Doran negotiates deal with Lacana
A letter of intent has been signed by Doron Explorations giving Lacana Mining an option to earn a 50% interest in the Cody Ridge silver-lead-zinc prospect near Faro, Yukon. To earn the interest, Lacan…
News
With new board, and fresh capital, Nor-Quest outlines its new
Equipped with a reorganized board of directors and $2.1 million in equity capital, Nor-Quest Resources has outlined its short-term strategy after a preliminary review of operations. After producing 46…
Camindex still in arrears at Valdez Creek project
A production shortfall at Camindex Mines’ Valdez Creek placer gold mine in Alaska, continues to cause financial headaches for the Toronto-based company. In 1986, ground water flow problems disrupted a…
Negotiations still for Falconbridge
Falconbridge Ltd. has discounted a press report that a settlement has been reached in the company’s dispute with the government of the Dominican Republic, over an export duty imposed by that governmen…
Investment Comment High hopes for Bryndon
During a recent North American tour, a number of British analysts stopped in at Bryndon Ventures’ Rossland claims just south of Rossland B.C. While it isn’t known how long they spent at the property, …
Texmont to earn 50% of Gowest property (March 21, 1988)
Explorations of Toronto an option to earn a 50% interest in a 14-claim property in Tully Twp., 40 km northeast of Timmins, Ont. Under an agreement, after New Texmont has spent $400,000 within one year…
International Curator options U.S. gold bet
An option agreement with Tellis Gold Mining gives International Curator the right to earn a 50% interest in the Arica gold prospect located in Riverside Cty., Calif. To earn the interest, Internationa…
Ridgeway gold mine looms for BP Minerals, Galactic
The Ridgeway gold mine, owned 52% by BP Minerals America and 48% by Galactic Resources will start tuneup operations by the fourth quarter of this year. The 15,000-ton-per-day mine, located 25 miles no…
Oil and gas information wanted
I realize that no one can be all things to all people. However, even though The Northern Miner has ben dedicated primarily to mining interests, as far back as I can remember it has always been a sourc…
Letters to the Editor New direction appreciated
I am a subscriber to The Northern Miner as I have actively traded mining shares and gold-mining mutual funds for several years. I hope your issue dated March 7 represents a new direction for your fine…
Bighorn begins bulk sampling at 25tpd Island Lake mill
A 25-ton-per- day pilot mill has started bulk sampling at Bighorn Development’s and Wydmar Development’s Island Lake gold project in northern Manitoba. The mill is processing a 3,000-ton bulk sample, …
Hydro discount to extend life of Brenda mine
A deal to get surplus power from B.C. Hydro at a discount price will enable Brenda Mines to extend the life of its open pit copper/molybdenum mine near Peachland, B.C., for an extra year, it has been …