Noramex evaluatinng potential heap leach
A potentially viable heap leach situation in Nevada is being evaluated by Noramex Minerals. President Brian D. Fairbank says probable reserves now stand at about 85,000 tons grading 0.074 oz gold, hig…
News
Serem Inc. could be first to produce in Toodoggone area
Exactly when Serem Inc. will make a production decision on its Lawyers property is still uncertain. What is known, however, is the fact the company must decide by March 31 in order to qualify for gove…
News in Brief (March 09, 1987)
Terratech Resources says arrangements have been completed to dispose of its remaining interest in Health Development Services. President Hugh Cameron says profit on the transaction will be reflected i…
More holes ‘click’ for North American, Dundee
Diamond drilling continues to meet with encouragement on the Casa Berardi joint venture gold property of North American Rare Metals and Dundee-Palliser Resources in Vezza Twp., 25 miles south of Matag…
Bruneau interest in Montclerg prospect
Bruneau Mining Corp says it has an agreement in principle with Montclerg Resources, for Bruneau to earn a 60% interest in Montclerg’s gold property in Walker and Clergue twps., near Timmins, Ont. Brun…
Exploration heats up Northwest Territories
With the resounding success of the Lupin gold mine which produced nearly 194,000 oz of gold last year at its site just 56 miles south of the Arctic Circle, many junior companies are following the exam…
Queenstake plans precious metals probe
Queenstake Resources is raising up to $600,000 for exploration of its B.C. and Yukon precious metal properties, the company reports. The funds, resulting from a financing agreement with NIM and Co. Lt…
Power plans work on Jaeger property
Power Explorations intends to conduct additional exploration on ground held by Jaeger Resources in the Opapimiskan Lake area of northwestern Ontario. The 99- claim property is shared equally by the tw…
PDA service awards for Laurin, Seigel
Distinguished service awards are being awarded this year to Dr. Andre F. Laurin, assistant deputy minister of Quebec’s energy and resources ministry, and Dr. Harold O. Seigel, president of Scintrex Lt…
Queries Boston Bay platinum stake is big
I am now receiving my Northern Miner regularly and was sure glad to see that story on platinum. It will be helpful with my research as to investing in that metal. I hold some shares in Boston Bay Mine…
Stewart, Hughes/Lang win major PDA awards (March 09, 1987)
The Prospectors and Developers Association of Canada (PDAC) has named Merton Stewart as Prospector of the Year. Richard Hughes and Frank Lang have been named Developers of the Year. When Prasanta Sar…
Pioneer nets $15.75m. for Puffy Lake gold mine
Project financing has been secured by Pioneer Metals for its Puffy Lake gold mine, 45 miles northeast of Flin Flon, Man. Debt- free, and with $4 million in working capital (excluding the financing), P…