Articles by Northern Miner Staff

Funding for Goldpost

Goldpost Resources Inc. has entered into an agreement with Middlefield Resources under which the Middlefield company is committed to provide Goldpost with $1 million for the purchase of flow- through …


Orcana earning 50% interest in Cook property

An agreement has been signed between New Sabina Resources and Orcana Resources whereby Orcana may earn a 50% interest in the former’s Cook property in MacMurchy Twp., located 18 miles west of Gowganda…


Denison sells Conrex to private investors

Consolidated Rexpar Minerals and Chemicals recently announced financing plans that will take the company into merchant banking and investments business in association with Gornitzki, Thompson & Little…


HBMS buying Ruttan mine from Sherritt

The Ruttan mine at Leaf Rapids, Man., is being acquired by Hudson Bay Mining and Smelting from Sherritt Gordon Mines in a deal that is expected to be concluded by July 15. Hudson Bay Mining, a subsidi…



Moneta deals for properties near Timmins

Moneta Porcupine Mines has purchased 92 claims near Timmins, Ont., from Labrador Mining and Exploration. A majority of the claims (49) are in Tisdale Twp. Others are scattered across Shaw, Mountjoy, D…


Tartan Lake cornerstone in Abermin’s growth plan

The goal of Abermin Corp. is to become a “major mining company by 1995,” Roger P. Taylor, president, told the annual meeting. He said the Tartan Lake project in northern Manitoba (N.M., June 8/87) “wo…


Alberta Stock Exchange Most issues lower

After a burst of activity in recent weeks, some of Alberta’s most active precious metal stocks took a well earned breather. At least that’s how it looked after recent movers like Suffolk Resources and…


McFinley gains 100% interest in Red Lake bet

Its joint-venture agreement terminated on the Bateman Twp. project at Red Lake, Ont., McFinley Red Lake Mines now holds a 100% interest in the property. McFinley, which had a 50% interest in the proje…



Editorial Thank Wilson for small mercies

There’s no doubt about it. Michael Wilson’s white paper on tax reform proved something of a blow to the mining industry in that it watered down flow-through share financing for mineral exploration. Wh…



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