Rayrock operator of Costa Rica Bet
A joint venture agreement on the Bellavista/Montezuma gold property in Costa Rica has been entered with Rayrock Yellowknife Resources, Westlake Resources and Midland Energy Corp. Under the terms of th…
Articles by Northern Miner Staff
Vancouver Stock Exchange Market loses earlier volatility
While the Vancouver market has lost some of its earlier volatility, the over-all trend is still positive. Many investors are taking profits and this has led to some significant declines, particularly …
Augmitto extends the Patrick on Beaauchastel property ld
Extensions to depth of mineralized gold showings on the Patrick zone have been identified by recent drilling on the Beauchastel Twp. property near Rouyn, Que., by Augmitto Explorations. The drilling i…
Metals Report Moly’s fundamentals improving
Now don’t get me wrong. I’m not about to say that molybdenum is going to be a stellar performer for the rest of this decade. It’s not. But it could be starting on a slow but steady road to recovery. C…
Precious metals
The 11th International Precious Metals Conference sponsored by the International Precious Metals Institute of Allentown, Pa., will be held in Brussels, June 14-18. The conference program will cover al…
McIntyre agreement, management buy of Smoky River Coal
McIntyre Mines says it has an agreement in principle for a management purchase of all of the shares of its wholly-owned subsidiary, Smoky River Coal, which produces metallurgical coal at its mine near…
Laurentian drive will be led by former Inco man
Mining engineer Dr James Grassby, a former Inco executive, has been appointed executive director of a development campaign for Laurentian University, Sudbury, Ont. Dr Grassby’s mandate will be to work…
X-Cal is encouraged by Snowbird results
Encouraging intersections have been returned from drilling on the Snowbird property of X-Cal Resources in British Columbia’s Omenica mining division, the company reports. President Shawn Kennedy says …
Augmitto, Bay outline reserves on Quebec bet
A preliminary reserve calculation for the Fourax II property shared equally by Augmitto Explorations and Bay Resources and Services, concludes the property has possible reserves of 675,000 tons gradin…
Second phase drilling by Wesley/Radcliffe in Nevada
The second-phase drilling program is slatted to start next month on the Independence property near Elko, Nev., by joint venture partners Westley Mines and Radcliffe Resources. Evaluation of the result…
Major underground effort set by Placer at Seabee $4.2 million
A $4.2-million underground exploration program at the Seabee gold project has been given the go ahead by Placer Development. Held under option from Claude Resources, the Seabee property is located 78 …
Gold output is notable for Total-Erickson
With two mining operations running only part of the year, 1986 gold production for Total Erickson Resources amounted to 35,633 oz. The company’s Mt. Skukum project south of Whitehorse, Yukon, came on …