MSV’s recalculation ups grade, cuts tons
Some number crunching done by MSV Resources, a star performer on the Montreal Exchange in recent weeks more than doubling in value, has reduced tonnage but increased grade of reserves on the Eastmain …
Articles by Northern Miner Staff
Galactic output off, company predicts gain
Despite some serious difficulties which caused a large production shortfall last year, Galactic Resources has managed to continue leaching through the winter months at its Summitville gold property in…
Fort Knox plans program on two Ontario gold bets
A $250,000 exploration program is slatted by Toronto-listed Fort Knox Gold Resources on the Crow Lake property, southeast of Kenora, under the supervision of Inco Ltd. The program on the 329-claim pro…
Exploration starts for Verdstone Gold on B.C. prospect
Exploration work has started on the East Thurlow Island gold property of Verdstone Gold Corp., the company reports. The work on the property, some 40 miles northeast of Campbell River, B.C., will be c…
Bankeno Mines amalgamates with Bankeno Resources
The amalgamation of Bankeno Mines with its wholly-owned subsidiary Bankeno Resources has been approved by the board of directors of each company. The two companies are continuing as one amalgamated bu…
Alotta drilling New Senator bet
A second drill has been added on the optioned New Senator property near Rouyn, Que., by Alotta Resources. So far, approximately 4,500 ft of a planned 20,000-ft drill program has been completed. Assays…
Teck-Corona Hemlo mine showing its potential
Mill throughput at the Teck-Corona mine at Hemlo reached 924 tonnes per day in Teck Corp.’s first quarter, shareholders were told at the annual meeting. This compares with a 556-ton average for the ye…
Ketza River royalty goes to Canamax
Canamax Resources plans to pay more than $3 million for the 20% net profits interest held by Ketza River Mines on Canamax’s Ketza River property in the Yukon. The royalty was acquired by purchasing a …
McGill seminar, mineral evaluation
A seminar on mineral project evaluation techniques and applications will be held Feb 9-20 at McGill University, Montreal, by the university’s department of mining and metallurgical engineering. It is …
Mary Ellen active in Saskatchewan
This year’s drilling program has started on Eldor Resources’ gold- platinum property in northern Saskatchewan. A check assay results for a recent drill hole announced late last year sees a 5.25-ft int…
Newspaper joins industry teaching mining to youth
The Northern Miner has joined in a direct way, along with the industry itself, in attempting to educate the young people of Canada about mining in this country, and to show coming generations how vita…
A signal that fraud won’t pay
The stiff sentences handed two Vancouver stock promoters for their part in the Oct 19 trading debacle more than two years ago should go a long way to curbing such abuses in the future. The promoters -…