Inco increases ownership of Fort Knox
A deal has been made between Fort Knox Gold Resources and Inco Limited which will increase that latter’s control over the junior company and see a large gold property explored this fall. Fort Knox can…
Articles by Northern Miner Staff
Joint venture in B.C.
Goldcap Inc. has entered into a joint venture agreement with Noranda Exploration which will see Noranda perform exploration work on the Tommy Jack property near Prince George, B.C. Goldcap, which has …
HudBay and Outokumpu dealing on Namew Lake
A letter of intent has been signed between Hudson Bay Mining and Outokumpu Mines, which if concluded, will establish a joint venture partnership commited to exploring and developing Hudson Bay’s Namew…
Cobalt price leaps
The price of cobalt, which has been tumbling since the beginning of the year when it was about $11(US) a pound, climbed to their its highest price since June when it topped $7 this week. Production in…
New gold zone at B.Y.G. bet
A new gold zone has been discovered on B.Y.G. Natural Resources’ Mt. Nansen property 37 miles west of Carmacks, Yukon. The property is 100% owned by the company and is under option to Chevron Minerals…
Editorial Gold mining boom is a godsend
Gold mining is now the brightest, most profitable and fastest growin g segment of the North American mining industry. And the price of the metal, which has been unusually strong in recent weeks, still…
News in Brief (September 15, 1986)
Abermin Corp. says it has an agreement for the private placement of 1,092,076 shares, at $1.27 per share, subject to regulatory approval.
Amer. Oakwood and Lacana drilling Toodoggone claims
Drill results are expected shortly from an exploration program being conducted by Lacana Mining Corp and American Oakwood Energy in the Toodoggone area of B.C. Murphy Oil is also a partner in the prop…
Madeleine cuts platinum values (September 15, 1986)
Drilling by Madeleine Mines on the company’s optioned Lac des Iles platinum-palladium deposit has cut an 80-ft section grading 0.2 oz platinum group metals per ton. Ratios previously supplied by the c…
Montreal Exchange Senior issues busy and better
Wednesday close, Sept 10 The Montreal Exchange may be keen to publicize the number of new junior issues that have gained listings in the past few years, but it looked like the staid old ME of old this…
Tyler gets option on Golden Rule claims
Tyler Resources has acquired an option to earn a 45% interest in two claims blocks controlled by Golden Rule Resources. Located near La Ronge, Sask., the properties cover geology favorable to hosting …
Aur has profit
Aur Resources, which has budgeted $18 million for exploration and development work this year on six properties, reports net income of $314,032 for the nine months to June 30, equal to 4.4 cents per sh…