Northgate sees red in first quarter
Vancouver — Lower production resulting from a high stripping ratio at the Kemess mine in north-central British Columbia contributed to a first-quarter loss for Northgate Exploration (NGX-T).The compa…
Kemess Underground Project
Juniors scour BC’s Toodoggone region
Vancouver — With the Kemess South open-pit copper-gold mine serving as a model, Northgate Explorations (NGT-V) and a host of other juniors are exploring the Toodoggone region of north-central British…
Exploration work upgrades Northgate’s Kemess North
Vancouver — In 2002, Northgate Exploration (NGX-T) spent US$3.5 million drilling 42 holes at the Kemess North deposit in the Toodoggone River area of north-central British Columbia. In the process, t…
Juniors keep exploration (barely) alive BC
Vancouver — Despite the implementation of one of the most attractive incentive programs in the country, mineral exploration in Canada’s westernmost province failed to ignite in 2002.In 2001, total fi…
Northgate advances Kemess North project; Botwood
Vancouver — Encouraging drill results have prompted Northgate Exploration (NGX-T) to launch a prefeasibility study at its Kemess North gold-copper project in central British Columbia.The results conf…
Cost-cuts keep Northgate in the black
Vancouver — Cost-cutting, coupled with its gold and currency hedging programs, enabled Northgate Exploration (NGX-T) to turn a profit in the third quarter.The company earned US$982,000 (or US1 per s…
Northgate reduces hedge position, posts loss
Vancouver — After closing out a large portion of its hedge position, Northgate Exploration (NGX-T) took a one-time US$9.8-million hit during the second quarter and slipped further into the red.The co…
Gold Fever in BC, Part 2
The exploration and development of porphyry deposits during the 1960s and 1970s had a profound effect on the mining community in British Columbia. Between 1965 and 1987, one out of every four deposits…
Comaplex eyes Zopilote in western Honduras
Vancouver — Comaplex Minerals (CMF-T) can acquire a half-interest in the Zopilote deposit in western Honduras. The property is held by Doublestar Resources (DSR-V).To do so, Comaplex must spend $2.5 …
Resource stocks rise with the rest of market
The bulls charged ahead during the March 6-12 report period, pushing the Toronto Stock Exchange 300 index up 280.02 points to 7,866.14. Even the precious metals and base metals sub-groups were up over…
Trio develops Sustut copper deposit
Vancouver — Northgate Exploration (NGX-T), Doublestar Resources (DSR-V) and privately owned Procon Mining & Tunneling will jointly develop the Sustut copper deposit, 65 km north of the Kemess mine in…
Diamonds sparkle at Cordilleran Roundup (February 11, 2002)
Vancouver — If high attendance and enthusiasm at a conference are any indication of an industry’s strength, then the recent Cordilleran Exploration Roundup in Vancouver showed that mining is finally …