News

Mining to be conventional at Pegasus’ U.S. project

The Montana Tunnels project will be the first conventional mining operation for Pegasus Gold which has built a solid reputation for processing low grade gold ores by heap leach methods. Located about …


Montreal Exchange Syngold doubles

Wednesday close, Dec 10 Syngold Exploration, criticized here a month ago for spending flow- through money indiscriminately, has proved the value of the tax- incentive scheme with some drill results th…


Deak, major shareholder in Toronto-listed Wilco

One of the oldest companies on the Toronto Stock Exchange has just received a financial shot-in-the- arm that will help accelerate its pace of exploration activity and property acquisition. Wilco Mini…


Significant gold showings claimed by Fairfield Min.

Two excellent gold showings have been found on Fairfield Minerals’ Elk property, not far from Noranda’s Brenda Mines property at Peachland, B.C. According to Fairfield, they occur in a stockwork setti…



Editorial Fix flow-through’s Achilles heel

The following guest editorial from the Prospectors and Developers Association of Canada is based on a brief on flow-through share financing presented recently to the Minister of Finance in Ottawa. The…


Gallagher options Red Lake property

An option agreement has been completed by Gallagher Explorations giving the cimpany the right to earn a 45% interest in seven claims adjoining the Arthur White gold mine near Red Lake, Ont. Known as t…


Platinum refinery Madeleine’s aim

Extensive metallurgical testing is getting under way by Madeleine Mines relating to the treatment of the concentrate to be produced from its large Lac Des Iles deposit of platinum group metals. This w…


Letters to the Editor Harry Oakes

Regarding Harry Oakes, referred to in a page 1 story in the Dec 1 issue of The Northern Miner, titled Mining’s unique practices questioned at Lac appeal. He was not murdered in Bermuda. He was murdere…


Siscoe takes control of Barrick

A share exchange agreement, subject to shareholders’ approval, will transfer control of American Barrick Resources to United Siscoe Mines, a former Barrick subsidiary. Three companies are tratransfer …


Galactic gold output is less than expected

Galactic Resources says 42,000 oz of gold was produced from the company’s Summitville project in Colorado by mid-November. Production started June 5 and Galactic says a profit of $522,073 was posted f…


Equinox deal on Nev. mine looks like an asutute move

The totally leveraged purchase by Equinox Resources of a 23.6% interest in Cominco’s Buckhorn mine property in Nevada has proven to be an astute move. Purchased for $1.7 million(US) the property is ex…


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