1988

Largely bypassed in recent years, the Province of Newfoundland is witnessing quite an exploration boom these days, The Northern Miner gathers. Three years ago saw less than $10 million spent on minera…

Before the October, 1987, market crash, many junior companies were motivated for a variety of reasons to create and launch subsidiary or associated companies. Under present conditions, however, this t…

The dispute between Granges Exploration (TSE) and Abermin Corp. (TSE) (N.M., Sept 5/88) over the Tartan Lake gold mine has taken on a new twist. It could be an ominous one for the almost insolvent Abe…

I was somewhat puzzled by statements made in your article “Calpine cuts 96 ft of 0.7 oz gold” (N.M., Nov 7/88). No doubt the folks at Calpine Resources were very gratified to see their average grades …

Investment and restructuring pay off for Indonesian nickel mine Soroako, Sulawesi — home to P.T. International Nickel Indonesia (In co), the largest foreign mining investment in Indonesia — is fi…

A private company founded by Robert Friedland, president of Galactic Resources (TSE), and Eric Friedland recently made a $1.2 million private placement in War Eagle Mining (VSE), which owns the War Ea…

With three diamond drills starting up this week, a major grass roots exploration program quietly under way over the past two years by Noranda Exploration on a huge spread of almost virgin ground in no…

VANCOUVER Brooks Res. Ltd. — gross proceeds rec $315,000. Evergold Res. Inc. — gross proceeds rec $275,000. Silver Lake Res. — gross proceeds rec $175,000. Simon Fraser Res. Ltd. — min 500,000 off…

Initial drill results from Jarvis Resources'(VSE) Mallard Twp. property in northern Ontario have returned anomalous gold values. Five diamond drill holes were recently completed as part of an ongoing …

The Vancouver brokerage community has given a new name to War Eagle Mining which fell out of orbit last week and almost burned up on re-entry. People are now calling it “War Budgie,”a sparrow-sized bi…

BGR Goldcorp Central MVP Capital Net value $12.33% 9.36 7.29 1.03 Price $10.125% 6.250 6.12 0.67 Discount $17.88% 33.3% 16.0% 35.0% Value $73,395,449 164,…

With the sun retreating from sight almost completely and temperatures plunging to as low as minus 50 C, it’s difficult to imagine a harsher winter setting. But here on the rocky north shore of Baffin …