Diamondex uncovers kimberlite at King
Diamondex Resources (DSP-V) is adding a third rig to its wholly owned King property in the Northwest Territories, where a $2.7-million program is testing a possible downdip extension of the Snap Lake …
Articles by Northern Miner Staff
Band-Ore zeros in on Area E
Band-Ore Resources (BAN-T) has discovered the source of diamondiferous boulders in Area E at its GQ property, near Wawa, Ont.A coarse-grained, xenolith-rich diatreme breccia was discovered within 5 me…
Drilling heats up at LDG
De Beers Canada Exploration has begun drill-testing at least three targets on the LDG (formerly Thor) diamond property in the Northwest Territories.The project covers 500 sq. km near Lac de Gras, abou…
REGULAR DEPARTMENTS (May 14, 2001)
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San Miguel yields high zinc values in soils
Soil sampling on the wholly owned San Miguel property in central Mexico’s San Luis Potosi state is returning exceptionally strong base metal values for Playfair Mining (PLY-V).All but one of 25 soil s…
Minefinders tests targets
Vancouver — Minefinders (MFL-T) has identified two new gold targets within, and peripheral to, the Malacate caldera system in northern Sonora state, Mexico.Exploration has focused on a 65-sq.-km area…
Noranda reworks Lomas Bayas deal with Falco
The biggest news among Canada’s base metal producers over the May 2-8 report period was the revelation by Noranda that it is shuffling off its stake in the proposed purchase of the Lomas Bayas open-pi…
CDNX continues bull run (May 14, 2001)
Vancouver — Canada’s junior exchange continued its bull run duiring the report period ended May 8, with the mining index leading the pack. The Canadian Venture Exchange composite index tacked on 69.6…
The Northern Miner — North American Mining Index (May 14, 2001)
75.04 (-1.26)(Sept. 30/98 = 100)…
MOST ACTIVE ISSUES, MAY 2-8
ExchgVol(000s)HighLowCloseChangeNew Blue RibV 13737 0.44 0.20 0.34 + 0.14…
The Northern Miner — Small Producers Index (May 14, 2001)
50.36 (+0.60)(Sept. 30/98 = 100)…
Noranda hits more copper-gold at El Morro
Great results keep rolling in from the El Morro copper-gold project in north central Chile, where Noranda has been drilling as part of an earn-in agreement with owner Metallica Resources (MR-T).The la…