Star falls at Black Lick
After processing 2,2021 tons of lamproite material, Star Resources (SRR-V) recovered only 0.38 carat of diamonds from the Black Lick prospect in Pike Cty., Ark.The bulk-sample, which captured only dia…
News
Freewest inks deal with Fancamp Exploration
Montreal-based junior Freewest Resources Canada (FWR-M) is expanding its area of interest around the Clarence Stream high-grade gold discovery in southwestern New Brunswick.The company has entered int…
Wolfden tests High Lake
Drilling by Wolfden Resources (YWO-V) has intersected additional deep mineralization in the middle portion of the High Lake massive sulphide deposit in Nunavut, some 45 km from tide water on the Arcti…
BC gov’t rolls out exploration incentive
The newly elected British Columbia government has rolled out several incentives to boost mineral exploration and mining in the province, the most significant being a 20% flow-through share tax credit….
Global capital flows
A striking feature of international capital flows during the past year was the dominant position of the United States as a recipient of flows, according to a report by the International Monetary Fund …
Niocan raises funds
Junior Niocan (NIO-T) is raising a minimum of $1.3 million via a private placement, with proceeds earmarked for work at the Oka niobium project, west of Montreal, Que.Privately held investment company…
Dundee boosts stake in Major Drilling
Investment firm Dundee Precious Metals (DPM-T) has acquired 300,000 shares of Moncton, N.B.-based Major Drilling Group International (MDI-T) at $3.76 per share. As a result, Dundee nows holds an 11.8%…
Tri Origin starts program Rex changes accounting policy
Tri Origin Exploration (TOE-V) is testing the Kazan copper-gold project 70 km south of Baker Lake in Nunavut, for its potential to host copper-gold deposits similar to Australia’s famous Olympic Dam m…
Juniors busy in Ontario
Vancouver-based Tres-Or Resources (TRS-V) has added 837 claims to its existing 900-claim package east of Martin River, in the Sudbury region of Ontario.The properties are believed to be prospective fo…
Christopher James drills copper showing
Kamloops, B.C.-based Christopher James Gold (CJG-V) is set to drill a new high-grade copper showing on its Silver Lake property, 17 km northwest of Little Fort in the same province.A 1-metre-wide zone…
Global warming separate from Kyoto pact
I have found the editorials in The Northern Miner on global warming over the past year or so to be objectionable. I sense a failure to separate the issue of global warming and its causes, on the one h…
Precious metals get trading site
A consortium of mining companies, refiners and industrial users of gold, silver and platinum group metals will form an Internet-based precious metals marketplace.The site, to be known as Electronic Pr…