News

While most of the industry’s attention this year has been focused on the diamond play of BHP Minerals Canada in the Lac de Gras region of the Northwest Territories, the gold potential of this vast and…

A Venezuelan company managed and owned 50% by Jordex Resources (TSE) has extended an exclusive option on its Loma de Hierro nickel project to Anglo American Corp. of South America for an additional 90…

When it comes to gemstone mining in Alberta, there is only one game in town: the shell game. Gemstone mining is virtually non-existent in Alberta except for a remnant of the ancient sea bed which mill…

Diamond exploration activity in the Lac de Gras area in the Northwest Territories and elsewhere in the country has been a considerable boon to Canada’s otherwise sluggish mineral geophysics industry. …

A recent hole drilled by a unit of Nerco Minerals returned more than 0.5 oz. gold per ton over a drilled interval of 305 ft. from the Cresson project in the historic Cripple Creek mining district near…

Malcolm Slack, chairman of Deak Resources (TSE), recently increased his interest in the junior producer by buying 400,000 shares privately for 29 cents to hold 531,700. A $3-million underground explor…

David Miller and John Brock appointed directors.

Alex Balogh appointed chairman.

Robin Matthews appointed director.

Peter Gummer appointed director and vice-president, exploration.

A second kimberlite pipe has been found by Sudbury Contact Mines (TSE) in the Kirkland Lake area of northeastern Ontario, the junior says in its quarterly report to shareholders. A 63-kg sample, taken…

The global reserve potential of the Brewery Creek property near Dawson, Yukon, will be further evaluated this fall by partners Hemlo Gold Mines (TSE) and Loki Gold (VSE). A first-phase $400,000 progra…