Winspear and Aber hit kimberlite at Snap
Partners Winspear Resources (WSP-V) and Aber Resources (ABZ-T) have intersected 107 metres of a complex kimberlite breccia in the Snap Lake area of the Camsell Lake diamond project in the Northwest Te…
Aber Resources Ltd
STOCK MARKETS — VSE composite and resource indices flattened by Bre-X debacle — Bright spots include Arizona Star, which unveiled resource estimate for Chilean gold-Copper play
The cloud of uncertainty looming over Bre-X Minerals continued to rain on most junior mining stocks.Led by the resource sector, the Vancouver Stock Exchange composite index lost 44.85 points, or 3.92%…
Resource estimate for Diavik
Based on preliminary geological modelling of four pipes, the Diavik project in the Lac de Gras area of the Northwest Territories is estimated to contain resources of 36 million tonnes of kimberlite, d…
STOCK MARKETS — Bre-X’s collapse has domino effect on VSE juniors — Western markets may take months to recover as investors bail out of penny mining stocks
The ongoing confusion over Bre-X Minerals took its toll on almost all mining stocks on the Vancouver Stock Exchange during the report period ended April 1. The VSE’s composite index lost 121.82 points…
DIAMOND PAGE — Target tested at Camsell Lake
Drilling at the Camsell Lake diamond project in the Northwest Territories is focusing on an 8-sq.-km target area where diamondiferous kimberlite boulders and anomalous concentrations of pyrope garnets…
THE DIAMOND PAGE — BHP enters talks with De Beers over Lac de Gras mine
BHP Minerals says it has had discussions at senior levels with De Beers Consolidated Mines about marketing gemstone production from its diamond project near Lac de Gras in the Northwest Territiories.T…
STOCK MARKETS — Tumbling golds pull western markets down
The Vancouver Stock Exchange composite index slipped 21.93 points over the report period ended Oct. 1, to close at 1,205.5. The resource index finished at 2,284.43, down 78.66 points. The resource sec…
Greenland yields diamond discovery for Platinova A/S
A recent diamond discovery in western Greenland will be followed up with a $6.5-million exploration program over the next year.Toronto-based Platinova A/S (PAS-T) recovered the clear, white stone whil…
THE DIAMOND PAGE — Diavik partners report promising values
Partners Kennecott Canada and Aber Resources (ABZ-T) are encouraged by the latest drill results from their Diavik diamond project near Lac de Gras in the Northwest Territories.A single, large-diameter…
DIAMOND PAGE — DO-18 disappoints
From the results of a mini-bulk drill sample, the DO-18 pipe on the WO claim block in the Lac de Gras area of the Northwest Territories appears to be uneconomic.A 6.9-tonne sample yielded an undisclos…
STOCK MARKETS — Copper crisis ripples through TSE
It’s not unusual to see the resource stocks outperform a rising market. But this week, market watchers got to see a bear market that didn’t find its tastiest dinner in the resource sectors.The Toronto…
DIAMOND PAGE — DO-18 pipe yields mini-bulk sample
About 6.5 tonnes of kimberlite were recovered by a single, large-diameter drill hole on the DO-18 pipe at the WO claim block in the Lac de Gras area of the Northwest Territories.Kennecott Canada, whic…