CDNX flatlines amid economic uncertainty
Vancouver — Canada’s junior exchange stalled over the week ended Nov. 27. The Canadian Venture Exchange composite index lost 0.03 of a point and closed at 3064.62. The mining index lost 20.22 points,…
Rio Tinto Exploration Canada Inc
Ashton boosts offering to $8m
Higher-than-expected demand for a $3-million brokered flow-through financing priced at a $1.10 per unit has led Ashton Mining of Canada (ACA-T) to raise an additional $1 million under the same terms.A…
Coronation pipes return strong counts
A new kimberlite camp is emerging some 50-120 km south of Coronation Bay in the northern Slave Craton region of Nunavut. Discoveries by Ashton Mining of Canada (ACA-T) and Kennecott Canada Exploration…
Kennecott targets GQ stones (October 29, 2001)
An agreement with Band-Ore Resources (BAN-T) sets the stage for Kennecott Canada Exploration to earn a majority interest in the GQ diamond property, near Wawa, Ont.Kennecott, which is a unit of Rio Ti…
End of rainy season lures juniors back to Sierra Madre
Cash is trickling into the Sierra Madre gold camps in Mexico as the rainy season draws to a close and juniors launch exploration programs designed to outline new resources or test the feasibility of p…
Third kimberlite found at Rockinghorse
Kennecott Canada Exploration has made another kimberlite discovery on Tahera’s (TAH-T) Rockinghorse property in Nunavut. It is the third such discovery since the current exploration campaign began.The…
Ashton discovers kimberlite south of Coronation Bay
A decision by Northern Empire Minerals (NEM-V) to fund its share of drilling on the Kikerk Lake diamond joint-venture project has paid off with the discovery of a new kimberlite body, dubbed Potentill…
Tahera options Jericho project to Kennecott Canada
A series of restructuring moves is enabling Tahera (TAH-T) to step up exploration of its extensive landholdings in the Northwest Territories and Nunavut.In the latest development, the junior optioned …
BHP disappointed at DHK, WI claims in NWT
Diamond explorer Archon Minerals (ACS-V) has come up empty after drilling 14 geophysical targets on the DHK and WI claim blocks in the Lac de Gras area of the Northwest Territories.A year ago, BHP Dia…
Canabrava tests showing
Field geologists with Canabrava Diamond (CNB-V) have discovered the possible source of two diamond-bearing kimberlite boulders found earlier this year by Kennecott Canada Exploration on the Rocky Isla…
Rockinghorse yields large number of stones
Additional microdiamond results from the newly discovered Anuri pipe on Tahera’s (TAH-T) Rockinghorse property in Nunavut indicate that the kimberlite body is significantly diamondiferous.Six hundred …
Western market loses ground
Vancouver — Canada’s junior exchange posted losses on all indices during the report period ended Aug. 14. The Canadian Venture Exchange composite index lost 17.65 points, or 0.6%, to close at 3,080.6…