High-interest source eludes Churchill JV
Despite discovering 17 new kimberlite bodies during the 2005 spring and summer drilling campaign at the Churchill project in eastern Nunavut, disappointing microdiamond results illustrate the fact tha…
NDT Ventures Ltd
Summer work in eastern Nunavut yields diamond discoveries
A flurry of exploration in eastern Nunavut has resulted in several kimberlite discoveries.
Speculation runs high on Battle Mountain-Cortez trend
Elko, Nev. — The search for gold along the Battle Mountain-Cortez trend in north-central Nevada has been re-energized by the Cortez Hills discovery, a 7.5-million-oz. oxide deposit that is still being drilled off by partners
Trend a friend for Cortez area players
The Cortez area is undergoing a flurry of exploration and drilling activity spurred by drilling successes at the Cortez Hills joint venture.
Juniors struggle as gold falls below US$400
The gold price moved below US$400 per oz. and toward the US$390-per-oz. level near the end of the holiday-shortened June 29-July 6 period, closing at US$394.50 in New York. The TSX Venture Exchange composite index closed down slightly, losing 11 p…
Stornoway reports strong microdiamond count
Summer drilling on the AV-1 kimberlite showing on the Melville Peninsula in eastern Nunavut has returned highly significant microdiamond counts showing good potential for larger, commercial-size stone…
New diamond plays come into view in northern Canada
The diamond hunt is exploding with new kimberlite discoveries beyond the Slave Craton in Canada’s Far North. Recent discoveries are reported near Rankin Inlet and on the Melville Peninsula in eastern …
NDT Ventures raises $1.2m
Vancouver — NDT Ventures intends to raise $1.25 million by selling 66 million units priced at 18 each, with proceeds earmarked for exploration of the Fury, Sarcpa and Gem diamond properties in Nunav…
Bullion bearish on junior market
Vancouver — Canada’s junior exchange felt the impact of a falling bullion price during the report period that ended March 11, with investors electing to unload gold explorers. The S&P-TSX Venture Exc…
Linear drills Nfld prospect
Linear Resources (LRR-V) has begun a 700-metre drill program on an intrusion-related, gold-bearing prospect at its 15-claim Powderhorn property on Newfoundland’s East Coast.Linear can earn acquire the…
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