PGM Ltd. keeps faith at Towle Lake
Vancouver — Drill results from Platinum Group Metals’ (PTM-T) Lac des les project, near Thunder Bay, Ont., confirm the presence of platinum group metal mineralization in the Towle Lake intrusion.At …
Brazalta Resources Corp
BHP options Alberta diamond project
After staking a 7,200-sq.-km land package in northern Alberta last year, the Canadian diamond division of BHP Billiton (BHP-N) has acquired an option on two key properties held by Buffalo Diamonds (YB…
Millennium, PGM join forces at Lac des les
A merger between New Millennium Metals (PGM-V) and Platinum Group Metals (PTG-V) is designed to consolidate the juniors’ land positions in the Lac des les region of northwestern Ontario.The deal, whi…
Juniors persevere in search for prairie diamonds
Although diamond exploration in Saskatchewan never attracted the amount of attention it did in Alberta, a handful of companies are determined to continue the search.Saskatoon-based Shore Gold (SGF-V) …
Ekati’s success fuels Great Canadian Diamond Play
A variation of DeBeers’ marketing moniker “diamonds are forever” might well apply to the diamond exploration sector: for many investors, it seems that “diamond exploration is forever,” given the time …
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — EuroZinc, Grayd buck trend as VSE tumbles
The Vancouver Stock Exchange composite index nosedived 14.26 points, or 3.4%, over the report period ended Aug. 10 to close the week at 400.89. The mining index also lost ground, shedding 6.35 points,…
Kennecott finds more Alberta pipes — Additional targets await testing before year-end
Kennecott Canada Exploration has drill-tested five geophysical targets to date on the Legend property in northeastern Alberta, with only one miss — and, weather permitting, a further four targets are…
Companies (November 16, 1998)
AG Armeno Mines & MineralsAgnico-Eagle MinesAlberta EnergyAmblin ResourcesAMT International MiningAnglogoldApex Silver MinesArgent ResourcesAshton Mining of CanadaAsia Pacific ResourcesAuriz…
Alberta kimberlites elude Lucero, New Claymore
Lucero Resource (LCR-V) has suspended drilling on the ITS property in north-central Alberta after failing to encounter kimberlite in the first six holes drilled to test five geophysical targets.All th…
Companies (July 06, 1998)
Altius MineralsAntares Mining and ExplorationAscot ResourcesAshton MiningAteba MinesAur ResourcesBema GoldBreakwater ResourcesCampbell ResourcesCanabrava DiamondChannel ResourcesComaplex MineralsCumbe…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Juniors seeking NWT diamonds fare well
The Vancouver Stock Exchange mining index fell below the 400 level during the June 10-16 report period, losing 34.63 points, or 8.2%, to close at 387.97. The composite index was down 42.91 points, or …
FINANCINGS — New Claymore funds Buffalo Hills exploration
New Claymore Resources (NCS-V) has agreed to a brokered private placement of up to 1 million units at $1.60 each, for gross proceeds of up to $1.6 million.Each unit will consist of one common share an…