Majescor options Portage property to BHP
Encouraged by results from till sampling in the Otish Mountains area of central Quebec, BHP Diamonds has struck a deal with Majescor Resources (MAJ-V) to earn up to a 56% interest in the Portage prope…
SOQUEM Inc
Majescor plans program for Wemindji
Field programs budgeted at $500,000 will explore promising kimberlite targets on the land holdings of Majescor Resources (MAJ-M). The properties are east of James Bay in northern Quebec.The Quebec Cit…
Caber drilling goes one-for-six
A 6-hole drill program mounted by Quebec government-owned Soquem has failed to intersect any significant sulphides on the Caber property, west of Matagami; however, the work did uncover significant mi…
‘Quebec Inc.’ backs Niobec purchase
A inflow of cash from Quebec’s biggest institutions has allowed Quebec City-based Mazarin (MAZ-T) to close the $48-million acquisition of Teck’s (TEK-T) half-interest in the Niobec niobium mine in the…
McKenzie Bay proceeds with Lac Dor study
Junior McKenzie Bay International (mkby-o) has commissioned a bankable feasibility study of its Lac Dor vanadium project, 25 km southeast of Chibougamau, Que.A 4-member committee split equally betwee…
Majescor raises $2.2m
Quebec City-based Majescor Resources (MAJ-M) has arranged a $2.2-million private placement with investment dealer Canaccord Capital. Proceeds are earmarked for diamond exploration in northern Quebec.T…
Flow-through share financings benefit Canuck juniors
Vancouver — Companies with Canadian projects are finding willing investors for flow-through share issues, which provide investors with tax deductions on exploration expenses.- Canabrava Diamond (CNB-…
Virginia ventures into uncharted regions of Quebec
The recent discovery by Virginia Gold Mines (VIA-T) of a nickel sulphide deposit in northern Quebec has reaffirmed the company’s position as one of the most active explorers in the province.In the fal…
Eastmain, Quaterra to drill Abitibi extension
With $140,000 in hand from Quaterra Resources (QTA-V), Eastmain Resources (ER-T) is set to begin drilling on the partners’ Abitibi Extension project in northeastern Ontario.Targeting claim blocks in t…
Cambiex acquiring BHP’s Hope Bay properties
Cambior (CBJ-T) subsidiary Cambiex Exploration (CBX-T) is acquiring Broken Hill Proprietary’s (BHP-N) Hope Bay gold properties in western Nunavut.Cambiex will pay US$23 million in four stage…
No place like home for Eastmain Resources
The notion that the grass is always greener on the other side of the globe has found little favor with Eastmain Resources (ER-T), a Toronto-based company exploring for gold and base metal deposits in …
EXPLORATION – Cancor focuses on Zone B at Gemini project — Surveys, drilling point to promising polymetallic values at project in northwestern Quebec
Montreal-based Cancor Mines (KCR-M) is gearing up for another round of diamond drilling at its Gemini polymetallic property north of La Sarre in northwestern Quebec.The 206-claim property is in Laberg…