Otish basin seeing increased activity
Uranium exploration activity is at a 25-year high in the Otish sandstone basin of north-central Quebec. While that would probably still be true if one prospector was carrying a scintillometer, the dis…
2007
Mantle hits zinc in Akie stepout
Vancouver — Stepout drilling by Mantle Resources (MTS-V, MTSZF-O) on its Akie zinc project, in northeastern B.C., hints at the expansion potential of the Main Cardiac Creek zone.
JNR and Altius stake claims in Newfoundland
In one of the largest staking campaigns for uranium ever undertaken in eastern Canada, JNR Resources (jnn-v, jnrrf-o) has teamed with Altius Minerals (ALS-T, ATUSF-O) to stake more than 10,500 claims …
Aguila copper-moly targets show promise
Vancouver — New exploration at an old site is proving productive, as joint-venture partners Duran Ventures (DRV-V, DUVNF-O) and MacMillan Gold (MMG-V, MMEEF-O) are learning from the first drill resul…
LME Warehouse Levels (October 22, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 15, 2007 (change from Oct. 8 in brackets):
Pele drilling confirming Elliot Lake resource
Pele Mountain Resources (GEM-V, PMNHF-O) expects to see results of a scoping study on the company’s Elliot Lake uranium project soon, following a successful infill drilling campaign.
Daily Metal Prices (October 22, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Rusoro ropes Gold Fields properties
Vancouver — Having inked a deal to purchase all of Gold Fields’ (GFI-N, GFI-J) mineral projects in Venezuela, including the Choco 10 gold mine, Rusoro Mining (RML-V, RMLFF-O) is jumping to producer s…
Khan, Western Prospector mull shared infrastructure
Vancouver — Neighbouring uranium explorers Khan Resources (KRI-T, KHRIF-O) and Western Prospector Group (WNP-V, WEPGF-O) are looking at collaborating on government-related issues and development of t…
TSX Venture Short Positions (October 22, 2007)
Short positions outstanding at Sept. 30/07 (with changes from Sept. 15/07).
Sleeping giant?
Cadiscor Resources (CAO-V, CADRF-O) has signed an option agreement to acquire Iamgold’s (IMG-T, IAG-N) Sleeping Giant mine and milling facilities in Quebec’s Abitibi region, located 70 km west of its …
Strathmore grows Gas Hills claims
Strathmore Minerals’ (STM-V, STHJF-O) has snapped up more land in the Gas Hills uranium district of Wyoming, historically the second-largest uranium producing area in the United States.