Shear, Stornoway add to Churchill discoveries
A second round of drilling on the Churchill diamond project, near Rankin Inlet in Nunavut, has resulted in the discovery of four new kimberlite bodies, bringing the total number of kimberlites found s…
News
Boka drilling pulls up more gold (September 22, 2003)
Continued drilling by Southwestern Resources (SWG-T) at the Boka gold project in Yunnan province, China, has returned gold values at both the Boka 1 and Boka 7 targets.Hole B3-08, drilled between the …
Dios finds kimberlite
Diamond explorer Dios Exploration (DOS-V) has uncovered a couple of kimberlitic occurrences on its wholly owned Hotish project, 100 km south of the Renard cluster in north-central Quebec.Crews interse…
LME Warehouse Levels (September 22, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 16 (change from Sept. 9 in brackets):MetalStock(tonnes)ChangeAluminium1375375(+…
NovaGold Funds work in Alaska
Vancouver — NovaGold Resources (NRI-T) will raise $25 million by issuing common shares and share purchase warrants in order to finance exploration of the Rock Creek and Nome properties in Alaska.The …
Banro looks to Twangiza project
Vancouver — Some eight years after gaining a foothold in the politically unstable but mineral-rich Democratric Republic of Congo and five years since the government took its exploration projects away…
Editorial Cartoon (September 22, 2003)
A sure cure for depression
— The following is the second of two excerpts from Wesley Earl Dunkle: Alaska’s Flying Miner, recently published by University Press of Colorado. The 274-page book was written by Charles Caldwell Haw…
AfriOre cuts high-grade gold in Mali (September 22, 2003)
Best known for its coal-mining activities in South Africa, AfriOre (AFO-T) has created some heat as a result of exploration drilling at its new Banankoro gold project in Mali.Following the release of …
Metallic eyes Esmeralda production
Underground drilling at the Prospectus vein structure on the Esmeralda property, 100 miles southeast of Reno, Nev., is returning high gold and silver values for Metallic Ventures Gold (MVG-T).Among th…
Canadian Stock Exchange Indices (September 22, 2003)
DateSept. 16Sept. 15 Sept. 12Sept. 11 Sept. 10HighLowTSX Composite…
PMI targets Ghana gold
Vancouver — Encouraging results from the first 14 holes drilled at the Ashanti II gold project in Ghana have prompted operator PMI Ventures (PMV-V) to carry out further drilling.Advancing early-stage…