Some bits about diamond drilling
Diamond core bits are generally made with drilling solid rock in mind. Rock may be broken, hard, abrasive, etc., but will usually make its way up into the core tube en route to the geologist’s core ta…
News
Starfield advances Ferguson Lake (November 27, 2006)
Vancouver — In wrapping up its 2006 drilling program at the Ferguson Lake copper-nickel-platinum group metals project located 240 km west of Rankin Inlet, Nunavut, Starfield Resources (SRU-V, SRFDF-O…
Freeport to swallow Phelps
If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N) will create the world’s largest publicly traded copper company and the largest …
Tribute’s Arrow holes hit mark (November 27, 2006)
Analytical results from two drill holes by Tribute Minerals (TBM-V, TBMIF-O) at the Garnet Lake property in northwestern Ontario have shown zinc and minor copper mineralization.
New Gold outlines deep zone at Afton
Vancouver — Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, B.C., is confirming a new, deep zone of copper mineralization beneath the existing resource.
Queenston cuts new gold at Upper Beaver
Drill holes north of the established mineralization at the Upper Beaver gold property in Gauthier Twp., about 20 km east of Kirkland Lake, Ont., have intersected gold on two previously unknown mineral…
Bell taps copper at Sombrero Butte
Vancouver — Initial drilling by Bell Resources (BL-V, BZRSF-O) on its Sombrero Butte project in Pinal Cty., Ariz., has delivered a wide copper-mineralized interval.
LME Warehouse Levels (November 27, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 20, 2006 (change from Nov. 13 in brackets):
Aurizon gold mine almost ready
Vancouver-based Aurizon Mines (ARZ-T, AZK-X) is about to begin operations at its Casa Berardi gold mine in the Abitibi region of Quebec with just a few jobs left to cross off its preproduction checkli…
Spot Prices Courtesy of Scotiabank Tuesday, Nov. 21, 2006
Precious Metals Price (US$/oz.) Change Gold $625.00 +1.60 Silver $12.92 +0.07 Platinum $1390.00 +210.00 Palladium $329.00 +10.00 Base Metals Price (US$/lb.) Change Nickel $14.87 -0.18 Lead $0.80 +0.83 Copper $3.12…
More gold at Palmarejo’s Guadalupe
Vancouver — Deep drilling by Palmarejo Silver and Gold (PJO-V, PJOFF-O) on its Guadalupe project in Chihuahua state, Mexico has tapped into a zone of high-grade gold mineralization.
Canadian Royalties expands Ivakkak (November 27, 2006)
Drilling this past field season by Canadian Royalties (CZZ-T, CRYAF-O) at the Ivakkak deposit on the Ungava peninsula of northern Quebec has indicated a longer and deeper mineralized zone.