News

Majescor cuts narrow kimberlite intercepts

Drilling by Majescor Resources (MAJ-V) on the Wemindji project on the eastern side of James Bay in northern Quebec has intercepted dyke-like intervals of kimberlite in two holes.The junior drilled fiv…


Ashton begins work at Potentilla kimberlite pipe

Ashton Mining of Canada (ACA-T) has begun an exploration program on the Kikerk Lake property in the north Slave Craton region of Nunavut.The program will entail collecting a mini-bulk sample from the …


Western Copper moves ahead at Penasquito

Vancouver — Western Copper Holdings (WTC-T) is about to launch a 6,800-metre drill program on its Penasquito silver property in Mexico’s Zecatecas state, following tests which indicate potential for …


A bulk-sample pit at the Freightrain kimberlite on Baffin Island. A drill operates in the background.

Lower-grade Freightrain yields gem-quality stones

Mini-bulk kimberlite samples gathered by Twin Mining (TWG-T) from six sites across the surface expression of the Freightrain prospect at the northern tip of Baffin Island have yielded an assortment of…


Daily Metal Prices (April 01, 2002)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 26March 25March 22March 21March 20Aluminium13…



Precious metals rise in tandem on eastern markets

Precious metals took the spotlight during the March 20-26 report period, with gold, silver, platinum and palladium all rising in London bullion markets.Gold appreciated an impressive $4.80 over the fi…




Mint releases coin set

The Royal Canadian Mint in Ottawa has released two new hologram coins, including a one-quarter-ounce gold maple leaf coin and a gold maple leaf 5-coin set.The hologram on the quarter-ounce single coin…


Golconda drills at Shulin

Juniors Golconda Resources (GA-V) and Shear Minerals (SMR-V) are deepening four reverse-circulation drill holes to test a possible kimberlite pipe at their Shulin Lake property, 75 km northwest of Anc…


Assembled, left to right, at the joint-venture signing in Montreal are: Paul Papigatuk, president of Nuvumiut Development; Wallace Bradley, president of Bradley Bros.; Gary Potts, chief geologist for Socit Minire Raglan du Qubec; Arthur Murdy, general manager of Bradley Bros.; and Terry Mallinson, senior geologist with Falconbridge.

Bradley, Nuvumiut sign JV

Nuvamiut Development, an Inuit-run business in northern Quebec, has signed a joint-venture deal with Bradley Bros. to carry out surface and underground drilling over three years at the Raglan nickel m…


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