Greenland drilling uncovers kimberlite dyke
Joint-venture partners Citation Resources (CUE-V), Cantex Mine Development (CD-V) and BHP Billiton (BHP-N) wrapped up a field season in western Greenland by testing seven targets with 1,000 met…
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Eastmain hits sulphides
Drilling by Eastmain Resources (ER-T) at the Railroad property near Bathurst, N.B., has intersected some thin, but extremely high-grade zones of massive sulphides.Six holes were drilled on the Railroa…
New drilling at La Bolsa
Fischer-Watt Gold (FWGO-O) has contracted for a new drill program at the La Balsa project in Michoacan state, to provide data for a full feasibility study.The company’s prefeasibility study on La Bals…
Grupo Mexico subsidiary takes credit hit
Bond rating house Fitch IBCA has downgraded the credit rating of Grupo Minera Mexico, the major domestic operating subsidiary of Grupo Mexico.Minera Mexico, which is the direct owner of Grupo’s Canane…
Gammon Lake advances Ocampo to feasibility
Having wrapped up an extensive drilling campaign at its Ocampo gold-silver project in Mexico earlier this year, Gammon Lake Resources (GAM-T) is raising more funds and setting its sights on completing…
Western Copper flies solo at Penasquito silver project
Vancouver — With the San Nicholas project on simmer, owing to low zinc prices, Western Copper Holdings (WTC-T) is turning up the heat on the nearby Penasquito silver deposit in Mexico’s Zacatecas sta…
Santoy, Fairfield test copper-platinum-palladium play
Platinum and palladium are not typically associated with Mexico, but that hasn’t swayed Santoy Resources (SAN-V) and Fairfield Minerals (FFD-T) from searching for the metals at their Tropico project o…
Int’l Northair cashes up for exploration
One of the few juniors still banging on rocks in Mexico is International Northair Mines (INM-V).The company raised $250,000 this summer for further exploration through the sale of 1.4 million units pr…
Northern Miner Indices (October 15, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T21.0CamecoCO-T3.9FalconbridgeFL-T5.1Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N4.8Homestake MiningHM-N7.4I…
Canadian Stock Exchange Indices (October 15, 2001)
DateOct. 9Oct. 8Oct. 5Oct. 4Oct. 3HighLowTSE 3006869.32Holiday…
CDNX holds ground as rockets roar
Vancouver — The highly anticipated first strike by U.S.-led forces against Afghanistan failed to rattle Canada’s junior exchange during the 4-day report period ended Oct. 9. The Canadian Venture Exch…
Better life starts with industry Progress and protest
Children have been known to ask, “If there’s a Mother’s Day and a Father’s Day, why isn’t there a Child’s Day?”The stock answer (revealed to new parents, we suppose, in pre-natal classes, between sess…