The history of the Point Lake discovery — a diamondiferous kimberlite, by Dia Met Minerals (TSE) and joint-venture partner BHP Minerals in the fall of 1991 — began with the exploration for indicator…
Week’s Price (US) Change Gold* $394.80 + $4.40 Silver* $ 5.67 + $0.21 Platinum* $420.00 + $3.25 Nickel** $ 2.92 – $0.02 Lead** $ 0.28 $0.00 Copper $ 1.14 + $0.01 Zinc $ 0.45 + $0.01 Courtesy of Scotia…
Diamonds were first discovered in Brazil in 1725, and the Latin American country soon replaced India as the most important global source of diamonds. Brazil remained the primary diamond source until t…
Attempts to value exploration properties prior to the actual discovery of a mineral deposit are highly subjective exercises. The foremost problem is to assess the probability that a particular area do…
Following a review of an in-house resource estimate for the Fortuna property in Mexico’s Durango state, consultant Kilborn Engineering has calculated a new drill-indicated resource. The deposit is now…
Joint-venture partners Cliff Resources (TSE), Triad Minerals and Black Hill Minerals plan about 5,000 metres of small-diameter drilling this year on their Phillips Range diamond property in Western Au…
Prefeasibility work is confirming the potential of the Gaby gold porphyry joint venture in Ecuador, reports Ecuadorian Minerals (ASE). The company can earn a 35% interest in any oxide resource outline…
According to Glimmer Resources (VSE), results from drilling by Hemlo Gold Mines (TSE) at the Hislop-Beatty property in northeastern Ontario should lead to increased reserves. Seventeen of the 29 holes…
Alberta-listed Nebex Resources plans to carry out drilling on three gold properties in Yellowknife, N.W.T., and on two gold and base metal properties in New Brunswick. Near Yellowknife, Lac Minerals (…
While it may not be as heavily promoted as the Kilometre 88 region, Venezuela’s El Callao region, 125 km to the northwest, has attracted its share of exploration companies. This should come as no surp…
Toronto-listed Waddy Lake Resources has completed test mining and milling programs to determine the continuity and consistency of mineralization at its Komis gold deposit in northern Saskatchewan. The…
The latest assay results from World Wide Minerals’ (TSE) Easter Project in Nevada show that continuity and gold grades are significantly better than those encountered during the previous program. In a…
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