Beach sand could soon become a “hot item” in this sleepy little fishing village on Quebec’s North Shore. Tiomin Resources (ME) is collecting a 100-tonne sample of heavy mineral concentrate from its Na…
Bulk sampling will begin immediately on a diamond project held by BHP Minerals Canada and Dia Met Minerals (TSE) in the Lac de Gras region of the Northwest Territories. BHP recently awarded the contra…
The Keystone joint venture started open-pit mining of the BT deposit near Lynn Lake, Man., in mid-August. An estimated 25,000 tonnes of high-grade ore is now exposed. Cazador Explorations (VSE), which…
On a 296-claim package in the Brookfield area of southwest Nova Scotia, Abacus Minerals (VSE) has begun detailed sampling for gold. Abacus can earn a 100% interest in the property from a private compa…
After the strong summer bull market, most precious metals have been losing ground as a result of profit-taking by speculators. The question is, after testing the downtrend line, will these metals even…
The auriferous zone at the Douay property of Northern Abitibi Mining (ASE) in northwestern Quebec has been traced for more than 2,600 ft. along strike. Drilling by Soquem, the Quebec Crown exploration…
The parent company of Audrey Resources (TSE) has agreed in principle to provide Audrey with a loan facility worth up to $17 million. The loan from Cambior (TSE) will allow Audrey, which is developing …
Further surface drilling by Noranda Exploration, a unit of Noranda (TSE), on its Bell Allard South property near Matagami, Que., has encountered additional base metal mineralization. To date, a massiv…
The push to prove up an economic diamond deposit has begun in earnest in the Lac de Gras region of the Northwest Territories. Two international majors, Kennecott and BHP Minerals, are moving ahead wit…
Week’s Price (US) Change Gold* $345.25 – $7.00 Silver* $ 4.04 – $0.22 Platinum* $353.00 – $3.50 Nickel** $ 2.00 – $0.03 Lead** $ 0.17 – $0.01 Copper $ 0.87 – $0.03 Zinc $ 0.40 $0.00 Courtesy of Scotia…
With a letter of intent to earn a half interest in the Montana Mountain property near Carcross, Y.T., Amcorp Industries (VSE) expects to begin a minimum 5-hole drilling program shortly. Amcorp can ear…
Small-scale production on an alluvial gold deposit on the Yaqui River in Sonora, Mexico, is under way, Exall Resources (TSE) reports. The company has stockpiled 45,000 cu. metres of mineralized gravel…
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