Stornoway Diamond Corporation

Junior stakes Otish property

The Northair Group’s Northern Empire Minerals (NEM-V) has acquired, through staking, a 77-sq.-km property in the heart of the Otish Mountains area of Quebec.The La Croix property is 35 km east of Asht…


Investment Commentary — Best bets for 2002

The Northern Miner asked five market watchers of the junior mining and exploration sector for their top picks and opinions for the year ahead. This week we talked with John Kaiser, publisher of the Ka…


CDNX bucks the downward trend

Vancouver — Canada’s junior exchange bucked the trend set by the major bourses and posted modest gains during the week ended Jan. 15. The Standard & Poor’s-CDNX composite tacked on 3.79 points, or 0….


CDNX starts 2002 on bullish note

Vancouver — Canada’s junior exchange kicked off 2002 with a holiday rally led by junior explorers. The Standard and Poor’s-Canadian Venture Exchange Composite Index jumped 58.1 points, or 5.9%, and c…


Tyson Birkett, a representative of Soquem, Brooke Clements, Ashton's vice-president of exploration, and Robert Lucas, project manager of Ashton Quebec, stand near drill core samples from the Otish Mountains.

Coronation Bay a hot spot for diamond explorers

Although a decade has passed since diamonds were first discovered in Canada, the potential for further discoveries has not yet diminished, as evidenced by the success of Ashton Mining of Canada (ACA-T…


Coronation pipes return strong counts

A new kimberlite camp is emerging some 50-120 km south of Coronation Bay in the northern Slave Craton region of Nunavut. Discoveries by Ashton Mining of Canada (ACA-T) and Kennecott Canada Exploration…


Kikerk find yields stones

A kimberlite discovery at the Kikerk Lake property in the north Slave Craton region of Nunavut has returned a significant number of microdiamonds.Ashton Mining of Canada (ACA-T) unearthed the Potentil…


Ashton discovers kimberlite south of Coronation Bay

A decision by Northern Empire Minerals (NEM-V) to fund its share of drilling on the Kikerk Lake diamond joint-venture project has paid off with the discovery of a new kimberlite body, dubbed Potentill…


Mergers dominate lacklustre year in US mining

Denver — The year 2000 began on a note of optimism for mining in the U.S. The Washington Agreement, an accord of Europe’s top bullion-holders that aims to regulate and limit sales, promised to revive…


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