Spider, KWG size up Kyle 3
Results from a 9-hole drilling program will be used by Spider Resources (SPQ-V) and partner KWG Resources to prepare a resource estimate for the Kyle 3 intrusive body in the James Bay Lowlands area of…
Spider Resources Inc
Snap Lake underground mine takes shape under De Beers
Snap lake, N.W.T. — The Canadian North comprises a vast region of lakes, rivers, Arctic tundra and, more recently, diamonds. With one mine already established and three others scheduled to come on-st…
OGS expands database
The Ontario Geological Survey (OGS) has purchased airborne geophysical data from the private sector and is making the information available to the mining industry.The OGS will use the data to compleme…
De Beers expands Ontario search
De Beers Canada Exploration has signed an exploration agreement with Spider Resources (SPQ-V) and partner KWG Resources on a piece of ground covering 13,000 sq. km in the James Bay Lowlands of norther…
CDNX continues upswing (March 12, 2001)
Vancouver — The mining index took centre stage on Canada’s junior exchange during the report period ended March 6 as it broke through the 6,000 mark. The Canadian Venture Exchange (CDNX) composite in…
CDNX slides into bear territory
Vancouver — Canada’s junior exchange saw losses on all indices except oil and gas during the report period ended Feb. 27. The Canadian Venture Exchange dropped 48.04, or 1.5%, to finish the week at 3…
CDNX continues upswing (February 12, 2001)
Vancouver — Canada’s junior exchange continued its bull run, posting modest gains on all indicies during the report period ended Feb. 6. The Canadian Venture Exchange composite index added 49.66 poin…
Philex results leave CDNX cold
Vancouver — Led by gains in its three main sectors, the composite index of the Canadian Venture Exchange edged up 20.45 points during the report period ended Nov. 7 to close 0.6% higher at 3,275.18. …
Monopros takes bulk sample from Ontario kiberlite field
News that Monopros has commenced a bulk-sampling program on the diamondiferous Victor kimberlite pipe in the James Bay Lowlands of northern Ontario is sparking renewed interest in the region.The March…
DIAMONDS — Spider Resources to test Brazilian diamond concession
A sampling program will be conducted in a historic diamond-producing region of east-central Brazil to determine whether a structure on ground held by Spider Resources (SPA-A) is the primary source.The…
STOCK MARKETS — Western markets end year with a whimper — Canadian juniors show little
signs of life over holiday periodVisions of sugar plums and the trials and tribulations of last-minute shopping appear to have dominated the time and attention of investors over the holiday period.Wes…
St. Genevive to sell interests in affiliates
In order to reimburse three affiliated companies for some $21-million worth of “unauthorized borrowing,” St. Genevive Resources (DHB-Y) says it will sell its interests in at least four affiliates and …