Volume 97 Number 49 Jan 23 - 29, 2012


At Prophecy Platinum's Wellgreen nickel-copper-PGM project in the Yukon, from left: field geologist Rex Camit; senior geologist Danniel Oosterman; and project geologist Rory Calhoun. Photo by Matthew Allan

Prophecy Platinum starts winter drill program at Wellgreen

Fifteen kilometres off the paved Alaska Highway in southwestern Yukon, the Wellgreen nickel-copper-platinum group metal (PGM) project sits largely as it has since 1973, when Hudson-Yukon Mining abandoned underground mining there after one year…


The drill crew preparing a rig at Brixton Metals' Thorn gold project. Photo by Brixton Metals

Brixton cuts mega-intercept at Thorn in BC

Brixton Metals (BBB-V) has pulled a whopper of an intercept from the Thorn project in northwest B.C., hitting 95 metres grading 904 grams per tonne silver equivalent from near surface.



An aerial view of the camp at Canada Zinc Metals' Akie zinc-lead-silver project in northeastern British Columbia. Photo by Canada Zinc Metals

Canada Zinc drills Cardiac Creek

Exploration and diamond drilling at Canada Zinc Metals’ (CZX-V) Cardiac Creek Sedex zinc-lead-silver deposit on its Akie property, 260 km northwest of the town of Mackenzie in northeastern B.C., started in May – and so far the company has…


Huckleberry approves mine expansion

The board of Huckleberry Mines – in which Imperial Metals (III-T) holds a 50% stake, and a consortium of Asian companies (Materials, Marubeni, Dowa Mining and Furukawa) owns the remainder – has approved a plan to extend the life of its…



A drill rig at Quest Rare Minerals' Strange Lake rare earth element project in Quebec. Photo by Quest Rare Minerals

Quest moves higher on drill results

Shares of Quest Rare Minerals (QRM-V, QRM-X) closed 25% higher at $3.23 per share on Jan. 12 after the junior announced that heavy rare earth oxides represented 22.4% to 76.5% of rare earth oxides intersected during the company’s Strange Lake…


The camp at Smash Minerals' Whiskey gold project in the Yukon. Photo by Smash Minerals

Smash Minerals, Prosperity Goldfields to merge

When Adrian Fleming, co-founder of the wildly successful Underworld Resources, listened to a presentation at his Vancouver office in November last year from Prosperity Goldfields’ (PPG-V) chief geologist Quinton Hennigh about a prospect in…


Trevali opens Halfmile mine in NB

Trevali Mining (TV-T) has kicked off the new year by transitioning from a development-stage company to a producer, by starting up the Halfmile polymetallic massive sulphide mine near Bathurst, N.B.


Auracle Resources' Mexican Hat gold project in southeastern Arizona, 115 km east of Tucson. Photo by Auracle Resources

Auracle shares pop 51% before drill results

Shares of new Vancouver-based gold explorer Auracle Resources (AAL-V) spiked 51% last week to 46¢ apiece before the company releasing assay results from a first round of drilling at its Mexican Hat gold property in Arizona.



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