Drilling heats up at LDG
De Beers Canada Exploration has begun drill-testing at least three targets on the LDG (formerly Thor) diamond property in the Northwest Territories.The project covers 500 sq. km near Lac de Gras, abou…
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Band-Ore zeros in on Area E
Band-Ore Resources (BAN-T) has discovered the source of diamondiferous boulders in Area E at its GQ property, near Wawa, Ont.A coarse-grained, xenolith-rich diatreme breccia was discovered within 5 me…
Diamondex uncovers kimberlite at King
Diamondex Resources (DSP-V) is adding a third rig to its wholly owned King property in the Northwest Territories, where a $2.7-million program is testing a possible downdip extension of the Snap Lake …
Copper, nickel gain despite slowdown
Metals prices are proving to be resilient in the face of slowing economic growth and a barrage of discouraging economic indicators. In the race for stability and strength between the U.S. dollar and t…
Round three under way at Marlin
Vancouver — Armed with new trench results, junior Francisco Gold (FGX-V) has launched a third round of drilling ov…
West zone expanded
Vancouver — The first hole of this year’s drill program by Starfield Resources (SRU-V) has expanded the West zone…
Ashton Canada put on the block
Vancouver — Having acquired the Australian diamond assets of Ashton Mining, diversified mining giant Rio Tinto (RT…
Golden Peaks tables V-1 results
Vancouver — A five-hole drill program, targeting the Vallecito vein on the Sierra de las Minas gold project in nor…
Convertible notes continue to dog TVX
TVX Gold (TVX-T) earned US$3.7 million in the first three months of 2001, but adjustments to the company’s gold-lin…
Red Lake powers Goldcorp
With better-than-expected production from the Red Lake mine in northwestern Ontario, Goldcorp (G-T) has posted firs…
IMS to work Brazilian Resources’ Sabara project
Brazilian Resources (YBZ-V) and IMS Empreendimentos have agreed to enter a joint venture to develop small and mediu…
Trading Summary (May 11, 2001)
The Toronto Stock Exchange fell 97.78 points to close at 8,023.7 points on Friday. Investors sent the TSE down in l…