Diagem Inc

Neil Novak, chief operating officer and vice-president exploration of Spider Resources, at the McFauld's Lake camp.

VMS shines at McFauld’s Lake

McFauld’s Lake, Ont. — Like many other places in Canada, summer is short at McFauld’s Lake in the James Bay Lowlands of northern Ontario, however setting this area apart is a hot new volcanogenic massive-sulphide (VMS) play.


Vaaldiam personnel sampling the Tumeleiro 3 kimberlite pipe at Pimenta Bueno. A 163-kg sample Rio Tinto collected from the pipe in the mid-1990s graded 17.84 carats per tonne.

Vaaldiam hunts for Brazilian diamonds

A rejuvenated Vaaldiam Resources (VAA-V) has been busy these past eight months carrying out grassroots exploration on its Pimenta Bueno diamond property in Brazil.



Spider, KWG expand McFaulds Lake target

Vancouver — Partners Spider Resources (SPQ-V) and KWG Resources (KWG-V) are encouraged by drill results from the McFaulds #3 base metal deposit in the James Bay Lowlands of Ontario.Hole 20 intersecte…



Diagem leads juniors on western exchange

Vancouver — Canada’s junior exchange managed to stay in bull territory over the week ended Sept. 16 despite recent-profit taking, which prompted the largest 1-day drop in nearly two months. But when …


Prospector George Harkin examines drill core the from Expo-Ungava property in northern Quebec. The drill program was financed in part by issuing 1.05 million flow-through units in February.

Flow-through funds jump start juniors

Vancouver — Taking advantage of one of the last remaining officially sanctioned tax incentives in Canada, mineral exploration companies listed on the TSX Venture Exchange raised $41.1 million in flow…


Junior Exchange continues summer rally

Vancouver — Canada’s junior exchange continued its summer rally over the week ended Sept. 2. The S&P-TSX Venture Exchange composite index jumped 42.76 points, or 3.35%, and closed at 1,318.37.Verena …


Market stats point to summer slump

Canada’s junior exchange lost ground over the week ended April 29 as investors anticipated an annual summertime sell-off. The S&P-TSX Venture Exchange composite index shed 16.62 points, or 1.58% of it…


War jitters weaken junior exchange

Vancouver — Canada’s junior exchange drifted lower during the report period ended April 8, as investors elected to lighten their positions ahead of further geopolitical and economic developments. The…


Junior market follows war trends

Vancouver — Canada’s junior exchange earned back some of last week’s losses as American and British forces moved closer to Baghdad during the week ended April 1. The S&P-TSX Venture Exchange composit…


Investors skittish about junior market

Vancouver — Investors continued their junior-exchange exodus over the week ended March 25. The S&P-TSX Venture Exchange composite index shed 19.80 points, or 1.86%, and closed at 1,042.2.Spider Resou…


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