Diamondex budgets $3-4m for exploration in ’02
Having discovered and developed the Snap Lake diamond project, which De Beers purchased in 2000 for about $480 million, the technical team of Diamondex Resources (DSP-V) is continuing to explore for k…
Canterra Minerals Corporation
Diamond hunt ignites Nunavut
The year 2001 presented some ups and downs for Nunavut’s mining industry, the most prominent being mine-closure announcements and a possible diamond rush.Last year, the Lupin gold mine, in the Northwe…
Low macro results won’t dissuade Ashton
A small surface sample of kimberlite float and outcrop collected by Ashton Mining of Canada (ACA-T) from the promising Artemisia kimberlite pipe discovered last fall on the Kim property in Nunavut has…
Diamondex explores Slave
Diamondex Resources (DSP-V) has put aside $1.2 million to explore the newly acquired Peregrine property in the north Slave Craton of Nunavut.Diamondex was among the first of about 30 companies to acqu…
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…
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…
December a time for bargains: Boulder Investment
Year-end tax-loss selling may be less of an issue in 2001 than in previous years, but Boulder Investment Partners analyst Dorothy Atkinson still considers December a great month to buy shares in Canad…
King property yields micros
Vancouver — Randy Turner-led Diamondex (DSP-V) has tabled positive microdiamond results from its King property, adjacent to De Beers’ Snap Lake diamond deposit.The King property consists of 44 minera…
Diamondex gains ground
Randy Turner’s Diamondex Resources (DSP-V) has struck an agreement to acquire a 70% interest in the Peregrine property in Nunavut.Situated in the emerging Coronation Bay kimberlite camp, 520 km north …
Wake-up call for investors in BC exploration
Vancouver — A couple of years ago, an eastern commentator said B.C. stands for “basket case” and that the province’s exploration industry is in a coma. But if any industry is likely to survive tough …
Diamondex tests Carat kimberlite
Kimberlite samples from drilling by Diamondex Resources (DSP-V) on the Carat property in the Northwest Territories have been submitted to Lakefield Research for microdiamond analysis.The samples were …
King drilling advances in Far North
Vancouver — Diamondex Resources (DSP-V) is stepping up the pace of exploration at its wholly owned King property in the Northwest Territories.The junior is drilling holes 4 and 5 as part of a $2.7-mi…