Ashton tests northern projects
It continues to be business as usual for Ashton Mining of Canada (ACA-T), while Rio Tinto (RTP-N) shops around a 65.9% stake in the diamond explorer.Rio acquired the controlling block in late 2000 thr…
Rio Tinto Exploration Canada Inc
Mining index leads rally for CDNX
Trading on Canada’s junior exchange perked up during the holiday-shortened week. The Canadian Venture Exchange composite index closed the period ended Aug. 7 at 3098.27, up 35.26 points (or 1.1%). The…
Rockinghorse returns micros
A kimberlite discovery by Kennecott Canada Exploration on Tahera’s (TAH-T) Rockinghorse property in Nunavut has yielded a significant number of stones.An aggregate 276-kg sample of core from the disco…
Vannessa bucks downward trend
Gripped by the summer doldrums, the Canadian Venture Exchange composite index dropped 31.58 points, or 1%, to finish the report period ended July 24 at 3,073.7. The mining index remained relatively un…
New kimberlite found on Rockinghorse
Drilling by Kennecott Canada Exploration on Tahera’s (TAH-T) Rockinghorse property in Nunavut has uncovered a new kimberlite body.The so-called Anuri kimberlite was discovered near the head of the pro…
Wawa area yields more stones
Diamond exploration in the Wawa area of Ontario has turned up the largest stone yet recovered from one project, while leading to several new discoveries at another.At the GQ property, Band-Ore Resourc…
Targets defined at Mackay Lake
Ground geophysical surveys are being conducted over two prominent circular anomalies on the Mackay Lake property, south of the Lac de Gras area in the Northwest Territories.A 75% interest in the prope…
Ashton Canada put on block
Rio Tinto (RTP-N) is selling its 65.9% stake in Ashton Mining of Canada (ACA-T).The London-based major acquired the controlling block in the Canadian diamond explorer through the US$418-million takeov…
Kennecott expands Rocky Island JV
Results from regional and follow-up till sampling on the Rocky Island Lake joint venture in north-central Ontario have prompted Kennecott Canada Exploration to stake more than 400 sq. km of additional…
Tahera finds new kimberlite at Jericho
Exploration drilling by Tahera (TAH-T) has uncovered a new kimberlite body at its wholly owned Jericho project in Nunavut, 430 km northeast of Yellowknife.The kimberlite lies under a small lake, 6 km …
GQ find yields high micro count for Band-Ore
A new discovery area on Band-Ore Resources’ (BAN-T) GQ property, 20 km west of Wawa, Ont., has returned high microdiamond counts from boulders consisting of diatreme breccia.Four new samples, each wei…
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…