DIAMONDS — Pinewood examines Afridi
Hoping to imitate its neighbor’s success, Pinewood Resources (PNW-V) is carrying out an airborne electromagnetic and magnetic survey at its Afridi Lake diamond project, 320 km northeast of Yellowknife…
Kennecott Exploration Company
Kinross bids to acquire La Teko
La Teko Resources (LAO-T) and Kinross Gold (K-T) have entered into a proposed merger whereby shareholders of La Teko will receive one Kinross share for every 2.65 shares held.The offer represents a 54…
Possible kimberlite in northern Alberta
Kennecott Canada Exploration has encountered a rock unit that it believes may be kimberlite while drill-testing the Phoenix geophysical target at the Legend property in northeastern Alberta.An ultrama…
Companies (October 12, 1998)
Aber ResourcesAdmiral Bay ResourcesAlberta EnergyAnglo AmericanAscot ResourcesAshton Mining of CanadaAtapa MineralsAtna ResourcesBattle Mountain GoldBlack Hawk MiningBolidenBolivar GoldfieldsBreak…
Golden Phoenix starts program
In an attempt to increase resources, Golden Phoenix Minerals (GPXM-O) has begun a 20-hole drill program at its High Grade gold project in northeastern California.The property contains a volcanic-hoste…
DIAMOND PAGE — Intertech, Kennecott form JV in NWT
Kennecott Canada Exploration has entered an agreement with Intertech Minerals (IML-V) to earn a 60% interest in the Afridi Lake diamond property, 320 km northeast of Yellowknife, N.W.T.Previous work o…
DIAMOND PAGE — Montello, Redwood option ground to Kennecott
After reviewing several airborne geophysical targets, Kennecott Canada Exploration has entered into an option agreement with Montello Resources (MEO-A) and partner Redwood Resources (RDW-A) to earn a …
NEWS ROUNDUP — JNR sizes up Black Lake
Two spectrometers are being used to assess drill results from the Black Lake-Newnham Lake uranium project in Saskatchewan’s Athabasca basin.The project, part of a joint venture between JNR Resources (…
NEVADA AND THE WESTERN STATES — Nevada Pacific finances hunt for Nevada gold
Proceeds from a recently completed private placement will enable Nevada Pacific Gold to fund exploration at its Woodruff Creek and Limousine Butte projects in Nevada.The private firm raised $1.5 milli…
MINING IN CANADA Companies persevere in BC despite downtrend by thomas schuster
The state of British Columbia’s mineral exploration industry has yet to show signs of recovery.According to the British Columbia Geological Survey, exploration expenditures in the province declined by…
MINING IN CANADA — Athabasca uranium play heats up as Kennecott teams with JNR — Geophysical programs planned for eight unconformity targets in northern Saskatchewan
Now that Kennecott Canada Exploration has joined the exploration play in northern Saskatchewan, investors are showing renewed interest in the properties held there by JNR Resources (JNN-V).In February…
MINING IN CANADA — Kennecott cuts kimberlite at WO claim block in NWT
Kennecott is benefitting from its drilling efforts in the Lac de Gras region of the Northwest Territories.A program focused on the WO block has intersected an 82-metre-thick interval of volcaniclastic…