Kennecott Exploration Company

Rockinghorse yields large number of stones

Additional microdiamond results from the newly discovered Anuri pipe on Tahera’s (TAH-T) Rockinghorse property in Nunavut indicate that the kimberlite body is significantly diamondiferous.Six hundred …


Western market loses ground

Vancouver — Canada’s junior exchange posted losses on all indices during the report period ended Aug. 14. The Canadian Venture Exchange composite index lost 17.65 points, or 0.6%, to close at 3,080.6…


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…


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…


Junior market weaker, but some bright spots

The Canadian Venture Exchange composite index slipped 38.3 points, or 1.2%, to finish the report period ended July 17 at 3,105.28 points. The mining index was off 81.93 points, or 1.1%, at 7,373.91.Wi…


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…


Placer squeezes more gold out of Pipeline

Denver — The start of mining at the South Pipeline deposit and an ore-sales agreement with the Jerritt Canyon operation are expected to contribute to a 17% increase in gold output at the Pipeline com…


Newmont resumes search at Limousine Butte

In preparation for a third round of drilling on the Limousine Butte gold property in east-central Nevada, a field crew from Newmont Mining (NEM-N) has begun soil sampling and ground geophysics prior t…


Junior explores for Pipeline’s roots

Denver — Toronto geologist John Gardiner believes he holds the key to a major reinterpretation of the geology of Crescent Valley in central Nevada — a revision that could not only resolve long-stand…


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