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…
Kennecott Exploration Company
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…
Junior busy in Nevada
Having ended a two-and-a-half-year venture arrangement Kennecott Exploration, junior Nevada Pacific Gold (NPG-V) is raising $300,000 to continue exploring for gold in Nevada.The non-brokered private p…
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…
Valerie moves into Manitoba
With diamond exploration heating up in Manitoba, Valerie Gold Resources (VLG-V) has joined the fray and optioned a 165-sq.-km property, 35 km east of Gillam.The junior can earn a 100% interest in the …
Juniors comb Superior Craton for gems
Partners Navigator Exploration (NVR-V) and Canabrava Diamond (CNB-V) have so far drill-tested five geophysical anomalies on the Kat project in the Attawapiskat region of northern Ontario.One of these,…
Kennecott, Montello eye targets in Manitoba
Based on results from regional till sampling and follow-up airborne magnetic geophysics on the Poplar diamond project in Manitoba, Kennecott Canada Exploration and its partner, Montello Resources (MEO…
BHP identifies 22 targets in Lac de Gras area
BHP Diamonds, a division of Australia-based BHP (BHP-N), has identified 22 potential kimberlite targets on the DHK and WI joint-venture claim blocks in the Lac de Gras area of the Northwest Territorie…
Diamond exploration heats up in Manitoba
An area of northeastern Manitoba, between Lake Winnipeg and Hudson Bay, has been quietly garnering the attention of the major diamond explorers, including De Beers Consolidated Mines (DBRSY-Q), BHP (B…