Bulk samples show Star’s potential
Initial results from underground bulk sampling on the Star kimberlite in Saskatchewan’s Fort la Corne field indicate the recovery of coarse-size diamonds of up to 3.5 carats.
Kensington Resources Ltd
Drilling resumes at Fort la Corne
The Fort la Corne joint venture will spend $3 million on drilling in Saskatchewan as it tries to learn more about the internal geology and diamond distribution of the kimberlite targets in question….
Review board calls for development of Snap Lake project
The Mackenzie Valley Environmental Impact Review Board has recommended development of the Snap Lake underground diamond project, following a 14-month assessment.Upon approval by the federal minister o…
Gold stocks lose out as bullion price dips
Vancouver — Canada’s junior exchange felt the impact of a plunging bullion price during the week ended June 24. The S&P-TSX Venture Exchange composite index lost 15.39 points, or 1.37% of its value, …
News – 23-JUN-03
Although Saskatchewan kimberlites carry much lower grades than those being mined in the Canadian Arctic, the sheer size of the Fort la Corne kimberlites renders them highly attractive targets.The Fo…
Diamonds glitter on junior market
Vancouver — Canada’s junior exchange experienced a surge in diamond-related issues during the week ended June 17. The S&P-TSX Venture Exchange composite index jumped 17.36 points, or 1.58%, and close…
Exchange follows major bourses upward
Vancouver — Canada’s junior exchange continued its slow but steady climb into bull territory during the report period ended May 27. The S&P-TSX Venture Exchange composite index added 5.4 points, or 0…
De Beers processes Fort la Corne sample
Vancouver — Kensington Resources (KRT-V) reports that Anglo American’s (AAUK-Q) diamond unit, De Beers Canada Exploration, has completed heavy mineral separation on a mini-bulk sample taken last year…
Kensington board all in favour of keeping Stone
The board of Kensington Resources voted unanimously to keep David Stone as its president after the company failed to report insider trading in Kensington stock made by Stone between 1997 and 2000.Ston…
Junior market ends bearish slide
Vancouver — Canada’s junior exchange managed to find a few points while the major bourses rallied over the week ended Oct. 22. The S&P TSX Venture Exchange composite index tacked on 2.33 points, or 0…
De Beers confirms commitment to Canada
Although its roots are in South Africa, De Beers believes the emphasis given to Canadian diamond exploration is fully justified. Last year, Canada accounted for 40% of the US$73 million the company sp…
Investors bail out of junior stocks
Vancouver — A lack of buyers, combined with a wave of sell orders, pushed Canada’s junior exchange to its largest weekly point decline of the year. During the report period ended July 23, the Standar…