Ashton adds to Renard value
Discovered this past April, the Renard 9 kimberlitic body in north-central Quebec has yielded a strong microdiamond count.Renard 9 is one of eight kimberlitic bodies discovered by the Ashton Mining of…
SOQUEM Inc
Soquem drops Clearwater back-in (August 11, 2003)
Quebec government-owned Soquem has waived its back-in right to regain a 25% stake in the Clearwater gold project, in the province’s northwestern region.Last March, Soquem granted an option on half of …
McWatters raises more cash (May 26, 2003)
The underwriters of a public equity offering have exercised an over-allotment option, netting McWatters Mining (MWA-T) another $639,200 in proceeds.In early April, McWatters issued 136.2 million treas…
Eastmain pumps Clearwater resource (May 12, 2003)
Based on 18 holes (10,000 metres) drilled in the second half of 2002, Eastmain Resources (ER-T) has boosted the resource estimate for its 50%-owned Eau Claire gold project in the James Bay region of Q…
McWatters acquires East Malartic mill
Two transactions, one with Quebec government-owned Soquem and another with Barrick Gold (ABX-T), will give McWatters Mining (MWA-T) a major position in the Val d’Or region of northwestern Quebe…
Diamonds among best bets for ’03
The Northern Miner asked several followers of the junior mining sector for their recommendations and predictions for 2003. Last week we heard from John Kaiser and Donald Poirier. This week, James Must…
Partners confirm Renard 2 potential
The latest, 2.5-tonne sample from the Renard 2 pipe on the Foxtrot property in the Otish Mountains region of Quebec has yielded 1.62 carats of diamonds greater than 0.85 mm in diameter.According to eq…
Renard 7, 8 prove diamondiferous
The two most recent Renard kimberlite finds in the Otish Mountains region of north-central Quebec are diamond-bearing.Joint-venture partners Ashton Mining of Canada (ACA-T) and Soquem have confirmed t…
Eastmain sees deep zones at Clearwater
Initial results from an 18-hole drill program at the Clearwater project in the James Bay region of Quebec have traced shallow gold mineralization to a vertical depth of 500 metres, a result that has t…
McWatters to restart Sigma-Lamaque mill
Having suspended operations at its Kiena underground mine in Val d’Or, Que., McWatters Mining (MWA-T) is looking to regain its gold-producing status by reopening the nearby and newly expanded Sigma-La…
Ashton, Soquem find eighth kimberlite
Ashton Mining of Canada (ACA-T) and Soquem have wrapped-up a summer field season in the Otish Mountains region of north-central Quebec with the discovery of an eighth kimberlitic body.Renard 8 was fou…
Slave battle heads to courts
A dispute between joint-venture partners Ashton Mining of Canada (ACA-T) and Pure Gold Minerals (PUG-T) over the Slave Regional project is headed for the courts.Ashton filed a statement of defence and…