East Meliadine returns poor diamond results
Some of the shine on the Churchill diamond play in eastern Nunavut has tarnished following the release of microdiamond results from the Meliadine East project: they show that nine of the 11 kimberlite…
Shear Diamonds Ltd
Buying trend buoys junior exchange
Vancouver — Canada’s junior exchange rallied near the end of the week ended July 22, with investors buying select diamond and gold-related stocks. The S&P-TSX Venture Exchange composite index gained …
Junior exchange sings summertime blues (July 21, 2003)
Canada’s junior exchange retreated somewhat during the report period ended July 15 as the price of bullion lost some lustre. The S&P-TSX Venture Exchange composite index shed 9.88 points, or 0.88%, to…
More kimberlites found at Churchill
The discovery of two more kimberlites during a first pass of drilling on the Churchill project, north of Rankin Inlet in Nunavut, brings the total number of kimberlite bodies found to date to seven.Sh…
Diamonds drive junior market higher
Vancouver — Canada’s junior exchange inched forward over the holiday-shortened week ended June 30 as investors found a renewed appetite for diamond explorers. The S&P-TSX Venture Exchange composite i…
More kimberlites at Churchill
Drilling by Shear Minerals (SRM-V) and Northern Empire Minerals (NEM-V), designed to test at least 15 geophysical targets, has intersected kimberlite on five of six targets tested so far.The fourth an…
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, …
New diamond plays come into view in northern Canada
The diamond hunt is exploding with new kimberlite discoveries beyond the Slave Craton in Canada’s Far North. Recent discoveries are reported near Rankin Inlet and on the Melville Peninsula in eastern …
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…
New kimberlite camp emerges north of Rankin Inlet
A $3-million investment to acquire a 14% minority stake in the Churchill diamond project in Nunavut is already paying dividends for BHP Billiton (BHP-N). The major reports that two separate kimberlite…
Gold adds lustre to dull market
Vancouver — Canada’s junior exchange edged forward as investors picked up selective junior stocks over the week ended June 10. The S&P-TSX Venture Exchange composite index added 7.98 points, or 0.73%…
Partners find kimberlite near Rankin Inlet
Led by promising indicator mineral chemistry, Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T) have intersected a kimberlite-pipe-like body in the first drill hole of a program designed to t…