Drilling opens up Vault
Drilling at the Meadowbank gold project, near Baker Lake, Nunavut, has increased the size of the Vault gold zone.Cumberland Resources (CBD-T) recently sank 19 widely spaced holes into the zone, mainly…
Meadowbank Mine
Broad market takes it on the chin
Weighed down by a sagging industrial products sector, the Toronto Stock Exchange 300 index slipped 164.04 points over the June 6-12 report period. The broad market ended the week at 8,094.78.Gold gain…
Cumberland gets nod for exploration upside
Despite considerable exploration success at two gold projects in Nunavut, Cumberland Resources (CBD-V) is trading at a 5-year low of 80, down even from its 52-week high of $1.55. Graeme Currie, analy…
Cumberland steps up Meadowbank drilling
Crews have been mobilized to the Meadowbank gold project, 70 km north of Baker Lake in Nunavut, as Cumberland Resources (CBD-T) prepares to begin a 4,000-metre drilling program.The $1.3-million progra…
Cumberland gets $1.3m
Cumberland Resources (cbd-t) has closed a private placement for 1.2 million units that will bring in about $1.3 million for work at the Meadowbank gold project in Nunavut.A million of the units are be…
Northern gold explorers focus on adding bulk
Size matters, especially with regard to gold projects in the Far North. As the yellow metal continues to languish below US$275 per oz., gold explorers in this high-cost environment are focusing on add…
Meadowbank resource grows
A new resource estimate has substantially increased the known tonnage of the Meadowbank gold project in Nunavut.Cumberland Resources (CBD-T) reports that the new resource estimate is based on 383 dril…
Deposits augur new era for Nunavut
A trio of deposits in the newly created Canadian territory of Nunavut is inching closer to becoming the cornerstone for a new era of mining in the region, where most of the existing mines are close to…
INVESTMENT COMMENTARY — Cumberland viewed as having ‘rock-solid fundamentals’
The grass is not always greener on the other side of the globe: Junior explorer Cumberland Resources (CBD-T) has been making a name for itself as one of the better Canadian exploration companies, owin…
Boost for Meadowbank
Cumberland Resources (CBD-T) continues to release results from infill drilling completed earlier this year at its Meadowbank gold project, 70 km north of Baker Lake, Nunavut.The latest figures are fro…
Cumberland hits gold at Meadowbank
Infill drilling by Cumberland Resources (CBD-T) at its Meadowbank gold project in Nunavut has returned higher grades than expected.Several holes sunk in the central portion of the Third Portage deposi…
Cumberland drills Nunavut gold — Goose Island deposit deemed amenable to open-pit mining
Drilling by Cumberland Resources (CBD-T) at its wholly owned Meadowbank gold property in Nunavut is expanding one deposit and upgrading another.Situated north of Baker Lake, the project consists of fo…