Nunavut’s Pelly Bay area shows diamond potential
A new kimberlite camp is emerging in the Canadian Arctic as Indicator Minerals (IME-V) has discovered several large, pipe-like kimberlite bodies during a summer drilling campaign on the Darby project…
International Samuel Exploration Corp
Arctic diamond hunt heads east
Vancouver — With most of the best prospects in the Lac de Gras diamond camp already in senior company hands, Canadian diamond exploration companies have shifted their focus to less explored areas con…
High-interest source eludes Churchill JV
Despite discovering 17 new kimberlite bodies during the 2005 spring and summer drilling campaign at the Churchill project in eastern Nunavut, disappointing microdiamond results illustrate the fact tha…
Shear adds to Churchill discoveries
Spurred on by promising pyrope garnet indicator-mineral till chemistry,
Shear, Stornoway add to Churchill discoveries
A second round of drilling on the Churchill diamond project, near Rankin Inlet in Nunavut, has resulted in the discovery of four new kimberlite bodies, bringing the total number of kimberlites found s…
Diagem leads juniors on western exchange
Vancouver — Canada’s junior exchange managed to stay in bull territory over the week ended Sept. 16 despite recent-profit taking, which prompted the largest 1-day drop in nearly two months. But when …
Flow-through funds jump start juniors
Vancouver — Taking advantage of one of the last remaining officially sanctioned tax incentives in Canada, mineral exploration companies listed on the TSX Venture Exchange raised $41.1 million in flow…
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…
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%…