Canadian junior Shear Diamonds Ltd. (TSX VENTURE:SRM) announced today it’s begun processing diamonds from the stockpiles at its Jericho diamond mine in Nunavut, Canada.
China's push to diversify its supplies away from the big three iron ore miners is propelling development that will transform Canada's Nunavut/Labrador Trough into a world-class iron ore region.
Prosperity Goldfields Corp. ("Prosperity") (TSX VENTURE:PPG) andSmash Minerals Corp. ("Smash") (TSX VENTURE:SSH) provide an update on their amalgamation and the core drilling program at Prosperity's Kiyuk Lake gold property, Nunavut.
Areva's Kiggavik mine in Nunavut, northern Canada, could be open as early as 2017, CBC News is reporting.
Vale — the second largest nickel producer in the world — plans to begin looking for nickel this year on the Melville Peninsula near Repulse Bay, Nunavut.
Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that further to our press release dated December 22, 2011, the final approval for an eight year Type A water license has been received from the Minister of Aboriginal Affairs and Northern Development for the Jericho Diamond Mine.
TORONTO, ONTARIO–(Marketwire – Feb. 16, 2012) – Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that further to our press release dated December 22, 2011, the final approval for an eight year Type A water license has been rec…
The Haig Inlet Iron Ore Project contains 230 million tonnes of iron ore at 35.17% iron, a new resource estimate shows.
Peregrine Diamonds Ltd. ("Peregrine" or "the Company") (TSX:PGD) is pleased to report that it has completed the purchase of BHP Billiton's 51 percent participating interest in the 8,580 square kilometre Chidliak diamond project ("Chidliak" or "the Project"), Baffin Island, Nunavut, Canada that was announced on December 20, 2011.
Elgin Mining Inc. (TSX VENTURE:ELG) ("Elgin Mining") and Gold-Ore Resources Ltd. (TSX:GOZ) ("Gold-Ore") are pleased to announce the execution of an arrangement agreement to complete a business combination (the "Transaction"), whereby Elgin Mining will acquire all of the issued shares of Gold-Ore by way of a plan of arrangement.
John Zigarlick Jr., who spearheaded construction of a pioneering winter mining road in the North, died Dec. 16 in Edmonton. He was 74.
Shear Diamonds hopes to dig through stockpiled ore at Jericho site Nunavut's first diamond mine might soon be back in business for the first time since it closed.
Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that the Nunavut Water Board ("NWB") issued a positive decision on the water license application for the Jericho Diamond Mine.
TORONTO, ONTARIO–(Marketwire – Dec. 22, 2011) – Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that the Nunavut Water Board ("NWB") issued a positive decision on the water license application for the Jericho Diamond Mine. Th…
Kaminak Gold Corporation is pleased to announce that it has closed the previously announced bought deal private placement financing. The Company has issued 1,786,000 Class A common shares at a price of C$2.80 per Common Share and 2,985,000 Class A common shares which qualify as "flow-through" shares for purposes of the Income Tax Act (Canada) at a price of C$3.35 per Flow-Through Share for aggregate gross proceeds of C$15,000,550.
Shear Diamonds Ltd. (TSX VENTURE:SRM) today announces the recovery of the first 200 carats of diamonds from trial tests performed in the recently restarted recovery portion of Shear’s 100% owned Jericho Diamond Mine, Nunavut. In addition Shear has completed a new geological interpretation and 3- D Model for the Jericho Kimberlite Complex.
EBR reports that Xstrata Zinc has purchased two zinc properties in Nunavut:
Xstrata Zinc has completed its acquisition of the Hackett River and Wishbone exploration properties, located in the Western Kitikmeot region of Nunavut, Canada, from Sabina Gold and Silver Corp for C$50m.
TORONTO, ONTARIO–(Marketwire – Sept. 7, 2011) – Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to announce that work continues in support of the Roche Bay Feasibility Study ("FS"). In addition to this summer's resource and geotechnical drill programs the Company has initiated a number of metallurgical studies looking to optimize concentrate process and quality while reducing the associated operating and capital cost. To date there have been five independent metallurgical studies undertaken (two in Canada, two in Germany and one in China) which support the previously reported results that a high quality concentrate can be produced. The Company does expect to provide a further update on the C- Zone resource as part of this ongoing work with the intention of expanding the FS resource base.
TORONTO, ONTARIO–(Marketwire – Aug. 30, 2011) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to announce further drill results from its Tuktu Iron Ore Project located in Nunavut, Canada. Drill-hole 11TT011 intercepted 8 metres of high quality banded iron formation (BIF) grading 50.27% Fe within a broader 165.25 metre interval of BIF grading 33.61% Fe (see table below). The same broad interval also included 14 metres of 46.34% iron.
Stephen Harper is using the backdrop of peaking gold prices amid international economic turmoil to sell his vision of economic development in Canada's Far North.
Canadian Orebodies Inc. (TSX VENTURE:CO) ("Orebodies") has started drilling on its Haig Inlet Iron Ore Project, located on the Belcher Islands, Nunavut, Canada.
Winter diamond mining in Canada (illustrative) Shear Diamonds Ltd. has announced the acquisition of 34 newly staked claims totaling 77,250 acres contiguous with the Carat Property surrounding the Jericho Diamond Mine.
Shear Diamonds Ltd. (TSX VENTURE:SRM) today announced the acquisition of 34 newly staked claims totaling 77,250 acres contiguous with the Carat Property surrounding the Jericho Diamond Mine. This new land package provides Shear with blanket mineral rights covering existing and newly interpreted priority indicator dispersion trains. Shear's ongoing review of historical datasets has confirmed compelling evidence of undiscovered kimberlites in certain areas outside the immediate mine area with recommended ground follow up.
The Guardian reports the billionaire chief of ArcelorMittal Lakshmi Mittal is planning a giant new opencast mine 300 miles inside the Arctic Circle in a bid to extract a potential $23bn worth of iron ore.
The mega-mine – which includes a 150km railway line and two new ports – is believed to be the largest mineral extraction project in the Arctic and highlights the huge commercial potential of the far north as global warming makes industrial development in the region easier.
Uranium North Resource Corp. reports that planning for the 2011 exploration and drilling programs are underway on the company's Nowyak, F13 and Robin projects in Nunavut. Plans for the Nowyak program include prospecting and geophysical surveying followed by an August drill program. Plans for the F13 and Robin projects include detailed prospecting and geophysics to delineate targets for future drilling.
North Country Gold Corp. announced initial results from the Antler target at the Three Bluffs Gold Project in the Committee Bay Greenstone Belt, northeast of Baker Lake, Nunavut, Canada. These preliminary results are part of the $25 million exploration program targeting at least 30,000 metres of drilling in 2011.
Peregrine Diamonds reported the discovery by drilling of three new kimberlites, CH-56, CH-57 and CH-58, on the Chidliak project ("Chidliak" or "the Project").
Chidliak is located on southern Baffin Island approximately 100 kilometres northeast of Iqaluit, the capital of Nunavut, Canada.
Diamonds North Resources acquired 100% interest in the Esker gold property in Nunavut. The Esker claim covers several kilometres of gold bearing stratigraphy. Drill intercepts of gold mineralization are as high as 8.2 g/T gold over 13 metres, including 17.7 g/T gold over 5.7 metres; and, 2.4 g/T gold over 71 metres which includes several high grade zones (see table below). For a video presentation on this project visit our website www.diamondsnorth.com.
"This low cost staking puts us into a project with wide zones of high grade gold mineralization and significant tonnage potential. As only a small portion of the zone has been tested, our objective is to drill along strike of the known mineralization along the host gabbro units to expand the gold-bearing mineralized zone," says Mark Kolebaba President and CEO of Diamonds North.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.