The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Results from a preliminary ground geophysical exploration program on the Black Lake diamond project in the Northwest Territories identified five high priority geophysical targets for drilling, the joint venture operating the project announced June 8. Kalahari Resources Inc. and joint venture partners SouthernEra Resources Ltd. and Island Arc Mining Corp. said the program tested two kimberlitic indicator mineral trains - North Margaret Lake and South One. The program has defined five high-priority geophysical targets with...
International diamond giant De Beers and Canadian junior mining company Tahera Corp. have signed an agreement to jointly explore and develop 36,000 hectares of de Beers' land adjacent to the Jericho diamond project in Nunavut. According to the terms of the agreement, Tahera will spend $11 million by 2008 to earn a 50 percent interest in the property. The agreement has been structured so that each company can act as operator, as the development grows, depending on the size of the project. "There is a natural fit between De...
