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Articles from the November 1, 2009 edition


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  • Mining Explorers 2009: Hard Creek Nickel Corp.

    Updated Nov 1, 2009

    HNC: TSX President and CEO: Mark Jarvis Executive Vice President: Neil Froc Manager of Geology: Tony Hitchins Hard Creek Nickel Corp., organized 26 years ago in British Columbia, is developing its core asset, the Turnagain Project, a giant disseminated nickel-sulphide deposit in the Liard Mining Division of northern British Columbia, about 70 kilometers, or 43 miles, east of Dease Lake. The claims are contiguous, and cover more than 33,220 hectares, or 80,060 acres. A 2008 NI 43-101-compliant mineral resource estimate for...

  • Mining Explorers 2009: New junior explores historic copper area

    Shane Lasley, Mining News|Updated Nov 1, 2009

    Finalizing a deal initiated in 2008, Yow Capital Corp., now Caribou Copper Resources Ltd., began exploring the Caribou Dome copper property in Southcentral Alaska, about 160 miles, or 257 kilometers, northeast of Anchorage. In rapid-fire fashion, the new Alaska explorer secured an option to acquire the high-grade copper project, closed a C$1.2 million financing and began mobilizing equipment for a late-season drill program at Caribou Dome that began in September. Deal delayed...

  • Mining Explorers 2009: Hawthorne Gold Corp.

    Updated Nov 1, 2009

    HGC: TSX-V President and CEO: Richard J. Barclay Chairman: Michael Beley Vice President, Mining: Michael Petrina Formed in 2006, Hawthorne Gold Corp. is a gold exploration and development company with three late-state exploration and development properties in British Columbia. Hawthorne's goal is to become a junior gold producer by working toward production at Cassiar Gold Mine in the fourth quarter of 2009 or the first quarter of 2010 and to continue resource development of the nearby Taurus deposit, as well as the Frasergol...

  • Mining Explorers 2009: Alix explores two new gold projects

    Shane Lasley, Mining News|Updated Nov 1, 2009

    Alix Resources Corp. geologists spent the summer investigating the junior's two new gold properties in Alaska and the Yukon Territory. Joining the 2009 gold rush to the White District south of Dawson City, Alix purchased lode quartz mineral claims six kilometers, or nearly 4 miles, east and slightly north of the White Gold Project where Underworld Resources Ltd. made a significant gold discovery in the Golden Saddle zone in 2008. Alix said its 500-plus-hectare, or about 1,205-...

  • Mining Explorers 2009: Imperial Metals Corporation

    Updated Nov 1, 2009

    III: TSX Chairman: Pierre Lebel President and COO: J. Brian Kynoch Vice President, Exploration: Patrick M. McAndless Imperial Metals Corp., organized in 2001, is a Vancouver-based miner focused on discovering, developing and operating base-and precious-metal assets in western North America. Key properties include the Mount Polley open-pit copper-gold mine in central British Columbia, 50 percent interest in the Huckleberry open-pit copper-molybdenum mine in northern British Columbia, the development-stage Red Chris copper-gold...

  • Mining Explorers 2009: Economy dims North star in 2009

    Rose Ragsdale, For Mining News|Updated Nov 1, 2009

    Hampered by a recession-driven drought in capital markets, mineral explorers in the Northwest Territories met the challenges of 2009 with a variety of survival strategies. With significant diamond, precious and base metal projects and prospects at stake, some companies entered a holding pattern in hopes of waiting out the economic storm, while other forged ahead, adjusting to the new cash-strapped environment as the year progressed. Thanks to record commodity prices, the economy of the Northwest Territories has outpaced the...

  • Mining Explorers 2009: Indicator Minerals Inc.

    Updated Nov 1, 2009

    IME: TSX-V President and CEO: Bruce Counts Vice President, Exploration: Dave Kelsch Indicator Minerals Inc. is exploring more than 2.74 million acres of targeted ground in the Canadian arctic and is currently advancing four drill-ready projects in Nunavut - Darby, Borden, Grail and Nanuq North - with potential for discovery. This year, the diamond hunter devoted its exploration dollars to further investigation of the diamondiferous NQN-001 kimberlite discovered in 2008 at its Nanuq North joint venture with Peregrine Diamonds...

  • Mining Explorers 2009: Explorer seeks source of huge nuggets

    Shane Lasley, Mining News|Updated Nov 1, 2009

    Silverado Gold Mines Ltd. is seeking the lode source of the more than 23,000 troy ounces of placer gold it has recovered from the frozen gravels at its Nolan Creek gold mine, located about 175 miles, or 280 kilometers, north of Fairbanks, Alaska. During its placer operations at Nolan Creek, Silverado has recovered several large nuggets, including a 41.53-troy-ounce nugget that the company found below Pringle Bench. Recognizing that much of the gold found during placer...

  • Mining Explorers 2009: Kaminak Gold Corporation

    Updated Nov 1, 2009

    KAM: TSX-V President and CEO: Rob Carpenter Chairman: John Robins Chief Geologist: Craig S. Finnigan Kaminak Gold Corp., formed in 2005 in British Columbia, is a prospect generator recently focused on early-stage mining opportunities in northwestern Canada. Adhering to a philosophy of forming strategic partnerships such as joint ventures, Kaminak is working to advance at least 16 projects in Yukon Territory, Nunavut, British Columbia and other Canadian provinces. The company has an extensive portfolio of discovery-stage...

  • Mining Explorers 2009: Teryl explores next to Fort Knox

    Shane Lasley, Mining News|Updated Nov 1, 2009

    With four gold properties located next door to Kinross Gold Corp.'s Fort Knox gold mine, Teryl Resources Corp. is one of the largest landowners in the Fairbanks Mining District, and a favored joint venture partner for Kinross' Alaska subsidiary, Fairbanks Gold Mining Inc. Since their partnership began at the Gil Project (Kinross 80 percent and Teryl 20 percent), the gold producer and the junior explorer have spent about US$7.5 million outlining some 10.1 million tons of ore...

  • Mining Explorers 2009: Junior scopes massive zinc deposit

    Shane Lasley, Mining News|Updated Nov 1, 2009

    Zazu Metals Corp. is exploring what it believes is one of the largest undeveloped zinc-lead deposits in the world. Lik, the zinc-lead-silver-rich property that the Vancouver B.C.-based junior is lauding, is located about 22 kilometers, or 14 miles, northeast of Red Dog Mine, the world's largest zinc producer. Previous explorers left behind a 1,300-meter airstrip and a historic camp at the 5,500-acre Northwest Alaska property. All of the cores from 26,000 meters of historical d...

  • Mining Explorers 2009: Goldrich hopes to live up to name

    Shane Lasley, Mining News|Updated Nov 1, 2009

    Exploration in 2009 at Goldrich Mining Co.'s Chandalar property in northern Alaska could pay golden dividends. Utilizing a gravity gold recovery plant of its own design and fabrication, the explorer-miner began a 200-cubic-yard-per-hour test mining operation at its 14,993-acre property, located 200 miles north of Fairbanks. "We have constructed a large and unique double drum trommel and triple sluice system wash plant that we believe will have the capacity to process...

  • Mining Explorers 2009: Kivalliq Energy Corp.

    Updated Nov 1, 2009

    KIV: TSX-V President and CEO: John Robins Chairman: Rob Carpenter Vice President, Exploration: Jeff Ward Kivalliq Energy Corp. is a uranium exploration and development company created in early 2008 when Kaminak Gold Corp. spun off its uranium assets. Kivalliq is the first company in Canada to sign a comprehensive agreement with the Inuit of Nunavut to explore for uranium on Inuit-owned lands in Nunavut. This landmark partnership gives Kivalliq the opportunity to explore and develop the historical Lac Cinquante uranium...

  • Mining Explorers 2009: Coeur regains tailings permit

    Shane Lasley, Mining News|Updated Nov 1, 2009

    Hailed as a landmark ruling, the U.S. Supreme Court voted 6-3 to uphold Coeur d'Alene Mines Corp.'s tailings disposal permit at the Kensington gold mine located about 45 miles, or 73 kilometers northwest of Juneau. The June decision came in response to a challenge to a permit issued by the U.S. Army Corps of Engineers that allows Coeur d'Alene Mines' Alaska subsidiary, Coeur Alaska, to dispose of mine tailings into Lower Slate Lake. The Southeast Alaska Conservation Council...

  • Mining Explorers 2009: Prospects pan out at White Gold

    Rose Ragsdale, For Mining News|Updated Nov 1, 2009

    Underworld Resources Inc. hit the ground running in 2009, reporting impressive assay results in the first three holes of its drilling program at its White Gold Project in late May. For two field seasons, the Vancouver, B.C.-based company has explored sediment and vein-hosted gold targets on 845 claims covering 169 square kilometers, or 65.3 square miles, on the White Gold and Black Fox gold Properties in west-central Yukon Territory, 95 kilometers, or about 60 miles, south of Dawson City. So far, the junior has identified...

  • Mining Explorers 2009: Max Resource Corp.

    Updated Nov 1, 2009

    MXR: TSX-V; MXROF: OTCBB; M1D:FSE President: Stuart Rogers Vice President, Exploration: Clarence J. (Clancy) Wendt Max Resource Corp., incorporated in Alberta in 1994, is a mineral exploration company focused on gold, molybdenum and uranium in North America. Max has properties scattered across the West, including gold and molybdenum claims in Alaska and uranium assets in Northwest Territories. The Gold Hill property located about 212 miles, or 342 kilometers, north-northeast of Anchorage, Alaska, encompasses an...

  • Mining Explorers 2009: Mountain Province Diamonds Inc.

    Updated Nov 1, 2009

    MPV: TSX; MDM: AMEX Chairman: Jonathan Christopher James Comerford President and CEO: Patrick Evans Mountain Province Diamonds Inc. is a 23-year-old diamond exploration and development company based in Toronto, Ont. The company's primary asset is its 49 percent interest in Gahcho Kué, one of Canada's largest diamond deposits and the largest diamond mine under development in the world. In January 1995, Mountain Province discovered the 5034 pipe at Gahcho Kué, which is located in Northwest Territories. Two and a half years l...

  • Mining Explorers 2009: North American Tungsten Corporation Ltd.

    Updated Nov 1, 2009

    NTC: TSX-V Chairman and CEO: Stephen M. Leahy Chief Operating Officer: J. Britt Reid Chief Geologist: Finley Bakker North American Tungsten Corp. Ltd., founded in 1979, is engaged in tungsten mining and related activities, which include the acquisition, exploration, development and processing of ores and concentrates. The company, the most significant producer of tungsten concentrates in North America, owns the operating Cantung mine in the Northwest Territories, the Mactung mineral property on the border of the Yukon...

  • Mining Explorers 2009: North Arrow Minerals Inc.

    Updated Nov 1, 2009

    TSXV: NAR Chairman, President and CEO: D. Grenville Thomas Vice President Exploration: Gordon Clarke North Arrow Minerals Inc., organized in February 2007 by Strongbow Exploration Inc., is a northern-focused exploration company with a diversified portfolio of gold, silver, base metal, rare metal and diamond properties. North Arrow's exploration activities are conducted under the direction of a management team that has extensive and successful experience in northern Canada. North Arrow's current focus is its Phoenix property...

  • Mining Explorers 2009: Northern Freegold Resources Ltd.

    Updated Nov 1, 2009

    NFR: TSX CEO and COO: Bill Harris President: Susan P. Craig Vice President, Exploration: Corwin Coe Northern Freegold Resources Ltd., founded in 2006, in the development stage as of March 31, 2009, is a precious metals exploration and development company. It focuses on the development of economic mineral resources at the district-scale Freegold Mountain gold and copper project in the Yukon Territory, and at a gold and silver property in Arizona. The Freegold Mountain Project is located in the Whitehorse Mining District about...

  • Mining Explorers 2009: Northern Tiger Resources Inc.

    Updated Nov 1, 2009

    NTR: TSX-V President and CEO: Greg Hayes Director: Lori Walton Vice President, Exploration: Dennis Ouellette Northern Tiger Resources Inc., formed in April 2008 in Alberta as a spinoff of Firestone Ventures Inc., is an Edmonton, Alberta-based resource exploration company focused on the rapidly developing Dawson Range gold-silver-copper mining district in central Yukon Territory. Through its exploration alliance with Capstone Mining Corp.'s subsidiary, Minto Explorations Ltd., Northern Tiger benefits from a wide range of...

  • Mining Explorers 2009: Peregrine Diamonds Ltd.

    Updated Nov 1, 2009

    PGD: TSX Chairman and CEO: Eric Friedland President: Brooke Clements Vice President, Exploration VP: Peter Holmes Since 2002 Peregrine has focused on diamond exploration in northern Canada, acquiring varying interests in Northwest Territories, Nunavut and Manitoba properties. The junior has reported discoveries of diamond-bearing kimberlites on its 9,800-square-kilometer Chidliak Project located about 120 kilometers, or 77 miles, northeast of Iqaluit on Baffin Island, Nunavut, including 13 kimberlites in 2009, and three...

  • Mining Explorers 2009: Pinnacle Mines Ltd.

    Updated Nov 1, 2009

    PNL: TSX-V President, CEO and Geologist: Dr. Lawrence Dick Chief Financial Officer and Director: Herrick Lau Pinnacle Mines Ltd.'s predecessor company, Broadlands Resources Ltd., was organized in 1995 in British Columbia. The polymetallic exploration company with key projects in Canada and Mexico changed its name to Pinnacle Mines in 2003. With multinational engineers and geologists in top board and executive positions, Pinnacle believes it is well-equipped to identify and maximize new and existing resource opportunities. In...

  • Mining Explorers 2009: Prize Mining Corporation

    Updated Nov 1, 2009

    PRZ: TSX-V President and CEO: James "Jim" Glass Interim chairman and CFO: Feisal Somji Prize Mining Corp., founded in 1996 in Alberta, is dedicated to the exploration, discovery and development of precious metal deposits. Prize currently has two active projects in Canada - the Pine Creek Bedrock Gold Project located in northern British Columbia near Atlin, B.C., and the Muskox PGE Project, comprising the Muskox layered intrusion located 60 kilometers south of Kuguluktuk, Nunavut. The Atlin project is focused on an...

  • Mining Explorers 2009: Romios Gold Resources Inc.

    Updated Nov 1, 2009

    RG:TSX-V/RMIOF:NASDAQ OTC/D4R:FE President and Director: Anastasios (Tom) Drivas Chief Financial Officer: Errol Farr Vice President, Exploration, Geologist and Director: Thomas Skimming Romios Gold Resources Inc., organized in 1995 in Ontario, is a Canadian exploration company focused on the acquisition and exploration of precious-and base metal prospects. The Company's Business Plan is to create shareholder value and reduce exploration risk by acquiring projects with a high discovery potential or a known resource with...

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