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Articles from the November 11, 2012 edition


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  • Mining Explorers 2012: Kivalliq Energy Corp.

    Updated Nov 11, 2012

    KIV: TSX-V Chairman: John Robins CEO: James R. (Jim) Paterson President: Jeff Ward In late September, Kivalliq Energy Corp. completed the field component of an aggressive C$20 million exploration program for 2012 at the 102,319-hectare (252,830 acres) Angilak Property in Nunavut, where Lac Cinquante, Canada's highest grade uranium deposit outside of the Athabasca Basin, is located. Lac Cinquante has an NI 43-101 inferred resource of 27.13 million pounds in 1.78 million metric tons averaging 0.69 percent U3O8 (at 0.2 percent...

  • Mining Explorers 2012: Mountain Province Diamonds Inc.

    Updated Nov 11, 2012

    MPV: TSX Chairman: Jonathan Christopher James Comerford, B.A. (Econ.), M.B.S. (Finance) President and CEO: Patrick C. Evans, B.A., B.Sc. Mountain Province Diamonds Inc. focused in 2012 on exploration and development of its diamond projects in Northwest Territories. The company and De Beers Canada, its 51 percent partner and operator of the Gahcho Kué Joint Venture, reported a 78.5 percent increase in the volume estimate of the Tuzo kimberlite pipe, one of three diamondiferous kimberlites at the Kennady Diamond Project that...

  • Mining News 2012: New Gold Inc.

    Updated Nov 11, 2012

    NGD: TSX/NGD: AMEX Executive Chairman: Randall Oliphant President and CEO: Robert Gallagher Vice President, Exploration: Mark Petersen Mid-tier gold producer New Gold said it achieved commercial production Aug. 1 at the New Afton Mine in southern British Columbia. Over its estimated 12-year mine life, New Afton is expected to produce an average of 85,000 ounces gold, 214,000 ounces silver and 75 million pounds copper annually at total co-product cash costs of about US$525 per ounce of gold and US$1.15 per pound of copper, or...

  • Mining Explorers 2012: Nighthawk Gold Corp.

    Updated Nov 11, 2012

    (formerly Merc International Minerals Inc.) MRK: TSX-V Chairman: John McBride President and CEO: David A. Wiley Chief Geologist: Michael J. Byron, Ph.D. Nighthawk Gold Corp. is focused on exploring its 900-square-kilometer (222,203 acres) Colomac Gold Property, which comprises more than 90 percent of the Indin Lake Greenstone Belt including the Indin Lake Gold Camp located about 200 kilometers (124 miles) north of Yellowknife, Northwest Territories. The property, which includes the former producing Colomac Gold Mine, has an...

  • Mining Explorers 2012: North American Tungsten Corp. Ltd.

    Updated Nov 11, 2012

    NTC: TSX Chairman and CEO: Stephen M. Leahy, Chief Financial Officer: Harold Schwenk Chief Geologist: Finlay Bakker, P. Geo North American Tungsten Corporation Ltd. focused in 2012 on optimizing production at the CanTung Mine, a longtime producer of tungsten concentrates from underground operations located in the Nahanni area of western Northwest Territories. Underground and surface diamond drilling is progressing with the objective of adding to minable resources. Various underground targets have been identified of which the...

  • Mining Explorers 2012: North Country Gold Corp.

    Updated Nov 11, 2012

    NCG:TSX-V President and CEO: John Williamson, P. Geol. Vice President and CFO: Sean Mager, B.Comm. Vice President, Exploration: Peter Kleespies, M.Sc, P.Geol. North Country Gold Corp. focused in 2012 on advancing exploration at its Committee Bay Project, which hosts the Three Bluffs gold deposit in the 300-kilometer- (186 miles) long Committee Bay Greenstone Belt in central Nunavut. North Country has identified five distinct mineral development centers in its 2,147-square-kilometer (829 square miles) land package located 180...

  • Mining Explorers 2012: Northern Freegold Resources Ltd.

    Updated Nov 11, 2012

    NFR: TSX President and CEO: John Burges, B.Sc., P.Geo. Chairman: John Anderson Vice President, Exploration: Paul Reynolds B. Sc., P. Geo. Constrained by the tight financial markets, Northern Freegold Resources Ltd. explored its road-accessible Freegold Mountain gold and copper project located in central Yukon Territory with limited programs in 2012, after delivering an initial NI 43-101 resource estimate in January of 3.7 million ounces gold-equivalent at a 0.5 grams-per-metric-ton cut-off grade for the property's giant Reven...

  • Mining Explorers 2012: Northern Tiger Resources Inc.

    Updated Nov 11, 2012

    NTR: TSX-V President and CEO: Greg Hayes, CA Director: Lori Walton, M.Sc., G.G., P.Geol. Vice President, Exploration: Dennis Ouellette, B.Sc. Northern Tiger Resources Inc. started diamond drilling at least 3,000 meters in mid-July on its 3Ace and Sprogge properties in southeastern Yukon Territory. The 2012 exploration program focused on testing new targets on both properties and attempting to expand the Main Zone (both along strike and down-dip), where 2011 drill highlights included up to 4.6 grams per metric ton gold over 35...

  • Mining Explorers 2012: Northquest Ltd.

    Updated Nov 11, 2012

    NQ: TSX-V CEO: Jon North, Ph.D., P.Geo. Chief Financial Officer: Carmelo Marrelli Vice President, Exploration: Dwayne Car In Nunavut, Northquest Ltd. focused in 2012 on its Pistol Bay Gold Project where it planned to spend about C$2 million on exploration. In July, the company commenced a second phase of exploratory drilling at its 575 square-kilometer (xx square miles) land package of mineral rights covering a 35-kilometer (22 miles) strike length of prospective stratigraphy containing numerous gold occurrences. Northquest...

  • Mining Explorers 2012: NovaGold Resources Inc.

    Updated Nov 11, 2012

    NG: TSX / NG: NYSE-MKT Chairman: Thomas Kaplan President and CEO: Gregory Lang Senior Vice President and COO: Gil Leathley Rick Van Nieuwenhuyse, founder of NovaGold Resources Inc., handed the company's top executive office over to Greg Lang, who assumed the role of president and CEO in early January. This shift in leadership marks the final stages of NovaGold's transition from a premier Alaska and Northwest Canada exploration company to a mine developer focused on advancing its 50 percent interest in the 40-million-ounce...

  • Mining Explorers 2012: Pacific Ridge Exploration Ltd.

    Updated Nov 11, 2012

    PEX: TSX President and CEO: John S. Brock, B.Sc. Vice President, Exploration: Janice Fingler, M.Sc., P.Geo. Chief Financial Officer: Lei Wang, CGA Pacific Ridge Exploration Ltd. directed the majority of its 2012 field work to the Mariposa Gold Project located in the White Gold district of Yukon Territory. A 2012 phrase 1 exploration program, budgeted at C$2.1 million for up to 2,500 meters of drilling commenced in early June and diamond drilling at Mariposa began during the second week of July. The exploration was...

  • Mining Explorers 2012: Peregrine Diamonds Ltd.

    Updated Nov 11, 2012

    PGD: TSX Chairman and CEO: Eric Friedland President: Brooke Clements Chief Geoscientist: Jennifer Pell, B.Sc. (Honors), Ph.D. Peregrine Diamonds Ltd. focused in 2012 on its diamond exploration projects in Nunavut and Northwest Territories, spending more than C$3 million on at least two successful exploration programs. In December, BHP Billiton Canada Inc., Peregrine's joint venture partner in the Chidliak Project located 120 kilometers (74 miles) northeast of Iqaluit, the capital of Nunavut opted to end the partnership and...

  • Mining Explorers 2012: Pretivm Resources Inc.

    Updated Nov 11, 2012

    PVG: TSX President and CEO: Robert A. Quartermain, BSc (Hons), MSc, P.Geo, DSc Chief Exploration Officer: Kenneth C. McNaughton, , M.A. Sc., P.Eng. Chief Geologist: Warwick Board, Ph.D., P.Geo, MAusIMM, Pr.Sci.Nat. Pretium Resources Inc. is a mineral exploration company that is advancing the Brucejack Project, located 65 kilometers (40 miles) north-northwest of Stewart, B.C. and the Snowfield Project, which borders Brucejack to the north, in northern British Columbia. Combined, these projects are among the largest...

  • Mining Explorers 2012: Prophecy Platinum Corp.

    Updated Nov 11, 2012

    PNIKF: OTC Chairman and Interim CEO: John Lee Vice President, Corporate Development: Rob Bruggeman General Manager: Joseph Li Prophecy Platinum Corp. focused in 2012 on its flagship Wellgreen PGM Nickel Project located 320 kilometers (198 miles) from Whitehorse in southwestern Yukon Territory. One of the few mineral deposits in North America with all of the platinum group elements in significant quantities, the Wellgreen property has mineralization known to extend for 17.5 kilometers (nearly 11 miles). In January, Prophecy co...

  • Mining Explorers 2012: Prosperity Goldfields Corp.

    Updated Nov 11, 2012

    PPG: TSX President and CEO: Adrian Fleming Technical Advisor: Quinton Hennigh Corporate Advisor: Darren Devine Prosperity Goldfields Corp. initiated its first drill program on the 590-square-kilometer (228 square miles) Kiyuk Lake Property near Nueltin Lake in central Nunavut in the summer of 2011, testing the Rusty, Cobalt and Gold Point targets. In May Prosperity completed a spring diamond core drill program to follow up the initial drilling and test undrilled targets with encouraging characteristics. The company completed...

  • Mining Explorers 2012: Pure Nickel Inc.

    Updated Nov 11, 2012

    TSX: NIC President and CEO: David McPherson Chairman: R. David Russell Chief Geologist: Jon Findlay Pure Nickel Inc., a junior with a portfolio of nickel and platinum group element projects in Canada and Alaska, is focused on exploring its Man nickel-copper-platinum group element project. Itochu Corp., which joined the project at the end of 2008, can earn a 75 percent interest in Man by spending US$40 million on the Interior Alaska project by the end of 2013 - so far the company has spent US$17 million and earned a 30 percent...

  • Mining Explorers 2012: Rockhaven Resources Ltd.

    Updated Nov 11, 2012

    RK: TSX-V Chief Executive Officer: Matthew A. Turner Chief Operating Officer: Ian J. Talbot Vice-President of Business Development: Marc G. Blythe, P.Eng. Rockhaven Resources Ltd. currently holds interests in 11 mineral exploration properties in Yukon Territory. The junior focused in 2012 on the Klaza property in central Yukon, which hosts seven parallel, 1-75 meters wide, structural zones of gold-silver mineralization with a cumulative mineralized strike length of 6,100 meters. The zones consist of quartz-sulphide veins, bre...

  • Mining Explorers 2012: Romios Gold Resources Inc.

    Updated Nov 11, 2012

    RG: TSX-V/RMIOF:NASDAQ OTC/D4R:FE President and Director: Anastasios (Tom) Drivas Chief Financial Officer: Michael D'Amico, CA Vice President, Exploration and Geologist: Thomas Skimming, P. Eng. Romios Gold Resources Inc. focused its 2012 exploration activities Romios on its gold-copper properties located in northern British Columbia. Following up on extensive 2010 and 2011 programs at its Trek, Newmont Lake and the Dirk properties, Romios undertook a C$1.4 million exploration campaign in June on the Newmont Lake Project...

  • Mining Explorers 2012: Ryan Gold Corp.

    Updated Nov 11, 2012

    RYG: TSX-V Interim Chief Executive Officer: David Schmidt President: Shawn Ryan Acting Chief Geologist: Andy Randell Ryan Gold Corp. is an exploration company focused primarily on prospects in Yukon Territory. A well-funded explorer, the company holds a 4,700-square-kilometer (1,815 square miles) land package comprised of 80 different properties. Ryan Gold's flagship Ida Oro property is located 85 kilometers (53 miles) east of Dawson City in central Yukon. In 2012 the explorer's work program included drilling 6,000 meters on...

  • Mining Explorers 2012: Sabina Gold & Silver Corp.

    Updated Nov 11, 2012

    SBB.V: TSX-V President and CEO: Robert Pease Vice President, Corporate Development: Jason Hynes Vice-President, Exploration: Angus Campbell In 2012 Sabina Gold & Silver Corp. carried out extensive exploration programs on its Back River Gold Project and Wishbone Property in Nunavut focused on continuing to add ounces to resources and advance the Back River project to the development stage. At Back River, the company mainly targeted infill, geotechnical and extension drilling of existing deposits in support of the upcoming Back...

  • Mining Explorers 2012: Seabridge Gold Inc.

    Updated Nov 11, 2012

    SEA: TSX and SA: NYSE Amex Chairman and CEO: Rudi P. Fronk President and COO: Jay S. Layman Senior Vice President, Exploration: William E. Threlkeld Seabridge Gold Inc. is a development stage company focused on the KSM (Kerr-Sulphurets-Mitchell) property in Northwest British Columbia, which is one of the world's largest undeveloped gold/copper projects, and the Courageous Lake property located in the Slave Province of Northwest Territories. "Our business plan from inception has been to grow gold resources and reserves, while...

  • Mining Explorers 2012: Selwyn Resources Ltd.

    Updated Nov 11, 2012

    SWN: TSX-V CEO: Harlan D. Meade, Ph.D. President: Stephen Rea, MBA Vice President, Exploration: Jason Dunning Selwyn Resources Ltd. focused in 2012 on exploration and development of the Selwyn Project in eastern Yukon Territory, which it owns 50-50 with China-based Chihong Canada Mining Ltd. The Selwyn project hosts large tonnages of zinc-lead mineralization that extends across the border into Northwest Territories. The project has the potential for large-scale production. Known zinc and lead mineralization hosted within...

  • Mining Explorers 2012: Silver Range Resources Ltd.

    Updated Nov 11, 2012

    SNG: TSX-V President and CEO: W. Douglas Eaton, B.A., B.Sc. Chairman: Bruce A. Youngman, B.Sc. Chief Operating Officer: Ian J. Talbot, B.Sc., LLB. Silver Range Resources Ltd., a 2011 spin-out from Strategic Metals Ltd., is exploring bulk tonnage targets at the silver-enriched Silver Range Project located 10-40 kilometers (6-25 miles) north of Faro in southern Yukon Territory and gold-rich Mint Project located 26 kilometers (16 miles) south of the Alaska Highway in southwest Yukon. Aggressive follow-up work programs were carri...

  • Mining Explorers 2012: SnipGold Corp.

    Updated Nov 11, 2012

    SK: TSX-V Chief Executive Officer: John Zbeetnoff, P.Geo Chief Operating Officer: James (Jim) Sparling, P.Geo, MBA Vice President, Corporate Development: Susan P. Craig, M.Sc., P.Geo. SnipGold Corp., formerly Skyline Gold Corp., focused in 2012 on exploring its principal asset, the Iskut Property northwestern British Columbia with a seven-hole, 2,000-meter first-phase drill program. As of Aug. 02, 2012, SnipGold had drilled 1,517 meters in six holes, SG12-22 to SG12-27 aimed at testing electro-magnetic conductors located in...

  • Mining Explorers 2012: Strategic Metals Ltd.

    Updated Nov 11, 2012

    SMD: TSX-V President and CEO: W. Douglas Eaton, B.A., B.Sc. Chairman: Bruce A. Youngman, B.Sc. Chief Operating Officer: Ian J. Talbot Over the past 15 years, Strategic Metals Ltd. has assembled an impressive portfolio of some 160 mineral properties and royalty interests in Yukon, British Columbia and western Northwest Territories, including many that are currently under option to other companies. Strategic recently expanded its wholly-owned Midas Touch project to cover over 1,200 square kilometers (463 square miles) of...

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