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Articles from the November 3, 2013 edition


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  • Mining Explorers 2013: Canada Zinc Metals Corp.

    Updated Nov 3, 2013

    CZX: TSX-V Chairman, President and CEO: Peeyush Varshney Vice President Exploration: Ken MacDonald Director: Henry Giegerich Canada Zinc Metals Corp. is focused on the Akie and Kechika Regional projects in northeastern British Columbia. The flagship Akie property hosts the Cardiac Creek Sedex zinc-lead-silver deposit. The Kechika regional project, represented by a series of property blocks including Pie and Mt. Alcock, extends northwest from the Akie property for about 140 kilometers (87 miles) covering the highly prospective...

  • Mining Explorers 2013: Canadian Zinc Corp.

    Updated Nov 3, 2013

    CZN: TSX Chairman, President and CEO: John Kearney VICE PRESIDENT, EXPLORATION: Alan Taylor Vice President, Permitting and Environmental Affairs: David Harpley Canadian Zinc Corp. focused in 2013 on the Prairie Creek Mine, an advanced-staged, partially developed zinc-lead-silver property located in the Northwest Territories. Prairie Creek is an underground operation that will utilize multiple mining methods to access readily available ore. The company has the majority of the required infrastructure in place, including a...

  • Mining Explorers 2013: Chieftain Metals Inc.

    Updated Nov 3, 2013

    TSX: CFB Chairman, President and CEO: Victor Wyprysky Chief Operating Officer: Keith Boyle Executive Vice President, Corporate Development: Peter Chodos Chieftain Metals Inc. remains focused on re-opening the Tulsequah Chief Mine, a precious metals-rich volcanic massive sulfide deposit on British Columbia's western border about 65 kilometers (40 miles) northeast of Juneau. The Tulsequah deposit has an indicated resource of 6 million metric tons grading 1.42 percent copper, 6.44 percent zinc, 1.23 percent lead,...

  • Mining Explorers 2013: Colorado Resources Ltd.

    Updated Nov 3, 2013

    CXO: TSX-V President and CEO: Adam Travis Executive Chairman: Larry Nagy Vice President, Exploration: Greg Dawson Chief Geoscientist: Jim Oliver Colorado Resources Ltd. focused in 2013 primarily on exploring its North ROK and 75-percent-optioned Eldorado properties near the Red Chris mine development area about 70 kilometers (43 miles) south of Dease Lake in northwestern British Columbia. North ROK is comprised of 14 mineral tenures covering 5,188 hectares (12,820 acres). The company also owns the Hit and Heart Peaks properti...

  • Mining Explorers 2013: Comstock Metals Ltd.

    Updated Nov 3, 2013

    CSL: TSX-V President and CEO: Rasool Mohammad Vice President, Exploration: Duncan McBean Consultant: Jerry Blackwell, Geologist In 2013, Comstock Metals Ltd. followed up recent gold discoveries at its flagship QV project in the prolific White Gold District of the Yukon Territory. The QV property covers 14,180 hectares (35,000 acres) located about 70 kilometers (45 miles) south of Dawson City. In its 2013 phase 1 drill program on the VG zone at QV, Comstock completed nine core holes totaling 2,188 meters. The drilling...

  • Mining Explorers 2013: Consolidated Woodjam Copper Corp.

    Updated Nov 3, 2013

    WCC: TSX President and CEO: William (Bill) Morton Vice President: Glen Garratt Senior Technical Advisor: Tom Schroeter Gold Fields Horsefly Exploration Corp. and its joint venture partner, Consolidated Woodjam Copper Corp., started a 2013 field program in April at the Woodjam copper-gold project. The companies followed up on 2012 exploration at the 56,500-hectare (139,612 acres) Woodjam North and Woodjam South copper-gold-molybdenum properties located 50 kilometers (31 miles) east of Williams Lake in central British...

  • Mining Explorers 2013: Constantine Metal Resources Ltd.

    Updated Nov 3, 2013

    CEM: TSX.V Chairman: Wayne Livingstone President and CEO: Garfield MacVeigh Vice President, Exploration: Darwin Green After two seasons of focusing its exploration efforts on gold properties in the Yukon Territory and Ontario, Constantine Metal Resources Ltd. returned to Southeast Alaska to expand Glacier Creek, a high-grade volcanogenic massive sulfide deposit at its Palmer project. The renewed focus on its flagship property is largely attributable to US$22 million option and joint venture agreement that Constantine forged...

  • Mining Explorers 2013: Copper Fox Metals Inc.

    Updated Nov 3, 2013

    CUU: TSX-V Chairman, President and CEO: Elmer Stewart Chief Financial Officer: Catherine Henderson Senior Technical Advisor: Tom Schroeter In 2013, Copper Fox Metals culminated more than a decade of successful exploration of its Schaft Creek porphyry copper, gold, molybdenum and silver project in northwestern British Columbia by enticing Teck Resources Ltd. to enter a 75-25 joint venture with the junior and assume operatorship of the project. Schaft Creek is located due east-northeast of Petersburg, Alaska, about 61...

  • Mining Explorers 2013: Dolly Varden Silver Corp.

    Updated Nov 3, 2013

    DV: TSX-V President and CEO: Ron Nichols Chairman: John King Burns Vice President, Exploration: Paul McGuigan Dolly Varden Silver Corp. is developing the historic Dolly Varden Silver Mines property located about 26 kilometers (17 miles) from Alice Arm, B.C., in northwestern British Columbia. In 2012, the junior attracted a C$3.2 million strategic investment from silver producer Hecla Mining Co. in exchange for a 19.9 percent equity interest in the company. During the first half of 2013, the junior defined a comprehensive...

  • Mining Explorers 2013: First Point Minerals Corp.

    Updated Nov 3, 2013

    FPX: TSX President and CEO: James S. Gilbert Vice President Exploration: Ron M. Britten Chief Financial Officer: Martin Turenne First Point Minerals Corp. is focused on exploration and development of properties containing awaruite, a nickel-iron alloy typically containing about 75 percent nickel. It is widely disseminated and represents a bulk tonnage target that would potentially be mineable by open pit methods should a mineral reserve be delineated. First Point holds a 100 percent interest in eight awaruite properties: five...

  • Mining Explorers 2013: Freegold Ventures Ltd.

    Updated Nov 3, 2013

    FVL: TSX President and CEO: Kristina Walcott Vice President, Exploration and Development: Alvin Jackson Freegold Ventures Ltd. focused its 2013 exploration efforts on expanding the 6-million-ounce bulk-tonnage gold deposit at its Golden Summit property located about 20 miles (32 kilometers) northeast of Fairbanks and roughly five miles (nine kilometers) from Kinross Gold Corp.'s Fort Knox Mine. The close proximity to infrastructure and services allows Freegold to conduct both winter and summer drill programs at Golden...

  • Mining Explorers 2013: Gold Reach Resources Ltd.

    Updated Nov 3, 2013

    GRV: TSX-V Chairman: Conrad Swanson President: Shane Ebert Advisor: Alvin Jackson Advisor: Brad Aelicks Gold Reach Resources Sept. 5 reported a new and strategic copper gold molybdenum discovery on its 47,559-hectare (117,518 acres) Ootsa property located adjacent to the Huckleberry copper-gold-molybdenum mine south of Smithers, B.C. Ootsa is an advanced exploration project containing the Seel and Ox porphyry systems, both with NI 43-101-compliant resource estimates open for expansion, and a zone of high grade silver and...

  • Mining Explorers 2013: Goldstrike Resources Ltd.

    Updated Nov 3, 2013

    GSR: TSX-V Chairman, CEO and President: Terrence E. (Terry) King Director: Lawrence (Larry) Dick Chief Geologist: Trevor Bremner After aggressively exploring some 31 properties in Yukon Territory with a C$17 million field program in 2012, Goldstrike Resources Ltd. narrowed its focus in 2013 on five most prospective targets, in particular its newly discovered VG and Goldbank zones along the 25-kilometer (16 miles) largely unexplored Yellow Giant Trend on its flagship Plateau South property along with the Lucky Strike and Summi...

  • Mining Explorers 2013: Graphite One Resources Inc.

    Updated Nov 3, 2013

    GPH: TSX-V Chairman and CEO: Charles Chebry President: Anthony Huston Vice President, Exploration: Dean Besserer Upon closing a C$2.2-million financing in September, Graphite One Resources Inc. mounted a late season drill campaign aimed at expanding the aptly named Graphite Creek project. Situated roughly 40 miles (65 kilometers) north of Nome, Graphite Creek has long been suspected to host between 6 million and 20 million tons of crystalline-flake graphite. This assumption was based on a 100-meter-thick graphite-rich layer...

  • Mining Explorers 2013: International Tower Hill Mines Ltd.

    Updated Nov 3, 2013

    ITH: TSX / THM: NYSE-A Chairman: Daniel Carriere President and CEO: Don Ewigleben Vice President, Alaska: Tom Irwin Alaska General Manager: Karl Hanneman During the first half of 2013, International Tower Hill Mines Ltd. focused on finalizing a feasibility study for its 20-million-ounce Livengood gold project in Interior Alaska. Released in July, this assessment outlines a 100,000-ton-per-day operation averaging 577,600 ounces of gold per annum over a 14-year mine life. The all-in costs to mine an ounce of gold at Livengood w...

  • Mining Explorers 2013: Kaminak Gold Corp.

    Updated Nov 3, 2013

    KAM: TSX-V President and CEO: Eira Thomas Vice President, Exploration: Tim Smith Chief Geologist: Craig S. Finnigan Kaminak Gold Corp., a project generator with a dozen properties in Canada, followed up in 2013 on extensive exploration on its Coffee Gold Project located in the White Gold District of Yukon Territory. In December, Kaminak reported a maiden NI 43-101 inferred mineral resource estimate of 64 million metric tons grading at 1.56 grams per metric ton gold for 3.24 million ounces of gold at a base case cut-off of...

  • Mining Explorers 2013: Kennady Diamonds Inc.

    Updated Nov 3, 2013

    KDI: TSX-V Chairman: Jonathan Christopher James Comerford President and CEO: Patrick C. Evans Kennady Diamonds in 2013 explored its Kennady North diamond project located to the west and north of the Gahcho Kué Joint Venture about 300 kilometers (186 miles) northeast of Yellowknife, Northwest Territories. Kennady North covers an area about 12,292 hectares (30,374 acres). The company, spun out in early 2012 from Mountain Province Diamonds Inc., followed up on 106 geophysical targets that have been identified at Kennady North....

  • Mining Explorers 2013: Kivalliq Energy Corp.

    Updated Nov 3, 2013

    KIV: TSX-V Chairman: John Robins CEO: James R. (Jim) Paterson President: Jeff Ward In 2013, Kivalliq Energy Corp. followed up on aggressive 2012 exploration at its 137,705-hectare (340,268 acres) Angilak Property in Nunavut, which hosts the Lac Cinquante Deposit, Canada's highest grade uranium deposit outside of the Athabasca Basin. The company has explored Angilak for the past six years, and in January, reported a 60 percent increase in a NI 43-101-compliant inferred mineral resource estimate for the Lac 50 Trend uranium dep...

  • Mining Explorers 2013: Metals Creek Resources Corp.

    Updated Nov 3, 2013

    MEK: TSX-V President and CEO: Alexander (Sandy) Stares Vice President, Exploration: Michael MacIsaac Vice President, Corporate Development: Wayne Reid Metals Creek Resources Corp. focused its 2013 exploration the Matson Creek area, proximal to the Matson Creek placer gold camp in the White Gold district of Yukon Territory. The company, which holds interests in many other properties across Canada, entered into an option/joint venture agreement with GTA Resources in which GTA can earn up to a 70 percent interest in the Squid...

  • Mining Explorers 2013: Millrock Resources Inc.

    Updated Nov 3, 2013

    MRO: TSX-V President and CEO: Gregory Beischer Chief Exploration Officer: Philip St. George Chief Operating Officer: Sarah Whicker Millrock Resources Inc., which has become one of the one of the more prolific Alaska exploration companies since adopting the project generator model in 2009, is tightening its belt in 2013. As a project generator, Millrock relies on joint venture partners to do most of the heavy financial lifting on its portfolio of properties in Alaska and Arizona. This model diminishes the company's need to rai...

  • Mining Explorers 2013: Mountain Province Diamonds Inc.

    Updated Nov 3, 2013

    MPV: TSX / AMEX Chairman: Jonathan Comerford President and CEO: Patrick Evans Mountain Province Diamonds Inc. continued to focus in 2013 on exploration and development of the Gahcho Kué Project located about 300 kilometers (186 miles) northeast of Yellowknife, Northwest Territories. The project encompasses four mining leases held in trust by De Beers. The project hosts four primary kimberlite bodies - Hearne, Tuzo, Tesla, and 5034 - three of which have a probable mineral reserve of 31.3 million metric tons grading 1.57...

  • Mining Explorers 2013: Northquest Ltd.

    Updated Nov 3, 2013

    NQ: TSX-V CEO: Jon North Chief Financial Officer: Carmelo Marrelli Vice President, Exploration: Dwayne Car Northquest Ltd. continued to focus in 2013 on the 861-square-kilometer (332 square miles) Pistol Bay Gold Project which covers a 90-kilometer strike length of the Pistol Bay Trend, a west-trending series of surface gold occurrences and gold zones in central Nunavut. The newly recognized trend is parallel to, and 80 kilometers (50 miles) south of, the Meliadine Trend of gold deposits owned by Agnico Eagle Mines Ltd. The j...

  • Mining Explorers 2013: Peregrine Diamonds Ltd.

    Updated Nov 3, 2013

    PGD: TSX Chairman and CEO: Eric Friedland President: Brooke Clements Chief Geoscientist: Jennifer Pell Peregrine Diamonds Ltd. focused in 2013 on its primary diamond exploration project, the Chidliak Project, in southeastern Nunavut. At Chidliak, located 120 kilometers (74 miles) northeast of Nunavut's capital, Iqaluit, Peregrine had an option agreement with DeBeers Canada Inc. whereby De Beers had the exclusive right until Dec. 31, 2013 to enter into an earn-in and joint venture agreement for the project on a 50.1 percent...

  • Mining Explorers 2013: Pretium Resources Inc.

    Updated Nov 3, 2013

    PVG: TSX President and CEO: Robert Quartermain Chief Development Officer: Joseph Ovsenek, Chief Exploration Officer: Kenneth McNaughton Pretium Resources Inc. concentrated in 2013 on advancing its 103,000-hectare (254,513 acres), high-grade Brucejack gold and silver project, located 65 kilometers (40 miles) north-northwest of Stewart, B.C. The junior also owns the Snowfield project which borders Brucejack to the north and is considered a longer term gold opportunity. At Brucejack, Pretium followed up an extensive 2012...

  • Mining Explorers 2013: Prophecy Platinum Corp.

    Updated Nov 3, 2013

    NKL: TSX-V President and CEO: Greg Johnson Senior Vice President and COO: John Sagman Project Manager: Neil Froc During the year ended March 31, 2013, Prophecy Platinum spent C$7.2 million on exploration at the Wellgreen property in southwestern Yukon Territory that was principally focused on drilling and resource determination followed by preliminary economic assessment work programs. The company's 2013 Wellgreen exploration program has been designed to support and maximize the results of a revised PEA and updated mineral...

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