Diamonds discovered in two drill holes near Victor Diamond Mine, Ontario

Metalex Ventures Ltd. report diamondiferous kimberlite intersections from two drill holes on the Metalex – Arctic Star Diamond Corp – Big Red Diamond Corp joint venture on claims optioned from Dumont Nickel Inc.. The claims are located 7 kilometers south of the Victor Diamond Mine. Samples from the eight core holes reported as kimberlite on June 19th, 2009 have now been analyzed for diamonds... 

Tag: victor diamond mine, victor diamond mine ontario, diamond mines ontario, longyear 38, asx chrome miner

Metalex announces drilling progress on large Angolan kimberlite

Metalex Ventures Ltd. report the completion of the fourth core hole and progress on the fifth hole drilled into the large (approximately 24 hectare) kimberlite discovery reported in the news release of April 1, 2009. The fourth hole was drilled at the same site as the vertical hole 3 inclined (-55 degrees) towards the first two core holes located 283 meters distant at a bearing of 158 degrees. Hole... 

Noront and Rosseau Resolve Proxy Contest and Agree on Composition of Noront Board

Noront Resources Ltd. and Rosseau Asset Management Ltd. announce that they have agreed to a jointly determined single slate of directors for election at Noront’s annual and special meeting of shareholders to be held on October 28, 2008 (the “Meeting”). The new Board will have a strong mandate to move the Company forward in the best interests of all shareholders. Pursuant to the terms... 

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Dianor Inc.: Coloured Diamonds, Including a Blue Coloured Stone Continue to Predominate in Final Three Drill Holes From Mori Joint Venture Property in Ontario

Dianor Resources Inc. in conjunction with its joint venture partners Metalex Ventures Limited and Mori Diamonds Inc. inform its shareholders that it has received complete results for the remaining 3 holes of the 16 NQ drill holes drilled on the Mori joint venture properties, located 3 kilometres north east and north west of the Leadbetter Diamond Property in the Wawa area of Ontario. Theses are... 

Drilling Begins at Fire Project, James Bay Lowlands, Ontario

Seafield Resources Ltd. reports that a drill was recently mobilized to the Seafield Fire property, optioned earlier this year from Noront Resources Ltd. and is testing the first of several geophysical anomalies located by the earlier airborne survey. The property is located in the “Ring of Fire”, McFauld’s Lake area, Ontario, some 60 km north of Noront’s Eagle One high grade... 

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Metalex Ventures Ltd. – 106 purple diamonds in Quebec rock samples

Metalex Ventures Limited in conjunction with its joint venture partners Dianor Resources Inc. and Wemindji Exploration Inc. (Wemex) are pleased to announce receipt of final diamond results for one hundred and eleven (111) reconnaissance surface rock samples taken on the Joint Venture’s Ekomiak II; IV; V; VI; and VII properties in the James Bay region of Quebec. Diamonds were recovered from all... 

Tag: mining rock samples, expensive purple rocks, archean conglomerate source kimberlite, purple mine rocks, metalex resources

Dumont commences drilling of Carlin style gold target at Rattler Project, Utah

Dumont Nickel Inc. is pleased to announce that drilling has commenced at its Rattler Project, Utah, to test the Carlin style disseminated sediment hosted gold target (see also press January 29, 2007). This target comprises a series of surface gold anomalies in calcareous siltstone. The current drill program is the first such program to test the area, and will consist of three to five reverse circulation...