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Opportunities North

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Corporate News
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These links access press releases in Adobe PDF format

July 2014

July 2, 2014

  • Kivalliq Energy Announces $1.1 Million Financing

    June 2014

    June 25, 2014

  • Peregrine Provides Chidliak Project Update and Encouraging Diamond Results from the CH-46 Kimberlite

    April 2014

    April 30, 2014

  • Avalon Receives Land Use Permit to Start Pre-Construction at the Nechalacho Rare Earth Elements Project

    April 11, 2014

  • TerraX Completes Drilling at Homer Lake and Moves Drill #1 to Barney Shear, Yellowknife City Gold Project; Drilling Continues With Drill #2 at Crestaurum Gold Deposit

    December 2013

    December 12, 2013

  • Avalon's Nechalacho Project Metallurgical Process Optimization Yielding Improved REE Recoveries

    December 3, 2013

  • Mackenzie Valley Land and Water Board Approves Gahcho Ku� Pioneer Land Use Permit

    November 2013

    November 6, 2013

  • TerraX Fall Sampling Identifies New Mineralized Structures at Northbelt; Results Include Values Up to 145 g/t Au, 170 g/t Ag, 11.25% Pb, 6.41% Zn and 0.85% Mo in Grab Samples

    November 4, 2013

  • Sabina Gold & Silver Announces Positive Results From Echo Zone at Back River Project

    October 2013

    October 30, 2013

  • TerraX Options Walsh Lake Property Adjacent to Northbelt Property, Yellowknife, NWT

    October 15, 2013

  • North Arrow Concludes 2013 Exploration Program at Redemption Diamond Project, NWT
  • Kivalliq Acquires Baker Basin Uranium Property in Nunavut

    October 9, 2013

  • Sabina Gold & Silver Announces Positive Preliminary Feasibility Study on Back River Gold Project, Nunavut

    October 7, 2013

  • Rapier Gold Provides Exploration Update on the Pen Gold Project, 37.6 g/t Sample Taken in New Target Area

    October 2, 2013

  • TerraX Assays 62.90 g/t Au Over 5.00 m (Hole 85-150) Less Than 50 M From Surface on the North Extension Shoot at Northbelt Property, Yellowknife Gold Camp

    October 1, 2013

  • Northquest Ltd. announces drilling results from the Pistol Bay Gold Project, Nunavut, Canada

    September 2013

    September 27, 2013

  • TerraX Assays High-Grade Gold from Yellowknife Gold Camp

    September 5, 2013

  • The North West Company Inc. Announces Second Quarter Earnings, a Quarterly Dividend and the Refinancing Terms of Its International and Canadian Loan Facilities

    More press releases on
    archive page

  • Mark Briant Kotchea, left, Mark Plouffe, Harrison Baile, Mitchell Rankin, and Rutendo Shatai inside the MARKco food truck Friday, Plouffe's last day of business in Yellowknife with the truck. This was Plouffe's second summer downtown. - Walter Strong/NNSL photo
    And then there were two
    Popular MARKco food truck closes as owner plans move

    Downtown Yellowknife has lost what had quickly become a popular lunchtime summer fixture. ARROW Continued

    See also:
    News LinkUpgraded resources at Ekati
    News LinkNew undertaking for historic district
    News LinkGNWT lease hikes hit regional carrier
    News LinkGov’t grows, businesses close

    Business Briefs
    Monday, July 28, 2014

    Gahcho Kue IBA signed

    SOMBA K’E/YELLOWKNIFE - De Beers Canada Inc, Mountain Province Diamonds (TSX:MPV) and Lutsel K’e Dene First Nation announced last week that an impact benefit agreement had been reached for the proposed joint venture Gahcho Kue diamond mine.
    “If we work together with the other First Nations, then we will be powerful,” stated Chief Felix Lockhart in a press release. “This agreement ensures that we have our families out on the land, using our land. We are shaping resource development the way we want it, according to First Nations.”
    The agreement is said to provide employment, training, and business opportunities for the Lutsel K’e over the projected life of the mine. The project is located 280 km northeast of Yellowknife, and will employ close to 700 people during two years of construction, and 400 over its productive life.

    Lac de Gras drilling commences

    NWT - North Arrow Minerals (TSX.V:NAR) and Arctic Star Exploration Corp. (TSX.V:ADD) have begun an exploration program at the Redemption diamond project in the Lac de Gras region of the NWT, 47 km west of the Diavik Diamond mine.
    The 1,000-metre program will include up to eight targets and will take place through the middle of August. A follow-up winter drill is expected to test ice-based targets.
    North Arrow recently shifted its focus to its two diamond positions in the NWT and Nunavut.

    NICO final license approval

    WHATI/LAC LA MARTRE - Fortune Minerals Inc. (TSX:FT) last week received formal ministerial approval for its type A water licence. This approval from Minister of Environment and Natural Resources Michael Miltenberger follows on the recommendation of the Wekeezhii Land and Water Board earlier this month.
    The $589 million gold-cobalt-bismuth-copper project includes a $347 million mine near Whati, and the construction of a $242 million metal processing facility in Saskatchewan.

    Inuit organizations get direct access to federal funds

    IKALUKTUTIAK/CAMBRIDGE BAY - The Nunavut Resources Corporation (NRC) has helped negotiate a change to eligibility requirements for access to the federal government’s main infrastructure funding programs. Previously excluded from the funding, Inuit organizations that are signatories to Comprehensive Land Claim Agreements with the Government of Canada will now have access to the $4 billion Building Canada Fund, and the $1.25 billion PPP Canada Fund.
    The Kitikmeot Inuit Association owns the Nunavut Resources Corporation.
    Charlie Evalik, Inuit association president, said in a statement, “We are very pleased that NRC has been able to play a key role in this initiative over the past two years on KIA’s behalf… (I)t is very satisfying when these sorts of results are achieved for the benefit of all Northerners and Inuit, regardless of their territory or province.”

    Northquest aerial surveys Pistol Bay project

    TIKIRARJUAQ/WHALE COVE - Northquest Ltd. (TSX.V:NQ) has begun an airborne magnetometer survey of property contained within its 860-square-kilometre Pistol Bay gold project near Whale Cove.
    The survey will cover almost 7,000 km of survey lines over the west half of the Pistol Bay property, which had not yet been surveyed. Although no reserve estimate is associated with the project yet, it follows a trend parallel to Agnico-Eagle Mines Ltd.’s Meliadine project.
    This follows an approximately 3,500 metre drill program begun earlier this month to explore new targets and confirm results from previous drilling on the property.
    Earlier this June, Russian mining giant Nord Gold N.V. took a 22.3 per cent interest in Northquest for $2.5 million. Nord Gold has nine producing gold mines and several development projects in five countries on three continents, not including its investment in Northquest.

    Nunavut Resources Corp expands holdings

    NUNAVUT - In an alliance with Nunavut Resources Corporation, Transition Metals Corp. (TSX.V:XTM) has added 433 square kilometres of exploration properties to its portfolio. The properties are along the Izok-Grays Bay development corridor. They were acquired through the the execution of a Mineral Exploration Agreement with Nunavut Tunnagavik Inc.

    Market reports

    NNSL photo/graphic

    NWT and Nunavut Mining

    This report highlights what's happening in Nunavut and Northwest Territories Mining industry.

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  • 2013 Trade shows and conferences

    Round Up
    • Where: Vancouver, BC
    • When: Jan 29 - Feb 3, 2013
    Kitikmeot Trade Show
    • Where: Cambridge Bay, NU
    • When: February 11-13, 2013
    Nunavut Mining Symposium
    • Where: Iqaluit, NU
    • When: April 8 - 11, 2013
    Yellowknife Trade Show
    • Where: Yellowknife, NWT
    • When: May 11-12, 2013
    Inuvik Petroleum Show
    • Where: Inuvik, NWT
    • When: June 10-12, 2013
    Business, Home & Leisure Show
    • Where: Hay River, NWT
    • When: September 2013
    Nunavut Tradeshow
    • Where: Iqaluit, NU
    • When: September 2013
    Prospects North
    • Where: Yellowknife, NT
    • When: October, 2013
    NWT Tourism Conference & AGM
    • Where: Yellowknife, NWT
    • When: November, 2013
    Kivalliq Tradeshow
    • Where: Rankin Inlet, NU
    • When: November, 2013
    NWT & NU GeoScience Forum
    • Where: Yellowknife, NWT
    • When: November 19-21, 2013