Committee Bay Resources Ltd. (CBR.V) and Indicator Minerals Inc. (IME.V) said they acquired more than 58 thousand acres of contiguous mineral claims over an area of the Borden Project, which is believed to host diamond-bearing kimberlite bodies.
The companies said kimberlite indicator minerals were tracked to the newly staked area over the course of four years using proprietary sampling methods developed by Indicator Minerals. A detailed helicopter-borne magnetic survey to identify drill targets has been initiated to bring the project to a drill-ready stage, which will be followed by prospecting and ground geophysical surveys.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.