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Papuan Precious Metals Reports Airborne Survey Results from Mt. Suckling Project

Papuan Precious Metals (PPM) has received the airborne radiometric and magnetic geophysical survey results from the Mt Suckling project.

2 Jul 2011

Eldorado Gold Establishes Efemcukuru Gold Mine in Turkey

Eldorado Gold is establishing the Efemcukuru gold mine in Turkey. The company has the required permits to allow complete mining and processing functions and is presently feeding low-grade ore to the mill.

From Eldorado Gold Corporation 2 Jul 2011

Estrella Gold Begins Drilling at Colpayoc Gold Project

Estrella Gold has commenced drilling program at its Colpayoc gold project in June. The location of the Colpayoc project is 12 km southwest of the Yanacocha gold mine complex in Peru.

2 Jul 2011

Proposed Mining Tax Not Good for Australia: New Report

In another setback to the mining tax proposed by the federal government a senate inquiry found that it would affect Australia’s competitiveness and should be cancelled. The Western Australia Liberal senator and committee’s chairman Mathias Cormann summarized the findings on the minerals resource rent tax (MRRT) in Perth.

30 Jun 2011

Mill City Gold Begins Exploration Program at Mount Hinton Property

Mill City Gold has begun exploration at the Mount Hinton property.

30 Jun 2011

ASHBURTON Ventures Completes 1,765 m of Drilling at Deep Creek Project

ASHBURTON Ventures has announced that exploration of the property at its Deep Creek Project situated 112 km north side of Elko, Nevada continues extensively and 1,765 m of drilling in the Upper Vein area is completed.

30 Jun 2011

Torch River Starts Drilling at Fort-Elden Property in British Columbia

Torch River Resources has formed a camp and is starting its program intended for up to 1,700 m of drilling and 7 holes at its 1,836.2-ha Fort-Elden property situated 100 km west of Fort St James, British Columbia.

30 Jun 2011

Magellan Minerals Discovers New Mineralized Zone at Coringa Project

Magellan Minerals has announced the addition of a third diamond drill rig to the Coringa project in Brazil and has identified Filao da Porteira, a new mineralized zone, which is situated around 5 km south-east of the Meio zone.

30 Jun 2011

Endeavour Silver Continues to Intersect Gold-Silver Mineralization at Guanajuato Mines Project

Endeavour Silver has proclaimed the exploration drilling at the Lucero South region in the company’s Guanajuato Mines project in Mexico that continues to intersect high-grade gold-silver mineralization at the Daniela, Karina and Fernanda veins that was identified recently.

30 Jun 2011

Almaden Minerals Reports Additional Results from Caballo Blanco Project

Almaden Minerals has reported that the further diamond drill holes, which were drilled by the Goldgroup Mining at the Caballo Blanco gold project in Mexico, have returned significant intercepts of gold that widens the La Paila oxide gold zone to the southwest and southeast.

30 Jun 2011