Nanika Resources Inc. (TSX-V:NKA) Further to Nanika's news release on November 18, 2010 announcing drilling, Nanika has announced that a total of 1,000 metres of drilling has been completed in seven holes from four pads at the Indi property approximately 24 kilometres north of the Town of Stewart, BC. Nanika has submitted drill core for assay and expects results soon.
Jayden Resources Inc., (TSX:JDN) announces that results from extension drilling to the north of previous drilling have extended the footprint of gold mineralization at Silver Coin by 160 metres. Mineralization remains open to the north and northwest of the existing resource.
Gammon Gold Inc. (TSX:GAM and NYSE:GRS): Gammon has provided and updated drill results from the Ocampo exploration program.
Callinan Mines (TSX.V-CAA) has provided an update on its ongoing exploration activities. Troitsa Property The company has recently received assays of surface samples and grab samples obtained during the exploration progr...
Calibre Mining Corp. (TSX VENTURE:CXB) has announced encouraging gold exploration results from the 100% owned Bonanza H1 Concession in Nicaragua. A combination of mapping, prospecting, soil sampling and trenching over a 2.5 km x 2.0 km area has delineated several sets of gold-bearing quartz veins extending northeast for 2.5 kilometres from the southern concession boundary.
Animas Resources Ltd. (TSX VENTURE:ANI) reports our gold and multi-element analytical results for a 16 drill-hole exploration program completed at the Golden Arrow gold-silver prospect Nevada. No intervals of substantial gold mineralization were encountered, but several holes encountered anomalous gold and pathfinder element enrichments in strongly-altered volcanic rock that must be interpreted within the larger geological setting:
Andina Minerals Inc. (TSX VENTURE:ADM) today announced the expansion of its 2010-2011 Field Season campaign from 20,000 m to 31,600 m and the commencement of drilling activities. Budgeted drilling now includes a 10,000 m Strategic Exploration Program and 21,600 m's of Development Drilling including condemnation, metallurgical, geotechnical and water testing. The 2010-2011 field campaign began in November 2010 and is scheduled to conclude in May 2011 with the onset of the Andean winter season.
Indochine Mining Limited (ASX:IDC) began trading on the Australian Securities Exchange yesterday. The newly listed company is a large scale gold and copper explorer.
Papua New Guinea (PNG) hopes to build its own gold refinery which would be operated in a joint public and private partnership.
The restructuring of the Beaconsfield gold mine in Tasmania has led to the retrenchment of 85 underground mine workers. The restructuring of the mine is part of the effort to put it back on a profitable footing. Of the miners who have lost their jobs around 40 will be rehired by the contract mining group Webb Contractors.
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