Geodex Minerals Ltd., (the "Company" or "Geodex") is pleased to announce the results of the 2012 exploration program on its Dungarvon tungsten-molybdenum-tin project in New Brunswick, Canada. The program met its objective of refining the drill target areas to test for the source of multiple high grade tungsten boulder trains on the Dungarvon Project.
Eurotin Inc. ("Eurotin" or the "Company"), is pleased to announce that the necessary agreements for the transfer to Eurotin of a 100% interest in the Investigation Permit for the Company's Oropesa tin property in southwestern Spain (the "Oropesa Tin Property") have now been finalized and signed by the parties.
Alphamin Resources Corp. ("Alphamin" or the "Company") has received all results for its Stage 1 drilling programme on its wholly owned Bisie Tin Project (Bisie Project) in east central Democratic Republic of Congo (DRC). A total of 19 holes, including 1 re-drill, were completed for 2,406m. Drilling has confirmed significant tin mineralisation over a minimum of 250m at Gecomines and 500m at Golgotha target areas.
Cadillac Ventures Inc. ("Cadillac" or the "Company") is pleased to announce the resumption of exploration on the Burnt Hill Property in New Brunswick. The Burnt Hill property covers more than 125 square kilometres in central New Brunswick with 43-101 compliant tungsten, tin and moly resources calculated in 2009.
Alphamin Resources Corp. ("Alphamin" or the "Company") is pleased to announce results from three additional holes and one redrill on its wholly owned Bisie Tin Project (Bisie Project) in east central Democratic Republic of Congo (DRC). Drilling continued to identify significant grades and widths of tin mineralisation at Bisie.
Tumi Resources has obtained the results from a primary diamond drilling program conducted at the La Gloria skarn prospect, which contains gold, tin and tungsten. The prospect is situated at approximately 250 km by road towards the eastern part of Sonora.
In Zambia the Chamber of Mines has requested the government to appoint a foreign auditor. They added that an independent international auditor will be able to address the concerns that had been expressed by the general public over the honesty of the voluntary declarations of mining companies.
The decision to sell leases that would allow mining firms to explore for minerals on private land in north eastern Minnesota was delayed.
A new report that was commissioned by the Minerals Council of Australia says that miners will pay close to $23.4 billion in tax to federal and state governments in 2010-11 financial year. Deloitte Access Economics said in the report that the mining industry has paid an average tax of 41.5% from the financial years between 2007-8 to 2009-10.
Venture Minerals has signed a Memorandum of Understanding (MoU) with Grange Resources for magnetite off-take from the Mt Lindsay tin and tungsten deposit in north-west Tasmania. The deal was signed on Monday.