Beaufield Resources Inc. (TSX VENTURE:BFD) has announced the signing of a 10,000 metre drill contract with Chibougamau Diamond Drilling Ltd. Drilling will focus on definition drilling to better understand the true dimensions of the Tortigny copper-zinc-silver-gold deposit which was previously drilled in the 1990s (by a previous operator). The 100%-owned Beaufield property is located on an all- access road 100 kilometres north of Chibougamau, Quebec.
Arian Silver Corporation (TSX VENTURE:AGQ) (AIM:AGQ) (PLUS:AGQ) (FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, announces that it has appointed Xcap Securities PLC, the Company's UK broker, as Agent in connection with a financing to raise £3,115,000 (before expenses) by way of a brokered placement of 17,305,547 common shares of the Company at 18p per common share.
Golden Predator Corp. (TSX: GPD) has announced final 2010 results from its Clear Creek project, including 3 additional diamond drill holes and 20 additional reverse circulation holes from the Contact, Saddle, Josephine and Bear Paw Zones.
Azimut Exploration Inc. has announced a major copper (gold, silver) discovery on its 100%-owned REX property in Nunavik, Quebec. The mineralization, which occurs over a largely outcropping zone several kilometres long and about 100 metres wide or more, was discovered during an initial exploration program conducted on the property this summer.
Avino Silver and Gold Mines (TSX VENTURE:ASM)(OTCBB:ASGMF)(BERLIN:GV6)(FRANKFURT:GV6) has started its bulk sampling program at the San Gonzalo mine northeast of Durango, Mexico.
Ascot Resources Ltd. (TSX VENTURE:AOT) has announced the results for the first diamond drill hole (MM-10-01) on the Mt. Margaret property in the St. Helens Mining District of Skamania county in Washington State.
LEBOLDUS CAPITAL INC. (TSX VENTURE:LEB) reports that the Phase II exploration program has identified significant gold and silver mineralization on surface and from historic adits from the Santa Rosa East area on its Corongo Au-Ag Property located in the Department of Ancash, Peru.
Valterra Resource Corporation (CNSX:VTA)(FRANKFURT:3VA) reported that intercepts from two of the remaining drill holes on the Toughnut zone continues to expand the occurrences width and lateral dimensions based on the recent 2010 diamond drill exploration program at the Au-Ag-Cu porphyry/shear-hosted "Star Project" located in southeast British Columbia.
Tiex Inc. (TSX-V:TIX) has provided an exploration update on its 100% owned, 109,442-hectare Horsefly property, which is located 150 km east-northeast of Williams Lake, British Columbia. The prospecting program undertaken by the Company identified at least five potential areas of Au/Cu Porphyry targets plus a newly discovered copper showing.
Tumi Resources Limited (TSXV-TM; Pink Sheets - TUMIF; Frankfurt - TUY). Mr. David Henstridge, President and CEO, announces that the Company will drill four of its projects as soon as drill contracts can be arranged. The projects to be drilled will be Mezquite in Mexico and Vitturn, Jonsmossen, and Tomtebo in Sweden.