The drilling program at the Twin Bonanza Gold Camp Project owned by ABM Resources is proceeding very well. The results from the Buccaneer Porphyry Gold Deposit have shown significant gold intersection of 0.52 grams per tonne over 427 meters.
Brookemont Capital (BKT) has announced about the site visit of its field manager at the recently explored 4.5 km arsenic soil sampling geochem anomaly, located at the Tanzanian property contagious to the north of Magambazi Prospecting License of Canaco.
Rare Earth Metals has received a preliminary mineralogy report compiled by Dr Anthony Mariano and Anthony Mariano Jr, which details the Rare Earth Element (REE) mineralogy in the core recently drilled from SL-11-03 hole, the Lavergne-Springer Project.
An international oil and gas exploration company, Kulczyk Oil Ventures has announced that the North Eastern Ukraine- based O-14 exploratory well located in Olgovskoye Field has been cased after having encountered 8 potential gas bearing reservoirs.
Indian nuclear aspirations got a boost when the upcoming uranium mine in the state of Andhra Pradesh was found to have three times the original estimated deposits. The mine in Tumalapalli has been reported to have 49,000 tonnes of uranium with indications that the total quantity could be more than 150,000 tonnes.
Lundin Petroleum has announced that its subsidiary, Lundin Norway has completed the 7120/2-3S well at the Skalle prospect and discovered it as a gas well. It has obtained a complete logging and coring program.
Calibre Mining has announced high grade gold and silver results from its exploration activities at the Riscos de Oro property in Nicaragua. The reported gold and silver results from its recently concluded drilling program helped boost the shares in the Canadian company up by 15% on Monday.
Capella Resources has identified a new copper/gold porphyry target on its property in Peru. The airborne magnetic geophysical survey on the El Rojo and Habanero properties located in southern Peru was conducted by Geotech Ltd from Aurora in Ontario.
Having discovered a high grade vein system at its Mexican mine Gold Resource Corporation has decided to proceed with the El Rey mine underground exploration program. It will also be advancing its new underground exploration program at the Alta Gracia property. The company made a statement to this effect on Tuesday.
Capstone Mining has reported high grades of copper at its Cozamin Mine in Zacatecas, Mexico. The measured and indicated resources are being estimated at 1.45 million tonnes with 2.32% copper, 0.17% zinc and 36.6 g/t silver for 74.2 million pounds of contained copper.
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