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.
Magma Metals Limited (TSX:MMW)(ASX:MMW) advises that completion of the Scoping Study (Preliminary Economic Assessment) on its Thunder Bay North platinum – palladium – copper – nickel project in Ontario, has been re-scheduled for the March quarter 2011.
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.
International Enexco Ltd. (TSX VENTURE:IEC) has announced results from the first drill hole in its Fall 2010 Drill Program at the Company's 100%-owned Contact Copper Project, Nevada. Results include 43.0 meters of 0.49% Copper in hole EN-154.
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...
Ditem Explorations (TSX VENTURE:DIT)(FRANKFURT:D8X) has announced the second phase of the 2010 drill program on its Otish Uranium property. The drill program will test ground VLF (Low Frequency EM) conductors coincident with airborne uranium and ground radon anomalies. The Company has a 100% interest in the property and there is no NSR.
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.
Barkerville Gold Mines Ltd. (TSX VENTURE:BGM)(FRANKFURT:IWUB) announces that it has entered into a Project Agreement with the Lhtako Dene Nation (Red Bluff Indian Band) ("Lhtako") of Quesnel, British Columbia. The parties will mutually benefit in the development of Barkerville's 100 percent-owned Bonanza Ledge Property located in the Cariboo Mining District of British Columbia.
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.
By Joel Scanlon
9 Dec 2010
Papua New Guinea (PNG) hopes to build its own gold refinery which would be operated in a joint public and private partnership.
By Joel Scanlon
9 Dec 2010
The two large Australian mining companies BHP Billiton and Rio Tinto are unhappy about the changes being written into the mining tax post-election. This was made evident to the Senate select committee that is investigating the proposed Minerals Resource Rent Tax (MRRT) in Melbourne.
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.