Mining News

RSS

Rockridge Capital Begins Phase II Drilling Program at Fatou Gold Project, Mali

Rockridge Capital Corp. (TSX VENTURE:RRC) has announced that the Phase 2, 15,000 metre diamond drilling program at the Fatou Gold Project in southern Mali is underway.

9 Dec 2010

New World Resource Continues to Drill at Pastos Grandes Lithium Brine Project, Bolivia

New World Resource Corp. (TSX VENTURE:NW)(FRANKFURT:NWU) announces that drilling continues on its' 99% owned Pastos Grandes lithium brine project in southwestern Bolivia.

From New World Resource Corp. 9 Dec 2010

HudBay Minerals Signs Subscription Agreement with Halo Resources

HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM) today announced it has entered into a subscription agreement with Halo Resources Ltd. (TSX VENTURE:HLO)(FRANKFURT:HRLN) providing for the sale to HudBay on a private placement basis of 3,655,000 units of Halo at a purchase price of C$0.50 per Unit for total consideration of C$1,827,500.

From HudBay Minerals Inc. 9 Dec 2010

Bolero Resources Receives Drilling Permit for Red Chris South Prospect

Bolero Resources Corp., (TSX VENTURE:BRU)(PINK SHEETS:BRUZF)(FRANKFURT:U7N1) has announced it has received permits, from the B.C. Ministry of Energy, Mines and Petroleum Resources, to conduct a diamond drill program on its "Red Chris South" prospect, contiguous to Imperial Metals Corporation's (III-TSX) "Red Chris" copper-gold discovery where they announced drill intercepts of 528.7 metres grading 1.97 g/t Gold and 1.13% Copper and 1,112.5 metres grading 0.54% Copper, 0.61 g/t Gold and 1.96 g/t Silver.

9 Dec 2010

Canasia Industries Expands Gold Zones at Clone Gold Property

Canasia Industries Corporation (TSX VENTURE:CAJ)(PINK SHEETS:CANSF)(FRANKFURT:45C) has been informed by the operator that all of the samples have been completed at the Clone gold property and the final grade for 34 one tonne samples retuned an average of 68.65 grams per tonne.

9 Dec 2010

Lounor Exploration Announces Additional Results from Harker Gold Property in Ontario

LOUNOR EXPLORATION INC. reports additional drill results on the Harker Gold Property, located in Harker Twp in the Timmins/Kirkland Lake area (Ontario).

From Lounor Exploration Inc. 9 Dec 2010

Puma Exploration Updates on Current Exploration at Turgeon Copper Project

Puma Exploration (TSX VENTURE:PUM) has provided an update on the current exploration program undertaken on the company's Turgeon Copper property.

From Puma Exploration Inc. 9 Dec 2010

Everton Resources, Canadian Star Minerals Execute MoU with Strike Minerals

Everton Resources Inc. (TSX VENTURE:EVR)(FRANKFURT:ERV) has announced that, jointly with Canadian Star Minerals Ltd., a private company, it has executed a Memorandum of Understanding to sell or transfer ownership of options to give Strike Minerals Inc. (TSX.V: STK) a 100% undivided interest in a package of gold exploration properties at Hays Lake near Schreiber, Ontario approximately 70 kilometres west along the Trans Canada Highway from the multi million ounce Hemlo gold deposit in the Schreiber Hemlo greenstone belt.

From Everton Resources Inc. 9 Dec 2010

Galore Resources Provides Update on Dos Santos Property

Galore Resources Inc. (TSX VENTURE:GRI) provides an update on the completion of diamond drilling on its La Palma target, located at the southern end of the Dos Santos property and initial assay results from a systematic trenching program at El Álamo, located at the northern end of the Dos Santos property.

From Galore Resources Inc. 9 Dec 2010

Edgewater Exploration Begins Drilling at Enchi Gold Project in Ghana

Mr. George Salamis, President and CEO of Edgewater Exploration Ltd., (TSX VENTURE:EDW)(OTCQX:EDWZF) has announced that drilling activities have begun on the Company's Enchi Gold Project in Ghana.

9 Dec 2010

Corex Gold Discovers New Mineralized Zone at Santana Property in Mexico

Corex Gold Corp. (TSX VENTURE:CGE) has announced that a step-out reverse circulation drill hole has discovered a significant new mineralized zone on Corex's 100% owned Santana property in Sonora State, Mexico.

9 Dec 2010

Coral Gold Resources Reports Encouraging Results from Robertson Property, Nevada

Coral Gold Resources Ltd. (TSX VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) has announced encouraging results from a further three diamond core holes drilled at Coral's Robertson property in Crescent Valley, Nevada.

From Coral Gold Resources Ltd. 9 Dec 2010

Auriga Gold Commences Phase I Drilling at Maverick Gold Project in Manitoba

Auriga Gold Corp. (TSX VENTURE:AIA) has commenced the first phase drilling program at the Maverick Gold Project, located 65 kilometres northeast of Flin Flon, Manitoba.

9 Dec 2010

Antioquia Gold Reports Initial Metallurgical Testing Results from Cisneros Project

Antioquia Gold Inc. (TSX VENTURE:AGD) today announced the results of the preliminary metallurgical assessment completed on the gold bearing rocks on its flagship property as well as Acid Based Accounting tests, the Cisneros Project located in Antioquia, Colombia.

From Antioquia Gold Inc. 9 Dec 2010

Guinea Re-Opens Borders

The air and sea borders of Guinea have been re-opened by Prime Minister Jean-Marie Dore ending the curfew that had been imposed. The West African nation saw street violence after elections which had led to the imposition of the curfew. The hours of the night time curfew have also been reduced from 6 pm to 6 am to 10 pm to 6 am.

By Joel Scanlon 8 Dec 2010