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.
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.
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.
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.
LOUNOR EXPLORATION INC. reports additional drill results on the Harker Gold Property, located in Harker Twp in the Timmins/Kirkland Lake area (Ontario).
Puma Exploration (TSX VENTURE:PUM) has provided an update on the current exploration program undertaken on the company's Turgeon Copper property.
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.
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.
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.
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.
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.
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.
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.
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
Illegal mining has come to light in Goa in the tiger corridor. The forestry department has initiated an investigation into the mining activity which was being conducted near the Netravali wildlife sanctuary in east Goa.
By Joel Scanlon
8 Dec 2010