Mr. George Salamis, President and CEO of Edgewater Exploration Ltd. (TSX VENTURE:EDW) has announced that the Company has commenced exploration activities on the Enchi Gold Project.
Diamonds North Resources Ltd. (TSX VENTURE:DDN) announces it has completed a 25 tonne bulk sample of the Beluga-3 kimberlite, located on its 100% owned Amaruk project in Nunavut.
Diadem Resources Ltd. (TSX VENTURE:DRL) announces today that it has entered into a definitive acquisition agreement to acquire a private company that holds all of the working interest in a substantial development stage mineral asset in central Africa, where diamonds and gold have been produced in the past. The area under licence covers 25,058.55 square kilometers.
Colt Resources Inc. has announced that the Direcção-Geral de Energia e Geologia, a division of the Portuguese Ministry of Economy and Innovation, has given the Company until January 31, 2011 to file an experimental mining license application for the Montemor gold concession located in southern Portugal.
Canasia Industries Corporation (TSX VENTURE:CAJ)(PINK SHEETS:CANSF)(FRANKFURT:45C) has been informed by the operator that the grades for the initial samples from the first 17 tons of bulk sample have been received.
Camino Minerals Corporation (TSX VENTURE:COR) has announced that samples grading up to 4.03 g/t Au have been returned from the El Rincon gold project, located in Durango State, Mexico.
BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) announces the receipt of the first set of gold assays for its ongoing channel sampling program on its Eastern Extension Property in the Urban-Barry Greenstone Belt of Quebec.
Bolero Resources Corp. (TSX VENTURE:BRU), (FRANKFURT:U7N1) has announced the acquisition of 13 mineral claims covering over 11,620 acres of lands highly prospective for Rare Earth Elements and previously owned as part of Spectrum Mining Corporation's "Wicheeda" Rare Earth Element discovery.
Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) has announced the expansion of its Rainy River drill program to 50,000 metres from the current 20,000 metres on its 100% owned Rainy River properties in the Rainy River District of north-western Ontario.
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.
Alturas Minerals Corp. (TSX VENTURE:ALT)(BVLAC:ALT) announces assay results from the first five diamond drill holes completed as part of the first phase drill program at its La Corina property in northern Chile
In Chile the after effects of the miners rescue can be seen in a bill proposed by President Sebastian Pinera. The bill seeks to raise mining royalties from a range of 4 to 5% as currently paid to a range of 4 to 9% depending upon operating margins. This will eventually be raised to a range of 5 to 14% by the year 2018.
By Joel Scanlon
14 Oct 2010
A Colorado based coal industry group, the Colorado Mining Association, has asked two public utilities commissioner to excuse themselves from considering a plan by Xcel Energy (NYSE:XEL). The plan involves the company switching some power plants to run on natural gas rather than on coal.
By Dr. Cameron Chai
14 Oct 2010