Vista Gold, a gold producer, announced that additional results have been received from the current resource conversion drill campaign conducted at the Mt. Todd gold project, located in Australia.
Galaxy Graphite declared that a Phase 1 exploration campaign has been successfully completed on the Laurier Graphite Project located in Ontario, Canada. The program has confirmed the reports obtained from the prior work on the property, which shows the existence of a high-grade graphite zone, grading up to 22% graphite.
By G.P. Thomas
30 Aug 2012
Nautilus Minerals has cleared certain statements and press coverage related to its Solwara 1 Project. The firm stated once again that the State of Papua New Guinea had granted the Mining Lease back in January 2011. Contrary to the information which was reported in several news articles, this grant is not the latest development.
By Joel Scanlon
30 Aug 2012
A new report titled Ernst & Young Dynamic Dealmaking in Oilfield Servicesreleased by mergermarket and Ernst & Young, has revealed that 84% of the survey respondents anticipate an increase in mergers and acquisitions (M&A).
By Kalwinder Kaur
30 Aug 2012
Energizer Resources has obtained further assay results from the National Instrument (NI) 43-101 graphite resource drilling campaign carried out recently at the Molo deposit. Currently, the company is strategically placed to define the potential size and borders of the deposit, including its tonnage and grade.
Metallum Resources has declared that it will be postponing exploration works on its Chubut Province, Argentina-based M-18 gold property, till the final conditions of the new mining legislation, which is at present being reviewed by Chubut’s provincial legislature, is decided.
Laramide Resources has reported that a diamond core drill campaign has been started at the Westmoreland Uranium project, located in Queensland, Australia.
Pelangio Exploration has discovered new gold from nine diamond holes, totaling 1,891 m, drilled in an area located at the Manfo Property, Ghana. The company intersected 1.00 g/t gold over 12 m and 0.57 g/t gold over 70 m in hole SGDD-201; and 1.06 g/t gold over 12 m and 0.77 g/t gold over 23 m in hole SGDD-203.
Kivalliq Energy has reported the preliminary assay results of this year from J4 Zone drill program conducted at the Angilak property, and the expansion of this zone to a strike length of 600 m.
By Kalwinder Kaur
29 Aug 2012
International Enexco has reported the results of the surface sampling campaign conducted at the Contact copper project, which is located in Northeast Nevada.
By G.P. Thomas
29 Aug 2012
Continental Nickel (CNI) has announced that a 2,409 km aerial magnetic and electromagnetic (EM) survey has discovered 25 new high-priority VTEM anomalies at the Nachingwea project in Southeast Tanzania. IMX Resources and CNI have 25:75 joint venture in this project.
By G.P. Thomas
29 Aug 2012
Bearing Resources, a Canada-based base and precious metal exploration firm, has declared that drill program has been started at its 100%-owned October Dome gold project, located in Canada.
By Joel Scanlon
29 Aug 2012
Pretium Resources (Pretivm) has announced the current drilling campaign results from its Brucejack high-grade gold project located in North British Columbia. Several assays grading more than 1,000 g/t gold are included in the present results which expand the gold mineralization zone by 100 m in the Valley of the Kings towards east.
By Kalwinder Kaur
29 Aug 2012
Cardero Resource has declared that the first reverse circulation results from the Phase I Ferricrete drill program carried out at the Sheini Hills iron project has been obtained.
Orex Minerals, a Canada-based junior exploration firm, along with Fresnillo, has announced that the phase II 12,000 m diamond drill campaign has been started at the Coneto gold-silver project in Mexico. This project will be supervised by a joint technical committee, with Fresnillo and Orex.