Waseco Resources has declared that a preliminary diamond drilling campaign will be conducted at the Battle Mountain Ridge gold project, located in Nevada. This project is now under option from Sparton Resources.
Helix Energy Solutions Group has declared that an oil discovery has been found at the Danny II exploration well. This well is located at the Bushwood field in Garden Banks Block 506, which is situated about 145 mi. offshore from Galveston in Texas. Over 70 ft of high-quality net pay was encountered in the Danny II exploration well.
By G.P. Thomas
18 Jul 2012
Concordia Resource, a junior exploration firm, has announced that it has completed the phase II drill program at the Kerboulé project, located in North Burkina Faso. Currently, the company has reported continuous phase I encouraging results from the Kerboulé South region.
By G.P. Thomas
18 Jul 2012
Silver Bull Resources, Inc. (TSX: SVB, NYSE MKT: SVBL) is pleased to announce more drill results from the 2012 surface drill campaign on its Sierra Mojada Project located in the state of Coahuila, Northern Mexico.
Lithium Corporation (OTCBB: LTUM) is pleased to announced that it has commenced a geotechnical survey on the Fish Lake Valley playa in Esmeralda County Nevada.
Augusta Resource Corporation (TSX/NYSE MKT: AZC) has completed an updated National Instrument ("NI") 43-101 compliant mineral resource for its Rosemont Copper project ("Rosemont") near Tucson, Arizona.
Rubicon Minerals Corporation (TSX:RMX | NYSE-MKT:RBY) is pleased to provide an update of exploration activities conducted at its 100%-owned F2 Gold System, Phoenix Gold Project, located in the heart of the prolific Red Lake gold district.
Lake Victoria Mining Company, Inc. (LVCA:OTCBB) is pleased to report results of an eleven hole, 1,459 meter core drilling program completed in May 2012 at its 100% owned Uyowa Prospecting License in northwestern Tanzania...
FieldPoint Petroleum Corporation (NYSE/MKT: FPP) announced today that drilling has begun on the East Lusk 15 Federal #2 in Lea County, New Mexico.
Alacer Gold Corp. [TSX: ASR and ASX: AQG] announces that the South Kalgoorlie Operations Expansion Project ("SKOEP") in Western Australia will not proceed at this time.
Effective July 1, 2012, companies and individuals will pay double the value of the corresponding assessment work requirement for Payment Instead of Exploration and Development (PIED). The previous rates were equivalent to the value of exploration and development work. These changes will impact decisions companies and individuals make as there is a risk of forfeiture if assessment work is not completed on time and companies are not able to come up with the additional money to pay the fees. This can be a serious problem since forfeiture makes it possible for other companies and individuals to acquire the mineral tenure.
Norman Cay Development, Inc. (OTCQB: NCDL) (OTCQB: DCGD), an emerging international gold exploration and development company, is pleased to announce that the Company has changed its name to Discovery Gold Corporation.
Coeur d'Alene Mines Corporation (NYSE: CDE) (TSX: CDM) announced that it subscribed by way of an agreement with International Northair Mines Ltd. (TSXV: INM) for the sale to Coeur of 10,750,000 units of Northair at a purchase price of C$0.28 per unit, for total consideration of C$3,010,000, as part of a private placement transaction of Northair issuing in the aggregate 12,536,000 Units.
Cap-Ex Ventures has reported that it is continuing to intercept significant iron mineralization intervals through its current drilling campaign at the Greenbush zone, which is situated at the Block 103 property in West Labrador.
By Kalwinder Kaur
16 Jul 2012
Almaden Minerals has declared additional results from the four drill exploration campaign that is currently being conducted at the Tuligtic project in Mexico. The company drilled the hole TU-12-145 into the Ixtaca north zone, which is a parallel zone developing towards the main Ixtaca zone. High-grades were encountered in hole TU-12-145, which extends the prominent Ixtaca north zone.