Redhill Resources has provided a detailed report on its exploration activities carried out in Nyakagwe Properties in Tanzania, East Africa. This property is located on the Bulyanhulu regional trend which in turn is placed at distance of less than 6 km from Barrick Gold’s Bulyanhulu gold mine.
By G.P. Thomas
26 Jun 2012
Sono Resources has announced that it has commenced its planned exploration program for 2012 as per an agreement it entered with Alaska Metals.
By G.P. Thomas
26 Jun 2012
Huldra Silver has announced the updation on the mining operations conducted at the Treasure Mountain property and the construction of mill located in Merritt, BC. The production capacity of the mill is 200 t per day.
BCGold declared that it has mobilized work crews at its WS and Off-White Gold properties and South Quesnel properties. The company will use the combined exploration budget of $200,000 for these projects. Work crews will be working at the properties till late August.
By Kalwinder Kaur
25 Jun 2012
Xstrata Technology and GeoProMining Gold, which is a wholly-owned subsidiary of GeoProMining, have inked an Albion Process Technology Licence Agreement for GPM gold project.
By G.P. Thomas
25 Jun 2012
Paramount Gold and Silver has reported that it has validated the mineralization continuity along the Guazapares Megastructure, through the results obtained from four new near-surface holes drilled at its San Miguel Project, Mexico.
By G.P. Thomas
25 Jun 2012
Synergy Resources Corporation, a domestic oil and gas exploration and production company focused in the Denver-Julesburg Basin (the "D-J Basin"), today announced the completion of its mid-year reserve analysis. The evaluation was prepared with an effective date of February 29, 2012, and reflects development activity during the first six months of the fiscal year. As of February 29, 2012, the Company had estimated proved reserves of 3.492 million barrels of oil and 23.798 billion cubic feet of gas. The estimated present value before tax (discounted at 10%) is $122.576 million. Compared to the annual reserve report prepared at August 31, 2011, quantities increased by 68% and value increased by 71%.
Nova Mining Corp.: According to Bloomberg Businessweek on Wednesday, in an article titled: IPad Boom Strains Lithium Supplies After Prices Triple - the article says "Investors from JPMorgan Chase & Co. to BlackRock Inc. are trying to make money from the exploding popularity of iPads and increasing sales of hybrid cars by investing in producers of lithium for batteries."
The National Coal Council (NCC) today presented the U.S. Department of Energy with the results of a comprehensive study requested by U.S. Secretary of Energy Steven Chu. The study, "Harnessing Coal's Carbon Content to Advance the Economy, Environment and Energy Security," concludes that widespread deployment of carbon dioxide capture and utilization (CCUS) technologies at coal-based power and liquid fuels production plants could help increase domestic oil production by more than 3.5 million barrels a day for 40-plus years.
Mr. Erik Bethel, Managing Partner of SinoLatin Capital, the premier investment platform between China and Latin America focused on natural resources and commodities, spoke at the 2012 Mines and Money Beijing Conference, June 19-21st, 2012 at the China World Summit Wing.
Guyana Frontier Mining Corp. ("Guyana Frontier") is pleased to provide an update on the results of the remaining six diamond drill holes from the Marudi Mountain Gold Project ("Marudi Mountain") in Guyana, South America. The six holes reported here, totalling 909.5 metres, were drilled at the Marudi North target area from two collar locations, of which three holes encountered gold mineralization. The 2012 drilling program at Marudi North successfully intersected gold mineralization within quartzite-metachert rocks (the "host rock") in six of the nine holes drilled. In all, 1,977.47 metres were drilled in 12 holes at both target areas during the Phase 1 drilling program. Nine holes totalling 1,438.17 metres were drilled in the Marudi North segment of the 2012 drilling program, and 539.30 metres were earlier completed in 3 holes at Mazoa Hill.
Malbex Resources, a gold exploration company, has declared assay results for 11 diamond drill holes from the Rojo Grande deposit and other prospective targets at its Del Carmen gold-silver project located in Argentina’s San Juan province.
By Joel Scanlon
25 Jun 2012
Eagle Hill Exploration has declared the initial assay results from the new drill campaign, which was conducted at the Windfall Lake Gold Deposit located in northwestern Quebec. The assay results constitute a part of a drilling program conducted to extend the size of the mineral resource estimate, which was announced earlier in November 2011.
By Kalwinder Kaur
25 Jun 2012
Confederation Minerals, a British Columbia-based company, has declared the drill results from the 2012 summer campaign conducted at the Newman-Todd property, located in Red Lake, Ontario.
By Kalwinder Kaur
25 Jun 2012
Sono Resources, Inc. having completed the Share Exchange Agreement ("SEA"), with Alaska Metals Corp. ("Alaska Metals"), announces that the 2012 exploration work program, as set out in the Company's news release dated May 4, 2012, has been initiated, with Keill Engineering from Fairbanks, Alaska conducting a Mobile Metal Ion ("MMI") geochemical sampling program over 4 grid lines consisting of 219 samples. These samples have been sent to SGS Canada Inc. of Mississauga, Ontario for analysis.