The thoughts of millions of ice hockey fans turned to silver this week - more specifically, to the nearly 35 pounds of silver in the National Hockey League's Stanley Cup, the century-old championship symbol of professional hockey. The Los Angeles Kings ultimately lifted high the iconic trophy made of sterling silver.
MAX Resource Corp. has completed eight holes (872 meters) of the Phase III core drilling program at its Majuba Hill silver/copper/gold project in Nevada. Of these eight holes, the first hole (MM-21) was drilled to a depth of 351 m and tested the southeast extension of near-surface high-grade supergene oxide mineralization identified by Max at the historic Majuba Hill mine during 2011. The remaining seven holes followed up on the discovery hole (MM-18) at the DeSoto zone 1.4 km to the northwest, where MAX intercepted 29.2 m of 98.3 g/t Ag silver equivalent ("AgEq").
Liberty Gold Corp. is pleased to announce it has acquired a 60% interest* in the ~2,218-acre McCord Creek Property gold project in central Alaska's Tolovana Mining District. Liberty Gold will be the project's operator.
Kloeckner Metals, one of the leading metal distributors in North America, announced today that it will build a light gauge flat rolled processing center on a greenfield site in the Southeast. The facility will be located on-campus with ThyssenKrupp's' state-of-the-art carbon flat rolled mill in Calvert, AL. It is located in the extreme northeast corner of Mobile County near the Tombigbee River, along U.S. Route 43.
Glencore International plc ("Glencore") today announced that it has agreed with Canada's Minister of Industry to extend the review period of its proposed acquisition of Viterra, Inc. ("Viterra") by an additional 30 days past the initial review period, which will end on June 18, 2012. Glencore remains focused on achieving all regulatory approvals, including those under the Investment Canada Act, in time for the closing of the transaction which is expected to be by the end of July, 2012.
Now, more than ever, executives must plan ahead and collaborate with their peers to truly utilise the wealth of mining opportunities to be found in Australia's mineral-rich land. On the 16-18th of October 2012, GDS International will host another of its hugely successful mining events - the Next Generation Mining Australia Summit http://www.ngminingaustralia.com to be held at the sumptuous Stamford Plaza Adelaide Hotel in Australia.
Urastar is currently carrying out an extensive RC drilling program on the El Antimonio property and so far 27 holes have been completed. Significant intersections previously released included 29 metres grading 0.79 grams per tonne gold in hole EA-12-17. Recently received significant intercepts include the following:
CuOro Resources, a Canadian exploration company, has provided an update of its exploration program that is being carried out at the Barranco de Loba gold project located in the highly potential San Lucas Gold Belt in Colombia.
By Joel Scanlon
16 Jun 2012
Consolidated Goldfields has reported additional assay results from its Cahuilla gold-silver project located in California. The company continued the drill program along the Modoc fault zone and 200 m towards the southeastern part in the precious metal deposit’s south-central region.
By Kalwinder Kaur
16 Jun 2012
Mariana Resources, an exploration and development firm focused on Chile and Argentina, has announced that a diamond drill program has been completed at the flagship Las Calandrias gold-silver project, which is located in the Santa Cruz Gold Province, South Argentina.
By G.P. Thomas
16 Jun 2012
Oremex Silver announced that it has released encouraging results from a surface outcrop sampling campaign carried out at the El Doctor zone, located in the San Lucas silver project. Surface sampling was not formerly performed at the El Doctor zone.
By G.P. Thomas
16 Jun 2012
Mirasol Resources has declared that a 2,600 m of diamond drilling campaign has been completed at the Rio Seco gold-silver vein prospect, which is a part of the Claudia project situated near the Cerro Vanguardia gold mine.
Lithium Americas (LAC) has declared that the results of the definitive feasibility study (DFS) will be announced for the Cauchari-Olaroz lithium-potash project, on June 18, 2012. ARA WorleyParsons prepared this DFS results. A conference call has been scheduled on the same day in order to discuss about the DFS.
By G.P. Thomas
15 Jun 2012
The 61st annual report, ‘The BP Statistical Review of World Energy, 2012,’ has been released. The report emphasizes that the ever-increasing demand and supply issues are the two major energy topics of 2011.
By G.P. Thomas
15 Jun 2012
Reunion Gold has updated its exploration program carried out at the Matthews Ridge manganese project located in South America. The company has conducted diamond drilling for 43,444 m, totaling 669 holes, and reverse circulation (RC) drilling of 17,361 m, totaling 283 near-surface holes. Four diamond drilling rigs are operating at the project.