Helio Resource has announced an update on the new drill program carried out at the Gold Kop Target.
AuRico Gold reports that full power has been restored by Hydro One at the Young-Davidson mine and the mill facility is fully energized and ore processing activities are anticipated to commence shortly.
Miranda Gold Corp. is pleased to announce that Agnico-Eagle (USA) Limited ("Agnico"), a wholly owned subsidiary of Agnico-Eagle Mines Limited has started its 2012 drilling program on Miranda's Ester Dome project located in the Fairbanks mining district of Alaska.
Canadian company Continental Nickel has provided an update regarding its exploration in the Nachingwea project. The project is a 75:25 joint venture between IMX Resources and CNI and the exploration programme is worth $10 million.
By G.P. Thomas
29 May 2012
Banks Island Gold has announced that it has completed drilling at Discovery Zone in April 2012 and has received assay results for 12 diamond drillings. Highlights from the drilling included an intercept of 135.5 gpt gold and 38 gpt silver over 3.7 m from drill holes DIS-12-03 and 23.4 gpt gold and 43 gpt silver over 2.5 m from drill hole DIS-12-05.
By G.P. Thomas
29 May 2012
Precious metal silver has become the leader in the early part of 2012, recording gains, which have surpassed all other precious metals in Q1. It is anticipated that this demand for silver will definitely continue to grow.
By G.P. Thomas
28 May 2012
Redstar Gold has announced that the company has commenced 2012 drilling program at the Newman-Todd property in Ontario and the exploration camp at the property become operational. Drilling of minimum 5,000 m may follow up the results that were encountered from the 2012 drilling.
Teras Resources has reported that the company has received additional assay results from the Cahuilla gold-silver project, located in California. The company continues the drill program along the Modoc fault zone and around 200 m towards the southeastern part in the precious metal deposit’s south-central part.
Zenyatta Ventures has reported the significant assay results of the present drill program carrying out at the Albany Graphite deposit.
By G.P. Thomas
28 May 2012
Northern Tiger Resources, a resource exploration company based in Canada, has announced that the company has mobilized a field crew to its 3Ace Project, located in Southeast Yukon.
By G.P. Thomas
28 May 2012
Noble Royalties, Inc. has closed on the acquisition of producing oil and natural gas royalties in seven North Dakota counties from an undisclosed seller.
The Chilean National Energy Commission (CNE) has decided to switch its data provider for energy markets to leading energy and commodity price reporting agency Argus. The CNE will use Argus for all of its crude oil, petroleum products, biofuels, LPG and freight information from 23 May 2012.
Brigus announces that severe forest fires have caused a power outage at the Company's Black Fox Mill, located approximately 30 kilometres east of Timmins. This has resulted in the temporary suspension of milling operations and gold production. The power outage occurred yesterday and power is expected to be restored early next week.
At the European Association of Geoscientists and Engineers' 74th Conference and Exhibition, TerraSpark Geosciences LLC will be previewing its new GPU-enhanced Advanced Automated Fault Extraction (aAFE) solution, one of the company's flagship technologies and a core component of the Interpretation Intelligence concept. The presentations will take place in the NVIDIA / HP booth 186.
McLaren Resources has announced the update on the progress of the exploration program carried out at the TimGinn Property. This property is situated on strike and nearby the Hollinger or McIntyre mine complex.