Harvest Gold has declared that it has signed a letter of intent (LOI) with DLK Minerals with the intent to purchase the Esker project in the neighborhood of Pickle Lake, Ontario.
Argus Metals has entered into an agreement with AK Drilling to implement minimum 2,500 m drill program as part of its totally owned Kaituma uranium and gold project, at north-west Guyana. Drilling will begin before May 2012 end.
By Joel Scanlon
14 May 2012
Endeavour Mining has identified new gold-bearing oxide mineralization zones in the Salman Trend, which is located in the company’s 90% owned Nzema Gold Mine, Ghana.
By G.P. Thomas
14 May 2012
Athabasca Uranium has announced that the company has contracted SEMM Logging in order to carry out a modern downhole geophysical survey at its Keefe Lake uranium project.
By G.P. Thomas
14 May 2012
Teras Resources has contracted National Drilling, based in Arizona, in order to speed up the development or exploration drilling campaign at the Cahuilla project in California. A new Schramm T450GT track mounted angle reverse circulation drilling rig was mobilized by National to the site. National commenced the drilling operations during the last week of April 2012.
Crocodile Gold has reported further high-grade gold intersections from holes drilled at the company’s Crosscourse and Prospect deposits, located at the Union Reefs project. Currently, two diamond rigs are working at the site to complete the ongoing drilling phase.
By Kalwinder Kaur
11 May 2012
Lydian International has announced the beginning of the 2012 drill program at the company’s Amulsar gold project, located in Armenia. Combined reverse circulation (RC) and diamond drilling of at least 25,000 m has been planned to complete in 2012.
Mega Uranium and Forum Uranium have discovered a fresh uranium mineralized zone at the Opie target, which is located at the NW Athabasca property.
Purepoint Uranium Group has scheduled to resume the drill program at the Smart Lake JV project. According to the agreement signed with Cameco, the company operates this project in the Athabasca Basin and the contract permits the company to buy up to 50% interest in the Smart Lake project.
Mayor Renald Beaulieu of Greenstone, the closest municipality to the Ring of Fire mineral find, was underwhelmed by today's announcement from Cliffs Natural Resources to locate the chromite refinery near Sudbury.
Canaco Resources has reported the remaining results from delineation drill program conducted at the Magambazi gold project in Tanzania. These results are used to estimate an initial mineral resource.
By Kalwinder Kaur
10 May 2012
El Condor Minerals has received the analytical results from a 12-hole diamond drill campaign carried out at the Horden Lake property, during the 2012 winter season.
By G.P. Thomas
10 May 2012
Manitou Gold has reported assay results of the final 14 diamond drill holes out of 26 holes drilled during the winter program carried out at the Kenwest property in Northwest Ontario. The focus of the winter drilling was to assess the #1 and #2 shear zones existing along a low ground section, which can be accessed only in the winter months.
By G.P. Thomas
10 May 2012
Alto Ventures has reported the results of six diamond drill holes which were drilled at the Oxford Lake property in central Manitoba during 2012.
By G.P. Thomas
10 May 2012
Nexen, an independent energy company based in Canada, has announced that the company has completed drilling operations at the Kakuna sub-salt exploration well, which is located at Green Canyon block 504 in Mexico.
By Joel Scanlon
8 May 2012