Bonaparte Resources has declared results from the 2011 surface exploration program conducted at its Hooch property in southwest Yukon. This property is located 25 km south-southeast of the Hopper property and 14 km east of the Aishihik Lake road.
By Joel Scanlon
17 Feb 2012
Xstrata is closer to moving ahead with the construction of the $6 billion Wandoan coal project located in Queensland, but is seeking another investor to come onboard project. The mining giant has appointed Macquarie Capital to handle the sale of 20% interest in the project while it waits for a land court ruling on a mining license.
By Joel Scanlon
16 Feb 2012
More than a thousand people showed up at the state Capitol to protest against mountain top removal mining in Kentucky. The Appalachian residents and citizen activists were joined by environmentalists at the “I love Mountains” annual rally.
By Joel Scanlon
16 Feb 2012
The world’s largest mining company BHP Billiton is in trouble in Queensland, Australia. Mine workers are asking for changes in the work conditions as they begin a seven day strike. However both BHP Billiton and the Construction, Forestry, Mining and Energy Union – CFMEU are willing to resume negotiations.
Montero Mining and Exploration announced that it had found a sizable strontium deposit in bastnaesite-bearing carbonatite dikes in the Twiga Zone at its flagship project at Wigu Hill in Tanzania. The company is currently focused on developing its Wigu Hill rare earths project.
By Joel Scanlon
16 Feb 2012
The Kimberly Process’s decision to allow the Marange diamonds to be sold on the global market may be financing more violence. The controversial diamonds have been mined by companies managed by the dreaded police that President Robert Mugabe controls.
By Joel Scanlon
16 Feb 2012
The Australian state of New South Wales has decided to lift a quarter of a century long ban on uranium exploration.
By Joel Scanlon
16 Feb 2012
Metallum Resources declared that it has concluded its four-month bedrock channel sampling and trenching program over its high grade epithermal gold mineralization zone on its M-18 property located in Argentina.
ICN Resources has declared the assay results from the 11 core holes drilled late in 2011 at the Goldfield Bonanza Project, as part of its Phase II drilling program. The project, which has been optioned from Lode Star Gold, is situated in the Goldfield mining locality of Nevada.
By Joel Scanlon
16 Feb 2012
Choice Gold has begun the Phase 1B of drilling program on its Sugarloaf Peak Gold Project located in western Arizona. This project, situated within 100 km of the American Girl, Mesquite, and Copperstone gold deposits, showed its gold potential via the company’s mapping and drilling program conducted in 2011.
By Joel Scanlon
16 Feb 2012
Huldra Silver has announced the additional exploration results from the 2011 program conducted at Treasure Mountain. The company obtained further assay results from the final 24 holes and encountered 4.76% molybdenum, 13.47% lead, 9.92% zinc and 1,565 g/t silver over 1.2 m in hole TM11-36, which cut the vein structure around 15 m beneath the Level 2 Drift.
Nuinsco Resources has planned to drill the Diabase Peninsula uranium project during early March, 2012. The previous exploration program will be followed up by the new drilling and encountered all the elements showing a uranium mineralizing event, returning up to 707 ppm of uranium.
Oceanic Iron Ore has released an additional set of assay results from 32 drill holes across the Zone 4, Castle Mountain, McDonald Zone, Iron Valley and Bay Zones B, C, E and F in the Hopes Advance project region.
By Joel Scanlon
15 Feb 2012
Corvus Gold has declared the initial drill results from the 2012 exploration program conducted on the North Bullfrog Project close to Beatty in Nevada. The NB-12-117 hole intercepted 52 m of 0.8 g/t gold that included a higher grade intercept of 15.3 m of 2.36 g/t gold beginning at 11 m beneath the surface.
By Joel Scanlon
15 Feb 2012
Comstock Metals declared that it has started the first phase of a drill program on its Corona Gold-Silver Project located in the Uruachic District of Chihuahua, Mexico.
By Joel Scanlon
15 Feb 2012