Puma Exploration has identified a main mineralized lens at the Nicholas-Denys, which encountered up to 0.27% bismuth and 1,020 g/t silver.
Otis Gold has obtained further significant results from the drill program conducted at Kilgore Mine Ridge gold project in Idaho. These results include possibly open-pittable and bulk-mineable intercepts from the 9,320 m of drill program.
By Joel Scanlon
12 Dec 2011
Oroco Resource has started a condemnation and exploration drill campaign at the Cerro Prieto property, Mexico.
New Millennium Iron (NML) has reported the drill core assay results from the Lac Ritchie property. The company completed drilling at this property in October 2011. It has drilled 3,800 m, totaling 40 holes. NML has obtained assay results for 15 holes out of the 40 holes from Lac Ritchie.
By Joel Scanlon
12 Dec 2011
Golden Minerals has announced further assay results of the drilling campaign conducted at the Yaxtché deposit, which is located on the El Quevar project in northwest Argentina.
By Joel Scanlon
12 Dec 2011
Midway Gold has found several high-grade gold intercepts through drilling conducted at the Discovery zone, which is located in the Tonopah Project in Nevada.
By Joel Scanlon
12 Dec 2011
Colibri Resource has provided details on the activities at the Ramard silver property, which is situated 100 km towards the northeast part of Hermosillo in Sonora.
By Joel Scanlon
12 Dec 2011
Silvore Fox Minerals Corp. has announced the first assay results from due diligence drilling in Chile.
Tucana Lithium Corp. has announced it has staked an additional 83 claims in the James Bay region of Quebec. The claims are 100% owned by the Company and registered in the name of Tucana's subsidiary, Tucana Exploration Inc.
The CITIC Guaon Group, a Chinese state company, has signed an agreement with Bolivia to develop lithium and other resources in the South American nation.
By Joel Scanlon
11 Dec 2011
Tasmania’s Beaconsfield underground mine is to shut down next year. The Chief Executive Officer of BCD Resources, Pert Thompson, said that the company had decided to close the gold mine as it was not economically viable to mine below the current depth of 1210 meters at today’s gold prices.
By Joel Scanlon
11 Dec 2011
At the Quebec Lithium project being developed by Canada Lithium the last 43-101 report brought a mixed bag of results.
By Joel Scanlon
11 Dec 2011
Brazilian mining giant Vale SA is in negotiations with its customers ArcelorMittal and China Steel Corp. in a bid to reduce contract prices. The two steel makers have been asking the company to modify its pricing system.
Teranga Gold Corp reported that it expects a lower output of gold at its Senegal mine. The Sabodala Gold mine in Senegal in West Africa is facing drilling and loading issues as it struggles to get access to the higher grade zones.
By Joel Scanlon
11 Dec 2011
Robex Resources has commenced the drill program again to the southern part of Lens 100, which is located on the Mininko permit, Mali.