Uragold Bay Resources Inc. has announced that it has commenced a four hole, 1000 meter diamond drill program on the Beauce Placer Property to drill the bedrock below the placer gold bearing basal till. Inlandsis Consultants, who will provide geological services and supervision of the drill program, has identifed two potential source areas to be drill tested.
Almaden Minerals Ltd. has announced that it has commenced a Titan 24 deep penetration geophysical survey on its 100% owned El Cobre porphyry copper-gold project in Veracruz State, Mexico.
Lexam VG Gold Inc. has announced positive exploration results at the Fuller property including 4.23 grams per tonne gold over 30.6 metres. Recent drilling has indicated a near surface, gold mineralized porphyry target located adjacent to the established Fuller Deposit gold resource.
Lydian International Ltd. has announced results from further drilling at its Amulsar gold project in Armenia. Amulsar is a high-sulfidation style gold project which currently hosts a CIM compliant Indicated Resource of 1.1 million ounces at 1.1 g/t gold, plus an Inferred Resource of 1.4 million ounces at 0.9 g/t gold.
Magellan Minerals Ltd. has reported results from thirteen additional drill holes from the Serra, Meio and Domingo zones at the Coringa project, Brazil.
Garibaldi Resources Corp. has announced that the Company owned NQ diamond drill has been deployed to test the Locust Gold in soil anomaly located at the Company's 100% owned 48,000 hectare Tonichi concession in Sonora State, Mexico approximately 160 kms southeast of Hermosillo.
Glass Earth Gold Limited has announced the commencement of drilling at its 100% owned Muirs Reef prospect in New Zealand. The drilling will consist of 17 diamond holes for a total of approximately 2,500m designed to identify gold resources in an area known as Massey Reef.
Lake Shore Gold Corp. has announced that the Company recently closed its transaction with Golden Share Mining Corporation pursuant to which Lake Shore Gold acquired direct ownership of a total of 21,690,000 common shares of Golden Share representing 19.9% of the outstanding shares, as well as warrants to acquire an additional 10,845,000 common shares of Golden Share (representing 9% of the outstanding shares on a partially diluted basis) at an exercise price of $0.20 per common share.
Newton Gold Corp. has announce results from the first four holes of an ongoing 25 hole drill program on the 1,487 square kilometre Newton Project located in central B.C. approximately 100 kilometres southwest of Williams Lake. The Newton Project is a Joint Venture between Newton Gold and Amarc Resources Ltd. (TSX-V AHR), the operator of the project.
Global Minerals has updated on its regional exploration works activities nearby its Strieborná copper-silver deposit, Roznava Slovakia.
By Joel Scanlon
29 Nov 2011
Esperanza Resources has reported details on the Cerro Jumil, Mexico project. The company intersected 0.9 g/t gold over 52.5 m in the hole RCHE-11-212, 1.6 g/t gold over 61.5 m in the hole RCHE-11-214 and 1.30 g/t gold over 27.0 m in the hole RCHE-11-215.
By Joel Scanlon
29 Nov 2011
ABM Resources has reported the recent drilling results from the Twin Bonanza gold camp project. The company’s extensional drill program between the Cypress and Caribbean zones has shown the extensive continuity of grade mineralization along the Buccaneer Porphyry body’s western boundary.
By Joel Scanlon
29 Nov 2011
Santa Fe Metals has reported the results from the ongoing channel sampling campaign conducted at the Don Indio project in Cuatro Ciénegas.
By Joel Scanlon
28 Nov 2011
Columbus Gold has started a drill program at the Utah Clipper gold project, which is situated immediately contiguous to the Pipeline-Gold Acres gold mine complex of Barrick Gold in the Battle Mountain gold trend’s Cortez-Pipeline segment in Nevada, where Navaho Gold, a joint-venture partner, can earn a preliminary 51% interest.
By Joel Scanlon
28 Nov 2011
MetalCorp has released the channel sampling program results from the newly optioned Solomon Pillars property, which is situated in the Beardmore-Geraldton greenstone belt in Ontario.
By Joel Scanlon
28 Nov 2011