NMC Resource has reported that the three exploration holes located at the NMC Moland mine has assisted the presence of the high-grade mineralization of molybdenite to the western parts of the current deposit. Additional drilling is needed to appraise the extentl of mineralization towards the west part.
Archean Star Resources has completed the initial diamond drill hole and is drilling the second hole, TB007, during the ongoing diamond drilling campaign at the Turnberry zone, which is located in the Gnaweeda gold project in Western Australia.
By Joel Scanlon
8 Dec 2011
Endeavour Silver has reported that the exploration drilling continues to cut high-grade gold and silver at the Daniela vein of the Lucero South region of the company’s Guanajuato Mines project, Mexico.
Calibre Mining has reported the phase II resource delineation drill campaign results from the Riscos de Oro project, which is an epithermal gold-silver project in the Borosi Concessions, northeast Nicaragua.
The shares in Iron Ore Holdings Ltd rose this week after the company announced that it had made a significant magnetite discovery in the Pilbara region in Australia.
By Joel Scanlon
7 Dec 2011
The new underground copper mine near Cloncurry, Queensland, Australia being developed by Xstrata saw work commence this week. The previous open cut mining site is being converted into an underground operation in a bid to extend the life of the mine until 2024.
By Joel Scanlon
7 Dec 2011
In Peru President Ollanta Humala has declared an emergency in the northern Andes to control anti-mining protests and demonstrations which have been paralyzing the largest gold mining project in the country.
Global Witness has decided to depart from the Kimberely Process. The human rights watchdog made the decision on Monday and cited an outdated approach by the program to certify diamond exports as the reason for this decision.
By Joel Scanlon
7 Dec 2011
The Four Mile uranium project in South Australia is now expected to get under way despite the long delays. The legal battle which had stopped the mine from progressing is now to be settled out of court nearly two years after legal action was initiated.
By Joel Scanlon
7 Dec 2011
Silver Bear Resources has released the initial results of the diamond drill campaign conducted at the Mangazeisky silver property, Russia. This property has greater than 100 silver occurrences in the main northwest-north trending mineralized formation, which extended along a corridor of 35 km.
Argus Metals has extended the CUZ discovery by means of two further drill holes, which is located 80 m and 240 m from HY-11-37 discovery hole in the Hyland gold project, Yukon. The company is waiting for the further assay results of the Main zone and the regional exploration.
By Joel Scanlon
7 Dec 2011
Riverstone Resources has announced the assay results from the additional seven holes drilled at the Kao zone, which is located in the company's Karma Gold project in West Africa.
By Joel Scanlon
7 Dec 2011
Jayden Resources has reported further assay results from the drilling campaign conducted during 2010 at its Silver Coin gold project, BC.
By Joel Scanlon
7 Dec 2011
Alder Resources has started the drill program at the Rosita gold-copper-silver project of Calibre Mining. This project is located on the Borosi property of the company in northeast Nicaragua.
Great Quest Metals has announced the completion of a 48-hole limited rotary air blast drill campaign at the Tilemsi phosphate project, East Mali. The company limited this phase II drill campaign to the Tarkint Est concession.