Critical Elements has discovered new mineralized zone at the Rose deposit. Stratigraphically, this new zone is situated over the southeast Rose zone, in its east-southeast extension.
By Joel Scanlon
22 Mar 2011
Sulliden Gold has announced new drilling results from Shahuindo Gold and Silver Project in northern Peru. The drilling results maintain the growth and stability of the currently defined mineral system along 3.8 kilometers that remains open in all directions.
Sunridge Gold has reported assay results from the 21 diamond drill holes at the Debarwa copper-zinc-gold deposit, which is present in Asmara Project, Eritrea.
By Joel Scanlon
22 Mar 2011
Homeland Resources has completed both the second and third production wells successfully at the Smoky Hill Project in Southern Oklahoma.
By Joel Scanlon
22 Mar 2011
Guyana Frontier Mining has begun the diamond drilling program on Borland Lake target area at Favorable Lake Project in Ontario, Canada, situated about 200 kilometers north of Red Lake, Ontario.
By Joel Scanlon
22 Mar 2011
Mexus Gold U.S. is a mining company that recovers precious metals like gold, silver and copper. Mexus Gold has shipped drilling equipment that is able to perform diamond core drill operations at the Caborca Mexico Mine site.
By Joel Scanlon
22 Mar 2011
Liberty Energy has announced plans to drill a new well at Alexander A Lease, Lockhart, Texas. The company has planned to develop the assets additionally by drilling a new test well aiming the Edwards shale play, after allowing multiple options and progress made on the Lockhart lease.
By Joel Scanlon
22 Mar 2011
Richfield Ventures has released assay results from the first four holes of 30,000 meter drilling to expand and outline the Blackwater Gold Project resources, which is around 100 km south of Vanderhoof, BC.
By Joel Scanlon
22 Mar 2011
Typhoon Exploration has completed 11 drillings out of 29 during the 2010 campaign, intersected more than 5.0 g/t gold over extra 2.0 meters.
By Joel Scanlon
22 Mar 2011
The mining boom has not led to more jobs as per a report from the University of Adelaide. The Australian Institute for Social Research published a report saying that while 12,500 people were given employment in the mining sector in 2007 the numbers fell quite a bit in 2010 with just under 8,000 people getting jobs within the mining sector.
By Joel Scanlon
21 Mar 2011
The Rio Grande Mining Co which was acquired by Aurcana Corp. in 2008 is now hoping to give a new lease of life to a mine located in what is considered a ghost town.
By Joel Scanlon
21 Mar 2011
Greystar Resources is unlikely to get its permit for the operation of a gold mine in the north eastern area of Colombia. The Mines and Energy Minister Carlos Rodado said that the $1 billion gold and silver mine would be rejected as it lacked viability due to environmental concerns. The project is located in a watershed area of the Colombian state and may have been difficult to manage.
By Joel Scanlon
21 Mar 2011
In a mine collapse in Pakistan 10 people were killed and another 38 are feared to have died after methane explosions rocked the underground mine. The state-owned Pakistan Mineral Development Corporation mine is located in the Baluchistan province about 35 km away from the province capital of Quetta.
By Joel Scanlon
21 Mar 2011
Ludin Mining has asked its shareholders to reject the Canadian $4.7 billion bid made by Equinox Minerals saying that the offer is under valuing the company and is considered too uncertain. Ludin Mining said that the debt financed takeover bid from the company was financially inadequate and highly risky.
RX Exploration has announced encouraging gold and silver intersections from the ongoing 70,000 ft underground diamond drilling program at Drumlummon Mine, Montana.
By Joel Scanlon
21 Mar 2011