Xtra-Gold Resources Corp. (TSX:XTG)(TSX:XTG.S)(OTCBB:XTGR), has reported the completion of the first 12 diamond core holes (#KBDD11105 to #KBDD11116) totaling 2,589 metres from the current 20,000 m drill program at its wholly-owned Kibi Gold Trend Project, located in the Kibi – Winneba greenstone belt, in Ghana, West Africa.
Redstar Gold Corp. (TSX VENTURE:RGC) has announced the signing of an agreement with Catalina Metals Corp., wherein Catalina can earn a 60% interest in Redstar's Cooks Creek project in Nevada.
Temex Resources Corp. (TSXV: TME) (FWB: TQ1) reports that exploration drilling on the Upper Hallnor Mine 6 Vein area has returned high grade assay results over significant widths: 9.97 g/t gold over 6.70 metres including 66.00 g/t gold over 0.8 metres; 6.47 g/t gold over 5.70 metres; 5.81 g/t gold over 11.40 metres.
Everton Resources Inc., (TSX VENTURE:EVR)(FRANKFURT:ERV) and its partner Brigus Gold Corp. (TSX:BRD)(NYSE Amex:BRD) has announced the latest results received from the core drilling program currently underway at the La Lechoza VMS Prospect on the Ampliación Pueblo Viejo property, located adjacent to the Pueblo Viejo gold deposit, in Central Dominican Republic.
Bandera Gold (TSX VENTURE:BGL), has provided shareholders with this update on the progress of the first ever drilling program at our Belmira project in Colombia.
Alturas Minerals Corp. (TSX VENTURE:BVL)(BVLAC:ALT) has reported that it has entered into an amendment to the purchase agreement with the vendors of the La Corina property originally signed on April 28, 2010, pursuant to which the Company has the option to acquire a 100% interest in the La Corina copper-gold project, located 70 kilometers northeast of La Serena in Region IV of northern Chile.
Stroud Resources Ltd. (TSX VENTURE:SDR) has announced the 2011 exploration program is underway at its' Santo Domingo Silver Project, North of Guadalajara, Mexico.
Newcastle Minerals Ltd. (TSX VENTURE:NCM) has announced that it has received results from First Lithium Resources Inc.'s drill program on Newcastle's Mollie River Property located approximately four kilometres east of Trelawney Mining and Exploration Inc.'s Chester Gold Complex in northwestern Ontario. First Lithium has an option to earn up to a 75% interest in Newcastle's property.
Balmoral Resources Ltd. (TSX VENTURE:BAR) announced today that the first hole of its winter 2011 program on its wholly owned Martiniere Project, located along the Detour Lake Gold Trend in Central Quebec, has intersected three high-grade gold bearing intervals within a 72.00 metre wide gold zone which returned an average grade of 2.40 g/t gold.
Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCBB:RPMGF) has reported additional assay results from the on-going 2011, core drilling campaign on the Company's 100% controlled Wilco project.
Focus Ventures Ltd. (TSX-V: FCV.V) has announced that its joint venture partner, Compañia de Minas Buenaventura (NYSE: BVN; "Buenaventura"), has commenced a drill program at the Minas Chanca silver property in Peru.
Arch Coal will pay a $4 million fine for clean water violations at four of its mining operations in three different states. The US Justice Department has charged the company with releasing too much iron, manganese, suspended solids and other pollutants into streams in Virginia, West Virginia and Kentucky.
By Joel Scanlon
2 Mar 2011
The Democratic Republic of Congo is going to lift the ban on mining in the eastern sector in March 2010. The Mines Minister Martin Kabwelulu said on Tuesday that the ban on mining activities and exports that was applied to North Kivu, South Kivu and Maniema would be lifted.
By Joel Scanlon
2 Mar 2011
Western Australian finances have gone from a deficit to an opening surplus of $1.1 billion piggybacking on the higher royalties for iron ore this year. The strong earnings from the mining sector have shown the surplus for the first six months of the 2010-11 financial year.
The government of Papua New Guinea has decided to go ahead with the world's first deep sea mine despite protests from local advocacy groups. The company Nautilus Minerals has been granted a licence in January this year to extract gold and copper from the sea floor.
By Dr. Cameron Chai
2 Mar 2011