Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG) reported today that it has commenced its intensive exploration program of the Cerro Las Minitas project, Durango state, Mexico on February 20th, 2011.
Nortec Minerals Corp. (TSX VENTURE:NVT)(PINK SHEETS:NMNZF)(FRANKFURT:WMQ) has announced that it has confirmed the presence of gold mineralization in the northern part of the Company's Tammela Project in southern Finland. The Company holds a 100% interest in Tammela.
Habanero Resources Inc. (TSX VENTURE:HAO) (PINK SHEETS:HBNRF) (FRANKFURT:HRJ) has announced that it has entered into a option agreement with an arm's length vendor to acquire approximately 21,400 acres in Quebec.
Scorpio Gold Corporation (TSX VENTURE:SGN) reports that the application of solution to the leach pad for gold recovery at its 70% owned, fully funded, fully permitted Mineral Ridge Gold Project in Nevada has commenced.
Ressources Appalaches (TSX VENTURE:APP) and StrikePoint Gold (TSX VENTURE:SKP)(OTCBB:STK) have announced the results of six additional drill holes from the 2010 drill program at the Dufferin Mine Project in Nova Scotia among which are drill hole F10-27 containing 38.52 g/t Au over 1.9 m including 146 g/t Au over 0.5 m and drill hole F10-29 with 8.19 g/t Au over 5.6 m including 42.2 g/t Au over 0.3 m and 110.5 g/t Au over 0.3 m.
Northern Gold Mining Inc. (TSX VENTURE:NGM) announced today assay results for six additional diamond drill holes totaling 1,358.6 meters of drill core in the Company's ongoing 30,000 meter drill program at the Garrcon Deposit on the Garrison Gold Property.
Avrupa Minerals Ltd. (TSX VENTURE:AVU) has report on work progress in Kosovo for the past seven months, since Avrupa's inception in July 2010.
Alexandria Minerals Corporation (TSX-V: AZX; Frankfurt: A9D) reports today that it has intersected 3.81 g/t Au over 14.00 m (9.00 m true width), in diamond drill hole SAX-11-01 on its Sleepy project in Val d'Or, Quebec.
The Jericho diamond mine in Nunavut will soon see an investment of $4.6 million as per new owners Shear Diamonds Ltd. The mine was bought by them from Tahera Diamond Corp and Benachee Resources Inc. last summer.
By Dr. Cameron Chai
1 Mar 2011
The state owned mining company recently launched in South Africa is hoping to start producing coal to the tune of 800,000 metric tons of coal by June this year. The African Exploration, Mining and Finance Corporation or AEMFC hopes to produce coal for Eskom Holdings the country's electric utility from a new coal mine in Vlakfontein.
By Dr. Cameron Chai
1 Mar 2011
Brigus Gold is moving closer to commercial production from its underground mining operations at the Black Fox Mine. Located 75 km east of Timmins, Ontario the mine construction was recently completed with the construction of the ventilation and service raise last month. Other underground services are in the final stages of commissioning.
By Dr. Cameron Chai
1 Mar 2011
Oil and gas exploring company Great South Land Minerals (GSLM) is in court hoping that the state government of Tasmania will return the mining titles that it was stripped off. The GSLM titles are supposed to be offered to other interested parties by the state government pending the decision of the Tasmanian Mining Tribunal.
By Joel Scanlon
1 Mar 2011
The South African ban on new mining permits may last longer than the originally planned six months. The Department of Mineral Resources had put a moratorium on new prospecting rights applications to deal with the existing applications and sort out current disputes.
By Joel Scanlon
1 Mar 2011
SEMAFO (TSX:SMF) today announced that as at December 31, 2010, SEMAFO's proven and probable mineral reserves increased by 90% to 36,147,800 tonnes at an average grade of 2.43 g/t Au for 2,817,300 ounces compared to 1,485,900 ounces in December 2009.
Gammon Gold Inc. (TSX: GAM) and (NYSE: GRS) today reported its updated Reserves and Resources, as at December 31st, 2010 which include the addition of 0.5 million gold equivalent ounces (1) to Proven and Probable Reserves and an increase of 0.2 million gold equivalent ounces (2) to Measured and Indicated Resources.