Thunder Mountain Gold Identitifies New and Significant Gold Anomaly at Their South Mountain Project
Thunder Mountain Gold, Inc. announced that it has identified anomalous gold mineralization in previously unexplored, multi-lithic intrusive breccia at the Company’s 100% owned and controlled South Mountain property in Owyhee County, Idaho. The newly identified gold targets significantly raise the potential for discovery of gold resources on the 868 acres of private land that make up the Company’s...
Dana Resources Acquires 1.17 Million Ounce Advanced Stage Collota Gold Deposit in Peru
Dana Resources, a US-based precious metals exploration and development company, is pleased to announce that it has successfully acquired the advanced stage Collota Gold Deposit in Peru. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions. The Collota Gold Project is located in Northern Peru in the region of Ancash on the eastern side...
Invensys Provides Advanced Process Control for Chile-Based Codelco
Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, today announced that it has partnered with Codelco, the world’s largest copper producer, on a corporate-wide development agreement to improve the performance and longevity of Codelco’s processing assets at the smelters areas, increasing...
Affinity Gold Corp. Announces Reduction in Authorized Common Shares
Affinity Gold Corp. announce a recent amendment to its Articles of Incorporation by reducing the amount of authorized common shares. Effective July 23, 2009, the Company amended its Articles of Incorporation by reducing its authorized capital of 2,700,000,000 shares of Common Stock with a par value of $0.001 per share and 10,000,000 shares of Preferred Stock with a par value of $0.001 per share to...
Medoro Signs Letter of Intent to Acquire Colombia Gold plc
Medoro Resources Ltd. a gold exploration and development company focused on acquiring properties of merit for potential joint ventures with senior producers announced that it has executed a letter of intent to acquire all of the issued and outstanding shares of Colombia Gold plc, a privately held UK company whose main assets are the mining rights to the Echandia property. The Echandia property lies...
Northern Superior Resources Inc. Announces Financing With the MineralFields Group
Northern Superior Resources Inc. announce that it has negotiated a private placement with the MineralFields Group raising $1,000,000 of proceeds (the “Financing”). The funds raised are to be utilized to further exploration work on the Company’s Wachigabau gold project in Quebec. “We are very pleased to be entering into this relationship with MineralFields Group”, said...
Midex to Confirm That Phase One Exploration Yielded 41 Diamonds and Diamond Cleavages
Midex Gold Corp., announced the company will review the gemological results which confirmed the presence of diamondiferous alluvial gravels from the Magembe diamond property in the Shinyanga District of northwestern Tanzania. “The objective is to evaluate indicated diamond potential from both alluvial and kimberlitic sources,” stated Morgan Magella, president of Midex. REVIEW OF PHASE ONE...
Quri Resources, Inc. Signs LOI to Acquire Melina Project in Ecuador
Quri Resources, Inc. entered into a Letter of Intent with G&G Mining Corp., granting Quri Resources the option to acquire the Melina Project in Ecuador. Quri Resources, Inc. plans to acquire 100% interest in the Melina Project. This property is located 150 kilometers northwest of Quito. Access to the project is via paved roads maintained by the municipality of Pichincha. The Melina Project has...
Premier signs Memorandum of Understanding with Ginoogaming First Nation
Premier Gold Mines Limited, a well-financed mineral exploration and development company based in Canada, with mineral interests and deposits in Northwestern Ontario and a joint venture in Mexico announce that the Company has signed a Memorandum of Understanding (MOU) with Ginoogaming First Nation. This agreement establishes a commitment by both parties for a mutually beneficial, co-operative, productive...
Centerra Gold Operating Licenses Reinstated at the Boroo Mine
Centerra Gold Inc. announces that the Chairman of the Minerals Resources Authority of Mongolia has issued a decree reinstating the Boroo Mine’s main operating licenses. The decree annuls the earlier suspension order received by the Company on June 12, 2009. The Company expects that the Boroo mine will resume full mining and milling operations in the next few days. The Company is continuing its...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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