Archive for August, 2009

Canasia Industries Corporation: Visible Gold Intersected at Clone Property

Monday, August 31st, 2009
Canasia Industries Corporation: Visible Gold Intersected at Clone Property

Canasia Industries Corporation announce that the first phase of drilling on the Clone gold property, situated 18km southeast of Stewart, BC, is complete. The Clone property is host to at least four separate, parallel gold-bearing shear zones which contain both sulphide-gold-cobalt and iron oxide-gold mineralization. Altogether 20 holes were drilled... readmore

MPH Ventures Issues Shares to Rubicon Minerals, Updated NI 43-101 Resource Calculation to be Completed

Monday, August 31st, 2009
MPH Ventures Issues Shares to Rubicon Minerals, Updated NI 43-101 Resource Calculation to be Completed

MPH Ventures Corp. announces that it has issued 25,000 common shares in connection with its Property Option Agreement dated November 15, 2007 with Rubicon Minerals Corp. whereby the Company has been granted an option to earn a 100% interest, subject to a 2% net smelter return royalty, in the Echo Township property located in the Patricia Mining Division,... readmore

Romios Provides a Status Report on the Drill Program on Its Trek Property in British Columbia

Monday, August 31st, 2009
Romios Provides a Status Report on the Drill Program on Its Trek Property in British Columbia

The management of Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is headquartered in Toronto and is actively engaged in precious and base metal exploration across North America with a primary focus on gold, silver and copper, provide a status report on the exploration program on its Trek property... readmore

Orvana Announces Expiry of Bid and Additional Take Up of Kinbauri Shares

Monday, August 31st, 2009
Orvana Announces Expiry of Bid and Additional Take Up of Kinbauri Shares

Orvana Minerals Corp., a well-established mine operator with an experienced management team that has collectively brought a number of underground mines into production announced that, prior to the expiry of its offer to purchase all of the outstanding common shares of Kinbauri at 11:59 p.m. (Vancouver time) on August 28, 2009, an additional 19,227,637... readmore

Blue Note Mining Mobilizes Drill Rig on Williams Brook Gold Property

Monday, August 31st, 2009
Blue Note Mining Mobilizes Drill Rig on Williams Brook Gold Property

Blue Note Mining Inc., a Canadian mineral exploration and mining company headquartered in Montreal with operations in Bathurst, New Brunswick reports that it has engaged Logan Drilling of Stewiacke, Nova Scotia, to begin a 10-hole drilling program on Blue Note’s Williams Brook Gold property located near Bathurst, New Brunswick. The aim of this... readmore

Geo Minerals Acquires Two Additional Copper Porphyry Prospects in Arizona

Friday, August 28th, 2009
Geo Minerals Acquires Two Additional Copper Porphyry Prospects in Arizona

GEO MINERALS LTD. announce that it has executed a lease-option agreement with Bronco Creek Exploration Inc. (“BCE”) to earn a 100% interest on the Copper Springs and Silver Bell West porphyry copper projects, both located in south-central Arizona. The Copper Springs property, located approximately 90 miles east of Phoenix, consists of 216... readmore

Dana Resources Evaluating Joint Venture Opportunities on Base Metals Assets

Friday, August 28th, 2009
Dana Resources Evaluating Joint Venture Opportunities on Base Metals Assets

Dana Resources, a US-based precious metals exploration and development company, is pleased to announce it is meeting with joint venture candidates about Dana Resources’ base metals projects. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions. Dana Resources owns two advanced staged... readmore

North Bay Resources Inc. Completes Coronation Gold Joint-Venture Agreement

Friday, August 28th, 2009
North Bay Resources Inc. Completes Coronation Gold Joint-Venture Agreement

North Bay Resources Inc. announce that it has finalized and signed a contract with Lincoln Resources Inc. (“Lincoln”), a private Nevada corporation, to enter into a joint-venture for the development of North Bay’s Coronation Gold Property. Terms of the agreement call for Lincoln to commit up to $1.5 million CDN over three years for... readmore

Macarthur Minerals Completes Acquisition of Interest in Lake Giles Project From LPD Holdings (Aust) Pty Ltd.

Friday, August 28th, 2009
Macarthur Minerals Completes Acquisition of Interest in Lake Giles Project From LPD Holdings (Aust) Pty Ltd.

Macarthur Minerals Limited has now completed the acquisition of a 10% interest in Internickel Australia Pty Ltd. (IAPL) from LPD Holdings (Aust) Pty Ltd. (LPD) in exchange for the issuance of 1,572,326 common shares in Macarthur Minerals Limited (MMS) at a deemed price of C$2.12 per common share. The shares will be subject to a four month hold period... readmore

Dutch Gold Resources Announces Drilling Plans for Aultra Gold, Inc. Montana Projects, Progress on NI 43-101 Report

Thursday, August 27th, 2009
Dutch Gold Resources Announces Drilling Plans for Aultra Gold, Inc. Montana Projects, Progress on NI 43-101 Report

Dutch Gold Resources, Inc. outlined its near term plans for the initial development of the Montana and Nevada projects of the Aultra Gold, Inc transaction. Daniel Hollis, CEO of Dutch Gold Resources, stated, “After the closing in September of the Aultra Gold transaction, we expect to commence a bulk sampling program at the Basin Gulch project... readmore