The Board of Mustang Minerals Corp. announce an agreement to explore the East Bull Lake Project, 80km west of Sudbury in Ontario, Canada.
Western Areas can earn a 65% interest in the project from Mustang Minerals by funding up to C$4.5M in two stages over five years. The project includes net smelter royalty interests. The main [...]
Mechel OAO, one of the leading Russian mining and metals companies, announces that a new long wall face has been commissioned at the Olzherasskaya-Novaya Mine, at its Southern Kuzbass OAO coal mining subsidiary.
New high productive long wall face No. 21-1-3 in seam 21 has been commissioned at the Olzherasskaya-Novaya Mine.
Mechel invested approximately $100.0 million (RUR2.5 [...]
Diamond Discoveries International Corp. a U.S. company focusing on diamonds, precious and base metal exploration in the province of Quebec, is pleased to announce that its wholly owned subsidiary, Platinum Discoveries Corp, has commenced evaluation of its 100% owned Caribou project in the Thetford Mines area of Southern Quebec. Sampling of the eleven (11) showings [...]
Fletcher Nickel Inc has discovered a new sulphide nickel occurrence with two adjacent surface grab samples returning an average value of 0.45% nickel. The new discovery was made during prospecting on the wholly owned Otter claim block in the northwest corner of Hutt Township. Mineralization occurs as disseminated sulphide within a peridotite which is similar [...]
Duluth Metals Limited provide a progress report on activities currently underway and planned for the Fourth Quarter, 2008. The Company’s cash position remains strong with approximately CAD$16 million cash on hand.
The Company is currently in the process of final bid selection for choosing the engineering consultants to complete the Nokomis Deposit Pre-Feasibility Study. The Company [...]
Seafield Resources Ltd. reports that a drill was recently mobilized to the Seafield Fire property, optioned earlier this year from Noront Resources Ltd. and is testing the first of several geophysical anomalies located by the earlier airborne survey. The property is located in the “Ring of Fire”, McFauld’s Lake area, Ontario, some 60 km north [...]
Bekem Metals Inc. announced that it has completed initial pilot testing of various technologies for processing nickel ore from its Kempirsai deposit. The testing was conducted in the United Kingdom, Russia and Kazakhstan. The Company has also received final pre-feasibility study reports (PFS).
The Company has spent the past several years analyzing and pilot testing a [...]
Michael Sweatman, Pacific Coast Nickel President, stated that, “We have wrapped up the Burwash drilling for 2008 and will now wait for results, which will be available for interpretation in October.”
Pacific Coast Nickel has an Option Agreement from Strategic Metals Ltd., who, along with Archer Cathro & Associates, are the operators of the project.
There were [...]
Northern Shield Resources Inc. announce that the first phase of drilling at Max has been completed with four holes drilled and a second phase of drilling has commenced. Northern Shield has the option to earn up to a 66% interest in the Max property from East West Resource Corporation (”East West”) (EWR - TSX-V). All [...]
Defying the area’s economic downturn, Kolene Corporation reported today it received more than $1.5 million in new equipment orders from aerospace companies. The orders include:
– Two automated systems for removing molybdenum disulfide lubricants from titanium fasteners used in military and commercial aircraft and other critical high performance applications. One system will be installed at Air [...]
