Precious Metal

Results 381 - 390 of about 1,099 news for the category: Precious Metal.

High Desert Gold Announces Update on Bluebird Copper-Silver Project Drill Program

September 27th, 2008

High Desert Gold Corporation announce that it is drilling the sixth diamond drill hole at the Bluebird copper-silver property in western Montana. The initial plan is to drill 850 metres in order to test the continuity of copper and silver mineralization which was previously identified by drilling conducted by Anaconda Copper Company as reported in [...]

NovaGold Closes US$20 Million Bridge Loan Convertible at C$12/Share

September 27th, 2008

NovaGold Resources Inc. announced that it has obtained a secured bridge loan in the amount of US$20 million from Auramet Trading, LLC. Auramet, based in Fort Lee, New Jersey, is a leading merchant banking and advisory firm specializing in the global resource sector. The proceeds of the Loan will be used by NovaGold for general [...]

Rocmec Receives its New Generation Thermal Fragmentation Unit

September 27th, 2008

Rocmec Mining inc. announce that it has received its new generation thermal fragmentation unit from Pro-Ab Equipments (2003) Inc., an official Kubota distributor, located in Val d’Or, Quebec. This first new generation thermal fragmentation unit was designed and built according to Rocmec’s own specifications. Preparations are underway to have it shipped to Nevada as it [...]

Gemini Explorations, Inc. Receives $50,000 Tranche - Announces Potential Purchase of Additional Concessions at La Tapata

September 26th, 2008

Gemini Explorations, Inc. announced that it is in the process of completing the acquisition of two additional mining concessions, which are located geographically adjacent to its existing La Tapata Gold Mine. The purchase of these concessions was funded with a tranche of $50,000 originating from a previously announced financing.
These adjacent concessions are complimentary to Gemini’s [...]

Sterling Mining Company Faces Additional Litigation

September 26th, 2008

Sunshine Precious Metals, Inc. filed with Shoshone County a notarized Declaration and Notice of Default to the Sterling Mining Company for breaching its lease on the historic silver mine in Idaho. The Notice of Default concerns Sterling’s inability or unwillingness to pay their creditors.
“Although we are under no obligation to issue press releases, we recognize [...]

Bandolac Mining Company, Limited Announces the Acquisition of 22 Mining Claims

September 26th, 2008

Bandolac Mining Company, Limited announce the acquisition of 22 mining claims located in the Township of Cadillac, County of Abitibi, in the Province of Quebec, pursuant to a Purchase Agreement dated August 29, 2008 between the Company and Mr. Mitchell E. Lavery of Val-d’Or, Quebec.
In consideration for the claims, the Company issued 1,000,000 common shares, [...]

GoldQuest Reports High Grade Gold Samples From El Toro Project

September 26th, 2008

GoldQuest Mining Corp. report new sample results from its 100% owned El Toro project located in the central Dominican Republic. The El Toro project is excluded from the Gold Fields option agreement.
GoldQuest geologists have recently completed follow-up sampling on the 100% owned El Toro project located six kilometres northwest of the Las Animas project in [...]

Starfire Minerals Inc. announces closing of $810,000 financing substantially with the MineralFields Group

September 26th, 2008

Starfire Minerals Inc. announce that further to its news release of September 5, 2008, the Company has closed the first tranche of its non-brokered private placement and has issued a total of 8,100,000 flow through units (the “FT Units”) at $0.10 per FT Unit. $750,000 of this financing was purchased by the MineralFields Group.
Each FT [...]

Trelawney Gears Up for Drilling Program High Grade Gold Results Now Traced on Surface for Over 100 Metres

September 26th, 2008

Trelawney Resources Inc. reports that a mechanical stripping program has recently been completed on the Dorset Property. Approximately 2,000 m2 of stripping was conducted in the area southeast of the Dorset Zone. This work was done as follow up to stripping conducted late last year, which was suspended due to early snowfall and freezing conditions. [...]

Network Exploration not to proceed with Huevos Rojos Option Agreement

September 26th, 2008

Network Exploration Ltd. announces that it is not proceeding with the Option Agreement for the Huevos Rojos project in Peru and is continuing its campaign to identify and acquire mineral exploration properties in South America.
The Company sees the growing supply of under-valued exploration projects becoming available in South America as an opportunity to increase shareholder [...]