Precious Metal

News & articles about Precious Metal from Mining Top News

Background Info on Elray Resource’s Estimated Million Tonnes Gold Bearing Outcrop

October 1st, 2008
Background Info on Elray Resource’s Estimated Million Tonnes Gold Bearing Outcrop

Elray Resources, Inc., a gold and precious mineral exploration company that recently announced the presence of a million tonne gold bearing outcrop on one of its properties, is pleased to provide the following background information on the project.
The outcrop is on a concession (Title No: 230751), known as the Analhi Project, situated 50 kilometers to [...]

EXMIN and Canarc Resource Finalize Santiago Joint Venture at Batopilas, Chihuahua, Mexico

September 30th, 2008
EXMIN and Canarc Resource Finalize Santiago Joint Venture at Batopilas, Chihuahua, Mexico

EXMIN Resources Inc. announce the signing of the definitive agreement with Canarc Resource Corp. for a joint venture option on a portion of its 45,000 hectare Batopilas project land holdings. A letter agreement was originally signed in September, 2007. EXMIN has received 15,000 Canarc shares and a payment of US$25,000 as part of the [...]

MDN Inc.: Large High-Grade Intersection at 4 km From the Main Zone at Viyonza

September 30th, 2008
MDN Inc.: Large High-Grade Intersection at 4 km From the Main Zone at Viyonza

MDN Inc. announce the results of the first phase of the 2008 drilling program on the Viyonza project, located 15 km north of the Tulawaka Gold Mine in Tanzania. The drill program consisted in 708 metres diamond drilling (DD) in the main mineralized zone in Block A, 5,797 metres of reverse circulation (RC) drilling and [...]

Elray Resources Provides Overview of Senator Project in Area Known to Host a Number of Base Metal and Gold Occurrences

September 30th, 2008
Elray Resources Provides Overview of Senator Project in Area Known to Host a Number of Base Metal and Gold Occurrences

Elray Resources, Inc., a technically driven gold and precious mineral exploration company, provide an overview of the Senator Project, located in a mineral-rich region of Cambodia.
The Senator Mine Project is a very good exploration target with the reported underground working, map reference by the French mapping and reporting of the 1970s and observed mineral and [...]

Roxmark reports encouraging results from drilling on gold veins at Nortoba-Tyson molybdenum/gold property

September 30th, 2008
Roxmark reports encouraging results from drilling on gold veins at Nortoba-Tyson molybdenum/gold property

Roxmark Mines Limited announced that its second surface diamond drilling program for the year has been completed on gold veins at its Nortoba-Tyson moly-gold property, encountering gold mineralization in every hole drilled along the strike length.
A total of 1,358 metres was drilled to delineate the gold mineralization of Veins No.1, 1A and 2. Following the [...]

Pacific North West Capital and Benton Resources Commence Drill Program on Heenan Property, Swayze JV Project

September 30th, 2008
Pacific North West Capital and Benton Resources Commence Drill Program on Heenan Property, Swayze JV Project

Pacific North West Capital Corp. and Benton Resources Corp. are pleased to announce that drilling has commenced on the Heenan Property’s Hussey-Aube gold zone which is part of the Benton-PFN joint venture in the Swayze Greenstone Belt, southwest of Timmins, Ontario. Gold mineralization was first discovered by prospectors J. Hussey and A. Aube in 1997 [...]

Nevada Sunrise Completes IPO and Finalizes Summer Drill Program

September 30th, 2008
Nevada Sunrise Completes IPO and Finalizes Summer Drill Program

NEVADA SUNRISE GOLD CORPORATION has completed its Initial Public Offering (IPO) and commenced trading on Tier 1 of the TSX Venture Exchange on September 22, 2008, under the symbol (CDNX:NEV.V). The Company issued 10 million shares of stock at a price of $0.25 per share for gross proceeds of $2.5 million. Bolder Investment Partners, Ltd. [...]

Kinross Now Owns 94.29% of Aurelian

September 30th, 2008
Kinross Now Owns 94.29% of Aurelian

Aurelian Resources Inc. announced that it has been informed that Kinross Gold Corporation has acquired an additional 5,412,884 common shares of Aurelian under its previously announced offer to acquire all of the issued and outstanding common shares of Aurelian. Kinross now owns 144,102,344 common shares of Aurelian, representing approximately 94.29% of Aurelian’s issued and outstanding [...]

Tao Minerals to Begin Mining Operations at Its El Colmillo Gold Mine

September 30th, 2008
Tao Minerals to Begin Mining Operations at Its El Colmillo Gold Mine

Tao Minerals, Ltd. announce that it will be initiating mining operations at its El Colmillo Gold Mine in early October. According to project manager, Juan Restrepo, P. Geo., the items of equipment, including the electrical generation plant, necessary to begin ore extraction operations are either already on site or in shipment, with arrival due shortly. [...]

Prom Resources, Inc. Announces a Number of Gold Shipments Ready to Refine

September 30th, 2008
Prom Resources, Inc. Announces a Number of Gold Shipments Ready to Refine

Prom Resources, Inc. announce that we have a number of shipments ready to refine. As gold continues to trend forward the company will benefit from its inventories.
“The Gold markets are at great level, and we anticipate strong sales and business developments,” said President of the Company, Dror Moradov.
For further information please visit our website at [...]