New Dawn Mining Corp. reported that it has determined to suspend gold production at the Turk Mine in Zimbabwe and place the mine on temporary “care and maintenance” effective October 3, 2008. This action was taken as a result of the continued non-payment of amounts receivable for the sale of gold to the Reserve Bank [...]
Xtierra Inc. announce that planned step-out drilling has commenced at its Bilbao zinc-silver-copper-lead project in Zacatecas, Mexico. The drilling will comprise of approximately 4,000 metres to evaluate the continuity of the mineralization to the northwest of the existing deposit where recently completed hole X-42 identified significant mineralization. Drilling will also concentrate to the southwest where [...]
Tao Minerals, Ltd. provide update regarding the status of the company’s current financing arrangements. Tao and the lender of the $1,000,000 financing previously announced in a news release dated April 10, 2008 have jointly agreed to the cancellation of that agreement. Due to the cancellation of the agreement, Tao will not be filing the [...]
Keegan Resources Inc. announce the results of the stream sediment survey on the recently acquired Mt. Olives concession at its Asumura project in NW Ghana. The most significant find of the program is an 18 km long zone of anomalous stream sediments that suggest the potential for a significant regional zone of mineralization. Keegan is [...]
Bear Lake Gold Ltd. announce the planned addition of a fourth diamond drill to continue the definition and exploration program at Larder Lake.
“The current drilling program on the Bear Lake gold zone is progressing well, and returning some outstanding gold intercepts,” said Francois Viens President and CEO of Bear Lake. “With drill targets in excess [...]
USCorp announced the addition of ten 20-acre lode mining claims at its Twin Peaks Project in Yavapai County, Arizona. USCorp’s Twin Peaks project now consists of 151 lode claims on 3,020 acres.
These 10 additional claims have filled in the “holes” in the otherwise contiguous Twin Peaks claims group in the northeast Crosby section and added [...]
Silver Falcon Mining, Inc. announces the signing of a memorandum of agreement to purchase all of the assets of Mineral Extraction Company (Minex).
Part of those assets, namely the SINKER TUNNEL complex, will give us access to the workings of all of our tunnels and shafts on a year round basis, as well as allowing us [...]
Alexco Resource Corp. announce that it has entered into a silver purchase agreement with Silver Wheaton Corp. under which Silver Wheaton will purchase 25% of the life of mine silver produced by Alexco from its Keno Hill Silver District in Canada’s Yukon Territory. The agreement anticipates that the initial silver deliveries will come from the [...]
Gossan Resources Limited has retained Hatch of Montreal, Canada, to provide engineering process support for the Inwood Magnesium Project The agreement covers a 5-phase work program culminating with the opening of a Certificate of Authorization file with the Manitoba government for construction and environmental approvals for a production facility at Inwood, located in south-central Manitoba.
The [...]
Constitution Mining Corp. announces the appointment of Dr. Michael Stocker to serve as the company’s Chairman of the Board.
The Board of Directors appointed Dr. Michael Stocker to serve as a member and Chairman of the board of directors. Dr. Stocker replaces Patrick Gorman as Chairman of the board of directors and Mr. Gorman will continue [...]
