Western Sierra Mining Corp. announced that it has initiated pre-production testing for the Gold Basin placer mine, located near Wilhoit, Arizona. Total proven gold reserves for the mine exceed 150,000 ounces, with additional probable and indicated gold reserves of 400,000 ounces.
The Gold Basin Placer Mine is currently being operated under a lease option from Pine [...]
CAPELLA RESOURCES LTD. announce assay results from the 2008 sampling program on its Labrador Base Metals Initiative. The company is actively exploring for nickel, copper, cobalt and other metals in central Labrador. Labrador is largely underexplored and hosts several new nickel and base metal discoveries, including Voisey’s Bay nickel-copper-cobalt deposit.
The Property was flown by a [...]
Tao Minerals, Ltd. announce the following operational activities at its El Colmillo Gold Mine property. Mining and accumulation of ore is underway. Access road improvements and maintenance are nearly completed. Roadwork completion will allow for the delivery of the electrical generation plant, which is on hand, and the Jaw Crusher for the processing plant, which [...]
Deep Blue Marine Inc. announced that the company has entered into a contract to purchase 110 troy ounces of gold from the wreck of the SS Central America which sank off the east coast of the United States of America. The gold ingot was originally recovered by Odyssey Marine Inc. (OMR) and is registered [...]
Golden Star Resources Ltd. (AMEX: GSS - News) (TSX: GSC - News) (GSE: GSR) is pleased to announce that it was recently awarded a prestigious Nedbank Capital Green Mining award in recognition of the creation of and continuing efforts on the Golden Star Oil Palm Plantation project (GSOPP). We are the first non-South African company [...]
Stellar Pacific Ventures announce that it has completed all formalities and received all approvals to signed an agreement with Otish Energy Inc in witch Otish Energy has the option to purchase 100% interest in Stellar’s properties SB1, SB2 and SB3 located in the Otish Mountains uranium district.
The Otish SB1, SB2 and SB3 properties consist [...]
Richmont Mines Inc. announced that they have entered into a definitive agreement for Richmont to acquire all of Patricia Mining’s outstanding shares through a combination of cash and stock. Patricia Mining shareholders will receive $0.15 in cash and 0.055 of one Richmont share for each Patricia Mining share held. The transaction values Patricia Mining at [...]
Mountain Boy Minerals Ltd announces that assays for the surface work from the 2008 exploration program on the 100 % owned BA claims have been received. Assays indicate that at least 4 kilometers of mineralized horizon have been outlined on the BA property. The BA claims are located 30 km east of Stewart in the [...]
Robert Pease, President and CEO of Terrane Metals Corp. announce that Wardrop Engineering Inc. has been awarded the detailed engineering design and procurement contract for the Mt. Milligan Copper-Gold Project in British Columbia, Canada. Wardrop recently completed a Feasibility Study Report for the construction and operation of a conventional truck-shovel open pit [...]
Cartier Resources Inc. announce the discovery of several gold-silver-copper-zinc volcanogenic massive sulphide type mineralization systems on four sectors of the Kinojevis Project.
Previous drilling (KI-08-22, 31, 32, 33 and 25A), prospecting and trenching as well as compilation of the historic to deposits adjacent to the property demonstrate that all the geological elements are present for the [...]
