Riverstone Resources Inc. announce results from the first twenty three Rotary Air Blast (RAB) drill holes completed on the Company’s Karma gold project in Burkina Faso, West Africa. The holes were drilled in the immediate area of the GG1 deposit, one of four deposits that comprise the Karma project, to test several gold-in-soil geochemical anomalies with the objective of locating new mineralized...
Further to its news release dated March 03, 2009, Garibaldi Resources Corp. announce that wide spaced soil sampling on the Company’s 100% owned Tonichi Project in Sonora, Mexico has identified a significant “gold in soil” anomaly over one of its high priority hyperspectral target areas. The soil geochemical survey outlined strongly anomalous Au values (112 samples returned gold values...
Kootenay Gold Inc. announce drilling is underway at Promontorio. The program is designed to drill untested targets; expand on mineralization discovered at the Pit Discovery; and step-out across the 2km Dorotea Trend. The 5000 meter program expected to be completed by year end, will focus on targets identified by systematic exploration (3D IP Geophysical Survey; Mapping; Sampling; EM Airborne Study;...
The management of Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is headquartered in Toronto and is actively engaged in precious and base metal exploration across North America with a primary focus on gold, silver and copper, provide a status report on the exploration program on its Trek property in northwestern British Columbia that was announced...
Paramount Gold and Silver Corp. announce that the drilling campaign on the San Miguel project was restarted. This drilling program will be conducted in 2 distinct stages, target testing and follow-up resource delineation. Exploration drilling is focusing on the gold-rich parts of the San Miguel mineral system with the goal of defining 2 million gold ounces within the next 12 months. It is anticipated...
SIRIOS RESOURCES INC. recently discovered a group of boulders mineralized in gold and molybdenum on the ESCALE gold property in James Bay, Quebec. Six boulders grading from 0.13 g/t up to 0.52 g/t in gold averaging 0.34 g/t and between 0.002% and 0.16% in molybdenum averaging 0.05% were found within an area of 300 m by 300 m. Data collected until now show a proximal source for these boulders which...
International Tower Hill Mines Ltd. announce the latest drill results from its 2008 resource expansion program at its bulk tonnage Livengood gold project near Fairbanks, Alaska. The exemplary results extend the higher grade Core Zone an additional 300 metres to the south of the southernmost holes used in the mid-year resource update announced October 29, 2008. The new assays, along with early geochemical...
DIOS EXPLORATION just received the first outcropping rock samples results from a two-day reconnaissance on its CHAT BRUN uranium property in the LaGuiche Basin, Quebec, Canada. Ten grab-samples from rock outcrops were collected by Dios geologists on their first visit of this new property. Two biotite-rich samples, located one kilometre apart, returned values of 710 ppm U. They were analysed at the...
Continental Nickel Limited announce additional assay results from the second season of drilling on its 70% owned Nachingwea nickel sulphide project in Tanzania. The Nachingwea project is a 70:30 Joint Venture with IMX Resources NL (“IMX”) of Australia. Continental Nickel is conducting a C$7.0 million exploration program at Nachingwea in 2008 and is well funded with over C$16 million in...
GILLA INC., has entered into a definitive agreement effective October 3, 2008 to acquire all the shares of Terra Merchant Resources Corporation, a private company incorporated in Ontario, Canada. Terra has secured rights to a gold exploration property in Angola, known under the name of Salutar Commercio Mining Concession, located some 120 km north of Cabinda City, Angola. The concession covers approximately...