Kent Exploration Inc. announce that it has jointly executed with Teck Australia Pty Ltd (Teck), a proposal by the Company to earn 100% of Teck’s interest in the Gnaweeda Gold Project in the northern Murchison Province of Western Australia. Teck currently has the right to earn a minimum 70% interest in the Project from Chalice Gold Mines Ltd, an ASX-listed company. The Gnaweeda Project, which...
Golden Chalice Resources announce the discovery of new nickel mineralization approximately 500 meters east of the Langmuir Nickel Discovery Zone at its Langmuir Property, 35 km southeast of Timmins, Ont. Hole GCL09-11, the last hole of the 2009 winter drilling program, returned elevated nickel mineralization grading up to 0.34% nickel over a 2.4-meter drilled width from 372.50 to 374.90 meters, which...
Silver Verde May Mining Company announce that it has signed a letter of intent to acquire all of the issued and outstanding shares of Golden Eagle Mining Co., Inc.. Upon completion of due diligence and further director approvals, Verde May will issue 14,287,680 of its common shares to acquire all of the shares of Golden Eagle. Golden Eagle is an Idaho corporation incorporated in 1968. Golden Eagle...
Avanti Mining Inc. (CNQ: AVMI) (“Avanti”) is pleased to announce a Canadian Institute of Mining, Metallurgy and Petroleum (CIM) compliant resource estimate for the Kitsault Molybdenum Mine, located in British Columbia. At a 0.04% Mo cut-off grade, this estimate contains an Indicated Mineral Resource of 158 million tonnes grading 0.10% Mo, containing 348 million pounds of molybdenum, and...
Golden Chalice Resources Inc. is pleased to announce that drilling has commenced on the Company’s Radio Hill Property, which is located approximately 76 kilometres southwest of Timmins, Ontario. The Radio Hill Property has potential to host gold, nickel, copper, zinc or iron ore deposits. A historical non-compliant 43-101 resource was calculated for the iron mineralization on the Property in...
Mesa Uranium Corp. is pleased to announce commencement of drilling at its 100%-owned Lisbon Valley project in San Juan County, Utah. Bob Beeman Drilling Company of Moab, Utah has been selected as the drilling contractor and Jet West Geophysical Services of Farmington, New Mexico will provide drill hole logging services. Drill programs have been designed for the following target areas with an expected...
Australian uranium explorer UraniumSA is the latest company trying to capitalise on investors’ demand for the radioactive metal. The company is expected to list on the Australian Stock Exchange (ASX) later this year. UraniumSA has struck a joint venture with Australian listed Marathon Resources for exploration over three of the latter company’s central Gawler Craton tenements in South Australia....
Unico, Incorporated , a natural resource company in the precious metals mining sector, today announced that wholly- owned subsidiary Deer Trail Mining Company, Inc. has signed an agreement to acquire 70 additional mining claims covering 1,500 acres in Piute County Utah for the purpose of conducting exploration, evaluation, and mining activities, including pre-production feasibility studies and underground...
Roca Mines Inc. announces that it has formed a senior exploration board for the Company’s MAX Molybdenum Project, located 60 kilometres (36 miles) southeast of Revelstoke, British Columbia. Phase I construction and mine development activities at MAX are progressing on schedule with site work focusing on the mine to commence production by late 2006. With many of the Company’s project milestones...
A Northern Territory mining company hopes to have a rare earth mine up and running within five years. The rare element is a key ingredient for new technology including computer screens, rechargeable batteries and environmentally-friendly hybrid vehicles. Read More →