BOLERO RESOURCES CORP. announces today that the camp is now set up on Arcadia and drilling is about to commence. Bolero has the right to earn 50% of the Arcadia Property from Alix Resources Corp (AIX-TSX:V) (37N-FRANKFURT). The Arcadia property represents an Archean lode-gold deposit located on the Arctic Ocean in Canada’s Nunavut territory, west of Bathurst Inlet and 140 kilometres west of...
Donnie Lewis says he’d quit the coldest, dirtiest job he’s ever known — drilling in Canada’s oil-rich bogs for Suncor Energy Inc. — if it wasn’t for the free private room, maid service and five-course meals. “I wouldn’t do it if I had to share a room with six other fellows, all snoring and making a racket when you’re trying to get a few winks,”...
As lawmakers on Capitol Hill prepare for negotiations on competing proposals to expand domestic offshore oil and gas drilling, most Democrats running to replace Rep. Ed Case in the U.S. House say they would not support the lower chamber’s version of the bill. “Clearly, H.R. 4761 is a knee-jerk solution that endangers the environment, namely coastal life, and lives of brave men and women...