Pele Mountain Resources Inc. announced the start of diamond drilling at its East Highland Gold project in Northern Ontario. East Highland is 100-percent owned by Pele Gold Corporation, a wholly owned subsidiary of the Company. Pele focused its efforts at East Highland in the late-1990s, concluding with the successful mining and processing of bulk samples at the Markes and ‘A’ zones in 1999....
Wallbridge Mining Company Limited announced today that the Company will expand its drilling program on the Rogers Creek property to 2,500 metres on the basis of copper and molybdenum mineralization observed in diamond drill hole WRC-001. The distribution of mineralization and alteration intersected in WRC-001 is consistent with many porphyry-style mineral deposits in South America and will be used...
Cronus Resources Ltd. announce that it has entered into an amended and restated letter of intent dated October 9, 2009 with Continental Gold Limited (“Continental”), an arm’s length Bermuda based gold exploration company with a portfolio of properties in Colombia, pursuant to which Cronus (or a subsidiary thereof) will amalgamate with Continental to further develop the properties...
Metanor Resources Inc. is pleased to announce the beginning of an intense exploration campaign on the Barry property in order to locate the lateral extension and extensions at depth of the gold bearing mineralized zones in the area of the Main zone and in order to discover new similar gold bearing zones on the whole of the property. The Barry property is located in the Urban-Barry belt, approximately...
SLAM Exploration Ltd. announces it has mobilized a prospecting crew to explore for rare earth elements (“REE”) and follow up high levels of yttrium and phosphorus detected on its Nash Creek property in New Brunswick. SLAM has researched Provincial records and found a REE occurrence located approximately 2 km west of the yttrium-phosphorus soil anomalies within its extensive Nash Creek claim...
Lake Shore Gold Corp. announced encouraging results from 25 new holes, 6 wedge holes and one hole extension (12,085 m) at the Company’s 100% owned Bell Creek property. The most significant results being reported are from Hole BC-09-53, which intersected 12.67 gpt Au over 14.40 m, including higher grade zones of 16.73 gpt Au over 10.0 m (including 29.90 gpt over 2.0 m and 18.48 gpt over 2 m). BC-09-53...
ProspEx Resources Ltd. is providing an operational update with respect to certain projects within its 2009 capital program. “Flow test results from our East Kakwa horizontal well have exceeded expectations, validating the concept of a repeatable horizontal drilling development on our lands”, said John Rossall, President and Chief Executive Officer. “I am also excited to announce that...
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...
Blackstone Ventures Inc. announces that a diamond drill rig has now been mobilized to its 100% owned Norbotten Iron Oxide-Copper-Gold (IOCG) project in northern Sweden and will begin drilling immediately. The drill will begin testing the Induced Polarization (IP) chargeability anomaly that was recently outlined in the vicinity of the Vesa copper gold showing and reported in a press release dated July...
Northern Superior Resources Inc., a junior exploration company whose focus is exploring for gold on the Superior Province of the Canadian Shield report that it has entered into an option / joint venture agreement with International Nickel Ventures Corporation (INV) on Northern Superior’s Thorne Lake gold property. By entering into this option agreement, exploration on Northern’s Thorne...