JNR Resources Inc. has received confirmation from Altius Resources Inc. that the company has earned an undivided 70% participating interest in the project. The Company has also received the final interpretation of a water geochemical survey carried out in the summer of 2008, and a preliminary interpretation from a recently completed 22.7 km induced polarization (IP) survey over several high priority...
Azimut Exploration Inc. reports that its partner Goldcorp Inc. will start a 2,800-metre diamond drilling program in early February to test several quality gold targets on the Wabamisk property in the James Bay region, Quebec. Wabamisk is located 70 km south of Goldcorp’s Eleonore property that hosts the Roberto gold deposit. Azimut considers that the Wabamisk property shares several characteristics...
Newport Gold Inc. announce that the Company has been informed by its consulting geologist, Daniel Huang, that two diamond drill holes on the TJYZ property were completed on October 28th, 2008. The first hole was spotted 7m south of the central part of the open pit and drilled to a depth of 129 m. The second hole was spotted 8m south of the first and drilled to a depth of 150m. Hole 1 was drilled at...
Keegan Resources Inc. announce the results of the stream sediment survey on the recently acquired Mt. Olives concession at its Asumura project in NW Ghana. The most significant find of the program is an 18 km long zone of anomalous stream sediments that suggest the potential for a significant regional zone of mineralization. Keegan is currently further defining this zone with soil and augur sampling....
Keegan Resources Inc. announce additional results from step out drilling up to 900 meters south of the boundary of the existing 43-101 resource at the Esaase property. Highlights include 23 m @ 4.2 g/t Au, 26 m @ 2.51 g/t Au, and 26 m @ 1.49 g/t Au. Keegan is continuing to test mineralization in the south extension of the A-1 zone both down and up dip of previous drilling. The drill holes in this area...
Abitex Resources Inc. announce that it has now completed the acquisition of Central Uranium Corporation as per the terms of a share exchange agreement dated September 12, 2008, the whole subject to final regulatory approval. A total of 13,366,774 Abitex Shares were issued to Central shareholders in consideration for their Central Shares. In addition, 5,585,500 Central purchase warrants were exchanged...
Abitex Resources Inc. Mr Yves Rougerie, President and CEO of the Company is very pleased to announce that, further to its press release dated April 9, 2008, it has entered into a share exchange agreement with Central Uranium Corporation pursuant to which Abitex will acquire all of the issued and outstanding common shares of Central in exchange for common shares of Abitex on a “one for one”...
Azimut Exploration Inc. and its partner Majescor Resources Inc. report encouraging results from their summer 2008 exploration program at the West Minto property in Nunavik, Quebec. A 10-day prospecting program allowed for a preliminary assessment of 17 kilometric-scale target areas that were previously defined by helicopter-borne geophysics (press release of October 11, 2007). Uranium mineralization...
Majescor Resources Inc. and partner Azimut Exploration Inc. report encouraging results from their summer 2008 ground reconnaissance program at the West Minto property, Nunavik, northern Quebec. During the course of a 10-day field program, uranium mineralization was uncovered in both outcrop and in boulders across a 30-km portion of the AB claim block, with assays of up to 0.90% U3O8 (19.7 lbs/ton)...
Azimut Exploration Inc. reports the prospecting discovery of a 6-km-long radioactive zone on its Daniel Lake property in the eastern part of the Ungava Bay region of Nunavik, Quebec. The delineation of this new zone (the “Puqila Zone”) further confirms the district-scale uranium potential of the region. Azimut previously reported significant uranium mineralization on its adjacent North...