Timberline Resources Corporation announce that it has received its Amended Exploration Permit from the Montana Department of Environmental Quality (DEQ). This permit authorizes the company to proceed with its underground development and exploration activities as a pre-cursor to production at its Butte Highlands Gold Project. Timberline and its 50% joint venture partner are now authorized to construct...
Timberline Resources Corporation announced the completion of a hydrogeologic study at its 100-percent owned, royalty-free Butte Highlands Gold Project in southwestern Montana. The positive results of the study represent a significant milestone in the permitting process and the proposed underground exploration and development schedule. The study was a requirement for permit application and Timberline...
Quaterra Resources Inc. announces that it has secured an option with the Willow Creek Discovery Group, LLC, to acquire 100% of the Willow Creek porphyry molybdenum prospect in southwestern Montana, 40 miles southeast of Missoula and 10 miles northwest of Phillipsburg. The Willow Creek prospect is located within the prolific northeast-trending Idaho-Montana porphyry belt, which includes major producing...
Delta Mining and Exploration announce that it has finalized exploration plans with Apex Geoscience. Apex will be sending a team to collect samples for microdiamond analysis to Three Buttes on November 17, 2008. The collection of the sample should take no more then a few days, after which the sample will undergo caustic fusion. Results should be known relatively soon thereafter. Delta expects to have...
After consideration and discussion with its geological consultants, Apex Geoscience, Chief Executive Officer Brett Rodli and the Board of Directors of Delta Mining and Exploration have agreed to move forward with the exploration of the Three Buttes kimberlite. Three Buttes has been deemed a bonafide kimberlite, therefore Apex recommends a microdiamond analysis of the Three Buttes property. Delta has...
Timberline Resources Corporation released highlights from a preliminary in-house economic analysis of its 100-percent owned, royalty-free Butte Highlands Gold Project in southwestern Montana. Nearly 100,000 feet of past drilling by major and junior mining companies outlined historic mineralization (pre-dating and not compliant with NI 43-101 or SEC Guide 7) exceeding 500,000 ounces of gold. The preliminary...
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...
The state of Montana is ready to settle a nearly 25-year lawsuit against Atlantic Richfield Co. over environmental damage caused by mining and smelting in Butte and Anaconda. The Montana Department of Justice and the Atlantic Richfield Co. have reached a confidential agreement to settle the final three outstanding natural resource damage claims, according to court documents filed recently in U.S. District...
The O.T. Mining Corporation announces plans to commence its aggressive drill program on its North Anomaly Area porphyry copper-molybdenum zone of mineralization in 2007. The North Anomaly Area forms part of O.T.’s 21.3-square-mile Ruby Property situated in Jefferson County, southwestern Montana. The drilling start-up date is expected to be in early June and targets will be based upon results...