Delta Mining & Exploration Corporation announce that a geophysical work program will begin this week on the Delcer Buttes gold/copper property in Elko County. The property consists of 31 unpatented hard-rock mining claims (680 acres) and lies to the east of the Carlin trend which contains numerous mines producing close to 3 million ounces gold per year in total and south of Long Canyon, Fronteer...
AuEx Ventures, Inc. a TSX listed precious metals exploration company that has a current portfolio of twenty three exploration projects in Nevada, one project in Spain and two projects in Argentina announce that it has entered into an Exploration Earn-in Agreement (“Agreement”) with Golden Dory Resources, Corp. (“GDR”) of Gander, Newfoundland, Canada concerning the Company’s...
New Dimension Resources Ltd. and its wholly-owned subsidiary Dimension Resources (USA) Inc. (the “Company” or “New Dimension”) are pleased to announce that a 2,000 metre Phase I reverse circulation (“RC”) drill program has commenced at New Dimension’s Reese River Project (the “Property” or “Reese River”) in Nevada. The Phase I drill...
Murphy Oil Corporation announced an oil discovery at the Samurai prospect located in Green Canyon Block 432 in the Gulf of Mexico. The well was drilled in approximately 3,400 feet of water to a total depth of near 31,700 feet. The well encountered in excess of 120 feet of net pay in high quality Miocene Sands. Murphy holds a 33.33% working interest in the discovery. Other equal partners include the...
Gold Canyon Resources Inc. announce that its wholly owned subsidiary Gold Canyon Kratz Spring LLC and its joint venture participant Japan Oil, Gas and Metals National Corporation (JOGMEC) have reached an agreement for the April 2009 – March 2010 fiscal year work program and budget on May 15, 2009. Under the terms of the Joint Exploration Agreement (JEA), JOGMEC holds an 80% option to all of the...
AuEx Ventures, Inc., a precious metals exploration company announce that core and reverse circulation drilling has commenced at both the Long Canyon and West Pequop Joint Ventures located in the Pequop Gold District in Elko County, Nevada. Long Canyon is a joint venture with Fronteer Development Group Inc. who owns 51% and is operator. West Pequop is a joint venture with Agnico-Eagle Mines Limited...
Yukon-Nevada Gold Corp. announce that it has recommenced processing ore and pouring gold at its roasting facility at Jerritt Canyon, Nevada. The first gold pour since permission was received from the Nevada Division of Environmental Protection (NDEP) for the restart of the milling facility was attended by the President and CEO of Yukon-Nevada Gold Corp. (YNG), Graham Dickson, the CFO of YNG, Shaun...
Noble Energy, Inc. announced a discovery at the Santa Cruz prospect in Mississippi Canyon Blocks 519/563. The well, located in 6,515 feet of water, was drilled to a total depth of approximately 18,900 feet. Open-hole logging indicated over 140 feet of net gas condensate pay and more than 110 feet of net oil pay in multiple high-quality reservoirs. The overall thickness of the reservoirs encountered...
BHP Billiton announced that first oil and natural gas production has commenced from the Shenzi development in the deepwater Gulf of Mexico. The tension leg platform (TLP) has a nominal capacity of 100,000 barrels of oil per day and 50 million cubic feet per day of natural gas, on a 100 percent basis. The Shenzi facility is located approximately 120 miles (195 kilometres) off the Louisiana coastline...
Gold Canyon Resources Inc. announce the completion of the first National Instrument 43-101 compliant Technical Report for the Horseshoe Island Project. The Technical Report was received from Carl D. Huston, P.Eng., an independent mining consultant and Qualified Person. The Horseshoe Island Property, located in Northwestern Ontario, is composed of 2088 hectares of contiguous mineral claims. The property...