SLAM Exploration Ltd. announces it has received a draft 43-101 Technical Report and resource estimate from Wardrop Engineering Inc. for its wholly-owned Nash Creek Project in New Brunswick. Using a 2% Zinc Equivalent cut-off and after mill recoveries are factored in, Wardrop estimates the Nash Creek deposit contains an indicated resource of 7,807,900 tonnes grading 2.72% zinc, 0.55% lead and 18.26...
Blue Note Mining Inc. announced that it will be initiating a temporary care and maintenance program at its Caribou and Restigouche zinc and lead mines, owned through its wholly-owned subsidiary Blue Note Caribou Mines Inc. Since commercial production was achieved in January 2008, operating performance has continuously improved with all of the original planned production targets being achieved or surpassed....
Blue Note Mining Inc. reports its recent underground exploration drilling at its Caribou mine near Bathurst, New Brunswick has confirmed continuity of mineralization to a depth of 600 meters. Eight holes drilled into Lens 3 on Levels 5 (480m) and 6 (560m) and Lens 2 on Level 5 have successfully delineated additional resources. The best hole intersecting Lens 3 returned 9.23% Zn, 3.75% Pb and 98.75...
Breakwater Resources Ltd. Effective today, Breakwater exercised its right pursuant to the terms of the Unsecured Subordinated Convertible Debenture issued by Blue Note Mining Inc. (formerly, Blue Note Metals Inc.) dated August 1, 2006 to convert the Debenture in exchange for a twenty percent (20%) interest in the mineral properties and mine facilities which comprise the Caribou and Restigouche mines...
Canadian mining company Blue Note Metals Inc. (TSX.V:BNT) will invest $48 million over the next 12 months to revive two dormant zinc mines in northern New Brunswick. Company officials, accompanied by Premier Bernard Lord and other provincial government officials, announced that they expect to have the Caribou and Restigouche mines back in operation by the spring of 2007, producing 100 million pounds...