Nebu Reports Assay Results, Updates Timmins West Gold Area Exploration Progress
Nebu Resources Inc. provides the following update on exploration activities on its Denton Township projects adjacent to properties held by Lakeshore Gold Mines Inc., approximately 30 kilometers southwest of Timmins, Ontario. The Company holds two properties in the area, one of which has been the subject of recent diamond drilling while the other has been the subject of initial exploration and is now...
Diamonds North Discovers Another Gold Source on Amaruk
Diamonds North Resources Ltd. announces the discovery of a gold bearing iron formation on its 100% owned Amaruk property located in Nunavut. Initial regional prospecting returned grab samples with over 0.5 gram per tonne (g/T) gold including a sample yielding 1.2 g/T gold. The sub-vertical sulfide rich iron formation was traced over more than 6.5 kilometres and measures 1 to 5 metres, wide and in areas...
Wallbridge Mining To Expand Drill Program on Rogers Creek Copper-Gold-Molybdenum Property
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...
Canasia Industries Corporation: Visible Gold Intersected at Clone Property
Canasia Industries Corporation announce that the first phase of drilling on the Clone gold property, situated 18km southeast of Stewart, BC, is complete. The Clone property is host to at least four separate, parallel gold-bearing shear zones which contain both sulphide-gold-cobalt and iron oxide-gold mineralization. Altogether 20 holes were drilled testing a variety of targets along these shear zones...
Romios Provides a Status Report on the Drill Program on Its Trek Property in British Columbia
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...
Geo Minerals Acquires Two Additional Copper Porphyry Prospects in Arizona
GEO MINERALS LTD. announce that it has executed a lease-option agreement with Bronco Creek Exploration Inc. (“BCE”) to earn a 100% interest on the Copper Springs and Silver Bell West porphyry copper projects, both located in south-central Arizona. The Copper Springs property, located approximately 90 miles east of Phoenix, consists of 216 mining claims and 640 acres of fee land for a total...
Entourage Mining Settles CMKM Lawsuit; Acquires Brazilian Gold Project
Entourage Mining Ltd. announces that the Company has settled its outstanding legal disputes with CMKM Diamonds Inc. and 101047025 Saskatchewan Ltd.. As a result of the settlement, CMKM will return 4,500,000 (pre-consolidation 45,000,000) common shares of the Company which will be returned to treasury for cancellation. These shares were issued in connection with certain property purchase agreements...
Great Panther Develops Gold Rich Vein at Topia Mine
GREAT PANTHER RESOURCES LIMITED announce that continuing development along the Recompensa vein, at the Topia Mine, Durango, Mexico, is yielding exceptionally high gold grades in addition to silver, lead and zinc. The Recompensa Mine was one of many of the Topia mines that were reopened in January under new mining contracts. It contributed to the successful first quarter at Topia when record highs were...
Southern Energy Completes the Acquisition of the Catalina Silver and Gold Property
Southern Energy Company Inc., a publicly traded resource exploration company, is pleased to announce that it has completed its acquisition of the Catalina Silver and Gold Property located northwest of Santiago, Chile. Pursuant to the terms of the agreement, the Company acquired the property for a total of 2,000,000 shares of restricted common stock at a deemed price of $1.50 per share. About the Catalina...
Murgor starts drilling at Abbott Lake, Saskatchewan
Murgor Resources Inc. announced it will start a drilling program at its Fon property in Saskatchewan, on February 23rd, 2009. The drilling program will be testing a target defined by a large electromagnetic geophysical anomaly detected from surface by InfinitEM and confirmed by borehole Pulse EM method. The anomaly is located less than 100 metres on strike and to the east of the Abbott Lake deposit,...
Latest Mining News
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
Nuinsco Acquires Gold Project in Lake of the Woods Region
Nuinsco Resources Limited announced it has optioned a claim package, collectively referred...
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