Dumont sells Utah properties for cash plus royalty

July 17, 2009 Filed Under: Copper Mining, Diamond Mining, Precious Metal  
Dumont sells Utah properties for cash plus royalty

Dumont Nickel Inc. announce that it has concluded a sale of its Utah mineral properties and interests in the Clifton-GoldHill District to Clifton Mining Company (CFTN:USOTC) for USD$255,000 cash and a 0.5% net smelter return royalty against future production proceeds from certain parts of the properties. Dumont established the Utah Joint Venture in 2002 (announced December 18, 2002) with Clifton Mining... 

Tag: , , , ,

Dumont commences drilling of Carlin style gold target at Rattler Project, Utah

May 23, 2007 Filed Under: Diamond Mining, Precious Metal  

Dumont Nickel Inc. is pleased to announce that drilling has commenced at its Rattler Project, Utah, to test the Carlin style disseminated sediment hosted gold target (see also press January 29, 2007). This target comprises a series of surface gold anomalies in calcareous siltstone. The current drill program is the first such program to test the area, and will consist of three to five reverse circulation...