Full Metal Identifies New High Grade at Nadaleen Project, Yukon Territory

Full Metal Minerals Ltd. announce the results of an extensive surface mapping, rock and soil sampling program from the 100% owned Nadaleen Zinc-Lead-Silver Project, Yukon. The Nadaleen Project area comprises six prospects staked by Full Metal, targeting carbonate-replacement style deposit (CRD) hosting widespread silver-lead-zinc mineralization. High grade mineralization was discovered along 3,200... 

Tag: top three lead mines

Golden Phoenix Implements Corporate Cost-Cutting Measures

Golden Phoenix Minerals, Inc. announced that the Company has initiated a comprehensive cost-cutting program designed to conserve operating cash reserves in the face of the current financial upheavals impacting the international business community. Conservation measures include trimming the corporate staff, rescheduling non-essential projects, and voluntary deferral of salaries, including 100 percent... 

Tag: cost cutting mining maintenance, chu moly, major steps cost cutting in corporate

Elray Resources: GPX Aeroscience to Execute Aeromagnetic & Radiometric Survey on Heavily Mineralized Cambodian Property

Elray Resources, Inc., a technically-driven gold and precious metal mineral exploration company, announced today that it has hired GPX Aeroscience Pty Ltd, a highly respected Australian aeromagnetic and radiometric survey company, to survey 90km sq of its Porphyry Creek prospect in Northern Cambodia. “The awarding of this contract marks the commencement of exploration activities in what the Company... 

Tag: cambodia lithium mining companies, lithium mining in cambodia, aeromagnetic survey methods for lithium, gpx surveys australia news, behre dolbear lithium

Full Metal Options Mount Andrew IOCG Property to Mosam Capital

Full Metal Minerals Ltd. and Mosam Capital Corp. have entered into a Binding Letter of Intent whereby Mosam can earn a 60% interest in Full Metal’s Mount Andrew Property, subject to acceptance from the TSX Venture Exchange. Mosam has the option to earn a 60% interest in the Property by incurring exploration expenditures totaling $3,000,000 over four years ($200,000 first year). Additionally,... 

Tag: full metal services venture capital, mosam commence exploration, mt andrews mining alaska, geo mosam, mercury iocg

North American Gem Inc. Receives 69 Coal Prospecting Permits North of Hudson Bay, Saskatchewan

North American Gem Inc. announce that 69 Coal Prospecting Permits have been issued to the Company in Saskatchewan, near the most recent coal discovery by Goldsource Mines Inc.. The Coal Prospecting permits cover 134,600 acres (52,992 hectares) and comprise the first set of Coal Disposition Applications that were filed by North American Gem that received first priority status from Saskatchewan Energy... 

Elray Resources Provides Overview of Senator Project in Area Known to Host a Number of Base Metal and Gold Occurrences

Elray Resources, Inc., a technically driven gold and precious mineral exploration company, provide an overview of the Senator Project, located in a mineral-rich region of Cambodia. The Senator Mine Project is a very good exploration target with the reported underground working, map reference by the French mapping and reporting of the 1970s and observed mineral and waste materials on the surface. The... 

Elray Resources Provides Overview to Analhi Project Located in Mineral-Rich Region

Elray Resources, Inc., a technically driven gold and precious mineral exploration company, is pleased to provide an overview of the Analhi Project, located in a mineral-rich region of Sinaloa, Mexico. The Analhi Project is located 50 kilometers to the east of Guasave City at Sinaloa state, about 10 kilometers from water and power supplies, 30 kilometers away from a railroad station and about 120 kilometers... 

Drilling Begins at Fire Project, James Bay Lowlands, Ontario

Seafield Resources Ltd. reports that a drill was recently mobilized to the Seafield Fire property, optioned earlier this year from Noront Resources Ltd. and is testing the first of several geophysical anomalies located by the earlier airborne survey. The property is located in the “Ring of Fire”, McFauld’s Lake area, Ontario, some 60 km north of Noront’s Eagle One high grade... 

Tag: dimond core drilling tenders botswana 2009

Canadian Mining Appoints SJ Geophysics Ltd.

Canadian Mining Company Inc. report extensive progress in the ongoing exploration program on its San Bernardo Project located in Sonora, Mexico. Mr. Ray Paquette CEO announces the Company has appointed SJ Geophysics Ltd. to conduct a 3D Induced Polarization/Resistivity Survey on the property’s past producing El Gochico mine, which was operated by Penoles from 1981 – 1985. The El Gochico... 

Global Minerals Completes Second and Final Drawdown in $2 Million Loan Financing with Investec Bank (UK) Limited

Global Minerals Ltd. announce that it has closed and completed the second and final drawdown (US$1,250,000) of the US$2,000,000 convertible loan facility with Investec Bank (UK) Limited (LONDON: INVP) (JOHANNESBURG: INP) (“Investec”). The Company completed its initial drawdown of US$750,000 on August 15, 2008. The loan will be used by Global Minerals primarily for expenditures related... 

Tag: vale johannesburg