EurOmax Resources Limited announce that it has commenced a 13 square kilometre geophysical program and a 2,500 metre diamond drilling program at Ceovishte to test two large gold bearing breccia bodies. During 2008 EurOmax completed a detailed mapping and soil geochemistry program defining a 6 kilometer long zone of strongly altered andesite volcanics and intrusives with abundant ancient mine workings....
Gossan Resources Limited has been advised by its joint venture partner, Marathon PGM Corporation, that the planned winter drilling campaign at the Bird River Project is now underway. The drill program is designed to improve the size, grade and quality of the resources recently defined at the Page Block and Ore Fault zones and also to test three high priority geophysical targets located to the east...
Gossan Resources Limited has retained Hatch of Montreal, Canada, to provide engineering process support for the Inwood Magnesium Project The agreement covers a 5-phase work program culminating with the opening of a Certificate of Authorization file with the Manitoba government for construction and environmental approvals for a production facility at Inwood, located in south-central Manitoba. The initial...
Gossan Resources Limited has been advised by Marathon PGM Corporation (“Marathon”), that it has expended in excess of $3 million on the Bird River Project and that Marathon will trigger formation of a 50:50 joint venture on the Project by making a further $400,000 cash payment to Gossan. Marathon also advised that it has acquired the Ore Fault Property (“OFP”) from Bird River...
Bayswater Uranium Corporation is pleased to report that final assays from its 2006 program in the Central Mineral Belt, Labrador have now been received and results include a grab sample from a biotitic shear zone on the Kanairiktok Bay Prospect that assayed 6.9% U3O8 and have confirmed the discovery of two new uranium mineralized radioactive targets-namely Stomach Lake and Stipec River Zone E (see...
BCGold Corp. is pleased to announce the closing of its Qualifying Transaction under the policies of the TSX Venture Exchange, subject to the receipt of final approval of the TSX Venture Exchange. BCGold has issued 100,000 units to Kaminak under the option agreement signed with Kaminak Gold Corporation (“Kaminak”), whereby BCGold can acquire up to a 70% interest in a group of claims known...