Tonogold Resources, Inc. has completed their 2006 core drilling, sampling and mapping program at their 83,200 acre Nyac Gold Project in the Tintina Gold Belt of southwest Alaska. The Company has shipped 4,137 soil samples, 55 rock chip samples and 1,361 core samples to the assay lab, ALS Chemex. Assays are reported from the first [...]
Conway Resources Inc. announce the preliminary results of a bulk sampling program on the Conway and Paquin gold-bearing veins at its Conway Paquin property near Belleterre, in northwestern Quebec.
Preliminary results from check samples returned weighted average grades of 31.15 g/t gold for the Conway vein and 19.88 g/t gold for the Paquin vein.
“These spectacular results [...]
China Gengsheng Minerals, Inc., a materials technology company in China with products capable of withstanding high temperature, saving energy and boosting productivity in certain industries such as steel and oil, today announced that it has signed its first sales contract for its fine precision abrasive products with a Taiwan-based vendor. The term of the contract [...]
The Board of Directors of Northern Hemisphere Development Corp. are pleased to report the release of drilling results for the FET et al c-36-A/94-G-15 and a-13-B/94-G-15 wells drilled during the winter 2005/2006 drill season.
FET et al Tommy c-36-A/94-G-15
The FET et al Tommy c-36-A well was spudded on December 12, 2005 and reached a Total Depth [...]
Pilgrim Petroleum Corp. posted full year 2006 net income of $516 thousand, up 1000% from $38 thousand in the last year.
Exceeding expectations, the company’s net revenues for the year rose 800% to $1.47 million from $0.15 million in the prior year.
Annualized return on average assets was 43.2% and return on average equity was 47.6% for [...]
The governor says safety is his top priority. He spoke of the recent tragedies, as well as the accomplishments the coal industry has made, when it comes to safety. Also at the conference today, a commission the governor and his staff have been working very closely with, revealed new information. The Commission on Mine [...]
Grande Portage Resources Ltd. announce that it has completed 10 NQ diamond drill holes from three drill setups at its 100% owned gold-silver property near Smithers, B.C.
The initial drill program was designed to focus on the high-grade gold-silver bearing polymetallic quartz veins from which selected grab samples collected in 2007 assayed up to 72.95 g/t [...]
TECO Energy announced the formation of a new subsidiary, SeaCoast Gas Transmission, LLC, to develop and own a high-volume Florida intrastate natural gas transmission pipeline.
Natural gas continues to play a major role in serving the incremental energy needs in the State of Florida, and this new subsidiary provides TECO Energy with an opportunity to participate [...]
Dumont Nickel Inc. on Monday revealed the appointment of David Wahl to the company’s board of directors. The company noted that Wahl, who is the president of Southampton Associates Inc., has served as an independent director to a number of publicly listed companies including Temex Resources Corp., Tintina Mines Ltd, and NSR Resources Inc.
Copyright(c) 2006 [...]
South Korean steelmaker POSCO said on Monday it has agreed to a sharp rise in coal prices with an Australian miner for fiscal year 2008.
POSCO, the world’s fourth-largest steelmaker, had agreed on a 205 percent to 210 percent hike in coking coal prices with the Australian supplier from April 1, a company spokeswoman said.
Earlier in [...]