Encore Renaissance Resources Corp. Receives Underground Mining Approval From the BC Government
ENCORE RENAISSANCE RESOURCES CORP. Encore Renaissance Resources Corp. report that the company has been granted a permit by the BC ministry of mines to commence underground mining at the Company’s flagship property, the Bonaparte Gold Mine, near Kamloops British Columbia. Underground extraction will commence immediately with further shipments of ore to Kinross Gold’s mill in Washington State....
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...
Canadian Shield And Kinross Sign LOI to Form Alliance for Exploration In Peru
Canadian Shield Resources Ltd. announce that it has signed a Letter of Intent with Kinross Gold Corporation. The LOI provides guidelines for the Exploration Alliance which will carry out generative exploration in a designated area of Peru. Kinross will fund US$500,000 in the generative program over a 12 month period and Canadian Shield will be the initial operator of the exploration programs. Canadian...
Millrock Arranges Financing With Altius to Form Strategic Alliance
Millrock Resources Inc. announce that Altius Minerals Corp., through its wholly-owned subsidiary Altius Resources Inc. (“Altius”), has agreed to a private placement financing with the Company to initially fund a strategic alliance for exploration of five areas in Alaska. “Millrock is very pleased to engage in this alliance with Altius,” stated Millrock President & CEO Gregory...
B2Gold Corp.: Kupol East and West Moroshka Basin Drill Results and New Vein Discovery
B2Gold Corp. announce exploration drilling results and a new vein discovery from the 2009 spring diamond drill program in the Moroshka Basin on the Kupol West license, in the Chukotka Region in northeastern Russia B2Gold completed a total of 1,877 metres (“m”) of drilling in eight diamond drill holes in the Moroshka Basin. Several gold bearing quartz veins were intersected with the best...
Capella Updates on Nevada Drill Program
CAPELLA RESOURCES LTD., a publicly traded, junior exploration and mineral development company with a strong portfolio of precious and base metal projects in Chile, USA and Atlantic Canada report further to the Company’s news release of April 23, 2009, that drilling at its Nevada gold-copper project in northern Chile is progressing well with three holes completed to date. Weather conditions continue...
Kinross Advises Canasia of Planned Drill Program on Debut Property in Nevada
Canasia Industries Corporation announce that it has been notified by Kinross Gold USA, who has a mineral lease agreement with Canasia on the Debut Prospect (announced Sept 9, 2008), that permitting to drill is expected to be filed in April on the prospect. The proposed plan will call for approximately 22 drill holes located on the property. Drilling is expected to take approximately 6-8 weeks. The...
Capella Drills 261 Metres Grading .91 G/T Gold at Lajitas
Capella Resources Ltd. announce drill results (drill hole LJ-08011) from the Company’s 100% own Lajitas gold project in northern Chile. The core drilling intersected a zone of continuous gold mineralization of 261 meters grading 0.91 grams per tonne (g/t) gold between 90 meters and 351 meters down the hole. Contained within the intersection is 104.7 meters grading 1.59 g/t gold. LJ-08011 was drilled...
CEO Lee R. Rice Announces Revised Acquisition Plan for Kinross Colorado Mining Properties
President and Chief Executive Officer Lee R. Rice of Colorado Goldfields Inc. announced a revised acquisition plan for the mining properties owned by Kinross Gold Corporation in the Silverton, Colorado area, including the Sunnyside Mine. “It became clear that sufficient due diligence regarding the Sunnyside Mine cannot be completed by year end. Moreover, there may be significant environmental...
Kinross Completes Acquisition of 40% Interest in Lobo-Marte Project in Chile From Anglo American
Kinross Gold Corporation announced that it has completed its acquisition of a 40% interest in Minera Santa Rosa SCM from certain subsidiaries of Anglo American plc for an aggregate purchase price of US$140 million. Minera owns 100% of the Lobo-Marte gold project located in the Maricunga district of northern Chile, roughly midway between Kinross’ Maricunga and La Coipa mines. As announced on November...
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Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
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...
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