Central Resources Corp., announce that it has successfully completed due diligence on the Newman Todd property and is proceeding with the previously announced option agreement whereby Central can earn a 60% undivided interest in the Newman Todd property from Redstar Gold Corp. “Acquiring an option on a property located in Red Lake Mining Camp, the most prolific gold region in Canada, is a significant...
Claude Resources Inc., a gold exploration and mining company with an asset base located entirely in Canada announced that it will add a surface exploration rig at the Company’s Madsen property located at Red Lake, Ontario. Phase 1 of the underground 8 Zone program at Madsen, launched from the 10th level in December 2008, is targeting the plunge and strike extensions of the 8 Zone as well as...
Claude Resources Inc. announced that it has entered into an agreement to sell the assets of the Tartan Lake Gold Mining Property as well as the Amisk Lake Property to St. Eugene Mining Corporation Ltd.. “This property divestiture is in line with our corporate strategic plan,” said Claude Resources’ President and Chief Executive Officer Neil McMillan, “wherein we have made the...
Crosshair Exploration & Mining Corp. provide an update on the 2008 summer exploration program on the Company’s Central Mineral Belt (CMB) Uranium Project in Labrador and to announce that drilling is now underway to test priority targets along the main Armstrong – Area 1 – C Zone corridor. Highlights of the 2008 summer program to date include: - discovery through geological mapping...
Claude Resources Inc. announced that the dewatering of the shaft at the Madsen mine at Red Lake, Ontario passed the 11th Level on July 14, 2008. The dewatering process remains on track to enable Claude Resources to commence underground drilling from the 12th Level, as previously announced, in the 4th Quarter 2008. Concurrently, the certification received on July 2, 2008 for the underground hoisting...