Blue Note Mining Mobilizes Drill Rig on Williams Brook Gold Property

Blue Note Mining Inc., a Canadian mineral exploration and mining company headquartered in Montreal with operations in Bathurst, New Brunswick reports that it has engaged Logan Drilling of Stewiacke, Nova Scotia, to begin a 10-hole drilling program on Blue Note’s Williams Brook Gold property located near Bathurst, New Brunswick. The aim of this drill campaign is to further define the grade, frequency... 

Tag: new brunswick drilling rigs, blue note oil, william gold diamond and metal mining inc, blue drill gold, blue note exploration

Agnico-Eagle increases credit lines to over US$900 million

Agnico-Eagle Mines Limited, a long established Canadian gold producer with operations located in Quebec and Finland and exploration and development activities in Canada, Finland, Mexico and the United States, announced that it has executed a new non-amortizing US$600 million revolving credit facility, maturing June 2012. The new facility replaces a pre-existing US$300 million tranche of the Company’s... 

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Pacific North West Capital & SOQUEM Announce Completion of Drilling at the Cheneville Property

Pacific North West Capital Corp. and SOQUEM INC. are pleased to announce the completion of drilling at the Cheneville property, located approximately 120 kilometers northwest of Montreal, QC. The property was staked as part of the Taureau reconnaissance program, which is a 50:50 joint venture between PFN and SOQUEM designed to evaluate the Nickel-Copper-Platinum Group Metal potential of mafic intrusions... 

Gastem: Partner Completes 60% Earn-In and Initiates Frac Program on Yamaska

Gastem announced that following the summer 2008 program, including the drilling of two horizontal wells at St-Francois and St-Louis, Canadian Forest Oil (Forest) has fulfilled its spending requirement and earned a 60% interest in the Yamaska Property. As per the agreement, Forest is now the operator of the Utica Shale Program on Yamaska, covering some 112,000 acres. On the Yamaska Property, the partners... 

Rio Tinto Alcan and BIXI, a partnership on a roll

Rio Tinto Alcan will be the title sponsor of Montreal’s new BIXI self-service bicycle rental system, supplying funding for the project as well as aluminium for the construction of the bicycles. BIXI will be offered to the public as of April 2009, with 2,400 bikes available at a network of 300 stations covering central Montreal. “It’s a great way to get people out of their cars and... 

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Global Alumina Receives $42.2 Million Deferred Subscription Payment

Global Alumina Corporation, a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the “Project”), announced that it has received the aggregate first deferred subscription payment from its joint venture partners of approximately $42.2 million. The payment has been placed in Global... 

Tag: deferred subscription, global alumina, bauxite, bauxite mining us, bauxite mines in jamnagar

Blue Note to put Caribou and Restigouche on temporary care and maintenance

Blue Note Mining Inc. announced that it will be initiating a temporary care and maintenance program at its Caribou and Restigouche zinc and lead mines, owned through its wholly-owned subsidiary Blue Note Caribou Mines Inc. Since commercial production was achieved in January 2008, operating performance has continuously improved with all of the original planned production targets being achieved or surpassed.... 

Tag: blue note mining inc restigouche, blue note mining caribou and restigouche mine, blue note molybdenum new brunswick, restigouche blue note caribou mines, caribou and restigouche mine

Gossan Retains Hatch to Provide Engineering Process Support for the Inwood Magnesium Project

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... 

Tag: inwood magnesium, hatch, hatch engineering mining projects, mineral in gossan, magnetherm process equipment

MDN Inc.: Large High-Grade Intersection at 4 km From the Main Zone at Viyonza

MDN Inc. announce the results of the first phase of the 2008 drilling program on the Viyonza project, located 15 km north of the Tulawaka Gold Mine in Tanzania. The drill program consisted in 708 metres diamond drilling (DD) in the main mineralized zone in Block A, 5,797 metres of reverse circulation (RC) drilling and 1,176 metres of rotary air blast drilling (RAB) to extend known mineralization and... 

Western Troy Encouraged After Examination of Galloway Molybdenum Prospect

Western Troy Capital Resources Inc. announced that its VP of Exploration, Wayne Holmstead, visited the Galloway Molybdenum Prospect located approximately 200 kilometers east of Montreal in Southeastern Quebec. The visit confirmed Western Troy’s earlier assessment that the prospect has the potential to host significant molybdenum mineralization as indicated by historic stream and soil sampling....