Nuinsco Resources Limited announced it has optioned a claim package, collectively referred to as the Olympian Project, that hosts numerous previously identified gold occurrences. The project area lies 5 km northeast along strike from the Kenora region’s most significant past producer, the Wendigo Mine. “Adding the Olympian Project to our portfolio allows Nuinsco to draw upon its considerable...
True North Gems Inc. and Great Western Minerals Group Ltd. are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX’s True Blue property in the Yukon in exchange for carrying TGX through to completion of a bankable feasibility study. The True Blue property is located 55 kilometres south of Ross River, Yukon and is accessible via all-weather road...
Max Resource Corp. has learned that the Government of British Columbia intends to halt all ongoing mineral exploration work and prohibit any future mine development in the Flathead Valley in Southeastern B.C. In his Throne Speech of February 9, 2010, which outlines the B.C. Government’s legislative agenda for the upcoming session, BC Lieutenant-Governor Steven L. Point announced that the Province...
Riverstone Resources Inc. announce results from the first twenty three Rotary Air Blast (RAB) drill holes completed on the Company’s Karma gold project in Burkina Faso, West Africa. The holes were drilled in the immediate area of the GG1 deposit, one of four deposits that comprise the Karma project, to test several gold-in-soil geochemical anomalies with the objective of locating new mineralized...
AngloGold Ashanti said third quarter production rose 5 percent as a result of continued improvements at its Geita mine in Tanzania and fewer safety related interruptions at its Vaal River operations in South Africa. “We continue to make breakthroughs in effecting the turnaround at Geita,” Chief Executive Officer Mark Cutifani said. “We’ve also made some strong safety gains at...
Prize Mining Corp. and its Joint Venture Partner, Eagle Plains Resources Ltd., have completed mining and milling activity for the 2009 season and have commenced seasonal clean-up and maintenance. The first gold bar was recently poured from concentrate materials milled on-site and weighs 2.284 kg. The project is operated through the Yellowjacket Joint-Venture (“YJV”), jointly owned by Eagle...
Mountain Lake Resources Inc. report that field exploration work continues on the Little River Gold Property in southern Newfoundland and the Company is currently preparing access trails and trench sites for the next phase of sampling. Analytical results from the 2009 soil geochemical survey, carried out to the northeast of the 2008 survey grid, have returned the highest gold values to date. The trenching...
New Dimension Resources Ltd. and its wholly-owned subsidiary Dimension Resources (USA) Inc. (the “Company” or “New Dimension”) are pleased to announce that a 2,000 metre Phase I reverse circulation (“RC”) drill program has commenced at New Dimension’s Reese River Project (the “Property” or “Reese River”) in Nevada. The Phase I drill...
Silver Quest Resources Ltd. announce that the Company has signed option agreements to acquire a 100% interest in the Sizzler and VO gold properties. The properties are located in the newly recognized White Gold area, approximately 120 kilometres south of Dawson City, Yukon. The principal target on each property is a near surface, bulk tonnage gold deposit, similar to the new discoveries on Underworld...
Hawthorne Gold Corp. announce the Company has commenced the extraction of a 10,000-tonne bulk sample from the Sable Zone located within the Taurus claim area. On August 14, 2009, the Company received the Notice of Work approval # 09-0100011-0814 from the Ministry of Energy, Mines, and Petroleum Resources to extract the bulk sample. The bulk sample will be stockpiled next to the Cassiar Gold Mine mill...