Wallbridge Mining Company Limited announced today that the Company will expand its drilling program on the Rogers Creek property to 2,500 metres on the basis of copper and molybdenum mineralization observed in diamond drill hole WRC-001. The distribution of mineralization and alteration intersected in WRC-001 is consistent with many porphyry-style mineral deposits in South America and will be used...
Mengold Resources Inc. has entered into a binding Letter of Intent with Solomon Resources Limited for an Option and Joint Venture on the Goldcreek Property which is located in Shebandowan, NW Ontario. Solomon will have the option to earn up to a 50% interest in the Goldcreek Property by incurring exploration expenditures totaling $5.4 million over three years; making a cash payment of $100,000 before...
Wallbridge Mining Company Limited has discovered mineralization within three target areas on their Rogers Creek copper-gold-molybdenum property, in south-western British Columbia approximately 40 kilometres south of Pemberton. The first two targets are defined within a 6 by 2 kilometre area of alteration and gold-copper mineralization with samples in quartz-sulphide veins returning up to 23.1 grams...
DEVELOPMENTAL Panola County # In a lease 11.1 miles west of Carthage, in a wildcat field, the R.D. Browning GU Well No. 6 will be drilled by AC Exploration. The well will be drilled to 10,200 feet in the Morgan, E Survey, A-469. The well may also be drilled in the Beckville (Travis Peak) Field, the J.G.S. (Rodessa Gloyd) Field, the Fairplay, Northeast (Travis Peak) Field, the Carthage (Pettit, Lower)...
Panola County # The Reed Estate Gas Unit Well No. 6 will be drilled by Chesapeake Operating in the Carthage (Cotton Valley) Field 1.4 miles northwest of Clayton in the MA Romero Survey, A-1. The well will bottom at 12,000 feet and may also be drilled in a wildcat field. # Enduring Resources will drill the Allison-Cassity Well No. 1 in the Carthage (Barbara) Field 0.9 miles northwest of Long Branch...
DEVELOPMENTAL Cherokee County # Marathon Oil will drill the Dixon “A” Well No. 5 in the White Oak Creek (Travis Peak) Field to 12,500 feet, 7.2 miles west of Alto in the Self, I Survey, A-793. # The Barnes Gas Unit 1 Well No. 4 will be drilled by Southwestern Energy Production in the Overton (Cotton Valley Sand) Field. The well will bottom at 12,550 feet and is 3.7 miles northeast of Mixon...