Tasman Metals Ltd. Mr Mark Saxon, President and CEO, provides an update on developments regarding the Company’s 100% owned Norra Karr Rare Earth Element (REE) project. The drill program currently underway is nearing its conclusion with approximately 80 per cent of the program completed. In addition, a collaborative research project has been initiated, under the guidance of renowned REE expert...
Pele Mountain Resources Inc. announced the start of diamond drilling at its East Highland Gold project in Northern Ontario. East Highland is 100-percent owned by Pele Gold Corporation, a wholly owned subsidiary of the Company. Pele focused its efforts at East Highland in the late-1990s, concluding with the successful mining and processing of bulk samples at the Markes and ‘A’ zones in 1999....
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...
Silver Falcon Mining, Inc., an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America announces the completion of funding for the installation and start up of its Diamond Creek Mill. The agreement was concluded with the Investor on very favorable terms for Silver Falcon Mining, Inc. It features repayment in gold bullion based on a percentage...
David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has optioned its 100% owned “Cerro Solo” claims in Chubut Province, Argentina (the “Property”), to UrAmerica Ltd., a private company focused on uranium discovery in Latin America. Under the option agreement, UrAmerica can earn a 60% interest in the Property by incurring USD$1,200,000 in exploration...
Golden Predator Royalty & Development Corp. announces that it has commenced drilling on the St. Elmo Project located 100 km north of Elko, NV. The St. Elmo Project was recently acquired under an option agreement with Nevoro Nevada Inc., a wholly owned subsidiary of Nevoro Inc., and an aggressive exploration program has been initiated on several drill-ready targets on the Project. Drilling at the...
Continent Resources Inc. announce that it has entered into an agreement with Fronteer Group, Reno, Nevada under which Continent has the right to purchase the Dos Cabezas Property in southern Arizona for the total price of USD$400,000 payable over 3 years. The Dos Cabezas property is a series of gold-silver-copper quartz fissure veins exposed for 3 miles that were previously produced by underground...
Timberline Resources Corporation announce that it has received its Amended Exploration Permit from the Montana Department of Environmental Quality (DEQ). This permit authorizes the company to proceed with its underground development and exploration activities as a pre-cursor to production at its Butte Highlands Gold Project. Timberline and its 50% joint venture partner are now authorized to construct...
Dana Resources announce that it has successfully acquired the Collota One Gold Prospect in Peru. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions. The Collota One Gold Prospect is located in Northern Peru in the region of Ancash on the eastern side of the Cordillera Negra, (Black Range Mountains). It is 45km south of the city of Huarez....
Thunder Mountain Gold, Inc. announced that it has identified anomalous gold mineralization in previously unexplored, multi-lithic intrusive breccia at the Company’s 100% owned and controlled South Mountain property in Owyhee County, Idaho. The newly identified gold targets significantly raise the potential for discovery of gold resources on the 868 acres of private land that make up the Company’s...