Kaminak’s Partner Completes Drilling on Cry Lake, British Columbia

Kaminak Gold Corporation announced that project partner Solomon Resources Ltd. completed a diamond drill program on Kaminak’s 100% owned Cry Lake Gold-Silver Project located in north western British Columbia, Canada. The program was funded by Kaminak’s partner who completed two diamond drill holes totalling 416 metres as well as geological mapping and sampling of an extended soil geochemical... 

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Drilling Continuing on Three Hard-Rock Target Zones at Sacre-Coeur’s Million Mountain Gold Project

SACRE-COEUR MINERALS, LTD. announced that the second phase of core drilling is now underway on target Zone 9 situated on the 20km Million Mountain trend occurring on the Company’s Lower Puruni block of properties in Guyana, South America. As previously announced in a Press Release dated July 31, 2009, phase I drilling intersected several mineralized zones containing gold mineralization up to 4.0... 

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Royal Roads & Benton award drilling contract to drill new copper sulphide zone on Long Range Joint Venture, Newfoundland

Royal Roads Corp. and Benton Resources Corp. announce awarding a drill contract to commence diamond drilling of the recently discovered copper sulphide zone on the Long Range Joint Venture property in central Newfoundland. The contract has been awarded to Logan Drilling of Stewiacke, Nova Scotia and is expected to commence the week of October 12, 2009. The program is expected to include two drill holes... 

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Report Shows Long Term Benefits of Gold Mining to Developing Economies

Large-scale gold production has been found to be a major factor in bolstering the economies of developing countries, according to a key report issued today by the World Gold Council (WGC) in partnership with the International Council on Mining & Metals (ICMM) and Oxford Policy Management. The new report, ‘The Golden Building Block: gold mining and the transformation of developing economies’,... 

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Perseverance Paying Off for Aura Silver at High-Grade Gold / Silver, VMS Project in Nunavut

Aura Silver Resources Inc. is pleased to report the results of the Company’s analysis of airborne geophysical data which was undertaken during 2007 and 2008 by Fugro Airborne Surveys Corporation on the Company’s 100% owned Greyhound Lake property in Nunavut, Canada. The geophysical analysis was performed by L.E. Reed Geophysical Consultant. This assessment supplements our geochemical analysis... 

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Natural Gas Oversupply and New Pipeline Capacity Promise Bonanza for Northeast Natural Gas Buyers

A new report from BENTEK Energy examines the consequences of rapidly changing natural gas market conditions in the Northeast resulting from continuing increases in domestic production, new pipeline infrastructure and shifts in the sources of natural gas imports. Just issued, Part 3 of BENTEK’s “Catch the Wave™” Market Alert series illustrates important Northeast market developments... 

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Western Troy Acquires Gold Claims in Quebec, Delays MacLeod Lake Feasibility Study

Western Troy Capital Resources Inc. announced it has staked 92 claims in the Ashuanipi Lake district approximately 50 kilometers northwest of Schefferville, Quebec. The claims cover the south limb of a folded iron formation with numerous gold values ranging up to 24 g/t over a strike length of 5.5 kilometers. Anomalous values were also detected in silver (30g/t), copper (1.28%), and tungsten (0.17%).... 

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Extract Resources – Rossing South continues to return wide, high grade zones of uranium mineralisation

Extract Resources, a Uranium exploration company with projects in Namibia, Africa, today announced more wide zones of high grade uranium mineralization, at Rossing South. Chemical assay results from Reverse Circulation (RC) drilling continue to confirm the continuity of alaskite hosted uranium mineralization. The grades returned are particularly high for this style of primary, granite hosted uranium... 

Sabina Silver Announces Hackett River Study Update

Sabina Silver Corporation announced an update on work progressing at its 100% owned Hackett River silver-zinc project in Nunavut, Canada. Hackett River is a major silver-zinc deposit located approximately 75 kilometres from tide water in the Canadian arctic. Not only is it one of the largest undeveloped silver deposits of its type in the world, but it is located in one of the world’s most appealing... 

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Vena Resources Completes Phase-One of Uranium Drill Program at Macusani

Vena Resources Inc. announce that the phase one drilling program at Macusani has been completed. This diamond drill program has been completed with 7,583 metres drilled at Tantamaco and 6,215 metres drilled at Nueva Corani for a total of 13,798 metres resulting in 6,755 samples assayed. All assay data is now complete and recorded. Additional prospects in Macusani will be drill tested for the first... 

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