Nuinsco Acquires Gold Project in Lake of the Woods Region

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... 

Tag: nuinsco mines

Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

Tag: al fairuz mining company in oman, copper mining block 5 and 6 in oman, apm mines llc in oman, mining news oman, taung gold

Franconia Signs Land Agreement for Maturi Copper-Nickel-Platinum Group Metals Property

Franconia Minerals Corporation announces that it has reached an agreement with the South Kawishiwi Association LLC, a group of nearby cabin owners who are exchanging surface lands with the US Forest Service for surface rights over a portion of Franconia’s Maturi mineral deposit. Under the terms of the agreement, Franconia reinforces its right to access the Maturi Cu-Ni-PGM deposit – via... 

Tag: surface access fee bauxite mining agreement, duluth metals, franconia mining, kawishiwi land exchange

Pele Mountain Begins Drilling at East Highland Gold Project

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.... 

Tag: renabie mine who owns it know, northern mountains of highland zone, pele gold mines

Delta to Commence Geophysical Exploration Program at Delcer Buttes Property in Nevada

Delta Mining & Exploration Corporation announce that a geophysical work program will begin this week on the Delcer Buttes gold/copper property in Elko County. The property consists of 31 unpatented hard-rock mining claims (680 acres) and lies to the east of the Carlin trend which contains numerous mines producing close to 3 million ounces gold per year in total and south of Long Canyon, Fronteer... 

Tag: delcer buttes ip, gradient geophysics, delta mine nv, rare earth elements geophysical exploration, web site of gradient geophysics

Stans Energy Corp. Acquires Former Producing Kutessay II Rare Earth Mine

Stans Energy Corp. acquired 100% of the Kutessay II deposit along with 100% of the Kalesay Beryllium deposit from the Government of Kyrgyzstan for $855,000 US by acquiring 100% of “Kutisay Mining” on the Central Asian Stock Exchange. Stans Energy Corp. has commenced a feasibility study on restarting production at Kutessay II. A NI 43-101 report will be done in conjunction with the feasibility... 

Tag: stans energy corp resource world, kyrgyzstan rare earth production, rare earth mines russia, kutessay ii, stans group mining industry kyrgyzstan

Denarii Resources Enters Negotiations to Acquire Production-Ready Gold and Silver Mine

Denarii Resources Inc., a mining company focused on acquiring gold, silver and other resource properties worldwide, announced today that it has entered into negotiations to acquire a production-ready gold, silver and copper project located in South America. Denarii Resources employs a world-class mining team of advisors, geologists and consultants who are uniquely qualified to identify favorable acquisition... 

Tag: denarii resources, best gold silver acquisition targets, fnx mining, ron bates tri petroleum resources, vanadium lake energy south america

Wallbridge Mining To Expand Drill Program on Rogers Creek Copper-Gold-Molybdenum Property

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... 

Tag: molybd n and gold mining company, rogers creek mineral exploration in bc, copper mine drilling, drill orgers, askar karabayev

Jinchuan Purports to Terminate Purchase of Tiomin Kenya

Tiomin Resources Inc. reports that Jinchuan Group Limited (‘Jinchuan’) of China, purports to have terminated the Investment Agreement to purchase 70% of Tiomin Kenya Limited (‘TKL’) and the Kwale project. Tiomin seeks clarification from Jinchuan concerning its notice of intent to terminate the transaction, which was scheduled to close on October 29, 2009. Bob Jackson, CEO, said... 

Tag: jinchuan tiomin kenya, jinchuan resource, jinchuan investment, tiomin kenya, kenya mining news

Entree Gold Receives Mongolian Mining Licences

Entree Gold Inc. announces that its application for conversion of the Shivee Tolgoi and Javhlant exploration concessions to mining licences has been approved by the Mineral Resources Authority of Mongolia and the licences have been received. The eastern portion of the Shivee Tolgoi licence and the entire Javhlant licence are subject to a joint venture with Ivanhoe Mines Ltd., through its subsidiary,... 

Tag: nedbank currency exchange job vaccancies, tsx venture, mineral resources authority of mongolia, norgold mining project, vacancy mine vietnam