ALIX RESOURCES CORP. has entered into an agreement to acquire a block of claims totalling approximately 450 hectares in British Columbia which host a historic BC Minfile Rare Earth Oxide (REO) occurrence. BC Minfile reports that “a sample of chips taken at random across a 15 metre section returned… 2.04%REO” (Minister of Mines Annual Report 1965 p.266). The second claim block consists...
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...
Continental Nickel Limited announce additional assay results from the second season of drilling on its 70% owned Nachingwea nickel sulphide project in Tanzania. The Nachingwea project is a 70:30 Joint Venture with IMX Resources NL (“IMX”) of Australia. Continental Nickel is conducting a C$7.0 million exploration program at Nachingwea in 2008 and is well funded with over C$16 million in...
Global Gold Corporation announce that its exploration, test mining, and processing work has uncovered a significant gold and silver discovery in the Central Area of its Toukhmanuk property in the north central mineral belt of Armenia. Results of recent test mining, diamond drilling of over 20,000 meters, surface sampling of the No. 1 and 15 mineralized areas indicate that there are at least eighteen...
Diadem Resources Ltd. announce that it has entered into an agreement to retain Wakabayashi Fund LLC of Tokyo, Japan to assist Diadem in structuring and arranging one or more financings over a six month period. This will provide the Company with funding for general corporate purposes and to carry out a drilling program at its Franklin Diamond Project located on the Parry Peninsula in the Canadian Arctic....
Anglo Swiss Resources Inc. announces that the Company has completed the rehabilitation of the main mine haulage system at its 100% owned Kenville Gold Mine property near Nelson, B.C. This major historical production level, known as the 257 Level, is the lower of two levels and is now entirely operational with the extensive main drifts track repair complete. The Kenville Gold Mine has approximately...
Rio Tinto Alcan has successfully completed its rehabilitation of the Pramont industrial residue disposal site in the Valais region, which is now integrated into a regional framework for environmental protection on the left bank of the Rhone River between Sierre and Granges, Switzerland. “This rehabilitation is the outcome of eight years of hard work and regional collaboration, of which we are...
Pancontinental Uranium Corporation report that an aggressive diamond drilling program using modern day exploration technologies will now test historical uranium discoveries made in Northern Territory, Australia in the 1980’s by global resources giants Mobil Energy Minerals Australia and Total Mining Australia Pty. Ltd.. A drill rig has now been allocated to an intensive diamond core program at...
Duluth Metals Limited provide a progress report on activities currently underway and planned for the Fourth Quarter, 2008. The Company’s cash position remains strong with approximately CAD$16 million cash on hand. The Company is currently in the process of final bid selection for choosing the engineering consultants to complete the Nokomis Deposit Pre-Feasibility Study. The Company expects to...
Yankee Hat Minerals Ltd. announce that it has entered into a Joint Exploration Agreement with a major Japanese government entity, the Japan Oil, Gas and Metals National Corporation (“JOGMEC”), to conduct regional tungsten exploration and project generation in the south eastern quarter of the Yukon Territory and neighbouring Northwest Territories. The exploration will concentrate on the...