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Random News from Mining Top News

Soho Resources Corp. Reports Additional Drill Results From Several Zones at Tahuehueto

Soho Resources Corp. report assay results for 36 more completed core drill holes from its ongoing exploration program on its 100% controlled Tahuehueto Project, located in northwestern Durango State, Mexico.
This release reflects results on step out drilling for resource expansion on the Cinco De Mayo, Perdido, Catorce Zones. Assay results show strong mineralization both along [...]

Tonogold Resources, Inc. Completes Drilling and Sampling Program at Nyac, Alaska Gold Project

Tonogold Resources, Inc. has completed their 2006 core drilling, sampling and mapping program at their 83,200 acre Nyac Gold Project in the Tintina Gold Belt of southwest Alaska. The Company has shipped 4,137 soil samples, 55 rock chip samples and 1,361 core samples to the assay lab, ALS Chemex. Assays are reported from the first [...]

Tag: nyac mine, ais west aquarius

JG Sablan mining bid pressed

The House of Representatives has renewed its support for a joint venture company seeking to extract pozzolan from Pagan.
The Lower House yesterday adopted a resolution urging Gov. Benigno R. Fitial and the Department of Lands to reinstate the mining permit of JG Sablan Rock Quarry.
All present members, except Rep. Cinta Kaipat, voted in favor of [...]

Tag: jg sablan rock quarry pagan

Indian official in Pakistan next week to move on two pipeline deals

Murli Deora, the petroleum minister of India, has reconfirmed his visit next week to Islamabad to pick up the pieces of the Iran-Pakistan-India pipeline that faltered amidst a row between the two countries and Pakistan’s internal political strife.
Deora will also announce its formal partnership in the Turkmenistan-Afghanistan-Pakistan-India pipeline, the Business Standard reports.
“We will meet Pakistan [...]

Kinbauri Gold Corp.: Funds Released From Escrow

Kinbauri Gold Corp. announces that Anglo Pacific Group PLC is now releasing all escrowed funds pursuant to its royalty purchase, as all required documents have now been registered against Kinbauri’s respective mining titles in Spain. In May of 2008, APG closed an agreement with Kinbauri whereby it purchased a 2.5% net smelter royalty on Kinbauri’s [...]

Antarctic Geological Drilling Program has exceeded all expectations

One week ago (Nov. 21), the drilling team passed the 1,000-meter mark in rock core pulled from beneath the sea floor in McMurdo Sound, and with a remarkable recovery rate of more than 98 percent. The end of drilling is scheduled for this weekend, and only a few tens of meters of core remain to [...]

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Lime Rock Resources II Closes at $410 Million

Lime Rock, a private equity firm focusing on the global energy sector, today announces the closing of Lime Rock Resources II with $410 million in total capital commitments. Like the first Lime Rock Resources fund, Lime Rock Resources II will seek to acquire, directly operate, and improve lower-risk oil and gas properties in the United [...]

Tag: lime investment trust, lime rock resources, eric mullins of lime rock resources, mining equity funds, mineral fund oil and gas

OSE Corp. – Drilling commences on Texas oil prospect

OSE Corp. announce that drilling has commenced on the initial test well on its Scurry County prospect area lands, located in Scurry County, Texas. OSE Texas Corp., a 100% owned subsidiary of OSE Corp., has acquired the rights to participate, to a 5% working interest (3.75% net revenue interest), in the exploration and development of [...]

Petroleum Tanker Hits Guardrail On I-91

A tanker truck carrying petroleum hit a guardrail on I-91 early Saturday morning, prompting firefighters and a hazardous material team to respond, state police said.
The tanker was traveling northbound when one of its tires popped shortly before 6:30, causing the truck to swerve and hit the guardrail, police said. The area was closed off as [...]

Eldorado Exploration Commences Drilling

Eldorado Exploration, Inc. announced today that its well in southern Illinois has commenced drilling.
The well is targeting a ‘PIP’ identified reef system that has produced oil in the surrounding area; total depth is expected to be reached within the next week.
Eldorado Exploration, Inc. is an independent oil and gas company that utilizes a process called [...]

Tag: illinois oil and gas exploration december 2009