Hinterland Metals Inc. announce that it has mobilized an exploration crew onto the Ballarat property located approximately 15km south of the Golden Saddle zone where Underworld Resources Inc. recently reported an outstanding gold discovery (UW: TSX-V Press Release May 26, 2009). Hinterland also reports that it has staked 14 additional claims bringing Ballarat up to 94 claims (1995ha) in size. The importance...
Wallbridge Mining Company Limited has discovered mineralization within three target areas on their Rogers Creek copper-gold-molybdenum property, in south-western British Columbia approximately 40 kilometres south of Pemberton. The first two targets are defined within a 6 by 2 kilometre area of alteration and gold-copper mineralization with samples in quartz-sulphide veins returning up to 23.1 grams...
Zinccorp Resources Inc. announce that drilling is progressing well at its wholly owned Michelle property in central Yukon and that the property has again been enlarged in response to new discoveries made by its crews. Initial drill results are very encouraging and a second drill has just been moved to the property. The first drill is focusing on the Peak Showing while the second drill will resume exploration...
Homeland Energy Group Ltd. is pleased to announce first coal production from its Kendal Mine in the Witbank area of South Africa, approximately 50km east of Johannesburg. To date, approximately 8,000 tonnes of coal has been mined from the first of three open pit areas. Processing of the coal through the Company’s Parnaby wash plant on site should begin this week. Following additional pre-stripping...
Golden Share Mining Corporation is pleased to provide an update on its on-going exploration programs. The Company is advancing four projects and intends to execute three drill programs before the end of the year. Golden Share is sufficiently funded to achieve this objective and adequate field personnel are available. A diamond drilling contract has been awarded and drilling equipment is now reserved...
BacTech Mining Corporation announced today that it has received, from Quinto Mining Corp. (“Quinto Mining”), recent sample results from a program conducted on the Godbout “B” uranium property (the “B” Property”) located near Baie-Comeau, Quebec. The “B” Property is one of two claim groups optioned by BacTech subject to a joint venture with Quinto...
Maxy Gold Corp. announced that Maxy and China’s Western Mining Group (“Western Mining”) have entered into a formal Joint Venture (JV) Agreement on the “HUANGNAN” Copper-Gold Project, located in Qinghai Province, China. This is the first Property incorporated under their Strategic Exploration Alliance Agreement announced on October 4th 2006. Maxy has signed four letters...
Gazprom, the world’s largest producer of natural gas, and Russia’s largest enterprise, has disclosed that it is considering a plan to explore for gas and oil in Equatorial Guinea. A Gazprom spokesman told Mineweb that Gazprom’s deputy chief executive, Alexander Medvedev, was in Equatorial Guinea this week, and met the President, the Minister of Power, and the head of Sonagas, Guinea’s...
LOCAL conservationists have mounted a campaign to pressure the government against the reissuing of a prospecting licence for bauxite mining in the Cockpit Country, which is believed to be one of the richest sites of biological diversity locally. The Cockpit Country Stakeholders group, which includes the Jamaica Environment Trust (JET), the Southern Trelawny Environmental Agency (STEA) and the Windsor...
While gold is still an important contributor to South Africa’s exports and its overall economy, platinum and coal are continuing to consolidate their positions as the country’s two major commodities. Figures from the Chamber of Mines show that sales of platinum group metals were worth around R38 billion (US$ 5.4 billion) last year, slightly ahead of coal’s R36 billion contribution...