Petroleum Communication Holdings, Inc.(PTLC), Formerly “AIT Wireless, Inc.” , announced it had completed a non-cash stock transaction to acquire the mineral rights in a substantial track of mineral rich property in Pinal County, Arizona. The property has high concentrations of Magnetite, an ore in great demand in the manufacturing sector, in addition to a marketable [...]
Cardero Resource Corp. announce that SRK Consulting has updated the recent Preliminary Economic Assessment for the Pampa de Pongo iron deposit. The increased NPV and IRR result from the positive MIDREX Direct Reduction material evaluation (See NR 08-25), which demonstrated the suitability of Pampa de Pongo iron oxide pellets as Direct Reduction (DR) process [...]
Advanced Explorations Inc. announce that it intends to strengthen its Roche Bay Project in Nunavut with the addition of an iron nugget plant. Following the lead of Steel Dynamics Inc. (”SDI”) and others, AEI plans to utilize the MIDREX/Kobe Steel ITmk3® Process to produce “pig iron” nuggets which are higher in grade (~98% Fe) and [...]
CAPELLA RESOURCES LTD. announce assay results from the 2008 sampling program on its Labrador Base Metals Initiative. The company is actively exploring for nickel, copper, cobalt and other metals in central Labrador. Labrador is largely underexplored and hosts several new nickel and base metal discoveries, including Voisey’s Bay nickel-copper-cobalt deposit.
The Property was flown by a [...]
Cartier Resources Inc. announce the discovery of several gold-silver-copper-zinc volcanogenic massive sulphide type mineralization systems on four sectors of the Kinojevis Project.
Previous drilling (KI-08-22, 31, 32, 33 and 25A), prospecting and trenching as well as compilation of the historic to deposits adjacent to the property demonstrate that all the geological elements are present for the [...]
Anaconda Mining Inc. announce results for a further ten diamond drill holes from the Inca de Oro Sur Joint Venture (”Inca de Oro Sur” or the “Project”). Inca de Oro Sur is located within the historic Inca de Oro mining district in northern Chile, approximately 100 kilometres north of Copiapo.
Exploration Program Overview
A diamond drill program [...]
American Creek Resources Ltd. is pleased to report assay results from rock samples in preliminary exploration of the Ironmist Project (formerly the Goldmist Project), in south-central British Columbia, resulting in the discovery of several promising iron ore targets.
The program, which focused on a large magnetic anomaly identified in a previous airborne geophysical survey, resulted in [...]
Norsemont Mining Inc. announced that the Company has made a major new discovery at the Company’s 100-percent controlled Constancia copper-molybdenum-silver project in south-eastern Peru. The Pampacancha anomaly has been discovered approximately 2.7 kilometres south-east of the Constancia - San Jose deposit and lies within an area over which the Company controls 100 percent of the [...]
VAULT MINERALS INC announces the recent acquisition of the Gauthier Property in the Kirkland Lake gold camp, Ontario.
The property, comprising eighty-eight staked mining claims totaling approximately 1,400 ha, is situated about three km north of the past-producing Upper Canada gold mine (1.4M oz) in northern Gauthier Township.
The claim group covers 5.3 km of strike extent [...]
Bayswater Uranium Corporation report on a high-grade uranium showing discovered in the Lake Minisinakwa area of the Central Mineral Belt of Labrador. Prospecting has uncovered a series of angular, frost heaved uraniferous boulders that are believed to be near source. The boulders occur along a linear topographic feature which coincides with a magnetic high anomaly, [...]
