Southwestern Signs Letter of Intent and Private Placement With Hochschild Mining

Southwestern Resources Corp. announce that it has entered into a Letter of Intent with Hochschild Mining Holdings Limited, a subsidiary of Hochschild Mining plc, to jointly explore for new base and precious metal deposits in southern Peru and which also provides for a strategic investment by Hochschild in the Company’s common shares. Under the terms of the LOI, Southwestern and Hochschild will... 

Carlisle Goldfields Limited – Drilling at the Maclellan Gold Mine continues to intersect multiple high grade intervals

Carlisle Goldfields 2008 Drilling program has been testing all of the known zones at the MacLellan Mine from the Nisku Zone on the east, to the Rainbow zone on the west, and below the mine workings. Drilling in the relatively under-drilled Rainbow Zone has provided a number of intervals with visible gold. This continues to be an area of interest for development of additional resources outside of the... 

Tag: drilling at the maclellan gold mine continues to intersect multiple, maclellan mine, carlisle goldfields, saskatewan carlisle

Crescent Resources Signs Drilling Contract for Oviedo Uranium Project, Paraguay

Crescent Resources Corp. announces that it has signed a contract with Compania Paraguaya de Mineria S.A. for 20,000 metres of drilling on the Oviedo Uranium Project in Paraguay. This open-hole drilling program using reverse-circulation equipment is scheduled to commence in early August. The open-hole drilling method in conjunction with a down-hole gamma-ray probe will give immediate indications of... 

Tag: crescent resources mining, coronel oviedo mining company sa, crescent resources corp paraguay, paraguay uranium, paraguay initial resource

Halo Has Commenced Drilling on Jungle Lake Copper-Zinc Deposit, Sherridon – Flin Flon Area, Manitoba

HALO RESOURCES LTD. – Lynda Bloom, President and CEO is pleased to announce that Halo Resources Ltd. has commenced drilling at the Jungle Lake copper-zinc deposit on its 200 square km Sherridon Volcanogenic Massive Sulphide (VMS) Property in the Sherridon – Flin Flon area of Manitoba. Drilling of the known deposits and mineral occurrences on the Sherridon VMS Property is part of the planned... 

Aurizon Produces 17,731 Ounces of Gold in 2006

Aurizon Mines Ltd. is pleased to announce that 17,731 ounces of gold were produced in 2006 at its 100% owned Casa Berardi Mine, in north-western Quebec, since start-up of production in early November, 2006. Mine operations at Casa Berardi remain on schedule to achieve commercial production in the first quarter of 2007, with production gradually increasing from an initial rate of 1,600 tonnes per day... 

Tag: chollar mine fatalities

HudBay Options Jason Lead/Zinc Mineral Property

HudBay Minerals Inc. announces that it has entered into an exclusive option agreement pursuant to which HudBay, in its sole discretion, may acquire 100% of the Jason lead/zinc mineral property (Jason Property) in the Yukon from MacPass Resources Limited (MacPass), for C$1.0 million. The option agreement provides for an initial payment of C$100,000 to MacPass with the balance payable on exercise of... 

Tag: jason hudbay

Stornoway to Make Concurrent Offers for Ashton Mining and Contact Diamond

Stornoway Diamond Corporation (“Stornoway”) (TSX:SWY.TO) is pleased to announce that it will make an offer to acquire all of the outstanding shares of Ashton Mining of Canada Ltd. (“Ashton”) (TSX:ACA.TO). Concurrent with the Ashton offer, Stornoway will also make an offer to acquire all of the outstanding shares of Contact Diamond Corporation (“Contact”) (TSX:CO.TO). The... 

Nuinsco Aggressively Advancing Canadian Nickel Assets

Nuinsco Resources Limited (TSX:NWI.TO – News) (“Nuinsco” or the “Company”) today provided an update of recent developments and ongoing activities at its three advanced nickel projects in northern Manitoba and northwestern Quebec. Highlights include: * Minago: Scoping study on track for completion in September. * Lac Rocher: Drill program in progress, resource estimate...