Nevada Company Introduces First Scalable Dry Recovery System For Lode And Placer Ores

After years of research, development, and testing, AU Goose, a mining service company in Reno, Nevada, has unveiled a solution to a long-time industry problem for junior and mid-level mining operations: How to extract and test heavy metal ores using a timely, cost effective, and dry method of recovery. AU Goose’s technology is the industry’s first modular, dry, non-toxic recovery system for both... 

Tag: placer recoveries inc, tons per hour in nevada, au goose placer claims, placer gold dry concentrator, lode placer ores

Great Basin Gold Successfully Completes Refurbishment of Esmeralda Mill

Great Basin Gold Ltd announces that it has completed the refurbishment of the Esmeralda Mill. The Esmeralda Mill will process material extracted from the Hollister Gold Project at which trial mining is currently underway. The commissioning process at Esmeralda commenced in mid July. The commissioning will proceed in two phases. Following the completion of a concrete ore pad, low grade material from... 

Tag: margaret witte, margaret kent witte, margaret kent peggy witte

KIG Mining Plc Announces That It Has Secured a 10 Million Line of Funding

Under an agreement signed on 7 July 2009, GEM Global Yield Fund Limited, the UK based private investment group, has agreed to provide KIG Mining Plc with €10 million over the next three years in the form of an equity line of credit. KIG will control the timing and maximum amount of any draw down under this credit line. On drawdown, KIG will issue ordinary shares to GEM Global at a price per share... 

Tag: the gem group private equity, k i g mining, mining private equity hong kong, kig line, gem kig mining

Anaconda Announces Definitive Agreements with Crew Gold and New Island Resources for Custom Milling

Anaconda Mining Inc., announce that it has entered into a Toll Processing Agreement with Crew Gold Canada Inc., whereby Anaconda will deliver ore for processing from its Pine Cove gold mine to Crew’s Nugget Pond mill. The toll processing arrangement will commence no later than July 1, 2009 and continue for a period of 12 months. Further, Anaconda has also entered into a Side Agreement with its... 

ViaLogy Technology Delivers Large Oil Find

ViaLogy announces that its QuantumRD(TM) oil exploration technology and service has been credited with locating a major new oil deposit on the Galba Prospect in South Central Texas. The success marks the operational and commercial validation of the company’s software-based seismic interpretation service for oil and gas reservoir discovery and characterization. The technology accurately predicted... 

Tag: how many drill vialogy, what is a back in after payout working interest in, mineral lease for rare earth metals payouts, vialogy and atoscosa, atascosa group geology

Saxon Oil Receives New Field Designation in New Mexico

Saxon Oil Company Ltd. has received a new field designation from New Mexico regulatory authorities for its Eumont State No. 1 oil discovery in Lea County, New Mexico. New Mexico designated the Eumont well as the discovery well in the Urssey Tank: Yates-Seven Rivers Pool. Special pool rules are in effect from the date of first production in May 2008, which set allowable production at 350 barrels of... 

Tag: lea county new mexico oil production, important designation of oil and gas industry, lea county new mexico oil news, saxon oil news

Solex Resources Corp. completes initial drilling program and continues metallurgical testing at Macusani South project

Solex Resources Corp. announced that it has completed the first phase of drilling on its 100% owned Macusani South project in the Macusani uranium district of south-eastern Peru. In addition, column leach metallurgical testing has started at Solex’s mobile metallurgical laboratory following receipt of all required permits. Drilling Programme Diamond drilling commenced at the Macusani... 

Tag: solex mining

BacTech Seeks Government Funding for Bioleach Plant to Neutralize Toxic Arsenic Tailings in Cobalt, Ontario

BacTech Mining Corporation has applied for $10 million in government funding to build a pilot bioleach plant in the Cobalt area of Northern Ontario to neutralize the arsenic-laden tailings dumped there in the early 1900s. High grade silver was discovered in the Cobalt area in 1903, which led to a Klondike-like rush. Between 1903 and 1923, over 330 million ounces of silver were mined from high-grade... 

Tag: gov mining tailing cleanup funds, rare earth metals and bioleaching, arsenic cleanup in cobalt ontario, uranium tailings bioleaching, tailings disposal arsenic

Zcom Networks, Inc. Announces Management Visit and Excavation Planning

Zcom Networks, Inc. announced that company management will visit the company’s 160 acre precious metals mine CLS#12 in Ridgecrest, California later this week. Management has also scheduled meetings with a team of geologists, mine engineers, and analysts to examine existing data and formulate a course of action for the installation and execution of preliminary extractions during a pre-permit round... 

Tag: top vanadium stocks, vanadium mining

Western Sierra Signs Agreement to Acquire the Blue Bell and De Soto Mines in Arizona

Western Sierra Mining Corp. announced that it had signed a contract for a two-year lease with a fixed price option to purchase both the Blue Bell and De Soto mines, located near Crown King and Mayer, Arizona. Both mines have historically produced large amounts of silver and copper; the production cons also carried some gold. The two mines rest on approximately 550 acres of patented property. Both the...