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Random News from Mining Top News

Wentworth Energy Announces Completion of Red Lake Gas Unit #1-R Well

Wentworth Energy, Inc. is pleased to announced the completion of the Red Lake Gas Unit #1-R well (“1-R”) in Freestone County, Texas. A four point test of the 1-R well yielded a calculated absolute open flow rate of 1.7 million cubic feet of gas per day. The 1-R well is an offset to Wentworth Energy’s [...]

Matra subsidiary signs drilling rig contract

Matra’s wholly owned subsidiary ”OOO” Arkhangelovskoe has signed a contract with locally based drilling contractor ”OOO” OBK (Orenburg Drilling Company) for its rig 3D to drill the Sokolovskaya prospect on its exploration license.
Site construction and preparation works are due to begin shortly and the well is scheduled to spud in late July. The well is [...]

US EPA Grants Biofriendly New Product Registration

Biofriendly Corporation announced today that the U.S. Environmental Protection Agency (EPA) approved new product registrations for its Green Plus® liquid combustion catalyst after an exhaustive two year review. Green Plus is a breakthrough technology that improves fuel combustion, thus reducing harmful emissions and improving fuel efficiency.
Biofriendly Chairman and Chief Executive Officer Robert W. Carroll acknowledged [...]

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Drilling Intercepts 16 Meters (52.5 feet) Grading 8 % Zinc and 1.11% Copper at Mountain Lake’s Bobby’s Pond Base Metals Project Located in Central Newfoundland

Mountain Lake Resources Inc. is pleased to report results from the first three holes of the current drilling program on the Company’s 100% owned Bobby’s Pond base metal (Zn-Cu + Pb-Ag-Au) project.
The purpose of the current drilling program is to increase the tonnage of the deposit at depth, to determine the geometry of the deposit’s [...]

Mustang Minerals and Western Areas Sign Agreement for Joint Venture at East Bull Lake Near Sudbury, Ontario

The Board of Mustang Minerals Corp. announce an agreement to explore the East Bull Lake Project, 80km west of Sudbury in Ontario, Canada.
Western Areas can earn a 65% interest in the project from Mustang Minerals by funding up to C$4.5M in two stages over five years. The project includes net smelter royalty interests. The main [...]

Tag: royal nickel

Dynamite buys into uranium

Dynamite Resources Ltd. (TSXV:DNR) says it will acquire Tau Mining Ltd. (UK), owner of two uranium licences in Kyrgyzstan, for $36.6 million in shares and warrants.
The junior gold miner said Friday it will exchange each Tau Mining share for either a quarter of a Dynamite common share and a purchase warrant to buy another share [...]

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Abraxas Announces Year-End 2006 Reserves, Provides an Operational Update and IPAA Small Cap Oil & Gas Investment Symposium Presentation Details

Abraxas Petroleum Corporation announced year-end 2006 reserves, provided an operational update and presentation details for the upcoming Independent Petroleum Association of America’s (“IPAA”) Small Cap Oil & Gas Investment Symposium to be held February 6-8, 2007 in Boca Raton, Florida.
Abraxas’ independent reservoir engineering firm, DeGolyer and MacNaughton, estimated total proved oil and natural gas [...]

AndeanGold Completes Phase 1 Drill Program on Rio Seco Project, Peru

AndeanGold Ltd. report that the contract driller, A.K. Drilling International S.A., has completed the Phase 1 drill program (the “Program”) at the Company’s Rio Seco Project in Peru. The Program entailed the drilling of eleven (11) reverse circulation holes, for a total of 1,400 metres. All holes were successfully drilled as planned. The holes ranged [...]

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Endiama Launches Diamond Tourist Tour

Angola’s State-run diamond producing company (Endiama-Ep) will launch a tourist excursion programme into the exploration areas throughout the national territory next year, seeking to publicise the development of the industry in the country.
The information was released Thursday in Luanda by the director of Endiama’s planning and investment department, Alberto de Oliveira dos Reis Fancony.
The official [...]

Zaruma Resources Reviews Luz del Cobre Project

Zaruma Resources Inc. provided an update on the progress of the Luz del Cobre copper project in the State of Sonora, Mexico.
Field activity started in November, 2007, with open pit mining commencing in September, 2008 and the ore being stockpiled for expected crushing and stacking on the leach pad starting at the end of November. [...]