Lincoln Mining Corporation, report that all three of the Company’s projects are advancing as planned. Pine Grove, Nevada The 50 hole reverse circulation drill program that was announced on October 21, 2009 is well underway. Diversified Drilling LLC, our drilling contractor, has now completed 28 holes of the program. Drilling has been advancing without delays despite abnormally cold temperatures...
Robex Resources Inc. announce that it has completed the preparatory phase of the drilling campaign planned for the Nampala gold deposit located on the Mininko permit, in the Republic of Mali. Robex is now preparing to commence its drilling campaign with the intent of increasing the quality of the resources contained within a portion of the Nampala deposit. This past October, the engineering-consulting...
Santa Fe Gold Corporation announced that the New Mexico Office of the State Engineer has issued a permit required to proceed with construction of the tailings dam impoundment at the Banner Mill located near Lordsburg, New Mexico. The company expects to complete construction of the tailings impoundment during the current quarter and to begin processing operations shortly thereafter. “With this important...
Lincoln Mining Corporation, a Canadian-based mineral exploration and development company announce that it is in the process of advancing the Pine Grove gold property in Lyon County, Nevada. Lincoln has contracted Dudley Thompson Mapping Corporation Inc., of Surrey, BC, for new photogrammetry suitable for mine-site engineering. Ground survey control and aerial photography are planned for September....
New Dimension Resources Ltd. and its wholly-owned subsidiary Dimension Resources (USA) Inc. (the “Company” or “New Dimension”) are pleased to announce that a 2,000 metre Phase I reverse circulation (“RC”) drill program has commenced at New Dimension’s Reese River Project (the “Property” or “Reese River”) in Nevada. The Phase I drill...
Golden Band Resources Inc. announce that the La Ronge Gold Project Surface Lease Agreement 2009 has been signed with the Government of Saskatchewan. The province is represented in the Agreement by the Ministry of First Nations and Métis Relations and by the Ministry of Environment. Golden Band entered into the Agreement via its wholly owned subsidiary, Jolu Development Corporation (JDC). The Surface...
Hawthorne Gold Corp. announce the Company has commenced the extraction of a 10,000-tonne bulk sample from the Sable Zone located within the Taurus claim area. On August 14, 2009, the Company received the Notice of Work approval # 09-0100011-0814 from the Ministry of Energy, Mines, and Petroleum Resources to extract the bulk sample. The bulk sample will be stockpiled next to the Cassiar Gold Mine mill...
ASHBURTON VENTURES INC. would like to announce that the summer work program has commenced on its Red Lake Chukuni Property. Contractors are on the property completing a 17 line km ground grid. Once established, GEOSIG Inc. will commence an induced polarization survey over the newly established grid. The previous work program encountered anomalous gold values in a moderate to strong ankerite and silicification...
Iberian Minerals Corp. announced today that the Company, through its wholly-owned subsidiary Minas de Aguas Tenidas S.A.U. (“MATSA”) has entered into an agreement with INGENIERIA DE SUELOS Y EXPLOTACION DE RECUROS S.A (“Insersa”) whereby MATSA will purchase the Aguas Tenidas underground mining division of Insersa for the sum of Euros 6,000,000, payable as to Euros 5,520,000...
Mechel OAO, one of the leading mining and metals companies, announces starting production for repair of type 2 BC-105 dump cars at its Korshunov Mining Plant OAO subsidiary and obtaining a permit for the repaired dump cars to be used at railways of Russia. To establish the production reconstruction of repairs and mechanics shop was performed, high technology equipment was purchased, and the staff...