Solex Resources Corp. announced the complete drill results from the Sayana Central near-surface uranium target at the Macusani East Project in Peru. The Macusani East Project is joint-ventured with Eldorado and contains 53 known uranium anomalies across 43,320 hectares.
In total, 86 holes for an aggregate 8,172 metres were drilled on the Sayana Central target during [...]
Kalimantan Gold Corporation Limited has signed an Option Agreement with PT Indobara Pratama to bring the coal deposit on IBP’s 100%-owned coal KP into production and acquire up to an 80% interest in IBP. The project is permitted for production and the potential to be an open cut coal deposit. The work done on [...]
Newport Gold Inc. announce that the Company has been informed by its consulting geologist, Daniel Huang, that two diamond drill holes on the TJYZ property were completed on October 28th, 2008. The first hole was spotted 7m south of the central part of the open pit and drilled to a depth of 129 m. The [...]
Uranium Resources, Inc., a uranium exploration, development, mining and production company, today announced that the Mining and Minerals Division of the New Mexico Energy, Minerals and Natural Resources Department granted URI a permit to conduct exploratory drilling in the Ambrosia Lake area, where the company has approximately 2.4 million pounds of mineralized uranium material combined [...]
Evolving Gold Corp. announce that it has successfully graduated to the Tier 1 issuer level on the TSX Venture Exchange, effective Monday, November 3, 2008.
As defined in TSXV Policy 2.1, Tier 1 is the TSX Venture Exchange’s premier tier and is reserved for the most advanced listed companies with the most significant financial resources. [...]
Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd., and Gene Wusaty, Chief Operating Officer, Coal Division, announced today that the company has received independent laboratory analysis of a recent bulk sample that confirms high volatile, high-fluidity metallurgical coking coal at the Mamahak coal project in East Kalimantan, Indonesia. SouthGobi owns 85% of the [...]
Atlas Copco has won an order to supply the mining company LKAB with equipment for rock reinforcement, to increase safety at its mines in Kiruna and Malmberget, Sweden. The value of the order, which includes an extensive service agreement, is about MSEK 140.
The order was received in the fourth quarter. The full service agreement runs [...]
Galway Resources Ltd. announce that it has entered into an option agreement with Rio Tinto Mining and Exploration Corporation (Rio Tinto) to acquire 100% interest in nine coal concessions totaling 7,500 hectares, roughly 50% of the previously drilled San Louis Coal basin located in Santander, Colombia. The project will be known as Carboluis.
“We are pleased [...]
Klondike Gold Corp. announce that it has entered into a contract to resume drilling on its 2007 Irishman hole in southeastern British Columbia. Black Hawk Drilling, based in Smithers, B.C. will extend the Irishman hole an estimated 200 meters to the projected depth of the Sullivan horizon.
The 2007 Irishman hole was stopped short of target [...]
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 [...]
