Royal Roads & Benton award drilling contract to drill new copper sulphide zone on Long Range Joint Venture, Newfoundland

Royal Roads Corp. and Benton Resources Corp. announce awarding a drill contract to commence diamond drilling of the recently discovered copper sulphide zone on the Long Range Joint Venture property in central Newfoundland. The contract has been awarded to Logan Drilling of Stewiacke, Nova Scotia and is expected to commence the week of October 12, 2009. The program is expected to include two drill holes... 

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Capella Announces Results on Labrador Copper-Nickel-Cobalt Exploration

CAPELLA RESOURCES LTD. announce assay results from the 2008 sampling program on its Labrador Base Metals Initiative. The company is actively exploring for nickel, copper, cobalt and other metals in central Labrador. Labrador is largely underexplored and hosts several new nickel and base metal discoveries, including Voisey’s Bay nickel-copper-cobalt deposit. The Property was flown by a wide-ranging... 

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Merrex Commences Diamond Drilling at West Voisey’s Bay Nickel Project; $2.2 Million in Expenditures Approved

Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. (“Merrex”)(TSX VENTURE: MXI) announces that diamond drilling of Merrex’s West Voisey’s Bay Nickel Project in Labrador has commenced. “The management committee of the West Voisey’s Bay Joint Venture has approved a program budget of approximately $2.2 million comprised primarily of diamond drilling and additional... 

Canadian Stocks May Retreat as the Price of Crude Oil Declines

Canadian stocks may fall, as oil and gas producers including Suncor Energy Inc. retreat alongside the price of crude oil. Declines in the Standard & Poor’s/TSX Composite Index may be limited as financial companies such as Royal Bank of Canada may extend gains amid speculation the U.S. Federal Reserve may be close to ending its interest-rate increases. The S&P/TSX yesterday rose 120.32,... 

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