GEO MINERALS LTD. announce that it has executed a lease-option agreement with Bronco Creek Exploration Inc. (“BCE”) to earn a 100% interest on the Copper Springs and Silver Bell West porphyry copper projects, both located in south-central Arizona. The Copper Springs property, located approximately 90 miles east of Phoenix, consists of 216 mining claims and 640 acres of fee land for a total...
Gold Port Resources Ltd. announce it has advised the Groete Creek Gold Project property owner that it intends to complete the purchase of the property by making the final payment of $ U.S. 250,000 due this month. Upon completion of transfer of title, the Company will own the project 100%, subject to a Net Smelter Royalty of 1.5% retained by the owner, which can be purchased for U.S. $ 3 million. The...
Tombstone Exploration Corporation today reported that drill hole TEMC 101 was completed at 980′. Recovery remained exceptionally high due to the triple technology, and the RQD rate in most instances was over 75%. Core has been photographed, diamond split and sent for assay to ALS Chemex. Drill hole TEMC 102 is under way and is currently at 300′. TEMC 102 is designed to intercept the Santa...
Lundin Mining Corporation is pleased to provide an update on the Tenke Fungurume Copper/Cobalt Project, in Katanga Province, Democratic Republic of Congo. Lundin Mining holds a 24.75% interest in Tenke Fungurume. The project is under construction by operating partner Freeport-McMoRan Copper & Gold Inc. (“Freeport”). Upon completion of this first phase of Tenke development, the mine...
Amera Resources Corporation (TSX VENTURE: AMS)(FWB: OAY)(WKN: A0B54E) is pleased to announce that a 10-12 hole 1,500m diamond drill program is underway on its Cocha sediment-hosted copper-silver project in Junin Department, Peru. Drilling will focus on the “Discovery Outcrop” area where a continuous series of chip samples assayed 0.80% copper and 10g/t silver over 80m, including two non-adjacent...
Universal Uranium Ltd. (TSX Venture: UUL) – is pleased to announce that Fugro Airborne Surveys of Toronto, ON, have begun the approximately 10,000 line km helicopter borne radiometric and magnetic survey of the Central Mineral Belt (CMB) and Seal Lake areas of Labrador. The surveys are based out of Postville on the coast and a camp on Seal Lake for the interior. The 4,963 claims, totaling approximately...
Tournigan Gold Corporation (TSX VENTURE:TVC.V ) is pleased to announce the acquisition of 413 federal lode mining claims covering 8,260 acres in the historic “Arizona Strip” uranium district in the Colorado Plateau of northern Arizona, USA. The claims cover known or potential uranium mineralization hosted in “collapse” breccia pipes. Uranium mineralization found in collapse...