Pele Mountain Begins Drilling at East Highland Gold Project

January 18, 2010 Filed Under: Precious Metal  
Pele Mountain Begins Drilling at East Highland Gold Project

Pele Mountain Resources Inc. announced the start of diamond drilling at its East Highland Gold project in Northern Ontario. East Highland is 100-percent owned by Pele Gold Corporation, a wholly owned subsidiary of the Company. Pele focused its efforts at East Highland in the late-1990s, concluding with the successful mining and processing of bulk samples at the Markes and ‘A’ zones in 1999.... 

Blue Note Mining Mobilizes Drill Rig on Williams Brook Gold Property

August 31, 2009 Filed Under: Precious Metal  
Blue Note Mining Mobilizes Drill Rig on Williams Brook Gold Property

Blue Note Mining Inc., a Canadian mineral exploration and mining company headquartered in Montreal with operations in Bathurst, New Brunswick reports that it has engaged Logan Drilling of Stewiacke, Nova Scotia, to begin a 10-hole drilling program on Blue Note’s Williams Brook Gold property located near Bathurst, New Brunswick. The aim of this drill campaign is to further define the grade, frequency... 

Atna Receives Approval for Development of Reward Gold Mine

August 24, 2009 Filed Under: Precious Metal  
Atna Receives Approval for Development of Reward Gold Mine

Atna Resources Ltd. announce that the US Bureau of Land Management has signed the Record of Decision and Finding of No Significant Impact to approve development of the Reward Gold Project located near Beatty, Nevada. “This decision is a major milestone and a positive outcome for the development of Reward. We look forward to breaking ground on the project and have initiated discussions with various... 

Hawthorne Commences Mining of Bulk Sample from Taurus

August 20, 2009 Filed Under: Precious Metal  
Hawthorne Commences Mining of Bulk Sample from Taurus

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... 

Galantas Further Upgrades Mining Equipment and Increases Production

May 21, 2009 Filed Under: Mining Equipment  
Galantas Further Upgrades Mining Equipment and Increases Production

Galantas Gold Corporation has received provisional results for the first quarter of 2009 from its wholly owned subsidiary Omagh Minerals Limited (OML). OML operates the only gold mine in Ireland and produces a concentrate containing gold, silver and lead. The first quarter of 2009 (ending March 31st) saw production of an estimated 511 wet tonnes (481 dry tonnes) of concentrate. Metals content of the... 

Hidalgo Mining International New Production Plan in Ghana

March 23, 2009 Filed Under: Precious Metal  
Hidalgo Mining International New Production Plan in Ghana

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced today to shareholders its new production plan in Ghana, West Africa. Mark Daniel Klok, President of HMIT, stated, “Due to the recent coup and instability in Guinea, management has implemented an alternative production plan to protect its shareholders from further political risk, an unstable... 

Pacific North West Capital Corp. announces option to acquire the Nixon Fork gold mine in central Alaska

December 19, 2008 Filed Under: Copper Mining, Precious Metal  

Pacific North West Capital Corp. announce the signing of a letter agreement pursuant to which it has acquired an option, exercisable until February 15, 2009, to purchase a 100% interest in Mystery Creek Resources, Inc. (MCR), a wholly owned Alaskan subsidiary of St Andrews Goldfields Ltd.. MCR’s assets include the Nixon Fork gold mine, located 56 kilometres northeast of McGrath, Alaska. PFN has... 

Diadem Engages International Fund for $6 Million Financing

October 16, 2008 Filed Under: Diamond Mining, Mining Stocks  

Diadem Resources Ltd. announce that it has entered into an agreement to retain Wakabayashi Fund LLC of Tokyo, Japan to assist Diadem in structuring and arranging one or more financings over a six month period. This will provide the Company with funding for general corporate purposes and to carry out a drilling program at its Franklin Diamond Project located on the Parry Peninsula in the Canadian Arctic.... 

Dynamite Resources Acquires 40% Interest in Segala Gold Project, Mali

October 9, 2008 Filed Under: Precious Metal  

Dynamite Resources Ltd. announced that it has entered into an agreement to purchase a 40% interest in the Segala gold project located in Mali, West Africa from Avion Resources Corp.. Avion Resources will retain a 40% interest in the Segala Gold Project, with the remaining 20% interest held by the Government of Mali. David Argyle, the President and CEO of Dynamite, commented, “We are very pleased... 

Sherwood Reports Further High Grade Intercepts From Its Kutcho Copper Project

September 22, 2008 Filed Under: Copper Mining, Precious Metal, Zinc Mining  

Sherwood Copper Corporation announced the third batch of assay results from its 2008 drill program at the high grade Kutcho Copper Project, located in north-western British Columbia. This program is defining high grade mineralization in the “Main” deposit, one of three massive sulphide deposits identified at Kutcho, which Sherwood controls through its wholly owned subsidiary, Kutcho Copper...