Base metal

Results 1 - 10 of about 119 news for the tag: Base metal.

Logan Resources initial drilling results confirm historic results on Brynnor Iron project, Vancouver Island

November 26th, 2008

Logan Resources Ltd. announce that initial drilling results have confirmed historic Noranda surface drilling in the area. The initial four drill holes (totaling 1,100 metres) were sited to test an area where Noranda had completed four surface holes in the 1960’s. Logan’s four holes averaged 50.4% iron over an average vertical width of 55.8 metres [...]

Logan Resources begins drilling on Brynnor Iron project, Vancouver Island

November 17th, 2008

Logan Resources Ltd. announce that it has received the permit to begin drilling the Brynnor Iron project, located on its 100%-owned Redford Property, Vancouver Island, British Columbia. Crews mobilized over the weekend and drilling has now started. The Company plans to complete 6,200 metres of diamond drilling in 20 holes. D.J. Drilling Ltd. has been [...]

Drilling Update on Sarissa’s Nemegosenda Carbonatite Property

November 6th, 2008

Sarissa Resources, Inc., announce that a contract has been arranged for an initial fall diamond drill program on its Lake Nemegosenda Carbonatite property. The property comprises approximately 4800 acres (1800 patented, and 3000 contiguous acres staked in 2008) in Northern Ontario. The property is easily accessible off of Highway 101 between Timmins and Chapleau, [...]

Japanese Conglomerate Takes $40-million Stake in Junior Canadian Explorer’s Promising Alaskan Nickel Property

November 5th, 2008

Pure Nickel Inc. announce that it has entered into an exploration and option agreement with ITOCHU Corporation, a multi-billion dollar Japanese conglomerate. The agreement provides ITOCHU with the right to earn up to a 75% interest in Pure Nickel’s 720-square-kilometre MAN Alaska property by investing up to $40 million in further exploration and development of [...]

MetalCORP Initiates Spin-Off of Gold Properties Into a New Public Company

October 25th, 2008

MetalCORP Limited announces that it has received Court approval authorizing it, amongst other things, to hold a shareholders meeting to seek shareholder approval of the spin-off of several gold properties to a wholly-owned subsidiary, Preciousmetals Explorations Inc. or such other name as the Board of Directors and regulatory authorities may approve (”Newco”), and the distribution [...]

Melkior Has the Options to Earn 50% of Some Troilus Properties From Beaufield

October 24th, 2008

Melkior Resources Inc. has the option to earn a 50% interest in some Troilus properties in Quebec. Beaufield Resources Inc. has staked additional claims on its 100% owned Troilus base metal and gold properties to cover MEGATEM electromagnetic conductors and regional geochemical anomalies. Beaufield now holds 837 claims or 28740 hectares in the Troilus area [...]

Colorado Goldfields Inc. Completes 2008 Drilling Program, Eyes the Future

October 21st, 2008

Colorado Goldfields Inc., announces that the 2008 drilling program has been successfully completed. Several hundred pounds of surface and core samples have been sent to Skyline Assayers & Laboratories in Tucson, Arizona for analysis. Skyline is recognized as an industry leader for all types of base metal, ferrous and non-ferrous analysis including high quality ore-grade [...]

Goldstake - Instant Pond Gold-Copper-Silver Zone on the Clay Property

October 21st, 2008

Goldstake Explorations Inc. has received additional gold assay results on its Instant Pond Gold-Copper-Silver Zone on the Clay Property, Northeastern Ontario. One of two intervals of drill core containing visible gold in drill hole IP-08-11 assayed 18.62 g/t gold or 0.543 ounces per ton across 0.47 metres and is part of a gold-bearing section averaging [...]

Golden Hope Mines Begins Drill Program on its Riviere des Plantes Project

October 15th, 2008

Golden Hope Mines announces the transfer of its diamond drill rig from the Timmins gold deposit to its Riviere des Plantes serpentinite target located in Bellechasse - Chaudiere Quebec.
The property was acquired in June of 2008. Subsequently, Golden Hope acquired additional continuous claims around the property.
The Riviere des Plantes property covers the strike extension of [...]

Hana Mining Amends $1.5 Million Private Placement

October 14th, 2008

Hana Mining Ltd. announces that it has amended the terms of the private placement announced September 11, 2008.
The non-brokered private placement will now consist of up to 10,000,000 units (the “Units”) at a price of $0.15 per Unit. Each Unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each [...]