Gold

News tagged with Gold on Mining Top News

Radisson Mining Relinquishes RM Nickel Property and Announces Positive Results of Massicotte Airborne Survey

June 1st, 2008
Radisson Mining Relinquishes RM Nickel Property and Announces Positive Results of Massicotte Airborne Survey

Radisson Mining announced it had entered into a Conditional Sale/Purchase Agreement for the purchase of 48 mining claims located in the township of Beauchastel in the Province of Quebec. This property was identified as the RM Nickel Property. Results of metallurgical tests recently received from SGS Lakefield Research Limited of samples generated from Radisson’s drill [...]

Mengold Closes $500,000 Private Placement With MineralFields

May 31st, 2008
Mengold Closes $500,000 Private Placement With MineralFields

Mengold Resources Inc. has closed a private placement through the sale of 2,000,000 units at a price of $0.25 per Unit, for gross proceeds of $500,000.
Each Unit consists of one flow-through common share and one transferable share warrant (each share purchase warrant a “Warrant” and collectively, the “Warrants”). Each Warrant entitles its holder thereof to [...]

Cadillac Mining Acquires Herd Dome Copper Prospect In British Columbia

May 29th, 2008
Cadillac Mining Acquires Herd Dome Copper Prospect In British Columbia

Cadillac Mining Corporation announces that it has entered into an option agreement with the Estate of Frank Onucki to acquire 567 hectares of mineral claims comprising the Herd Dome copper property. Located in the Omineca Mining Division of west central British Columbia, the prospect is situated 70 kilometers southwest of Houston, BC in a region [...]

Bolero Resources Corp. - Arcadia drilling commences

May 29th, 2008
Bolero Resources Corp. - Arcadia drilling commences

BOLERO RESOURCES CORP. announces today that the camp is now set up on Arcadia and drilling is about to commence. Bolero has the right to earn 50% of the Arcadia Property from Alix Resources Corp (AIX-TSX:V) (37N-FRANKFURT).
The Arcadia property represents an Archean lode-gold deposit located on the Arctic Ocean in Canada’s Nunavut territory, west [...]

Assay Results Pending From 275 Dogpaw Drill Core Samples; Summer Exploration Program Begins at West Cedartree

May 28th, 2008
Assay Results Pending From 275 Dogpaw Drill Core Samples; Summer Exploration Program Begins at West Cedartree

Houston Lake Mining Inc. is pleased to report it has completed the second half of a 5,008 metre (16,426 ft.) diamond drill program on its West Cedartree Gold Project. As the Company awaits assay results, it has begun a new summer exploration program at West Cedartree.
The second half of the spring 2008 program was initiated [...]

Chinese miner completes study on Benguet gold-copper mine

May 28th, 2008
Chinese miner completes study on Benguet gold-copper mine

Zijin Mining Group Co. Ltd. has completed its initial feasibility study on a gold-copper mine in Benguet province owned by Far Southeast Gold Resources Inc. (FSGRI).
China’s second largest gold miner is in the process of negotiating a final agreement, it said in a disclosure filed with the Shanghai Stock Exchange.
Listed local miner Lepanto Consolidated Mining [...]

Mantle Mining Corporation Announces Improved Confidence Levels for Granite Castle Resource

May 28th, 2008
Mantle Mining Corporation Announces Improved Confidence Levels for Granite Castle Resource

Mantle Mining Corporation advised that an upgraded resource estimate has recently been completed for the Granite Castle Project by Dr William Yeo MAusIMM. A summary of the underlying data and the methodology used for the resource estimates is appended to this announcement. Resource estimates of both gold and silver, from the 690m RL to the [...]

Silver Falcon Mining, Inc. (SFMI) Takes War Eagle Mountain Tailings Dump Samples; Reports on Road

May 28th, 2008
Silver Falcon Mining, Inc. (SFMI) Takes War Eagle Mountain Tailings Dump Samples; Reports on Road

Silver Falcon Mining, Inc. today released the results of the first trip this year to the summit of War Eagle Mountain.
A cursory examination of the War Eagle tailings dump resulted in an upward revaluation of the quantity of ore held in that particular dump and samples taken at random showed definite signs of gold mineralization. [...]

Union Gold Inc. Enters Into a Binding Merger Agreement With Shoal Point Energy Ltd.

May 28th, 2008
Union Gold Inc. Enters Into a Binding Merger Agreement With Shoal Point Energy Ltd.

UNION GOLD INC. a TSXV listed Company, announces that it has today entered into an binding agreement (the “Letter Agreement”) with respect to a proposed amalgamation or plan of arrangement, or other form of merger or business combination (the “Transaction”) with Shoal Point Energy Ltd. (”Shoal Point”).
About Shoal Point Energy:
Shoal Point Energy Ltd. is a [...]

Nickel mining firm barred in Davao Oriental

May 26th, 2008
Nickel mining firm barred in Davao Oriental

A Makati Regional Trial Court (RTC) has issued a writ of preliminary injunction against foreign-owned mining firm BHP Billiton, barring the company from operating in the Pujada Nickel mining site in the City of Mati, Davao Oriental.
In an Omnibus Order dated May 20, 2008, Judge Winlove Dumayas of the Makati RTC Branch 59 ordered BHP [...]