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 [...]
Global Alumina Corporation, a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the “Project”), announced that it has received the aggregate first deferred subscription payment from its joint venture partners of approximately $42.2 million. The payment has been placed [...]
Explor Resources Inc. announce the acquisition of 12 mineral units (2) additional mineral claims to the 62 mineral units already owned (total units 74) and situated in Carnegie Township in the Porcupine mining division, district of Cochrane, province of Ontario.
Explor Resources inc., will pay $8,000 and issue 100,000 common shares for an Option to acquire [...]
Triangle Petroleum Corporation today reported the following update on its Maritimes Basin shale gas exploration program.
Windsor Block (516,000 gross acres) in Nova Scotia
The Company’s second vertical exploration well of 2008, O-61-C, finished drilling and was cased near the town of Walton, Nova Scotia. This well is located approximately 14 miles (22 kilometers) west of the [...]
Continental Nickel Limited announce additional assay results from the second season of drilling on its 70% owned Nachingwea nickel sulphide project in Tanzania. The Nachingwea project is a 70:30 Joint Venture with IMX Resources NL (”IMX”) of Australia. Continental Nickel is conducting a C$7.0 million exploration program at Nachingwea in 2008 and is well funded [...]
Adex Mining Inc. announce that Business New Brunswick, an agency of the Province of New Brunswick, has awarded the Company a $15,000 grant. The grant, provided under BNB’s Technology Adoption & Commercialization Program, will be applied to a metallurgical test program designed to economically extract tungsten and molybdenum from the Company’s Fire Tower Zone deposit [...]
Blue Note Mining Inc. announced that it will be initiating a temporary care and maintenance program at its Caribou and Restigouche zinc and lead mines, owned through its wholly-owned subsidiary Blue Note Caribou Mines Inc.
Since commercial production was achieved in January 2008, operating performance has continuously improved with all of the original planned production targets [...]
SLAM Exploration Ltd. announces a significant new discovery of massive sulphides in the Bathurst Mining Camp near Bathurst New Brunswick. Angular boulders of massive and stringer sulphides have been found over a strike length of 2 km. These boulders are spatially associated with a series of untested airborne conductors and magnetic trends that show a [...]
Blue Note Mining Inc. reports its recent underground exploration drilling at its Caribou mine near Bathurst, New Brunswick has confirmed continuity of mineralization to a depth of 600 meters.
Eight holes drilled into Lens 3 on Levels 5 (480m) and 6 (560m) and Lens 2 on Level 5 have successfully delineated additional resources. The best hole [...]
Urex Energy Corporation reports that the Company has discovered a new zone of uranium mineralization on the Company’s Cerro Solo Plateau Target in Argentina. The new uranium zone yielded a peak uranium value of 10.0 lbs of eU3O8 per ton (0.42 eU%) which occurs within an intercept of 2.24 meters grading 3.18 lbs eU3O8 per [...]
