Osisko Mining Corporation submitted yesterday its environmental impact assessment study for its Canadian Malartic mining project to Quebec’s Ministere du Developpement durable, de l’Environnement et des Parcs (MDDEP).
“We’re very pleased to reach this major milestone in the regulatory approval process.” said Mr. Sean Roosen, President and CEO of Osisko. “To conduct this study over the [...]

Agnico-Eagle Mines Limited announced that it has executed a new non-amortizing US$300 million revolving credit facility, maturing September 2010. Including its pre-existing credit facility, the Company now has US$600 million of credit lines. The pre-existing facility is also a non-amortizing US$300 million revolving credit line, maturing January 2013. Both credit facilities are unsecured. The new [...]

Azimut Exploration Inc. reports the prospecting discovery of a 6-km-long radioactive zone on its Daniel Lake property in the eastern part of the Ungava Bay region of Nunavik, Quebec.
The delineation of this new zone (the “Puqila Zone”) further confirms the district-scale uranium potential of the region. Azimut previously reported significant uranium mineralization on its adjacent [...]

Uranium Bay Resources Inc. inform shareholders that during the course of our uranium exploration programme at the KUP/ K1 Project, in the James Bay region, exploration staff have possibly identified a buried sulphide ore body and that the Corporation has signed an agreement in order to purchase a 100 % interest in the exploration target [...]

Medallion Resources Ltd announced that it has optioned from privately held Romaine River Titanium Inc., the right to acquire a 100% legal and beneficial interest (”Option”) in the Everett iron-titanium property (”Property”). The Property consists of 59 claims, located three kilometres east of the Rio Tinto-owned Lac Allard iron-titanium mine in Duplessis County, Quebec. The [...]

The Directors of PROBE MINES LIMITED provide an update on its McFauld’s Lake area properties. Following drill programs on both Victory and McFauld’s West projects a VTEM survey was contracted to Geotech Ltd. covering the McFauld’s West and Victory projects, as well as a number of satellite properties. The survey has now been completed and [...]

Enbridge Inc. and BP Pipelines Inc. announced they have entered into an agreement to develop a new delivery system to transport Canadian heavy crude oil from Flanagan, Illinois, to Houston and Texas City, Texas, using a combination of existing facilities and new pipeline construction where required.
The new delivery system is expected to be in service [...]

Cabo Drilling Corp. announces that New Millennium Capital Corp. of Calgary, Alberta, has awarded Cabo’s Ontario division a contract for up to 10,000 meters of reverse circulation drilling on New Millennium’s DSO (Direct Shipping Ore) projects near Schefferville, Quebec.
New Millennium’s 2008 summer drilling program, intended to upgrade New Millennium’s historical resources to NI 43-101 standards, [...]