SearchGold Resources Inc. provide additional technical details on the 400 km2 Arae-Gassel Gold Property located in northern Burkina Faso, West Africa, where it has an option to acquire 100% interest from Somika SARL. Recent compilation has highlighted the Inata-Kerboule shear as a major regional structure over 30 km in strike length which is host to Wega Mining’s 1.4 million oz Au Inata deposit(i)... Read more..
CityView Corporation Limited announces that Canzar Resources Limited, the Operator of the Nhefo and Luachisse diamond concessions in Angola, has engaged International Progress & Design of South Africa to supply Dense Medium Separator (DMS) mobile plants for installation at Nhefo. The combined plants should be capable of processing 400 tonnes of feed per hour. CityView CEO Mark Smyth commented:... Read more..
Corriente Resources Inc. announces that its Ecuador subsidiary has received an official notice signed by Minister Derlis Palacios Guerrero of the Ministry of Mines and Petroleum in Ecuador which states that the company is authorized to reinitiate its field operations. Additionally, Corriente received its Water Use Concession for general water use at the Mirador camp on February 26, 2009 and will update... Read more..
Itronics Inc. reported that its wholly-owned subsidiary, Itronics Metallurgical, Inc., has made a silver refining process discovery that increases per melt bullion recovery by 40 percent and reduces the per ounce silver refining cost proportionately. The Company is now implementing the new process into its refining operation and expects the transition to be completed this month. “The new process... Read more..
Denison Mines Corp. announce a NI 43-101 resource estimate on its Mutanga project in Zambia. Measured and Indicated resources are estimated at 2.0 and 5.8 million pounds U3O8 respectively and Inferred resources exceed 13 million pounds U3O8. The resource estimate is based on 45,600 metres of development drilling carried out by Denison from late 2007 through to mid-2008. Results of the highly successful... Read more..
Franklin Mining, Inc. continues to develop the Escala in a joint-venture with Corporación Minera de Bolivia (COMIBOL) and Cooperativa Minera INTI Ltda. Escala Mina I, located in the Sud Lipez Province, San Pablo Canton, Department of Potosi, Bolivia, was established during the Spanish colonial period. Franklin anticipates having commercial operations underway at the end of March 2009. Bringing the... Read more..