Fronteer Development Group Inc. announce that widely spaced regional drilling at its Halilaga Project in northwestern Turkey has intersected encouraging new copper-gold mineralization, reinforcing the prospectivity of this emerging mineral belt. Teck Cominco Limited’s Turkish subsidiary, Fronteer’s 60% joint venture partner, is currently testing a series of geochemical and geophysical anomalies... Read more..
GoldQuest Mining Corp. report drill results from ten holes completed on its 100% owned Las Animas project located in the central Dominican Republic. The Las Animas project is excluded from the Gold Fields Option Agreement. The drill results of the last ten diamond drill holes totalling 1,879 meters of the Phase 3 drill programme at Las Animas are reported. Nine of these holes (1,208 m) were drilled... Read more..
PolyMet Mining Corp. announced that it has received the draft Environmental Impact Statement (”EIS”) assessing the Company’s proposed mine development project located in the established mining district of the Mesabi Iron Range in northeastern Minnesota. PolyMet controls 100% of the NorthMet copper-nickel-precious metals ore body and owns the nearby Erie Plant. The draft EIS was prepared... Read more..
Fronteer Development Group Inc. announced that it intends to make an offer to acquire all of the outstanding common shares of Aurora Energy Resources Inc. that it does not already own. Pursuant to the Offer, Aurora shareholders will receive 0.825 of a Fronteer common share for each Common Share. The Offer represents a premium of approximately 166% over the December 19, 2008 closing price of the Common... Read more..
Alturas Minerals Corp. report that a recently completed ground geophysical survey has defined large, deeply rooted geophysical anomalies beneath strong copper-gold anomalies at its Sombrero project in southern Peru. The induced polarization anomalies form two circular centers beneath strong copper-gold anomalies and oxidized skarns that were reported previously in a press release dated September 4,... Read more..
Cadillac Ventures Inc. announce that it has signed a joint venture agreement with Minas de Aguas Tenidas, S.A., a wholly owned subsidiary of Iberian Minerals Corp. encompassing 14 properties totalling approximately 232 km(2) within the prolific Iberian Pyrite Belt of southern Spain. Iberian is presently bringing the Aguas Tenidas deposit into production and completing a 1.7 million tonne per year concentrator... Read more..
Iberian Minerals Corp. announces that the Company’s wholly-owned subsidiary, Minas de Aguas Tenidas, S.A. has entered into a joint venture agreement with Cadillac Ventures Inc., a Canadian junior exploration company. The Agreement relates to 14 properties comprising all or part of 24 Mining Concessions plus 6 Investigation Permits (one at application stage) totalling 231.9 km2 (the “Properties”)... Read more..
COGITORE Resources Inc. announces that it has filed on SEDAR the feasibility study by engineering firm GENIVAR on the company’s 100% owned Estrades Mining Lease in northwestern Quebec. The study is in the form of a NI43-101 compliant Technical Report and consists of an exhaustive evaluation of all costs involved with rehabilitating the former producing Estrades mine, mining ore zones to a depth... Read more..
Jasper Mining Corporation has reviewed metal prices used for the purposes of a copper equivalency (”Cu. EQ.”) calculation. To date, prices from the September 8 – 14, 2008 issue of The Northern Miner were utilized, however, the prices of both copper and molybdenum have since fallen markedly. The Company chose to continue using those metal prices in subsequent News Releases so as to... Read more..
Unico, Incorporated, a natural resource company in the precious metals mining sector, today announced the addition of a new photo gallery showing recent activities at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah, including the production of concentrate ready for shipment. The new photo gallery has been added to the “Media” section of the Unico website at www.unicomining.com. Included... Read more..