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..
Royal Roads Corp. announce that the Burtons Pond gold property ownership has reverted back 100% to Royal Roads. In December 2004 Buchans River Ltd. entered into a joint venture agreement which would enable Prominex Resource Corp. to earn a 70% interest in the Property by fulfilling certain obligations. Under the terms of the agreement, Prominex was required to make cash payments totaling $35,000,... Read more..
Mengold Resources Inc. has compiled all of the results from a 13-hole 2,212m diamond drilling program on the Goldcreek Property conducted in the fall of 2008 as part of a joint venture between Mengold and Solomon Resources Limited. The drill program targeted the I-Zone in the northwest of the Property and provided an initial investigation of the Centre Zone. The I-Zone, where eight holes were drilled,... Read more..
Yale Resources Ltd. announce that its partner Enviro Energy Capital Corp. has started its first phase work program on the Mina San Jose, Zacatecas and Salvador claims that form the Zacatecas Venture. Yale owns 65% of the Zacatecas Venture with IMPACT Silver Corp. owning the remaining 35%. Enviro has an option to earn 100% of Yale’s ownership by making staged cash payments totaling $150,000,... 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..
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..
Zazu Metals Corporation announce further drill hole results from the summer development program at the Lik zinc – lead – silver deposit, 22km from the Red Dog zinc mine of Teck Cominco (”Teck”) in northwestern Alaska. Highlights of the fourteen drill holes include drill hole 176 with 9.89% zinc, 5.75% lead over 17.68m at a depth of 11.43m, and drill hole 182 with 9.12% zinc,... Read more..
GREAT PANTHER RESOURCES LIMITED announce that new underground drilling and mine development at the Company’s 100% owned Topia Mine in Durango, Mexico has successfully extended the potential for high grade silver, gold, lead and zinc mineralization along a 350 metre strike length and 150 metre dip extent of the Cantarranas Vein. New underground development along a 95 metre strike length of the... Read more..
The Directors of CANSTAR RESOURCES INC. announce that drilling has commenced on the Company’s CBS base and precious metal project on the Avalon Peninsula, Newfoundland. The program is designed to test a number of airborne conductors identified in the recently completed VTEM survey. Drilling will focus on selected airborne conductors as well as the Pastureland base and precious metal showing located... Read more..