Avalon Ventures Ltd. announce assay results from the final 31 holes drilled in July, August and September, 2008 on the Lake Zone Rare Earth Element (”REE”) deposit on its 100% owned Thor Lake Rare Metals project located near Yellowknife, NWT. These holes were designed to define the southern, eastern and western margins of the deposit, and follow-up on the very encouraging results obtained... 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..
Shoreham Resources Ltd., a Canadian based exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in South America and Canada, is pleased to announce that the company has signed a Letter of Intent (”LOI”) with Mulgravian Ventures Corporation (a privately held company) whereby Mulgravian may acquire a 60% working interest in the Black Banana... Read more..
Harp Sangha, President/CEO of Douglas Lake Minerals announce the results from the analytical assessment of 5.1 kg of heavy mineral concentrates recovered from 127 samples of gold bearing alluvial material totaling 19.2 tonnes from the Company’s wholly owned Mbwemkuru Alluvial Gold Project located in the Lindi region in Southeastern Tanzania. The objective of this sampling program was to provide... Read more..
Beeston Enterprises Ltd. announces that is has delayed its 2008 exploration program planned for the Ruth Lake property near 100 Mile House, British Columbia, Canada into 2009. The property is favourably situated along the Quesnel Trough, a renowned geologic belt that hosts numerous base and precious metal deposits along with current and formerly producing mines. It is also located to the east of GWR... Read more..
Matthew Russell, President of Azteca Gold Corp. announces that diamond drill hole DDH-005B, on the Company’s 50%-owned Two Mile Project, was successfully wedged-off of the parent hole DDH-005A at approximately 3960 FT and is now at a depth of 4446 FT. The separation of the two drill holes as measured in plan-view is increasing as planned with the purpose of developing a mineral resource. The... 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..
Treasury Metals Inc., a growth orientated gold focused exploration and development company, today announced the results of the final 19 drill holes from its Goliath Gold Project. The 100% owned Goliath Gold Project is located alongside the Trans-Canada Highway near Dryden, Ontario. These drill hole results mark the conclusion of the drill program that started in February of this year, designed to verify... 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..
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..