Pinnacle Mines Ltd. announce the initiation of a Scoping Review of its majority-owned Silver Coin Gold Project, located in the Stewart Mining Camp of northwestern B.C., Mountain Boy Minerals Ltd. is the Company’s JV partner on Silver Coin. As reported in 2007 by Minefill Services Inc., the Silver Coin property hosts a NI 43-101 compliant resource of 423,002 ozs. of gold and 3,423,531 ozs. of... Read more..
TRINITY MINING HOLDING AG announce that a large 1.5 km by 0.75 km I.P. anomaly, interpreted to be associated with a potential large copper-gold-silver disseminated mineralization, has been detected in a recent geophysical survey conducted on its 600 hectares Manarsa Tres property located in the department of La Libertad in Northern Peru. The anomaly is interpreted to indicate the presence of a body... 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..
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..
The management of Arianne Resources Inc. report drilling results from the Pau Zone, one of the three mineralized zones of its Lac a Paul phosphorous-titanium property located in Quebec. The drilling campaign on the Pau Zone and Zone 2 was completed November 20, 2008 and drilling on the Man Zone will resume on January 20. In total, including the Man program, Arianne will have tested, with 5,000 meters... 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..
Hot Web Inc. announced that the Company has entered into an option agreement with Sarissa Resources, Inc. to earn up to a 50% interest in the Claims located in the townships of Asquith and Churchill in the Province of Ontario, generally known as the “Shining Tree Property”. The 50% “earn-in” interest will require Hot Web to fund expenditures to begin exploring and drilling the... Read more..
CHAMPION MINERALS INC. announce that a diamond drill rig has been mobilized to the Company’s Gullbridge and Powderhorn Base Metals Properties in the Buchans Mining Camp of central Newfoundland. Drilling will consist of a three hole 1,600m program. The planned drill holes are targeting three of the five higher priority targets identified from a 2008 ground gravity survey. The gravity anomalies... 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..
BacTech Mining Corporation announce that is has begun working with University of Toronto researchers, Dr. Grant Ferris and Dr. Chris Kennedy. Dr. Ferris, a Professor in the University’s Department of Geology, is also the Director of the Microbial Geochemistry Laboratory (”MGL”), with over 25 years of experience investigating the interaction of metals and bacteria. Dr. Kennedy, also... Read more..