Romios Gold Resources Pleased With British Columbia Government’s Initiative to Advance the Northwestern Power Line

Romios Gold Resources Inc. is pleased to hear that Premier Gordon Campbell, and the Province of British Columbia have announced to immediately start the environmental assessment process and First Nations Consultation on the Northwest Transmission Line (NTL) along Highway 37. Tom Drivas, President of... Read more..

British Columbia Copper and Gold Projects to begin exploration

Trade Winds Ventures Inc released a report saying that the start of 2008 exploration on the Treasure Mountain Copper and the Dardanelles Gold projects located near Terrace, British Columbia. Permitting and mobilization is underway in preparation of field work on both projects once conditions permit.... Read more..

Melkior Resources: Drilling Extends Timmins Gold Bearing Structures

Melkior Resources Inc. announce additional assay results for 16 diamond drilling on the 100% owned Timmins West Property in Carscallen Township, Timmins, Ontario. Assay results for 41 out of 48 diamond drill holes have now been received. The best intersections from this set of assays were from TW-08-10-35... Read more..

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NovaGold Announces US$60 Million Financing With Electrum Strategic Resources

NovaGold Resources Inc. announced that it has entered into a definitive agreement with Electrum Strategic Resources LLC providing for the sale to Electrum on a private placement basis of 46,153,847 Units for a purchase price of US$1.30 per Unit, for aggregate gross proceeds of US$60 million. Each Unit... Read more..

Tag: electrum strategic resources ceo, gold mining companies offering warrants, gold mining financing, electrum strategic, electrum price

Ateba Resources Inc. Announces Revocation of Cease Trade Orders

Ateba Resources Inc. (”The Company”) is pleased to announce that effective December 18, 2008, the following cease trade orders previously issued against the Company have all been concurrently revoked by the relevant provincial securities regulators: a) an order issued by the Ontario Securities... Read more..

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Sampling from Douglas Lake’s Mbwemkuru project confirms gold and platinum content

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... Read more..

Beeston Delays Exploration on Ruth Lake Property

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... Read more..

Wallbridge Mining and Lonmin Approve $1.5 million for 2009 Sudbury Camp Joint Venture Exploration Program

Wallbridge Mining Company Limited announced that Wallbridge and its joint venture partner major platinum producer Lonmin Plc, have approved C$1.5 million of funding to carry out the 2009 work program on the Wallbridge/Lonmin Sudbury Camp Joint Venture (”SCJV”) properties. The funding provides... Read more..

Romios Gold’s Drilling Continues to Cut Bonanza Grade Mineralization at Newmont Lake Project

Romios Gold Resources Inc. report that the diamond drill program at its Newmont Lake property located in the Galore Creek area of northwestern British Columbia continues to encounter bonanza grade mineralization within a breccia that characterizes the North West Zone mineralization. Additional drilling... Read more..

High Desert Gold Corporation Provides Update on Shareholder Rights Plan

High Desert Gold Corporation provided an update on shareholder rights plan which was adopted effective October 29, 2008, subject to acceptance by the Toronto Stock Exchange (the “TSX”). As previously announced on November 3, 2008, the Company had been advised that Northern Financial Corporation... Read more..