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... Read more..
VMS Ventures Inc. announce results from drill hole RD-08-73 at its Reed Lake Discovery Zone near Snow Lake, Manitoba. Vice President of Exploration, Dr. George Gale, states: “Hole RD-08-73 was drilled below, and at the same azimuth as, holes RD-08-61, RD-08-51 and RD-08-54 near the western edge... Read more..
Duluth Metals Limited announced significant new assays for 15 holes drilled in the Nokomis Deposit located near Ely, Minnesota. Of particular interest, Hole MEX-141, has expanded the Eastern High Grade Corridor (see October 27, 2008 press release) to the south-west, intersecting a 35.0 foot section of... Read more..
DUMONT NICKEL INC. announce that a NI-43-101 compliant Technical Report for its 100% held Alberta SBH polymetallic black shale Property has been filed on www.SEDAR.com. The Report is also available from DUMONT’s website. DUMONT concluded acquisition of the Property in July, 2008, and has not... Read more..
Silver Dragon Resources Inc. announce that it has engaged Beijing Ten-star Technology Ltd., a Chinese project management and consulting service provider, for a feasibility study on project development of the Erbahuo silver mine, which is Silver Dragon’s flagship property in northern China. Silver... Read more..
Silver Shield Resources Corp. announced the remaining assay results from its 3,000 metre diamond drill program at its Welsh Silver Mine property in Elk Lake, Ontario. 20 of the 22 holes were drilled in the area approximately 1 km SE of the Welsh Mine. Two holes, WS-08-19 and WS-08-20 were drilled 500... Read more..
Nevoro Inc. announce exploration plans for its Stillwater, Moonlight and Monarch projects. Stillwater Ni-Cu-Co-PGE-Cr Project, Montana At Stillwater Nevoro plans to test several targets including the “A” and “B” chromitite reefs in the Mountain View area, Ni-Cu-Co mineralization... Read more..
Millstream Mines Ltd. is pleased to report that it has negotiated an agreement in principle to reacquire the 10% net profit interest (”NPI”) in the Potter Mine Property Tailings that it had previously sold to a former director on April 11, 2001. Through this course of action Management will... Read more..
The media has reported that Shares of Freeport-McMoRan Copper & Gold Inc. dropped 6 percent Tuesday after the global mining company reported its second-quarter income slid 14 percent because of lower sales volume and one-time costs. The stock fell $6.48 to close at $100.53. The stock has ranged from... Read more..
Baja Mining Corp. provides the following update on the development of the El Boleo Project, Mexico. Korean Consortium Transaction The Company closed the sale of a 30% interest in the El Boleo Project on May 30th 2008 and received the initial payment of approximately US$90 million from the Korean Consortium... Read more..