James Bay Resources Intersects VMS Zones in Drill Holes at McFauld’s Lake Property

James Bay Resources Limited provide a progress report on its continuing drill program on its McFauld’s Lake ‘Ring of Fire’ property in northern Ontario. The Company began drilling the first phase in late September and suspended drilling on October 31 due to freeze-up. The Company intends... Read more..

Aura Silver Resources Reports Update on the Taviche Property and Announces Acquisition in High Grade Antimony District in Oaxaca, Mexico

Aura Silver Resources Inc. wishes to report a strategic change to their joint venture program with Intrepid Mines Limited on the Taviche properties in Oaxaca, Mexico. As recently reported, the JV has determined that the size and potential of the Higo Blanco project is greater than previously anticipated.... Read more..

Tag: gold prospecting in oaxaca mexico, antimony mines in oaxaca mexico

Exploration Update on Midland’s James Bay Gold Properties

Midland Exploration Inc. provide an exploration update on work carried out on its gold properties located in the James Bay Area; an area that could become a major gold district in Quebec after the Abitibi Belt. These gold properties are currently held 100% by Midland Exploration Inc and are under an... Read more..

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Franklin Mining, Inc; Zinc Content Five Times Greater Than Earlier Report

Franklin Mining, Inc. Chairman and President William A. Petty releases a summary review of the assay report submitted by SGS Canada for June 2008 samples from the Escala Mine and submitted to the Franklin Board of Directors by Howard Dunn, Vice President of Operations, International Mining. The SGS report... Read more..

Escala Mine Initial Development Nearing Completion

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... Read more..

Tag: mina escala bolivia, escala mina, gold mine development jv, escala mina i, cooperativa minera inti

Ameron International Appoints Richard Mueller President of Water Transmission Group

Ameron International Corporation announced the appointment of Richard I. Mueller as Group President of the Water Transmission Group effective January 19, 2009. In his new position, Mueller will report to Gary Wagner, Ameron’s President and Chief Operating Officer. Mueller had been Senior Vice President... Read more..

Tag: gold ameron

Tao Minerals Announces Procurement of $500,000 Financing to Fund Further Development of El Colmillo Gold Mine

Tao Minerals, Ltd. announced that it has executed an agreement with Galleon Investments, Ltd., providing for a $500,000 financing. This financing is in the form of a convertible debenture, with terms stipulating an interest rate of 8% and a loan repayment due 90 days from the date of the execution of... Read more..

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Southern Hemisphere Mining Identifies Manganese Opportunities in Northern Chile

Southern Hemisphere Mining announce that the company has identified a manganese opportunity located 170 km inland from the Port of Arica, Northern Chile. The company believes that this opportunity has the potential to be a significant manganese resource. Los Pumas Project – Background This manganese... Read more..

Tag: manganese exploration in chile

Luna Gold announces private placement of C$2 million and reorganization and cost cutting measures

The Company has arranged a non-brokered private placement of Units at a price of $0.10 per Unit for gross proceeds of up to $2,000,000, subject to the approval of the TSX Venture Exchange. Each Unit consists of one common share and one-half of one share purchase warrant. Each whole warrant entitles the... Read more..

Eastmain Resources Inc.: Eau Claire Gold Deposit

Eastmain Resources Inc. announces preliminary assay results from the first 20 drill holes of the current program at its wholly-owned Eau Claire Gold Deposit, located in James Bay, Northern Quebec. These holes (ER08-113 to ER08-132), which have intersected the Main Group of veins below 2007 drilling,... Read more..

Tag: eau claire gold deposit