Claude Resources Inc. will continue its underground drill program, targeted at the historic high grade 8 Zone, and concurrently execute its surface exploration program at the Company’s Madsen property located at Red Lake, Ontario. Phase 1 of the underground program, launched from the 10th level... Read more..
Dale Ginn, CEO of San Gold Corporation report that exploration drilling has encountered numerous gold-bearing zones that have not previously been discovered, drilled or developed at higher levels of the mine. In addition to the new breccia zones discovery, recent drilling has outlined important extensions... Read more..
As it is said in the report that the dewatering process remains on track to enable Claude Resources to commence underground drilling from the 12th Level, as previously announced, in the 4th Quarter 2008. The initial underground drilling target is expected to be the 8 Zone which was mined between the... Read more..
PREMIER GOLD MINES LIMITED is pleased to announce that drilling on the Rahill-Bonanza Joint Venture Property in Red Lake has intersected significant gold grades down-dip from the Bonanza Deposit, and a geologically important discoveries have been made on the west end of the project area, and adjacent... Read more..
Dynamite Resources Ltd. announced that an additional drill rig will be placed on the Mike Lake gold-copper property, located in the Yukon Territory, which brings the total number of drills operating at Mike Lake to three. The 2008 drill program at Mike Lake will now comprise 10,000 metres of drilling... Read more..
Claude Resources Inc told the press that the dewatering of the shaft at the Madsen mine at Red Lake, Ontario passed the 11th Level on July 14, 2008. The dewatering process remains on track to enable Claude Resources to commence underground drilling from the 12th Level, as previously announced, in the... Read more..
Bear Lake Gold Ltd. announces that it has mobilized an additional drill rig to accelerate the pace of the Phase 1 exploration program totalling 11,000 meters at its Larder Lake Project in Ontario. Recently, the contractor managed to drill successfully through a bad ground area associated with a fault... Read more..
Franconia Minerals Corporation report that it has received all funds from the State of Minnesota related to its 2006 loan agreement, providing the Company with a total of US$2.0 million in loans and US$500,000 in the form of a non-repayable grant. According to the original terms of the 2006 loan agreement,... Read more..
Cypress Development Corp. deep drilling program on the Cypress 80%, Skyharbour 20% Broulan Reef project in Red Lake, Ontario continues with a second deep rig being added to the property immediately. The Broulan Reef property is situated along the prolific Red Lake trend, west of Goldcorp Inc.’s... Read more..
Aura Silver Resources Inc. announce results of a field program undertaken in August on the Greyhound Lake project in Nunavut. Samples collected during the field work contained up to 4.1% copper (Cu), 13.4% zinc (Zn), 8% lead (Pb), 2800 grams per tonne (g/t) silver (Ag) and 28g/t gold (Au). The mineralization... Read more..