Claude Resources Announces 22,000 meter Underground Drill Program at Madsen, Red Lake

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..

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Claude Resources Inc reports on dewatering of the shaft at the Madsen mine at Red Lake

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..

Claude Resources Inc. on dewatering of the shaft at the Madsen mine at Red Lake

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..

Carlisle Goldfields to Acquire Additional Gold Assets From Delta Uranium Inc.

Carlisle Goldfields Limited a Canadian based gold exploration and development company announce that, further to its press release dated February 26, 2009, Carlisle will be acquiring additional gold properties from Delta Uranium Inc. (”Delta”). This is pursuant to a proposed business combination... Read more..

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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..

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AngloGold Ashanti Mineral Resource Increases at Tropicana

AngloGold Ashanti Australia Ltd is pleased to announce a Mineral Resource increase for the Tropicana Gold Project in Western Australia. The Tropicana Gold Project, located 330 kilometres east north-east of Kalgoorlie, is part of the Tropicana Joint Venture, which is 70% owned by AngloGold Ashanti Australia... Read more..

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Daleco Resources Corporation Updates Sierra Kaolin Open Pit Clay Mine Project

Gary J. Novinskie, President of Daleco Resources Corporation, announced that Tecumseh Professional Associates, Inc. (Tecumseh), joint venture partner and project manager in conjunction with Daleco’s wholly owned subsidiary, Clean Age Minerals, Inc., has submitted its Environmental Assessment (EA) for... Read more..

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Western Sierra (OTC WSRA) Reports Initial Production Results Targeting $400 Million in Reserves at Gold Basin Mine

Western Sierra Mining Corp. released preliminary ore refining data from production sites at the Gold Basin Mine currently being processed. Specifically, the initial production results from its “Site 76″ at the Gold Basin Mine are producing .75 grams gold per yard of processed ore. Michael... Read more..

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..

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Appalaches: Two Drills on the Dufferin Gold Mine Site in Nova Scotia

Ressources Appalaches is mobilizing a second drill to the Dufferin Gold Mine site in Nova Scotia. Appalaches is currently conducting a major 3,000-metre drilling campaign as part of its due diligence for the gold mine’s purchase. The objective of the work is to confirm the presence of 13 stacked... Read more..