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..

Clifton Star Provides Assay Results and Drilling Strategy Update

Clifton Star Resources Inc. Vice President of Exploration, Fred Archibald P. Geo, OGQ, is pleased to provide newly acquired assay results completed December 1st, 2008 and to announce the upcoming drilling strategy. Drilling on the Beattie-Donchester properties has been continuing to outline three mineralized... Read more..

Tag: recovery clifton star

Duluth Metals Continues to Receive Wide Significant Mineralized Intersections on Nokomis Deposit Drilling

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..

Tag: wordpress blogs

Aleris Announces the Closing of Its Tipton, Indiana Specification Alloys Facility

Aleris International, Inc. announced today that it will be permanently closing its Tipton, Indiana specification alloys facility, effective today. As previously announced, production at this facility was idled on March 30, 2008. Prior to idling production, the facility employed approximately 55 people.... Read more..

Deep Drilling at Rice Lake Mine Encounters New Massive High Grade Zones

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..

High Desert Gold Corporation Announces Substantial Issuer Bid at Cdn.$0.27 per Share

High Desert Gold Corporation announced a substantial issuer bid (the “Offer”), pursuant to which the Company will offer to purchase for cancellation a maximum of 36,000,000 common shares of the Company (”HDG Shares”) (approximately 87.7% of the currently issued and outstanding... Read more..

Almaden Minerals Ltd.: Drilling Recommences at Caballo Blanco, Mexico

Almaden Minerals Ltd. announce the commencement of diamond drilling on the Caballo Blanco gold project in the state of Veracruz, Mexico. Two track-mounted core rigs have been mobilized to the property by operating partner Canadian Gold Hunter Corp. (”CGH”) which has the option to earn a 70%... Read more..

Paramount Gold and Silver Corp. Reports Drilling Results From its San Miguel Project

Paramount Gold and Silver Corp. has received the assays from recently completed drill holes in the northern portion of its San Antonio resource area. These holes were drilled to test the northern extensions of the San Antonio vein system and to follow up an interesting gold intercept. Holes SA-57 and... 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..

Exeter Resource Corporation: Caspiche Drilling Extends Area of Excellent Grade Gold-Copper Mineralization

Exeter Resource Corporation reports excellent grades from drill hole CSD023, the first hole completed this season at its Caspiche gold-copper porphyry project in the Maricunga district, Chile. CSD023 intersected: - 102.0 metres (”m”) (335.0 feet (”ft”)) at a grade of 0.65 grams... Read more..