Royal Roads regains 100% ownership of its Burtons Pond gold property, Newfoundland

Royal Roads Corp. announce that the Burtons Pond gold property ownership has reverted back 100% to Royal Roads. In December 2004 Buchans River Ltd. entered into a joint venture agreement which would enable Prominex Resource Corp. to earn a 70% interest in the Property by fulfilling certain obligations.... Read more..

Tag: gold deposits in newfoundland, newfoundland gold panning, exploration companies newfoundland, royal roads mine, proposed newfoundland gold mines

Paragon to Commence Drilling at South Tally Pond Project

Paragon Minerals Corporation provide the results of the Titan 24 geophysical survey completed on its 100%-owned South Tally Pond base metal project located in central Newfoundland. Up to 5,800 metres of diamond drilling is planned at the Lemarchant Prospect to follow-up on targets generated by the Titan... Read more..

Altius Reports Iron Ore Drill Intercepts in Labrador

Altius announce drill core assay results have been received for the first four drill holes from its Kamistiatusset iron ore property located 10 km southwest of Wabush Mines in the heart of the iron ore mining district in western Labrador, Canada. A work program consisting of 24 drill holes totaling 6008... Read more..

Champion Minerals Outlines Massive Sulphide Potential with New Gravity-Magnetic Anomalies at Gullbridge in Buchans Mining Camp

CHAMPION MINERALS INC. announce the completion of a gravity geophysical survey at the Company’s Gullbridge Base Metals Property in the Buchans Mining Camp, central Newfoundland. Champion has the option to acquire a 51% interest in the Property by paying $30,000, completing $800,000 in exploration... Read more..

Further change of directors and officers of Royal Roads

Royal Roads Corp. has announced further change of directors and officers of Royal Roads after the completion of the plan of arrangement with Buchans River Ltd. (”Buchans River”) following which Buchans River became a wholly-owned subsidiary of Royal Roads. Effective August 12, 2008, G. William... Read more..

Buchans River shareholders approve plan of arrangement with Royal Roads

Buchans River Ltd. and Royal Roads Corp. are pleased to announce that the shareholders of Buchans River approved the plan of arrangement (the “Arrangement”) between Buchans River and Royal Roads at a special meeting (the “Meeting”) of Buchans River shareholders held earlier today... Read more..

Champion Minerals Commences Diamond Drilling to Test New Combined Gravity-Magnetic Anomalies at Gullbridge and Powderhorn Properties in Buchans Mining Camp

CHAMPION MINERALS INC. announce that a diamond drill rig has been mobilized to the Company’s Gullbridge and Powderhorn Base Metals Properties in the Buchans Mining Camp of central Newfoundland. Drilling will consist of a three hole 1,600m program. The planned drill holes are targeting three of... Read more..

MetalCORP and Kennecott Sign Agreement on the GUP Project Located 300km West of Thunder Bay, Ontario, CANADA

MetalCORP Limited announce the signing of an option agreement with Kennecott Canada Exploration Inc. , an indirect wholly-owned subsidiary of Rio Tinto plc, a leading international mining group headquartered in London, UK. Kennecott has the right to earn 51% interest in MetalCORP’s GUP project... Read more..

Fronteer Announces Intention to Acquire Aurora Energy Resources Inc.

Fronteer Development Group Inc. announced that it intends to make an offer to acquire all of the outstanding common shares of Aurora Energy Resources Inc. that it does not already own. Pursuant to the Offer, Aurora shareholders will receive 0.825 of a Fronteer common share for each Common Share. The... Read more..

Champion Minerals Completes Initial Field Work on Fermont Iron Property

CHAMPION MINERALS INC. provide shareholders with an update on results of the initial field work completed to date as part of the Phase 1 exploration program on the 15 mineral concessions (refer to the appended table for a complete listing of concessions), of the Fermont Iron Property (the “Property”)... Read more..