Corriente Resources Inc. announces that its Ecuador subsidiary has received an official notice signed by Minister Derlis Palacios Guerrero of the Ministry of Mines and Petroleum in Ecuador which states that the company is authorized to reinitiate its field operations. Additionally, Corriente received... Read more..
Pinnacle Mines Ltd. announce the initiation of a Scoping Review of its majority-owned Silver Coin Gold Project, located in the Stewart Mining Camp of northwestern B.C., Mountain Boy Minerals Ltd. is the Company’s JV partner on Silver Coin. As reported in 2007 by Minefill Services Inc., the Silver... Read more..
Intrepid Mines Limited wishes to provide the market with an update on the mine life extension of the Paulsens Mine in Western Australia. Published gold ore reserves at January 2008 were 163,000 ounces down to approximately 300 metres from surface. The mineralisation on the main orebody was initially... Read more..
John Macken, President and CEO of Ivanhoe Mines, and Bret Clayton, Rio Tinto’s Chief Executive, Copper & Diamonds, said today that they were looking forward to engaging in negotiations with the Mongolian Government to conclude an Investment Agreement for the development of the Oyu Tolgoi copper-gold... Read more..
Endeavour Silver Corp. announces that exploration drilling on its Bolanitos properties at the Guanajuato Mines project in Guanajuato State, Mexico has encountered four new zones of high grade silver-gold mineralization. The best results to date are in drill hole SJS-1, which intersected 374 grams per... Read more..
Richmont Mines Inc. a gold exploration, development and production company with operations in North America, and LKA International, Inc. have agreed to extend by sixty days the “Initial Commitment Period” described in the amended and restated “Letter Agreement” dated December... Read more..
Golden Valley Mines Ltd. and its partner Lexam Explorations Inc. report on their exploration activities on the Mistassini-Otish Basins Uranium Project, located in north-central Quebec, Canada. Phase I Drill Program: Drilling was completed this week with a total of forty-two (42), shallow diamond drill... Read more..
Afri-Can Marine Minerals Corporation and Deep South Mining (PTY) Ltd. announce that the option and joint venture agreement with Teck Cominco Namibia Ltd., has been approved by the Ministry of Mines and Energy of Namibia. The Agreement is effective on July 28, 2008. The Haib Copper Project in southern... Read more..
Golden Valley Mines Ltd. report on drilling activities for the Company’s Abitibi Greenstone Belt “Grassroots Exploration Project”. Diamond Drill Program in Progress – Val-d’Or, Quebec: A first phase drilling campaign is underway on the Venus New Prospect (gold target: map... Read more..
The Directors of PROBE MINES LIMITED announced that a total of eight holes have been completed during first-phase drilling on the Company’s 100%-owned McFauld’s West property in the James Bay Lowlands. Ultramafic intrusive rock was intersected in three of the eight holes, and represent three... Read more..