Melkior Resources: Drilling Extends Timmins Gold Bearing Structures

Melkior Resources Inc. announce additional assay results for 16 diamond drilling on the 100% owned Timmins West Property in Carscallen Township, Timmins, Ontario. Assay results for 41 out of 48 diamond drill holes have now been received. The best intersections from this set of assays were from TW-08-10-35... Read more..

Tag: depth of mining timmins gold mines, timmins mines, timmins gold mining area, timmins gold mines, timmins historical mining carscallen

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..

Alturas Defines Large Geophysical Targets Beneath Copper-Gold Anomalies at Its Sombrero Project, Peru

Alturas Minerals Corp. report that a recently completed ground geophysical survey has defined large, deeply rooted geophysical anomalies beneath strong copper-gold anomalies at its Sombrero project in southern Peru. The induced polarization anomalies form two circular centers beneath strong copper-gold... Read more..

Tag: ferrobamba formation

Klondex Initiates High-Grade Gold Resource Update to Include Two Years of Exploration Data

Klondex Mines Ltd., a gold exploration company, announced that it is in the process of preparing an NI 43-101-compliant resource update for its 100%-owned Fire Creek high-grade gold property in the Battle Mountain-Eureka Trend in Northern Nevada. The update, which is expected to be filed in the first... Read more..

Tag: edwin ullmer colorado

Blue Note Makes Significant Gold Discovery in N.B

Blue Note Mining Inc. reports discovering a significant gold occurrence on its Williams Brook property located close to its Caribou Mine near Bathurst, New Brunswick. Drill hole WB-08-11 returned 2.8 meters assaying 11.2 grams of gold per tonne including a half meter section assaying 24.1 grams of gold... Read more..

Tag: williams brook nb gold, blue note caribou goldmine, n b gold mines, caribou mine nb dec

Ventura Extends Gold-Silver Vein at Inmaculada Project, Peru, to Over 900m Strike Length, Reporting Drill Intercept of 8m at 9 g/t Gold and 132 g/t Silver

Ventura Gold Corp. has completed a fourth phase drilling program on the Angela Vein of the Inmaculada gold-silver project in Peru comprised of 18 core holes and totaling approximately 4,646 meters (”m”). The Company has now completed over 15,000m of drilling since inception of exploration... Read more..

Tag: inmaculada deposit peru

Satellite deposits adding ounces to Etruscan’s Gold Resources at Youga

Etruscan Resources Inc. reported initial gold resource estimates from two additional satellite deposits within 2.5 kilometers of the operating Youga Gold Mine in Burkina Faso, West Africa, and from the recently announced Ouaré Zone located 35 kilometers northeast of the Youga Gold Mine. Using a 1 gram... Read more..

Arctic Oil & Gas Corp. (AOAG): Norton Sound Oceanic Placer Gold Project; Up to 500,000 Ounce per Year Gold Production

Arctic Oil & Gas Corp., a resources exploration company, is pleased to announce the Company has set up a new division to pursue precious metals resource opportunities. The Company’s management has many years experience in exploring for and developing gold mines. Management believes that by... 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..

MonArc Corporation (MONA) Operational Update Peru Andrea SA Gold Mine

Mr. Alex Diaz, the company geologist and Andrea SA Co-President said, “Andrea SA project is not only an exploration opportunity, but a project in current production with the first full week’s 24hr production producing in excess of 3 kg or 100 ounces of traditional Inca Gold and 1 kg of Silver.... Read more..