Helio Reports Drill Results from the Kenge Target, SMP Gold Project, Tanzania

January 15, 2009 Category: Gold, Mining Companies

Helio, through its 100% owned subsidiary BAFEX Tanzania Ltd., can earn a 100% interest in five contiguous licences, which cover a 34km strike length of the Saza Shear Zone. The project covers the New Saza Gold Mine, which operated between 1939 – 1956, producing approximately 270,000 ounces of gold... Read more..

Kalemela Gold Project Continues to Advance Based on Encouraging Soil Assays, Tanzania

November 5, 2008 Category: Gold, Mining Companies

Lake Victoria Mining Company, Inc. has received additional encouraging assay results from soil samples collected at the Kalemela gold project, about 125 kilometers east of Mwanza in northern Tanzania. Roger Newell stated that “these are the kind of gold-in-soil assays that encourage us to take... Read more..

Lakota Resources announces excellent results from the first hole of diamond drilling at Tembo, Tanzania

November 4, 2008 Category: Gold, Mining Companies

Ian F.T. Kennedy, President and CEO of Lakota Resources Inc. announce assay results from the first diamond drill-hole hole on its Tembo Property. A zone of multiple quartz veins within the host mafic volcanic rocks averaged 10.15 g/t Au over 3.50 metres from 38.50 – 42.00 metres down hole TEMDD001.... Read more..

Magnus International Resources Updates on Exploration Progress in Uganda

August 21, 2008 Category: Gold, Mining Companies, Palladium, Platinum, Silver, Uranium

Magnus International Resources, Inc. provide an update on its exploration activities in Uganda. Mashonga Project (gold and PGE’s): The initial stage of the RC drilling at the Mashonga Project is now complete, with 7 holes drilled at the Mashonga open-slot mine and artisanal workings, where high... Read more..

Banro intersects 29.00 metres grading 5.59 g/t Au, 7.70 metres grading 18.58 g/t Au and 13.50 metres grading 9.14 g/t Au in Pre-Feasibility Drilling at its Namoya Gold Project

August 19, 2008 Category: Gold, Mining Companies

Banro Corporation announce further results from the Company’s pre-feasibility, infill core drilling program at its wholly-owned Namoya project, located on the Twangiza-Namoya gold belt in the Democratic Republic of the Congo (the “DRC”). Assay results have been received for an additional... Read more..

Lake Victoria Mining Company, Inc on Gold Exploration at Kalemela Gold Project in Tanzania

July 25, 2008 Category: Gold, Mining Companies

Lake Victoria Mining Company, Inc told the press recently that the company will begin gold exploration at the Kalemela Project in Tanzania in which they have an 80% interest. Work will begin at the property some 125 kilometers East of Mwanza, Tanzania, over the next two weeks. Dr. Roger Newell, Lake... Read more..

Lake Victoria Mining to Commence Gold Exploration at Kalemela Gold Project in Tanzania

July 24, 2008 Category: Gold, Mining Companies

Lake Victoria Mining Company, Inc. announced they will begin gold exploration at the Kalemela Project in Tanzania in which they have an 80% interest. Work will begin at the property some 125 kilometers East of Mwanza, Tanzania, over the next two weeks. Lake Victoria’s President, Dr. Roger Newell,... Read more..