Pacific Gold Corp released news saying that its subsidiary, Nevada Rae Gold has begun the process for the previously announced plant modifications at the Black Rock Canyon Mine. Nevada Rae Gold currently has over 1700 acres of land covered by claims and leases in between the famous Cortez and Battle...
Wits Basin Precious Minerals Inc published an announcement saying it has intercepted another significant gold interval in the Groundhogg Vein at the Bates-Hunter Mine in Central City, Colorado.The intersection occurred in drill hole BH-08-10. It assayed 0.265 ounces per ton (opt) gold (Au) over a sampled...
Barrick Gold just published a hostile takeover bid for Alberta oil producer Cadence Energy, with a price tag of around $350 million. Cadence Energy produces 3,600 barrels of oil equivalent (BOE) per day, and sports an estimated reserve life of 13.8 years. With a market capitalization of $43 billion,...
Magnus International Resources, Inc. is pleased to announce that a 2,500 meter RC drilling program in Uganda commenced this week at its flagship Mashonga property. The Mashonga Project is located in the Buhweju goldfields of southwestern Uganda. The drill program will target the Mashonga open-slot mine...
HuntMountain Resources has identified an additional high-grade zone of gold mineralization through its ongoing diamond core drilling program at the La Josefina gold-silver project in Santa Cruz Province Argentina. The Company’s exploration team isolated the previously unrecognized structural corridor...
Wits Basin Precious Minerals Inc. is pleased to announce that it has intercepted another significant gold interval in the Groundhogg Vein at the Bates-Hunter Mine in Central City, Colorado. The intersection occurred in drill hole BH-08-10. It assayed 0.265 ounces per ton (opt) gold (Au) over a sampled...
Firstgold Inc is opening a full service metals and mineral assay laboratory in Lovelock, Nevada. it is aimed at processing samples from Firstgold’s Relief Canyon project, other Firstgold exploration properties, and provide excess capacity to outside mining and exploration companies. Steve Akerfeldt,...
Newmont Mining Corp, a global gold miner said that the company will sell its gold from Nevada mines to provide supply so called “Earth, Love” jewelry. They are sold in The Wal-Mart stores. the largest jewelry retailer in the world. Newmont itself is based in Denver. in doing the project it has a...
New Jersey Mining Company has a new prospect known as the progress is just west of the Niagara copper-silver deposit. This new gold prospect is located near Murray, Idaho. They have a method called Soil sampling which indicates a zone of gold in soil which is 80 meters and at least 350 meters long. Old...
New Jersey Mining Company is pleased to announce that it has staked another gold prospect near Murray, Idaho. The new prospect known as the Progress is just west of the Niagara copper-silver deposit. Soil sampling has indicated a zone of anomalous gold-in-soils that is 80 meters wide and at least 350...