Kootenay Gold (TSE:KTN) reports surface samples for the “Gringo”, “Vineteria” and “Rico” Zones at the Promontorio Silver project. This phase of exploration investigated 10 anomalies/target areas. Sampling and mapping was conducted with grab samples ranging from background to the above noted highs. Results outlined the presence of three areas of anomalous mineralization with similarities to the Promontorio [...]
Excalibur Resources reports the ongoing exploration program at Sturgeon Lake, northwestern Ontario. Excalibur’s Sturgeon Lake property is directly along strike and to the east of 6 VMS deposits that were mined between 1970 and 1991. A total of 19 million tonnes of ore was mined from these 6 VMS deposits with typical grades of 9% zinc, 1.5% copper, [...]
Rye Patch Gold Corp. reports drill hole assays for its spring drilling campaign on the Wilco project in Pershing County, Nevada. The present drill program is anticipated to continue until late June. A total of eleven reverse circulation drillholes is anticipated to be completed in the spring program. Assay results for drillholes WR-101 to WR-103 are [...]
Cream Minerals reports Cream Minerals De Mexico S.A. De C.V. has filed an application to denounce approximately 700 Hectares adjoining the Las Habas project; a high-grade silver based metal project. The newly denounced land package is located to the West of, and adjoins the Las Habas Project. The denouncement will increase Cream’s land holdings in the area [...]
Kootenay Gold and Arctic Hunter Uranium report results of a surface grab sampling program from the Santa Lucia gold and silver project in Sonora, Mexico. These results complement previous sampling from the Central zone which showed comparable results indicating the potential for bonanza grade gold and silver mineralization. Jim McDonald, CEO of Kootenay Gold and Tim Coupland, CEO [...]
Nevada Sunrise Gold reports its results from the 2008 exploration drill program on the Golden Arrow property, Nevada. Highlights include hole GA08-307 returning 30 feet at 0.446 oz/ton Au and 6.791 oz/ton Ag, and hole GA08-311 returning 9 feet at 0.571 oz/ton Au and 3.500 oz/ton Ag. Bill Henderson, CEO of Nevada Sunrise Gold states: “It is [...]
Romios Gold reports its sampling of a mineralized breccia swarm at their Trek property. Following the sampling program, a diamond drilling program was initiated to further test the exposed mineralization. The diamond drill program, consisting of six holes, as reported in Romios Gold’s Press Release dated Sept 3, 2008, produced positive results with hole TRK -08-01 cutting [...]
Delta Exploration reports results from 3 exploration diamond drill holes located on the new zone named the East Zone. The purpose of these three diamond drill holes was to conduct a limited evaluation of radiometric anomalies from work completed by Cogema in the late 1970′s. Mineralization in the form of uraninite and chalcopyrite was observed in East Zone drill [...]
FXStreet.com reports December silver is expected to be up to 26 cents while gold seen up at about $3.00. At 8:01 a.m. EDT, spot gold was trading down $1.95 to $888.75. In overnight activity, spot gold in Europe continued to fluctuate with the U.S. dollar and was pushed down Wednesday by the strength of the currency. Profit-taking [...]
Aura Minerals reports additional drill hole results from its Aranzazu Property in Zacatecas State, Mexico. Of particular interest is the discovery of a new zone termed the “BW Extension” which is proximal to the high-grade BW zone (less than 100 metres) that Aura Minerals is currently developing as part of the 2009 mine plan. The BW Extension [...]
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