Articles Tagged "drill"

Opawica Explorations Inc. – Ontario Gold and Copper

Opawica Explorations Inc. is a junior explorations company with interests in the exploration and development of mineral resource properties. They main focus is the 100% owned Atikwa Lake-Mayburn gold and copper project located near Kenora, Ontario.

Rye Patch Goal: Ten Million Ounces

Rye Patch has acquired advanced assets and explored aggressively towards its goal of a 10-million ounce gold inventory within 36 months. The company’s Nevada focus arose from management’s considerable knowledge of the region and Nevada’s key position in world gold output. The state currently produces 78% of U.S. gold and 8% worldwide.

Romarco Minerals gets more land

Romarco Minerals Inc. has reported that it has acquired more land near to the Halle Gold Mine in South Carolina. The Ridgeway Mine, Haile Gold Mine, Brewer Mine (former producing gold mines) and Buzzard are situated along a SW-NE gold trend known as the Slate Belt of the Carolinas. Diane Garrett, President and CEO commented: [...]

Mountain Lake’s drill results

Results of the drill program on the Valentine Gold Lake property have been announced by Mountain Lake Resources Inc (MOA-TSX). The report suggests that the gold deposit is open to the southwest, which will expand the main resource. It was interpreted that the deposit continued to the southwest beyond the limit of the current resource [...]

Pacific Iron Ore provides update

Additional channel sample results with respect to the St. Anthony’s Gold project has been announced by Pacific Iron Ore Corporation (TSX.V: POC). The project has the potential to host gold resources. These results confirm historic grades from the St. Anthony mine area and demonstrate widespread gold mineralization over a large area. In light of the [...]

Colossus hits more significant results

Colossus Minerals (TSE:CSI) reported today results from the first two of it’s Phase II drill results.  Included in the results were 27.9 meters at 35.49 grams per tonne gold, 19.89 grams per tonne platinum and 25.14 grams per tonne palladium.  This mineralization was intersected starting at 208.4 meters down hole.  True widths have yet to [...]

Kinross spends $10m on Fort Knox Expansion

The Alaska Journal of Commerce reports on Kinross Gold’s (TSE:K) plans for exploration and expansion at it’s Fort Knox gold mine in Alaska. Included in the plans is 16,000 feet of drilling at the Gil prospect joint owned with Teryl Resources (CVE:TRC). Arne Bakke, chief exploration geologist at Fort Knox is quoted saying: We’re evaluating other [...]

Teryl, Kinross Start Drilling

Teryl Resources (CVE:TRC) annouced today that drilling has commenced on the Gil claims in Alaska.  The claims are owned and operated with Kinross Gold (TSE:K) with a 80/20 split, 20% to Teryl.  Teryl states that 3,000 meters or reverse ciculation drilling and 1,800 meters of core drilling are planned. Click here for the full release.

Teryl Resources – JV with Kinross 6 miles from Fort Knox Mine

Teryl Resources Corp. is one of the main holders of gold mining properties in Alaska's Fairbanks Mining Division with significant land holdings around and adjacent to Kinross' Fort Knox Mine, the largest producing gold mine in Alaska.

22 Samples average 5.71g/t Gold and 114g/t Silver

Kootenay Gold (TSX-V:KTN) annouced today the results from surface sampling of the Dorotea Structure at its Promontorio project in Northwest Mexico. Maximum values fromt he 22 samples were 45.6g/t gold and 587 g/t silver with average values for copper, lead and zinc of 0.2%, 1.3% and 0.11% respectively. Kootenay’s CEO Jim McDonald is quoted as [...]