Tarsis Resources Ltd. (CVE:TCC) reports its exploration update activities in the Yukon Territory, Canada. At Tarsis’ MOR project, diamond drilling of 443.83 meters has been completed in two holes designed to test a strong copper geochemical soil anomaly in close proximity to both an IP and a gravity anomaly. Mineralized intervals from the drill core have been [...]
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.
SEMAFO (TSE:SMF) is a gold mining and exploration company which operates three gold mines in West Africa: the Mana Mine in Burkina Faso, the Samira Hill Mine in Niger and the Kiniero Mine in Guinea. The company’s organic growth approach and extensive exploration during this first part of 2010 could yield strong returns for shareholders.
Tarsis Resources is a junior exploration company based in Vancouver, Canada with a focus on base and precious metal deposits. The Company holds thirteen properties, twelve in the Yukon, Canada, and one in Guerrero State, Mexico. They are currently seeking joint venture opportunities to advance their projects.
Supreme Resources [TSX.V:SPR] announced a non-brokered private placement consisting of up to 4,166,666 units at a purchase price of $0.12 per Unit to raise gross proceeds of up to $500,000.
Teryl Resources (TSX-V:TRC) reported today their latest drilling results at the Gil deposit which they are joint venturing with Kinross Gold (TSX:K). Results include up to 4.38 grams per tonne over 32 metres. John Robertson, the President of Teryl is quoted saying: …several other exploration targets have been identified but not fully tested on the [...]
Colossus Minerals (TSX:CSI) annouced new results from step out drilling today. The numbers continue to be impressive with 70 meters of 53.59 g/t gold, 20.77 g.t platinum and 31.3 g/t palladium. Colossus VP Exploration Vic Wall is quoted as saying: up to 400 metres south of the historical open pit, Colossus drilling has outlined substantial [...]
Canadian-based mineral exploration and development company Premier Gold Mines (TSX: PG) has teamed up with Jones, Gable & Company Limited and placed its shares at $3.65. Premier plans to use the gross proceeds from the sale of the shares for exploration programs to be conducted on the Hardrock project, Red Lake projects and PQ North [...]
Centerra Gold reports an update on its Kumtor mine in Kygryzstan. The company has lowered its production target by 17% from the earlier target of 560,000 to 600,000 ounces. The decision sent its shares tumbling by 4%. The press release is quoted as saying: At the Kumtor mine, the accelerated waste and ice movement experienced [...]
Minco Gold (TSX:MMM) announced today that Accel China Grouth Fund II has agreed to purchase 5,000,000 shares at $0.88 per share for total proceeds of $4.4 million. The financing was not brokered and represents 10.3% of the issued and outstanding shares of Minco Gold. The press release is quoted as saying: The net proceeds from [...]
Friday, July 9, 2010