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 [...]
Kootenay Gold (CVE:KTN) annouced today that Brian Groves has been added to the company’s board of directors. Groves’ experience includes 12 years at Placer Dome and he is currently CEO of Skygold Ventures (CVE:SKV). Groves is quoted as saying: Having just completed a visit to Kootenay’s Promontorio Silver/Gold Project, I am pleased with the results [...]
New Guinea Gold Corporation has recorded a profit of $26,005 for the first quarter of 2009, but available cash was reduced largely due to increased exploration expenditures. R.D. McNeil, Chairman and CEO, stated: With improved weather expected from the forthcoming dry season Vat construction, mining, crushing and consequently gold production are all expected to significantly [...]
Fjordland Exploration (CVE:FEX) announced today the Woodjam Joint Venture jointly owned with Cariboo Resources (CVE:CRB) is granting an option to Gold Fields (NYSE:GFI) on the Woodjam North copper-gold-molybdenum property east of Williams Lake in BC Canada. Gold Fields can earn up to a 70% share in the property by spending $19m over 7 years. Tom [...]
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