Bayswater Uranium(CVE:BYU) reports drill results from Kilgore gold project, in Clark County, Idaho. The drill results comprise significant, potentially bulk-mineable, open-pittable intercepts. Highlights of these first five drill holes, listed in Table 1 below, include intercepts of 55.5 metres (m) of 1.36 grams per tonne gold (g/t Au) in hole 10 OKC-208 and 30.4 m of 2.53 [...]
TerraX Minerals Inc. (CVE:TXR) reports the beginning of its fieldwork on its three wholly-owned properties near Atikokan, Ontario. The objective of the fieldwork is to conduct detailed surface mapping to identify the areal extent of the distinctive rock units encountered during our recent drilling that contained gold mineralization. For complete news release, click here. For [...]
High Desert Gold (CVE:HDG) reports results from its drill program at the Gold Springs project that was conducted in both Utah and Nevada. The program was successful in extending the known gold mineralization within the main Jumbo Zone and also intersected a second, deeper zone in one drill hole that has potential to further extend the mineralization. Ralph [...]
Excalibur Mining (ASX: EXM) reports an update as to progress at the Company’s Browns Range project, Northern Territory of Australia. A total of 267 holes for 8,760 metres has been undertaken on 9 targets which had been identified from previous airborne geophysics as having potential for unconformity style gold / uranium mineralisation. For complete news release, click here. [...]
Kootenay Gold Inc. (CVE:KTN) reports it has obtained an independent mineral resource estimate from AGP Mining Consultants for the pit discovery zone at its Promontorio silver-lead-zinc property in Sonora, Mexico. The AGP resource estimate comprises Indicated Mineral Resources of 5.22 million tonnes averaging 52.7 g/t silver, 0.86% lead and 0.96% zinc, containing 8.9 million oz Silver, 99.3 [...]
Caldera Resources (CVE:CDR) reports initial results from its summer work program. “Results from resampling of historic trench samples released today confirm that the Marjan Gold and Silver Project carries good grades of gold and silver. For complete news release, click here.
Rye Patch Gold Corp. (CVE:RPM) reports a the remaining assays from its spring drilling campaign on the Wilco project in Pershing County, Nevada. “We are very pleased with the results of this Wilco drilling program. Our ability to predict high-grade zones and then drill them is improving, and a core program will provide more insight into [...]
American Bonanza Gold Corp. (TSE:BZA) reports it has closed the purchase of a milling and flotation circuit for the 100% owned Copperstone , Arizona. Bonanza acquired the 700 ton per day milling and flotation/gravity plant, including a pre-engineered mill building, for a purchase price of US$400,000 and the issuance of 1,250,000 common shares. For complete news [...]
Mountain Lake Resources (CVE:MOA) reports the latest drill results have further defined and confirmed an area of high grade mineralization at the Leprechaun Gold Deposit, Newfoundland. All of the samples were sent to Eastern Analytical Laboratory Ltd. in Springdale, Newfoundland. Samples were assayed using lead collection fire assay with AA (atomic absorption) finish. Results from fire [...]
Fjordland Exploration(CVE:FEX) reports closing its private placement with Gold Fields. A total of 1,818,182 common shares at $0.165 each were issued for gross proceeds of $300,000. The securities have a hold period and may not be traded until December 11, 2010. Fjordland’s President Tom Schroeter says: “This is a strong vote of confidence by Gold Fields and [...]
Thursday, September 9, 2010