Once an exploration company has obtained all of the necessary permits and approvals to develop a mine, the construction phase kicks off.
Continue reading "The Life Cycle of a Gold Mine: Mine Construction"
Friday, October 1, 2010
Opawica Explorations Inc. (CVE: OPW) reports assay results from drilling on its Atikwa Lake gold and copper project situated near Kenora, Ontario. The above drill holes are approximately 90% true widths. The AuEq calculations in this release represent head grades and does not include metallurgical recoveries or net smelter returns for gold and copper. All assaying of the [...]
Continue reading "Opawica Explorations announces assay results"
Thursday, August 5, 2010
Zimtu Capital Corp. (CVE:ZC) reports acquisition of the Day copper-gold porphyry property, British Columbia. The project is located in the Toodoggone region, an area which has seen a significant increase in mineral exploration for copper, gold, and silver deposits in recent years. For complete news release, click here. For Zimtu Capital’s company profile, click here.
Continue reading "Zimtu Capital Corp. announces copper-gold porphyry property"
Monday, June 28, 2010
Woulfe Mining Corp.(CVE:WOF) reports positive results from its first hole into the Muguk gold prospect, South Korea. The purpose of diamond drill hole MG-1 was to verify the position of Vein No.7 outlined by historical drilling from the 1980′s. The Woulfe Mining hole intersected six metres of the No. 7 quartz vein from a depth of 414.3m [...]
Continue reading "Woulfe Mining Corp. Gold Results Confirm Historic Information"
Thursday, June 17, 2010
Real News reports an interview with Paul Jay. PAUL JAY, SENIOR EDITOR, TRNN: Well, of course, I’m called upon to speculate here, but I think that there’s enough information to have [what] I guess one could call an informed speculation. There’s no—I don’t have evidence that I would talk to anyone who is sitting in [...]
Continue reading "Paul Jay on RT – US knew Afghan bonanza in ’07"
Tuesday, April 13, 2010
Helio Resource Corp (CVE:HRC) is a well-financed Canadian based junior gold exploration company focused on growing the resource at its 238km² SMP Gold Project in Tanzania with at least 50% and outlining the resource potential the 100%-owned 3,185km² Damara Gold Project in Namibia.
Tuesday, September 29, 2009
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 [...]
Continue reading "Mountain Lake’s drill results"
Tuesday, September 29, 2009
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 [...]
Continue reading "Pacific Iron Ore provides update"
Tuesday, September 29, 2009
Sheltered Oak Resources Corp has announced that it has purchased the rights to Sage Gold Inc’s interests in the Larder Lake Mining District in Kerrs Township in the Abitibi Greenstone Belt of Ontario. Sage will receive 2 million common shares of Sheltered Oak Resources and $5 million in cash. Sage will also receive a 2% [...]
Continue reading "Sheltered Oak purchases rights to Larder Lake"
Wednesday, August 19, 2009
Chalice Gold Mines Limited will open a fresh chapter in its history as an African-focused gold exploration and development company this week following receipt of final Court approval of its merger with fellow Perth-based junior, Sub Sahara Resources. For full story, click here
Continue reading "Chalice Gold will complete African Gold Merger"
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Monday, September 19, 2011