Reuters reports shares of Cream Minerals (CVE:CMA) were up this morning. On Monday, Endeavour offered about C$10.6 million ($10.3 million) in cash for Vancouver-based Cream, sending the junior miner’s stock soaring to 12.5 Canadian cents, 66.51 percent above its Friday closing price of 7.5 Canadian cents. For complete news, click here. For Cream Minerals’ company [...]
Constantine Metal Resources Ltd. (CVE:CEM) reports additional drill results for the 2010 drill program at its Palmer copper-zinc-gold-silver rich volcanogenic massive sulphide project. The Project, which hosts a 4.12 million tonne inferred resource grading 2.01% copper, 4.79% zinc, 0.30 g/t gold and 31 g/t silver (using an NSR cut-off of US$75/t) is located in a very accessible part of [...]
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.
Xtierra Inc. (CVE:XAG) reports its beginning of a feasibility study on its Bilbao polymetallic deposit, Central Mexican Mineral Belt in the State of Zacatecas. Xtierra has retained Dowding, Reynard and Associates to prepare a feasibility study on its Bilbao project. DRA will now be involved in oversight of all of the component parts of the feasibility [...]
Kootenay Gold (TSE:KTN) reports surface samples for the “Gringo”, “Vineteria” and “Rico” Zones at the Promontorio Silver project. This phase of exploration investigated 10 anomalies/target areas. Sampling and mapping was conducted with grab samples ranging from background to the above noted highs. Results outlined the presence of three areas of anomalous mineralization with similarities to the Promontorio [...]
Excalibur Resources reports the ongoing exploration program at Sturgeon Lake, northwestern Ontario. Excalibur’s Sturgeon Lake property is directly along strike and to the east of 6 VMS deposits that were mined between 1970 and 1991. A total of 19 million tonnes of ore was mined from these 6 VMS deposits with typical grades of 9% zinc, 1.5% copper, [...]
Rye Patch Gold Corp. reports drill hole assays for its spring drilling campaign on the Wilco project in Pershing County, Nevada. The present drill program is anticipated to continue until late June. A total of eleven reverse circulation drillholes is anticipated to be completed in the spring program. Assay results for drillholes WR-101 to WR-103 are [...]
Kootenay Gold and Arctic Hunter Uranium report results of a surface grab sampling program from the Santa Lucia gold and silver project in Sonora, Mexico. These results complement previous sampling from the Central zone which showed comparable results indicating the potential for bonanza grade gold and silver mineralization. Jim McDonald, CEO of Kootenay Gold and Tim Coupland, CEO [...]
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