INV Metals (TSX:INV) reported the discovery of a new prospective copper zone in the Sesfontein area, along a 26 km strike length within the Kaoko copper property, located in northwest Namibia. The press release is quoted as saying: The new copper showings are proximal to a sandstone-shale/dolostone contact that hosts significant copper-silver mineralization in other [...]
Andean American Mining Corp. (TSX VENTURE:AAG)(FRANKFURT:AQN) reported the latest results from the underground sampling of the 3400 Level Adit, at the Invicta Project in Peru. The press release quoted as saying: Andean American Mining Corp. is an international mining and exploration company focused on growth. The Company is actively pursuing new targets of potential early [...]
South American Silver Corp. (TSX:SAC)reported the discovery of a potentially significant new high grade silver-gold-indium vein system at Malku Khota that may join the highly mineralized Wara Wara and Sucre Zones. The press release is quoted as saying: South American Silver Corporation is a mineral exploration company that acquires, explores and develops mineral properties, primarily [...]
ECU Silver Mining Inc. (TSX:ECU) reported that the company will be launching a new website on Monday, March 1st, 2010. The press release is quoted as saying: ECU Silver Mining Inc. is focused on the exploration, development and mining of gold, silver and base metals at its Velardeña District Properties in Durango, Mexico. The Company [...]
Resourceinvestor.com reported on Silver demand will surge in 2010: Silver may yet outshine gold in 2010 as spot prices for the white metal respond to the prospect of a surge in industrial demand. With a little additional help from investment demand, silver may even rally into the $25 an ounce range. Click here to access [...]
Amarok Resources Inc. (OTCBB: AMOK) reported the completion of a USD $1 million financing. The funds raised will be allocated to the exploration and development of the Rodeo Creek property . The press release is quoted as saying: Amarok Resources is a US based exploration and development Company, focusing on the acquisition and development of [...]
Eloro Resources Ltd. (TSX VENTURE:ELO) reported the appointment of Mr. Alexander S. Horvath, P. Eng. to the Board of Directors and as Technical Advisor to the President of Eloro. The press release is quoted as saying: Mr. Horvath currently serves as a Director and Executive Vice President Exploration for Champion Minerals Inc. (TSX VENTURE:CHM), a [...]
Sage Gold Inc. (TSX VENTURE:SGX) and Gryphon Gold Corporation (TSX:GGN)(OTCBB:GYPH) reported that they have executed a binding Letter of Intent dated February 23, 2010 pursuant to which Gryphon has agreed to grant Sage the right to earn a 50% undivided interest in the fully permitted Borealis gold project. The press release is quoted as saying: [...]
Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3)announced that the company has amended the underlying property Agreement on its Yankee-Dundee Mine project 3km from Ymir BC in the Nelson Mining District of Southeast BC. The press release is quoted as saying: Duncastle Gold Corp. is a Vancouver based gold exploration company with mineral claims covering or surrounding past [...]
Cream Minerals Limited (CVE:CMA, CRMXF-OTCBB, DFL-Frankfurt) is a precious metals exploration company with a portfolio of five solely-owned highly prospective properties, four in Canada and one in Mexico. A 10,000 metre drill program was initiated at the Company’s flagship property, the Nuevo Milenio Silver-Gold Project, Nayarit State, Mexico in early February 2011. In December 2010 Cream announced the closing of a $6,000,00.00 bought deal. Cream is well financed with 5.45 million in working capital and no debt.
Friday, February 26, 2010