Kootenay Gold Inc. (CVE:KTN) announced assay results from the additional 6 holes of its ongoing 25,000 meter multi-phase drilling program on its Promontorio Silver project in Sonora, Mexico.
Continental Gold Limited (TSE:CNL) announced a Maiden resource estimate for the Yaragua and Veta Sur vein systems at the Buriticá project in Antioquia, Colombia.
Tarsis Resources Ltd. (CVE:TCC) reports assay results from its completed diamond drilling program at MOR property, southern Yukon. Two holes totaling 443.83 meters were drilled by Top Rank Diamond Drilling under the supervision of Archer Cathro & Associates (1981) Limited. Drilling intercepted massive, semi-massive and heavily disseminated sulphides. For complete news release, click here. For Tarsis company profile, click [...]
Excalibur Resources (CNQ:XBR, FRA:X9CN) reports its completion of a non-brokered private placement to MineralFields Group. Each FT Unit will consist of one common share to be issued on a “flow-through” basis under the Income Tax Act (Canada) and one share purchase warrant (“Warrant”). Each Warrant will entitle the holder to acquire an additional non-flow-through common share of [...]
Excalibur Resources Ltd. (CNSX:XBR) (Frankfurt WKN:A0MMDH) reports that it has arranged a non-brokered private placement. In connection with the Private Placement, the Company will pay an arm’s length finder a cash finder’s fee equal to 5% of the proceeds from the Private Placement. In addition, the Finder will receive an option (“Finder’s Option”) exercisable for a period [...]
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, [...]
BacTech Mining reports improved metal recoveries from sample of tailings taken from the Castle Mine tailings deposit, Ontario. Highlights of this round of test work include substantially improved recoveries of arsenic, with tests achieving over 92% recovery into the concentrate. In addition, gold, silver, and cobalt recoveries averaged in excess of 76%, much higher than the initial results [...]
The Motley Fool(EDITORIAL) reports despite the financial bail-out legislation been passed, the tough gets buying precious metals. If silver prices begin to move higher with gold, as I believe they will, that revenue will adjust upward as well, since Silver Wheaton enjoys the unusual advantage of essentially fixed costs. I intend to offer a more [...]
Aura Silver Resources reports a strategic change to their joint venture program with Intrepid Mines on Taviche properties in Oaxaca, Mexico. The JV has been undertaking geologic mapping, sampling and trenching within and adjacent to the several kilometer long Higo Blanco jasperoid-vein complex. This work continues to garner positive results for both silver and gold [...]
Ottawa Business Journal reports Paramount Gold and Silver buys out its partner, Tara Gold on a Mexican mine. The Ottawa-based junior mining company said it has agreed to pay roughly $8.7 million to Tara Gold Resources Corp. to acquire 100 per cent of the San Miguel gold and silver mine in Chihuahua, Mexico. For complete story, [...]
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