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Venezuelan Joint Venture With Rusian for Gold Mine Exploration
President Hugo Chavez is awarding a valuable gold mining concession to a joint venture between a Russian-financed company and the Venezuelan government, in an apparent bid to secure new sources of state income as oil prices fall.
Houston Lake Mining Begin advance seeking Gold Mine in Ontario
Houston Lake Mining Inc. an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to announce that a 2000m (6,560 ft.) diamond drill program has commenced on the Dubenski Shaft Zone historic gold resource. Drilling by Houston Lake last winter has defined the Shaft Zone to a depth of [...]
Golden Share Mining Corp. Start-Up of Drilling Activities on Malartic Lakeshore
The stripping program is now completed and the exposed areas have been channel sampled and mapped in detail. A total of 619 channel samples, totaling 581 linear meters, were taken and shipped for analysis.
Now, Golden Share Mining Corporation start-up of drilling activities on its Malartic Lakeshore property as well as the continued development of its [...]
Saskatchewan Need Mining and Other Employer for Support Industry Growth In Country
With a booming economy and a growing reputation as Western Canada’s rising economic star, Saskatchewan needs both skilled workers and manufacturers capable of sliding seamlessly into new and expanding industrial sectors.
“We don’t see our boom abating in the near future and now is the time for us to take advantage of it by continuing to [...]
Zinc Mining Discovery at Lalor Lake in Manitoba
HudBay Minerals Inc. says it’s fast tracking its diamond drill program at its Lalor Lake mineral project in Manitoba after finding what it calls a “significant new zinc discovery.”
The Winnipeg based mining firm said in August that the first 10 holes drilled showed potential for a high-grade zinc deposit.
“Results from the next set of holes [...]
Diamond Fields’ new joint venture for mineral exploration in Zambia
Diamond Fields International Ltd. is pleased to announce the successful conclusion of a Joint Venture Agreement (the “Joint Venture”) with Lion Fields Limited (”Lion Fields”) for mineral exploration in a highly prospective area in western Zambia.
Lion Fields has been granted the exclusive right to conduct exploration work for copper, gold, silver, zinc, lead and germanium [...]
NovaGold Second Quarter Financial Results and Project Update
NovaGold Resources Inc.today announced its financial and operating results for the three months ended May 31, 2007, along with an update on the Company’s project development activities. Details of the Company’s financial results are described in the unaudited consolidated financial statements and Management’s Discussion and Analysis which, together with further details on each of the [...]
Houston Lake Closes $345,000 First Tranche of a Private Placement Financing
Houston Lake Mining Inc. (the “Company”) is pleased to report that the Company has closed on the first tranche of $345,000 of a total of $2.5 million in a non-brokered flow-through private placement financing with Max Capital Markets Ltd. subject to regulatory approval. The proceeds of the private placement will be utilized to bring the [...]
Comaplex Provides an Update on the Meliadine West Exploration Program
Comaplex Minerals Corp. (TSX-CMF) is pleased to provide a second update on the current 2007 exploration program on the Meliadine West gold property near Rankin Inlet, Nunavut Territory, Canada. The property is owned 78% by Comaplex and 22% by Resource Capital Fund III L.P.,
with Comaplex having an option to increase to 80%.
2007 Drill Program
There are [...]
