Search Results
Gold Mining Company, Alamos Gold’s Reported Gold Mine Exploration Increase 21 Percent From Sonora Mine, Mexico
In March of this year, Alamos Gold announced an increase of 21 percent in proven and probable reserves at its 100% owned Mulatos gold mine in Sonora Mexico. Coincident with the reserve increase was a decrease in measured and indicated resources of 14 percent (as those moved up into the reserve category), but an increase [...]
Geoinformatics Announces the Startup of Drilling on the Whistler Project
Geoinformatics Exploration Inc. is pleased to announce that drilling has commenced on its new Alaska gold-copper porphyry project, (the “Whistler Project”) which is located 161 km. northeast of Anchorage.
The initial drill holes of the 2007 drill program will be completed on the “Whistler Zone” totaling 3,000 metres of definition and in-fill drilling. Previously drilling by [...]
Sonora Gold Corp. Closes Santa Gertrudis and Roca Roja Properties Sale
Sonora Gold Corp. (”Sonora Gold” or the “Company”) is pleased to announce the completion of the final agreement (the “Agreement”) to sell 100% of its shares, rights, title and interest of First Silver Reserve S.A. de C.V. and Recursos Escondidos S.A. de C.V. (the “Subsidiaries”) to Animas Resources Inc. (the “Purchaser”). The Subsidiaries are [...]
Cabo commences drill program on Little Deer Copper Deposit for Thundermin and Cornerstone
Cabo Drilling Corp.’s Atlantic subsidiary, Cabo Drilling (Atlantic) Corp., has been awarded a drill contract by Thundermin Resources Inc. (Nachrichten) (TSX: THR) and Cornerstone Resources Inc. (TSX-V: CGP) collectively, the “Little Deer Joint Venture” (see Thundermin and Cornerstone’s news releases dated May 1, June 21 and July 9, 2007). The contract consists of approximately [...]
West Timmins Mining Expands La Dura East Discovery
West Timmins Mining Inc. (TSX:WTM – News) announced today that new drill and surface sample results from the La Dura East target have confirmed the presence of lead-zinc-silver-gold mineralized occurrences, similar to those in discovery hole LD07-01 (95.75 metres grading 2.51% combined lead + zinc; NR07-16 May 29, 2007), for over 2,800 metres in a [...]
Drill Results at Picacho Deliver 11.28 Meters of 15.57 Grams Gold and 32.41 Grams Silver
Tara Gold Resources Corp. (Other OTC:TRGD.PK – News) (Frankfurt:T8N.F – News) and Lateegra Gold Corp are pleased to announce results from the Phase I drill program at El Picacho, Sonora, Mexico. In July 2006, Tara Gold signed an Option Agreement with Lateegra Gold Corp. to acquire up to a 70% interest in the Picacho Gold [...]
Cabo to drill for Armistice Resources Corp.
Cabo Drilling Corp. announces that Armistice Resources Corp. has awarded Cabo’s Ontario division, Cabo Drilling (Ontario) Corp., (formerly Heath & Sherwood Drilling Inc.), a contract to drill the first 10,000 feet of a significant exploration program Armistice has planned for this year.
Armistice President and CEO, Todd J. Morgan stated, “We are pleased to be working [...]
Drilling Underway at Seabridge Gold’s Noche Buena Project
Seabridge Gold announced today that drilling has commenced at its 100% owned Noche Buena Project in Sonora Mexico. Layne de Mexico, a Layne Christensen Company, has begun work on a 10,000 meter reverse circulation designed to expand the known resorce by testing three targets within and adjacent to the existing deposit.
An extensive re-evaluation of [...]
Virgin Metals Inc. has signed a binding with Morgain Minerals Inc.
Morgain Minerals Inc. sign binding with Virgin Metal Inc. to sell its 100% ownership interest in the Cuatro Hermanos copper/molybdenum mining claims located in the State of Sonora, Mexico.
The acquisition, which is scheduled to close no later than June 30, 2007, unless otherwise agreed to by the parties, is subject to the acceptance by the [...]
