Search Results

A Company Will Be Exploring The Mine New Gold Mine In The Livengood


An exploration company plans to spend around $8 million firming up data on a gold deposit near Livengood that it said could prove up on par with Fort Knox.
International Tower Hills president and CEO Jeff Pontius said he expects to release a revised resource estimate at the end of June and the results of an [...]

Freegold Drilling Intersects 28.5 g/t Over 9 feet On Golden Summit Tolovana Vein


Freegold Ventures Limited is pleased to announce results from 54 holes drilled at the Company’s Golden Summit project outside Fairbanks, Alaska. Located on the western end of the known gold mineralization in the Cleary Hill mine area, drilling has extended the strike length of the high-grade Tolovana Vein to over 825 feet. The Tolovana [...]

Little Squaw Gives Mid-Season Exploration and Discovery Update — Chandalar, Alaska


Little Squaw Gold Mining Company (OTC BB:LITS.OB – News) (”Little Squaw” or “the Company”) reports:
– Initial exploratory drilling in the Little Squaw Creek drainage has
found potentially economic placer (alluvial) gold mineralization.
– The hard-rock exploration program has been significantly expanded and
extensive trenching is being initiated.
– [...]

Utah, Colorado rival OPEC oil reserves, lure Chevron, Exxon, Shell


Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined.
That’s not science fiction, according to Bloomberg News. Trapped in limestone up to 200 feet (61 meters) thick in the two Rocky Mountain states is enough so-called shale oil to [...]

Mining companies renew their interest in Interior Alaska’s gold


Interior Alaska saw a surge of new mining claims last year with prospects north of Big Delta near the Pogo Gold Mine leading the way.
New mining claims around Fairbanks increased 53 percent last year, according to state figures gathered by the Fairbanks North Star Borough.

Northern Dynasty to expand drilling in ‘07


A Canadian mining firm with eyes on a huge copper, gold and molybdenum prospect in southwestern Alaska is revving up its exploration program to greatly exceed its 2006 drilling efforts.
Sean McGee, a spokesman for Northern Dynasty Mines Inc., said April 24 that the mining company plans to have as many as eight drills on the [...]

Niblack Receives Draft Permits for Underground Exploration Program


Niblack Mining Corp. is pleased to announce that all major draft permits and approvals to conduct the planned underground exploration program at the Niblack VMS project in southeast Alaska have been received. In connection with the receipt of the draft permits, a public notice was issued today by the State of Alaska announcing their preliminary [...]

Schlumberger 1st-Quarter Profit Jumps 63 Percent on Strong International Growth


Schlumberger Ltd. said Friday its first quarter profit spiked 63 percent, as the world’s largest oilfield services provider continued to benefit at the start of 2007 from heavy activity by oil and natural gas companies worldwide.
Net income rose to $1.18 billion, or 96 cents per share, from $722.5 million, or 59 cents per share, a [...]

Oil rises over $63 after some OPEC output cuts


Oil picked up over $63 a barrel on Monday as two OPEC members trimmed production in an effort to tighten swollen supplies and halt a slide in prices.
U.S. light sweet crude for November delivery traded up 29 cents at $63.20 a barrel by 0227 GMT, extending gains of 4 percent last week. London Brent [...]