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Copper Range confirms iron ore potential at Caltowie


A review by iron ore explorer Copper Range of its Caltowie (50% and earning up to 90%) and Gladstone (100%) Iron Projects has confirmed several large iron ore magnetic anomalies within 5 km of a major railway line near the Flinders Ranges of South Australia.

Extension of Mining Exploration, AusQuest To Expand Iron Ore Exploration


Inferred Resource of 37.6Mt grading 53.2% Fe (59.9% CaFe), 8.56% SiO2, 2.77% Al2O3 and 0.04% P for Rocklea Prospect, 40km from Tom Price.
Additional Exploration Target* of up to ~23Mt at similar Fe grades.
In-fill and extensional drilling planned for Rocklea in October-November 2008 to extend the resource base.

Delta Petroleum Lowers 2007 Drilling Budget


Delta Petroleum provided the following update regarding its production, drilling and other operating activities.
Operations Update
Development Projects: Vega Unit and North Vega, Piceance Basin, CO, Avg. 50 – 100% WI – The Company continues to develop the Vega Unit area with four DHS drilling rigs — two rigs in the Vega Unit and two additional rigs [...]

Finlay Minerals Ltd. – Announces results of deep penetration geophysical surveys, and initial core drill program at the Silver Hope Project, central British Columbia


The Board of Directors of Finlay Minerals Ltd. (”The Company”) is pleased to announce the results of a combined geophysical program, and a follow-up core drilling program at the Silver Hope Property located in central British Columbia.
The Company acquired the Silver Hope Property with the objective of testing for volcanogenic massive sulfide style high-grade feeder [...]

Delta Petroleum Corporation Provides Update on Operating Activities and Announces New Senior Vice President of Operations


Delta Petroleum Corporation , (Nachrichten) an independent energy exploration and development company (”Delta” or “the Company”), today provided the following update regarding its production, drilling and other operating activities.
PICEANCE BASIN ACREAGE AGREEMENT
North Vega, Piceance Basin, CO — Delta has entered into an agreement with EnCana Oil&Gas (USA) Inc. (”EnCana”) that offers Delta the opportunity to [...]

SouthernEra recovers 3,124 diamonds from Badibanga, DRC average grade 2.00ct/m(3)


SouthernEra Diamonds Inc. (TSX: SDM, AIM: SRE;) today reported that the first bulk sampling trench at its 100% owned Badibanga Alluvial Diamond Project (”Badibanga”) in the Democratic Republic of Congo (”DRC”) has been completed returning an average recovered grade of 2.00 carats per cubic meter (ct/m(3)).
The diamond processing plant recovered a total of 3,124 diamonds [...]

Ambrian Launches AIM’s First Precious Metals Fund


London investment banking group Ambrian Capital has today launched the Golden Prospect Precious Metals Ltd. closed-end fund on the London Stock Exchange’s Alternative Investment (AIM) market, ticker symbol: GPM. The fund is the first fund to list on the AIM dedicated to making equity investments in the precious metals sector and is registered in the [...]

High Lakes Expedition Report: Drilling into Arctic Permafrost


NAI investigators, led by T.C. Onstott and S.M. Pffifner of the IPTAI Team, along with scientists from the Geological Survey of Finland and University of Waterloo, Canada, and Michigan State University recently completed a scientific drilling expedition into deep permafrost of the Canadian Arctic.
The drill site was in the High Lake mining property (67°22′N, 110 [...]