TORONTO and LIMA, NORSEMONT MINING INC. today announced that the company made a new discovery to the Company for 100 one hundred controlled Constancia copper, molybdenum, silver project in south-eastern Peru. Pampacancha The anomaly was discovered approximately 2.7 kilometers southeast of the Constancia - San Jose deposit and is located in an area where the [...]
MONTREAL, QUEBEC, Adventure Gold Inc, a mining exploration company with strategic properties in the Val d’Or region Quebec, is pleased to announce the beginning of a hole total of eight drilling 2,500 meters on the north and Senor Beaufor properties. These properties are adjacent to the production of the Beaufor gold mine jointly operated by [...]
Durango, Colorado, Officials with Colorado Goldfields Inc., Denver-based mining company doing exploratory work in gold and Mughal king mining sites near Gladstone, say that drilling in the summer showed positive results.
John Ferguson, operations manager for Colorado Goldfields, said results continue to correlate “very well” with historical documents, with more than half the season completed drilling.
Last [...]
PHOENIX, AZ, Tombstone Exploration Corporation announced today that it has successfully completed 2593 feet of drilling based money its project in Tombstone. AZ. Six surveys (DDH) have been drilled, temC 101,102,103,104,105 and 106, to test the extension of areas of mineralization in the Bonanza and Santa Ana structures, which have historical data on mining in [...]
Crude oil prices gained early Tuesday to more than $ 91 a barrel on the New York Mercantile Exchange as a safe investment clear that stocks tumbling.
People are very much in near panic and everyone wants to keep the money in cash, Bill O’Neill, analyst at Logic Advisors said the Wall Street Journal.
Crude oil prices [...]
Bloomberg - Crude oil rose as traders took advantage of cheaper prices in eight months to buy oil, amid speculation of OPEC reduced production.
Oil that Libya has increased oil official called for a reduction in output, Qatar and the oil minister said the country has reduced production in line with quotas. OPEC President Chakib Khelil [...]
CELEBRATION, USA Precious Metals, Inc.CEO and Chairman of the Board of Directors Mr. Jack Kugler essay published data for some intervals of drill holes 8 and 9 today. Hole No. 8 the intersection of 20 feet in 0206 opt gold, 0.88 opt silver and 1.06% copper. No. 9 hole intersection of 18 feet in 0146 [...]
VANCOUVER - NovaGold Resources Inc. (TSX: NG) is the sale of its interest in the Ambler copper-zinc project from Alaska to Mantra Mining Inc. (TSX-V: MAN) in 20 million stock deal that makes the Gold Miner mantra the largest shareholder.
Under the agreement announced Tuesday, Mantra will acquire Nova Gold 51 per cent in Ambler Thursday, [...]
In the early days of “oil” exploration, more oil finds are the result of digging or drilling near known oil and gas escapes, or accidentally found during drilling for water.
Drilling for oil was invented by the Chinese if they were looking for “salt” at the time, they came through the “oil”.
In 347 AD oil wells [...]
Glenwood Springs (AP) - The Colorado Oil and Gas Conservation Commission is still on pace to approve more than 7,000 drilling permits this year.
This is the path from 2000 until 1529 when the permits were approved.
Commission documents, the government has approved in 5216 allows for September 8. The Commission issued a record 6368 drilling permits [...]