SUDBURY, ON, Houston Lake Mining Inc, an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to provide assay results of a portion of a recently completed stripping, washing and channel sampling on its Dogpaw Lake property. Dogpaw is one of eight contiguous property of the Corporation West Cedartree [...]
Johannesburg - Simmer & Jack, the South African gold producer, has put on hold an expensive six-year exploration project to develop the resources at its Buffelsfontein mine, but he has good news about low-cost production heap leaching.
The R217m Strathmore conceptual project to put ounces at its deep mine Buffel has been shelved because turbulent financial [...]
VANCOUVER, BRITISH COLUMBIA, Journey Resources Corp. and Grenville Gold Corporation are pleased to announce that, subject to regulatory approval, they concluded a second amendment the Joint Venture Agreement dated February 5, 2008, as amended on 17 March 2008, whereby Journey May to acquire a 75% interest in certain mining concessions comprising the Silveria, located in [...]
TORONTO, ONTARIO, Philex Gold Inc. reports that the board of its parent company, Philex Mining Corporation (PMC) , Approved yesterday the acquisition of 50% over the Boyongan copper-gold porphyry property of the Anglo American Exploration (Philippines) BV ( “Anglo”) for $ 55 million. This acquisition will give the Philex group actually full control of the [...]
RIMOUSKI, QUEBEC- Petrolia Inc. (TSX VENTURE: PEA) - In order to select the best drilling sites, Petrolia has successfully completed a large geochemical and geo-microbial survey on the island of Anticosti. The Company has applied this technique geochemical not in order to establish priorities among a number of structures that have already been detected by [...]
Firstgold Corp. (TSX: DGC) (OTCBB: FGOC) announced today that the exploration of its gold property Honorine is fully underway. The company completed its initial sampling and 6 boreholes on the project. Drill results are pending from the first round of drilling if they are only expected to provide basic geological information and guidance for future [...]
TORONTO - Anatolia Minerals Development Limited ( “Anatolia” or the “Company”) (TSX: ANO) today announced the construction is in its early Coplas gold mine ( “Coplas”) in Turkey.
Anatolia began mobilizing major earthworks and civil works contractor immediately. The construction management is provided by SNC Lavalin. The draft timetable of goals for First Gold at the [...]
The Egyptian government is encouraging mining projects in a “very unusual, but very attractive tax-free medium, which includes the return of capital plus interest, reports Gippsland Limited.
“First, we have no fee, and the entire project is set up in a free trade area. This offers great benefits. We have no sales tax, we ‘have no [...]
LAS VEGAS -Mincom, a leading global provider of software and services to active industries, announced today that it has signed an agreement with a group of companies known as the “Russian Copper Company “, To implement Mincom Ellipse to the production sites of” TOO Aktubinskaya Mednaya Kompanii. “This latest agreement further demonstrates the increased presence [...]
NovaGold Resources Inc. (TSX: NG) (AMEX: NG) reminded holders of its TSX listed warrants (TSX: NG.WT) all warrants will stop trading on Wednesday, October 1, 2008 at 9:00 Pacific time (12:00 pm EST) and will expire that day at 4:30 pm Pacific time (7:30 pm EST). Upon the expiration of the time, all warrants unexercised [...]