Mining company sees hope in the results of exploration

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John Ferguson, operations manager for Colorado Goldfields, said results continue to correlate “very well” with historical documents, with more than half the season completed drilling.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 [...]

Travel and Grenville or announce the second amendment to the joint venture on the project Silveria

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 [...]

Crude oil drops below $ 108

Crude oil fell Tuesday in November took over the front-month. Light sweet crude moved to $ 107.88, down $ 1.49 for the session. Prices are as low as $ 106.07 earlier in trading.
Traders expect the Ministry of Energy inventory report on Wednesday. Oil surged last Wednesday that the data showed a fourth weekly decline in [...]

Petrolia currently planning its drilling campaign to Anticosti

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 Anticosti Island. The Company has applied this technique geochemical not in order to establish priorities among a number of structures that have already been detected by [...]

Minerals CEO of Africa on the negotiations Tonkolili, Marampa project of iron ore

CEO of African Minerals Ltd, a mining exploration company with significant interests in Sierra Leone, on Friday told journalists at the China House in Freetown on 30 August 2008, a surplus of 38,000 meters Complete diamond drilling.
Roy Pitchford said a PowerPoint presentation showing a total of 114 surveys to Numbara, Simbili and Marampa prospects, testing [...]

Company expects to spend $ 5 million over the search area uranium

MISSISSIPPI COUNTY, Mo. - A Colorado company plans to pump $ 5 million into the economy of Mississippi County as it explores the viability of uranium deposits.
John Gustavson, a geologist, a chemical engineer and founder of Water Research and Development in Boulder, Colorado, recently announced the launch of its enterprise test program in the county.
Gustavson [...]

Andina is taking steps to strengthen the management team to advance the development of the Volcan gold project

TORONTO, ONTARIO — ANDINA Minerals Inc. (TSX VENTURE: ADM) ( “Andina”) said he began looking for a wealth of professional development for senior leadership as progress Andina Economic studies on its 100% owner of the Volcan gold project located in the prolific Chile Maricunga Gold Belt.
U.S. with $ 19.7 million in cash, Andina is well [...]

During drilling Treasure Mountain

Diamond drilling is underway on Trade Winds Ventures Inc. s wholly owned Treasure Mountain Copper located in Terrace, British Columbia, Canada.
Diamond drilling is in progress on the goals Purdex historic area where the intersection of drilling 53 feet (16.2 meters) grading 2.11 percent copper (non-43-101-compliant data). 2008 program on the ground on the Treasure Mountain [...]

Elon poll finds support for drilling

More than two-thirds of the residents of North Carolina support offshore oil drilling, according to a poll conducted by Elon University.
Nearly half of respondents, 43 percent said they believed offshore drilling would bring down gas prices in five years or less, if the experts, such an impact would be at least 10 years . About [...]

Disingenuous bill Drilling

Congress of Democrats for seeking political cover, not more oil
Nobody should be fooled by the House Democrats’ disingenuous bill passed last week to lift the federal ban on offshore oil drilling.
Rather than respond to a shortage of supply meet the increasing demand, the bill seeks to appease angry voters Democrats without undermining the mission of [...]