Reservoir Minerals is pleased to report that Freeport-McMoRan Exploration has given notice to the Company that it has exercised the Earn-In Option to acquire 55% equity in the Timok Project in Serbia. RMC and Freeport will now form a Joint Venture to continue exploration of the project and Freeport will become the operator. Freeport has also given [...]
Reservoir Minerals is pleased to announce results from the Phase 2A soil sampling campaign in the Bibemi Exploration License in northern Cameroon. Gold anomalous soil samples define a strike length of approximately 11 kilometers within the prospective Archean greenstone terrain that was identified by the earlier stream sediment sampling campaign [...]
Reservoir Minerals announces that pursuant to the Company's Stock Option Plan, 768,000 incentive stock options exercisable at a price of $1.02 per share for a period of five years have been granted to certain officers, directors, employees and consultants of the Company. Reservoir Minerals is an international mineral exploration and development [...]
Reservoir Minerals is pleased to report that diamond drilling on the Company's Timok Project in eastern Serbia, with Freeport-McMoRan Exploration, has intercepted important copper and gold mineralization, including 266 metres grading an average of 1.23% copper equivalent from 598 to 864 metres in hole FMTC 1210. Dr. Simon Ingram, President and CEO [...]
Reservoir Minerals, is pleased to announce results from the Phase 1 stream sampling campaign in the Bibemi Exploration License in northern Cameroon. Gold anomalous stream sediment samples, together with mapping of seasonal artisanal workings, have defined three anomalous areas in the prospective Archean greenstone terrain over a strike length of 35 [...]
Reservoir Minerals is pleased to announce that Orogen Gold, has completed the 55% earn-in to the Deli Jovan gold exploration project in eastern Serbia. Dr. Simon Ingram, President and CEO of Reservoir Minerals commented: "We look forward to the results of the substantial drilling program now underway by Orogen as they continue to fund further [...]
Reservoir Minerals is pleased to provide an update on sampling in the historical Rusman and Gindusa underground workings at its Deli Jovan Gold Project in eastern Serbia with partner Orogen Gold Plc and commencement of a 7,500 metre diamond drilling program. Orogen has received gold assay results from its underground sampling program at the [...]
Reservoir Minerals is pleased to announce that information about the Company will be made available via S&P Capital IQ Corporation Records Listing Program. As part of the program, a full description of RMC will be published in the Daily News Section of S&P Capital IQ Corporation Records, a recognized securities manual for secondary trading under [...]
Reservoir Minerals is pleased to announce the appointment of Mr. David Miles as the new Chief Financial Officer replacing Christina Cepeliauskas who has resigned to pursue other opportunities. Mr. Miles is a Chartered Accountant who has over 30 years experience in the mining and exploration business including over 20 years in a large multinational [...]
Reservoir Minerals is pleased to report that it has commenced drilling at the Aljin Do copper gold prospect in the Company's 100%-owned Stara Planina Exploration Permit in Serbia. An initial diamond drill program of up to 700 metres is planned to test targets generated from surface mapping, sampling and geophysical surveys completed during 2011.
Reservoir Minerals is pleased to report that it has been awarded three new exploration permits (Tilva-Njagra, Coka-Kupjatra and Leskovo Exploration Permits) totalling 148.25 square kilometers within the prospective Timok area of eastern Serbia where it is exploring for copper and gold mineralization with Freeport-McMoRan Exploration. RMC now [...]
Reservoir Minerals Inc. is pleased to report that drilling completed in 2011 with partner Freeport-McMoRan Exploration on the Company's Timok Project in eastern Serbia, has intercepted significant copper and gold mineralization on several targets. The best intercepts to date are 34 metres (m) at 2.49 grams per tonne (g/t) gold and 84 metres at 0.38 [...]
