Initial geophysical surveying has been completed by Minotaur Exploration over the Wedgetail, Bustard, Ibis and Crane prospects at Minotaur's Osborne project, 150 km south of Cloncurry, with exploration focused on sulfide-rich or haematite-rich Iron Oxide Copper-Gold (IOCG) mineralisation styles. The work has defined four new drill targets at [...]
ABM Resources presents an update on extensional exploration work in the area around Old Pirate particularly the southern section of the Bandit Trend. Widespread outcropping quartz veins. New rock chip sample results up to 108g/t gold being the highest grade result ever off the main Old Pirate trend. - Other rock chip results in the area include [...]
Perth, Australia (ABN Newswire) - Peak Resources Ltd (ASX:PEK) is pleased to advise the market that the Company has entered into a non-binding Memorandum of Understanding (MOU) for a transaction which will see the Ngualla Rare Earth Project fully funded through to production.
Montreal, Canada (ABN Newswire) - TomaGold Corporation (CVE:LOT) and Quinto Real Capital Corporation (CVE:QIT) are pleased to announce the results of holes M-13-102 to M-13-107 of the 5,000-metre drilling program on the Monster Lake property, located 44 km southwest of Chibougamau, Quebec.
Cuervo Resources is pleased to announce the filing of an updated National Instrument 43-101 compliant report on its wholly-owned Cerro Ccopane Iron Project in Peru. The report includes a measured and indicated mineral resource estimate at Cerro Ccopane of 55.6 million tonnes grading 46.7% Fe and an inferred mineral resource of 576.4 million tonnes [...]
During the March 2013 quarter, Atlas Iron announced an increase in its total Pilbara ore reserves of 21% to 499 Mt, further strengthening the company's existing operations, near term development projects and its longer-term growth strategy. The upgraded reserve estimate, which compares to the previously published figure of 30 June 2012, includes a [...]
Peak Resources is rapidly progressing the development of its 100% owned Ngualla Rare Earth Project in Tanzania. Ngualla is on schedule to become the next major rare earth supplier with high grade mineralisation and a simple, proven metallurgical process supporting a low cost operation. Activity highlights this Quarter include:
Coalspur Mines is pleased to announce that it has entered into binding agreements with EIG Global Energy Partners to provide a senior secured debt facility of up to US$350 million. Proceeds from the Facility are expected to fund the majority of development capital for Stage 1 of the Company's Vista Coal Project, which has an estimated capital cost [...]
erth-based bauxite explorer and developer, Bauxite Resources advises that its 70% partner in the Bauxite Alumina Joint Venture, Yankuang Resources, has been unable to meet a number of cash calls from the BAJV Manager, and as a consequence BRL has determined that it is in the interests of the joint venture to part pay Yankuang's obligations to [...]
Minotaur declare new Copper-Gold Targets at Osborne Project with geophysical surveys currently underway across a number of targets and tenements at Minotaur's Osborne project, ~150 km south of Cloncurry, are producing positive results. IP and gravity surveys identified new IOCG style exploration targets within sulfide-rich and/or hematite-rich [...]
Northern Mining is pleased to advise that the concessions and mining lease agreement for the Szklary Nickel Project in south west Poland were renewed for a further three years from 25 March 2013 to 25 March 2016 (NMI 90%). This Mining Concession renewal and the potential of the Szkalry Nickel Project is of economic significance to the Company.
ABM Resources is pleased to present a compilation of results from lowcost surface exploration extensional to the 723,800 ounce gold mineral resource at the Old Pirate High-Grade Gold Deposit and an update on the Old Pirate Trial Mining and processing. Old Pirate is located on the Company's 100% held Twin Bonanza Gold Camp Project in the Northern [...]