News On the Ground
Manicouagan Exploration Update
Manicouagan Minerals Inc. (TSXV - MAM) has provided the following exploration update. Continue…
Thermasource Drilling in Nicaragua
ThermaSource, Inc. and Ram Power, Corp. (TSX: RGP), through its subsidiary Polaris Energy Nicaragua S.A. (“PENSA”), have announced the signing of a drilling contract for the geothermal development of the San Jacinto-Tizate Project in Nicaragua. Continue…
Orocobre Lithium & Potassium Discoveries
Orocobre Limited (ASX: ORE), the leading lithium-potash resource developer in the Puna region of Argentina has announced the further expansion of the Company’s lithium-potash project pipeline with two significant discoveries: the discovery of very high grade lithium-potassium brines at the Company’s Salar de Salinas Grandes properties, believed to be the highest average grade results from any sampling programme undertaken in Argentina and are comparable with the brines reported at Atacama; and the discovery of a high quality potassium target at the Company’s Laguna de Guayatoyoc property. Continue…
Int. Tower Hill Reports Test Results
International Tower Hill Mines Ltd. (TSX: ITH, NYSE-A: THM, Frankfurt: IW9) has reported positive initial metallurgical test results for mill processing of the major types of mineralization at the Money Knob deposit at the Livengood Gold Project, Alaska. Continue…
Eurasian Minerals Drill Results
Eurasian Minerals Inc. has announced final drill hole assay results from the Grand Bois property, including near-surface oxide gold intercepts of 12.0 meters averaging 20.24 g/t and 30.4 meters averaging 6.76 g/t. Continue…
Stornoway Diamond Recovery Report
Stornoway Diamond Corporation (SWY:TSX) and Shear Minerals Ltd. (SRM:TSXV) today announced that processing of the minibulk sample from the Notch kimberlite at the Churchill Diamond Project in Nunavut is complete with an overall diamond recovery of 86.2 carats per hundred tonne (“cpht”). Continue…
Callinan Begins Fox River Drilling
Callinan Mines (TSX.V-CAA) reports that drilling has commenced on its Fox River property near Gillam, Manitoba. Continue…
Eagle Plains Drill Results at Iron Range
Eagle Plains Resources Ltd. (TSX-V:EPL) and Swift Resources Inc. (TSX-V:SWR) have announced results from a diamond drilling program completed at Eagle Plains’ 100% owned Iron Range project located in the Goat River area 15km NE of Creston, B.C. Continue…
Apollo’s Pike River Results
Apollo Gold Corporation (NYSE Amex: AGT) (TSX: APG) reports that its first drill assay results intercepted high grade gold mineralization at the Pike River Project, located between its Black Fox gold mine and Grey Fox Project, including a true width drill interval of 0.8 meter (“m”) at an average gold grade of 86.0 grams per tonne (“gpt”) within 4.2 m of 19.4 gold gpt in hole GF09-65. Continue…
Helio Begins Drill Program
Helio Resource Corp. (TSX-V: HRC) has reported that it has commenced its 2010 drill program with one diamond drill and one RC drill. Continue…
Northern Freegold Upgrades Nucleus Estimate
Northern Freegold Resources Ltd. (NFR: TSX-V) has released an updated NI 43-101 mineral resource estimate for the Nucleus deposit, which is located on the road accessible 198 square kilometer Freegold Mountain Project in the Yukon Territory. Continue…
Canasia Grades on Clone Gold Prospect
Canasia Industries Corporation has announced that it has received the first set of grades back from processing of the bulk sample sent in from the Clone Gold Prospect in the Stewart Gold District of BC. Continue…
Pacific Bay Partner Sets Drill Targets
Mr. David Brett, President and CEO of Pacific Bay Minerals Ltd. (TSX Venture: PBM) reports that partner UrAmerica Ltd has outlined drill targets on Pacific Bay’s uranium Cerro Solo area claims in Chubut Province, Argentina. Continue…
Avino Update
Avino Silver and Gold Mines Ltd (“Avino”) has provided the following update on the San Gonzalo Bulk Sampling Program. Continue…
Capstone High Grade Copper-Gold Results
Capstone Mining Corporation (CS: TSX) has announced assay results from six of seventeen drillholes completed to date as part of an evaluation of the underground potential at its high grade Minto copper-gold mine in the Yukon. Continue…
Industry Commentary
Norman Duncan
I’ve come to the startling conclusion over the past few months that my crystal ball has a problem with timing.
The gold correction that I was worrying about came in January, rather than the usual early spring pull-back.
Continue…
