News On the Ground
Energizer Releases Tech Report
Energizer Resources Inc. (formerly Uranium Star Corp.) (OTCBB:URST) (FRANKFURT:YE5) reports that it has completed and filed on SEDAR and EDGAR its NI 43-101-compliant technical report for the explored portion of its Green Giant Vanadium Project in Madagascar.
The Report was prepared by PEG Mining Consultants and confirms that the exploration programs completed in 2008 and 2009 have established that at least two large-scale, vanadium deposits exist on the Green Giant Property and that the Property merits an aggressive resource definition exploration program consisting of exploratory and infill diamond drilling over vanadium-bearing zones. Continue…
Redstar Resumes Red Lake Drilling
Redstar Gold Corp. (TSX.V:RGC) reports that drilling has resumed on its emerging high-grade gold Newman Todd project in Red Lake, Ontario. Continue…
Creston Begins Sonora Drilling
Creston Moly Corp. (TSX-V: CMS) has announced that it has begun its 2010 drill program at its molybdenum project in Sonora, Mexico and expects to be releasing results on a regular basis for the duration of the program. Continue…
International Minerals Updates Inmaculada Projections
International Minerals Corporation (TSX: IMZ) (SIX: IMZ) has reportd an updated mineral resource estimate for the 51%-owned (Hochschild Mining 49%) Inmaculada gold-silver project comprising the following resources on a 100% project basis: Continue…
Coeur Reports New Vein at Kensington
Coeur d’Alene Mines Corporation (NYSE:CDE)(TSX:CDM)(ASX:CXC) has announced the discovery of a new high-grade vein system at its Kensington Gold Mine, which is scheduled to commence production in the third quarter of 2010 at the rate of approximately 120,000 ounces of gold annually. Continue…
Ireland Inc. Drill Results
Ireland Inc. (OTCBB:IRLD), a minerals exploration and development company focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States, has announced assay results from 24 additional drill holes of its 58-hole 2009 drill program at the Columbus Project located in Esmeralda County, Nevada. Continue…
Sultan’s Jersey Mine Estimate
Sultan Minerals Inc. (SUL-TSX-V) reports that preliminary data from the resource estimate for the Jersey Lead-Zinc-Silver Mine suggests a significant lead zinc resource may remain on the property. Continue…
Capstone Begins Minto Drilling
Capstone Mining Corp. (CS: TSX) has announced that exploration drilling at the high grade Minto copper-gold mine located in the Yukon has commenced. Capstone has approved a budget of approximately US$2.6 million to conduct a 9,000m drill program during the winter/spring season of 2010, as well as expanding the successful deep penetrating geophysical surveys carried out in 2009. Continue…
Strateco Starts Largest Drilling To Date
Strateco Resources Inc. (TSX: RSC.TO) (OTCBB: SRSIF.OB) (FRANKFURT:RF9) has announced the start of the largest drilling program to date on its Matoush project, located in the Otish Mountains, 275 km north of Chibougamau, Quebec. Continue…
Yellowjacket Project Report
Eagle Plains Resources Ltd (TSX-V:EPL) and Prize Mining Ltd. (TSX-V:PRZ) have announced the filing of an NI 43-101 compliant Technical Report on the Yellowjacket Project. Continue…
Forum Begins Costco Zone Drilling
Forum Uranium Corp. (FDC: TSX-V) has announced a $1 million drill program on the Company’s 100% owned Key Lake Road project in northern Saskatchewan has commenced. Continue…
Golden Star’s Benso Update
Golden Star Resources Ltd. (NYSE Amex: GSS; TSX: GSC; GSE: GSR) has provided an update on the continuing exploration of its Benso concession in Ghana. Continue…
Valentine Lake Drilling
Mountain Lake Resources Inc. (TSX-V: MOA) has annonced that drilling has commenced on the Valentine Lake Gold Project in Central Newfoundland. Continue…
Capella Drill Report From Chile
CAPELLA RESOURCES LTD. (TSX-V:KPS) reports that drilling at the Lajitas Project in Chile has encountered a zone of continuous gold mineralization 50 meters north of the Santa Fe historic resource. Continue…
Yale’s New Orofino Zone
Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB) has announced that ongoing fieldwork at the wholly owned Orofino Project has identified a new mineralized target. Continue…
Avino Bulk Sample Update
Avino Silver & Gold Mines Ltd. has provided the following update on the San Gonzalo bulk sampling program. Continue…
Merc Int. Preps Winter Drill
Merc International Minerals Inc (TSXV: MRK) has announced that a ground geophysical program has commenced at its Damoti Lake Gold Project in preparation for the 2010 Winter Drill Program expected to begin in early March. Continue…
Bayswater To Drill At Collins Bay
Bayswater Uranium Corporation (TSX-V: BYU), (OTC: BYSWFD) has announced that a drilling program is planned at the Company’s Collins Bay Extension uranium project located in the Athabasca basin of Saskatchewan. Continue…
Miranda Red Canyon Report
Miranda Gold Corp. (“Miranda”) (TSX-V: MAD) reports results from a three hole, 1,137 ft (346.6 m) core drilling program at Red Canyon, a sediment-hosted gold project in Eureka County, Nevada. Miranda’s exploration funding partner, Montezuma Mines Inc. (“Montezuma”), a wholly owned subsidiary of CMQ Resources Inc., is the first company to test the project with core drilling in over two decades of historical exploration. Continue…
VG Gold Paymaster Results
VG Gold Corp., (TSX: VG), (FRANKFURT: VN3, OTC: VGGCF) has announced positive exploration results from the Paymaster West Project in Timmins, Ontario. Continue…
Conquest’s New Drilling at Alexander
Conquest Resources Limited (TSX-V: “CQR”) reports that it has issued tenders for a new drilling program at its Alexander Gold Project in Red Lake, Ontario, commencing in late February. Continue…
Sundridge Begins Drilling
Sunridge Gold Corp. (SGC/TSX.V) is pleased to announce that an initial 2,000 meter phase one drill program has commenced at Daero Paulos, a large new copper prospect on the Asmara Project, Eritrea. The Daero Paulos target is part of the exploration funding agreement with Antofagasta Minerals S.A. which was completed on October 2, 2009. Continue…
Industry Commentary
Vincent Weber
Mining and Exploration in Westernmost Canada — A Fundamental Research Corp.
Analyst’s Perspective:In this article, we discuss mining potential in Westernmost
Canada which includes the province of British Columbia, and the Yukon Territory. Despite a
broad perception that opening a mine in British Columbia requires navigation through miles
of red-tape and negotiations with First Nations, the province remains a hot-bed for mineral
exploration.
Continue…
