Galaxy Broadband Mobile Internet

Galaxy SCOUT

Galaxy Broadband www.galaxybroadband.ca has created a new mobile internet system called SCOUT. This is a quick-deploy satellite antenna system for those who require a rugged, easily transportable communication solution complete with simple assembly and pointing procedures. Virtually anyone can be connected to the Internet within minutes. Available with low cost data plans and fully supported [...]

Private Placement Ramp Up

Summer Mining Camp

  There are a number of companies now seeking funds through private placements or share offering for operating capital and exploration funds. Most if not all of these companies are publicly traded and looking to establish themselves in the mining sector. Companies recently raising funds through private placement include Enduarance Gold (TSXV-EDG) $500,000, Pretium Resources [...]

RJK Explorations Starts Drilling at Blackwater Project

RJK Explorations

RJK Explorations Ltd. (RJX.A: TSV) has received all of its initial drill permits for the Blackwater East Gold Property in the Blackwater Gold District, located approximately 100 kilometers southwest of Vanderhoof, Central B.C. The Blackwater East property is contiguous to New Gold Inc.’s multi-million ounce Blackwater/Davidson bulk tonnage gold and silver deposit. RJK personnel are currently [...]

Avanti Mining gets $640 million for Kitsault Project

Avanti Mine - Kitsault

Avanti Mining (TSXV:AVT) is pleased to announce that it has entered into a mandate letter with five lenders for up to $640 million of project financing to develop the Kitsault molybdenum mine. The lending group is comprised of: – UniCredit Bank AG (“UniCredit”) – KfW IPEX-Bank GmbH (“KfW”) – Export Development Canada (“EDC”) – Korea [...]

Eastfield Resources Prepares for Exploration

Eastfield Resources (TSX-V:ETF)  is preparing for exploration work on the Zymo property which is located 45 km west of Smithers BC. Last year drilling work on this property produced significant samples of gold and copper

Deer Horn Metals Awaits Report

Deer Horn

Deer Horn Metals Inc., (TSX-V:DHM, OTCBB:GODYF) is exploring a rare near surface high grade Tellurium/Gold/Silver and Tungsten property near Houston, BC is anticipating receiving an updated NI 43-101 report this month. The report is expected to expand the Gold/Silver resource from the original 2010 report. The report will also serve to provide an initial resource calculation [...]

Copper Fox Delays Feasibility Study

Copper Fox (TSX-V:CUU) has been advised by Tetra Tech that due to manpower shortages and scheduling difficulties of staff the March 31st timeline for completion of the Feasibility Study will not be achieved. The main difficulty being encountered lies with the completion of the Mine Plan, the most critical component in the Feasibility Study, which [...]

Canarc Discoveries Gold-Silver at Windfall Hills

Canarc Resources (TSX:CCM, OTCBB:CRCUF) annouces 2 defined gold-silver geochemcial soil anomalies on the Windfall Hills project 65 km south of Burns Lake. Canarc conducted a 340 sample soil geochemical program on a 100 meter by 25 meter grid over the main 2.8 sq. km. historic prospect area in order to better define targets for drilling [...]

Copper Fox Acquires More Land

Copper Fox (TSX-V:CUU) acquires 2 large properties near its Shaft Creek project. The Shaft Creek property now totals over 21,000 hectarces. Property #1 (Marko/Mott) Approximately 4,741 hectares (24 mineral tenures) contiguous to the north and south of the Schaft Creek project have been acquired. These mineral tenures cover the extension of the positive magnetic lineament [...]

Seabridge Gold Financial Statement

Seabridge KSM

Seabridge Gold (TSX:SEA) announced today that it has filed its Audited Consolidated Financial Statements and its Management’s Discussion and Analysis for the year ended December 31, 2011 The Company reported a net loss for the year ended December 31, 2011 of $20.1 million or $0.48 per share compared to a net profit of $3.3 million [...]

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