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

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 [...]

Tiex Inc Posts 2011 Drill Results

Tiex

(TSX-V: TIX), further to its December 21st, 2011 news release, is pleased to announce the results from its 2011 drill program on the bulk-tonnage sedimentary hosted gold, Gold Creek Project in the Quesnel Terrane of central British Columbia. The program consisted of 1037 m of diamond drilling and ~1464 m of reconnaissance reverse-circulation (“RC”) drilling [...]

NovaGold to Raise Funds

NovaGold Galore Creek

NovaGold (NYSE-AMEX, TSX: NG) seeks to raise $332.5 million for te expansion and developemnt of its properties including Galore Creek in NW BC. These funds include the to fund care and maintenance activities and continued exploration and advanced engineering studies at the Galore Creek project prior to any sale of the Company’s interest in the [...]

Copper Fox Post Drilling Results

CopperFoxMetals

Copper Fox Metals (TSX-V:CUU) recently posted their drilling results taken in 2011 along with the recently compelted metallurgical testwork on the Paramount zone of the Schaft Creek deposit. The locations of 2011 drill holes can be viewed on the Copper Fox website at www.copperfoxmetals.com.

Teuton Geoscience Results

Teuton Resources Corp.(TUO-TSX-V) is pleased to announce the results of a magneto-telluric survey carried out on its Treaty Creek property, located north of Stewart in the Eskay Creek-Sulphurets-Premier region of northwestern British Columbia (the “Golden Triangle”). The survey was conducted last summer by Quantec Geoscience and paid for by Seabridge Gold Inc., owners of the [...]

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