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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 [...]

Callinan Mines completes drilling program at Coles Creek Property

Callinan Mines (TSXV-CAA) have had field crews complete the 2010 exploration program at Callinan Mines wholly owned Coles Creek property near Houston, BC. A total of 20 diamond drill holes were completed to test structures identified by geophysics and by previous drilling. The early results show intersections of gold and silver as well as other [...]

Ascot Resources Ltd Drilling Intersects 8.99 G/T Au Over 14.5 Meters at Premier Unicorn Zone

Ascot Resources drilling at the Premier Gold Camp north of Stewart, British Columbia in the Cassiar Mining District has produced significant results of 8.99 grams per tonne. The Premier Gold Mine is a historical producer of 2 million ounces of gold and 42.8 million ounces of silver, until operations were suspended in 1996. Ascot Resources [...]

Richfield Drills 171 metres @ 1.04 g/t Au, and 15 metres of 5.86 g …

Richfield Blackwater

Source: Canada NewsWire QUESNEL, BC, Oct. 20 /CNW/ – Richfield Ventures Corp. (TSX.V:RVC) (“Richfield” or the “Company”) is pleased to report drill results for six further diamond … Click for more

BCGold Corp. to Commence Phase II Drill Program at Engineer Gold Mine Property …

MarketWatch (press release) … Yukon to excavate drill bays on the main access level of the mine (Level 5) and Lyncorp Drilling Services Inc. of Smithers, BC to drill up to 1500 … Click for more

Serengeti Completes Geochemical Sampling Program on QUEST Joint Venture Properties

Vancouver, B.C., July 07, 2010: Serengeti Resources Inc. (SIR: TSX-V; 34S: FSE) today announced completion of an extensive geochemical sampling program which started in early June on six properties held by the QUEST Joint Venture (Serengeti Resources Inc. 59% and Fjordland Exploration Inc. 41%) in the Quesnel Trough of north-central British Columbia. The goal of [...]

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