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 (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 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 [...]
Seabridge Gold (TSX:SEA)(NYSE Amex:SA) announced today that a successful 2011 drill campaign at its 100%-owned KSM project has increased estimated measured and indicated gold resources by 3.7 million ounces and added another 0.5 million ounces in the inferred category. The updated, independent NI 43-101 compliant resource estimate, prepared by Resource Modeling Inc. (“RMI”) of [...]
(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 [...]
Seabridge Gold (TSX:SEA) announcesd that nine exploration holes drilled in 2011 at the Kerr deposit have returned some of the highest grades encountered to date at Seabridge Gold’s 100%-owned KSM project in northwestern British Columbia. All nine of the core holes completed at Kerr (totaling 2,630 meters) intersected mineralization which is expected to add to [...]
Deer Horn Metals (TSX.V-DHM) announces that the results of their 2011 drilling program are anow being reported. Deer Horn infill drilling intersects 27.7 m averaging 3.68 g/t Gold (Au), 53.3 g/t Silver (Ag) and 59 ppm Tellurium (Te) with local bonanza grade Gold-Silver intercepts and 4.4 m averaging 24.70 g/t Au, 672 g/t Ag and 745 [...]
NovaGold Resources (TSX-NG) and Copper Canyon Resources recently announced that they have competed the previously arrangement. NovaGold acquired all of the issued and outstanding common shares of Copper Canyon which it did not already hold. As a result, Copper Canyon is now a wholly-owned subsidiary of NovaGold. In accordance with the Arrangement, former Copper Canyon [...]
Copper Fox Metals (TSXV-CUU) is planning development on the Shaft Creek property in 2011. With the high commodity prices and the appetite for investment in gold/copper/silver/moly, the company has decided to move forward with development in 20011. With additional drilling, an airborne survey and and updates resource estimate all taking place in the next 30-60 [...]
Deer Horn Metals (TSXV-DHM) recently received drilling permits for 2011 and 2012 on its Deer Horn Property located near Houston, BC. This property contains gold, silver and tellurium deposits with some deposits of tungsten. http://www.deerhornmetals.com/s/news.asp?ReportID=451598
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