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 [...]
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 [...]
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 [...]
Denver, Colorado – Thompson Creek Metals Company Inc. (“Company” or “Thompson Creek”), a growing, diversified North American mining company, today announced financial results for the three months ended March 31, 2011, prepared in accordance with United States generally accepted accounting principles (“US GAAP”). All dollar amounts are in United States (“US”) dollars unless otherwise indicated.Financial [...]
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 [...]
JetGold Corp. (TSXV-JAU) announced that it is preparing for a work program at its Big Hammer Gold, Silver & Tellurium project and its 100% controlled Kshish Porphyry Molybdenum project both located in the Terrace mining district in British Columbia, Canada. Permits have been approved and mobilization will commence in May 2011. http://www.jetgoldcorp.com/s/NewsReleases.asp?ReportID=451404&_Type=News-Releases&_Title=Jetgold-Announces-Spring-2011-Work-Program
Adanac Moly (TSX-AUA) has recently emerged from creditor protection and is now reviewing the options to formulate an exit strategy. The current majority shareholders are seeking to have an exit strategy and have instructed the company to entertain offers from interested parties. There has been a huge drop in stock price ($9.00 down to $2.00) [...]
Columbia Yukon Exploration (TSXV-CYU) announces that it has acquired an additional 12 mineral claims totalling 2329 hectares adjacent to the Storie Property near Cassiar BC. http://www.columbiayukon.com/investors/news_releases/index.php?&content_id=218
Pretivum Resources (TSXV-PVG) has announced that their mineral resource deposit at the Snowfield and Brucejack Project. http://www.pretivm.com/s/NewsReleases.asp?ReportID=443980&_Type=News-Releases&_Title=Pretium-Resources-Inc.-Snowfield-Resources-Increase
Seabridge Gold (TSX-SEA) announced that an updated, independent National Instrument 43-101 mineral resource estimate for its KSM project has increased measured and indicated gold resources by 16% to 45.3 million ounces. Measured and Indicated Resources Now Total 45.3 Million Ounces of Gold, 11.9 Billion Pounds of Copper, 256 Million Ounces of Silver and 291 Million [...]
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