Novus intercepts wide gold zone in Canada September 21, 2010
Posted by Fortbridge in Mining.Tags: canada, gold, northwest territories, novus gold, point lake, ren property
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Novus Gold Corp. (TSX-V: NOV) announces assay results for three recently completed drill holes on the Grizzly gold occurrence within its 100% owned REN property, Point Lake, Northwest Territories.
Eleckra expands Central Bore gold discovery September 21, 2010
Posted by Fortbridge in Mining.Tags: central bore, discovery, eleckra mines, expansion, gold, wa
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Eleckra Mines Limited (ASX: EKM) announces assay results from the whole first batch of samples from its 17,000 metre RAB drilling program just completed around the Central Bore deposit area (WA). Most of RAB holes in the area have been drilled dipping -60o to the east on the local grid.
Avanco confirms exceptionally high grades of copper in Brazil September 21, 2010
Posted by Fortbridge in Mining.Tags: avanco resources, brazil, copper, results, rio verde project
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Avanco Resources (ASX: AVB) has recently completed 34 diamond core drill holes for approximately 2,000m at its Rio Verde Copper Project in the Carajas region of Brazil. Assays for approximately half the programme at the JORC compliant Antas South Deposit have been returned with results confirming the existence of an exceptionally high grade copper zone within the greater resource area. This includes a spectacular intercept of 9 metres at 50.49% copper from 18 metres.
Hillgrove awards Kanmantoo plant construction to Abesque September 21, 2010
Posted by Fortbridge in Mining.Tags: abesque, contract awarded, forge group, hillgrove resources, kanmantoo
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Hillgrove Resources Limited (ASX: HGO) has awarded the contract for the construction and commissioning of the Kanmantoo processing plant through its wholly owned subsidiary Hillgrove Copper Pty Limited to Abesque Engineering Limited, a wholly owned subsidiary of the Forge Group Limited (ASX: FGE).
Hunnu Coal provides update on development and exploration in Mongolia September 20, 2010
Posted by Fortbridge in Energy, Mining.Tags: coking coal, hunnu coal, mongolia, tsant uul project
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Hunnu Coal (ASX: HUN) announces an update on the company’s ongoing drilling and development programmes which include the Tsant Uul Coking Coal Project in Mongolia, the Unst Khudag Thermal Coal Mine and the Tenuun-2 Coal Project.
Minotaur gains exposure to historic Victorian goldfields September 17, 2010
Posted by Fortbridge in Mining.Tags: gold, minotaur exploration, victoria
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Minotaur Exploration (ASX: MEP) has taken an Option to assess and acquire two historic gold producing areas in Victoria, providing brownfields exploration exposure.
World class results from testing of Minotaur’s kaolin products September 16, 2010
Posted by Fortbridge in Mining.Tags: kaolin, minotaur exploration, results
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Minotaur Exploration Limited (ASX: MEP) reports significant results from comprehensive physical, chemical and mineralogical characterisation of kaolin products derived from its kaolinised granite deposit, 100km south-east of Ceduna in South Australia.
Blackthorn receives final exploration assay results from Burkina Faso September 16, 2010
Posted by Fortbridge in Mining.Tags: blackthorn resources, burkina faso, exploration
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Blackthorn Resources Limited (ASX: BTR) provides assay results from the final consignment of samples taken from 11 diamond-core drill holes completed on the Company’s 100% owned exploration tenements in Burkina Faso.
Republic Gold targets +10 year mine life in Bolivia September 16, 2010
Posted by Fortbridge in Mining.Tags: amayapampa, bolivia, drilling, mine life, republic gold
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Republic Gold Limited (ASX: RAU) will embark upon a resource enhancement phase of drilling at the Amayapampa Gold Project. This drilling will seek to both optimise the current mineral resource and explore possible extensions to the orebody with the primary aim of increasing the recently reported ore reserve.
Laguna Resources increases JORC resource by 60% September 16, 2010
Posted by Fortbridge in Mining.Tags: arqueros project, chile, gold, increase, jorc resource, laguna resources, silver, update, upgrade
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Laguna Resources (ASX: LRC) presents an update on the JORC Resource for the Arqueros Gold and Silver Deposit in Northern Chile. The Indicated and Inferred JORC Resource now stands at 1.1 million gold equivalent ounces at an average grade of 1.5 g/t gold equivalent for a 0.7 g/t gold equivalent cut off grade. This is a 60% increase in Total JORC Resource.
AusAmerican finalises $3,650,000 convertible note funding to advance US uranium projects September 15, 2010
Posted by Fortbridge in Energy, Mining.Tags: ausamerican mining, funding, springtree, uranium, usa
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Australian-American Mining Corporation NL (ASX: AIW) has entered into an agreement for provision of a convertible loan facility from New York-based investment fund SpringTree Special Opportunity Fund, LP. The facility will provide a maximum of $3,650,000 of funding to the company over 18 months.
Institutional funds invest in Citigold September 15, 2010
Posted by Fortbridge in Mining.Tags: capital raising, citigold corporation, institutional investors
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Citigold Corporation Limited (ASX:CTO, FSE:CHP) has successfully completed a capital raising of $3,500,000 principally from Australian and European funds.
Transit Holdings advances iron ore strategy September 14, 2010
Posted by Fortbridge in Mining.Tags: iron ore, johnston range, transit holdings, yilgarn
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Transit Holdings (ASX: TRH) is continuing to advance its Yilgarn Iron Ore strategy with a view to fast-tracking the assessment of its iron ore assets, and aiming at initial mineral resources being estimated by mid 2011.
Blackthorn calls Extraordinary General Meeting September 14, 2010
Posted by Fortbridge in Mining.Tags: blackthorn resources, egm, glencore, jv, perkoa project, zinc
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Blackthorn Resources (ASX: BTR) will be holding an Extraordinary General Meeting on Thursday 14th October 2010 at 11:00am AEST.
