PMI Gold (TSX.V:PMV) has closed its deal with Nevsun Resources (Barbados) to acquire the Kubi Gold project in Ghana’s Ashanti Gold Belt. This latest acquisition rounds out the company’s existing portfolio to four past-producing Ghanaian gold properties, giving PMI control of a total 698 sq km in the Golden Triangle.
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Goldcliff Resources is making solid progress on exploration programs this year, and the company’s recent activity underscores that fact.
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When ValGold’s team of more than thirty exploration experts first hit the field in northern Venezuela a year ago, the company planned to prove up a reasonable sized resource just north of Crystallex’s Tomi Mine. Assay results from 2007, coupled with historical drill results from previous property owners, now suggest that ValGold has completed the first big step in achieving that goal.
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Teryl Resources (TSX.V:TRC) is set to take flight as it moves into the next stage of an ambitious drilling program on its Gold Hill property near Bisbee, Arizona. The company has just signed a drilling contract for the project, with work to commence as soon as a drill becomes available.
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A brand new entry in the global uranium exploration ring, Universal Power Corp. (TSX.V:UNX) began trading under its new name and symbol on October 2nd of this year. Universal’s unique mix of Uranium, Silver and Iron Oxide Copper Gold (“IOCG”) prospects gives investors a unique blend of exposure to upside across various in-demand commodities
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Kootenay Gold’s management and shareholders await Phase I drilling results on the company’s Promontorio Silver Project in Sonora State, Mexico.
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The vice-president of exploration for Golden Reign Resources Ltd. (TSX-V: GRR) was returning from a field visit to the company’s properties. At the Dorozhni property, which covers 8.8 square km, gold mineralization is thought to be the source of 150,000 ounces of historically mined placer gold.
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Commerce's goal is to become the world's leading source of high-quality tantalum and niobium. The next phase of development involves permitting, and an environmental study conducted by Gartner Lee, a top environmental consulting firm.
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The social responsibility and environmental impact of miners and mining are the populist themes of the day in Ecuador as the Correa administration and newly elected members of a National Constituent Assembly begin what is likely to be a long and drawn out effort to rewrite the country’s constitution and mining legislation.
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It looks as if Grenville Gold (TSX.V:GVG) has all the ingredients needed for success at its Silveria project in Peru. The company recently released a 43-101 report on Silveria which outlines its exploration and development plan for a potential silver-zinc-lead-copper resource. In addition to its three Peruvian properties, the company has a property in Ecuador which has a history of artisanal gold mining.
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This year, the summer doldrums in the resource sector were anything but dull for the boys at Kootenay Gold (TSXV: KTN). With drills turning at Jumping Josephine (BC), Promontorio (Mexico) and Connor Creek (BC), autumn is proving to be a harvest season of results and new announcements by the company and its various JV partners.
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Materials researchers at the National Institute of Standards and Technology (NIST), together with colleagues from IBM and the Massachusetts Institute of Technology, have pushed the measurement of thin films to the edge—literally—to produce the first data on how the edges of metallic thin films contribute to their magnetic properties.
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