KWG Resources Inc (TSXV: KWG) has agreed to acquire from the holder half of a 2% net smelter royalty (1%) underlying the mineral claims of Freewest Resources Canada Inc (TSXV: FWR) (“Freewest”) including those in which KWG and Spider Resources Inc (TSXV: SPQ) are earning a joint venture interest.
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Advanced ground penetration radar, originally developed to investigate the soil structure on the Moon and other planets on ESA planetary missions, is now being used in Canadian mines to spot hidden cracks and weaknesses in mine roofs.
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Last week, Kootenay Gold (TSX.V:KTN) released the initial results from the Phase 2 drill program now underway at the company’s 100% owned Promintorio project.
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Newmac Resources (TSX.V:NER) Crazy Fox project 100 km north of Kamloops in British Columbia’s Chilcotin region is turning in some good grades across long intersections. With two drills operating continuously, there will be many more to come throughout the 2008 exploration season.
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After a long wait of over 5 years, Vannessa Ventures (TSX.V:VVV) has received final confirmation from the Costa Rican Mining Ministry (MINAE) authorizing the exploitation of the Crucitas project by Vannessa. This clears the way for construction to begin immediately.
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Little Squaw Gold Mining (OTCBB:LITS) is advancing its shareholders’ interests on four fronts, all of which are shaping up to be lucrative investments for the company.
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Soltera Mining Corp. (OTCBB:SLTA) has been busy acquiring properties during the first quarter of 2008. Unstable markets have been unable to dampen the resolve with which management goes about building shareholder value.
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By Darryl Kelley
Drilling is now underway at Tarsis Capital’s (TSX.V:TCC) Wolf project (previously named Tim), a 6,000 hectare lead, zinc and silver project located 72 kilometres west of Watson Lake in the Yukon Territory, and 12 kilometres northeast of the Silvertip Deposit (previously named Midway).
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By Eric Pratt
Goldcliff Resources (TSX.V:GCN) assayed a trenching sample from its 100% owned Panorama Ridge project that returned a value of over 15 ounces per tonne of gold. The bonanza grade sample was assayed twice to confirm the result, which has validated the company’s theory that there would be high grade zones encountered throughout broadly disseminated lower grade host rock.
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By Eric Pratt
Its not often one discovers an OTC-listed mining company that has a board of directors and management team with the caliber and pedigree of Little Squaw Gold Mining Company (OTCBB:LITS).
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Helio Resource Corp.’s (TSX.V:HRC) project generator model is starting to yield results, both in terms of attracting other juniors as joint venture partners, and on its own flagship SMP property in Tanzania.
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By Eric Pratt
Seldom a week passes without news of another investment by Pinetree Capital Ltd. (TSX:PNP) in an emerging resource or technology company. Pinetree has a lean corporate structure and visionary business model that makes it part investment fund, part investment bank.
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