The reason for the excitement at Linux Gold is apparent. The Ester Lode property is in the middle of the Fairbanks Gold District, one of the more prolific gold areas in North America. Over 10 million ounces of gold have been recovered from placer mining alone since 1902.
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True North Gems, b developing ruby and sapphire in Greenland, can play a role in breaking the dominance of governments such as Myanmar’s, the world’s largest supplier of rubies and sapphire.
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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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With oil prices over $80 per barrel, storm activity in the Gulf of Mexico and a cold winter predicted ahead elsewhere, not to mention worldwide demand for crude oil poised to rise again during the fourth quarter of 2007, now is a great time to be an oil and gas junior.
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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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Canada’s Athabasca Basin is home to the world’s largest uranium mine, McArthur River. The mine, 30% owned by AREVA Resources and 70% by Cameco (NYSE:CCJ, TSX:CCO), produces approximately 18.7 million pounds of uranium per annum.
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Since historic times, the clarity and value of rubies have been praised in works of literature- from the Bible to the Metaphysical Poets. Now investors are discovering a modern-day version of these same qualities as True North Gems (TSX.V:TGX) enters a new chapter in the saga of its Fiskenaesset Ruby Project in Greenland.
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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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As signs of a split corporate personality start to appear, Tribune Uranium Corp. (TSX.V: TCB) is looking to cure the condition by spinning off its non-core assets, including giving shareholders an unanticipated dividend.
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