Blackheath Resources (BHR.V) announced they have signed an option agreement to earn an interest of up to 85% in the Arga tungsten from Avrupa Minerals (AVU.V). The Arga project consists of almost 28 square kilometers, adjacent to the Covas tungsten project where Blackheath is currently exploring for Tungsten. We have […]
Proto Resources (ASX:PRW) has announced it entered into a binding term sheet with Dourado Resources (ASX:DUO) whereby Proto can earn up to 70% in Dourado’s tenements, situated approximately 40 km south of Sandfire Resources’ Doolgunna copper-gold project. Proto says the Mooloogool project is very prospective for copper-gold mineralization as well, […]
Lupaka Gold (LPK.TO) has received a structural geological interpretation report from SRK Consulting. This report was intended to gain a better understanding of the structural geology of the Crucero Project in Peru. The recommendations made by SRK will be used to determine the anomalies which will be prioritized to conduct […]
Inca One Resources (IO.V) has announced they received the long-awaited approval of the Environmental Impact Statement on the Las Huaquillas project they submitted last year. This is excellent news as the company is now allowed to conduct further exploration and actually drill at Las Huaquillas which has a historical resource […]
Mediterranean Resources (MNR.TO) announced they received a lowball-offer from an unnamed Australian party which intends to acquire all outstanding shares of Mediterranean Resources to gain full control of their Kizildag-project. Whilst we are always willing to look at the proposal the ASX-listed company will put on the table, we would […]
A German newsletter writer who also attended the site visit of Lupaka Gold (LPK.TO) last month has released his site visit report today, which caused a huge spike in trading volume on the German stock exchanges. As of this moment, the total volume on all German exchanges in Lupaka Gold […]
Revett Minerals (RVM.TO, NYSEMKT:RVM) has announced the results of their Annual and Special General Meeting. As expected, all five directors were re-appointed as everyone received in excess of 90% of the votes in favor of their re-appointment. We were surprised to see chairman Tim Lindsey has the lowest approval rate. […]
High Desert Gold (HDG.V) has announced a first batch of drill results of the 2013 exploration program at their 82% owned Gold Springs Project in Nevada/Utah, USA. Of interest is the interval of almost 26 meters at a grade of 0.97g/t gold and almost 1.5oz/t silver, resulting in a gold-equivalent […]
Inca One Resources (IO.V) announced today they have signed a letter of intent to acquire a gold milling facility in Southern Peru. The facility currently has a mill on site with a capacity of 25tpd, but the company feels it’s immediately upgradeable by installing an additional ball mill and tanks. […]
Golden Arrow has announced a maiden resource estimate at their Chinchillas-project in Argentina’s Jujuy-province. This first resource estimate was much better than our expectations, as the company reported 105M ounces of silver-equivalent over all categories.