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Global Metals Exploration NL

Report: Global Metals Exploration NL

Global Metals Exploration is a Sydney-based mineral exploration company focused on its exploration projects in Australia. Earlier this year, the company announced an agreement to acquire all of the outstanding shares of Hatua Resources, a Tanzanian graphite exploration company. Unfortunately this acquisition was turned down by Global’s shareholders at the […]

Golden Arrow Resources Corp.

Golden Arrow Resources – waiting for Premier’s money

Golden Arrow Resources (GRG.V) updated the market last week and said it expects to receive the money from the royalty sale to Premier Royalty Corp in the near future. We expect the C$16.5M to hit the Golden Arrow-accounts later this week, which translates into approximately C$0.30/share in cash. The company […]

Maintanance

Website Downtime

As you may have noticed, the website has been down several hours this Saturday. We moved to a brand new server enabling us to grow further. This caused some problems on the website, but all have been solved. We apologize for the inconvenience, and are glad to welcome you back. […]

Revett Minerals Inc.

Revett reports Q3 financial results

Revett Minerals (NYSEAMEX:RVM; RVM.TO) has announced their Financial results for the third quarter. Earnings per share came in at $0.13, and the company’s cash position increased to a healthy $33.1M. The company also updated the market on the progress at Rock Creek, where a ruling of the Montana Supreme Court […]

Established Mining District - Savage River, Rosebery, Renison Bell

Venture Minerals releases BFS on the Mt. Lindsay Tin Project

Venture Minerals (ASX:VMS) has released their Feasibility Study on their 100% owned Mt. Lindsay Tin Project. The Bankable Feasibility Study outlines a $200M capex, which includes a 35% increase in capacity to 1.75Mtpa, good for a mine life of 9 years based on the current 14M tonnes of reserves. We […]

Silver Bull Resources Inc.

Silver Bull Resources – Defining a silver deposit in Mexico

At the Silver Summit in Spokane, Washington last month, we had a chance to talk to Tim Barry, CEO of Silver Bull Resources (NYSEAMEX:SVBL, SVB.TO), which owns the Sierra Mojada Silver Project in Mexico. Sierra Mojada currently hosts an oxide resource of 82.5Mlbs silver and 1.1B lbs of zinc in […]

Simba Block 2A, Passive Seismic Results, Kenya

Simba Energy announces results of the passive seismic survey in Kenya

Simba Energy (SMB.V) has announced the results of their passive seismic survey on their 100% owned Block 2A in Kenya, Africa. The first lead at Target 1 with an area of 29km² demonstrates the highest level of hydrocarbon seismic energy interpreted amongst all seven potential leads identified by this survey. […]

Nickel bearing outcrop of laterite at Trulli

Proto Resources – Update

We sat down with Andrew Mortimer, Managing Director of Proto Resources (ASX:PRW), at the Precious Metals show in Munich last Friday and Saturday. The company is gearing up to drill a fourth hole at its Lindeman Bore-project, which will reach a depth of approximately 350 meters, and the company’s geologists […]

Native copper in core from drill hole KDH-008 ar 29.5 meters down hole

Empire Mining closes private placement and starts drilling in Turkey

Empire Mining (EPC.V) announced they closed a private placement, raising an additional C$1.5M by issuing 15M shares at C$0.10 each. This brings the total treasury position to approximately C$4M, after they raised another C$1.5M in September and received a C$1.5M cash payment from First Quantum Minerals (FM.T). Empire also announced […]