As 2012 came to an end, we sat down with Jeff Tindale, CEO of Cliffmont Resources (CMO.V) to evaluate the exploration program of 2012, and to discuss the plans for 2013.
Vale (NYSE:VALE), Golden Arrow Resources’ (GRG.V) Joint Venture partner at the Mogote project has started a Phase II drill program that will consist of approximately 7500 meters of drilling. Vale expects to drill 10 deep holes to test earlier identified zones for copper-gold mineralization. The Mogote Project is located in […]
Brixton Metals (BBB.V) announced last week they entered into a non-binding agreement to acquire 100% of the Thorn property in British Columbia. Brixton will pay $1.5M in cash and issue 7M shares to Kiska Metals (KSK.V) for a total consideration of $2.9M based on a share price of C$0.20 per […]
Edgewater Exploration (EDW.V) has announced new drill results at their 100%-owned Corcoesto Gold Project in Galicia, Spain. Highlights are in excess of 12 meters at 3.24g/t including 1.5 meters at 13.5g/t. Hole 12w226 intersected almost 15 meters at 1.8g/t at a depth of 235 meters. The company anticipates to release […]
African Eagle Resources (LON:AFE) has announced a first resource estimate at their 85% owned Zanzui project in Tanzania. This resource estimate covers only 3km² of the total land package of 140km², so there is considerable room for expansion. This first JORC-compliant estimate consists of in excess of 480M lbs Nickel […]
Alexander Nubia (AAN.V) has released more assays from their trenching program at their 100% owned Hamama VMS project in Egypt. Highlights of the released results are 52 meters at 2.36g/t gold and 27.6g/t silver and 50 meters at 3.09g/t gold and 55g/t silver. The results of this and a previous […]
Alara Resources (ASX:AUQ) has announced more drill results from their 75% owned washihi project in Oman. The company drilled 88 meters at 1.75% Cu and 0.19g/t gold, including 30 meters at 2.99% copper and 1.92g/t gold, which is extremely high-grade. Mineralization starts at a moderate depth of 67 meters, and […]
Empire Mining has started trading today as Columbus Copper (CCU.V) to emphasize the company’s focus on its copper projects in Turkey and Serbia and to reduce overhead costs (although we don’t quite know how a name change can reduce overhead). Shareholders and holders of physical share certificates aren’t required to […]
Colt Resources (GTP.V), a Portugal-focused gold and tungsten exploration company, announced they received firm commitments from certain parties to conduct a non-brokered private placement. The company plans to raise C$8M by issuing 17.77M shares at a price of C$0.45. The funds will be used for further exploration at Colt’s Boa […]
Cliffmont Resources (CMO.V) has announced excellent drill results on their San Luis property once again. At San Jorge, the company intercepted 235g/t gold and 90g/t silver over a width of 0.4 meters and a little bit deeper they intersected one meter at 323g/t silver. Cliffmont expects to have new drill […]
Proto Resources (ASX:PRW) will shortly commence two separate drill programs at their 50% owned Mt. Vetters project in Western Australia. A Reverse Circulation program will target nickel mineralization approximately 5km south of the Black Swan and Silver Swan nickel mines. An air core drill program will simultaneously test some priority […]
The following pictures were taken at the site visit to Revett Minerals’ Troy Mine and Rock Creek deposit in Montana.