April 2012
Coronet Metals Completes Baseline Study in Peru
April 30, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–metalinvestmentnews– Peru’s Government has assured farmers surrounding the $4.8 billion Conga Gold Mine, that Newmont Mining (NEM-NYSE) is intent on improving its environmental mitigation plan. Peruvian President Ollanta Humala is seeking assurances that highland lakes will not be dried up and that Newmont will provide employment, education, irrigation canals and drinking water infrastructure. “Newmont [...]
Iamgold Corp. Acquires Trelawney Mining: An Opportune Strategy towards Stability
April 30, 2012 by prospectingjournal · Leave a Comment
COMMENTARY–ProspectingJournal.com–At Iamgold Corp. (IMG-T) there was always a lingering inevitability about last Friday’s acquisition announcement. The company had announced it would pay C$585 million to acquire Canadian gold junior Trelawney Mining (TSX-V:TRR), in effect giving Iamgold full control of Trelawney’s flagship project, the Cote Lake deposit in northern Ontario. The acquisition has since proven a [...]
Marifil Appoints New Interim Chief Financial Officer
April 30, 2012 by prospectingjournal · Leave a Comment
NEWS–VANCOUVER, B.C. – APRIL 30, 2012, MARIFIL MINES LTD. (MFM: TSX-V) (“Marifil” or “the Company”) is pleased to announce the appointment of Mr. Roger Foster to the position of Interim Chief Financial Officer (CFO) of the Company, effective as of April 30, 2012. Mr. Foster is replacing former CFO Mr. Matt Fowler. Mr. Foster graduated [...]
Strong Drilling Results from Endeavour Mining’s Youga Gold Mine
April 30, 2012 by prospectingjournal · Leave a Comment
NEWS–MONACO–Endeavour Mining Corporation (“Endeavour”) (TSX:EDV, ASX:EVR, OTCQX:EDVMF) is pleased to report positive results from the ongoing exploration programs along the Brassiere Trend at its Youga Gold Mine in Burkina Faso. Drill intercepts from the southern extension of the Zergoré deposit on the Brassiere Trend included YZRCâ€201 with 42 metres (m) of 3.4 grams per tonne [...]
Credence Copper Revival: Junior Teaches Old Arizona Mine New Tricks
April 30, 2012 by prospectingjournal · Leave a Comment
ANALYSIS—ProspectingJournal.com—Despite the effects of erratic markets, now driven by debt headlines and reports of cooling Chinese demand , copper is holding steady. The reason is simple: the commodity with the “PhD in Economics” plays an integral role as our wired society’s nervous system. One look at cu’s five-year spot price illustrates this resilience, not to [...]
Nicaragua Feels the Gold Rush
April 27, 2012 by prospectingjournal · Leave a Comment
COMMENTARY—ProspectingJournal.com—In gold we have been witnessing a remarkable, decade-long bubble that has seen prices rise from $300 an ounce to the $1700 threshold we have become accustomed to today. From Brazil to Nigeria, explorers are drilling and companies are rushing to take advantage of the highly profitable, multifaceted commodity. But there are few places that [...]
Why wouldn’t you Buy Gold?
April 27, 2012 by prospectingjournal · Leave a Comment
COMMENTARY–ProspectingJournal.com–Last week saw the price of gold drop to as low as $1,642 an ounce and continued to mark a steady decline from the higher levels witnessed at the turn of the year. But many experts are still leaning towards ‘buy’ rather than ‘sell’, and have instead opted to look at this week’s spot prices [...]
So Long, US Dollar
April 25, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Marin Katusa, Casey Research There’s a major shift under way, one the US mainstream media has left largely untouched even though it will send the United States into an economic maelstrom and dramatically reduce the country’s importance in the world: the demise of the US dollar as the world’s reserve currency. For decades the [...]
Three More Drill Holes Intersecting Radioactive Mineralization at Patterson Lake South, Saskatchewan
April 25, 2012 by prospectingjournal · Leave a Comment
NEWS–ESO Uranium Corp. (TSX-V: ESO), (the “Company” or “ESO”) is very pleased to announce that it has drilled three more holes with elevated radioactivity. Drill holes PLS12-014 to -016 all intersected strongly anomalous gamma radiation values based on down-hole gamma logging and hand held scintillometer analysis on the Patterson Lake (PLS) Joint Venture (JV) claims [...]
Graphite: The Boom, China’s Bottleneck and the Exploration Crunch
April 23, 2012 by prospectingjournal · Leave a Comment
COMMENTARY–ProspectingJournal.com– In graphite very few can doubt the potential. When the metal first came into use its applications were widely restricted to lubricants and pencils. The impending boom of the auto industry in the 1960s then allowed it to tap into new markets, substantially widening graphite’s reach and economic value. Today, a similar pattern of [...]
Got Uranium? Looming Supply Crunch & Junior Activity Heat Up Athabasca
April 23, 2012 by prospectingjournal · Leave a Comment
ANALYSIS—ProspectingJournal.com—Lately, we’ve had the pleasure of witnessing a slow but steady revival of the uranium scene in the renowned Athabasca Basin. This revival followed Rio Tinto’s takeover of Hathor Exploration [HAT – TSX] and its Roughrider uranium project for $654 million. Shortly after, Stephen Harper reached a deal with China to significantly increase Canadian uranium [...]
The Gold Megathrust
April 20, 2012 by prospectingjournal · Leave a Comment
Guest Commentary–Rockstone Research– “One historic experience is that human nature never changes…” (Ferdinand Lips in “Gold Wars – The Battle against Sound Money as seen from a Swiss Perspective”, page 251; Fame 2002) Since mid-2010, the gold price consolidates sideways predominately within the boundaries of the blue-green triangle. In January 2012, the resistive blue triangle [...]
Standard Graphite (SGH-TSX.V) is Super Charged
April 18, 2012 by prospectingjournal · Leave a Comment
Guest Commentary–Metal Investment News– Graphite is hot and getting hotter. Global demand is expected to double in the next 8 years catalyzed by a 20% a year growth rate in the lithium ion battery space which uses high carbon, “large flake” (+80 micron) graphite selling for $2,400 a tonne. Rapid adoption of battery-driven technologies in [...]
Drilling Returns 19.5 Meters of Strong Radioactive Mineralization, at Patterson Lake, Saskatchewan
April 18, 2012 by prospectingjournal · Leave a Comment
NEWS–Vancouver, Canada, April 18, 2012, ESO Uranium Corp.(TSX-V: ESO), (the “Company” or “ESO”) has been advised by Fission Energy Corp (TSX-V:FIS) that drill hole PLS12-013 has intersected a width of 19.5 meters with strongly anomalous gamma radiation values based on hand held scintillometer analysis at the Patterson Lake South (PLS) Joint Venture (JV) property. · [...]
Hilltown Signs LOI to Acquire Iron Ore Propery in Brazil
April 16, 2012 by prospectingjournal · Leave a Comment
NEWS–Hilltown Resources Inc. (HLT:CNSX) (the “Company” or “Hilltown”) has signed a letter of intent (“LOI”) dated March 27, 2012 with Vulcano Mineradora SA (“VUL”), Iabrudi Consultoria Ltda (“ICL”) and RCS Geologia e Meio Ambiente Ltda (“RCS”) of Brazil (collectively “The “Owners”) to option four mineral claims comprising 36,019 hectares located in Tocantins State, Brazil (the [...]
Playfair Mining Announces Positive updated Preliminary Economic Assessment for its 100% owned Grey River Tungsten Deposit
April 12, 2012 by prospectingjournal · Leave a Comment
NEWS–VANCOUVER, BRITISH COLUMBIA–(Marketwire -04/11/12)- Playfair Mining Ltd. (TSX-V: PLY.V – News) is pleased to announce that Golder Associates Ltd. has completed a NI 43-101 compliant Preliminary Economic Assessment (PEA) for Playfair’s 100% owned Grey River Tungsten deposit in Newfoundland. The PEA indicates that Grey River is a potentially viable project that will return a positive [...]
Providence Resources and Eagle Plains Commence drilling on the Iron Range Project
April 12, 2012 by prospectingjournal · Leave a Comment
NEWS–Vancouver, B.C., April 12, 2012: Providence Resources Corp. (TSX-V: PV) (“Providence” or the “Company”) and Eagle Plains Resources Ltd. (TSX-V:EPL) (“Eagle Plains”) are pleased to announce that drilling has started on their Iron Range JV project located near Creston, British Columbia. FB Drilling has been retained to complete 8 to 10 diamond drill holes (3,000 [...]
Nevsun at the Golden Apex
April 12, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Yesterday (April 11, 2012), the 5 cent ‘eligible dividend’ paying Nevsun Resources Ltd. (TSX/AMEX: NSU) published production results of the first quarter 2012 from its Bisha Mine in Eritrea, East-Africa. In the first 3 months of 2012, a total of 82,000 ounces were mined and sold representing $131 million (at a gold price of [...]
The Unavoidable Oil Prices: Beyond the realm of control?
April 12, 2012 by prospectingjournal · Leave a Comment
COMMENTARY–ProspectingJournal.com–This week has seen some alarm bells ringing about the price of oil. Tuesday marked the second consecutive drop in prices and reflected the largest one-day percentage loss of the year. Tom Bentz, director at BNP Paribas Prime Brokerage Inc, noted, “Cumulative economic concerns are haunting the market again with China’s import data, last week’s [...]
Copper Projects Push Forward in Prolific Walker Lane Belt
April 11, 2012 by prospectingjournal · Leave a Comment
ANALYSIS—ProspectingJournal.com—Perhaps best known as the fault zone that could replace the San Andreas plate boundary if California slips into the Pacific, the Walker Lane Belt also hosts a whole lot of copper. Aligned with the California / Nevada border, the Walker Lane descends across the two states, incorporating the famed Death Valley along with myriad [...]
Lithium and the Quest for Efficiency: The Benefactors of the High Tech Boom
April 10, 2012 by prospectingjournal · Leave a Comment
COMMENTARY–ProspectingJournal.com–In unveiling its latest Ipad, Apple has once again epitomized an unmistakable trend in consumer electronics; that we subside in an electronic era in which we demand greater content but even greater efficiency. It is a demand that inevitably forces us to develop products of such quality that both capacity and battery life is improved [...]
The Bamboo Boom: Building towards Sustainability
April 10, 2012 by prospectingjournal · Leave a Comment
COMMENTARY–ProspectingJournal.com–It is somewhat of a misfortune that bamboo has long since existed but it is only now that we are beginning to harness its true potential. Recent breakthroughs in industrial processing technologies have promised to alter our perception of a plant traditionally recognized as the panda bear’s diet. In bamboo we have a well-known but [...]
Orsu Metals Knocks on China’s Door: Develops Copper-Gold Projects in Central Asia
April 10, 2012 by prospectingjournal · Leave a Comment
ANALYSIS—ProspectingJournal.com—In the race for precious and base metals, miners are drawn to the riches of Central Asia. The region’s proximity to China, now the world’s largest copper and gold consumer is an exciting investment opportunity for companies looking to create substantial returns. Orsu Metals (OSU-TSX.V) is one of the best prospects in the region. The [...]
Investing in Water: The Hottest Commodity of the 21st Century
April 2, 2012 by prospectingjournal · Leave a Comment
COMMENTARY-ProspectingJournal.com-People are seldom aware that on a daily basis we share the privilege of showering in wealth, quite literally. March 22nd, 2012, was world water day, and the occasion prompted US intelligence services to issue a startling warning. According to their report we are potentially only 10 years away from witnessing water-based conflicts. The report [...]
MARIFIL AMENDS LAS AGUILAS AGREEMENT Marifil receives $125,000 cash and 25,000 share payment
April 2, 2012 by prospectingjournal · Leave a Comment
NEWS–VANCOUVER, B.C. – April 2, 2012, MARIFIL MINES LTD. (MFM: TSX-V) (“Marifil” or “the Company”) announces it has reached an agreement with Prophecy Platinum Corp. (“Prophecy”) to amend the terms of our agreement on the Las Aguilas platinum-nickel-copper-cobalt deposit, San Luis Province, Argentina. Prophecy notified the Company that they would be unable to complete the [...]
