News

Ximen Transferring Multi-Year Work Permit for Drilling and Trenching

February 27, 2014 by · Leave a Comment 

Ximen Transferring Multi-Year Work Permit for Drilling and Trenching VANCOUVER, British Columbia, Feb. 27, 2014 (GLOBE NEWSWIRE) — Ximen Mining Corp. (TSX-V:XIM) (the “Company” or “Ximen”) is pleased to announce an update on its 100% owned Brett Gold Project situated in the North Okanagan region of Southwest British Columbia approximately 29 kilometers West of Vernon. […]

Azincourt-Fission 3.0 JV Commences PLN Winter Program

January 21, 2014 by · Leave a Comment 

Azincourt-Fission 3.0 JV Commences PLN Winter Program SASKATOON, SASKATCHEWAN –AZINCOURT URANIUM INC. (“Azincourt” or “the Company“); (TSX VENTURE:AAZ), and its joint venture partner and operator, Fission 3.0 (“Fission 3.0″); (TSX VENTURE:FUU), are pleased to announce that a $1.0M, 8 to 10 drillhole winter diamond drilling, radon survey and ground geophysical program, focusing on high priority targets, has […]

NOVO RESOURCES ANNOUNCES $8,268,000 RAISED FROM WARRANT EXERCISES

December 3, 2013 by · Leave a Comment 

VANCOUVER, December 3, 2013 – Novo Resources Corp. (CNSX: NVO; OTCQX: NSRPF) reports the exercise of 93% of the 14,782,500 share purchase warrants issued in a private placement which closed on November 30, 2011 (see Novo’s news release of November 30, 2011), raising gross proceeds of $8,268,000. The remaining warrants have expired. The gross proceeds […]

Terrace Announces The Successful Completion Of A New Well In The Eagle Ford Shale

December 2, 2013 by · Leave a Comment 

Terrace Announces The Successful Completion Of A New Well In The Eagle Ford Shale Vancouver, BC, December 2, 2013 – Terrace Energy Corp. (the “Company” or “Terrace”) (TSXV:TZR, OTCQX:TCRRF, FRANKFURT:2TR) is pleased to announce that the  BlackBrush Terrace LP (“BBTLP”) has successfully drilled and completed its first well (the “Chittim Heirs 2-H” well)  in the Eagle […]

NexGen Energy Ltd.: Rook I Aerial Survey Identifies 5 Zones of Elevated U-Channel Radiometrics

December 2, 2013 by · Leave a Comment 

NexGen Energy Ltd.: Rook I Aerial Survey Identifies 5 Zones of Elevated U-Channel Radiometrics December 02, 2013 NexGen Energy Ltd. (TSX-V:NXE) (“NexGen” or “the Company”) is pleased to announce initial results from the recently acquired aerial geophysical surveys along its southern Athabasca Basin margins, at the Rook and Dufferin areas (see Fig 1-5). Highlights: At least 5 […]

Troymet Signs Agreement to Sell Key Property

November 19, 2013 by · Leave a Comment 

  November 19, 2013 – Troymet Exploration Corp. (TSXV:TYE) (“Troymet”) announced today that it has entered into an asset sale agreement (the “Sale Agreement”) with respect to the sale of Troymet’s 100% interest in the Key Property in British Columbia to New Gold Inc. (“New Gold”) (the “Proposed Transaction”).Pursuant to the Proposed Transaction, Troymet will […]

PACIFIC POTASH INITIATES DRILLING ON ITS 100% OWNED AMAZONAS BASIN POTASH PROPERTY

November 15, 2013 by · Leave a Comment 

PACIFIC POTASH INITIATES DRILLING ON ITS 100% OWNED AMAZONAS BASIN POTASH PROPERTY VANCOUVER, BRITISH COLUMBIA – November 15th, 2013 – Pacific Potash Corporation (TSX-V: PP; OTCQX: PPOTF; FSE: P9P, “Pacific Potash”, “the Company”) is pleased to announce that it has commenced drilling its Amazonas Basin Potash Property. Mobilization, set-up and the initial pre-collar and casing […]

Red tape bleeding life from B.C.’s resource opportunities

October 28, 2013 by · Leave a Comment 

Cost of compliance: Growing regulatory burden is moving the industry unnecessarily toward a bleak future Special To The Sun October 28, 2013 Costlier and additional regulatory requirements are exacerbating harsh economic realities for B.C.’s resource sector and independent brokerage business. With junior companies on the precipice, Canada’s growing regulatory burden is moving the industry unnecessarily toward […]

Pacific Potash Receives Environmental Permits And Mobilizes Drill Rig To Amazonas Potash Project

October 21, 2013 by · Leave a Comment 

October 21, 2013 Pacific Potash Receives Environmental Permits And Mobilizes Drill Rig To Amazonas Potash Project VANCOUVER, BRITISH COLUMBIA – October 21st, 2013 – Pacific Potash Corporation (TSX-V: PP; OTCQX: PPOTF; FSE: P9P, “Pacific Potash”, “the Company”) is pleased to announce that it has obtained all environmental permits for drilling in addition to securing and […]

NexGen Drills 3 Mineralized Holes at Rook I from 11 Highly Altered Holes Along Strike from PLS

October 16, 2013 by · Leave a Comment 

NexGen Drills 3 Mineralized Holes at Rook I from 11 Highly Altered Holes Along Strike from PLS NexGen Energy Ltd. (TSX.V:NXE) (“NexGen” or the “Company”) is pleased to announce that it has completed its first phase drill program totalling 3,032m on Rook 1. Rook 1 is immediately adjacent to, and up strike approximately 2.1km northeast of the […]

Confederation drills 1.5 m of 13.46 g/t Au at Newman

August 23, 2013 by · Leave a Comment 

CONFEDERATION RESUMES DRILLING AT NEWMAN TODD AND REPORTS ASSAYS FROM FIRST HOLE OF 2013 MID-SUMMER DRILL PROGRAM: ON-GOING EXPLORATION ALTERNATIVES DISCUSSED FOR THIS LARGE-SCALE, GOLD-BEARING SYSTEM LOCATED IN THE RED LAKE GOLD CAMP. Vancouver, B.C.; August 23rd, 2013; Confederation Minerals Ltd. (TSX.V:CFM; OTCQX:CNRMF): (“Confederation” or the “Company”) has released assay results from the first hole of […]

Step Out Drilling Confirms Mineralization, New IP Anomalies Discovered, Expanded Drill Program to Commence Shortly

June 6, 2013 by · Leave a Comment 

June 06, 2013 COLORADO RESOURCES LTD. (TSX-V: CXO) (“Colorado” or the “Company”) is pleased to report results from three drillholes and from surface geological, geochemical and geophysical surveys recently completed on its 100% owned North ROK Property located 15 kms northwest of Imperial Metals Red Chris Mine in NW British Columbia. As reported in news release […]

Pistol Bay Options Summit B Property to Revolver Resources Inc.

Pistol Bay Options Summit B Property to Revolver Resources Inc.

May 22, 2013 by · Leave a Comment 

Pistol Bay Mining Inc. (TSX VENTURE:PST) announces that it has entered into an option agreement (the “Option Agreement”) dated May 17, 2013 (the “Effective Date”) with Revolver Resources Inc. (“Revolver”) whereby Revolver may earn a 60% interest in the Summit B property (the “Property”), located in northwestern British Columbia. Under terms of the Option Agreement, […]

United Mine Services Secures Contract with Idaho Department of Environmental Quality

United Mine Services Secures Contract with Idaho Department of Environmental Quality

May 22, 2013 by · Leave a Comment 

Vancouver, British Columbia, May 22, 2013: United Silver Corp. (“United Silver Corp.”, the “Company”, or “USC”: TSX; USC: OTC; USCZF: Frankfurt: UM8) is pleased to announce that its subsidiary, United Mine Services, Inc. (UMS) dba Stewart Contracting has secured a contract to provide ongoing environmental remediation services for the Idaho Department of Environmental Quality (DEQ) […]

Putin’s Power Play – How It Will Change the Uranium Sector

Putin’s Power Play – How It Will Change the Uranium Sector

May 15, 2013 by · Leave a Comment 

Casey Research May 15, 2013 12:18pm The last time Vladimir Putin was president, he laid the foundation to pull Mother Russia from the wreck of economic chaos to a world power once again. This time, he’s ready to extend that influence to counter the West. His tools: Russia’s abundant resources of energy, including uranium. There’s […]

Eagle Star Extends Drill Program to Further Delineate Resources on Additional Outcropping Targets Identified at The Bomfim Project

Eagle Star Extends Drill Program to Further Delineate Resources on Additional Outcropping Targets Identified at The Bomfim Project

May 14, 2013 by · Leave a Comment 

VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 14, 2013) – Eagle Star Minerals Corp. (TSX VENTURE:EGE)(ELGSF)(E6R.F) (“Eagle Star” or “the Company”) is pleased to announce that based on positive results, the drill program being carried out at the Bomfim Agro-mineral Project has been extended in order to quantify resources on additional targets already identified through previous field […]

Mandalay Resources Announces Results for the First Quarter of 2013 and Annual Dividend Policy of 6%

Mandalay Resources Announces Results for the First Quarter of  2013 and Annual Dividend Policy of 6%

May 14, 2013 by · Leave a Comment 

TORONTO , May 14, 2013 /CNW/ – Mandalay Resources Corporation (“Mandalay” or the “Company”) (MND.TO) announced today revenues of $41.6 million and EBITDA of $19.8 million for the first quarter of 2013. The Company’s unaudited consolidated financial results for the three months ended March 31, 2013 , together with its Management’s Discussion and Analysis (“MD&A”) […]

PolyMet Reports Completion Of Drafting of Preliminary EIS

PolyMet Reports Completion Of Drafting of Preliminary EIS

May 13, 2013 by · Leave a Comment 

St. Paul, Minnesota, May 13, 2013 – PolyMet Mining Corp. (TSX: POM; NYSE MKT: PLM) (“PolyMet” or the “Company”) has been notified by the Minnesota Department of Natural Resources (“MDNR”) that ERM, the independent EIS Contractor, has completed drafting the preliminary supplemental draft Environmental Impact Statement (“EIS”) analyzing PolyMet’s 100%-owned copper-nickel-precious metals NorthMet project located […]

Barkerville Gold Mines Ltd. Provides Technical Update On Cariboo Gold Project

Barkerville Gold Mines Ltd. Provides Technical Update On Cariboo Gold Project

May 13, 2013 by · Leave a Comment 

Vancouver, BC – Barkerville Gold Mines Ltd. (“Barkerville” or the “Company”) wishes to provide a report on the status of its proposed technical disclosure review response to the cease trade order (the “CTO”) issued by the British Columbia Securities Commission (the “BCSC”) as disclosed in the Company’s press release dated August 15, 2012. Technical Review […]

Initial Resource Estimate for Novo’s Beatons Creek Gold Project, Western Australia

Initial Resource Estimate for Novo’s Beatons Creek Gold Project, Western Australia

May 2, 2013 by · Leave a Comment 

  VANCOUVER, May 1, 2013 – Novo Resources Corp. (the “Company”) (CNSX: NVO; OTCQX: NSRPF) is pleased to announce the first ever National Instrument (NI) 43-101 compliant resource estimate for its Beatons Creek Gold Project, Western Australia. This resource estimate is based on 16,107 meters of reverse circulation (RC) drilling and 478 meters of diamond core drilling completed in 2011-12. […]

Colorado Announces Drill Rig Mobilized to North Rok

April 30, 2013 by · Leave a Comment 

COLORADO RESOURCES LTD. (TSX-V: CXO) (“Colorado” or the “Company”) is pleased to announce further to its news release of April 26, 2013 it has secured and mobilized a drill rig to its North Rok Property where the step out drilling of Drillhole NR13-001 will commence shortly. The Company is permitted and fully funded with a strong […]

Orestone Outlines Two Prominent Magnetic Highs at Captain

Orestone Outlines Two Prominent Magnetic Highs at Captain

February 12, 2013 by · Leave a Comment 

NEWS — Orestone Mining Corp. (TSX Venture Exchange-Symbol: ORS) is pleased to report that the Company has completed the 50 line kilometer detailed magnetic survey at the Captain Project in north central BC announced on January 25, 2013. The survey was designed to detail the Admiral (East Mag) target area where recent drill hole C12-05 […]

Oracle Energy Corp. Announces Award of Oil and Gas Concession in Portugal

Oracle Energy Corp. Announces Award of Oil and Gas Concession in Portugal

February 5, 2013 by · Leave a Comment 

NEWS — Oracle Energy Corp. (“the Company” or “Oracle Energy”, or “Oracle”) (TSX.V:OEC.V – News) (Frankfurt:O2E) is pleased to announce that the Direccao Geral de Energia e Geologia (“DGEG”), an agency of the Portuguese Ministry of Economy and Employment, has awarded Oracle Energy the Barreiro oil and gas concession in Portugal’s southern Lusitanian Basin. The […]

Orestone Initiates Ground Magnetic Survey At Captain Project

Orestone Initiates Ground Magnetic Survey At Captain Project

January 25, 2013 by · Leave a Comment 

NEWS — Orestone Mining Corp. (TSX Venture Exchange–Symbol: ORS) is pleased to report the commencement of a detailed ground magnetic survey at the 100%-owned Captain Project. The survey will define the magnetic anomaly within the area of a recent drill discovery of significant gold/copper mineralization (news release January 14, 2013). The high resolution ground magnetic […]

Endeavour Mining Delivers 310,000 Oz Gold Production Exceeding 2012 Guidance and Provides 2013 Forecast

January 22, 2013 by · Leave a Comment 

NEWS — Endeavour Mining Corporation (“Endeavour” or the “Corporation”) (TSX:EDV, ASX:EVR, OTCQX:EDVMF ) announces total annual production for 2012 of 310,778 ounces of gold exceeding the 2012 production guidance range of 282,000 to 304,000 ounces.  For 2013, Endeavour expects gold production in the range of 310,000 to 345,000 ounces at a cash cost per ounce […]

Orestone Intersects Strong Gold Mineralization in Captain Drilling

January 14, 2013 by · Leave a Comment 

NEWS — VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan 14, 2013) – Orestone Mining Corp. (TSX VENTURE:ORS) (the “Company”) is pleased to report assay results for the recently completed 912 metre diamond drill program on the Company”s 100% owned Captain Project. Vertical hole C12-05 was drilled to a depth of 550.2 metres and is the most significant of […]

Orestone Drills Four Hundred Meters of Porphyry Mineralization at Captain Project

December 11, 2012 by · Leave a Comment 

NEWS — Orestone Mining Corp.  (TSX Venture Exchange-Symbol: ORS) (the “Company”) is pleased to report the completion of drilling at the Captain Project. The 100% owned Captain project is located 41 kilometers north of Fort St. James, British Columbia and approximately 30 kilometers south of the Mt. Milligan copper-gold deposit. The Mt. Milligan deposit has […]

Orestone Begins Drilling on Captain Copper-Gold Porphyry Project

November 20, 2012 by · Leave a Comment 

NEWS — Orestone Mining Corp. (TSX Venture Exchange–Symbol: ORS) is pleased to announce that the Company has commenced a core drilling program on the 100% owned Captain Project. As of this date the first drill hole in this program, four hundred meters to the east of the discovery hole C11-01, is well advanced and is […]

Golden Reign Outlines High-Grade Initial Resource of 95,000 Indicated Gold Equivalent Ounces and 805,000 Inferred Gold Equivalent Ounces at San Albino Mine Area, Nicaragua

November 20, 2012 by · Leave a Comment 

NEWS — Golden Reign Resources Ltd. (TSX-V: GRR) (the “Company” or “Golden Reign”) is pleased to announce an initial mineral resource estimate from the first 15 months of drilling completed the San Albino Mine area of its San Albino-Murra Property (the “Property”), Nicaragua. Highlights: Indicated resources of 95,000 ounces gold equivalent at 8.47 g/t contained […]

Oracle Mining Announces Filing of Technical Report and Provides a Corporate Disclosure Update

October 16, 2012 by · Leave a Comment 

NEWS — Oracle Mining Corp. (TSX:OMN)(OTCQX:OMCCF)(FRANKFURT:OMC) (“Oracle Mining” or the “Corporation”) announced today that, at the request of the British Columbia Securities Commission, it is clarifying and updating its disclosure regarding its exploration and development activities at the Oracle Ridge Copper Mine near Tucson, Arizona (“Oracle Ridge”). Resource Validation Program The Corporation is continuing its […]

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