Highlights – REE bearing zone on original PH property defined over an approximate 2.8 km strike length – open Values up to 25% TREE+Y, averaging 5.3% from outcrop / subcrop grab samples – Significant REE values on MRT property, 60 km to the east along trend, Values to 7.0% TREE+Y in outcrop and 10% in float – Airborne radiometric survey shows Th anomalies associated with REE mineralization on the original PH and MRT properties and unexplained Th anomalies along the PH trend
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/09/11 — Kenai Resources Ltd. ("Kenai") (TSX VENTURE: KAI) is pleased to provide the following update on the Sao Chico gold project in north central Brazil.Modifications to Kenai-s Option Agreement with Gold AnomalyUnder its original September 21st, 2010 Option Agreement ("Original Agreement") with Gold Anomaly Limited ("GOA"), the owner of the rights to the Sao Chico project, Kenai has to date advanced A$2.5m in l
Year-to-date Results Motivate Mana Exploration Budget Increase of $8.5 Million
TORONTO, ONTARIO — (Marketwire) — 08/09/11 — Estrella Gold Corporation (TSX VENTURE: EST) ("Estrella" or the "Company") is pleased to announce initial drilling results from the Colpayoc gold project, 12 km southwest of the Yanacocha gold mine in northern Peru. The Colpayoc property contains 5,774 hectares (57.7 square kilometers) with gold and silver mineralization in three areas. The Company has completed 8 holes, totalling 1,093.7 meters of core drilling on the Daylig
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/09/11 — Southern Arc Minerals (TSX VENTURE: SA) ("Southern Arc" or "the Company") has halted drilling activities at its West Lombok project in Indonesia while the Company works with local authorities and community leaders to resolve local unrest.On August 8, a group of demonstrators arrived at Southern Arc-s Mencanggah property and set fire to three drill rigs before proceeding to the Company-s Pelangan property, where an a
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/09/11 — Search Minerals Inc. ("Search" or the "Company") (TSX VENTURE: SMY) is pleased to announce it has signed an agreement with Votorantim Metais Niquel S.A. and Votorantim Novos Negocios S.A., operating subsidiaries of Votorantim Participacoes S.A. ("Votorantim"), a privately owned Brazilian conglomerate headquartered in the city of Sao Paulo, Brazil, pursuant to which Votorantim will undertake testwork on the
SASKATOON, SASKATCHEWAN — (Marketwire) — 08/09/11 — Great Western Minerals Group (TSX VENTURE: GWG) (OTCQX: GWMGF) ("GWMG" or the "Company") is pleased to announce that it has appointed John Selby as a monazite / radiation / environmental consultant to its team at the Company-s Steenkampskraal rare earth mining project in South Africa.Mr. Selby was most recently with Richards Bay Minerals of South Africa where he assumed increasingly senior positions through to being nam
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/09/11 — Lumina Copper Corp. (TSX VENTURE: LCC) (the "Company") is pleased to announce the results of 6 new holes drilled as part of the ongoing exploration and development program at its 100% owned Taca Taca copper/gold/molybdenum deposit located in Salta province, Argentina. The results are highlighted by holes TTBJ11-19, 20, 21 and 26 that intersected longer than expected (greater than 450 meters) intervals of higher grade copper m
New high grade intersections of 16.23 g/t Au over 10.00 m and 15.00 g/t Au over 11.25 m
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/09/11 — Sunridge Gold Corp. (TSX VENTURE: SGC) announces the engagement of Endeavour Financial International Corporation ("Endeavour") on an exclusive basis to provide financial advisory services with respect to its debt financing requirements for the development of the Asmara Project, Eritrea.The feasibility study at Debarwa copper-gold-zinc deposit is now substantially past the halfway point of completion and the prefeasibility stu