back to homepage

Mining & Metals

NuLegacy Gold Reports Assays from Wood Hills Drilling; Terminates the Wood Hills Option 0

RENO, NEVADA — (Marketwired) — 04/09/13 — NuLegacy Gold Corporation (TSX VENTURE: NUG)(PINKSHEETS: NULGF) reports the assays for the five hole Wood Hills Project drilling program commenced February 14th, 2013. The Wood Hills Project is located 13 km southwest of and contiguous to the West Pequop and Long Canyon gold deposits.The drilling program was unable to identify noteworthy gold mineralization although preliminary reconnaissance exploration during 2010-12 suggested the Wood Hills might

Read More

Ferro Provides Corporate Update 0

TORONTO, ONTARIO — (Marketwired) — 04/09/13 — Ferro Iron Ore Corp. (TSX VENTURE: RRO) reports that it has terminated the definitive agreement entered into with shareholders of Continent Treasure Limited to effect a business combination and obtain a 77.5% interest in Mongolian exploration license No.14491X (the "Exploration License"). Ferro has also terminated the definitive agreement to effect a business combination with Blue Eagle Trading Limited to acquire the additional 22.5% i

Read More

High Commodity Prices Drive Colorado Gold and Silver Mining Revival, an Industrial Info News Alert 0

SUGARLAND, TX — (Marketwired) — 04/09/13 — Researched by Industrial Info Resources (Sugar Land, Texas) — Sustained high prices for gold and silver are helping drive project activity in Metals & Minerals projects in Colorado, shown by expansion of producing properties and attempts to reopen idled mines and mills, industry sources tell Industrial Info Resources. Colorado Goldfields Incorporated (OTCQB: CGFI) (Lakewood, Colorado) and Rio Grande Silver Incorporated (Creede, Colorado), a sub

Read More

Energold Drilling Announces 2012 Annual Financial Results & Conference Call Information 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/09/13 — Energold Drilling Corp. (TSX VENTURE: EGD) ("Energold" or "the Company") is pleased to announce record high annual revenue in 2012 of $141.5 million across three business divisions, representing a 6.0% increase over 2011 revenue of $133.5 million, despite a challenging year for commodities overall. Notwithstanding the downturn in mineral drilling activity in mid-2012, the Company achieved gross margins of 22.9% for

Read More

Probe Mines Drills 500-Metre High-Grade Step-Out Holes at Borden Gold Project, Ontario 0

Highlights: – 500-metre southeast step-out holes from previous high-grade zone discovery return intercepts of 25 metres grading 4.6 g/t Au, including 12.9 metres averaging 7.4 g/t Au (DDH 378), and 10.2 metres grading 12.5 g/t Au (DDH 384); – 300-metre step-out hole to the northwest of deposit intersects near-surface mineralization of up to 20 metres averaging 2.0 g/t Au; – Infill drilling on Section 1200m SE continues to improve mineralization in the southeast High-Grade Zone with up to 24.8 me

Read More

Luna Gold Increases Proven and Probable Mineral Reserve to 2.36 Million Ounces at Its Piaba Gold Deposit in Brazil 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/09/13 — Luna Gold Corp. (TSX: LGC)(OTCQX: LGCUF)(LMA: LGC) ("Luna Gold" or the "Company") today announced the completion of a mineral Proven and Probable Reserve update at its Aurizona Gold Mine in Brazil.Highlights"Luna Gold is very pleased to announce this substantial increase in reserves at Piaba. The April 2013 Reserve, when combined with the current Phase I expansion, will lead to greater than anticipated gold pr

Read More

Red Eagle Mining Intercepts 4.45 Metres at 15.25 Grams Gold Per Tonne and 2.30 Metres at 35.72 Grams Gold Per Tonne at Santa Rosa 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/09/13 — Red Eagle Mining Corporation (TSX VENTURE: RD)(OTCQX: RDEMF) is pleased to announce additional assay results from the Phase Four drill programme at the San Ramon Deposit, Santa Rosa Gold Project, Antioquia, Colombia. Highlights from an additional 15 drill holes (SR-197 to SR-211) include intercepts:"Our delineation drilling continues to confirm continuity of strong high grade gold mineralisation within the extent of a potential op

Read More

Victory Ventures Finalizes Drill Contract for the Copau Property, Iskut District, BC 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/09/13 — Victory Ventures Inc. (TSX VENTURE: VVN)(FRANKFURT: VV0) (the "Company") is pleased to report that it has completed a drill contract for its planned diamond drilling program on the Copau Property, located in the Iskut District of northern British Columbia (the "Property"). A contract for the upcoming drill program has been signed with Blackhawk Drilling Ltd. of Smithers, BC. Victory Ventures is exploring for copper

Read More

New Pacific Acquires 80% Interest in Fortress Mining Inc. 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/08/13 — New Pacific Metals Corp. (TSX: NUX) ("New Pacific" or the "Company") is pleased to announce that the Company has paid US$3.5 million ("Initial Payment") for an 80% interest in Fortress Mining Inc., a subsidiary of Silvercorp Metals Corp., pursuant to the terms of an agreement dated December 14, 2012 (the "Agreement"). Please refer to the Company-s news releases dated December 21, 2012 and Februa

Read More

Allied Nevada Reports Preliminary First Quarter 2013 Operational Results 0

Conference Call With Management on Tuesday, April 9, 2013

Read More