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Tag "mining"

Understanding the Foundations of Successful Mining Crucial to Resource Investor 0

The Life Cycle of a Gold Mine article series delves into the crucial business decisions that companies must make at each phase of the mining cycle in order to develop a profitable mine.

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Astral Samples 12m at 2.1 g/t Au from Hand Trenching, 32.2 g/t Gold & 368 g/t Silver from Grab Samples, Prepares to Drill in Sinaloa, Mexico 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/09/11 — , or visit:Astral Mining Corporation (TSX VENTURE: AA)(TSX VENTURE: AA.WT)(PINK SHEETS: AAMJF)(FRANKFURT: A7DA) ("Astral" or "the Company") is pleased to provide a progress report on the ongoing exploration program on its Los Crestones property, Sinaloa State, Mexico. Los Crestones covers 4,168 hectares and is located within the Sierra Madre gold-silver belt of Western Mexico. Surface work reported below is part of o

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Focus Gold Corp Nears Closing of the Metallum Acquisition 0

RENO, NV — (Marketwire) — 08/08/11 — Focus Gold Corporation (OTCBB: FGLD) and Metallum Resources plc have agreed that for the purposes of setting the Exchange Ratio, a closing date of June 30, 2011 will be used. Based on the Exchange Ratio provided for and expressed in the definitive agreement signed on February 21, 2011, pricing of Focus Gold shares for this purpose was averaged over the 10 day trading period ending on June 23, 2011 which was approximately /share. The foreign exchange rate

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Siga Resources Announces Big Bear Joint Venture Funding and Initiation of Field Program 0

SOUTH LAKE TAHOE, CA — (Marketwire) — 08/04/11 — Siga Resources Inc. (OTCBB: SGAE) () President and CEO, Edwin Morrow, is pleased to announce that Bentley Fairview Resources Co. Ltd., of Ontario, Canada, the Joint Venture Partner for the Big Bear Mining Claims located in San Bernardino County, California, has advanced the initial payment for the initiation of a work program on the Big Bear Mining Claims.This is the initial payment of a $10,000,000 Joint Venture entered by the two companies

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Extorre Extends High Grade Gold-Silver Zones at Cerro Moro 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/20/11 — Extorre Gold Mines Limited (NYSE Amex: XG)(TSX: XG)(FRANKFURT: E1R)(OTCQX: EXGMF) – ("Extorre" or the "Company") is pleased to report that exploration drilling continues to extend gold-silver mineralization at its 100% owned Cerro Moro project in Santa Cruz Province, Argentina. Assay results reported in this news release are from drilling undertaken during the second quarter of 2011 on prospects other than the recent

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