PELANGIO EXPLORATION INTERSECTS 1.5 G/T OVER 61 METRES IN FIRST DRILL HOLE AT THE MANFO PROPERTY
TORONTO, Ontario - (MetalsNews.com, September 7, 2010) - Pelangio Exploration Inc. (PX:TSX-V) ("Pelangio" or the "Company") is pleased to announce drill results from the first four holes totaling 621.1 metres drilled by the Company at the newly optioned Manfo Property in Ghana. Highlights of the drill results from the Nfante West area reported today |
Niogold And Aurizon Commence Drilling On The Marban Block Property
Val-d’Or, Quebec - (MetalsNews.com, September 7, 2010) - NioGold Mining Corporation (TSX-V:NOX, Frankfurt:NG1) announced that drilling operations have commenced on the Marban Block property under the terms of the Aurizon Mines Ltd. (“Aurizon”) option agreement. A C$5.9 million program was approved for the first year of the option that includes 50,000 metres of diamond drilling. Two drill rigs were mobilised on the property on August 30 and a third drill rig will be added later in the program. |
TTM RESOURCES INC. ACQUIRES NEW CLAIMS ADJACENT TO CHU MOLYBDENUM PROPERTY
Vancouver, B.C. - (MetalsNews.com, August 31, 2010) – TTM Resources Inc. (the “Company”) announced that it has entered into Purchase Agreements with two vendors to acquire eight additional mineral claims adjacent to the Company’s Chu molybdenum property in northern British Columbia. The claims expand the area of the Chu property by approximately 1,970 hectares. |
NovaGold Appoints Gerry McConnell as Chairman of the Board
Vancouver, British Columbia - (MetalsNews.com, September 1, 2010) - NovaGold Resources Inc. (NYSE-AMEX: NG, TSX: NG) today announced that Gerry McConnell has been appointed Chairman of the company's Board of Directors. Rick Van Nieuwenhuyse continues as President and Chief Executive Officer of the company and will remain on the Board as a Director. |
LEVON CLOSES BOUGHT DEAL AND NON-BROKERED FINANCINGS FOR GROSS PROCEEDS OF $11,100,000
Vancouer, BC -(MetalsNews.com - August, 31, 2010) - Levon Resources Ltd. (“Levon” or the “Company") announced the closing of its bought deal private placement with Canaccord Genuity Corp. (the “Underwriter”) previously announced on August 17, 2010 of 13,334,000 Units (the “Units”) at a price of CDN$0.75 per Unit for aggregate gross proceeds of CDN$10,000,500 (the “Offering”). |
Scorpio 's San Rafael Massive Sulphide Deposit Update
Vancouver, BC - (MetalsNews.com, August 30, 2010) – Scorpio Mining Corporation (“Scorpio”, or the “Corporation”) (TSX: SPM), announced that Quantec Geoscience Ltd. has completed a 48-line kilometre Titan-24 DCIP survey centered over the San Rafael area of the Platte River Project in Sinaloa, Mexico. The survey was initiated in June of 2010 and covered a 3 x 3 kilometre area using 100-metre dipole spacing on 200-metre spaced lines. |
Forum Uranium & Rare Earth Exploration Update
Vancouver BC - (MetalsNews.com, August 26, 2010) - Forum Uranium Corp. (FDC : TSX-V) is announced an update from exploration programs on its projects in Nunavut and Saskatchewan. An extensive mapping and sampling campaign on uranium and rare earth targets followed by a large gravity survey has been completed on the North Thelon project in Nunavut. Forum's property surrounds Areva's Kiggavik mine development project (134 million lbs U3O8) currently in the feasibility and permitting stage. |
Nautilus Issues Options
Toronto Ontario, (MetalsNews.com, August 26, 2010) - Nautilus Minerals Inc. (TSX & AIM: NUS) (the "Company" or "Nautilus") announces that it has granted 900,000 options to non-executive directors as their full remuneration for 2010.
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Premier - Drilling Continues to Expand Near-Surface Gold Zones at Hardrock
Vancouver, BC. - (MetalsNews.com, August 25, 2010) - PREMIER GOLD MINES LIMITED (TSX:PG) is announced that ongoing drilling continues to delineate significant near-surface gold mineralization in multiple zones at the Hardrock Project in Northwestern Ontario. Current drilling is focused on expanding and defining near-surface, open pit style, mineralization in addition to defining multiple zones of higher grade mineralization that are expected to comprise resources amenable to underground mining methods. |
Kaminak Gold Drill Hole CFD-28 Intersects 15.9 g/t Au over 5m
Vancouver, B.C. - (MetalsNews.com, August 24, 2010) - Kaminak Gold Corporation (KAM:TSX-V) today announced assay results for drill hole CFD-28 from the Double Double Zone. This hole was drilled on the same section as CFD-27, which previously intersected 6.3 grams per tonne gold (g/t Au) over 35m (see Kaminak news release dated August 11th, 2010). Cross-section analysis aided by oriented core data suggests these two intercepts represent separate and parallel zones of mineralization that remain open in all directions. |