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Gold Reach Resources Ltd. Undertakes Airborne Geophysical Survey on its Auro
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Star Uranium reports results of year end drilling program - 35 Minutes Star Uranium Corp. - Star Uranium Corp. announced today the results of its two well drilling program. |
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Rare Element Reports Additional 2009 Rare-Earths Drilling Results - 1 Hour Assay results from ten drill holes, all with rare-earth mineralization, - Drill-hole RES 09-17 - 171 ft aggregate true thickness @ 5.57% REO, - Including 36.5 ft @ 10.88% REO, - Drill-hole RES 09-18 - 69.8 ft aggregate true thickness @ 5.97% REO, - Including 27.3 ft @... |
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DOT Intersects Higher Grade Copper-Gold Mineralization - 1 Hour DOT Resources Ltd. is pleased to announce the results of 7 of 15 diamond drill holes from its recently completed diamond drilling program on its 100% owned Dot porphyry copper property located 17 kilometres south of the Highland Valley Mining District, in central British... |
Coalcorp Announces Update on the Settlement Agreement - 1 Hour Coalcorp Mining Inc. announced today that the parties to the Settlement Agreement have delivered such releases, consents and agreements, and Xira Investment Inc. has made the initial $7 million payment to Coalcorp, each as required under the Settlement... |
Compass Minerals Continues Streak of Full-Year Earnings Improvement - 2 Hours OVERLAND PARK, Kan.--(BUSINESS WIRE)--Compass Minerals (NYSE: CMP) reports the following results of its fourth-quarter and full-year 2009 operations: Net earnings for the three months ended December 31, 2009, were $62.5 million, or $1.88 per diluted share, compared to $80.1... |
Regal Resources Inc.: News Release - 2 Hours Regal Resources Inc. - Regal Resources Inc. is pleased to announce it has entered into an option agreement to earn a 100% interest in the Patagonia copper project in Santa Cruz county Arizona. |
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Sparton Identifies Rare Earth's at New Brunswick Whiskey Project
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TORONTO, ONTARIO--(Marketwire - Sept. 17, 2009) - Sparton Resources Inc. (TSX VENTURE:SRI) (the "Company") is pleased to announce that it has reviewed its existing database of geochemical data from the Whiskey Project area north of Moncton, New Brunswick and has identified several occurrences of encouraging rare earth and phosphate mineralization in both surface and drill hole samples.
Historical information from work done by BP Oil in 1972 reported typical yttrium analyses of 0.10%Y from thirteen boulder samples of float material collected during follow up of a regional geochemical survey. (Assessment File 470211 from NB Department of Mines and Energy records).
Eight surface samples collected by Sparton in 2008 returned values varying from 0.01to 0.05% yttrium and 0.60% to over 1.0% phosphorus. These samples also returned elevated values (up to 63 parts per million) in lanthanum, another rare earth element.
Results from widely spaced soil sample profiles with a sample spacing of 25 metres over the mineralized areas returned values of up to 0.013% yttrium in adjacent samples with an average of approximately 40 parts per million Y from 110 samples with anomalous values containing over 15ppm Y (three times local background content in the soils). Drill core samples from four drill holes which tested two separate areas 1.30 km apart also returned yttrium values of up to 0.02% over 1 metre intersections.
DISCUSSION
These data are extremely encouraging and a complete review will be undertaken of all Whiskey geochemical results in order to establish what additional work will be necessary to evaluate this new opportunity.
MAJOR PROGRAM UPDATES
Sparton's main focus continues to be completion of acquisition of the controlling interest in the profitable Huajun germanium - coal operations in China and development of new secondary uranium recovery opportunities in this area.
Initial work programs for the uranium-coal and gold exploration projects in Saskatchewan and Ontario will also begin shortly.
As well, updates on the initial planning program for the Company's Chebucto natural gas asset in offshore Nova Scotia will be reported when available.
Sparton's exploration and development programs are conducted under the supervision and direction of A. Lee Barker, P. Eng., P. Geol., a Qualified Person under National Instrument 43-101.
Listed: TSX Venture Exchange
Trading Symbol: SRI
This press release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "planned", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may" , "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, closing of transactions, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to exploration and development, the environment, local and foreign government regulation, currency fluctuation infrastructure, capital markets and additional funding requirements and the departure of key executives as well as those factors discussed in the Company's documents filed on SEDAR (www.sedar.com).
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws. Further information on Sparton Resources Inc. is available at www.sedar.com.
This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
| MetalsNews News |
Adriana Announces Second Flow-Through Private Placement Closing and 2010 Program Toronto, Ontario - (MetalsNews, February 8, 2010) - Adriana Resources Inc. ("Adriana" or the "Company") - (TSX-V:ADI) has closed the second tranche of a non-brokered structured private placement by issuing 4,270,000 flow-through common shares at $0.89 per share (the "Second Closing") for gross proceeds of $3.8 |
Pacific Bay Minerals Reports Strong Rare Earth Element Assays Vancouver, BC - (MetalsNews, February 8, 2010) - Mr. David Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX Venture: PBM, the "Company") states that soil and rock samples strongly anomalous in Rare Earth Elements (“REEs”) from the Company’s 100% owned Cueva del Chacho Property in La Rioja province, Argentina, with values up to 832 ppm Cerium and 338 ppm Lanthanum. A follow up program of sampling and mapping is planned for March 2010. |
CAPITAL GOLD CORPORATION PRODUCTION RESULTS NEW YORK, NY - (MetalsNews, February 8, 2010) – Capital Gold Corporation (NYSE Amex: CGC; TSX: CGC;)
John Brownlie, Capital Gold's President and CEO, said that gold production continues to increase at El Chanate. Brownlee reports "The installation of an additional crushing plant earlier this year has increased crushed ore production to the leach pads that, in turn, has resulted in a considerable increase in gold production for January,"
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Brett Resources: Sawbill North Road Opens Vancouver, BC - (MetalsNews, February 8, 2010) - Brett Resources Inc. (TSX Venture Exchange -- BBR) (the "Company" or "Brett") reports that the Sawbill North road was officially opened on February 2, 2010. Approximately 26 kilometres in length, this road provides a shorter link between Brett's mineral properties in the Hammond Reef Area and the community of Atikokan. The road will also provide access for other resource related activities in the area. |
SLAM INTERCEPTS MORE SILVER Miramichi, New Brunswick - (MetalsNews, February 8, 2010) - SLAM Exploration Ltd. (TSX-V:SXL) (“SLAM”) 7 additional diamond drill holes results on its Silverjack deposit in northern New Brunswick. These follow intercepts up 592 g/t silver (17.27 oz/ton) in the first 6 holes reported by press release January 11 and February 2. Five of the 7 additional holes intersected silver-copperlead-
zinc sulphide mineralization. |
TYHEE HAS STARTED DIAMOND DRILLING ON THE YELLOWKNIFE GOLD PROJECT, NWT CANADA VANCOUVER, British Columbia - (MetalsNews, February 4, 2010) - Tyhee Development Corp. (TSX Venture,TDC) has installed the winter road from Yellowknife to its Discovery Camp and is accessible for light trucks. This has enabled the Company to start drilling on the Clan Lake Main Zone |
Consolidated Thompson Iron Mines Signs Rail Transportation MONTREAL, QUEBEC - (MetalsNews, February 3, 2010) - Consolidated Thompson Iron Mines Ltd. (TSX:CLM) ("CLM" or the "Company", or "Consolidated Thompson") has entered into a renewable 10-year rail transportation agreement with Arnaud Railway Company ("ARC"), a subsidiary of Wabush Mines, for the transportation of iron ore concentrate generated from the Bloom Lake iron ore project (the "Bloom Lake Project").
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Largo Resources Mandates Banco Itau BBA S.A. as its Financial Advisor for the Development of the Maracas Vanadium Project, Bahia, Brazil TORONTO, Ontario - (Marketwire, Feburary 1, 2010)) - Largo Resources Ltd. (TSX VENTURE:LGO) ("Largo or the "Company") is pleased to announce that it has engaged Banco Itau BBA S.A. ("Itau BBA"), a subsidiary of Itau Unibanco Group and one of Brazil's leading investment banks, to act as its financial advisor to obtain financing for the development of its Maracas Vanadium Project in Bahia State, Brazil. |
Galway Obtains Gold Concession in Surata, Columbia Toronto, Ontario - (MetalsNews, February 1, 2010) - Galway Resources Ltd. (GWY: TSX-V) i received a 100% interest in the Surata Gold Project in Colombia. Galway's Surata Gold Project is comprised of approximately 810 hectares granted by the Colombian Mining Institute (INGEOMINAS), and an application has been submitted for an additional 750 hectares. Granting of the additional claimed areas will be subject to the application process filed with INGEOMINAS. |
Does Uranium North Have Gold Potential on KAM Property? Vancouver, BC. - (MetalsNews, Feb 1 2010) - Uranium North Resources Corp (UNR -- TSX-V) recovers gold grains from glacial till on its 100% owned KAM property in Nunavut. An anomalously high concentration of gold grains have been recovered from till collected over an underexplored volcanic rock unit.
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Orvana Minerals Corp - Gold and Copper Producer: Smart People Doing the Right Things… and It Shows by Allen Alper Jr. and Aaron Hoos
There are lots of mining companies out there and investors can sometimes become so overwhelmed with quantity that it's hard to find quality. Orvana, though, is a clear winner among the crowd – they are a smart mining company doing the right things and it shows in their track record of success and growth. Click here to continue... |
Get Gold and Silver Insight at the Phoenix Investment Conference by Alper Jr. and Aaron Hoos

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Why Tantalus Rare Earths? ... Wolfgang Hampel is Interviewed by Allen Alper Jr. and Aaron Hoos
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Alexis Minerals - Merger and Increased Profitability by Dr. Allen Alper
 Alexis Minerals just finished a very exciting third quarter. In a press release, earnings were reported for the Ontario exploration and mining company: Alexis earned revenue in excess of CAD $6.5 million; 7883 ounces of gold were mined during these three months, the Lac Herbin deposit in Val d’Or is on track to yield up to 36,000 ounces of gold in 2009. These are just a few of the highlights of a stellar year, and things are only looking up. Click here to continue... |
Aurcana: Mining Silver and Expanding by Dr. Allen M. Alper and Aaron Hoos
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A Torrent of Insight is Available at the Vancouver Resource Investment Conference – Allen Alper Jr. Interviews Howard Fitch by Allen Alper Jr.
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Rare Element Resources: In the Right Place at the Right Time by Allen Alper Jr. and Aaron Hoos
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Zimtu Capital Corporation: Successful in Acquiring, Investing in and Developing Rare Metal Properties & Exploration Companies in Canada by Dr. Allen Alper
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Ralph Shearing and the Soho Resources Corp: Developing Gold, Silver, Copper, Lead and Zinc Properties in Durango Mexico by Dr. Allen Alper
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Capital Gold Corp: Junior is Growing Up by Dr. Allen Alper and Aaron Hoos
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