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Strategic Energy Resources Starts Drilling Myall Creek Copper Project

Drilling has begun at the Myall Creek project owned by Strategic Energy Resources on 29 January 2011. The poor weather had been the cause of delay of the drilling for some months now. Three drill holes will be dug in the week long program and the results would be in by the end of the first quarter.

From Strategic Energy Resources Ltd 31 Jan 2011

Afghanistan Sitting on $3 Trillion Worth of Minerals

Wahidullah Shahrani, the Minister of Mines for Afghanistan, said that geologists have found mineral deposits worth $3 trillion in the country. These untapped mineral deposits have the potential to drive the economic growth of the nation and also solve its unemployment problem.

31 Jan 2011

African Queen Mines Receives Analytical Results from King Solomon Project in Mozambique

AFRICAN QUEEN MINES LTD. has announced that it has now received from Genalysis Laboratories of Johannesburg, S.A. analytical results from the remaining 16 drill holes from its initial reconnaissance core drilling program at The King Solomon Project, located within the central parts of the Mesoproterozoic Fingoe Belt in western Tete Province, Mozambique.

31 Jan 2011

Ivanhoe Australia Receives $30 Million Capital Approval for Kulthor, Osborne Development

Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA), announced today that $30 million of development capital has been approved for the Kulthor/Osborne development on the company's Cloncurry district tenements in Queensland.

31 Jan 2011

Peru Looks to Increase Mining Taxes

In Peru the presidential candidate Alejandro Toledo said that the mining companies need to give more of the revenue they generate to support the nation’s social programs.

30 Jan 2011

Horseshoe Metals Reports High Grade Intersections

Horseshoe Metals Limited has reported that in the phase 2 drilling at its Horseshoe Lights project it had intersected a high grade of copper ore.

30 Jan 2011

Norsemont Mining Reports Feasibility Study Results from Constancia Copper Project

Norsemont Mining Inc. (TSX: NOM, BVL: NOM) today announced the results of the Feasibility Study optimization on the Company's 100% owned Constancia Copper Project. Ausenco Solutions Canada Inc. led and prepared the FSO and related NI 43-101Technical Report.

From Norsemont Mining Inc. 29 Jan 2011

Crazy Horse Resources to Commence Pre-Feasibility Study on Taysan Project

Crazy Horse Resources Inc. (TSX VENTURE:CZH) announces that it has completed its brokered private placement announced January 10, 2011 and has issued 8,000,000 common shares, at a price of $1.25 per Share, for aggregate gross proceeds of $10,000,000.

29 Jan 2011

Dynacor Gold Mines Commences Phase I Drilling at Tumipampa Property in Peru

Dynacor Gold Mines Inc. (TSX:DNG) has announced that on Saturday the 15th of January, 2011 the Company commenced Phase 1 of its 2011 drilling campaign consisting of 16,700 meters of drilling of its 100% owned Tumipampa property located in southern Peru.

From Dynacor Gold Mines Inc. 29 Jan 2011