Robert Friedland, Executive Chairman of Ivanhoe Mines Ltd., and Chen Jinghe, Chairman of Zijin Mining Group Co., Ltd., jointly announced today that Ivanhoe and Zijin have agreed to complete Zijin's investment in Ivanhoe's Kamoa Copper Project in the Democratic Republic of Congo on or before December 8, 2015.
Millrock Resources Inc. ("Millrock") announces that it has acquired five claim blocks in the recent "Libertades" in Sonora, Mexico.
Cordoba Minerals Corp. ("Cordoba" or the "Company") is pleased to announce the commencement of diamond drilling at the San Matias Copper-Gold Project (the "San Matias Project") in the Department of Cordoba, Colombia. The current diamond drilling campaign will focus on the recently acquired Alacran Property located within the San Matias Project.
BCM Resources Corporation ("BCM", the "Company") is pleased to report that Inland Explorations Ltd. has just finished staking 25 new lode mining claims at the Thompson Knolls, Utah copper-gold property which will be covered under the previously announced, Agreement with Inland Explorations for an option to acquire up to a 60% interest in Inland's Thompson Knolls property. The proposed transaction is subject to approval by the TSXV Exchange.
Cupric Canyon Capital ("Cupric") is pleased to announce that its wholly owned subsidiary, Khoemacau Copper Mining Pty. Limited ("KCM"), has completed the current phase of drilling on its Zone 5 deposit and has updated feasibility work for its assets in Botswana.
Trecora Resources, today announced formal approval of new licenses for the Al Masane Al Kobra Mining Company (AMAK) zinc and copper mine in Saudi Arabia. The Company is the original developer and a 35% owner of AMAK, a Saudi Arabian joint stock company.
Superior Copper Corporation ("Superior Copper" or "the Company") has initiated an exploration program at it 100% held Superior Project, located adjacent to TransCanada Highway 85 kilometers north of Sault Ste. Marie, Ontario. The program is designed to test a new structural/alteration model developed over the last 6 months after a thorough review of available exploration data and reconnaissance mapping carried out during the summer months.
Avrupa Minerals Ltd. is pleased to report on progress at its Alvito Project in southern Portugal. In June 2015, the Company announced an earn-in joint venture with Lowell Copper on the Alvito Project (see AVU news release of June 22, 2015). However, Lowell has now decided to terminate its option on Alvito to focus work on its Warintza project in Ecuador. During the short period of the joint venture, Lowell funded approximately 137,000 euros of exploration work on the project.
Noront Resources Ltd. today announced that it has started an exploration program close to its Eagle's Nest Mine in the Ring of Fire. Following a thorough review of its exploration data, the company is initiating this program to test high priority targets within three kilometres of Eagle's Nest.
Avrupa Minerals Ltd. is pleased to announce that drilling at the Alvalade Joint Venture has re-started. The joint venture is presently operated by Avrupa Minerals and funded by new partner Colt Resources (see AVU news release of September 3, 2015).
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