Mining Business News

RSS

Labrador Iron Mines Reports New Resource Estimate for Denault Deposit

Labrador Iron Mines Holdings Limited (TSX:LIM) has reported a new resource estimate for its Denault deposit, located in Quebec, about 6 km northwest of the town of Schefferville.

From Labrador Iron Mines Limited 5 Mar 2011

Quad Energy Receives PUD Reserves Estimate for Cave Pool Property

Quad Energy Corp. (Pink Sheets: CDID) has announced it has received information on an estimate of the PUD reserves on the Cave Pool Unit.

5 Mar 2011

Argus Metals Announces New Transient Geophysical Model for Sulphide Feeder Zone

Argus Metals Corp. (TSX VENTURE:AML) releases a new Transient electromagnetic survey ("TEM") geophysical model of the "Sulphide Feeder Zone" on the Hyland Gold Project, Selwyn Basin, Yukon Territory.

5 Mar 2011

San Gold Reports Preliminary Bulk Sampling Results from 007 Zone

George Pirie, CEO of San Gold Corporation (TSX:SGR) (OTCQX: SGRCF), has reported on preliminary mine development and bulk sampling within the 007 and 007 East Zones from 250 meters (820 ft) below surface.

5 Mar 2011

Southern Arc Minerals Updates on Activities at Nickel Oil + Gas

Southern Arc Minerals Inc. (TSX VENTURE:SA) has provided an update to its shareholders on the activities of Nickel Oil & Gas Corp., a private company, owned as to 37.59% by Southern Arc.

From Southern Arc Minerals Inc. 5 Mar 2011

Strait Gold Initiates Permitting Process for Drilling at Alicia Copper-Gold Project in Peru

Strait Gold Corporation (TSX VENTURE:SRD) has reported that it has initiated the permitting process for an expanded 2011 drilling program at its Alicia copper-gold project in Peru.

5 Mar 2011

NuLegacy Gold Uses Net Financing to Discover Significant Gold Deposits

NuLegacy Gold Corporation (TSX VENTURE:NUG) announces that it has increased the size of the non-brokered private placement announced on February 22, 2011.

5 Mar 2011

Tirex Resources Proceeds to Continue Exploration at Mirdita VMS Project

Tirex Resources Ltd. (TSX VENTURE:TXX) has closed its previously announced $5,000,000 non-brokered private placement via the issuance of 10 million common shares at a price of $0.50 per share.

5 Mar 2011

Thundermin Resources to Use Net Proceedings for its Exploration Projects in Canada

Thundermin Resources Inc. (TSX:THR) announces that it has completed a non-brokered private placement financing for $1,007,310 through the issuance of 3,847,270 flow-through units at a price of $0.26 per Unit to accredited investors.

5 Mar 2011

U.S. Silver Reports 2010 Successful Exploration Results from Galena Mine

U.S. Silver Corporation (TSXV: USA, US OTCQX: USSIF, Frankfurt: QE2) has announced the successful results of its 2010 exploration program and provide updates and clarifications to some key matters of interest to investors.

5 Mar 2011