Nova Mining Corp. announced today that the Company has moved to secure valuable Lithium supplies by executing a Letter of Intent with Mongolian National Mining Consultants Limited (MNMC) for the exclusive right to purchase 100% of the Lithium produced from MNMC mining properties at a discount to market price. As part of the deal, Nova Mining will have the right to perform Due Diligence, prior to both parties negotiating a Definitive Mineral Production Agreement.
Even as emerging mining company GTSO Resources, a wholly owned subsidiary of Green Technology Solutions, works to develop new tungsten mining projects as far away as Africa, the company is also exploring a new way to extract rare and valuable minerals much closer to home through a process known as "urban mining."
Amarc Resources Ltd. announces assay results from a further 20 delineation drill holes completed at the Newton gold discovery, south-central British Columbia. The new results from the Newton bulk tonnage gold system bring the total number of holes with important gold intercepts to 67. Delineation drilling of the Newton gold discovery commenced in late September 2011 and has progressed rapidly, with the completion of approximately 16,000 metres in 45 diamond drill holes (holes 11044 to 12088). Total drilling of the Newton deposit is now approximately 23,300 metres in 72 holes.
MAX Resource Corp. has completed eight holes (872 meters) of the Phase III core drilling program at its Majuba Hill silver/copper/gold project in Nevada. Of these eight holes, the first hole (MM-21) was drilled to a depth of 351 m and tested the southeast extension of near-surface high-grade supergene oxide mineralization identified by Max at the historic Majuba Hill mine during 2011. The remaining seven holes followed up on the discovery hole (MM-18) at the DeSoto zone 1.4 km to the northwest, where MAX intercepted 29.2 m of 98.3 g/t Ag silver equivalent ("AgEq").
Liberty Gold Corp. is pleased to announce it has acquired a 60% interest* in the ~2,218-acre McCord Creek Property gold project in central Alaska's Tolovana Mining District. Liberty Gold will be the project's operator.
Urastar is currently carrying out an extensive RC drilling program on the El Antimonio property and so far 27 holes have been completed. Significant intersections previously released included 29 metres grading 0.79 grams per tonne gold in hole EA-12-17. Recently received significant intercepts include the following:
Equatorial Guinea's economy sponsored by the Greater Houston Partnership, an organization that promotes economic prosperity in the 10-county Houston region. They were joined by U.S. Representatives Al Green and Sheila Jackson-Lee.
The Canadian Association of Petroleum Producers responded today to comments about natural gas hydraulic fracturing attributed to federal opposition leader Thomas Mulcair.
Western Pacific Resources Corp. is pleased to report that the Idaho Forest Service has granted the Plan of Operation permit (drilling permit) for its Mineral Gulch project.
Gran Colombia Gold Corp. is pleased to announce drill results from an initial 12 drill holes from its exploration and in-fill drilling program at the Company's El Zancudo Project in Colombia.
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