Atlanta Gold Inc. (ATG) announces the commencement of diamond drilling at its Atlanta Gold property (”Atlanta”) in Elmore County, Idaho. The Company has planned at least 3 drilling programs and expects to drill throughout the remainder of 2007.
Phase I of the 2007 drilling program will include 39 holes of N-sized core (1 7/8 inches in […]
Gold is returning to the North as Miramar Mining (TSX:MAE) readies a site along Canada’s Arctic coast for the first new gold mine development in a generation.
“It’s a great opportunity to see it coming back,” said Larry Connell, Miramar’s environmental manager.
Crews are now quarrying rock near the Vancouver-based company’s Doris North deposit in Nunavut and […]
Silver Spruce Resources Inc. is pleased to announce that it is drilling a minimum 700 metre program on the Mother Lode gold property, located on the Burin Peninsula in southeastern Newfoundland. The drilling began on May 10th and should be completed by the end of the month. The property was optioned by Silver Spruce […]
Dumont Nickel Inc. is pleased to announce that drilling has commenced at its Rattler Project, Utah, to test the Carlin style disseminated sediment hosted gold target (see also press January 29, 2007).
This target comprises a series of surface gold anomalies in calcareous siltstone. The current drill program is the first such program to test […]
Diamond Offshore Drilling, Inc. announced that it will issue a press release and host a conference call and web cast related to its first-quarter 2007 operating results on Thursday, April 26, 2007. The conference call and web cast will include a discussion by management regarding the Company’s results of operation, as well as an operating […]
Goldrea Resources Corp. is pleased to announce diamond drilling programs amounting up to $1,000,000 dollars CDN have been compiled and designed to test the Crowrea property and the Empress molybdenum acquisition. Both properties are 50/50 joint venture with Molycor Gold Corp. and are located 15 kilometers south of the past copper/moly producer Brenda Mines, near […]
Hemisphere Gold Inc., a gold exploration, property acquisition and mining development company, reported today that its surveys of its concession continue on multiple fronts and that initial results should be ready in the very near future.
The surveys and testing are concentrating in specific areas that have been identified through satellite imagery and geologic trends. There […]
Houston - Accounting, tax and business advisory firm Grant Thornton LLP announced recently that, according to its 2007 Survey of Upstream U.S. Energy Companies, the top concern among energy executives is the uncertainty of natural gas and oil prices in the near future.
More than 80 companies (40 percent public and 60 percent private) responded to […]
A U.S. mining company is now opening new gold mining in Mimika regency, Papua Province, an official said, Wednesday.
Head of Mimika Mining and Energy Agency Oktovianus Kambu said that the exploration of the new mining has reached the fourth or the final stage before the exploration could be carried out.
“In the future, Mimika regency will […]
Gold surged to a nine-month high in New York after the U.S. said inflation accelerated more than forecast in January and commodity prices jumped.
The consumer-price index increased 0.2 percent last month, more than the 0.1 percent economists estimated, boosting the appeal of gold as a hedge. Crude oil jumped above $60 a barrel and corn […]