Geologix Explorations Inc.(TSX:GIX, FWB:GF6) announced that Montezuma Mines Inc. commenced drilling on Geologix’s South Sleeper Project. Montezuma are operating under an Exploration and Option to Enter Joint Venture Agreement. Montezuma may earn 55% interest in the property by funding $3,000,000 over a 5 year period under the terms of the agreement.
Polar Star Mining Corp. (TSX:PSR) is a mining company focused on acquiring, exploring, and developing assets in Chile. Polar Star has three properties in Chile: Montezuma, Los Azules, and Chépica.
Yellowhead Mining Inc. (CVE:YMI) reports closing of over-allotment option.
Pebble Creek Mining Ltd. (CVE:PEB) is a resource exploration and development company with two projects in India. The Company’s most developed project is the Askot Project in North India with an NI 43-101 indicated mineral resource. The project is a copper, lead, zinc, silver and gold mine that has undergone extensive drilling. Pebble Creek’s other property is the Gadarwara Project in Central India, and is still at a very preliminary stage of exploration.
URSA Major Minerals Incorporated (TSE:UMJ) is pleased to provide an update on exploration plans for the Company’s nickel, copper and PGM projects in 2011 and provide results from the fourth quarter mining operations.
Puma Exploration (CVE:PUM) intersected high grade copper mineralization in hole FT10-02 grading 10.1% Cu and 54 g/t Ag over 7.5 meters at Turgeon Copper Project, New Brunswick.
Yellowhead Mining Inc. (CVE:YMI) is an exploration company focused on developing the Harper Creek copper-gold-silver advanced exploration project in south-central British Columbia, of which it currently holds 100% interest. In September 2010, the Company commenced a NI 43-101-compliant preliminary economic assessment, expected to be completed in the first quarter 2011.
Uranium North Resources Corp. (CVE:UNR) announces high grade gold, copper and silver on its 100% owned F13 Property in Nunavut.
CMC Metals Ltd. (CVE:CMB) is an exploration stage company that engages in the acquisition, exploration, and development of mineral properties in Canada, with a focus on small to mid-size mine development. The company holds a 100% interest in the Silver Hart property of south central Yukon, Canada.
Source Exploration Corp. (CVE:SOP) reports that the company has been increased by up to an additional 2,000,000 units of the Corporation to the non-brokered private placement financing announced on October 13, 2010.
Monday, December 12, 2011