Copper Prices Settled at $8,400 a Tonne in LME
Reuters reported that copper prices settled at $8,400 a tonne in LME.
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Drilling Commenced at Geologix’s RO Property, Nevada
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.- Exploring Chile’s Copper-Gold Porphyry Systems
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 Announces Closing of Over-Allotment Option
Yellowhead Mining Inc. (CVE:YMI) reports closing of over-allotment option.
Pebble Creek Mining Ltd. – High-Grade, Low-Cost Mining in India
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.
Red Metal Resources Limited – Copper and Gold Exploration in Chile
Red Metal Resources Ltd. (OTCBB:RMES), is a gold and copper exploration company that focuses on acquiring, exploring and developing copper-gold properties in Chile. All of the Company’s two main projects, Farellon and Mateo, are situated in the prolific Candelaria iron oxide copper-gold belt in northern Chile.
URSA Major Minerals Updates Exploration Plans for its Ontario Nickel, Copper and PGM Projects
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: 10.1% Cu and 54 g/t Ag over 7.5 meters at Turgeon Copper Project
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.
Virgin Metals – Advanced Copper Projects in Mexico
Virgin Metals Inc. has recently completed a financing and will be moving forward with exploration on its two copper projects in Mexico.
Yellowhead Mining Inc. – Focused on Harper Creek Copper-Gold-Silver Advanced Exploration Project
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.
