Mengold Resources update
Mengold Resources Inc. (TSX VENTURE:MNI) has initiated a planned 1000m diamond drilling program on the Goldcreek Property in the Shebandowan area, west of Thunder Bay, Ontario.
Archive for 2009
Hana Mining accepts private placement
Hana Mining Ltd. (TSX VENTURE:HMG)(FRANKFURT:4LH) has accepted a non-brokered private placement for proceeds of $4,000,000 from a US$1.6 billion UK investment management group specializing in Africa.
US copper value down
On Thursday, U.S. copper futures ended with sharp losses. Analysts believe that the shift in momentum could pull prices of the copper value back down toward $3.00 a lb.
Messina Minerals updates on Haven Steady property
Messina Minerals Inc. (TSX VENTURE:MMI) has received assays from drilling intersections of zinc-lead-copper-silver-gold enriched massive sulphide mineralization at the Haven Steady property in central Newfoundland, Canada.
High Desert Gold closes private placement
High Desert Gold Corporation (TSX VENTURE:HDG) reported that the company has closed the first tranche of a private placement financing for gross proceeds of $595,000 through the issuance of 3,718,750 common shares of the Company at a price of $0.16 per Common Share.
URSA Major Minerals Reports Financial
URSA Major Minerals Incorporated (TSX:UMJ) reported its financial and operating results for the nine months ended October 31, 2009.
Threegold Resources Exploration Update
Threegold Resources Inc. (TSX VENTURE:THG) provided an exploration update and financing news. It also announced that it has now completed its diamond drilling program on the Adanac gold project.
US copper update
On Monday, U.S. copper futures pushed higher after news of a financial bailout for debt-laden Dubai supported sentiment and added to last week’s positive.
Duncastle acquires southeast boundary of Porphyry Creek
Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3) reported today that it acquired through staking two high-grade silver, gold and copper prospects adjoining the southeast boundary of its existing 100% owned Porphyry Creek project 20 kilometres northwest of Smithers in northwest British Columbia.
Dorato Further details on Lucero Discovery
Dorato Resources Inc. (TSX VENTURE:DRI)(FRANKFURT:DO5) today reported the receipt of follow-up rock assay results received from Minera Afrodita relating to the high priority Lucero discovery, Condor Gold-Copper Belt, Peru (previous News Release NR09-03, NR09-13).
