Advanced Explorations Provides Update on its Western Exploration Program
Advanced Explorations Inc. (CVE:AXI) announced analyses from its recently acquired nickel and copper property located on the Melville Peninsula, Nunavut, Canada.
Advanced Explorations Inc. (CVE:AXI) announced analyses from its recently acquired nickel and copper property located on the Melville Peninsula, Nunavut, Canada.
Mineweb.com reports that analysts say that a number of Canadian junior copper miners have the potential to become attractive acquisition targets as big producers shop for assets that will help boost production immediately.
Reuters reports that a record run for copper prices has the world's most prolific copper producers shopping for smaller miners.
VMS Ventures Inc. (CVE:VMS) announced that HudBay Minerals Inc. (TSE: HBM;NYSE:HBM) has acquired 6,667,000 common shares of VMS Ventures Inc.
Stratabound Minerals Corp. (CVE:SB) announced results of its initial exploration program on 50 claims extending north from its Captain/CNE claim groups and CNE Mining Lease near Bathurst, New Brunswick.
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.
Logan Copper Inc. (CVE:LC) completes the 2010 stepped-up geological mapping, ground geophysical evaluation and diamond drilling on its Dansey, Midway and Lost Mine (Bertha Molly) showings.
Happy Creek Minerals Ltd. (CVE:HPY) reports final results from drill hole R10-18 and results from recent surface exploration conducted on its Rateria property, Highland Valley, B.C.
Mitsubishi Materials Corp. declared that it will join Copper Mountain Mining Corp. of Canada in redeveloping a Similco copper mine in western Canada. For full story, click here
OZ Minerals declared that it has rejected a $1.2 billion recapitalization plan prepared by RFC Group, Royal Bank of Canada and other institutions and aims to sell assets to China Minmetals Group. For full story, click here
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