Over the past 20 years, geologists have been researching the application of indicator minerals as a mineral exploration tool. Indicator minerals are minerals whose presence provides clues into the possible location of a deposit if a mineral species of interest, such as copper, gold, or diamonds.
SedEx deposits are a major source of minerals including copper, silver, gold and tungsten- and the single most important source of lead and zinc.
Iron oxide copper gold ore deposits are important and highly valuable concentrations of copper, gold and uranium. With an tendancy for being tremendous in size, relatively simple metallurgy and relatively high grade IOCG deposits can produce extremely profitable mines.
Red Metal Resources Ltd. (OTCBB:RMES) reports that it has staked a new exploration claim at its Farellon copper-gold project, Cordillera, Chile.
Serengeti Resources Inc. (CVE:SIR) reports a resource update for Kwanika property in British Columbia.
Globex Mining Enterprises Inc. (TSE:GMX) acquires the different properties in the Chibougamau mining district in Quebec. The press release is quoted as saying: Globex has now gathered a land package in the heart of the Chibougamau mining district consisting of five (5) former producers with significant exploration potential, two unmined deposits – one of gold, [...]
Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd., (ETR:6CR) report that "Gold Fields" latest drilling results continue to expand the copper-gold-molybdenum zone at the Woodjam South property.
Northland Resources S.A. (TSE:NAU) files an Exploitation (Mining) Concession application to the Finnish Ministry of Employment and the Economy for the Hannukainen iron Oxide-Copper-Gold project.
Orestone Mining Corp. (CVE:ORS) announces complete copper and gold assays from diamond drill hole 09-05 on its 41,000 hectare, 100% owned Captain Property in the Quesnel Terrane of central British Columbia.
New World Resource Corp. (CVE:NW) commences an Induced Polarization geophysical survey over the Lipeña project and over a portion of the surrounding Bonete concession.
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