Red Metal Resources Ltd. (OTCBB:RMES) reports that it has concluded a combined reverse circulation and diamond drilling program on its Farellon project and began a geological mapping program on its Mateo property in III Region Chile.
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.
CMC Metals Ltd. (CVE:CMB) reports it has submitted for review and acceptance the final Bishop Mill Facility Plan of Operations to the Bureau of Land Management.
Supreme Resources (CVE:SPR) reports a work update on the Phase 2 exploration program on its Ample Gold Max property.
The second quarter is China’s peak demand period- it is usually during this time that the world’s top copper consumer stocks up on supplies from the copper market. However, a premium of London vs. Shanghai copper prices has some analysts wondering if China will wait before coming to market.
Nortec Minerals Corp. (CVE:NVT) reports that it has confirmed the presence of gold mineralization in the northern part of the Company's Tammela project, Finland.
Tiger Mining Corp. (CVE:WTC) reports that it has completed its non-brokered private placement.
Canyon Copper Corp. (OTCBB:CNYC) reports that it approved a private placement offering at a price of CDN $0.35 per unit for gross proceeds of up to CDN $3.15 million
Copper rose to a record on Tuesday after a gain in China’s imports of the metal increased the demand outlook, amid supply disruptions in top-producer Chile.
Franconia Minerals Corporation (TSE:FRA) reports that it has received a single advance loan of Cdn$1 million from a private lender for working capital and other general corporate purposes.
Monday, August 29, 2011