Supreme Resources(CVE:SPR) reports a non-brokered private placement financing to raise gross proceeds of up to $400,000. Proceeds of the Private Placement will be spent on the Company’s TAS and Verde Projects located in the Copper Mountain Mining Camp near Princeton, British Columbia and the Ample-Goldmax Property located near Lillooet, British Columbia and for general working capital. [...]
Tarsis Resources Ltd. (CVE:TCC) reports assay results from its completed diamond drilling program at MOR property, southern Yukon. Two holes totaling 443.83 meters were drilled by Top Rank Diamond Drilling under the supervision of Archer Cathro & Associates (1981) Limited. Drilling intercepted massive, semi-massive and heavily disseminated sulphides. For complete news release, click here. For Tarsis company profile, click [...]
Fears that the economic recovery is about to stall caused bell weather copper to fall its most in five weeks.
Opawica Explorations (TSE:OPW) reports its completion and its filing on SEDAR, a Preliminary Scoping Study, regarding its Atikwa Lake gold and copper project located near Kenora, Ontario. The preliminary economic analysis from the Study indicates positive preliminary economic considerations for an initial 1000 tpd operation consisting of Capital Costs of $9,850,000, sustaining capital of $6,000,000, overall pre-tax cash flow [...]
Supreme Resources (CVE:SPR) reports that the diamond drilling is slated to begin on its Copper Mountain properties. The diamond drilling will be testing previously identified geochemical and geophysical targets on both the Verde and TAS projects. For complete news release, click here. For Supreme Resources’ company profile, click here.
North American Gem Inc. (CVE:NAG) reports that it is considering offers on its Louise Lake copper deposit , British Columbia, Canada. The road-accessible property is near a full-service community with excellent access to highway, rail and electrical infrastructure. For complete news, click here. For North American Gem’s company profile, click here.
Copper climbed to a one-week high as a declining greenback spurred international demand for the metal.
RGJ.com reports Nevada Copper (TSE:NCU) will be giving an update on its Pumpkin Hollow project. The Nevada Copper website further says, “Pumpkin Hollow is an advanced development stage copper property, which contains Measured and Indicated Resources totaling 5.6 billion pounds of copper, plus additional Inferred Resources of 3.7 Billion pounds of Copper (all using a 0.2% [...]
Zimtu Capital Corp. (CVE:ZC) reports acquisition of the Day copper-gold porphyry property, British Columbia. The project is located in the Toodoggone region, an area which has seen a significant increase in mineral exploration for copper, gold, and silver deposits in recent years. For complete news release, click here. For Zimtu Capital’s company profile, click here.
Tarsis Resources (CVE:TCC) reports an update on mineral exploration being carried out on its Prospector Mountain project, Yukon. Silver Quest today reported that it had received assays from 84 select prospecting samples collected from the Bonanza Zone at Prospector Mountain, along with 221 soil samples from the same area. Silver Quest’s sampling program returned two select rock [...]
Wednesday, September 1, 2010