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 [...]
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.
Constantine Metal Resources (CVE:CEM) reports results for the first three drill holes for the 2010 drill program. The Project, which hosts a 4.12 million tonne inferred resource grading 2.01% copper, 4.79% zinc, 0.30 g/t gold and 31 g/t silver (using an NSR cut-off of US$75/t), is located in a very accessible part of southeast Alaska with good [...]
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 [...]
Tarsis Resources Ltd. (CVE:TCC) reports that it has made a new grassroots copper, gold and silver discovery in Yukon. Rock specimens were collected with visible sulphide mineralization and alteration and assays confirmed the presence of strongly anomalous copper, gold and silver values, including one select prospecting sample containing 4.41 g/t gold, 0.47% copper and 391 g/t [...]
Copper enjoyed a welcome relief rally last week; but on Tuesday, the recovery was snapped as negative consumer sentiment sent equities across the US and Europe downward.
Copper commenced Tuesday in positive territory, extending Monday’s winning streak on the back of the longest run of inventory declines in over a year. Copper is ignoring overall market sentiment as lower than anticipated earnings reports from both Goldman Sachs and IBM wreaked havoc on the American and European stock markets.
Wednesday, September 1, 2010