British Columbia’s currently operating mines are benefiting from increased demand and profitability, with copper and gold prices rising considerably on world markets.The climb in commodities prices have resulted in a dramatic increase in mineral exploration spending in B.C.
Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd. (CVE:CRB) report that they have entered into a LOI to combine their respective interests in the Woodjam North and South copper-gold-molybdenum mineral properties, Williams Lake, British Columbia, Canada.
With copper supplies already in a deficit, and the near-term supplies are dwindling due to a reliance on aging mines, and rising copper prices, there is extra incentive to search for new copper reserves.
Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd. (CVE:CRB) report drill results from three new holes (1,214.6 m) of the 2011 infill and expansion diamond drilling program.
Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd. (CVE:CRB) report Woodjam JV and Gold Fields Limited's (NYSE:GFI) have signed an option agreement for Magalloy-Magex property.
Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd. (CVE:CRB) report receiving drill results from an additional 4 holes of the 2011 drilling program on the Deerhorn Zone of the Woodjam North gold-copper property.
Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd. (CVE:CRB) report Woodjam JV drill results from the Deerhorn Zone of the Woodjam North gold-copper property, B.C., Canada.
Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd. (CVE:CRB) report that Gold Fields Limited (NYSE:GFI) has outlined a $6 million exploration program.
Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd. (CVE:CRB) report on additional drilling results from the final three drill holes of the 2010 drilling program on the Woodjam North gold-copper property.
Fjordland Exploration Inc. (CVE:FEX) reports an update on exploration activities on its Tak-Milligan copper-gold-molybdenum project in central British Columbia, Canada.
Thursday, June 30, 2011