Franconia Minerals Corporation (TSE:FRA) reports the appointment of a Special Committee to review company’s alternative objectives. The Company will consider asset sales, joint ventures, new capital investments, as well as third-party approaches for strategic transactions or other proposals. For complete news release, click here. For Franconia Minerals’ company profile, click here.
Franconia Minerals Corporation (TSE:FRA) reports results from the 2010 drilling program completion at the Birch Lake deposit, Minnesota. All drill holes are located on the margin of the Birch Lake deposit and were stepped out approximately 500 feet from previous holes. Brian Gavin, President and CEO of Franconia Minerals says: “We are very pleased with the results from [...]
Franconia Minerals reports its results from holes BL10-05 and BL 10-06 at the Birch Lake deposit in northern Minnesota. Both drill holes are located on the eastern margin of the Birch Lake deposit and were stepped out approximately 500 feet from previous holes. The mineralized zone remains open in that direction. Franconia Minerals’ President and CEO, Brian [...]
Franconia Minerals reports results from 2010 drilling program at the Birch Lake deposit, Minnesota. This latest drilling is designed to follow on from the resource estimate completed in 2009 at Birch Lake. In that study Scott Wilson Roscoe Postle Associates (Scott Wilson RPA) estimates an Indicated Resource* of 131.2 million tonnes, plus an Inferred Resources of 37.5 [...]
Franconia Minerals Corporation has completed its barge drilling program at the Birch Lake site near Minnesota. Hole BL08-1W1 intercepted 235.4 feet of 0.52% Cu, 0.18% Ni and 0.34 g/t Total Precious Metals (TPM equals palladium (Pd) + platinum (Pt) + gold (Au)) and hole BL08-2W1 intercepted 47.9 feet of 0.85% Cu, 0.30% Ni and 0.85 [...]
Get our independent commentary on copper trends and companies delivered to your inbox.
