Olympus Pacific Minerals Inc.(TSX:OYM)(OTCBB:OLYMF)(FRANKFURT:OP6) reported the Company’s first quarter 2010 gold production at its Bong Mieu Gold Processing Plant located in central Vietnam.
Intrepid Mines Limited (TSX:IAU)(ASX:IAU) reported the release of its report for the quarter ended 31 March 2010 regarding mining production, development and exploration activities, as required under ASX listing Rule 5.1.1, as well the Company’s Management’s Discussion and Analysis and Interim Financial Report for the quarter ended 31 March 2010.
Kitco.com reported on Are Specialty Metals Next in the Super Cycle:
Intrepid Mines Limited (TSX:IAU)(ASX:IAU) announced that diamond drill hole GTD-09-138 at the Tumpangpitu Prospect, Tujuh Bukit Project has intersected additional significant copper, gold and molybdenum in zones of high sulphidation and porphyry mineralisation.
Creston Moly Corp. (TSX VENTURE:CMS) reported the results for Holes EC10-73 and 75 to 79 and geotechnical Hole EC10 GT-1 from its initial 5,000 metre program being completed at its El Creston molybdenum deposit located in Sonora, Mexico.
Asia Now Resources Corp. (TSX VENTURE:NOW) announced the exploration plans for both of its major projects in Yunnan Province of China: Beiya and Habo.
International PBX Ventures Ltd. (TSX VENTURE:PBX) reported that the company has received drill results for the first half of drill hole CQ-100 in the Copaquire copper porphyry in Chile.
China’s stockpiling of molybdenum, now 30 percent of the world’s total inventory, may be attributable to their nuclear energy build up. Massive amounts of moly are needed for the highly specialized tubing needed for the reactors. These factors, as well as the rapid urbanization of China and India, and the modernization of the two powers, will be the driving influences for moly in the future.
BOLERO RESOURCES CORP. (TSX VENTURE:BRU) reported that the company has retained Mackevoy Geosciences Ltd. to initiate an extensive 90 day work and drill program at the 100% owned Carbonatite Syndicate Rare earth Claim Group, located 80 km northeast of Prince George, BC. Crews are now being mobilized and work is expected to begin shortly.
Largo Resources Ltd. (TSX VENTURE:LGO) reported that the company has obtained a receipt on April 26, 2010 in connection with the filing of a final prospectus in the province of Ontario.
Friday, April 30, 2010