Geo Minerals Completes Phase One Drilling at Silver Bell West, Arizona
GEO MINERALS LTD. (TSX VENTURE:GM)(FRANKFURT:8G3) has completed its first phase of drilling at the Silver Bell West property in southern Arizona.
Archive for June, 2010
Mongolia: Emerging Mineral Giant
The search for new mineral wealth is pushing to the far reaches of the globe. Mongolia, the neighbor to two of the world’s largest economies, Russia and China, is on track to have the largest copper mine outside of Chile. International mining companies are taking up increased interest in Mongolia, which suffers from poverty and a lack of modern infrastructure.
Antares Minerals Announces Major Drilling Campaign at Haquira Cu-Mo-Au Project, Peru
Antares Minerals Inc. (TSX VENTURE:ANM) announced that a major drilling campaign is underway at its 100%-owned Haquira copper-molybdenum-gold discovery in southern Peru.
Molycor Announces Closing of Its Private Placement
Molycor Gold Corp. (TSX VENTURE:MOR)(PINK SHEETS:MLYFF)(FRANKFURT:M1V) announced that, the Company will not be closing any further tranches in its private placement, announced in its news release dated March 29, 2010 and amended April 30, 2010.
Coro Mining’s update
Coro Mining Corp. (TSX:COP)announced that Quantec International Project Services Ltd. has initiated a 6 line km Titan 24 DCIP survey, at Coro’s 100% owned Chacay porphyry copper property, located 12km southeast of the Teck Resource Limited’s Relincho copper-molybdenum project, and 50km east of the city of Vallenar in the III Region of Chile, at an elevation of approximately 2,600m above sea level.
Altius Reports on 2010 Exploration Season
Altius Minerals Corporation (TSX:ALS) provided an update of exploration work ongoing on a number of its wholly owned and joint venture projects and within companies of which Altius is a significant shareholder.
Minera Andes Reports Mineral Resource Increase at Los Azules Project
Minera Andes Inc. (TSX:MAI)(OTCBB:MNEAF) announced that the mineral resource at our 100% owned copper project, Los Azules, has been expanded and the confidence level increased.
Quadra FNX Provides an Update on State Grid International Development MOU
Quadra FNX Mining Ltd. (TSX:QUX) announced that the memorandum of understanding entered into with State Grid International Development Limited expired on June 15, 2010; the parties were not able to conclude a definitive agreement for the formation of a joint venture prior to expiry of the MOU.
Quaterra Announces Commencement of Drilling at SW Tintic, Duke Island and Willow Creek Projects
Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE Amex:QMM) announced that Freeport-McMoRan Mineral Properties Inc., a subsidiary of Freeport-McMoRan Copper & Gold Inc. (NSYE:FCX), has commenced drilling on Quaterra’s Southwest Tintic porphyry copper project in Utah.
Afghanistan’s Mineral Wealth: A Mining Opportunity or Political Ploy?
Reports of mineral wealth in Afghanistan exceeding $1 trillion may seem like terrific news for the war torn nation; however, when faced with the political realities, seem less attractive to international mining companies. Is the release of internal Pentagon memo’s just days before a Senate hearing a political ploy or a mining reality?
