Velocity Minerals Ltd. declared that it has received a NI 43-101 compliant Mineral Resource Estimate Report dated May 28, 2009 for the Company’s Mt. Haskin molybdenum deposit. For full story, click here
Tenajon Resources Corporation declared that a resource estimate has been completed on its Moly Brook Zone. The zone, one of three identified on the company’s 100% owned Moly Brook Property, is located 2 kilometers north of the village of Grey River on the south coast of Newfoundland and less than 4 kilometers from a deep [...]
Vancouver’s Avanti Mining announced the updated resource estimates for its Kitsault moly project are 54 million tonnes at 0.112% Mo in the measured category, 153 million tonnes at 0.088% Mo in the indicated category, and 26 million tonnes grading 0.069% Mo in the inferred category. Craig J. Nelsen, Avanti president and CEO, stated: This new [...]
Molybdenum prices are currently hovering around the $9 per lb mark, a drastic decline from last Augusts’ high of $34. Molybdenum managed to hold its price point longer than other metals; but in the fourth quarter of 2008 the steel industry’s defeat sent molybdenum on a free fall.
TSX Venture exchange listed mining junior, Columbia Yukon Explorations jumped 28% in trading after the company released an updated 43-101 compliant resource estimate for the Storie Property molybdenum deposit in British Columbia. For full story, click here
TTM Resources Inc. reported that the Company has received an updated resource estimate from GH Giroux P. Eng MASc of Giroux Consultants Inc., of Vancouver, B.C. for its 100% owned Chu Molybdenum Project 75 Km Southwest of Vanderhoof, British Columbia, Canada. For more information, click here
TTM Resources Inc. is a Vancouver, British Columbia; Canada based publicly trading resource Exploration and Development Company, focused on four assets in British Columbia, Canada.
Hi Ho Silver Resources released NI 43-101 compliant resource estimate for the Carmi Molybdenum property. Fred Fisher, President/ CEO of Hi Ho Silver stated: We are extremely excited to receive this preliminary resource estimate which we will use a guide for further exploration development and expansion of the property. We believe that the excellent logistics [...]
Monday, June 8, 2009