Junior Mining News

Cornerstone Announces Signing of Contracts for the Completion of the Airborne Geophysical Survey

By Scott Tibballs Cornerstone Capital (TSXV:CGP) has announced that new contracts have been signed for the completion of the airborne magnetic and radiometric regional survey on its Espejo, Playa Rica and Rio Magdalena Blocks, parts of the ENAMI EP-Cornerstone joint venture agreement in Northwest Ecuador. As highlighted in the press release: A heliborne magnetic and […]

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Tethyan Commences Drilling at Rudnica Copper-Gold Prospect

By Scott Tibballs Tethyan Resources (TSXV:TETH) has announced the commencement of exploration drilling at the Rudnica copper-gold porphyry prospect in Serbia. According to the company, the drill programme will consist of 3 to 4 diamond drill holes, for a total of between 1,500 – 2,000 metres, stepping-out from Tethyan’s previous drilling at Rudnica South as

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Boreal Engages Drill Contractor for Burfjord Copper-Gold Project in Norway

By Scott Tibballs Boreal Metals (TSXV:BMX) has announced that it has engaged Arctic Drilling to conduct exploratory diamond drilling at Burfjord in Norway. According to the release. Boreal is mobilizing to commence a 1,000 meter reconnaissance drill program in late September and will test a variety of shallow drill targets across the property position. The

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De Beers officially the new owner of Peregrine Diamonds

By Cecilia Jamasmie Anglo American’s De Beers said Thursday it had completed the acquisition of Peregrine Diamonds, the company behind the Chidliak project in the Canadian territory of Nunavut, as the world’s largest roughs producer by value needs to replace its closing mines in the country. The C$107 million-deal ($82m), announced in July, extends De

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Velocity Intersects High Grade Gold Mineralization at Chala Gold Mine, Southeast Bulgaria

By Anwesha Sengupta Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces that it has received initial positive drill assay results from underground exploration drilling at the operating Chala Gold Mine (“Chala”). Priority drill target Zone 8A has been tested by three drill rings drilled on 50m centres to the west of existing underground development

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Moneta Announces Drill Results at Golden Highway Project

By Nicole Rashotte Moneta Porcupine Mines Inc. (TSX:ME, OTC:MPUCF, XETRA:MOP) announced the results from the last seven diamond drill holes completed on the South West deposit located within the Company’s Golden Highway project. Highlights are as follows: Drilling results at South West have continued to extend the strike and depth extent of the known vein

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Brixton Metals Provides an Update on Its Thorn Project and Highlights Its Copper Gold Porphyry Potential

By Ashley Cowell Brixton Metals Corporation (TSXV:BBB) (the “Company” or “Brixton”) is pleased to announce that it has completed field work at its wholly owned Thorn project in Northwestern British Columbia. In collaboration with the Mineral Deposit Research Unit and porphyry specialist, Brock Riedell, Brixton completed a program of core re-logging, geological mapping and sample

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Phase Change Memory Advances on Work by Industry Heavyweights

By Ashley Cowell Deer Horn Capital (CSE:DHC) (the “Company” or “Deer Horn”), reports that ongoing R & D by technological heavyweights such as IBM, Intel, Samsung and Panasonic continues to move phase-change memory towards mainstream use. Phase change memory, or PCM, is expected to revolutionize the speed, capacity and economics of data storage. PCM, under

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New Dimension Releases Phase 1 Results at Las Calandrias Project

By Nicole Rashotte New Dimension Resources Ltd. (TSXV:NDR) reported results from the Phase I diamond drill program targeting high-grade gold and silver mineralization at its 100 percent-owned Las Calandrias project. Highlights are as follows: • A total of 25 diamond drill holes for 3,695m were completed at the Las Calandrias project. Drilling was primarily focused

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