Archive for June, 2008

Taseko Purchases $100 Million in Mining and Milling Equipment

Taseko Mines Limited (Toronto:TKO.TO - News)(AMEX:TGB - News) (”Taseko” or the “Company”) is pleased to announce that it has finalized negotiations for the purchase of the key mining and milling equipment required for the Phase III expansion at its 100% owned Gibraltar copper-molybdenum mine.
The Company has entered into binding agreements to purchase two Bucyrus 495 [...]

Abacus Mining & Exploration Corp.: AMEC Appointed as Engineering Team for Afton/Ajax Project

Abacus Mining & Exploration Corp. (”Abacus” or “the Company”) (CDNX:AME.V - News) is pleased to announce it has retained the services of AMEC Americas Limited (”AMEC”) to build an updated mineral resource model and carry out the needed engineering work to advance the Afton - Ajax Project located near Kamloops, B.C., through a Preliminary Economic [...]

Alexis Closes in on Deep Target Near Louvicourt Mine and Initiates Drilling on Dunraine Property, Val d’Or, Quebec

ALEXIS MINERALS CORPORATION (Toronto:AMC.TO - News) is pleased to confirm that exploration drilling is continuing in Val d’Or, Quebec. One hole on the Deep West Target is approaching 1460 metres, on a proposed 1800 metre hole. The hole is in the immediate footwall to an area of alteration and stringer mineralization identified in four previously [...]

Midland Exploration Commences First Drilling Program on Weedon

Midland Exploration Inc. (”Midland”) (CDNX:MD.V - News) in partnership with Breakwater Resources Ltd. is pleased to announce the commencement of its first diamond drilling program on the Weedon Project. This wholly-owned Midland project is located about 120 kilometres south of Quebec City.
Several new VTEM targets identified
The drilling program by Midland will include five holes totalling [...]

Geovic Mining Corp.: Progress Update on Mada Drilling Program in Cameroon

Geovic Mining Corp. (”Geovic” or “The Company”) (Toronto:GMC.TO - News), on behalf of its 60%-owned subsidiary Geovic Cameroon PLC (GeoCam), is pleased to announce the progress of its drilling program at the Mada cobalt-nickel-manganese property in Cameroon, Africa. Mada is a northern, adjoining extension of the Nkamouna deposit, with very similar geologic properties and mineral [...]

Animas Resources Begins Drilling, Finishes Preparing 20-F and Reports on Annual Meeting

Animas Resources (TSX VENTURE:ANI - News) is pleased to report that drilling has begun in the Santa Teresa mining district at and around the Company’s past producing Santa Gertrudis and Amelia gold projects.
20-F Prepared for filing
Animas Resources and its consultants have finished preparing a form 20-F which will be filed shortly with the United States [...]

Selkirk Metals Corp.: Important Milestone Reached at Ruddock Creek; Underground Diamond Drilling Commences

Selkirk Metals Corp. (”Selkirk” or the “Company”) (TSX VENTURE:SLK - News) is pleased to announce that the Ruddock Creek Zinc-Lead Deposit will be explored for the first time in history by underground diamond drilling and bulk sampling. The Ruddock Creek Property is accessible year round by the completion of an all season main haul road, [...]

Farmers Reject Argentina’s Bid to End Protests on Tax

Farmers in Argentina said new government caps on grain-export taxes don’t go far enough, threatening to prolong a two-month conflict that has disrupted trade and led to food shortages in Buenos Aires.
The government reduced the top end of the variable tax rate on soybeans, wheat, corn and sunflower seeds, leaving the levy unchanged at the [...]