Altamira Gold Corp. expands its claims, gaining additional ground within the Juruena belt in Mato Grosso (Brazil).
Exploration & development
SRK Consulting is optimistic about prospects in Asia as the mining industry continues to emerge from a protracted downturn.
Camino Minerals Corporation has begun step-out drilling at its Los Chapitos project in southern Peru.
OZ Minerals receives approval for the second phase of construction at its Carrapateena copper gold project in South Australia.
Boart Longyear announces it is to expand its drilling services fleet in order to cater for rising exploration budgets.
1100 km2 of land has been released for exploration, a decision welcomed by the Chief Executive of Queensland Resources Council.
Connemara Mining Company plc has recently commenced drilling operations at the Mine River Gold Project.
East Asia Minerals Corporation proceeds with a US$2 million private placement for the company’s exploration and development operations in Indonesia.
The drilling campaign, to be conducted by Brazil Minerals Inc’s subsidiary, Jupiter Gold Corp., is expected to commence in or before May this year.
At Kochang, progress in exploring the mine has been swift and the findings extremely encouraging. The Gubong gold project has commenced metallurgical testing and the results are expected within a month.