www.avantimining.com Pan American Lithium Corp Largo Resources
Geat Western Minerals http://www.orvana.com/ Antiqua Gold ValGold
Eastman Resources Moly Mines
Medusa Mining Tantalus Rare Earths AG
Skip Navigation Links
SEARCH  

Breaking News
(NYTimes)Mine Owner Defends Work and Pledges ‘Accountability’ - 1 Minute
(ChinaPost)Booming Australia's jobless rate falls to 5.1%; higher interest rate likely - 1 Minute
(ChinaPost)German annual inflation rate slips to 1% in Aug. despite rise in oil prices - 1 Minute
(ChinaPost)United Steelworkers union to file clean energy case versus China - 1 Minute
(ChinaPost)BHP, ArcelorMittal ditch planned Africa joint venture - 1 Minute
(ChinaPost)Instant coffee firm's TDRs increase sharply on debut - 1 Minute
(ChinaPost)Yen near 15-year-high vs. USD - 1 Minute
(ChinaPost)Asian stocks rise on US, EU confidence - 1 Minute
(NorthernMiner)New nickel zone sends Anfield higher - 1 Minute
(NorthernMiner)Semafo confirms continuity of Mana's Kona Zone - 3 Minutes
(CNW)NORONT ANNOUNCES POSITIVE RESULTS OF PRELIMINARY ASSESSMENT OF EAGLE'S NEST DEPOSIT - 12 Minutes
(BusinessSpectator)Alinta moves closer to debt recapitalisation - 16 Minutes
(Reuters)Wall Street buoyed by upbeat economic data - 26 Minutes
(CNW)Mountain Province Diamonds Adopts New Shareholders Rights Plan - 31 Minutes
(BusinessSpectator)Oil ends lower on risk aversion - 31 Minutes
(KremNationalNews)APNewsBreak: 12 states warned about faulty propane - 38 Minutes
(CNW)Central African Gold's Old Nic and Dalny Mines in Zimbabwe Transition from Care and Maintenance to Resumption of Gold Production - 40 Minutes
(MarketWire)Northern Superior Resources Inc. Signs Formal Option Agreement With Rainy River Resources Ltd., Closes Concurrent Private Placement With Rainy River and Lake Shore Gold Corp. - 40 Minutes
(MarketWire)Rainy River Signs Formal Option Agreement with Northern Superior Resources Inc. and Closes Concurrent Private Placement in Northern Superior - 40 Minutes
(AP)Stocks extend gains after drop in jobless claims - 41 Minutes
(MarketWire)Strathmore Announces Share Buy-Back Program - 49 Minutes
(GlobeAndMail)Suncor charged over water runoff data - 51 Minutes
(GlobeAndMail)Suncor charged over water runoff data at oil sands project - 51 Minutes
(GlobeAndMail)Suncor charged over water runoff - 51 Minutes
(BusinessStandard)Local support for Lafarge project - 52 Minutes
(WSJ)Dow Advances 28.23 Points - 52 Minutes
(BusinessStandard)Divestment in Mangalore Ore gets Cabinet approval - 53 Minutes
(CalgaryHerald)TSX down for third straight day - 53 Minutes
(BusinessWire)Airgas and Kiewit Sign Three-Year Contract Extension - 55 Minutes
(EON)SI Financial Group, Inc. Adopts Plan of Conversion and Reorganization - 1 Hour
(Reuters)Wall Street ends higher after upbeat data - 1 Hour
(BusinessSpectator)Santos sells Gladstone stake to Total - 1 Hour
(EON)Ulticom Announces Fiscal Second Quarter 2010 Results - 1 Hour
(EON)Saba Schedules First Quarter Fiscal Year 2011 Earnings Announcement - 1 Hour
(TheAustralian)Gold slides as recovery fears ease - 1 Hour
(BusinessStandard)Food inflation at 11.47% - 1 Hour
(BusinessInsider)The Bulls Win AGAIN: Here's What You Need To Know - 1 Hour
(CNW)MAWSON COMPLETES THE FINAL 7% PURCHASE OF THE ALTO QUEMADO GOLD-COPPER PROJECT IN PERU - 1 Hour
(MarketWire)Premium Exploration Clarifies Position with SNS Precious Metals Inc. - 1 Hour
(MarketWire)Castle Resources Provides Granduc Operations Update - 1 Hour
(BusinessStandard)SC reverses HC ruling on stock exchange card - 1 Hour
(MarketWire)Joint Venture Partner Arctic Star Retains Consulting Firm to Evaluate J6L1 Rare Earth Metal Project - 1 Hour
(BusinessWire)Simonds?? Launches Web-Based Employee Training & Certification Program - 1 Hour
(BusinessInsider)What To Do Now The Bulk Of Deflation Has Passed - 1 Hour
(AP)Stocks edge higher after drop in jobless claims - 1 Hour
(BusinessStandard)Punjab plans to set up its first gas-based power plant at Ropar - 2 Hours
(BusinessStandard)Nifty may cross 5,660 next week - 2 Hours
(BusinessWire)UPDATE: Goldline International's American Advisor to Interview Investment Strategist - 2 Hours
(WSJ)Stocks Inch Up, Volume Light - 2 Hours
(BusinessStandard)Re-import of Zimbabwe gems enthuses diamond trade - 2 Hours
(BusinessStandard)Sebi renews MCX-SX currency futures licence for one yr - 2 Hours
(MarketWire)Vangold Resources Ltd.: 3D IP Survey Report for Fergusson and 3D IP Survey Update for Mt Penck Papua New Guinea - 2 Hours
(CNW)Copper Fox Comments on Trading of its Common Shares - 2 Hours
(BusinessStandard)State to review status of steel projects next month - 2 Hours
(BusinessStandard)Bonanza for card-carrying brokers - 2 Hours
(BusinessStandard)Srikrishna panel to suggest 'optimal solutions' - 2 Hours
(MarketWire)Cresval Capital Corp. Closes Private Placement - 2 Hours
(FT.com)BP report forces oil majors to reassess guidelines - 2 Hours
(Reuters)Wall Street cuts gains, financials off highs - 2 Hours
(WSJ)Gold Prices Settle Lower - 2 Hours
(FT.com)Vale denies PotashCorp plan amid bond issue - 3 Hours
(MarketWire)Aurcana Corporation Reports 54% Increase in Earnings From Mining Operations for Q2, 2010 - 3 Hours
(BusinessInsider)Bond Selloff Continues, And Everyone's Freaking Out About A Bad Treasury Auction - 3 Hours
(ChinaNationalNews)A Feel-Good but Futile Response - 3 Hours
(MarketWire)Anfield Discovers Additional High Grade Nickel Mineralization at Its Mayaniquel Project, Guatemala - 3 Hours
(BusinessWire)31 California Manufacturers Benefit from New Defense Work - 3 Hours
(BusinessWire)Universal Building Products Assets to be Transferred to Dayton Superior - 3 Hours
(AP)Stocks continue rally after drop in jobless claims - 3 Hours
(BusinessInsider)CHART OF THE DAY: It's True, Stock Market Performance Has Absolutely Nothing To Do With The Economy - 3 Hours
(WSJ)Upbeat Data Help Lift Dow - 3 Hours
(MarketWire)Silver Quest Commences Drilling at Prospector Mountain, Yukon - 3 Hours
(MarketWire)DecisionPoint to Present at the Rodman & Renshaw Annual Global Investment Conference - 3 Hours
(FT.com)KNOC stands firm on ??1.87bn Dana bid - 3 Hours
(CalgaryHerald)TSX near flat after mixed North American data - 4 Hours
(EON)LiveVox CEO to Participate in Frost & Sullivan Innovation Summit - 4 Hours
(WSJ)Gold Prices Lose Ground - 4 Hours
(MarketWire)Extorre Appoints Additional Independent Directors and Grants Options - 4 Hours
(BusinessSpectator)Oil extends gains on US data - 4 Hours
(BusinessInsider)Morgan Stanley: Japan Actually CHOSE Deflation And That's Why America Will Never Have A Deflationary Crisis - 4 Hours
(EON)The New York Times Company to Webcast Its Presentation at the 19th Annual Goldman Sachs Communacopia Conference - 4 Hours
(CNW)RICHMOND MINERALS INC. ANNOUNCES NON-BROKERED FINANCING OF UP TO $100,000 - 4 Hours
(CNW)Armenia Re-Emerges as a Prolific and Friendly Mining Jurisdiction for Canadian Investors - 4 Hours
(MiningJournal)Yanzhou expansion continues - 4 Hours
(BusinessWire)Knife River Operations Pick up More Than $41 Million in New Work - 4 Hours
(EON)USA Technologies to Present at the Rodman & Renshaw Annual Global Investment Conference - 4 Hours
(BusinessSpectator)China says BHP, Potash deal a risk to food producers - 4 Hours
(Reuters)Wall Street boosted by upbeat economic data - 4 Hours
(CNW)EL CONDOR PROVIDES UPDATE ON ANCHACA WORK PROGRAM and ACQUIRES ARIZONA AU-AG PROPERTY OPTION - 5 Hours
(BusinessWire)Colombia Clean Power & Fuels, Inc. To Acquire First Mining Concessions in Colombia - 5 Hours
(MiningWeekly)Major Drilling eyes price hikes as exploration activity rebounds - 5 Hours
(MiningWeekly)Major Drilling eyes price increases as exploration activity rebounds - 5 Hours
(BusinessSpectator)US union files case on China clean energy practices - 5 Hours
(MarketWire)LIM Signs Impact Benefits Agreement With Naskapi Nation - 5 Hours
(CNW)Clifton Mining Company Inc. (OTC : CFTN) - 5 Hours
(ChinaNationalNews)China's Anti-Goldman Sachs Book - 5 Hours
(MiningWeekly)Cipro launches probe into Kalahari Resources ???highjacking??? claim - 5 Hours
(ChinaNationalNews)Steelworkers Accuse China of Violating Trade Rules - 5 Hours
(WSJ)Financials Lead Stocks Higher - 5 Hours
(WSJ)Goldman Is Hit With U.K. Fine - 5 Hours
(MarketWire)Nuinsco Finalizes Agreement on Egyptian Gold Concession - 5 Hours

Click here for previous news...
Recent News
TAGISH LAKE GOLD CORP. ANNOUNCES THE RESULTS OF A GEOPHYSICAL SURVEY - 20 Hours
Torex Gold Reports Third Quarter Results - 21 Hours
BVT Re-Filed NI 43-101 Report on New Pass Property, Nevada - 23 Hours
Golden Reign Resources Ltd.: High-Grade Results From Northern Murra District at Mina Estrella, as Drilling Continues at San Albino in South - 1 Day
Condor Closes $975,000 Financing - 1 Day
Nevada Sunrise Gold Corporation: Drilling to Begin at Golden Arrow - 1 Day
Typhoon Shareholders Approve Resolutions at the 2010 Annual and Special Meeting - 1 Day
Nortec Minerals Intersects 4 Metres of 13.52g/t Gold at Seinajoki Project in Western Finland - 1 Day
Drilling at First Gold's Croinor Gold Project Shows Added Near Surface Potential - 1 Day
Drilling at Blue Note's Croinor Gold Project Shows Added Near Surface Potential - 1 Day
Iberian Minerals Announces Granting of Options - 1 Day
New World Resource Corp.: Lithium Brine Drilling Commences at Pastos Grandes Salar - 1 Day
Excalibur Stakes Adjacent Claim East of Sturgeon Lake Property - 1 Day
Ashburton Extends Yukon White Gold Agreement - 1 Day
TerraX commences fieldwork on its Atikokan gold properties, Northwestern Ontario - 1 Day
Riverstone Intersects 18.5 Metres of 4.10 g/t Gold at Rambo Main Zone - 1 Day
Manitou Makes New Gold Discovery on Canamerica Property - 1 Day
Blue Note Mining Receives Approval to Begin Construction at Croinor Gold Project - 1 Day
Stellar Pacific Ventures Cuts 1,68 g Au/t Over 90 Metres on Balandougou, Guinea, West Africa - 1 Day
Golden Share Consolidates Pistol Lake Property With High Potential Gold Claims - 1 Day


 
Bookmark and Share
Eagle Hill Extends Windfall Lake Gold Zone With Initial Drilling Returning 19.61 g/t (Cut 3.51 g/t) Gold Over 33 Meters

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") (TSX VENTURE:EAG) is pleased to announce that it has received initial drill results from the Company's first drill program at the Windfall Lake Property.

The assay results from drill hole EAG-10-196 continue to indicate the presence of significant gold grades over wide mineralized intervals including 19.61 g/t gold over 33.00 meters (3.51 g/t gold when cut to 1.00 oz/t). The complete mineralized zone from this drill hole is visually identified over 52.00 meters in length with the assay results from the remaining 19.00 meters pending.

Drill hole EAG-10-196 is the first step-out drill hole completed at the Windfall Lake Property by Eagle Hill, and extends the gold mineralization by 46 meters to the southwest. This is the westernmost borehole drilled on the gold zone and it indicates that the zone remains open to the southwest where additional drilling is being conducted. Gold mineralization is defined by abundant pyrite stockwork hosted by a highly silicified and sericitized rhyolite breccia.

"These initial results are extremely encouraging as the combination of a step out of 46 meters and significant gold mineralization over a width of 52 meters reflect a new extension of the gold mineralized zone," explained Brad Kitchen, President and C.E.O. of Eagle Hill. "Continuous gold mineralization over such large areas confirm Eagle Hill's belief that, in addition to extremely rich, but narrow structures, the gold mineralization at the Windfall Lake Property also occurs in large intervals with consistent gold grades."

The following table shows all significant assay results received so far from hole EAG-10-196. A table of complete results will be posted on the Company's website when the remaining 19 meters are received.

  New assay values
Hole Number   From (m) To (m) Length (m) Au (g/t) Cut to 1 oz/t
EAG-10-196 129.60 136.05 6.45 1.74 same
  254.00 287.00 33.00 19.61 3.51
  Incl.
271.00
273.00
286.00

287.00
274.00
287.00

16.00
1.00
1.00

38.69
52.9
547.00
5.49
287.00 306.00 19.00 Assays Pending

The true widths of the mineralized zones represent approximately 85% of the length of the intervals reported in the table above.

The new results listed above are preliminary results from a 10,000 meter drilling program currently underway at the Windfall Lake Gold project, under the management of Murgor Resources Inc. (TSX.V - MGR) technical team. Assay results from the whole program will be released as they become available.

Gold analyses reported in this release were performed by standard fire assay using a 30g charge with Atomic Absorption finish and a gravimetric finish for assays greater than 10 g/t. Samples containing visible gold are assayed using metallic sieve method. All assays were performed by ALS Chemex Laboratory Group, in Val D'Or, Qc. Sampling and analytical procedures are subject to a comprehensive Quality Assurance and Quality Control program conceived by Murgor Resources' technical team. The QA-QC program, includes duplicate samples, blanks and analytical standards.

Dr. Jean-Philippe Desrochers, P.Geo. and Vice-President of Exploration for Murgor Resources Inc. is a Qualified Person as defined by NI-43-101 that supervised the field work reported in this press release and reviewed the technical information it contains. Murgor Resources Inc. ("Murgor") has entered into a services contract with the Company in which Murgor will conduct the exploration on the Windfall Lake Property.

About the Windfall Lake Property
The Windfall Lake Property is comprised of 340 contiguous claims (10,991 hectares) in the Abitibi mineralized belt of northern Quebec. This area between Val d'Or and Chibougamau is known for its gold and copper production and excellent infrastructure for exploration and mining. Historically, the Windfall Lake Property has had extensive historic grassroots exploration work. Eagle Hill has signed options with Murgor Resources Inc., Freewest Resources Canada Inc., and Noront Resources Inc. to acquire 340 contiguous claims for a total of 10,991 hectares.

About Eagle Hill Exploration Corporation
Eagle Hill Exploration Corporation is a Canadian mineral exploration company focused on the exploration and development of gold and precious metal prospects. The Company is set to become an advanced stage gold and precious metal exploration company with its acquisition of the Windfall Lake high grade gold project, located in Urban Township, Quebec, between Val D'or and Chibougamau. Eagle Hill seeks projects that contain or have potential to have large resource potential. The Company's website at www.eaglehillexploration.com and public filings at www.sedar.com provide additional information on its properties and other information with respect to its management and operations.

ON BEHALF OF THE BOARD,

P. Bradley Kitchen, President

FORWARD LOOKING STATEMENTS

This release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation, including predictions, projections and forecasts. Forward-looking statements include, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion, growth of the Company's businesses, operations, plans and with respect to exploration results, the timing and success of exploration activities generally, permitting time lines, government regulation of exploration and mining operations, environmental risks, title disputes or claims, limitations on insurance coverage, timing and possible outcome of any pending litigation and timing and results of future resource estimates or future economic studies.

Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "planning", "planned", "expects" or "looking forward", "does not expect", "continues", "scheduled", "estimates", "forecasts", "intends", "potential", "anticipates", "does not anticipate", or "belief", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

Forward-looking statements are based on a number of material factors and assumptions, including, the result of drilling and exploration activities, that contracted parties provide goods and/or services on the agreed timeframes, that equipment necessary for exploration is available as scheduled and does not incur unforeseen break downs, that no labour shortages or delays are incurred, that plant and equipment function as specified, that no unusual geological or technical problems occur, and that laboratory and other related services are available and perform as contracted. Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the interpretation and actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of gold; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the company's publicly filed documents. Although both companies have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


MetalsNews News
PELANGIO EXPLORATION INTERSECTS 1.5 G/T OVER 61 METRES IN FIRST DRILL HOLE AT THE MANFO PROPERTY
TORONTO, Ontario - (MetalsNews.com, September 7, 2010) - Pelangio Exploration Inc. (PX:TSX-V) ("Pelangio" or the "Company") is pleased to announce drill results from the first four holes totaling 621.1 metres drilled by the Company at the newly optioned Manfo Property in Ghana. Highlights of the drill results from the Nfante West area reported today
Niogold And Aurizon Commence Drilling On The Marban Block Property
Val-d’Or, Quebec - (MetalsNews.com, September 7, 2010) - NioGold Mining Corporation (TSX-V:NOX, Frankfurt:NG1) announced that drilling operations have commenced on the Marban Block property under the terms of the Aurizon Mines Ltd. (“Aurizon”) option agreement. A C$5.9 million program was approved for the first year of the option that includes 50,000 metres of diamond drilling. Two drill rigs were mobilised on the property on August 30 and a third drill rig will be added later in the program.
NovaGold Appoints Gerry McConnell as Chairman of the Board
Vancouver, British Columbia - (MetalsNews.com, September 1, 2010) - NovaGold Resources Inc. (NYSE-AMEX: NG, TSX: NG) today announced that Gerry McConnell has been appointed Chairman of the company's Board of Directors. Rick Van Nieuwenhuyse continues as President and Chief Executive Officer of the company and will remain on the Board as a Director.
LEVON CLOSES BOUGHT DEAL AND NON-BROKERED FINANCINGS FOR GROSS PROCEEDS OF $11,100,000
Vancouer, BC -(MetalsNews.com - August, 31, 2010) - Levon Resources Ltd. (“Levon” or the “Company") announced the closing of its bought deal private placement with Canaccord Genuity Corp. (the “Underwriter”) previously announced on August 17, 2010 of 13,334,000 Units (the “Units”) at a price of CDN$0.75 per Unit for aggregate gross proceeds of CDN$10,000,500 (the “Offering”).
Premier - Drilling Continues to Expand Near-Surface Gold Zones at Hardrock
Vancouver, BC. - (MetalsNews.com, August 25, 2010) - PREMIER GOLD MINES LIMITED (TSX:PG) is announced that ongoing drilling continues to delineate significant near-surface gold mineralization in multiple zones at the Hardrock Project in Northwestern Ontario. Current drilling is focused on expanding and defining near-surface, open pit style, mineralization in addition to defining multiple zones of higher grade mineralization that are expected to comprise resources amenable to underground mining methods.

The Discovery Group: Pooled Resources for a Track Record of Discovery
by Dr. Allen Alper and Jeff Senior


The main concept behind the Discovery Group is to create opportunities for world-class exploration success through the sharing of resources and intellectual capital. Director of Marketing Ian McPherson deals with all the companies in the group and so is the ideal person to put us in the picture about its various activities.
Click here to continue...
Malaga Inc is a Niche Tungsten Player with Burgeoning Opportunities
by Allen M. Alper and Aaron Hoos


There's something really compelling about a niche player who is completely focused on one opportunity. In some cases, it can be daring (and even risky) but when fate works in their favor, it's an exciting and even profitable opportunity.
Click here to continue...
Canada Lithium is Betting on an Electric Future
by Allen Alper and Aaron Hoos


Smart investors pay attention to social and economic trends and make investments based on where they see consumer attitudes shifting. One area that is getting more and more attention, both at the government level and the consumer level, is the electric car.
Click here to continue...
NioGold is a Quebec Success Story with Plenty of Upside
by Allen M. Alper and Aaron Hoos


Although some investors prefer riskier investments to have the opportunity to get sky-high paybacks, many investors feel that the most profitable opportunities are those where the risk is well-managed and the payback potential is clearly laid out.
Click here to continue...
Malbex: A Newly Listed Argentina Play Is an Interesting Story for Investors
by Allen M. Alper and Aaron Hoos


What investor doesn't wish he had bought into Microsoft or Apple or Google or Berkshire Hathaway when it was trading for just pennies? The climb in stock prices would assure any investor that they were set for life.
Click here to continue...
Sacre-Coeur Minerals Developing Low Cost Gold in Guyana
by Allen Alper and Jeff Senior


Although based in Vancouver, Sacre-Coeur’s main interest is in Guyana, where it is engaged in exploring and developing properties for gold, other metals and diamonds. We caught up with President and CEO Gregory Sparks at the airport where he was about to board a plane for Guyana.
Click here to continue...
The Gold Anti-Trust Committee Gives a Dire Warning
by Allen Alper and Aaron Hoos


When you talk to junior mining companies who are trying to drum up money to fund their exploration, you'll frequently hear about how rosy the future looks: Prices can only go up, opportunity will only increase, and the economy can only get better.
Click here to continue...
Rio Novo Gold Goes Big
by Allen M. Alper and Aaron Hoos


But Rio Novo Gold (TSX: RN) is going one step further: It's aiming to run entire gold districts, which is an interesting and aggressive play to lock out competitors and cash in on opportunities over a large piece of land. But that's not the only exciting aspect of Rio Novo Gold. Their financial outlook is exciting, given their project's history and its current state of development.
Click here to continue...
Building a Hard Assets Conference That’s Hard to Beat
by Allen Alper


Looking forward to the next Hard Assets Investment Conference? We had a chance to sit down with Jonathan Moore, the show organizer.
Click here to continue...
New Growth: The Agnico-Eagle Mines Story
by Allen M Alper Jr and Aaron Hoos


Stories of explosive business growth are compelling to mining industry investors who want to get an early lead on opportunities. Agnico-Eagle Mines (AEM) offers a fascinating story of a company that progressed steadily for many years and then, recently, switched tactics and is now seeing some exciting growth in new directions.
Click here to continue...


Disclaimer | Terms Of Use And Privacy Statement


© Metals News. All rights reserved.