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13 Sep 16 - Business Mining And Drilling News

BUSINESS DAY TV: Master Drilling is now looking at Scandinavia
BDTV: And raiseboring, just for people who don't know what that is, that is just joining mines or caverns within mines without using explosives? DP: Absolutely. Just drilling a small hole from the upper level, attach the lower level to what we call a ...

Egan Street to get drilling after IPO
After starting the day at 20 cents each, shares in the company surged to a price of 30 cents at the close, with managing director Marc Ducler telling Business News that the company's capital raising had been three times oversubscribed. “It did look a ...

Energy Fuels Provides Operational Update and Uranium Production Guidance for 2017
Finally, the drill results are increasing the Company's level of confidence that production costs from the Canyon Mine are expected to be low-cost and competitive with the best underground uranium mines globally, including mines in Canada, based on ...

Arizona Mining drills 1300 foot step out hole grading 23.1% zinc, 13.5% lead and 7.3 opt silver over 24.5 feet
13, 2016 /PRNewswire/ - Arizona Mining Inc. (TSX: AZ) ("Arizona Mining" or the "Company") is pleased to announce the results of a further two (2) exploration drill holes from its current program targeting the expansion of the Taylor Zn-Pb-Ag sulfide ...

Canyon priority in Energy Fuels' plan
Drilling results from Canyon are increasing the company's level of confidence that production costs from Canyon will be "low-cost and competitive with the best underground mines globally, including mines in Canada", it said. As a result, Canyon is ...

Indian Tycoon Goes From Drilling Oil to Mining Data
... a long-serving adviser, and a reminder of the influence of trusted employees, most from the oil business. One company insider said the Jio logo is actually a mirror image of the word “oil,” reflecting in a way Reliance's journey from oil drilling ...

Minfocus Exploration Announces Coral Property Drilling and Sampling Results
(TSX VENTURE: MFX) ("Minfocus") is pleased to report the assay results from the recent reconnaissance drilling and exploration program on its CORAL Zinc Project in northeastern British Columbia.

Anadarko Buys Gulf of Mexico Assets From Freeport-McMoRan for $2 Billion
Under the deal, Anadarko will pick up 91 drilling blocks in the Gulf of Mexico that will allow the company to double its output in the region to about 155,000 barrels of oil equivalent a day.

Axiom commences San Jorge drilling
The drilling results in conjunction with the existing drilling and pitting data by nickel major INCO (Vale) will provide for the definition of a maiden JORC mineral resource.

Royal Nickel Announces Business Name Change to RNC Minerals
13, 2016 /CNW/ - Royal Nickel Corporation ("RNC") (TSX: RNX) (OTCQX: RNKLF) is pleased to announce it has registered "RNC Minerals" as a business name and will begin to conduct business under that name effective immediately. ... RNC's principal assets ...

LNG plants set for $20bn second wind
After successful drilling last year, Darwin LNG operator ConocoPhillips last month quietly called for invitations to tender for early engineering and design studies on the Caldita-Barossa field in the Timor Sea.

Former WMC CEO Hugh Morgan reveals 'unusual' nickel discovery
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Sleepless in BC's stalled gas patch
So far this year, 200 drill rigs are working, primarily in the northeast gas fields near Fort St. John and Dawson Creek. Jarvis said local contractors do not expect an increase in drilling during the normally busier winter season. “We are not excited ...

Protest at Evolution's NZ drill site
Protesters surrounded an Australian company's gold exploration drilling site in Northland, New Zealand. About 200 people knocked down the barriers and went onto Evolution Mining's drilling site on the slopes of Puhipuhi mountain north of Whangarei on ...

Wellgreen Platinum Provides Project and Corporate Update
During the fourth quarter of 2015 and extending into the first quarter of 2016, the Company's drill program targeted representative samples of the Wellgreen deposit for purposes of a metallurgical test work program.

Aton Resources Updates Planned Exploration Activities to Focus on the 40km Gold Trend Within Its 100% Owned Abu ...
The Company's sole focus will be the Abu Marawat Concession ("Abu Marawat" or the "Concession"), and its flagship Hamama Project ("Hamama"), where Aton has drilled a total of 96 diamond drill holes in 9,704 metres. On August 28, the Company completed ...

Klondike Gold Closes $1.17M Private Placement; Tara Christie Joins Board
The net proceeds of ~$1.4M raised through the Financing and concurrent warrant exercise will be used for exploration and development of Canadian mineral properties including an expanded drilling program at the Company's Klondike gold property and for ...

Arizona Mining Reports Best Hole to Date at Taylor Deposit
Arizona Mining Inc. (AZ) ("Arizona Mining" or the "Company") is pleased to announce the results of HDS-361 from its current program targeting the expansion of the Taylor Zn-Pb-Ag sulfide deposit located on its 100% owned Hermosa Project in Santa Cruz ...

Royal Nickel Corporation Announces Business Name Change to RNC Minerals
RNC's principal assets are the producing Beta Hunt gold and nickel mine in Western Australia, the Dumont Nickel Project located in the established Abitibi mining camp in Quebec and a 30% stake in the producing Reed copper-gold mine in the Flin Flon ...

#Mining News: #SilverCrest (TSXV: $SIL.V) Announces Further Drill Hole Results From Las Chispas Project; Confirms ...
The Company believes this fault bound corridor, in both the William Tell and Las Chispas Veins, may be a mineralizing control for a potential high grade zone in both of the vein systems.

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