Atna Resources Ltd. has yet to define the limits of its Reward gold deposit in Nye County, Nevada, the company reported this morning. Drilling began in mid-September and 15 drill holes totaling 8,880 feet have been completed. Analytical results on the first seven drill holes include 65 feet grading 0.079 opt gold, 70 feet...
Molycorp Inc. plans to accelerate by about three months the initial start-up of its state-of-the-art rare-earth processing facility, now under construction at Mountain Pass, Calif., it said this morning. Accelerating the facility’s initial start-up will increase the company’s estimated 2012 production by about 3,500 tonnes, to 8,000 – 10,000 metric tons, and will enable...
Steele Resources Corp. has begun development of an underground drift at its Mineral Hill project near Pony, Mont., it said yesterday, with the goal of being on mineralized structure by the end of the year. Upon completion of the infrastructure, the company said, it is planning to begin mining activity with a targeted minimum...
Oracle Mining Corp. said this morning that additional assay drill results at its Oracle Ridge copper mine north of Tucson show additional high-grade copper mineralization. Of the 10 holes being reported today, seven intersected high-grade copper in areas extending beyond the previously known mineralization. Highlights include 24 feet of 3.09% copper in ODH006, 30 feet...
With results to date successfully expanding mineralization, the current step-out and expansion drilling program at Pumpkin Hollow in Nevada will now be increased from 20,000 to 50,000 meters, Nevada Copper Corp. said today. There are currently three drill rigs active at the Pumpkin Hollow project. Drill holes NC11-16 and NC11-17 were drilled in the...
Peabody Energy today earned the 2011 Director’s Award from the U.S. Department of the Interior for outstanding achievement in land and habitat restoration at the company’s former Big Sky mine in Colstrip, Mont. Interior’s highest honor, the Director’s Award is presented each year to one coal producer for demonstrating the best environmental practices in the...
Drilling at its Hasbrouck project in Nevada has expanded the main mineralized zones, Allied Nevada Gold Corp. said today. Results include 24 meters grading 2.1 gpt gold and 9 gpt silver, or 2.2 gpt gold-equivalent. The project is five miles south of Tonopah. Recent assay results indicate extension of the previously discovered higher-grade Saddle,...
Uranium Resources Inc. said today that the Nuclear Regulatory Commission reactivated its Source Materials License to conduct in-situ recovery uranium mining in McKinley County, N.M. The license, which was originally issued in 1998 to Hydro Resources Inc., Uranium Resources’ wholly-owned subsidiary, has been in timely renewal status since 2003. The reactivation effectively enables the use...
Revett Minerals Inc. said today that 3Q11 production from its Troy mine in northwestern Montana was 402,700 ounces of silver and over 3.28 million pounds of copper, a 45% increase in silver and 39% increase in copper over the same period last year and 18% increase in silver and 8% increase in copper from...
