Toronto, Ontario and St. Johns Newfoundland and Labrador June 29thth, 2009EagleRidge Minerals Ltd (ERM) is pleased to announce that field exploration crews have been mobilized from the Manitoba sites to the Newfoundland project sites. Field exploration work was performed on the Baie Verte area. The crews are now working on the St. Julien’s exploration project. Both project areas offer great opportunity for the discovery of gold and base metals mineralization.The company has assembled a 12 per... Read Full Story
Give me a cabin in the woodsWhere not a human soul intrudes;Where I can sit beside a streamBeneath a balsam bough and dream,And every morning see ariseThe sun like bird of paradise;Then go down to the creek and fishA speckled trout for breakfast dish,And fry it in an ember fire -Ah! there's the life of my desire.Alas! I'm tied to Wall Street whereThey reckon me a millionaire,And sometimes in a day aloneI gain a fortune o'er the 'phone.Yet I to be a man was made,And here I ply ... Read Full Story
At a time with when paintings of doom and gloom scenes have more value than the earth's precious minerals and certainly have more value than the stock of many of the public traded companies. Good news is often needed to help us realize that all is not lost in the cow patty pile - otherwise known as the stimulated economy and troubles of today - that we accept as the rule of our times.Good news is a rare commodity in our industry, in our times and in our situations, so when good news when ... Read Full Story
To say that prospecting and mineral exploration is embracing technology is perhaps an understatement when we consider the news that a breakthrough project is moving forward in New Guinea to mine the ocean floor. Well black smokers anyway.Scientists have documented concentrations of metals found near some of the hydrothermal vents, nicknamed "black smokers" because they act like underwater chimneys, or conduits in the earth's spreading plates allow sea water to seep into the eart... Read Full Story
Reproduced from the Northern Miner - From a speech delivered in 1938 by William Sulzer, a former governor of New York.The prospector is the most useful man to commerce and the most valuable man of civilization. Political economists tell us that next to agriculture, mining is the next greatest industry. This is true from the viewpoint that if our soil were untilled, famine would stalk the land. From a monetary standpoint, however, the mining industry is the greatest in the world. The truth of ... Read Full Story
Was just reading Jim Sinclair Oct 24th.Here is a quote: Gold is a currency.Paper currency insures nothing.Gold is insurance.Gold is not a commodity.Gold will trade at a minimum of $1650 MUCH SOONER THAN I HAVE ANTICIPATED.The shorts in gold shares will get what they deserve - financial decimation.Your friend,JimI like this type of thinking. Makes a prospector want to head back out to the claims and find some more. Happy Hunting. Read Full Story
What Bear are we talking about? Well it’s the Bear market. A stage in the stock market where we become more like the conservative Bear rather than a Bull set on making forward movements. A bear market is defined as a drop of 20% or more from a previous high, so many think that the [...] Read Full Story
Mustang Minerals Corp recent achievements makes it one of very few Canadian Junior nickel company’s with a completed National Instrument 43-101 prefeasibility study. This is a very positive achievement for both the company and the Manitoba Mining industry. Mustang continues to advance its projects in well organized and detailed manner, with close attention being paid [...] Read Full Story
June 30 2008
Canadian base metals and gold miner Halo Resources said that it has discovered more zinc and copper deposits at its Sherridon Bob Lake mine than originally thought.
Halo Resources said that its drilling at the Manitoba based mine uncovered a major massive sulphide deposit with widths of over 75 meters and a thickness ranging [...] Read Full Story
In a recent Winnipeg Free Press story Hugh Wynne chairman of San Gold Corporation is quoted as saying that “everybody in the gold business” seems to be taken up with mergers and acquisitions as the way to boost inventory. The result, has been very little exploration.”Personally, I think it’s a big mistake,” “What we believe [...] Read Full Story