VANCOUVER, Nov. 23 /PRNewswire-FirstCall/ - Norwood Resources Ltd. (the "Company") announces that the Company will drill a second sidetrack well at San Bartolo, Nicaragua. The first sidetrack well, SB-1X is considered too degraded for adequate testing of the principle hydrocarbon targets. The hole stability was compromised during low pressure nitrogen lift operations, when borehole pressures fell below formation strength resulting in hole collapse problems. Rather than risk the testing of SB-1X under these conditions, the Company has decided to drill another sidetrack utilizing available equipment presently at the well-site. ...
TORONTO, Nov. 23 /PRNewswire-FirstCall/ - ROMARCO MINERALS INC. (TSXV: R) (the "Company") is pleased to provide an update of recent assay results from the on-going drill program at the Haile Gold Mine, in South Carolina. The interim results of the 2009 drill campaign demonstrate that step-out drilling continues to identify additional gold mineralization at Haile and that the mineralized zone remains open in all directions and at depth. Select drill result highlights are in the table below with full interim drill results in the table following. Holes with an asterisk denote they were not included in the recently announced October 2009 resource update. ...
TORONTO, Nov. 23 /PRNewswire-FirstCall/ - Bontan Corporation Inc. (Bontan) (OTCBB:BNTNF) is pleased to announce that it has acquired, through its wholly owned subsidiary, an indirect 71.63% working interest in two drilling licenses and one exploration permit in the Levantine Basin, 40 kilometers off the West coast of Israel in the eastern Mediterranean ("Project Assets"). Petroleum License 347 ("Mira") and Petroleum License 348 ("Sarah") cover approximately 198,000 acres (803 sq. kilometers), and Petroleum Preliminary Permit 199 ("Benjamin"), covers approximately 461,000 acres (1,865 sq kilometers). ...
VANCOUVER, Nov. 23 /PRNewswire-FirstCall/ - Entree Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - "Entree" or the "Company") announces that it has received ZEUS induced polarization (IP) survey results which cover the Company's Heruga deposit along with preliminary results from surveys over the Hugo North Extension deposit. The survey was designed to further test the full extent of the chain of deposits associated with the Oyu Tolgoi mineralized trend, which currently continues along strike for over 12 kilometres. ...
VANCOUVER, Nov. 20 /PRNewswire-FirstCall/ - Iron Creek Capital Corp. (TSX-V: IRN) is pleased to report the drilling results from the Vaquillas Prospect which is part of the Victoria Joint Venture with Hochschild Mining Holdings Ltd. ("Hochschild"). Hochschild completed 14 holes for a total of 3,869 meters. These results together with drilling results from Mena Resources Inc. (2005) and Minera Rayrock (1994) suggest that the Vaquillas Prospect has potential for high-grade gold/silver veins, as well as bulk-tonnage low-grade gold/silver mineralization. ...
TORONTO, Nov. 19 /PRNewswire-FirstCall/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) is pleased to report newly obtained assay results of completed drill holes from the Company's Eagle's Nest deposit at the McFauld's Lake Property located within the Ring of Fire mineral district. The results are from the ongoing drilling, which continues to expand and define the extents of the mineralization at Eagle's Nest. ...
COVINGTON, Ky., Nov. 19 /PRNewswire-FirstCall/ -- James J. O'Brien, chairman and chief executive officer of Ashland Inc. (NYSE: ASH), will participate in the J.P. Morgan SMid Cap Conference in New York City on Wednesday, Dec. 2, 2009, at 10:15 a.m. EST. ...
TORONTO, Nov. 19 /PRNewswire-FirstCall/ - Rubicon Minerals Corporation (RMX.TSX: RBY.NYSE-AMEX) is pleased to provide a further update of drill results from its 100%-owned Phoenix Gold Project, located in the heart of the prolific Red Lake Gold District of Ontario. New results continue to expand the F2 Gold system, where 91,100 metres of drilling have been completed to date (see news releases since March 12, 2008 and www.rubiconminerals.com for details). The current drill program is testing a 1200-metre by 1600-metre target area, and is referred to as the '9X drill plan'. Significant new results are summarized below and all new results are presented in Table 1 and Figures 1 and 2. ...
NEW YORK, Nov. 19 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today provided investors with a comprehensive report on the Company's global operations, including a review of strategic plans to achieve profitable growth and competitive returns for shareholders. ...
TORONTO, Nov. 19 /PRNewswire-FirstCall/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) is pleased to report newly obtained assay results of completed drill holes from the Company's Eagle's Nest deposit at the McFauld's Lake Property located within the Ring of Fire mineral district. The results are from the ongoing drilling, which continues to expand and define the extents of the mineralization at Eagle's Nest. ...
CALGARY, Nov. 18 /PRNewswire-FirstCall/ - MegaWest Energy Corp., (the "Company" or "MegaWest"), provides an update of operations on its Marmaton River ("Marmaton") and Grassy Creek (Grassy") steam injection - heavy oil production Projects in the Deerfield Area of western Missouri, USA. ...
HOUSTON, Nov. 18 /PRNewswire-FirstCall/ - Enhanced Oil Resources Inc. (TSX-V: EOR) today announced the results of its October 1, 2009 Reserves Reports as prepared by Cawley, Gillespie & Associates Inc. (CGA), its independent petroleum engineer. ...
VANCOUVER, Nov. 18 /PRNewswire-FirstCall/ - Kimber Resources Inc. (NYSE AMEX:KBX, TSX:KBR) is pleased to announce a new, upgraded mineral resource estimate for the Carmen Deposit at its 100% owned Monterde project, located in Mexico's Sierra Madre mining district. This estimate defines a high grade gold-silver mineral resource with improved metallurgical recoveries, which lies within an overall significantly larger, lower grade mineral resource. This new mineral resource estimate is based on 587 drill holes and 329 metallurgical tests completed to date, and has been created after a thorough geological and metallurgical review. The base case high grade mineral resource estimate is tabulated below, while additional details follow later in this release. ...
VANCOUVER, Nov. 18 /PRNewswire-FirstCall/ - Norwood Resources Ltd. (the "Company") announces that it has completed logging and has commenced testing of the San Bartolo-1X ("SB-1X") sidetrack. ...
CALGARY, Nov. 17 /PRNewswire-FirstCall/ - Diaz Resources Ltd. (TSX: DZR) is pleased to announce that the Lloyd 102/06-18-48-1 W4 well, which is the second well in its Lloydminster development program, started production on November 9, 2009 and is currently producing 120 Bopd (60 Bopd net). Diaz is the operator and holds a 50% working interest in this well. ...
