Treasury Metals hires Tetra Tech for Goliath EIS

Jan 27, 2014

TREASURY METALS ENGAGES CONSULTANTS TO COMPLETE ENVIRONMENTAL IMPACT STATEMENT Treasury Metals Inc. has engaged Tetra Tech WEI Inc. to oversee completion of its environmental impact statement (EIS) on the Goliath gold project located in Northwestern Ontario. Since the issuance of the EIS guidelines by the Canadian Environmental Assessment Agency (see press release dated Jan. 21, 2013), Treasury Metals’ internal team has been active in the preparation of the EIS and will now work with...

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Orezone releases NI 43-101 Bombore PEA with 23% IRR

Jan 22, 2014

OREZONE ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT Orezone Gold Corp. has released the results of an independent preliminary economic assessment for its wholly owned Bombore gold project in Burkina Faso, West Africa. The base case financial model yields a robust after-tax internal rate of return of 23.9 per cent to Orezone with a mine plan optimized to deliver better grade in early years, revenues using a $1,250 gold price and current costs based on operations in the region. The...

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Treasury Metals starts drilling at Goliath

Jan 22, 2014

TREASURY METALS COMMENCES DRILLING PROGRAM AT GOLIATH GOLD PROJECT Treasury Metals Inc. has recommenced drilling at its flagship Goliath gold project located in Northwestern Ontario. The initial 10,000-metre program consists of infill and expansion drilling of the Main and C zones, further delineation of the new high-grade zone discovered in the C zone, and drilling of several targets on the recent Norman property acquisition. 2014 drilling program targets Drilling includes a number of targets...

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Cavan Ventures to drill Buckingham, Tetepiska-East

Jan 22, 2014

CAVAN PLANS TO DRILL AT THE TETEPISKA-EAST AND BUCKINGHAM GRAPHITE PROJECTS, QUEBEC AND ANNOUNCES FINANCING Cavan Ventures Inc. plans to perform diamond drilling programs at its 100-per-cent-owned Buckingham and Tetepiska-East graphite properties located in western and northeastern Quebec, respectively. Services de Forage DV (Jonquieres, Que.) has been engaged to carry out up to 2,400 metres of NQ core drilling on the two projects. Both programs will managed by Magnor Exploration Inc. (La Baie,...

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Coro Mining closes $1.02-million final tranche

Jan 22, 2014

CORO CLOSES SECOND TRANCHE OF PRIVATE PLACEMENT FINANCING Coro Mining Corp. has closed the second and final tranche of its previously announced non-brokered private placement of up to 22.5 million units at a price of 10 cents per unit to raise gross proceeds of up to $2.25-million. In the second tranche, 10,205,000 units were issued for gross proceeds of the company of approximately $1,020,500. Each unit comprises one common share of the company and one-half of a common share purchase warrant....

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