Excellon Resources Inc. (TSX: EXN) mineral resource company operating in Durango and Zacatecas States, Mexico, has announced the assay results for five recent holes at its Platosa Property. The drilled off hole in the northwest portion which is Hole LP773 has intersected a high-grade massive and semi-massive Sulphides reporting 817 g/t (24 oz/T) Ag, 12.41% [...]
Read the full article: "Excellon Announces Drilling Success at..."
Wednesday, May 26, 2010
Qiao Xing Universal Resources Inc. (XING), an emerging Chinese resources company headquartered in Huizhou, Guangdong Province, has announced that its wholly-owned subsidiary Chifeng Zhongtai Mining Co., Ltd. has signed a letter of intent with Chifeng Xingu Mining Co., Ltd., to acquire the 100% equity interest in Balinzuo Banner Xinyuan Mining Co., Ltd.. This is for [...]
Read the full article: "Qiao Xing Universal Acquires Balinzuo Banner..."
Tuesday, May 25, 2010
Meridian Minerals (ASX: MII) has announced that 14 diamond drill holes drilled at the Kapok West prospect, on the Lennard Shelf Project in Western Australia has landed the company into a high grade lead and zinc mineralization. Meridian’s Managing Director, Jeremy Read is quoted saying: “Today we have announced our highest ever grade intersection, of [...]
Read the full article: "Meridian Minerals Lands on High Grade Lead..."
Friday, May 21, 2010
Meridian Minerals (ASX: MII) has announced the assay results from its Kapok West prospect wherein a 14 diamond drill holes were drilled. As of this date, completed holes includes 31 holes are classified as infill holes. The infill holes has intersected stacked lenses of high grade, up to 30.5% combined lead and zinc. Meridian’s Managing [...]
Read the full article: "Meridian Drilling Hits High Grade of Lead..."
Thursday, May 20, 2010
Xtierra Inc. (TSXV – XAG) has reported that on May 17, drilling as part of a recently announced 5,000 metre program at Bilbao has been commenced. At this time approximately 40 holes will be completed by Intercore S. de R.L. de C.V. The press release is quoted saying: “VantageWire aims to increase the flow of [...]
Read the full article: "Xtierra Commences Bilbao Drilling of..."
Wednesday, May 19, 2010
ScotiaMocatta, a division of Scotiabank, has annouced that aside from precious metals, the company will now include financing for lead, copper, nickel, aluminum, and zinc. Barry Wainstein, Vice-Chairman and Deputy Head, Global Capital Markets, and Global Head, Foreign Exchange and Precious Metals is quoted saying: “Delivering exceptional client services is a cornerstone of our business [...]
Read the full article: "ScotiaMocatta to Include Base Metals"
Monday, May 17, 2010
Lead futures declined sharply on Monday, as risk adverse investors abandoned the volatile base metals market and headed for the safe haven investments such as gold.
Read the full article: "Lead Futures Take a Hit as Risk Averse..."
Thursday, May 13, 2010
Vedanta Resources Plc (VED.L) has confirmed the aquisition of Anglo American Plc’s (AAL.L) zinc assets, making it the world’s largest zinc and lead producer. The done deal is worth $1.34 billion Anil Agarwal, chairman of Vedanta is quoted saying: “These high-quality assets complement Vedanta’s existing portfolio, creating the largest zinc and lead producer in the [...]
Read the full article: "Vedanta Buys Anglo American Lead and Zinc..."
Thursday, May 13, 2010
Check back soon for profiles of leading lead companies.
Read the full article: "Coming Soon…"
Wednesday, May 12, 2010
Argent Minerals Lt. has made a decision to do a definitive feasibility worth A$1.1 million (US$1.0 million) on its Kempfield silver, lead and zinc project in New South Wales. Argent chairperson Kerry McHugh is quoted saying: “The scoping study results are very encouraging and, if they are confirmed by the DFS and lead to the [...]
Read the full article: "Argent Minerals’ Kempfield Feasibility..."
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Thursday, May 27, 2010