Uranium Exploration Program Expanded

Source: CBC News (6/22/05)

Two mining exploration companies, including Altius and Fronteer Development Group, will spend $5 million looking for uranium in northern Labrador this summer, according to a report filed by CBC News.

Two mining exploration companies, including Altius and Fronteer Development Group, will spend $5 million looking for uranium in northern Labrador this summer, according to a report filed by CBC News. Newfoundland-based Altius owns mineral rights southwest of Postville. Its partner, B.C.-based Fronteer Development Group, will drill five different uranium targets, says Rick Valenta, Fronteer's vice-president of exploration. "We've been doing work in the central mineral belt around Postville and Makkovik for a couple of years now, and we've got to the stage where we really want to do a significant program that's going to test some of the good targets we had come up with," Valenta says. "This deal really puts the mechanism in place for us to get that exploration done." The drilling will happen in an area that is included within the Labrador Inuit Association's land claims settlement. Valenta says an Inuit-owned company was recently hired to conduct the environmental monitoring for the drilling program.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."