Mundoro Announces Earn-in Agreement with Vale for Exploration of Four Serbian Timok Licenses

MINEX Forum | October 8, 2019
img0 Mundoro Capital Inc. announces it has entered into an earn-in agreement (“Agreement”) with Vale Canada Limited (“Vale”), in which Mundoro has granted to Vale an option to earn-in to four of Mundoro’s exploration licenses: Sumrakovac, Osnic, Dubrava and Padina (the “Vale-Mundoro Projects”) located within the Timok Magmatic Complex (“Timok”) in Serbia. Timok is one of ...

Eurasia Mining believes flanks area can boost Monchetundra resource ‘severalfold’

MINEX Forum | September 27, 2019
img0 The area between the Loipishnune and West Nittis deposits is also seen as having significant potential. Eurasia Mining PLC – Eurasia Mining believes flanks area might boost Monchetundra resource ‘severalfold’ Eurasia Mining PLC (LON:EUA) has applied to explore another chunk of acreage within the Monchetundra project licence area in Russia. Development of a 2mln ounce ...

A look at the prospects of Raiden Resources in Serbia

MINEX Forum | August 25, 2019
img0 Cooper-gold exploration company, Raiden Resources, operates in Eastern Europe. Its tenements are located in Serbia & Bulgaria, which remains a low cost, mining friendly jurisdiction with relatively underexplored areas.  The company has a market capitalisation of ~A$3.69 million, with approximately 410.43 million shares outstanding. On 20 August 2019, the company released a presentation titled ‘Growth ...

Lydian Provides Responses to Environmental Audit Recommendations

MINEX Forum | August 19, 2019
img0 Lydian International Limited (TSX: LYD) (“Lydian” or the “Company”) announced today that it has provided the Special Investigative Committee of the Republic of Armenia with responses to the recommendations contained in the report prepared by Earth Link & Advanced Resources Development on its audit of environmental aspects of the Amulsar Project (the “Audit Report”). Copies ...

Kazakh-British joint venture to explore a series of partially studied reserves in Kazakhstan

MINEX Forum | August 1, 2019
img0 This year the national exploration company Qazgeology JSC and Astra Mining Ltd signed a cooperation agreement to explore a series of partially studied reserves in the upcoming years. Astra Mining Ltd, one of the first companies to be registered at the Astana International Finance Centre, is a Kazakh – British exploration mining company based in ...

Orsu Metals begins drilling as part of 2019 exploration program at Sergeevskoe Gold Project, Russia

MINEX Forum | July 15, 2019
img0 Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) is pleased to announce the commencement of the 2019 exploration season at its Sergeevskoe Property, Zabaikalskiy Krai, Russian Federation. Highlights: Drilling, as Stage 1 (3,500 meters of drilling) of the 2019 exploration programme, started at Zone 23 to be continued at Peak Klyuchi, Kozie and Klyuchi ...

Exploration kicks off at Central Asia’s largest tin field in North Kazakhstan

MINEX Forum | July 8, 2019
img0 Tin One Mining, the mineral exploration and development company co-owned by Lancaster Group and Samruk Kazyna Invest, has started exploration at Central Asia’s largest and Kazakhstan’s only tin field in Syrymbet village in the North Kazakhstan Region. Syrymbet is the world’s largest undeveloped tin and complex rare earth polymetal deposit. It was discovered in the ...

Velocity gains another Bulgaria gold option

MINEX Forum | June 13, 2019
img0 Canadian exploration and development company Velocity Minerals has signed an option agreement with Bulgaria’s Gorubso Kardzhali to acquire 70% of the 388-hectare Momchil property in southeast Bulgaria, which includes the Obichnik gold project. Under terms of the agreement, Velocity needs to deliver a NI 43-101 resource estimate to earn its stake. Velocity said the deposit ...

Alba Mineral Resources Plc raises funds for mine exploration programmes in Greenland and Ireland

MINEX Forum | June 6, 2019
img0 The injection of capital will support work programmes across three mining projects – in Greenland, Wales and Ireland respectively. Alba Mineral Resources plc. has raised £500,000 of new capital to support the maiden drill programme at the Amitsoq graphite project in Greenland. Funds will also be directed to ongoing operations at the Clogau gold project ...