World Mining Exploration News

Gold mining company Ventana Gold Corp. announces drilling results from several holes that are targeted at a comparable structure MASCOTA zone La La Bodega on gold exploration projects in Colombia. 146 holes encountered 14.0 meters grading 14.18 grams per tonne gold, starting at a depth of 296.0 meters. The hole was drilled at minus 50 degrees inclination near the 9550 and found a significant new mineralized zone appears to contain high-quality parallel structure, hydrothermal breccias. It is located about 325 meters into the footwall and the main La southeast MASCOTA structure.

To ensure the sample is found to have gold content of gold ore a good Ventana has strict standardization of QA / QC program in place to monitor the chain-of-custody of samples and including the insertion of blank, duplicate, and certified reference standards in each batch of samples. (more…)

Gold mining company Staccato Gold Resources Ltd has announced that it has started drilling on the unexpected project, which is part of the Company’s highly prospective South Eureka property in Nevada.

A drilling rig arrived on site last week to launch early 2600 meters (8000 feet), a program that will target several new gold mining zone, and offset last year intercepted in hole 4 (5.25 g / t Au over 23 meters) . Grant Ewing, Staccato President and CEO stated, “We are very pleased to conduct testing of candidates widely and unexpected structural zone along strike and at depth. Staccato well funded to aggressively advance the exploration and assess the full potential of this highly prospective project. ”

Staccato continue researching aspects of geological, geochemical and drill hole database as a gold exploration plans to develop the optimal for the South Eureka property. The Company believes that there is excellent potential to increase the size of the defined gold resources at Lookout Mountain project, and to discover new gold deposits in the vast property. (more…)

As shown the world that economic growth is very fast, as well as the gold industry that has been explored by the company that is developing. Very high investor preference for companies with advanced-stage assets in secure jurisdictions. Companies with large assets in Mexico many countries who are interested to invest in gold mining areas of mining regulations for environment-friendly and promising geology.

Mexico is a country of a very good investment for the mining of gold, but also have many junior mining companies. Some of them have interesting assets in the mining area was established. Canadian Venture and Frankfurt listed Oroco Resource Corp. (TSX.V: OCO, Frankfurt: 0R6) recently announced preliminary results from Phase Two field program began last month in the Cerro Prieto project in Sonora, Mexico.

In the year 2009 exploration program results have confirmed extension of the mineralised zone at least 900 meters north of the previously described Oroco in 2008 by drilling and trenching program. (more…)