North America’s largest manganese mining company, Cia. Minera Autlan SAB, has reported larger than expected sales in the first quarter. The company’s share price has risen on the report and there is speculation that the company may issue a dividend this year despite last year’s revenue shortfall.
Uranium – International Montoro Resources reports the beginning of Phase 2 drilling on the its Serpent River property. More Core Drilling Ltd. commenced drilling on the property for an estimated 15 – 20 drill holes totalling approximately 3,000 meters. This 2nd Phase drilling is targeted to explore a new style of mineralization not previously recognized in the Elliot Lake area [...]
Belmont Resources and International Montoro Resources report the final 7 holes drill results from its Phase 1 Crackingstone property in the historic Uranium City/Beaverlodge mining camp which had historical production of over 70.5 million pounds of U3O8. In summary, the drilling resulted in the discovery of a new wide zone of uranium mineralization associated with the Boom [...]
Belmont Resources and International Montoro Resources report drill results from the Crackingstone property with intersection of 0.182% U3O8. The drilling program was planned to test a northeasterly trending electromagnetic conductor coincident with the Boom Lake Fault which hosts the Beck 94 mineralized zone where surface sampling returned 1.24% U3O8 in 2007. This drilling tested and confirmed the presence [...]
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