Articles Tagged "nevada"

Pilot Gold and Nevada Sunrise Find New Zone at Kinsley Mountain

Gold – Tuesday was a good day for Pilot Gold and Nevada Sunrise Gold. The companies released initial drill results from their 2015 drill program at the Nevada-based Kinsley Mountain project, noting that they've discovered a new zone. Drill highlights include 2.34 g/t gold over 9.1 meters and 3.46 g/t gold over 18.3 meters, including 13.7 g/t gold over 3 meters

Quaterra Resources Moving Ahead with Support from Freeport

Copper – Last year, Quaterra Resources inked a deal with Freeport-McMoran Nevada for an option agreement worth up to US$138 million for its projects in the Yerington district of Nevada. On Monday, the company announced that Freeport Nevada has completed Stage 1 of the agreement and has committed to moving to Stage 2.

Integrated Feasibility Study for Nevada Copper’s Pumpkin Hollow Cuts Out ~$300 Million in Capex Requirements

Copper – Nevada Copper hit another milestone at Pumpkin Hollow on Thursday. The company updated the feasibility study for the project, and Joseph Gallucci of Dundee Capital Markets believes that the integrated approach will reduce capital requirements by roughly $300 million relative to an earlier staged development plan.

Pure Energy Minerals Expands MOU with POSCO

Lithium – Pure Energy Minerals announced that it has signed an expanded non-binding memorandum of understanding (MOU) with Korean Steelmaker POSCO. The new document expands the scope of an MOU signed last March to include other considerations such as the development of business relationships with potential customers and "consolidation with other lithium development properties/lithium producers."