Golden Dory Resources says it is increasing its stake in the Gabbro Lake iron ore deposit in Canada's Labrador Trough.
China's push to diversify its supplies away from the big three iron ore miners is propelling development that will transform Canada's Nunavut/Labrador Trough into a world-class iron ore region.
Mountain Lake Resources Inc. (TSX-V: MOA.V – News)(Pink Sheets: MLKRF)(“Mountain Lake” or the “Company”) is pleased to report the completion of the initial National Instrument (NI) 43-101 resource estimate by P&E Mining Consultants Inc. (“P&E”) of Brampton, Ontario for the Lunch Pond (“LP” or the “Lunch Pond Deposit”) area of its 100% owned Glover Island Gold Property (the “Property”) in western Newfoundland.
Alderon Iron Ore Corp saw a 2% bump in its stock price Friday on news that the Canadian iron ore junior has inked a CAD$194 agreement with China's largest steel producer.
Marathon Gold and Mountain Lake Resources hinted at resource growth with a new series of high-grade drilling results from the Leprechaun deposit in Newfoundland.
Labrador Iron Mines Holdings Limited (TSX: LIM) is pleased to announce that it has received environmental approval and project release from the Government of Newfoundland and Labrador for its Houston iron ore mining project in Western Labrador.
Labrador Iron Mines Holdings Limited (TSX:LIM) is pleased to announce that the first shipment of LIM iron ore sailed today bound for China.
The Inuit government of Labrador says it will review a 2008 moratorium on uranium mining that it brought in to protect the environment, The Winnipeg Free Press reported, with the Nunatsiavut Assembly voting last night to review the legislation imposing the moratorium on mining, production and development of uranium on Inuit lands.
The moratorium was imposed on concerns over the environmental effects of uranium mining including low-level emissions produced from tailings. If a government committee recommends that the moratorium be lifted, legislation would be put forward to remove the restriction, says The Free Press. A report is expected by December.
TerraX Minerals Inc. reports that it has completed the first hole of the current drill program on its Stewart gold-copper property, Newfoundland.
Tawsho Mining Inc. (TAW.V) is now surging 32%, hits a new year high of about 37 cents earlier, after announcing results from its summer 2011 drill campaignon its Whisker Valley Gold Project.
Newfoundland-based Altius Minerals has expanded its exploration agreement with number-one US iron-ore miner Cliffs Natural Resources to include a new project in northern Labrador, it said on Monday.
Image of serpentinized ultramafics with Cr pods in the Pipestone Pond area, by Altius Minerals
Crosshair Exploration & Mining Corp. (CXX – TSX, CXZ – NYSE – Amex) said this week that drilling has commenced at both the CMB Uranium/Vanadium Project and the CMB Joint Venture ("CMB JV") Uranium Project located in central Labrador, Canada. …
Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) announced the addition of Mr. Tayfun Eldem, P.Eng. as the President and Chief Executive Officer of the company effective September 7, 2011, at which time Mr. Mark J. Morabito will assume the role of Executive Chairman and Mr. Stan Bharti will assume the role of Vice Chairman.
Champion Minerals Inc. (TSX:CHM)(FRANKFURT:P02) announced assay results from the Attikamagen Project, which is wholly-owned by Champion and under option to Century Iron Mines Corp. and is located in north-eastern Quebec and western Labrador, near the town of Schefferville, Quebec. The 2011 winter drilling program focused on several potential taconite and direct shipping ore ("DSO") targets near Hayot Lake, Quebec and Joyce Lake in western Labrador. Century Iron completed over 2,000 metres of combined diamond and reverse circulation ("RC") drilling and are continuing the current phase of drilling which is expected to be completed by December 2011.
Cornerstone Capital Resources of Mount Pearl, NL, and joint venture partner Thundermin Resources of Toronto are pleased with the increased resource estimate for their Little Deer copper project 10 km north of Springdale.
Alderon Resource Corp. (TSX.V: ADV) (OTCQX: ALDFF) is pleased to announce that its summer/fall 2011 drill program has commenced at the 100% owned Kamistiatusset (“Kami”) Iron Ore Project in western Labrador. The CDN $11 million program will consist of 26,000 metres (m) of drilling and is designed to upgrade the current resource as well as expand the known zones of mineralization and target new areas.
Image by Alderon Resource Corp
Labrador Iron Mines Holdings announced that it has signed a landmark Impact Benefits Agreement with the Nation Innu Matimekush-Lac John of Schefferville, Quebec, with regard to LIM's Schefferville Area direct shipping iron ore mining projects in the Province of Newfoundland and Labrador and in the Province of Quebec.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.