Latest Drilling Stories

QUESNEL, BC, Aug. 17 /PRNewswire-FirstCall/ - Richfield Ventures Corp. (TSX.V:RVC) ("Richfield" or the "Company") is pleased to announce that a second drill has begun drilling on its 100% owned portion of the Blackwater Gold Project. The second drill on BW 74 was collared 200m east of previously drilled BW64 ((267 metres of 1.57 g/t Au, including 32 metres of 5.46 g/t Aug. (see NR July 26, 2010)). The drill is testing southeastward gold continuity on the 100% owned portion of the project....

HALIFAX, Canada, June 30, 2010 /PRNewswire-FirstCall/ -- Gammon Gold Inc. ("Gammon") (TSX:GAM and NYSE:GRS): Gammon is pleased to announce that its aggressive 2010 drill program is well under way at Ocampo and Guadalupe y Calvo. Drilling at Guadalupe y Calvo has identified a bonanza grade intercept of 1.1 metres 63.39 grams per tonne gold equivalent using a gold-to-silver ratio of 55:1. At Ocampo and Guadalupe y Calvo the Company has completed 52,681 metres of the planned 75,800 metre...

VANCOUVER, May 19 /PRNewswire-FirstCall/ - Golden Peaks Resources Ltd. (TSX: GL) (the "Company") is pleased to report assays for hole LF-144 drilled on the T-11 zone of its La Fortuna Gold Project, Argentina. ------------------------------------------------------------------------- From Gold Silver Hole # (m) To (m) Interval (m) g/t g/t EOH (m)...

TORONTO, May 10 /PRNewswire-FirstCall/ - Galway Resources Ltd. (GWY: TSX-V) is pleased to announce that it has received assay results for drill holes GWY-08, GWY-09 and approximately half of GWY-10 in the first phase of its diamond drill exploration program on its Pie de Gallo property in the California district of Colombia. Of note is that drill hole GWY-10 intercepted 89.0 meters (m) grading 3.2 grams per tonne gold (g/t Au), including 9.0 m of 23.1 g/t Au, and including 3.0 m of 50.0 g/t...

ATIKWA LAKE AU-CU, ON, April 23 /PRNewswire-FirstCall/ - Opawica Explorations Inc. (TSX.V: OPW / OTC: OPWEF / FRANFURT: OE5A)("Opawica" / the "Company") announces drill hole results from the first hole of a six hole program at the Company's 100% owned Atikwa Lake property located near Kenora, Ontario. A total of 4 holes have been drilled to date under the current program consisting of about 2200m of drilling. All holes are mineralized with intermittent pyrrhotite and chalcopyrite throughout...

VANCOUVER, April 22 /PRNewswire-FirstCall/ - Focus Ventures Ltd. (TSX-V: FCV.V) has received the results from the latest 4 holes of the Company's drill program on its Nueva California project. Results from the first 10 holes of the second phase drill program were reported on March 30, 2010. Drillholes were collared on a 100m spaced grid within the lower mine workings. All holes were drilled at bearing of 060 degrees to the northeast and at 45 degrees inclination. Average hole depth was...

TORONTO, April 15 /PRNewswire-FirstCall/ - Galway Resources Ltd. (GWY: TSX-V) is pleased to announce that it has received assay results from the first seven drill holes from the first phase of diamond drill exploration on its wholly-owned Pie De Gallo property in the California area of Colombia. Three of the seven drill holes have significant intercepts of approximately 30 grams of gold per tonne (g/t Au). Moreover, as Table 1 on page 2 shows, there were 21 notable intercepts of gold...

VANCOUVER, April 14 /PRNewswire-FirstCall/ - Golden Peaks Resources Ltd. (TSX: GL) (the "Company") is pleased to report assays for hole LF-143 drilled on the T-11 zone of its La Fortuna Gold Project, Argentina. ------------------------------------------------------------------------- Hole # From (m) To (m) Interval Gold g/t EOH (m) (m)...

VANCOUVER, March 22 /PRNewswire-FirstCall/ - Golden Peaks Resources Ltd. (TSX: GL) (the "Company") is pleased to report assays for hole LF-142 drilled on the T-11 zone of its La Fortuna Gold Project, Argentina. ------------------------------------------------------------------------- Hole # From (m) To (m) Interval Gold g/t Hole Depth (m) (m)...

TORONTO, March 22 /PRNewswire-FirstCall/ - Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX:DM.U) today announced new assays for the first hole drilled in the 2010 Winter Drilling Program on the Nokomis Deposit, Ely Minnesota. To date, nine holes have been drilled, with assay results having been received for one hole. Hole MEX-158, has intersected 70.0 feet of 1.189% copper, 0.328% nickel, 3.6 g/t silver and 1.404 grams per tonne (g/t) Total Precious Metals (TPM =...