Latest Oyuu Tolgoi Stories
LONDON, United Kingdom, July 30, 2012 /CNW Telbec/ - Rio Tinto acquired 133,571,192 common shares under Ivanhoe's rights offering at a total cost of US$934,998,344 or US$7.00 per share. The purchase represents approximately 51 per cent of the common shares offered under the rights offering. The rights offering, which closed today, was fully subscribed. Prior to the completion of the rights offering, Rio Tinto owned 377,397,658 common shares of Ivanhoe representing...
THIS PRESS RELEASE CANNOT BE SENT, TRANSMITTED OR OTHERWISE DISTRIBUTED IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT IS IMPERMISSIBLE TO DO SO LONDON, United Kingdom, April 18, 2012 /PRNewswire/ - Rio Tinto and Ivanhoe Mines Ltd. (Ivanhoe) have signed an agreement under which Rio Tinto has agreed to support and provide certain elements of a comprehensive funding package for Ivanhoe that will underpin the development of the Oyu Tolgoi copper-gold mine in...
TSX-V: TXR Frankfurt: TX0 VANCOUVER, Sept. 14, 2011 /PRNewswire/ - TerraX Minerals Inc. (TSX.V: TXR; Frankfurt: TX0) has completed the second hole of the current drill program on its wholly-owned Stewart gold-copper property in Newfoundland. The first hole (ST11-01) intersected an extensive porphyry style alteration zone with significant sulphides over 433 m (see our news release of August 25, 2011). The second hole (ST11-02) was collared 1.7 km northeast of ST11-01 along...
TSX-V: TXR Frankfurt: TX0 VANCOUVER, Aug. 25, 2011 /PRNewswire/ - TerraX Minerals Inc. (TSX.V: TXR) (Frankfurt: TX0) has completed the first hole of the current drill program on its wholly-owned Stewart gold-copper property in Newfoundland. This drill hole intersected an extensive porphyry style alteration zone with significant sulphide over 433 metres (m). Drilling is continuing on the Stewart property as part of an anticipated 2,500 m drill program (see news release of...
TSX-V: TXR Frankfurt: TX0 VANCOUVER, Aug. 15, 2011 /PRNewswire/ - TerraX Minerals Inc. (TSX.V: TXR) (Frankfurt: TX0) has commenced drilling on its wholly-owned Stewart gold-copper property in Newfoundland. The property features an east-northeast striking, 6 km long by up to 1.4 km wide epithermal to porphyry style alteration zone with extensive low grade gold-copper mineralization, of which less than 15% has been drill and trench tested. The target type for the Stewart...
Highlights: -- A sample from the Forty Creek showing ran 13.3 g/t Au, 670 g/t Ag and >0.5% Pb; other samples in this area assayed up to 1.03% Zn; -- Structural study confirms the east-northeast plunge to the large (6 km by 1.4 km) hydrothermal alteration zone; -- Alteration mineralogy study notes the presence of high temperature alteration minerals topaz and diaspore, defines possible vectors...
VANCOUVER, March 17 /PRNewswire-FirstCall/ - Entrée Gold Inc. (TSX: ETG) (NYSE AMEX: EGI) (Frankfurt: EKA) ("Entrée" or the "Company") announces that the Entree and Oyu Tolgoi LLC joint venture ("Entree-OTLLC Joint Venture") has budgeted US$7 million for exploration and development work on the joint venture ground ("Entree-OTLLC JV Ground") within the Lookout Hill Property, Mongolia. The work program for 2011 includes a combination of exploration and geotechnical drilling...
VANCOUVER, March 14 /PRNewswire/ - Entrée Gold Inc. (TSX:ETG) (NYSE AMEX:EGI) (Frankfurt:EKA) ("Entrée" or the "Company") comments on the recent news release by Ivanhoe Mines announcing the presence of a new zone of shallow copper-molybdenum-gold mineralization just north of the Entrée - Oyu Tolgoi LLC ("OTLLC") joint venture ground in Mongolia. Ivanhoe Mines Ltd. (IVN: NYSE, NASDAQ & TSX - "Ivanhoe Mines") announced the presence of the new zone of mineralization...
VANCOUVER, March 10 /PRNewswire-FirstCall/ - Entrée Gold Inc. (TSX:ETG; NYSE Amex:EGI; Frankfurt:EKA - "Entrée" or the "Company") is pleased to announce the addition of Mr. Alan Edwards to its Board of Directors. Mr. Edwards has 28 years of diverse mining industry experience. He is a graduate of the University of Arizona, where he obtained a Bachelor of Science Degree in Mining Engineering and an MBA (Finance). Mr. Edwards is currently the President and Chief...
VANCOUVER, Jan. 21 /PRNewswire-FirstCall/ - Entree Gold Inc. (TSX:ETG; NYSE AMEX:EGI; Frankfurt:EKA - "Entree" or the "Company") is pleased to announce that it has appointed Bruce Colwill, C.A. as its Chief Financial Officer effective February 1, 2011. "We welcome Bruce to Entree, and look forward to a long and productive relationship with him," commented Greg Crowe, Entree's President & CEO. "Bruce will be an integral part of our executive team as we advance our...
