Strike Minerals Inc
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GOLD EXPLORATION: Edwards No.1 zone returns values up to 69 g/t
ONTARIO – Toronto-based Strike Minerals has encountered gold values up to 69 g/t Au during its underground exploration and development program at the Edwards mine 50 km northeast of Wawa.
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GOLD DEVELOPMENT: Strike Minerals secures Edwards mine financing
ONTARIO – Waterton Global Value and Strike Minerals of Toronto have agreed to terms giving Strike $3.5 million with which to bring the Edwards gold mine near Wawa into production. Strike will repay the loan between March 2013 and February…
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MINING PEOPLE IN THE NEWS: Fairmont Resources, Galantas, Kilo Goldmines, Nuinsco/Ocean Partners, Oracle Mining and Strike Minerals
Vancouver’s Fairmont Resources has named Neil Pettigrew its president and CEO replacing John Bevilacqua. Both men will sit on the company board of directors. Pettigrew is the holder of both a geology degree from the University of New…
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MINING PEOPLE IN THE NEWS: First Nickel, Malaga, New Millennium Iron, Orvana, Strike Minerals and Suncor
First Nickel of Toronto has hired Sean J.F. Samson as its new VP and head of corporate development. He is a veteran of Kinross, and other global ventures, the most recent of which was at Pulse Energy. Samson received an AB from Harvard…
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GOLD EXPLORATION: Strike to dewater Edwards mine
ONTARIO – Strike Minerals of Toronto is dewatering the former Edwards gold mine near Wawa. The company said mobilization was 90% complete to date. Equipment has been delivered, the camp repaired, and electrical power restored.