Dalradian Reports Positive PEA for Curraghinalt Project

Dalradian Resources reported in late July 2012 positive results from a preliminary economic assessment (PEA) for a proposed underground mine at its wholly-owned Curraghinalt gold deposit in County Tyrone, Northern Ireland.

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Boliden Studying Further Aitik Expansion

Boliden has launched a pilot study for a new expansion at its Aitik open-pit copper mine in Sweden’s far north and is also investigating a new copper discovery, Laver, in Norrbotten, Sweden. Preliminary estimates have classified the Laver deposit as an exploration result and not yet as a mineral resource.

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AEM Enters JV on Finland’s Hanhimaa Project

Dragon Mining signed a Letter of Intent with Agnico-Eagle Mines Ltd. (AEM), whereby AEM can earn up to a 70% interest in the Hanhimaa gold project with the staged expenditure of €9 million over six years. The Hanhimaa project is located in northern Finland and covers portion of the highly prospective Central Lapland Greenstone Belt. The 360.2 km2 near contiguous holding encompasses the north-south trending Hanhimaa Shear Zone, 10 km west of AEM’s Kittila gold mine.

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Tournigan Reports Positive PFS for Kuriskova

Tournigan Energy reported in late January 2012 that it has received a positive preliminary feasibility study (PFS) on its flagship Kuriskova high-grade uranium deposit in Slovakia from Tetra Tech. The PFS states that the project would be best developed as an underground mine using conventional mining and processing methods. The mine plan is based on underhand drift-and-fill mining, utilizing a roadheader as the primary production method and assuming an external dilution (over break) of 5% at a grade of 0.03% U.

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