Preliminary Data Indicates Presence of Gold, Diamonds, and Bauxite in Equatorial Guinea
Sillenger Exploration Corp. an innovative and progressive mineral exploration and claims management company with experience in mining and Business Process Management in Africa, the historical geological and geophysical data for the Rio Muni region of Equatorial Guinea.
Preliminary assessment of the data shows a number of different sites in Rio Muni, which indicate the presence of minerals, especially gold, iron ore, diamonds, bauxite and colombo-tantalum. With the exception of some small-scale placer gold mining, the country has currently no commercial mining. The data were provided by the Ministry of Mines, Industry and Energy in advance of the airborne geophysical survey, which is expected to begin in July.
The upcoming research will contribute to the potential locations of visible deposits, and provide a more detailed reading of the underground structures.
As previously announced, Sillenger, through its relationship with African FCMI Global Inc and its affiliates, has a contract with the Government of Equatorial Guinea to an airborne geophysical survey of the Rio Muni region (27,000 square kilometers) of the conduct Equatorial Guinea, and 30 km from Continental Platform (4,500 square kilometers) from the Atlantic coast. Under the contract Sillenger (FCMI) will be granted exploration mining concessions, including oil and gas concessions, which are revealed by the survey. Read more
Mining Companies, Tibet Mineral Development To Develop Lithium Mining Project
Reported by Chinese news agency, Xinhua, mining company Tibet Mineral Development focus on developing lithium mining project in Salt Lake. Lithium mining project is estimated to have reserves of lithium carbonate to reach 2.4 million tons. The company plans to produce lithium carbonate in the first phase of 5,000 tons and the second phase of lithium production can reach 20,000 tons.
Tibetan mining company Mineral Development has hopes of becoming the largest lithium producer in China and became the main platform for restructuring the mining industry in Tibet.
Tibet Mineral Development Co is a mining company that has a 40 percent stake in mining company Shengyuan Mining Group Corporation. Mining company has several exploration projects of mining mineral resources. Read more
Mining lithium from geothermal ‘lemonade’ by Elsa Wenzel
If Simbol Mining’s plans work out, within a decade it will deliver one-fourth of the world’s increasing demand for lithium, used in batteries of hybrid and electric cars without creating waste or pollution.
The start-up eventually aims to mine more than 100,000 tons of lithium carbonate each year from geothermal sources. That’s more than the current annual market for the compound; the company expects demands for it to quintuple by 2013.
Current mining methods won’t provide enough for the future need for lithium-ion batteries, according to Meridian Read more
Sidon International Resources Corp.: Acquires 6591 Contiguous Acres in Stewart Mining Region of British Columbia
VANCOUVER, BRITISH COLUMBIA- SIDON INTERNATIONAL RESOURCES CORP. Sidon International Resources Corp. wishes to announce that it has entered into an option agreement with an arms length vendor to acquire 6 contiguous claim blocks consisting of 2668 hectares . These claims are in the vicinity of the recent discovery made by Decade Resources Ltd. and Mountain Boy Minerals on its Red Cliff property. Read more
Sidon International Resources Corp.: Acquires 6591 Contiguous Acres in Stewart Mining Region of British Columbia
VANCOUVER, BRITISH COLUMBIA-SIDON INTERNATIONAL RESOURCES CORP. Sidon International Resources Corp. wishes to announce that it has entered into an option agreement with an arms length vendor to acquire 6 contiguous claim blocks consisting of 2668 hectares . These claims are in the vicinity of the recent discovery made by Decade Resources Ltd. and Mountain Boy Minerals on its Red Cliff property. Decade Resources Ltd. and Mountain Boy Minerals recently announced drilling results of 7.3 grams per ton of gold across 28.3 metres and 5.78 grams per ton across 28.4 metres and 7.5 grams per ton gold across 32.5 metres. Read more
Sidon International Resources Corp.: Acquires 6591 Contiguous Acres in Stewart Mining Region of British Columbia
VANCOUVER, BRITISH COLUMBIA- SIDON INTERNATIONAL RESOURCES CORP. Sidon International Resources Corp. wishes to announce that it has entered into an option agreement with an arms length vendor to acquire 6 contiguous claim blocks consisting of 2668 hectares . These claims are in the vicinity of the recent discovery made by Decade Resources Ltd. and Mountain Boy Minerals on its Red Cliff property. Decade Resources Ltd. and Mountain Boy Minerals recently announced drilling results of 7.3 grams per ton of gold across 28.3 metres and 5.78 grams per ton across 28.4 metres and 7.5 grams per ton gold across 32.5 metres. Read more
