Adex estimates pre-production capital of $130 million at the Fire Tower Zone, for a mine life of 12 years at a production rate of 2,400 tonnes per day.

Toronto's main market started a short week with sharp gains, surging over 200 points Tuesday as traders played catch up with Canadian markets closed Monday for the Victoria Day holiday.

Silver Bull Resources (TSE:SVB)(AMEX:SVBL) Tuesday said a new NI 43-101 report currently being completed will show a 39 per cent increase in the open pittable resources at the Shallow Silver Zone at its Sierra Mojada project in Mexico.

A recent resource upgrade highlighted the world-class potential of Elemental Minerals’ Kola potash deposit, which is part of its Sintoukola property in the Republic of Congo. The company has deliberately remained below the radar, allowing the project to speak for itself. The latest results promise to lift the veil of anonymity.

Geomega Resources (CVE:GMA) unveiled Thursday preliminary metallurgical results from its Montviel rare earths-niobium project near Level-sur-Quévillon, Québec, with recoveries as high as 97% total rare earth oxides (TREO).

Mkango Resources today reported more good grades from the latest drilling at its rare earth project at Songwe Hill in Malawi.