Petroleum engineering

Mandalay Resources Extends the Newly Discovered Shepherd Zone and Provides Update on the Costerfield Mineral System

Retrieved on: 
Tuesday, June 8, 2021

TORONTO, June 08, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on the newly discovered Shepherd Zone at its Costerfield Operation in Victoria, Australia.

Key Points: 
  • TORONTO, June 08, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on the newly discovered Shepherd Zone at its Costerfield Operation in Victoria, Australia.
  • During the near-term, additional underground exploration drill platforms will be developed allowing for optimum drill intercept angle, which will slow the drill rates into the Shepherd Zone.
  • Since Mandalays last release on the Shepherd Zone drilling (April 26, 2021), drilling rates have been increased with a total of four underground drill rigs operating on the program.
  • The factors identified above are not intended to represent a complete list of the factors that could affect Mandalay.

Tudor Gold Expands Diamond Drilling on the Goldstorm Deposit with Four Drill Rigs at Treaty Creek, Northwestern B.C.

Retrieved on: 
Monday, June 7, 2021

Diamond drilling continues with four rigs on the Goldstorm Deposit, which is on-trend from Seabridge Gold's KSM Project, located five kilometres to the southwest.

Key Points: 
  • Diamond drilling continues with four rigs on the Goldstorm Deposit, which is on-trend from Seabridge Gold's KSM Project, located five kilometres to the southwest.
  • Excellent progress has been made during the first two weeks of drilling on the fully funded 30,000 metre, Phase l exploration program (the "Program").
  • We plan to prepare pad sites at other targets such as Perfect Storm (PSZ) and Eureka this month and will bring in two additional diamond drill rigs.
  • We look forward to increasing the pace and performance of this year's Program by expanding the number of drilling rigs at the Treaty Creek property.

Exploration Program Update

Retrieved on: 
Thursday, June 3, 2021

VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to provide an update on its current A$12 million exploration program for the remainder of 2021.

Key Points: 
  • VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to provide an update on its current A$12 million exploration program for the remainder of 2021.
  • The program for the remainder of 2021 also includes mechanical sorting test work from multiple projects including Novos Karratha gold project.
  • Early this year, Novo conducted exploration at its Malmsbury, Victoria joint venture where exciting targets have been generated for drill testing later this year.
  • The current RC drilling program at Skyfall is designed to provide indicative grades with a follow up program designed to expand strike extent.

Mayfair Gold Contracts Fourth Drill Rig for Regional Exploration at 100% Owned Fenn-Gib Project

Retrieved on: 
Thursday, June 3, 2021

The fourth drill rig is expected to arrive at site by mid-June and commence drilling before the end of the month.

Key Points: 
  • The fourth drill rig is expected to arrive at site by mid-June and commence drilling before the end of the month.
  • 1 km to the southwest of the Fenn-Gib deposit, where the best historical drill intersection returned 4.45 grams per tonne gold over 13.2m.
  • Based on Mayfairs success to date, steps have been taken to secure a fifth drill rig for regional exploration on the Fenn-Gib South Block.
  • Mayfair is a Canadian mineral exploration company focused on advancing the 100% owned Fenn-Gib gold project in the Timmins region of Northern Ontario.

Kenorland Commences Maiden Diamond Drill Program at the Healy Project in Alaska

Retrieved on: 
Thursday, June 3, 2021

This maiden diamond drill program will consist of approximately 4,000 meters over 10 holes, testing 3 target areas defined by strong gold in soil anomalism.

Key Points: 
  • This maiden diamond drill program will consist of approximately 4,000 meters over 10 holes, testing 3 target areas defined by strong gold in soil anomalism.
  • The drill program is scheduled to last approximately two months and will be completed near the end of July.
  • Zach Flood, CEO of Kenorland states, "We're thrilled to be back in Alaska and kicking off the maiden diamond drill program at Healy.
  • In2019, the Company carried out a reconnaissance style track-mounted reverse circulation (RC) drill program consisting of a total of 800m from 10 shallow holes.

Fluor Joint Venture Breaks Ground on Chicago Transit Authority Red Line Stations and Tracks

Retrieved on: 
Wednesday, June 2, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210602006081/en/
    Fluor joint venture breaks ground on Chicago Transit Authority Red Line stations and tracks.
  • (Photo: Business Wire)
    CTA is leading the country in infrastructure investment, said Terry Towle , group president of Fluors Urban Solutions business.
  • The new tracks will provide a smoother, quieter and quicker ride for CTA customers resulting in a better and more efficient transit system for the city of Chicago.
  • With headquarters in Irving, Texas, Fluor has been providing engineering, procurement and construction services for more than 100 years.

Precision Drilling Corporation Announces Pricing of Private Offering of US$400,000,000 of Senior Notes Due 2029

Retrieved on: 
Wednesday, June 2, 2021

The Notes will be guaranteed on a senior unsecured basis by current and future U.S. and Canadian subsidiaries that also guarantee Precisions revolving credit facility and certain other future indebtedness.

Key Points: 
  • The Notes will be guaranteed on a senior unsecured basis by current and future U.S. and Canadian subsidiaries that also guarantee Precisions revolving credit facility and certain other future indebtedness.
  • Forward-looking information and statements in this news release include, but are not limited to, the proposed offering of Notes and the use of the net proceeds from the offering.
  • Forward-looking information and statements are based on certain expectations and assumptions made by Precision, including the assumption that the offering will be completed as proposed.
  • Precision is a leading provider of safe and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs.

Ophir Gold Corp. Announces Commencement of 2021 Drill Program with Mobilization of Roadwork Crews to the Breccia Gold Property, Idaho

Retrieved on: 
Wednesday, June 2, 2021

The roadwork contractors have mobilized to site and begun to prepare access to the first series of drill sites.

Key Points: 
  • The roadwork contractors have mobilized to site and begun to prepare access to the first series of drill sites.
  • The drill rig and field crews are anticipated to mobilize over the next week and begin set-up for the initial drill hole collar of the program.
  • The program will also target the East Breccia Zone, where in 2020 a new high-grade vein system was discovered trending parallel to the main Breccia Zone.
  • Ophir Gold Corp. is a gold exploration company focused on the exploration and development of its flagship property, the past producing Breccia Gold Property located in Lemhi County, Idaho.

GoviEx Updates Mineral Resource and Development Drilling at Madaouela in Niger

Retrieved on: 
Tuesday, May 25, 2021

The 13,000 meter drilling program combines rotary mud and diamond core drilling to an average depth of 100 metres.

Key Points: 
  • The 13,000 meter drilling program combines rotary mud and diamond core drilling to an average depth of 100 metres.
  • The planned drilling program is being performed by l'Entreprise Sidi Abdoul Aziz de Forage ("ESAFOR"), and FORACO NIGER S.A. ("FORACO").
  • ESAFOR, a Nigerien drilling company, who have both completed substantial previous drilling for GoviEx exceeding 620,000 metres of exploration and resource drilling on the Project area.
  • GoviEx is a mineral resource company focused on the exploration and development of uranium properties in Africa.

Solaris Oilfield Infrastructure Announces Quarterly Cash Dividend

Retrieved on: 
Thursday, May 13, 2021

b'Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (\xe2\x80\x9cSolaris\xe2\x80\x9d) announced today that its Board of Directors has declared a quarterly cash dividend of $0.105 per share of Class A common stock, to be paid on June 25, 2021 to holders of record as of June 15, 2021.

Key Points: 
  • b'Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (\xe2\x80\x9cSolaris\xe2\x80\x9d) announced today that its Board of Directors has declared a quarterly cash dividend of $0.105 per share of Class A common stock, to be paid on June 25, 2021 to holders of record as of June 15, 2021.
  • A distribution of $0.105 per unit has also been approved for holders of units in Solaris Oilfield Infrastructure, LLC, which is subject to the same payment and record dates.\nSolaris Oilfield Infrastructure, Inc. (NYSE:SOI) provides mobile equipment that drives supply chain and execution efficiencies in the completion of oil and natural gas wells.
  • Solaris\xe2\x80\x99 patented mobile proppant and chemical systems are deployed in many of the most active oil and natural gas basins in the United States.
  • Additional information is available on our website, www.solarisoilfield.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513006047/en/\n'