Wednesday, July 15, 2009

EagleRidge Minerals Increases Ground Position in Newfoundland and Labrador

Pinawa, Manitoba July 12th, 2009

EagleRidge Minerals Ltd (ERM) is excited to announce today that is has made some sufficient additions to its mineral claim portfolio in Newfoundland and Labrador. ERM has staked new ground in the Baie Verte area for gold and the Goose Cove area for copper.

ERM has added an additional 13 claims in the Micmac lake region on the Baie Verte Peninsula, approximately 40 kilometres to the south of the community of Baie Verte,, Newfoundland. These claims were staked to cover several known gold showing that were discovered and worked on by Noranda in the late 1980’s. The historical gold showings are known as the Crow Hill South and Raven zones. Both showings are spatially associated with the Crow Hill topographic linear.

Historical exploration work in the area consisted of sampling, geophysics, trenching and limited diamond drilling.
Mineralization is structurally controlled and hosted in quartz veins with intense alteration of the host rock. Channel samples over the Raven zone returned historic surface channel sample values of 1.88 g/t Au over 4 metres and 2.19 g/t Au over 1 metre from diamond drilling. The Crow Hill South Zone yielded historic assays of 1.03 g/t Au over 12 metres from surface channel sampling and 1.87 g/t Au over 11 metres from diamond drilling. Mineralized float in the area returned historic assay values up to 16 g/t Au.

In addition, ERM is pleased to announce that it has added to their mineral claim ground position in the Goose cove area of Newfoundland and Labrador. This area is located approximately 10 kilometres south of the community of St. Anthony’s, Newfoundland. The claims cover the historical past producing Goose Cove Copper Mine. The Goose Cove Mine opened in 1908 and operated for several years. Production records are poorly available but the grade of the copper ore averaged 8-10% copper with approximately 4% copper in the adjacent schist host rock.

Phase 1 of the exploration plan for the Gosse cove area will start in the late summer of 2009. This work will consist of reconnaissance mapping and prospecting. Phase 1 of the new gold claims on the Baie Verte Peninsula will also consist of reconnaissance mapping and prospecting. This work will be carried out in the fall of 2009.

Carey Galeschuk, P.Geo, ERM President and COO, is the qualified person for these projects.

Monday, July 06, 2009

Prospecting Hobby Turns into Property Option and Exploration

Can you profit from mineral prospecting? That is a question often asked when "one gets put on the spot" by people that are less excited about mineral prospecting. Usually people laugh a little and say oh sure. Stuff Like that!

Prospecting can turn into much more than a hobby.

Here is a story of four brothers from a small town in remote Newfoundland Canada that had the prospecting bug. Starting out as a hobby their efforts to look at an old mine shaft and surrounding area turned into one of the few aggressive copper exploration projects undertaken in the province during 2008 - 2009.

The full article can be read at

Here are some exerts from the story.

While the McGrath brothers brought Eagle Ridge to the area last spring, their exploration began as children climbing over rusty rocks. While the Grandois natives left the McGrath fishing stage as young men to seek work, those memories came rushing back to Wilbert as he toiled on Voisey Bay drilling rigs during the nickel rush.

"My interest was based on the simple concept of 'rusty rocks' that is a obvious indication of mineralization present in rocks, sulphides, as the oxidization process causes the rocks to be rust-stained," said Wilbert. "I kept thinking of a place I knew back near my hometown - there was lots of rusty rocks near the old St. Julien's mine shaft."

So, Wilbert, Eddie, Don and Fred made themselves a summer project - they pumped out the old mine shaft.

"The old-timers always told us it was a copper mine," said Eddie. "It started out as a bit of excitement and an excuse to get together."

But when the water was gone from the century-old exploration shaft, the brothers found a large rusty area and took samples. They came back showing eight per cent copper.

Believing in their find, they went to the annual conference of the Prospectors Development Association of Canada in Toronto, where they met Mr. Freeman.

"These boys knew nothing about prospecting, but they took the initiative and came to Toronto and all they ever seemed to care about was their community," said Mr. Freeman. "They deserve a lot of credit - this is one of only a few forgotten copper mines in Canada."

With the recent progress, Wilbert has allowed himself to indulge in dreams of a future for Grandois, which has withered to 20 residents at the end of a long dirt road since the cod moratorium.

"Following a successful drilling program, the ultimate dream is naturally to see mining development and to see the schools and churches full of people again in Croque and Grandois."

Don, meanwhile, just smiled on his way back to the old family stage after a morning building a shed on the site, and said, "If nothing else, it's a good excuse for a ride in boat."

Full Story Here

EaglRidge Minerals Link

Sunday, July 05, 2009

New thinking gets gold

There is a mining company in Manitoba that been successful at finding high grade gold deposits in areas that have been overlooked since 1911. Their success comes from using fresh thinking and hard work, leading to the development of a new geological model that has resulted in awesome new discoveries of gold.

That is prospecting at its best!

The company making these new discoveries is San Gold Corp.

Sticking to the prospecting code, proves its value once again.

Read here for more information on San Gold corp