Canasia Industries Corporation (CVE:CAJ) has been informed by the operator that the first four holes have been completed at the Clone Gold Prospect near Stewart, BC. Visible gold has been encountered in all four holes.
The fight to hold ownership of Potash Corporation of Saskatchewan is heating up as CEO Bill Doyle announces that several parties have expressed interest in bidding for the global potash giant.
Listed in 2005, Grizzly Discoveries (CVE:GZD) is a Canadian exploration company focused on: exploring for potash in Alberta; world class gold and base metal deposits in British Columbia; and diamonds in Alberta. Grizzly holds, or has an interest in, metallic and industrial mineral permits for potash totaling more than 2.34 million acres along the Alberta-Saskatchewan border. Grizzly currently has four precious-base metal properties in British Columbia totaling over 235,000 acres. Grizzly also currently holds more than 600,000 acres in diamond properties which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta.
Amazon Mining Holding Plc (TSX VENTURE:AMZ) reported its unaudited interim consolidated financial statements for the three month period ended June 30, 2010 and provides the following corporate update.
China, a country keen on ensuring it has the raw materials necessary to sustain its voracious appetite for growth, has cried foul play over BHP Billiton’s bid for Potash Corporation of Saskatchewan.