GOLD miner Croesus Mining NL has reported high - grade gold intersections in recent drilling at its Fort William prospect at Binduli. (businessnews.com.au)
«The [U.S. Department of Energy] expects the Obama administration's recent drilling moratorium to cut U.S. production by an average 70,000 [barrels a day] next year, which is equal to only about 1 per cent of current OPEC spare capacity.» (theglobeandmail.com)
History, along with recent drill samples, suggest there are significant untapped gold deposits in the Eastern Desert region, where pharaohs dug up gold with shallow and primitive mining operations. (canadianbusiness.com)