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This week Cabo was awarded a surface drilling contract by BerAlb Sh A, part of the Ekin Maden Group, for its Karma Mine project in Albania. This contract is one of the first projects approved by the Albanian Government since it changed its mining laws two years ago.However, this is much more significant than the 3,500 metre drill program itself would seem to indicate. As much as this drill program is a feather Read More...

Grenville Whyte is the Special Projects Coordinator and Central Purchasing Manager for Cabo Drilling Corp. He is also the embodiment of experience, wisdom and good nature.I met Grenville for the first time on January 24th at the Roundup Conference in Vancouver, and when I had to look twice to see if I was shaking a hand or a brick wrapped in shoe leather I instantly knew I was meeting an experienced driller.Grenville started Read More...

The success of any drilling company is ultimately predicated on the success of the mining industry in general and more specifically the success of their clients. For this reason Cabo Drilling is particularly pleased by two recent noteworthy releases related to Inmet Mining Corporation.First, for those of you who have either forgotten or missed it the first time around, Inmet is a Canadian based mining and exploration company with a significant subsidiary operation in Read More...

I was delighted to see an article on Cabo Drilling (Panama) Corp. in the Winter 2012 issue of Energy & Mining International. Not only does this give Cabo Panama some of the exposure it deserves, it also brings focus to several significant aspects of this company you should be aware of. Please click on this link in order to read the article in its entirety: Link to Magazine ArticleWith respect to this article, I want to Read More...

Mr. Mills reports on the first quarter (ending September 2011) of Cabo’s new fiscal year, which showed revenues of $16.9 million and earnings up 65% as compared to the first quarter of fiscal 2010.In his report, Mr. Mills, a Chartered Financial Analyst with Beacon Securities who has closely followed and reported on the drilling industry for a number of years, states “There are some encouraging signs out of these Q1 results. Profitability Read More...

The diamond drill takes its name from the diamonds lining the contact end of the drill bit and has been around a surprisingly long time. There is evidence that the ancient Egyptians used diamonds as boring tools while building the pyramids, although the holes were very shallow.The idea of using diamonds in a ring shape to drill holes was first conceived by Swiss engineer Jean Rudolphe Leschot while living in Paris in 1862. The Read More...

There’s a good reason why the first thing a person investing in a mineral exploration company wants to know is, “when are you drilling?”, and why the second thing they want to know is, “when are the drill results coming out?” Simply put, drilling is the core of any exploration program.If you want to know the real potential of a discovery you’ve got to undertake a drilling program, there are no shortcuts Read More...

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