The company is also involved in other exploration projects in eastern Canada.

Tashi is a contributor of SummitJournal.com, an international adventure and exploration project.

Carl Peters returns to Germany to garner support, but his exploration projects are met with little response.

He said geologists estimate the chance of finding a mammoth field at 10 percent, relatively high odds for an exploration project.

Kaplan retired from Apex Silver at the end of 2004 to focus on his new exploration projects.

The companies are hoping to save $750 million annually by combining exploration projects and cutting staff, adding to earnings per share in the first year.

There are also 2 major exploration projects near Certej that Goldfields is involved in.

We are also focusing on exploration projects which will give us the opportunity to find larger oil and gas deposits at lower costs.

It will also invest $1.5 billion a year on new exploration projects, concentrating on fields that could yield 100 million barrels of oil or more.

But this decision has not yet been taken and might depend on potential international and commercial participation to the exploration project.