Indicator Minerals’ Darby Project Yields More Kimberlite; Partner Increases Budget
Indicator Minerals Inc. announced today that additional kimberlite boulders have been found on the Darby Project. These boulders are located in an area distinct from all previous discoveries made on the property and may represent a third kimberlite cluster. These new developments have prompted Teck Cominco Limited (“Teck Cominco”) to increase the 2008 Darby exploration budget by 18%. “We...
Kentucky USA Energy, Inc. Announces Further Drilling Developments
Kentucky USA Energy, Inc., an early stage natural gas exploration and production company, announced today further drilling developments on the New Albany Shale drilling operation. After logging Francis Grace #1 well, the geophysical log confirms that the shale formation encountered in this well is comparable to wells evaluated in the original reserves study. The 4 ½” production casing has been run...
Graham Corporation Appoints Alan Fortier to Board of Directors
Graham Corporation announced that the Board of Directors has appointed Alan Fortier, President of Fortier & Associates, Inc., as a Director for a term expiring at the 2009 Annual Meeting of Stockholders. Mr. Fortier founded Fortier & Associates, a strategy and profit improvement consulting firm, in 1988. His firm serves Fortune 100 multi-national companies and other global clients. Prior...
Tara Gold Reports First Gold Pour at Lluvia de Oro Project
Tara Gold Resources Corp. is pleased to announce the first gold doré has been poured at the Lluvia de Oro project in Sonora State, Mexico. Tara Gold Resources signed an agreement with NWM Mining Corporation (formerly known as Columbia Metals Corporation), whereby NWM Mining can acquire 100% interest, subject to Tara’s ongoing 20% Net Cash Flow interest from the processing plant, by making payments...
Rocmec Releases a Video Demonstration of the Thermal Fragmentation Mining Method
Rocmec Mining inc., is pleased to announce to its shareholders and members of the mining community, the release on its website of a video demonstrating the thermal fragmentation mining method. The video demonstrates how the work is performed by Rocmec employees and shows the development of this innovative, productive and cost effective method of mining narrow vein ore bodies. “This video is an...
RJK Explorations Signs Earn-In Option on Altai Resources Shale Gas Permit at Sept – Iles, Quebec
RJK Explorations Ltd. announces that it has signed an Earn-In Option Agreement with Altai Resources Inc. (“Altai”) for a 100% interest in oil and gas Permit # 2008PG6988 totaling 24,042 hectares held by Altai at Sept Iles, on the Upper St. Lawrence, Quebec. The Altai Earn-In Permit contains a well drilled in 1970 that hit gas and initially blew out the cement used to plug the hole. The...
Fortress Financial Group, Inc. Acquired Additional Shares of Hunt Gold Corporation Common Stock
Fortress Financial Group, Inc. announced on July 29, 2008 that we have stated very clearly that we are seriously contemplating further purchases of Hunt Gold Corporation’s stock, at what we view as “bargain basement prices,” in the market thereby increasing our Company’s “free trading” stockholding in Hunt Gold Corporation. We have made it extremely clear that we...
Tao Minerals Announces Phase 1 of the Upgrade of El Colmillo Gold Mine
Tao Minerals, Ltd. is pleased to announce that it is beginning the execution of its plan to upgrade the El Colmillo Gold Mine. On July 16, 2008, through our majority owned subsidiary Minera Tao S.A. (“MT”), we entered into an amended option agreement with Agrominas De Colombia, LTDA (“AC”) to acquire 80% of a mining interest called El Comillo in Antioquia Colombia. The agreement...
Walter Industries, Inc. Announces 400,000 Ton Per Year Expansion of Surface Mining Operations and Doubles Quarterly Dividend to $0.10 Per Share
Walter Industries, Inc., a leading producer and exporter of U.S. metallurgical coal for the global steel industry, announced today that its Board of Directors has approved a plan to expand the Company’s United Land subsidiary’s surface mining operations by opening a new coal mine with 0.4 million tons of annual capacity. The Board also approved a 100 percent increase to its regular quarterly...
Penn Virginia Corporation Declares Dividend
Penn Virginia Corporation announced today that its Board of Directors declared a regular quarterly dividend of $0.05625 per share payable September 3, 2008 to shareholders of record at the close of business on August 11, 2008. This will be the Company’s 446th consecutive quarterly dividend payment. Headquartered in Radnor, PA and a member of the S&P SmallCap 600 Index, Penn Virginia Corporation...
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Bolero Resources Corp. announce that it has entered into an option agreement to acquire 100%...
CNX Gas Achieves Record Production From Latest Marcellus Shale Well
CNX Gas Corporation, a leading Appalachian gas producer, announced production results from...
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