Archive for August, 2008

Uranium Energy Corp to Commence Drilling at Nichols Project in South Texas

Wednesday, August 13th, 2008

Uranium Energy Corp announce the finalization of drilling plans for the Company’s 100%-owned Nichols Project in Karnes County, Texas. The plan calls for 30 exploration holes for a total of approximately 18,000 feet of drilling. Permitting has been submitted and approved by the Texas Railroad Commission, Division of Surface Mining. Development... readmore

Ontex Resources: Continuation of the 8,000 Metre Diamond Drill Program

Wednesday, August 13th, 2008

Ontex Resources Limited provide an exploration update for its properties located in the prolific Beardmore-Geraldton Greenstone Belt in northern Ontario. Following a successful completion of drilling on its 100% owned Brookbank property, (July 23,2008 Press Release), the Company is pleased to announce the commencement of drilling on the high grade... readmore

Mazorro Acquires Option to Earn 100% Interest in La Verdosa & Los Arrayanes

Wednesday, August 13th, 2008

Mazorro Acquires Option to earn 100% interest in La Verdosa & Los Arrayanes Mazorro Resources Inc. announce that it’s Mexican subsidiary Minera Mazorro S.R.L. DE C.V. has acquired an option from Industrial Minera Mexico S.A. de C.V. (IMMSA) to earn a 100% interest in the La Verdosa and Los Arrayanes concessions in the Municipality of Concordia,... readmore

Tethys Petroleum Limited: Tasaran Exploration Well AKK15 Flows Gas

Wednesday, August 13th, 2008

Tethys Petroleum Limited announced that the AKK15 well, its latest exploration well in the Akkulka Exploration block in Kazakhstan, has tested gas from the Tasaran sand interval at good rates. The main Tasaran sand interval was encountered at a depth of 1,791 feet (546 metres) and a 20 feet (6 metre) interval was tested. The well has been tested on... readmore

Terra Energy & Resource Technologies, Inc. Signs Exclusive Contract for the Use of Innovative Exploration Technologies

Wednesday, August 13th, 2008

Terra Energy & Resource Technologies, Inc., an energy and natural resource exploration technology company, announces that it has signed a Service Agreement with the Institute of New Oil and Gas Technologies (INOGT), a Russian limited liability company providing exploration services utilizing its innovative technologies. The agreement grants the... readmore

VIPR Industries to Raise Up to $1.2 Million Private Placement to Fund Further Exploration of Gold & Uranium Properties

Wednesday, August 13th, 2008

VIPR Industries Inc. announces that it is actively pursuing and intends to complete a financing to raise gross proceeds of up to $1,200,000 via private placement. Proceeds will be used to fund further exploration of VIPR Industries’ gold and uranium properties, including a Drilling Program at its Singida Gold Property presently scheduled for early... readmore

Fluor Wins $3.8 Billion BP Whiting Modernization Project

Wednesday, August 13th, 2008

Fluor Corporation announced that the company was awarded multiple contracts by BP America for its Whiting (Ind.) Refinery modernization project. Fluor is responsible for overall program and construction management, engineering, procurement, fabrication and construction. For this phase of the modernization project, Fluor will book $3.8 billion into backlog... readmore

Potential Oil Fields Being Opened for Exploratory Drilling in the Atlantic Northeast of Iceland

Wednesday, August 13th, 2008

Following the decision of the Icelandic government to start tendering exclusive licences in January 2009 for oil exploration in the Dreki area (in the Atlantic, northeast of Iceland on the Jan Mayen Ridge, between Iceland and Jan Mayen Island), an international conference has been announced in Reykjavik on 4-5 September. The Icelandic National Energy... readmore

Rich Minerals Corporation Announces President for Brazilian Operations

Wednesday, August 13th, 2008

The Company is pleased to announce the appointment of Juliano Magalhaes Macedo, Ph.D as president of our wholly owned subsidiary, RMC Exploracao Petrolifera Ltda., in Brazil. Dr. Macedo holds a Ph.D in Structural Geology and Tectonics, University of Illinois, USA and both M.Sc. Structural Geology and a B.Sc. Engineering Geology, Escola de Minas, UFOP,... readmore

ROCA – Drilling Intersects New Molybdenum Zone at MAX and Drilling Commences at Foremore VMS-Gold Project

Wednesday, August 13th, 2008

Roca Mines Inc. reports that a possible new molybdenum system has been discovered in close proximity to the recently completed Adit #2 at the MAX Molybdenum Mine. Drilling targeted a molybdenum biogeochemical anomaly with a surface footprint of 150 metres (m) X 350 m and centered approximately 200 m north of Adit #2. Two initial holes intersected a... readmore