Archive for May, 2010

Tethys Petroleum Limited: Tajikistan-Komsomolsk Well KOM201 Commences Drilling

Monday, May 31st, 2010
Tethys Petroleum Limited: Tajikistan-Komsomolsk Well KOM201 Commences Drilling

Tethys Petroleum Limited announced that drilling operations had commenced on the East Komsomolsk KOM201 appraisal well. The KOM201 well is designed to appraise the eastern portion of the Komsomolsk gas field, which lies beneath the northern part of Dushanbe, the capital city of Tajikistan. It is being drilled by Tethys’ ZJ30 rig “Tykhe”,... readmore

Nuukfjord Gold Engages First Canadian Capital for Investor Relations Services

Monday, May 31st, 2010
Nuukfjord Gold Engages First Canadian Capital for Investor Relations Services

Nuukfjord Gold Ltd. announce that it has retained the services of First Canadian Capital Corp. (“First Canadian”), a Toronto based investor relations service provider, to act as a marketing and investor relations consultant for the Company. First Canadian provides corporate communications, investor relations and market awareness services... readmore

Ventana Announces Increase in Ownership by 63X

Monday, May 31st, 2010
Ventana Announces Increase in Ownership by 63X

Ventana Gold Corp. announce that 63X Master Fund (“63X”), its largest shareholder, has acquired ownership and control of an additional 1.1 million common shares of Ventana through the facilities of the Toronto Stock Exchange, bringing its aggregate ownership in Ventana to 19,306,000 common shares. 63X paid cash consideration of $10.62 per... readmore

Tethys Petroleum Limited: Drilling Commences on AKD03 (Dione) Exploration Well

Thursday, May 20th, 2010
Tethys Petroleum Limited: Drilling Commences on AKD03 (Dione) Exploration Well

Tethys Petroleum Limited announced that it had commenced drilling the AKD03 (Dione) exploration well in Kazakhstan. Tethys’ ZJ70 rig “Telesto” has commenced drilling on an attractive exploration prospect which is located nearby to, and south-west of, the Doris oil discovery. This well is planned to target both the Cretaceous and Jurassic... readmore

Brazil Gold Signs Definitive Agreement for Amazonia Mineral Package

Thursday, May 20th, 2010
Brazil Gold Signs Definitive Agreement for Amazonia Mineral Package

Brazil Gold Corp. announce that it has signed the definitive agreement to acquire the ownership rights to 99% of Amazonia Capital e Partipacoes Ltda. (“Amazonia”) of Brazil. Amazonia is the current owner of the exclusive right to explore an extensive 2.1 million acre land package of mineral rights in the Amazon basin region of Brazil. Brazil... readmore

Exploration Orbite Successfully Completes Its Final Financing Round

Thursday, May 20th, 2010
Exploration Orbite Successfully Completes Its Final Financing Round

Exploration Orbite V.S.P.A. Inc. announce it has successfully completed the final financing round in its pilot plant project. The final round was launched on April 19, 2010. The financing terms in question were described in a press release issued the same date. Valued at $1,690,000, the investment is spread among various institutional and private investors.... readmore

Alto Ventures Ltd.: Exploration Work Commences on the Coldstream Property, Ontario

Wednesday, May 19th, 2010
Alto Ventures Ltd.: Exploration Work Commences on the Coldstream Property, Ontario

Alto Ventures Ltd. announce the start of the 2010 summer exploration program on the Coldstream Property in Ontario. The program will include a minimum of 8,000 m of diamond drilling as well as surface work consisting of line cutting, ground geophysical (IP and Resistivity) surveying, geological mapping, prospecting and sampling. The line cutting has... readmore

Spur Ventures Announces Extension of the Shukongping Mining License

Wednesday, May 19th, 2010
Spur Ventures Announces Extension of the Shukongping Mining License

Spur Ventures Inc. announced today that the Central Ministry of Land and Resources (“MOLAR”) has approved the extension of the Shukongping mine license, setting the new expiry date as October 09, 2011. The Dianziping mining license is currently valid until February 11, 2014. The extension of the Shukongping license is key to the pending... readmore

Constantine Acquires Trapper Lake Gold Property in Northern British Columbia

Wednesday, May 19th, 2010
Constantine Acquires Trapper Lake Gold Property in Northern British Columbia

Constantine Metal Resources Ltd. announce that is has signed an agreement to acquire an undivided 100% interest in 9 contiguous mining claims (3,756 hectares) that make up the Trapper Lake property (the “Property”), located in the Atlin Mining Division in northern British Columbia. The Property lies 45 km north of the Golden Bear mine road,... readmore

Aldrin Ready to Drill 3 Gold Projects in the Yukon

Wednesday, May 19th, 2010
Aldrin Ready to Drill 3 Gold Projects in the Yukon

Aldrin Resource Corp. announce that preparations for the upcoming 2010 summer drill programs are complete. The Company expects to commence drilling on its 100% owned Keystone project on June 6, 2010. The Keystone project is located approximately 10-kilometers south of Keno Hill in the Mayo mining district, Yukon Territory. The Company has budgeted for... readmore