Archive for the ‘Copper Mining’ Category

Marathon’s Growth Continues, Ore Fault Property Acquisition Completed

August 19th, 2008
Marathon’s Growth Continues, Ore Fault Property Acquisition Completed

Marathon PGM Corporation announce that it has acquired the Ore Fault Property (”OFP”) from Bird River Mines Inc (CNQ:BRMI). The OFP consists of 19 claims which cover 446 hectares and is located at the eastern margin of Marathon’s Bird River Project, which is under option from Gossan Resources (GSS:TSX.V). The Gossan portion of the Bird [...]

Explorator Intercepts Additional Sulfide Mineralization in the Pirata Area at El Espino

August 19th, 2008
Explorator Intercepts Additional Sulfide Mineralization in the Pirata Area at El Espino

Explorator Resources Inc. announce that it continues to intersect significant copper-gold mineralization in its 30,000 meter Phase III drilling program at the El Espino Project in Chile. The most recent results received are from the Pirata zone, which is outside the area that contains the Company’s current National Instrument 43-101 (”NI 43-101″) estimated mineral resource.
The [...]

Unico, Inc. Issues Statement on Press Release Issued by Krause Kalfayan Benink and Slavens, LLP

August 19th, 2008
Unico, Inc. Issues Statement on Press Release Issued by Krause Kalfayan Benink and Slavens, LLP

Unico, Incorporated, a natural resource company in the precious metals mining sector, today issued a statement regarding a press release issued by Krause Kalfayan Benink and Slavens, LLP, a law firm located in San Diego, California on August 15, 2008. The press release stated that Krause Kalfayan Benink and Slavens, LLP had filed a derivative [...]

Reclamation Report for Continental’s Xietongmen Project Approved

August 18th, 2008
Reclamation Report for Continental’s Xietongmen Project Approved

Continental Minerals Corporation announces agency approval has been received for the Land Reclamation Report for the Xietongmen Project in the Tibet Autonomous Region, China.
Finalization of the Land Reclamation Report moves Continental one step closer to achieving the legal authorization and social license required to successfully develop the Xietongmen Project. Returning affected lands to a productive [...]

Yankee Hat Acquires Two Additional Tungsten Properties

August 15th, 2008
Yankee Hat Acquires Two Additional Tungsten Properties

Yankee Hat Minerals Ltd. announce that it has entered into two option agreements to acquire 100% interest in the Achtung Tungsten Project located in northwestern British Columbia and the Birdtung Tungsten-Tin Project located in southern Yukon Territory. With these latest acquisitions, Yankee Hat now has eight tungsten projects at varying stages of development and one [...]

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

August 13th, 2008
Mazorro Acquires Option to Earn 100% Interest in La Verdosa & Los Arrayanes

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 [...]

Minnesota DNR Updates PolyMet EIS Progress

August 12th, 2008
Minnesota DNR Updates PolyMet EIS Progress

PolyMet Mining Corp. reported today that the State of Minnesota has committed to completing the PolyMet draft Environmental Impact Statement (”EIS”) by the end of September. This will provide time to complete an expanded statistical analysis of water quality predictions that forms part of the State’s environmental review of PolyMet’s development-stage copper-nickel-precious metals mine located [...]

Polar Star Acquires Additional 5% Equity Interest in Chepica Mine

August 12th, 2008
Polar Star Acquires Additional 5% Equity Interest in Chepica Mine

Polar Star Mining Corporation announces that it has acquired an additional 5% equity interest in the Chepica Mine by paying 150 million Chilean Pesos (approximately US$293,000). In addition, Polar Star has amended the Chepica Acquisition Agreement to enable the acquisition of the remaining 15% equity interest for 600 million Chilean Pesos (approximately US$1.2 million) on [...]