Augusta Resource Corporation announced that it has signed a letter of intent with Silver Wheaton Corp. dated October 31, 2008 regarding a new silver purchase agreement. The new letter supercedes the December 19, 2007 letter of intent between Silver Wheaton and Augusta. An update of Augusta’s August 2007 bankable feasibility study, reflecting an increased mineral [...]

Copper Mountain Mining Corporation announce that the Company’s Board of Directors have authorized management to proceed with the development of the Copper Mountain Project subject to the Company finalizing its financing arrangements as well as obtaining the required operating permit amendments for the Project. The Company has ordered long lead major equipment items. Site work [...]

Coronation Minerals Inc. announces that due to current market conditions the Company is not proceeding with the acquisition of the Wellgreen Project from Northern Platinum.
The Company is maintaining the 100% owned Rory Claim consisting of 265 staked claims located contiguous and south of the Wellgreen leased ground. This group encompassed an airborne magnetic survey and [...]

Opawica Explorations Inc. announces that pursuant to its Property Option Agreement dated September 5, 2005 with Maybrun Mines Ltd., the Company has now acquired 100% of all right, title and interest in the copper-gold Maybrun-Atikwa Lake property located about 120 kilometres southeast of Kenora, Ontario.
Pursuant to an amending agreement and the above note September 5, [...]

Peter Mordaunt, Chairman and CEO of Stingray Copper Inc. reports that the Corporation has received independent cost estimate proposals for the construction of a commercial acid plant capable of producing sulfuric acid, a necessary operating requirement at the El Pilar oxide copper project located in Sonora, Mexico. In the metallurgical process being studied for the [...]

Redcorp Ventures Ltd. and its wholly-owned subsidiary, Redcorp Empreendimentos Mineiros Unipessoal Lda, announce a new concession agreement with the Portugal Government for the Lagoa Salgada project.
The new agreement, effective October 1, 2008, increases the concession area from 103 km2 to 208.4 km2 and reduces the minimum expenditures required to maintain the concession during the next [...]

Baja Mining Corp. advises that due to the current global financial crisis, it has elected to delay construction activities at the Boleo Project, Mexico.
While project economics remain robust even at low metal prices, the impact of the current financial crisis on short term metal prices and hedging prices, coupled with an effective shutdown of the [...]

CAPELLA RESOURCES LTD. announce assay results from the 2008 sampling program on its Labrador Base Metals Initiative. The company is actively exploring for nickel, copper, cobalt and other metals in central Labrador. Labrador is largely underexplored and hosts several new nickel and base metal discoveries, including Voisey’s Bay nickel-copper-cobalt deposit.
The Property was flown by a [...]

Rio Tinto Alcan will be the title sponsor of Montreal’s new BIXI self-service bicycle rental system, supplying funding for the project as well as aluminium for the construction of the bicycles. BIXI will be offered to the public as of April 2009, with 2,400 bikes available at a network of 300 stations covering central Montreal.
“It’s [...]

Mountain Boy Minerals Ltd announces that assays for the surface work from the 2008 exploration program on the 100 % owned BA claims have been received. Assays indicate that at least 4 kilometers of mineralized horizon have been outlined on the BA property. The BA claims are located 30 km east of Stewart in the [...]