VIPR Industries Inc. announces that it has signed a closing agreement to purchase up to 50% ownership of the Mwamagunguli Diamond concession in the rich Shinyanga Diamond Region of Tanzania, which is one of the world’s largest diamond producing areas. The Mwamagunguli diamond deposit consists of ten primary mining licenses that are situated south of [...]

AFRICAN QUEEN MINES LTD. announce that results of geochemical sampling from its Okavango property in the Ngamiland area of Northwest Botswana have now confirmed the presence of G10 garnets and other kimberlitic indicator minerals on its key diamond targets. The Okavango property comprises three Prospecting Licences covering approximately 2592 km2 held by the Company’s wholly-owned [...]

Mexivada has executed a series of legal documents to facilitate start up of new artisanal diamond mining operations in Sierra Leone, Africa, through its subsidiary, Mexivada Gold and Diamond Mining Company (SL) Limited. MGD has received a signed Memorandum of Understanding dated November 14, 2008 from the Gbense Chiefdom of the Kono diamond mining district [...]

Dianor Resources Inc. announce that it has completed a previously-announced purchase of surface rights to the Leadbetter Extension Property from persons associated with Mr. Joseph Leadbetter and that the surface rights have been registered in Dianor’s name.
As previously announced, under the definitive agreement for the sale of the surface rights and a related agreement for [...]

Diamond Discoveries International Corp., a U.S. company focusing on diamonds, precious and base metal exploration in the Canadian province of Quebec, announce the hiring of Knight Libertas LLC as an exclusive mergers and acquisitions advisor. In this capacity, Knight Libertas will pursue strategic options for Diamond Discoveries Caribou Properties located near Thetford Mines in Quebec, [...]

Dianor Resources Inc. announce that it has signed definitive agreements for a previously-announced purchase of surface rights to the Leadbetter Extension Property from persons associated with Mr. Joseph Leadbetter and for the immediate suspension and eventual termination of an Excavation Contract between Dianor and Mr. Leadbetter (press release August 19th, 2008).
The definitive agreements for the [...]

Majescor Resources Inc. and Strateco Resources Inc. report that they have executed a definitive option agreement for Majescor’s Mistassini uranium property. The Property is host to the Lac Mantouchiche uranium showing where Majescor drilled an 18.5-metre intersection grading 0.215% U3O8 near-surface in hole MIST-07-03 .
Strateco is currently planning an exploration program for the Property with [...]

Archangel Diamond Corporation announced on October 29, 2008 that, in connection with its proposed acquisition of a 49.99% equity interest in OAO Arkhangelskoe Geologodobychnoe Predpriyatie (”AGD”) from OAO LUKOIL described in the Corporation’s news release dated April 16, 2008, Archangel had received a conditional consent for such acquisition from the Russian Government Commission for control [...]

Sierra Gold Corporation announced the acquisition of a 12 mile long concession on the Manu river in the Zimmi region with an option to expand down to the Atlantic ocean. The company has investigated the property and has discovered small coloured and clear diamonds. Also discovered was coarse gold. Coarse gold indicates proximity to the [...]

George H. Read, P. Geo., Senior Vice President Exploration and Development, is pleased to announce that a project proposal for a joint Star-Orion South Diamond Project has been submitted to the Environmental Assessment Branch of the Saskatchewan Ministry of Environment, in addition to the following Federal agencies: Fisheries and Oceans Canada, Health Canada, Indian and [...]