Archive for the " Mining Stocks " Category

Delta Uranium’s New Assaying Protocol Continues to Increase Grades at the Richard Lake Uranium Deposit

August 11th, 2008
Delta Uranium’s New Assaying Protocol Continues to Increase Grades at the Richard Lake Uranium Deposit

Delta Uranium Inc. announce that revised assay results have now been received for all diamond drill holes on the Richard Lake Uranium Deposit (”Richard Lake”) on the company’s 100% owned Kenora property in northwest Ontario.
Grades Increasing 20 to 35 Percent over ICP Analyses
New assays using the DNC (delayed neutron counting) assay method show increases of [...]

Devonshire Resources Announces Amendment of Private Placement

August 9th, 2008
Devonshire Resources Announces Amendment of Private Placement

Devonshire Resources Ltd., is amending its recently announced non-brokered private placement.
The private placement will now consist of 2 million units at $0.16 per unit for gross proceeds of $320,000. Each unit will comprise one share and one warrant, each warrant entitling the holder to purchase one share at $0.21 per share for a period of [...]

Oil sinks on stronger dollar to $115 a barrel

August 9th, 2008
Oil sinks on stronger dollar to $115 a barrel

Oil prices dove to $115 a barrel on Friday, driven lower by a huge jump in the U.S. dollar, signs of moderating demand around the world and the burgeoning belief that commodities may have peaked.
Shrugging off concerns about a sabotaged oil pipeline in Turkey, investors pulled their money out of commodities and put it back [...]

Network Exploration Ltd. closes private placement grants stock options

August 8th, 2008
Network Exploration Ltd. closes private placement grants stock options

Network Exploration Ltd. is pleased to announce that the Company has received TSX-Venture Exchange approval to close the non-brokered private placement of $750,000 announced July 3, 2008.
On August 5, 2008 (”Closing Date”) the Company closed a private placement whereby it issued 15,000,000 Units at a price of $0.05 per Unit. Each Unit consists of one [...]

Goldeye Completes Option Requirements to Acquire Balance of Sonia-Puma Property in Chile With TSX Venture Approval

August 8th, 2008
Goldeye Completes Option Requirements to Acquire Balance of Sonia-Puma Property in Chile With TSX Venture Approval

Goldeye Explorations Limited (Goldeye) previously announced July 21, 2008 that it has met all requirements under the option agreement and can earn a 100% interest by making a further payment of $250,000 in either cash or the equivalent sum in common shares of Goldeye based on the average closing trading price on the ten trading [...]

Asia Now Announces Private Placement

August 7th, 2008
Asia Now Announces Private Placement

Asia Now Resources Corp. is pleased to announce that it has completed a non-brokered private placement financing with China Gold Pte. Ltd. (”China Gold”), a subsidiary of Lippo China Resources Limited, a company whose shares are listed on The Stock Exchange of Hong Kong Limited and is mainly engaged in investment holding, retail business as [...]

Diamcor Mining announces planned sale of non-core assets

August 7th, 2008
Diamcor Mining announces planned sale of non-core assets

Diamcor Mining Inc., announces it plans to proceed with the disposition of certain of the Company’s So Ver mining assets. The Company will begin considering and evaluating various proposals from interested parties. The transaction may take the form of an asset sale or a sale of the Company’s subsidiary, So Ver (Pty) Ltd. The disposition [...]

Apollo Gold Announces Bought Deal Private Placement Financing of CDN$7,000,000

August 7th, 2008
Apollo Gold Announces Bought Deal Private Placement Financing of CDN$7,000,000

Apollo Gold Corporation announces that it has entered into an agreement for a private placement financing pursuant to which Apollo proposes to sell 14,000,000 flow-through shares for purposes of the Income Tax Act (Canada) (“Flow Through Shares”) on a bought deal basis at CDN$0.50 per Flow Through Share to raise gross proceeds of CDN$7,000,000. Apollo [...]