Temex Resources Corp. and partner East West Resource Corporation announce that they have entered into an Option and Joint Venture agreement with Mill City Gold Corp. whereby Mill City can earn a 50% interest in the GP2 Property in the Noront-McFaulds Lake area.
Bruce Durham, Executive Chairman commented, “We have established a good working relationship with [...]

The Directors of PROBE MINES LIMITED provide an update on its McFauld’s Lake area properties. Following drill programs on both Victory and McFauld’s West projects a VTEM survey was contracted to Geotech Ltd. covering the McFauld’s West and Victory projects, as well as a number of satellite properties. The survey has now been completed and [...]

Mechel OAO, one of the leading Russian mining and metals companies, announces the appointment of a new General Director at its Southern Kuzbass Power Plant OAO subsidiary.
Sergey A. Panov (40), who previously held executive positions at the Kashirskaya State Regional Power Plant, a branch of the First Power Generating Company on the Wholesale Energy Market [...]

Victory Nickel Inc. reported further drilling results from the 2008 winter drilling program that continue to confirm continuity of nickel mineralization to depth beneath the large, open pit exploitable resource and for substantial expansion of the known resource at its Minago sulphide nickel project in Manitoba.
The results from these holes complement those reported earlier [...]

Mantis Mineral Corp. announce that 8-holes totaling 1,483-meters have been completed at its Foisey site on the 100% owned Orphan Mine Project and assay results have been received.
The results from this drill program determined the Foisey system to be an anomalous gold bearing geologic structure along an 850-meter strike length, with a potential length of [...]

Victory Nickel Inc. announces that it has received unsolicited written support from Ryan Kalt, an Independent Nickel shareholder and respected Canadian entrepreneur, for its offer to purchase 100% of the outstanding shares of Independent Nickel, described in its press release dated August 19, 2008 and contained in the formal offer and takeover bid circular filed [...]

Wallbridge Mining Company Limited announced that it signed a joint venture agreement with Impala Platinum Holdings Limited (”Impala”), the world’s second largest primary platinum producer, on its Parkin Offset Dyke Properties in Sudbury, Ontario.
Under the terms of the joint venture agreement, Impala will spend $5M over three years to earn a 50% interest in the [...]

Pacific North West Capital Corp. and First Nickel Inc. report the commencement of surface mapping and sampling programs, designed to verify the several geophysical electromagnetic anomalies identified by an earlier Aeroquest AEM survey. All work is being undertaken on mining claims currently held by either First Nickel or PFN that constitute the Raglan Hills Joint [...]