When the U.S. Marine’s V-22 Osprey tilt-rotor aircraft settled to the Libyan desert to retrieve the ejected U.S. airman, it did so with triple-melted alloys manufactured by Latrobe Specialty Steel. The V-22 Osprey with its unique tilt-rotor mechanism uses many Latrobe premium alloys for such critical components within the transmission gear boxes, rotor shafts and the engines. “The well executed rescue this week, showcased the distinctive advantages...
Imperial Metals Corporation, American Bullion Minerals Ltd. (“ABML”) and Red Chris Development Company Ltd. (“RCDC”) (collectively, the “Parties”) announced on February 4, 2011 that they had signed a definitive agreement (the “Agreement”) under which RCDC agreed to acquire all of the issued and outstanding common shares of ABML not presently owned by RCDC (the “Minority Shares”) pursuant...
Stronghold Metals Inc. The Company is pleased to announce that final preparations are underway for a major mineral resource outline drilling program at the Eagle Mountain Gold Project (“Eagle Mountain” or the “Project”), located in Guyana, South America. The Project comprises an area of approximately 5050 Ha (12,480 acres) in central Guyana, 200km southwest of the capital Georgetown and 45 kilometres from the historic Omai...
California Gold Corp. is pleased to announce it has signed a property option agreement (the “Agreement”) with Mexivada Mining Corp. (“Mexivada”) to acquire up to an 80% interest in Mexivada’s La Viuda and La Viuda-1 concessions comprising its AuroTellurio tellurium-gold-silver property south of the city of Moctezuma, Sonora, Mexico. The Company can earn up to an 80% interest in the Mexivada property over a 48-month...
MacDonald Mines Exploration Ltd. is pleased to announce it will commence a 6,000 meter diamond drill program on its Butler Lake and Semple-Hulbert Properties in the James Bay Lowlands of Northern Ontario. The 3,000 meter Butler Lake program is scheduled to commence in the third week of February, while the 3,000 meter Semple-Hulbert program is scheduled to commence in March. The Butler Lake drill program will focus on high priority vanadium, nickel-copper-platinum...
EnviroXtract, Inc. announces that Michael Chaffee has agreed to join the Company’s executive management team as Chief Operating Officer. Mr. Chaffee will oversee the Company’s business expansion into the precious metals mining and processing industry. “We are very excited to welcome Michael Chaffee on board at EnviroXtract. His extensive experience in the mining industry will provide the foundation we need to move forward with our...
Coalcorp Mining Inc. announces that it has entered into an agreement with Formation Metals Inc. for the prepayment by Formation of the 12% unsecured convertible debenture in the principal amount of $8 million issued by Formation to Coalcorp on May 6, 2010 (the “Debenture”). Currently, the principle amount outstanding on the debenture is $7 million, and Coalcorp holds 795,638 of Formation common shares. Pursuant to this agreement, Coalcorp...
RAZOR RESOURCES INC. announces that their second shipment of gold has now been processed through Johnson Matthey at their facility in Salt Lake City, Utah. Razor Resources is pleased to be among a select group of clients qualified to work with Johnson Matthey. With almost 200 years of experience, Johnson Matthey is the largest global full-service refiner of precious metals. They remain at the forefront of refining technologies and techniques allowing...
Aurum Advisors President Marc Lubaszka said, “Scam artists are widespread today.” Industry experts agree that many smaller local coin dealers offer to buy coins back from household investors at a greatly reduced price especially if the consumer purchased the coins initially from a larger coin dealer. “Larger firms have the capital to buy gold back from the consumers that purchased metals from them initially, usually at a greater...
White Mountain Titanium Corporation reports that it has received its first quarterly progress report since licensing a new titanium metal technology in September, 2010. During the past quarter lab scale test work continued at the University of Cambridge in the UK under the direction of Professor Derek Fray into the refining and electrolytic deposition of pure titanium from lower grade concentrate. Small quantities of sponge have been produced successfully...
Pacific Energy Development and Blast Energy Services Sign Merger Agreement
Pacific Energy Development Corp. (“PEDCO”), a privately-held oil and gas company engaged...
Silvore Fox Updates Progress on Winston Lake and Coxheath
Silvore Fox is pleased to announce that they have received the results of the Geotech Ltd VTEM...
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