Archive for the ‘Precious Metal’ Category

Tombstone Exploration Corp. Completes First Drill Hole

Tombstone Exploration Corporation announced that its first drill hole, TEMC 101, has been completed at a depth of 980′. The down-the-hole survey was completed with readings at 150′ intervals with the Reflex EZ-Shot geophysical instrument, indicating that the drill hole remained very much on the direction and angle that had been set up. Recovery remained [...]

Thursday, July 24th, 2008

New Asia Gold Corp. Acquires 100 Percent Interest in Gold Company

New Asia Gold Corp. is pleased to announce that it has acquired 100% of the shares of an Indonesian gold exploration company as a result of a share exchange agreement. The shares issued related to this transaction are restricted. The gold company has proven and probable reserves of gold. Based on independent assessment reports the [...]

Thursday, July 24th, 2008

ITT Chosen to Move Filtered Seawater to the High Desert for Large-Scale Mining Project in Chile

ITT Corporation has received a multi-million dollar contract to provide filtered seawater to Esperanza, a large new copper-gold mining project in Chile’s Atacama Desert, the driest desert in the world. The mine will be the first large-scale mine in Chile to make use of seawater in the mining process.
As part of the project, ITT will [...]

Wednesday, July 23rd, 2008

American Metal & Technology, Inc. Announces Preliminary Second Quarter 2008 Results

American Metal & Technology, Inc., a leading manufacturer in the People’s Republic of China engaged in the development, manufacture and sale of high-precision metal casting and metal fabrication products to European and U.S. markets and microprocessor- controlled electronic circuit boards in China, today announced preliminary results for the second quarter ended June 30, 2008. The [...]

Tuesday, July 22nd, 2008

SRA Announces Robust Scoping Study on Germanium and Gallium

Strategic Resource Acquisition Corporation is pleased to announce the results of a preliminary assessment (”scoping study”) conducted by Aker Metals on the economic viability of a process to recover both Germanium (Ge) and Gallium (Ga) in the zinc leachate from smelting Mid-Tennessee zinc (MTZ) concentrate.
The study is based on a projected plant feed of 13,000 [...]

Tuesday, July 22nd, 2008

G & S Minerals Completes Company Audit; Improves Transparency and Public Disclosure

G & S Minerals, Inc. dba Gold & Silver Minerals, a mining company focused on developing high-quality and low-risk mineral resource and energy prospects, today announced that the Company has completed its audited financial statements for the years ended December 31, 2007 and 2006 and completed its unaudited interim financial statements for the three- and [...]

Monday, July 21st, 2008

Orbit Garant Drilling Awarded Specialized Drilling Contract by Polar Star Mining

Orbit Garant Drilling Inc. announced that it has entered into a two-year contract with Polar Star Mining Corporation to provide specialized diamond core drilling services at Polar Star’s properties in Chile.
The drilling services are scheduled to begin in the second quarter of Orbit Garant’s fiscal year and involve a continuous minimum of 25,000 linear meters [...]

Monday, July 21st, 2008

Vena Begins Second Phase 8,000 Metre Drill Program at Azulcocha West

Vena Resources Inc. is pleased to announce that the second drill program has commenced at Azulcocha West. An additional 27 drill holes have been designed for a total of 8,000 metres of drilling. Drilling includes targets on the Cantagallo, Recuperada and El Triunfo areas along the southern area of the Azulcocha West property including a [...]

Saturday, July 19th, 2008

Radisson Mining Confirms Issuance of Shares for Debt

Radisson Mining Resources Inc., announces the issuance of 238,806 Class A Shares at $0.335 per share in settlement of debt obligations owed to Dale M. Hendrick of $80,000 following the receipt of a final letter of approval by the TSX Venture Exchange (the “TSXV”). These obligations were incurred under a technical consulting arrangement with Mr. [...]

Saturday, July 19th, 2008

Oriental Minerals Amends Acquisition of Sangdong; Arranges Interim Loan Financing

Oriental Minerals Inc. is pleased to announce it has amended payment terms for the acquisition of the Sangdong tungsten-molybdenum project in South Korea. The Company has also secured a $3 million interim loan financing from Longview Capital Partners, its largest shareholder.
Payment terms for the current installment due for the Sangdong acquisition have been amended to [...]

Saturday, July 19th, 2008