Copper King Mining Corporation, an ore mining, processing, and exploration company located in Southern Utah, today provided further updates concerning its operations.
Ore Body Discoveries
New drillings in the company’s current mine locations recently revealed that the ore body present is much larger than expected. In three drilled holes, several hundred feet from the known ore body, [...]

Gold World Resources Inc. announces that the Company has engaged Mr. Don Arsenault to advise senior management on acquisitions and operational issues on gold projects in China. Mr. Arsenault is a Professional Mining Engineer from Queen’s University and holds an MBA from the University of Toronto.
Mr. Arsenault is eminently qualified for this position with 30 [...]

Happy Creek Minerals Ltd. wishes to provide a general update on the Company’s status. Happy Creek Minerals was designed from the beginning to minimize investment risk and maximize return potential.
The Company currently has $1.90 million of cash in the bank, and is taking steps to minimize overhead expenditures while continuing to perform low-cost exploration on [...]

The latest shipment of gold concentrates to Metals Research, the offsite facility has resulted in the production of 257 ounces of dore’. This current shipment of dore’ and the previous shipment that resulted in the production of 149.01 ounces dore’ are currently stored at the processing facility for safe storage. Upon the accumulation of at [...]

Caldera Resources Inc. announced that it has agreed to settle the debts of four creditors of Caldera, who are also insiders of Caldera, and to amend the Letter Agreement to acquire CanBiomine Resources Inc. (”CanBio”) (the “Transaction”) dated September 24, 2008 and announced in a Press Release dated September 25, 2008. The Company is currently [...]

Southwestern Resources Corp. announce that its wholly owned subsidiary has entered into an option agreement with Vale Exploration Peru S.A.C., a subsidiary of Companhia Vale do Rio Doce, respecting Southwestern’s 100% owned Antay copper-molybdenum project, located in southern Peru.
Under the terms of the Agreement, Vale has the option to earn a 51% interest in [...]

The directors of Canstar Resources announce that the company has completed a VTEM airborne magnetic/electromagnetic survey over its recently acquired Conception Bay South (CBS) properties on the Avalon Peninsula, Province of Newfoundland and Labrador. This is the first airborne Electromagnetic survey recorded over the area.
The survey was successful in delineating at least 25 electromagnetic conductors [...]

Elray Resources, Inc., a technically-driven gold and precious metal mineral exploration company, announced today that it has hired GPX Aeroscience Pty Ltd, a highly respected Australian aeromagnetic and radiometric survey company, to survey 90km sq of its Porphyry Creek prospect in Northern Cambodia.
“The awarding of this contract marks the commencement of exploration activities in what [...]

Full Metal Minerals Ltd. and Mosam Capital Corp. have entered into a Binding Letter of Intent whereby Mosam can earn a 60% interest in Full Metal’s Mount Andrew Property, subject to acceptance from the TSX Venture Exchange.
Mosam has the option to earn a 60% interest in the Property by incurring exploration expenditures totaling $3,000,000 over [...]

Hana Mining Ltd. announces that it has amended the terms of the private placement announced September 11, 2008.
The non-brokered private placement will now consist of up to 10,000,000 units (the “Units”) at a price of $0.15 per Unit. Each Unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each [...]