Xtierra Inc. announce that planned step-out drilling has commenced at its Bilbao zinc-silver-copper-lead project in Zacatecas, Mexico. The drilling will comprise of approximately 4,000 metres to evaluate the continuity of the mineralization to the northwest of the existing deposit where recently completed hole X-42 identified significant mineralization. Drilling will also concentrate to the southwest where [...]
Petaquilla Minerals Ltd. announces that it has closed a supplemental Senior Secured Notes financing , issuing a total of 20,000 Senior Secured Notes and raising gross proceeds of $20,000,000 USD.
Each Note represents a principal amount of $1,000 USD and matures on July 9, 2013, at 120% of the principal amount of such Note; provided however [...]
Consolidated Abaddon Resources Inc. announce that it has entered into a Property Option Agreement with Mining Five LLC, of Reno, Nevada (a company beneficially owned by Mike Skopas and John Harper) to earn a 100% interest in and to 216 mineral claims consisting of 4320 acres located in the Stillwater Range, Table Mountain Mining District, [...]
Toro Ventures, Inc. reports that the third shipment of oil has been shipped to the oil purchaser from its Crown lease. The Crown 1 & 3 wells have been producing with no down time. The Company has installed all pipes for the gas discovery on the Crown # 3 well. Interfin Gas Gathering Corporation has [...]
Hyperdynamics Corporation announced that top executives from the Company are attending the 15th Africa Oil Week being held next week in Cape Town, South Africa. This is Africa’s premier international event operated by Global Pacific and Partners. It is the world’s largest and most significant exploration and development event on Africa for the global oil [...]
Tao Minerals, Ltd. provide update regarding the status of the company’s current financing arrangements. Tao and the lender of the $1,000,000 financing previously announced in a news release dated April 10, 2008 have jointly agreed to the cancellation of that agreement. Due to the cancellation of the agreement, Tao will not be filing the [...]
Khan Resources Inc. provide an update on the political situation in Mongolia as it relates to the mining industry. On October 1, 2008, President Nambaryn Enkhbayar in his opening speech to the Mongolian Parliament said “It is the reality that Mongolians cannot invest in deposit independently, introduce advanced technology and provide qualified experts. Therefore, there [...]
Keegan Resources Inc. announce the results of the stream sediment survey on the recently acquired Mt. Olives concession at its Asumura project in NW Ghana. The most significant find of the program is an 18 km long zone of anomalous stream sediments that suggest the potential for a significant regional zone of mineralization. Keegan is [...]
Uranium City Resources Inc. announce that the TSX Venture Exchange has now approved the previously announced (see Press Release of September 30, 2008) Option Agreement with Running Fox Resources whereby UCR can earn up to a 60% interest in 178 lode mining claims (over 3160 acres) located in a well known area of mineralization south [...]
Mineralogy Pty Ltd., a privately-held company based in Brisbane, Australia, is pleased to announce that it is offering to purchase, for $1.41 per common share in cash, that number of common shares of Waratah Coal Inc. that constitutes, when added to the Waratah common shares beneficially owned by Mineralogy or any of its affiliates, 50.1% [...]
