National Fuel Update Drilling Operations on New Pennsylvania State Leases
Seneca Resources, a wholly owned subsidiary of National Fuel Gas Company announced that it has completed drilling and coring a vertical Marcellus Shale well on Pennsylvania’s Department of Conservation and Natural Resources (“DCNR”) Tract 595 in Tioga County, Pennsylvania. Seneca acquired tract 595 at the DCNR lease sale in September 2008. At that same sale, Seneca also acquired Tract 100 in...
Nebu Resources Inc. Announces Option on Golden Mile Property in Nevada
Nebu Resources Inc. announce that it has signed an Option to Purchase Agreement with Portage Minerals Inc. to acquire Portage’s option to earn a 70% interest in 5 patented and 19 unpatented mineral leases in Mineral County, Nevada. The agreement is subject to regulatory approval. Nebu has agreed to pay to Portage a total of $92,800 Cdn and issue to Portage 800,000 common shares to acquire the...
Surge Global Plans On Drilling First Well On Acreage Leased in Crane County, Texas
Surge Global Energy, Inc. announce that its wholly owned subsidiary, Surge Energy Resources, Inc., has concluded leasing approximately 640 acres in Crane County, Texas at a cost of about $140,000. Surge plans on drilling its first oil & gas discovery well on those leases within the next 30 days at a drilling cost of approximately $450,000. The Surge Texas Prospect was leased in conjunction with...
USCorp Reports Phase Two Drilling Scheduled on its Arizona Twin Peaks Gold Property
USCorp announced that Phase Two of its drilling on its Twin Peaks Property has begun. As part of the reverse circulation drilling program, the Swiss Bell and Crosby areas will be drilled in order to prove the continuation of known mineralized trends. The drill holes will range in depth from 100 feet to 1,000 feet. Twin Peaks is a high angle quartz vein stockwork of epithermal and secondary origin,...
Emerald Bay announces initial test results at Kelsey & Medina County
Emerald Bay Energy Inc. today reported on recent testing activities at Kelsey, Alberta and Medina County, Texas. KELSEY, ALBERTA Emerald Bay has recently perforated and tested a New Pool, Basal Belly River natural gas well in Township 43, Range 18 at Kelsey, Alberta (projected 19% working interest). During the 48 hour flow test the Basal Belly River flowed approximately 265 thousand cubic feet of gas...
Arch Coal’s Thunder Basin Sweeps International Surface Mine Rescue Competition
Arch Coal’s Thunder Basin Coal Company achieved a first place finish in the 28th Annual International Surface Mine Rescue Competition held in Campbell County, Wyo., on August 21-23. A total of 12 teams from the United States and Canada participated in the three-day event hosted by the Powder River Basin Safety Association and the Campbell County Fire Department. “We’re extremely proud...
Homeland Energy to Purchase US-Based Appolo Fuels and Diversified Energy for US$105-Million
Homeland Energy Group Ltd., Appolo Fuels and Diversified Energy are pleased to announce that they have finalised a binding agreement for Homeland Energy to purchase the operating assets of Appolo Fuels, Inc., owner and operator of the Appolo coal mine and Diversified Energy, Inc., the associated coal marketing firm, of Middlesboro, Kentucky and Knoxville, Tennessee, respectively. The total purchase...
Gentor Announces Inferred Mineral Resource Estimate of 5.7 Million Tons Grading 0.15% Moly at its IMA Project in Idaho
GENTOR RESOURCES, INC. announce that the Company has established an Inferred Mineral Resource estimate at its IMA Mine project in Idaho of 5.7 million tons grading 0.15% Mo. Included in this estimate is 720,000 tons of material grading greater than 0.20% Mo and averaging 0.235% Molybdenum. Wardrop Engineering Inc. estimated the mineral resource using Gemcom Vers 6.1.3. This Inferred Mineral Resource...
Abraxas Announces Year-End 2006 Reserves, Provides an Operational Update and IPAA Small Cap Oil & Gas Investment Symposium Presentation Details
Abraxas Petroleum Corporation announced year-end 2006 reserves, provided an operational update and presentation details for the upcoming Independent Petroleum Association of America’s (“IPAA”) Small Cap Oil & Gas Investment Symposium to be held February 6-8, 2007 in Boca Raton, Florida. Abraxas’ independent reservoir engineering firm, DeGolyer and MacNaughton, estimated...
A relic of King Coal is at risk
One of the last great relics of coal mining in Northeastern Pennsylvania may be dismantled and sold for scrap – or preserved as a monument to a bygone industry. Either way, the owner of the Huber Breaker – a huge, hulking, boxy steel-and-glass structure once used to crush, wash and sort anthracite coal – is determined that its fate be decided soon. “It’s just coming to...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
Subscribe to Mining Top News Newsletter
Sign up to receive daily email updates of Mining Top News headlines. Enter your email address below:
Mining Top News - Exploration and Mining Industry News
