Closing Financing of $9 Million and Listing of Candente Gold Corp.

Candente Resource Corp. and Candente Gold Corp. has announce the closing on December 30th of three tranches totalling $9,028,130 in the previously announced private placement offering of common shares of Candente Gold (the “Financing”). Exploration will commence in January on the El Oro property in Mexico. A program of underground drifting and drilling will target extensions to high-grade... 

Tag: candente mining, candente gold cp, candente gold corp, candente gold

Touchdown Capital Options BC Gold Property

Touchdown Capital Inc. announce that it has entered into an Agreement of Purchase and Sale (the “Agreement”) with an Arm’s Length Party (the “Arm’s Length Party”) to purchase a 100% interest, subject to a 2% NSR Royalty, on 15 mineral claims totalling 5916.3362 hectares located in the Caribou Mining Division in the Province of British Columbia (the “Property”). The... 

Tag: touchdown capital, purchase and sale capital gold, rainy pass mining, gold strike nl, offshore mining for gold in alaska

Cronus Resources Ltd. Announces Reverse Take-Over

Cronus Resources Ltd. announce that it has entered into an amended and restated letter of intent dated October 9, 2009 with Continental Gold Limited (“Continental”), an arm’s length Bermuda based gold exploration company with a portfolio of properties in Colombia, pursuant to which Cronus (or a subsidiary thereof) will amalgamate with Continental to further develop the properties... 

Tag: cronus oil, continental gold medellin colombia, great western minerals takeover, ari sussman columbia, columbia continental gold information

Bonanza Goldfields acquires Claim No. 4 to capitalize on large gold vein target in the BRB

Bonanza Goldfields Corp. announced that it has completed the strategic acquisition of a 160-acre unpatented placer mining claim (Claim # 4) located in the Northeast 1/4 Section 29 on the Black Rock Basin (BRB) in Mariopa County, Arizona. The property lies adjacent to the Company’s recently acquired BRB Claim # 3, which was announced on September 24, 2009. “This recent acquisition is a potential... 

Tag: gold claim in nfld

New gold acquisition in Pinos district, Zacatecas, Mexico

Xtierra Inc. announce that it has entered into an option agreement with private Mexican interests whereby it may acquire a 100% interest in the El Dorado gold project within 2,890 hectares of mining claims located in the Pinos district of southeastern Zacatecas State, Mexico. The property is located within the Central Mexican Mineral Belt and has an existing small-scale underground gold mining operation... 

Tag: pinos driller, zacatecas mexico news, mining in zacatecas mexico, pinos gold district, new gold mexico

Drilling Commences at New Dimension’s Reese River Silver Project, Nevada

New Dimension Resources Ltd. and its wholly-owned subsidiary Dimension Resources (USA) Inc. (the “Company” or “New Dimension”) are pleased to announce that a 2,000 metre Phase I reverse circulation (“RC”) drill program has commenced at New Dimension’s Reese River Project (the “Property” or “Reese River”) in Nevada. The Phase I drill... 

Tag: letter of interest project, sample letter to acquire land, sample letter of interest property acquisition, mine drilling costs in mosambiek, zion oil

Golden Predator Commences Drilling on St. Elmo Project, Nevada; Graduates to TSX-V Tier 1

Golden Predator Royalty & Development Corp. announces that it has commenced drilling on the St. Elmo Project located 100 km north of Elko, NV. The St. Elmo Project was recently acquired under an option agreement with Nevoro Nevada Inc., a wholly owned subsidiary of Nevoro Inc., and an aggressive exploration program has been initiated on several drill-ready targets on the Project. Drilling at the... 

Tag: goldstandard mining

Great Basin Gold Continues to Encounter Bonanza Gold Grades at Hollister Property

Mining and Exploration company Great Basin Gold Ltd. announces further high-grade exploration drilling results at its Hollister property in Nevada for the quarter ending March 31, 2009. An exceptional result was achieved with underground borehole HDB-274 which intersected 50.11 oz per short ton (“opt”) over 0.7 ft (1,718 g/t Au over 0.23 m) on the western strike extension of the Central... 

Tag: bonanza gold grades, mining for great basin gold

Natural Gas Oversupply and New Pipeline Capacity Promise Bonanza for Northeast Natural Gas Buyers

A new report from BENTEK Energy examines the consequences of rapidly changing natural gas market conditions in the Northeast resulting from continuing increases in domestic production, new pipeline infrastructure and shifts in the sources of natural gas imports. Just issued, Part 3 of BENTEK’s “Catch the Wave™” Market Alert series illustrates important Northeast market developments... 

Tag: rockies rig count, northeast pipeline capacity, observer bentek offers, pipeline capacity in northwest louisiana, natural gas domestic oversupply

Mirasol Options the Nico Silver-Gold Project to Coeur d’Alene Mines

Mirasol Resources Ltd. announces that it has signed an exploration option agreement with Coeur d Alene Mines to explore and develop Mirasol’s 100% owned Nico Project, located in the Deseado Massif gold-silver epithermal district of Santa Cruz province, southern Argentina. The terms of the agreement provide that Coeur spend US $2.3 million in exploration over four years to earn a 55% interest...