Bridge Resources Corp. Completes Acquisition of 50% Interest in Boise Basin Project

Bridge Resources Corp. through its wholly-owned subsidiary Bridge Energy Inc. has completed the acquisition (the “Acquisition”) of the assets of Bridge Energy LLC (the “Vendor”) which comprise a 50% working interest in approximately 100,000 acres located in the Boise Basin of Idaho and Oregon and offers a large number of oil and gas prospects (the “Boise Basin Project”).... 

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Bridge Resources Corp. Provides Update on USA Drilling Program

Bridge Resources Corp. through its new wholly-owned subsidiary Bridge Energy Inc. has submitted applications to drill five wells in the Boise Basin, Idaho commencing in Q4, 2009. The wells range in depth from 4,500 to 7,000 feet and will be targeting both shallow gas and deeper oil reservoirs. Several older wells flowed gas to surface at measured rates up to 400,000 cubic feet per day and two of the... 

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Paramount Gold and Silver Corp. Closes $9,000,000 Equity Financing

Paramount Gold and Silver Corp., has closed the previously announced non-brokered private placement of C$9,000,000 through the sale of 12,000,000 restricted units at C$0.75 per unit. Each unit is comprised of one common share and one share purchase warrant exercisable at a price of C$1.05 per share for a period of four years. The share purchase warrants cannot be exercised until after six months and... 

Seabridge Gold Completes Sale of Noche Buena to Fresnillo/Newmont JV

Seabridge Gold announced that it has completed the sale of its 100% owned Noche Buena gold project in Sonora, Mexico to Minera El Bermejal, S. de R.L. de C.V., an affiliate of Minera Penmont, S. de R.L. de C.V., which operates the La Herradura gold mine in Sonora. Bermejal and Penmont each are owned 56% by Fresnillo plc. and 44% by Newmont USA Limited, a subsidiary of Newmont Mining Corporation. At... 

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Redcorp Ventures Ltd.: Appointment of Owner’s Project Management Team

Redcorp Ventures Ltd. and its wholly-owned subsidiary, Redfern Resources Ltd., are pleased to announce the appointment of Global Project Management Corporation to head the Tulsequah Chief Mine project management team and provide Owner’s representation on site and with external contractors. Global’s principal is William (Bill) McKenzie, P.Eng., a well-known expert in project development... 

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Aurelio Announces Amended Agreement to Sell Hill Copper-Zinc Project & 3% NSR in Gavilanes Gold Project for $4 Million

Further to the proposed transaction announced on October 2, 2008, Aurelio Resource Corporation reports that it has executed amended agreements concerning the sale of its Bolsa Resources, Inc. subsidiary, which owns the Hill Copper-Zinc Project in Arizona , for $2.5 million in cash while retaining a 3% NSR (Net Smelter Return) to Telifonda (Cayman) Limited. In addition, the Investment Company has agreed... 

Baker Selected to Replace Three Bridges in Southeastern Pennsylvania

Michael Baker Jr., Inc., an engineering unit of Michael Baker Corporation (NYSE Alternext US:BKR), has been selected by the Pennsylvania Department of Transportation (PennDOT) to provide a broad range of engineering services for the replacement of three structurally deficient bridges in Bucks and Montgomery Counties in Southeastern Pennsylvania. The four-year, approximately $2.7 million contract involves... 

Adanac Molybdenum Corporation: Ruby Creek Project – Exploration Update

Adanac Molybdenum Corporation announces the results for 10 holes from its Ruby Creek 2007/2008 diamond drilling program. 2007/2008 Diamond Drill Program The program includes 60 holes starting at AD-372: AD-372 to AD-374 results previously reported on September 13, 2007 AD-375 to AD-383 results previously reported on July 10, 2008 AD-384 to AD-393 condemnation holes AD-394 to AD-402... 

Seabridge Gold Agrees to Sell Noche Buena to Fresnillo/Newmont Joint Venture

Seabridge Gold announced that it has signed a letter of intent to sell its 100% owned Noche Buena project in Sonora, Mexico to Minera Penmont, S. de R.L. de C.V., a joint venture between Fresnillo plc. and Newmont USA Limited, a wholly owned subsidiary of Newmont Mining Corporation. Terms of the sale are US$25 million in cash at closing, a further US$5 million upon commencement of commercial production... 

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Exploration Program Confirms Multi-Kilometric Magnetite-rich Taconite Iron Formation on Champion Minerals’ Attikamagen Iron Property

CHAMPION MINERALS INC. provide an update on the recently initiated field exploration program at the Company’s wholly-owned Attikamagen Iron Property, in western Labrador, 15km east of the town of Schefferville, Quebec. Labec Century Iron Ore Corporation (“CIOC”) is currently financing the Phase 1 exploration and development program on the Property pursuant to an option agreement with...