Royal Roads receives security from Acadian Mining Corporation

Royal Roads Corp. announced that it has filed on SEDAR its financial statements and management discussion analysis for the nine months ended September 30, 2008. The financial statements reflect that the inter-company advances between Royal Roads and Acadian Mining Corporation (“Acadian”) (ADA-TSX) and a wholly-owned subsidiary of Acadian have fluctuated during the year and stood at an amount... 

Canstar Resources Inc. Announces $250,000 Non-Brokered Private Placement to Explore CBS Project, Newfoundland

The Directors of CANSTAR RESOURCES INC. announce a proposed non-brokered private placement financing of up to $250,000 comprising the sale of up to 5,000,000 Units, to be sold at $0.05 per Unit, subject to regulatory approval and closing. Each Unit consists of one common share and one common share purchase warrant. Each common share purchase warrant entitles the holder to acquire one common share for... 

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Canstar Completes Vtem Airborne Geophysical Survey Over Conception Bay South (CBS) Project in Newfoundland

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... 

Canstar Resources Inc.: Mary March Adjudication Hearing Delayed

The directors of Canstar Resources Inc. announce that the Adjudication Board hearing on the Mary March property dispute, scheduled for September 15th, has been postponed until mid-November. The actual date has not yet been set but will be announced as soon as the company is advised. The reason for the postponement is because the lawyer representing the Newfoundland and Labrador Mining Recorder was... 

JNR Provides Update on Newfoundland Uranium Exploration

JNR Resources Inc. provide the following update on its uranium exploration activities in central and western Newfoundland. The Company is actively exploring two projects: Topsails and Rocky Brook. The 278,000-hectare Topsails project is a 50/50 alliance between the Company and Altius Resources Inc. (jointly the ‘Companies’), which was established to explore for volcanic-hosted uranium deposits... 

Buchans River completes plan of arrangement with Royal Roads

Buchans River Ltd. are pleased to announce that the Plan of Arrangement between Buchans River and Royal Roads was completed today. The Arrangement was overwhelmingly approved by Buchans River shareholders at a special meeting held on July 23, 2008, and was approved by the Supreme Court of Nova Scotia on July 24, 2008. It is expected that Buchans River shares will be delisted from trading on the TSX-V... 

Drilling Intercepts 16 Meters (52.5 feet) Grading 8 % Zinc and 1.11% Copper at Mountain Lake’s Bobby’s Pond Base Metals Project Located in Central Newfoundland

Mountain Lake Resources Inc. is pleased to report results from the first three holes of the current drilling program on the Company’s 100% owned Bobby’s Pond base metal (Zn-Cu + Pb-Ag-Au) project. The purpose of the current drilling program is to increase the tonnage of the deposit at depth, to determine the geometry of the deposit’s volcanogenic massive sulphide (VMS) mineralization...