CanAlaska Uranium commences winter drilling program at the Cree East project

CanAlaska Uranium Ltd. announce that the Company has commenced exploration on its Cree East uranium project in the Athabasca Basin, Saskatchewan, Canada. The Cree East project is funded under a joint venture with the Company’s Korean strategic partners, comprising Hanwha Corporation, Korea Electric Power Corp., Korea Resources Corp. and SK Energy Co, Ltd. The Company recently received Cdn$4.12... 

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ProspEx Resources Announces Kakwa Horizontal Well Results and Establishment of New Operating Area in West Central Alberta

ProspEx Resources Ltd. is providing an operational update with respect to certain projects within its 2009 capital program. “Flow test results from our East Kakwa horizontal well have exceeded expectations, validating the concept of a repeatable horizontal drilling development on our lands”, said John Rossall, President and Chief Executive Officer. “I am also excited to announce that... 

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Thelon to Acquire Lithium Project

Thelon Ventures Ltd. announce that it has signed a LOI with Gene Leong to acquire a 100% interest in 60 mineral Claims in the Lac Malartic area of Quebec. The terms of the LOI are that Thelon will pay $100,000 dollars cash and issue 3 million Shares on closing. Lac Malartic lithium property is located approximately 40 kilometers north of Val D’Or and 25 km south of the town of Amos in Quebec.... 

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Afri-Can Marine Minerals: Diamond Sampling Vessel Departs Cape Town

Afri-Can Marine Minerals Corporation a Canadian company, actively involved in the acquisition, exploration and development of major mineral properties in Namibia has been informed by International Mining and Dredging Holding Ltd. (IMDH) that the contracted diamond sampling vessel MV DP The Explorer has left Cape Town, South Africa, for the port of Walvis Bay in Namibia. IMDH will then conduct deep... 

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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... 

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Eagle Hill Enters Into $30 Million Financing Arrangement With IBK Capital Corporation

Eagle Hill Exploration Corp., a Canadian mineral exploration company focused on the exploration and development of gold and precious metal prospects announce it has entered into an arrangement with IBK Capital Corp. (“IBK Capital” or the “Agent”) through which IBK Capital will use its best efforts to secure private placements of up to $30 million by the issuance of common and... 

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Canadian Shield And Kinross Sign LOI to Form Alliance for Exploration In Peru

Canadian Shield Resources Ltd. announce that it has signed a Letter of Intent with Kinross Gold Corporation. The LOI provides guidelines for the Exploration Alliance which will carry out generative exploration in a designated area of Peru. Kinross will fund US$500,000 in the generative program over a 12 month period and Canadian Shield will be the initial operator of the exploration programs. Canadian... 

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Solitaire Minerals Corp. Closes Private Placement

Solitaire Minerals Corp., a diversified junior Canadian mineral exploration company announce that the non-brokered private placement announced on April 24, 2009 has closed. The Company raised $490,000 at a price of $0.07 per share. A total of 1,580,000 units were issued as flow-through units consisting of one common share and one-half of one non-transferable share purchase warrant. One warrant will... 

Shoreham Acquires GOLD and PGM Portfolio of Guiana Shield Resources Inc.

Shoreham Resources Ltd., a Canadian exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in Guyana and Canada, announce the signing of a formal letter agreement with Guiana Shield Resources Inc., a Guyanese Company. The agreement grants Shoreham the right to earn 100% of 13 Prospecting Licenses in Guyana which were selected by Guiana Shield Resources... 

American Creek announces $1,250,000 private placement offering

American Creek Resources Ltd. announced that it will be offering on a non-brokered private placement basis up to 1,000,000 units at a price of $1.25 per Unit for gross proceeds of $1,250,000 if the Offering is fully subscribed. Each Unit will consist of four flow-through common shares of the Corporation along with one non flow-through common share of the Corporation and two and one half non-transferable... 

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