BRYN Resources finalizes the form of a Letter of Intent with Cayenne Gold Mines Ltd
Bryn Resources Inc announce that it has finalized the form of a Letter of Intent with Cayenne Gold Mines Ltd. which it will sign today detailing the parameters within which it may enter into a Joint Venture Agreement (J.V.) with Cayenne to commence and complete a bulk sampling extraction from Cayenne’s Windflower Property near Revelstoke British Colombia in the Kootenay Mining Division of B.C. The...
Caerus Resource Granted Nine Concessions in Two of Colombia’s Most Prolific Gold Districts
Caerus Resource Corporation report further property acquisitions in the region of two recent major gold discoveries in Colombia. White Gold Corporation’s Colombian subsidiary, Oro Barracuda Ltda., has been informed by Ingeominas (Instituto Colombiano de Geologia y Mineria), that it has been awarded nine concessions (claim blocks) totalling approximately 14,000 hectares in the departments of Tolima,...
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...
Osage Terminates Participation in Rosa Blanca Concession
Osage Exploration and Development, Inc. (OTCBB: OEDV), has terminated its participation in the Rosa Blanca block in Colombia. After drilling the RB 1 well without finding producible hydrocarbons in Phase One of its exploration contract at Rosa Blanca and analyzing the corrected seismic data, Osage believes that it is unlikely that the additional structures on the property will be productive. Osage...
La Cortez Energy Update of the Drilling Operations for the Mirto-1 Well in the Maranta Block in the Putumayo Basin in Colombia
La Cortez Energy, Inc. announce the following operational update: Emerald Energy Plc. , the operator of the Maranta Block where La Cortez will hold a 20% working interest, reached the intended total depth of 11,578 ft on the Mirto-1 exploration well, with oil and gas shows recorded across the four target reservoirs. Three of the four potentially hydrocarbon bearing intervals have been flow tested with...
Medoro Signs Letter of Intent to Acquire Colombia Gold plc
Medoro Resources Ltd. a gold exploration and development company focused on acquiring properties of merit for potential joint ventures with senior producers announced that it has executed a letter of intent to acquire all of the issued and outstanding shares of Colombia Gold plc, a privately held UK company whose main assets are the mining rights to the Echandia property. The Echandia property lies...
La Cortez Energy Announces the Start of Drilling Operations for the Mirto-1 Well
La Cortez Energy, Inc. an early stage oil and gas exploration and production company currently pursuing a business strategy in the energy sector in South America announce that Emerald Energy Plc., the operator of the Maranta Block where La Cortez will hold a 20% working interest, has begun drilling operations for the Mirto 1 exploratory well. The Mirto 1 well will be drilled to an estimated target...
Ecopetrol and Anadarko Signed an Agreement to Undertake Oil Exploratory Activities in Brazil
Ecopetrol S.A., through its Brazilian subsidiary, Ecopetrol Oil Gas do Brasil Ltda., signed a Participation Agreement with Anadarko’s subsidiary, Anadarko Exploracao e Producao de Petroleo e Gas Natural Ltda. Through this agreement, Ecopetrol Oil Gas do Brasil Ltda. will have a 50% participation in the BMC-29 Concession in Brazil. The BMC-29 Concession is an offshore concession located in the...
Tao Minerals Update to Security Situation on El Colmillo Mine
Mining exploration and development company Tao Minerals announce an update on the security situation in El Colmillo Mine. Tao Minerals has been diligently working with local authorities on the national, departmental and civic stages to improve the security in the area. Progress has been made due to diligent work by local mayors who are keen to see the project go ahead and provide employment in this...
Osage Completes Testing of Rosablanca-1 Well
Osage Exploration and Development Inc. has completed testing of the Rosablanca-1 well without find producible hydrocarbons in any of the zones evaluated. Plug and abandon operations were initiated this past weekend. “The Rosablanca-1 structure was by far the largest target on the concession, which is why we began our exploration efforts there. We carried high expectations for this part of the concession...
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
