Terra Energy & Resource Technologies, Inc., a natural resource exploration technology company, has completed an exploration services project for oil and gas in Nevada under a contract with Golden Eagle Alliance, LLC, a Colorado limited liability company. The contract entailed the application of STePĀ®, Terra’s proprietary remote sensing exploration technology, with the objective being to...
Buckingham Exploration Inc. announce that it has optioned the Lady Ermalina Chemainus Claims on Vancouver Island. The option calls for an immediate payment of cash and shares and staged payments in future years. Specifically, Buckingham agreed to issue an aggregate of 600,000 shares of common stock of the company and to pay an aggregate of $5,000 in cash in consideration for the grant of the sole and...
Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, sold more than 800 equipment items, including more than 30 cranes, in a multi-million dollar unreserved public auction at its permanent auction site in Denver, Colorado on Tuesday, October 20, 2009. The unreserved auction attracted more than 1,600 on-site and online bidders from more than 25 countries as far away as the United...
Wits Basin Precious Minerals Inc. announce the completion of a share exchange transaction with Princeton Acquisitions, Inc., a Colorado corporation, and Hunter Bates Mining Corporation, a Minnesota corporation, which was previously a wholly-owned subsidiary of Wits Basin, in which all of the Hunter Bates shareholders exchanged their equities for newly issued Princeton equities. As a result of the transaction,...
North Bay Resources Inc. announce that it has finalized and signed a contract with Lincoln Resources Inc. (“Lincoln”), a private Nevada corporation, to enter into a joint-venture for the development of North Bay’s Coronation Gold Property. Terms of the agreement call for Lincoln to commit up to $1.5 million CDN over three years for exploration expenses, developmental drilling, and...
Blackrock Resources Inc. an independent mineral exploration company engaged in the acquisition, exploration and development of high-quality gold, silver, and copper properties in North and South America announce that it has signed a letter of agreement with Global Minerals Ltd., a British Columbia company, to enter into a joint venture to develop and exploit Global Minerals’ Front Range gold...
Sierra Minerals Inc. announced today that the Company has produced 5,447 ounces of gold in the second quarter of 2009 (ended June 30, 2009) at its 100% owned Cerro Colorado mine in Sonora, Mexico. This represents an 18% increase over the fiscal quarter ended March 31, 2009 and on a year-to-date basis, a 6% increase over production in the first half of 2008. Gold production for the first six months...
Wits Basin Precious Minerals Inc. provide the following update regarding the Bates Hunter Mine, a gold mine the Company owns in Central City, Colorado. In February 2008, the Company communicated plans to consider a gold strategy. Further to that announcement, we have created a Colorado gold division named Standard Gold of which Wits Basin will be the majority shareholder. At the Bates Hunter Mine,...
Denison Mines Corp. announce that it has closed its previously announced “bought deal” financing. Denison has sold to a syndicate of underwriters 40,000,000 common shares at $2.05 per common share to raise gross proceeds of $82,000,000. The Company has also granted the syndicate an option to purchase up to an additional 6,000,000 common shares at $2.05 per share exercisable within thirty...
Santa Fe Gold Corp, a U.S. based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, today announced that its Mexican subsidiary, Minera Sandia S.A. de C.V., had entered into a purchase option contract on the Pilar Gold Property consisting of two mineral exploitation concessions located 165 kilometers east-southeast of Hermosillo, Sonora State, Mexico. The company...