Sarissa Resources, Inc., announce that a contract has been arranged for an initial fall diamond drill program on its Lake Nemegosenda Carbonatite property. The property comprises approximately 4800 acres (1800 patented, and 3000 contiguous acres staked in 2008) in Northern Ontario. The property is easily accessible off of Highway 101 between Timmins and Chapleau, Ontario. Extensive exploration and...
Colorado Goldfields Inc. announces that Lee R. Rice has accepted the position of President and CEO of Colorado Goldfields. “We are thrilled that Mr. Rice has accepted this position. His broad background and leadership will propel us even faster toward the completion of our business plan,” said C. Stephen Guyer, Chief Financial Officer for Colorado Goldfields. Mr. Rice is currently a member of the...
Latin American Minerals Inc. announces that it has retained Hedenquist Consulting, Inc. and Smee & Associates Consulting Ltd. to provide advise in the Paso Yobai Gold Project in Paraguay. Dr. Jeffrey W. Hedenquist, Ph.D., President of Hedenquist Consulting, Inc., provided advice on the exploration model, the nature of the epithermal system and the ongoing exploration and proposed drilling program...
Silver Verde May Mining Company announce that it has signed a letter of intent to acquire all of the issued and outstanding shares of Golden Eagle Mining Co., Inc.. Upon completion of due diligence and further director approvals, Verde May will issue 14,287,680 of its common shares to acquire all of the shares of Golden Eagle. Golden Eagle is an Idaho corporation incorporated in 1968. Golden Eagle...
Mr. Jaime Navas Gaona and Mr. Richard G. Stevens to the Company’s Board of Directors. Mr. Navas, a geologist, holds his Masters degree from the Colorado School of Mines, and has spent his 40 year career working in Colombia and other Latin America countries successfully identifying and developing exploration opportunities for well established oil and gas companies. Mr. Navas is experienced in evaluating...
Sonterra Resources, Inc. (OTC Bulletin Board: SOTR) announced today that Donald Vandenberg has been named as Chief Executive Officer and President of Sonterra effective as of June 23, 2008. Gary Lancaster has been named as Vice President and Chief Legal Officer of Sonterra as of June 23, 2008. Michael Pawelek, Sonterra’s current Chairman of the Board will remain as Chairman of the Board, but...
Aurelio Resource Corporation (“Aurelio”) (OTCBB: AULO) is pleased to announce that it has completed, pursuant to an agreement entered into with Aurelio Resources Inc. (“ARI”) and its shareholders dated April 27, 2006, the acquisition of all of the issued and outstanding common stock of ARI, a privately-owned Colorado corporation engaged in mineral development, expansion and...