Lara Exploration Ltd. to report that Anglo Latina Consultores S.A.C., of Lima, Peru (“Anglo Latina”) has completed a positive and independent review of the Company’s Sao Lourenco tin project in Rondonia State, northwest Brazil. Anglo Latina has also prepared a Technical Report on the project to NI 43-101 standards, entitled “THE SAO LOURENCO TIN PROJECT, RONDONIA STATE, BRAZIL”,...
Golden Band Resources Inc. announce that the La Ronge Gold Project Surface Lease Agreement 2009 has been signed with the Government of Saskatchewan. The province is represented in the Agreement by the Ministry of First Nations and Métis Relations and by the Ministry of Environment. Golden Band entered into the Agreement via its wholly owned subsidiary, Jolu Development Corporation (JDC). The Surface...
Anatolia Minerals Development Limited and Calik Maden Isletmeleri A.S. (“Calik Mining”), a subsidiary of Calik Holding A.S., have formalized an agreement to create a strategic relationship. The strategic relationship will allow Calik Mining to acquire up to a 20% interest in Anatolia’s Cöpler Gold Project (“Cöpler”) and outlines a structure for cooperation and cross-investment...
Quri Resources, Inc. entered into a Letter of Intent with G&G Mining Corp., granting Quri Resources the option to acquire the Melina Project in Ecuador. Quri Resources, Inc. plans to acquire 100% interest in the Melina Project. This property is located 150 kilometers northwest of Quito. Access to the project is via paved roads maintained by the municipality of Pichincha. The Melina Project has...
Gold Coast Mining Corp. announced that the Company and Western Sierra Mining Corp. have agreed to expand their current joint venture. Western has agreed to contribute its SunGold Mine project to the joint venture. SunGold consists of 75,000 ounces of indicated gold resources worth an estimated $60 million dollars. The SunGold mine is located about 24 miles southwest of Prescott, Arizona and consists...
Unico, Incorporated, a natural resource company in the precious metals mining sector, today announced that Chairman Ray C. Brown has filed statements with the Securities and Exchange Commission reporting the acquisition of over 3.2 million shares of common stock and the subsequent gifting of approximately 1.1 million of those shares. Mr. Brown’s acquisition of shares was reported on two separate...
Apogee Minerals Ltd. announce that Micon International Limited has been awarded a contract to complete the scoping study on the Pulacayo deposit, located at Pulacayo, southwest Bolivia. Apogee has reviewed proposals from various engineering firms for the completion of the Study and ultimately selected Micon. The Study will focus on two possible production scenarios to determine the optimal approach...
Urex Energy Corporation reports that Directors of the Company met with representatives of Areva NC at the Prospectors & Developers Association of Canada conference (PDAC) in Toronto to discuss the Company’s uranium properties in southern Argentina. Areva is investigating options regarding uranium resources in southern Argentina and is in cooperation with various owners including Urex to support...
Uranium One Inc. said that it has entered into a subscription agreement with a corporation formed by The Tokyo Electric Power Company, Incorporated, Toshiba Corporation, and The Japan Bank for International Cooperation providing for the private placement of an aggregate of 117,000,000 common shares of Uranium One, for gross proceeds of approximately C$270 million. Concurrently with the execution of...
Mechel OAO, one of the leading Russian mining and metals companies, announces that VTB Bank has provided the Company with credit lines in the amount of 15 billion rubles (approximately US$560 million). VTB Bank has opened one-year credit lines totaling 15 billion rubles for Yakutugol OJSHC, Southern Kuzbass Coal Company OAO and CMK OAO, subsidiaries of Mechel. The credit facilities will be used to...