Wits Basin Completes Share Exchange Transaction and Forms a Stand-Alone Gold Company

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,... 

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Pan American Gold Corporation Announces Name Change and Share Consolidation

Pan American Gold Corporation announce that it has changed its name to Newcastle Resources Ltd. and has effected a share consolidation of its authorized and issued and outstanding shares on the basis of one (1) share for every thirty (30) shares held. The name change and share consolidation was effective with the Ministry of Government Services of Ontario on November 21, 2008. The Company will commence... 

Lighthouse Petroleum, Inc. Announces Closing of 25% Working Interest in 3,300 Gross Acres in Fremont County, Wyoming

Lighthouse Petroleum, Inc. announce the acquisition of a 25% working interest in G2 Petroleum LLC’s Diamond Springs Prospect, located within the prolific Wind River Basin. The Diamond Springs Prospect comprises 3,300 gross acres of prospective oil and natural gas property in Fremont County, Wyoming. Independent geologic work has concluded that the property has the potential for 4.3 million barrels... 

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Basic Earth Provides Update on Bakken Well in Banks Field

Basic Earth Science Systems, Inc. provided an update in its most recent Annual Report To Shareholders concerning the status of the well being drilled on its Banks Prospect farmout in McKenzie County, North Dakota. The Wil E. Coyote 2H-9 is operated by Panther Energy Company, LLC. (Panther). Under the previously disclosed farmout agreement Basic has a 6.5% carried working interest in this well. More... 

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New Frontier Energy, Inc. Completes Testing Federal 12-1 Well at Focus Ranch Unit

New Frontier Energy, Inc., a natural resource company engaged in the exploration, acquisition and development of oil and gas properties in the United States, today announced that it has finished preliminary testing of the Federal 12-1 well at the Focus Ranch Unit. “We are pleased with the initial results for the Federal 12-1 well, and we are proceeding with requesting assignments of underlying... 

USR Technology, Inc. Closes on Acquisition of Assets From Euroslot S.A.S. Valued at $2 Million

As previously announced, on July 3, 2008 USR Technology, Inc. entered into a letter of intent with the private French company Euroslot S.A.S. concerning the granting by Euroslot of a US$1,000,000 credit against the future supply of certain assets, called Snake Screen(TM), and an exclusive 20 year worldwide license, excluding France, Iran and Russia, to use and market the patented Snake Screen(TM) technology.... 

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Sterling Mining Company Announces Intention to Delist From the Toronto Stock Exchange

Sterling Mining Company’s board of directors has submitted a written request to the Toronto Stock Exchange to voluntarily delist its common shares from TSX. After careful consideration of the Company’s business needs, Sterling’s board of directors has unanimously decided to voluntarily delist its shares from the TSX. Sterling Mining Company’s Common shares (Toronto:SMQ.TO) will... 

USCorp Reports Phase Two Drilling Scheduled on its Arizona Twin Peaks Gold Property

USCorp announced that Phase Two of its drilling on its Twin Peaks Property has begun. As part of the reverse circulation drilling program, the Swiss Bell and Crosby areas will be drilled in order to prove the continuation of known mineralized trends. The drill holes will range in depth from 100 feet to 1,000 feet. Twin Peaks is a high angle quartz vein stockwork of epithermal and secondary origin,... 

USCorp Adds Claims at Its Arizona Twin Peaks Gold Property

USCorp announced the addition of ten 20-acre lode mining claims at its Twin Peaks Project in Yavapai County, Arizona. USCorp’s Twin Peaks project now consists of 151 lode claims on 3,020 acres. These 10 additional claims have filled in the “holes” in the otherwise contiguous Twin Peaks claims group in the northeast Crosby section and added additional claims on the northwest border of the Hayes... 

USCorp Reports Additional Preliminary Results of Phase One Drilling on Its Arizona Twin Peaks Gold Property

USCorp announced preliminary results of Phase One drilling on its Twin Peaks Property. According to a spokesman for Wondjina Institute, one of USCorp’s consulting geologists, “A review of plots of the portable X-Ray Fluorescence (pXRF) soil data in the area of initial USCorp Reverse Circulation drilling (Holes TPRC 2-4) strongly suggests that the high grade silver mineralization may be associated...