Central Resources Corp., announce that it has successfully completed due diligence on the Newman Todd property and is proceeding with the previously announced option agreement whereby Central can earn a 60% undivided interest in the Newman Todd property from Redstar Gold Corp. “Acquiring an option on a property located in Red Lake Mining Camp, the most prolific gold region in Canada, is a significant...
Carrizo Oil & Gas, Inc. and Avista Capital Partners announced that they have entered into a joint venture to pursue growth opportunities in the Marcellus Shale. Under the terms of the agreement, Carrizo and Avista have each committed to contribute up to $150 million in cash and properties to acquire and develop acreage in the Marcellus Shale play, including the dedication of all of their respective...
Bearclaw Capital Corp. announce the results of its summer 2008 exploration program on its Wakeham Basin and James Bay prospective uranium properties in Quebec. The programs were carried out under the supervision of some of the foremost specialists in Quebec uranium geology and exploration: Emilien Seguin, a director of Bearclaw, Benoit Magrina, Ramin Salkhi, and Kamal Sharma. Bearclaw spent a total...
Aurizon Mines Ltd. announce that it has entered into a letter agreement with Alexandria Minerals Corporation (“Alexandria”) whereby Alexandria has granted the Company an option to earn an undivided 100% interest in nineteen (19) mineral claims, subject to an existing 2% net smelter return and a 2% gross overriding receipts royalty on any diamonds extracted from the claims. One half of the...