Hyperdynamics Reports Encouraging Initial Results From Oil Seeps Study of Offshore Guinea Concession Area
Hyperdynamics Corporation today announced that it has received encouraging preliminary results from an oil seeps study of the company’s 31,000-square-mile oil and gas concession offshore Guinea. The survey was conducted by TDI-Brooks International of College Station, Texas. “We conducted this study to survey projected sites of oil seepage in three areas of our concession,” said Ray...
Prize Mining & Eagle Plains Pour Gold at Yellowjacket Project, Atlin, BC
Prize Mining Corp. and its Joint Venture Partner, Eagle Plains Resources Ltd., have completed mining and milling activity for the 2009 season and have commenced seasonal clean-up and maintenance. The first gold bar was recently poured from concentrate materials milled on-site and weighs 2.284 kg. The project is operated through the Yellowjacket Joint-Venture (“YJV”), jointly owned by Eagle...
Terrane Metals Corp.: Mt. Milligan Receives Mines Act Permit From British Columbia Government
Robert Pease, President and CEO of Terrane Metals Corp. announce that the Company has received a Mines Act Permit from the Province of British Columbia for its Mt. Milligan Copper-Gold Project. Receipt of the Permit followed a comprehensive and detailed review led by the Mining and Minerals Division of the BC Ministry of Energy, Mines and Petroleum Resources. Robert Pease, President and CEO of Terrane,...
Hawthorne Commences Mining of Bulk Sample from Taurus
Hawthorne Gold Corp. announce the Company has commenced the extraction of a 10,000-tonne bulk sample from the Sable Zone located within the Taurus claim area. On August 14, 2009, the Company received the Notice of Work approval # 09-0100011-0814 from the Ministry of Energy, Mines, and Petroleum Resources to extract the bulk sample. The bulk sample will be stockpiled next to the Cassiar Gold Mine mill...
SouthGobi Energy Resources Receives Mining Licence For Tsaagan Tolgoi Coal Deposit
Alexander Molyneux, President of SouthGobi Energy Resources Ltd. announced that Mongolian authorities have issued a mining licence for the Tsaagan Tolgoi coal property that is held by the company’s Mongolian subsidiary, Southgobi sands LLC. The Tsaagan Tolgoi property is in the South Gobi Region, approximately 415 kilometres east of SouthGobi’s Ovoot Tolgoi coal mine. An independent NI...
Uranium One Announces Agreement to Acquire 50% Interest in Karatau Uranium Mine
Uranium One Inc. announced the signing of a definitive purchase agreement to acquire a 50% interest in the Karatau Uranium Mine in Kazakhstan from JSC Atomredmetzoloto (“ARMZ”), the Russian state-owned uranium mining company. The purchase price will be paid by way of the issuance of 117 million common shares of Uranium One and a cash payment of US$ 90 million (or equivalent promissory note)....
Exploration drilling permit received for Raven Underground Coal project
Compliance Energy Corporation provide a progress report on the Raven Underground Coal project on Vancouver Island British Columbia. Compliance Coal Corporation dba Comox Joint Venture (“CJV”) has just received an exploration permit from BC’s Ministry of Energy, Mines and Petroleum Resources to drill up to 53 holes (15,000 meters) on the Raven Underground Coal Project. The Raven project...
Tethys Petroleum: Protocol Signed for Northern Tajikistan Areas
Tethys Petroleum Limited announce that following meetings with the Prime Minister of the Republic of Tajikistan it has signed a Protocol of Intent (“POI”) with the Ministry of Energy and Industry concerning the negotiation of a Production Sharing Contract (“PSC”) for exploration and production in certain prospective areas in the north of the country. In the POI it is agreed...
Uranium One Announces C$270 Million Financing and Formation of Strategic Relationship with Japanese Consortium
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...
VIPR Industries Acquires Gold Property Consisting of 10 Licenses Located in Singida Region, Tanzania
VIPR Industries Inc. announces it has closed and acquired a gold property consisting 10 licenses within the Ministry of Energy and Mines of Tanzania. The 10 licenses are located within the reputable Singida region of Tanzania and are accompanied with what the company believes to be notable data and other relevant documents. Additional details on the property and terms of the acquisition will subsequently...
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