DIOS EXPLORATION reports its final results from last year end follow-up program on its OPINACA NORD uranium project (option to earn 50% from its partner Sirios Resources), LaGuiche metasedimentary Basin, James Bay area, Quebec, Canada. DIOS is operator of the project. The uranium radioactive zone reaching 800 meters long (targets A1, A2, A3) returned values of 0.617%, 0.162 and 0.103% uranium oxides...
Neo Material Technologies Inc. announced that the Company’s 90% owned Chinese joint venture Jiangyin Jia Hua Advanced Material Resources Co., Ltd (“JAMR”) has entered into an agreement to provide distribution, management and various technical services to Minmetal Rare Earth (Ganzhou) Co., Ltd (“MREG”). MREG is a newly formed company led by China Minmetals Corporation (“Minmetals”)...
Conway Resources Inc. announce the signature of a letter of intent by arm’s length parties setting the general terms for the purchase of all the issued and outstanding shares of private company Ressources mine Belleterre inc., which owns two mining concessions covering 404.71 hectares in Guillet Township, Quebec, known as the Belleterre mine property. As consideration, Conway will issue 8,476,450...
Roxmark Mines Limited provided an update on the status of the joint venture agreement with Premier Gold Mines Limited (TSX- PG) in which Premier has nearly more than doubled minimum required exploration expenditures over the past 12 months. In September 2007, a letter of intent was signed with Premier to explore and earn interest in certain gold properties (known as the Geraldton Project) held by Roxmark...
Orvana Minerals Corp. announce that its wholly-owned subsidiary, Orvana Resources US Corp., has entered into a minerals lease in respect of an area of the “Western Syncline” located in the Upper Peninsula of the State of Michigan. The leased area is referred to as the Copperwood Project. The Copperwood Project is located about 30 kilometers southwest of the now-closed White Pine mine, which...
Abitex Resources Inc. announce that it has entered into an option agreement to acquire a 100% interest in a uranium exploration property located in the Otish Mountains area of Quebec (the “Option”). The Epsilon property consists of 102 claim cells covering approximately 5,352 hectares and is located approximately 10 kilometres west of the “L” property that ABITEX recently optioned...
Gulfport Energy Corporation reports that after inspection of its West Cote Blanche Bay facilities by Company operations personnel, the facilities appear to be intact with no structural or other major damage from Hurricane Gustav. The field is ready to begin startup operations; however, the exact timing of the restart of production will be determined primarily by the availability of necessary third...
TransCanada Corporation received the support of the Alaska Legislature to award the company a license for the Alaska Pipeline Project under the Alaska Gasline Inducement Act (AGIA). “The Legislature’s decision represents a significant milestone in advancing this major natural gas pipeline project to connect stranded U.S. natural gas reserves to Alaskan and Lower 48 consumers. We are pleased...
Lateegra Gold Corp. continues to advance its portfolio of phosphate projects with the signing of a Letter of Understanding (“LOI”) to joint-venture its 100% owned Wapiti Property with Pacific Ridge Exploration Ltd. (“Pacific Ridge”). The property, first reported in a news release on June 10, 2008, is located south of Tumbler Ridge in east-central British Columbia, and is road...
Southeast Supply Header, LLC (SESH) has signed three additional shippers to long-term contracts, bringing total commitments to nearly 1 billion cubic feet per day (Bcf/d), the initial proposed capacity on the new natural gas pipeline system that is anticipated to be in service by summer 2008. Southern Company, Tampa Electric Company and EOG Resources, Inc., have committed to a total of 245 million...