Alix Acquires Claims in B.C. With 2.04% Rare Earth Oxides Across 15 Meters

ALIX RESOURCES CORP. has entered into an agreement to acquire a block of claims totalling approximately 450 hectares in British Columbia which host a historic BC Minfile Rare Earth Oxide (REO) occurrence. BC Minfile reports that “a sample of chips taken at random across a 15 metre section returned… 2.04%REO” (Minister of Mines Annual Report 1965 p.266). The second claim block consists... 

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Black Hawk Exploration Incorporates Wholly Owned Gold Exploration Subsidiary ‘Golden Black Hawk’

Black Hawk Exploration incorporates wholly owned Gold Exploration subsidiary “Golden Black Hawk”. Black Hawk Exploration is a diversified energy and metals exploration company focused on identifying, acquiring and exploring strategic high value properties and developing new prospective projects globally. Further to its previous announcement in late September 2009 Black Hawk Exploration... 

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Sphere Resources Inc Enters Option Agreement Over Mining Claims in Scadding, Sudbury, Ontario

The company has recently adopted a new strategy of identifying and appropriating exploration targets in major global mining camps including Sudbury and Red Lake with a particular emphasis on precious metals. The Company has completed a review of several gold exploration properties in the United States of America and Canada. The company has decided to enter into an initial Option Agreement with respect... 

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Kaminak’s Partner Completes Drilling on Cry Lake, British Columbia

Kaminak Gold Corporation announced that project partner Solomon Resources Ltd. completed a diamond drill program on Kaminak’s 100% owned Cry Lake Gold-Silver Project located in north western British Columbia, Canada. The program was funded by Kaminak’s partner who completed two diamond drill holes totalling 416 metres as well as geological mapping and sampling of an extended soil geochemical... 

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Barrick to Acquire 70% Interest in El Morro Project

Barrick Gold Corporation announced that it has entered into an agreement with Xstrata Copper Chile S.A. (“Xstrata”), a wholly owned subsidiary of Xstrata Plc, to acquire Xstrata’s 70% interest in the El Morro project for $465 million in cash. El Morro is an advanced gold-copper project located in the Atacama Region in Chile. As reported by Xstrata, total measured and indicated gold... 

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Drilling Commences at Ucore’s Bokan-Dotson Ridge Rare Earth Project

Ucore Uranium Inc. announce that drilling has commenced at its 100% owned Bokan – Dotson Ridge rare earth element (REE) project located in southeast Alaska. Ucore acquired the property in 2007, and has completed 2,938 meters of drilling over 46 drill holes in 2007 and 2008, primarily investigating the potential for uranium mineralization at the I&L zone. Those drill holes returned anomalously... 

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CBM Asia Development Acquires Interest in South Sumatra Production Sharing Contract

CBM Asia Development Corp. announces that it has signed a Letter of Intent (“LOI”) with Batavia Energy Inc. (“Batavia”) to acquire 48 percent of South Sumatra Energy Inc. (“SSE”) which, together with PT Medco CBM Sekayu (“PT Medco”), holds a Production Sharing Contract (“PSC”) for coalbed methane on a 58,349 hectare block located in the South... 

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Blackrock Resources Enters into Letter of Agreement for Joint Venture in Gold Hill Mining District, Colorado

Blackrock Resources Inc. an independent mineral exploration company engaged in the acquisition, exploration and development of high-quality gold, silver, and copper properties in North and South America announce that it has signed a letter of agreement with Global Minerals Ltd., a British Columbia company, to enter into a joint venture to develop and exploit Global Minerals’ Front Range gold... 

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Trilliant Exploration Acquires Minority Stake in Global Diamond Resources, Plc

Trilliant Exploration Corp., a fully operational gold mining company with concessions in southern Ecuador, announced today that it has acquired a minority stake in privately held, Global Diamond Resources (GDR). The ?£1.5 million ($2.42 Million USD) investment was made by Trilliant Exploration’s wholly owned UK subsidiary, Trilliant Diamonds Ltd. Global Diamond Resources maintains a 93% interest... 

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Yamana Gold added to FTSE Gold Mines Index

YAMANA GOLD INC., a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico and Central America announced that effective today its shares have been added to the FTSE Gold Mines Index. The FTSE Gold Mines Index is designed to reflect the performance of the worldwide market in the... 

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