American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska

March 11, 2010 Filed Under: Mining Investment, Precious Metal  
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska

American Mining Corporation announce that it has signed a binding letter of intent to enter into a joint venture with International Tower Hill Mines Ltd., in respect of ITH’s high grade Terra Gold Project in Alaska. Pursuant to the letter of intent, Terra Gold Corp. (“Terra”), an Alaskan subsidiary of AMC and Raven Gold Alaska Inc. (“Raven”), a subsidiary of ITH, will form a joint venture... 

Apollo Gold Announces Entry into Letter of Intent to Sell Montana Tunnels Mining, Inc.

October 24, 2009 Filed Under: Lithium Mining, Mining Investment, Mining Stocks  
Apollo Gold Announces Entry into Letter of Intent to Sell Montana Tunnels Mining, Inc.

Apollo Gold Corporation announce that it has entered into a letter of intent with Elkhorn Goldfields LLC (“Elkhorn”) pursuant to which Elkhorn has agreed to purchase all the outstanding capital stock in Montana Tunnels Mining, Inc., an indirect wholly owned subsidiary of Apollo (“Montana Tunnels”), which includes the 50% interest held by Montana Tunnels in the joint venture agreement with Elkhorn... 

Sarissa Resources Inc. Shining Tree Property Fall Exploration Program

October 9, 2009 Filed Under: Precious Metal  
Sarissa Resources Inc. Shining Tree Property Fall Exploration Program

Sarissa Resources Inc. announces a follow-up exploration program at the O’Connor-Asquith gold property in the Shining Tree district of northern Ontario. The Shining Tree property consists of 16 claim units in the townships of Asquith and Churchill in the Shining Tree district. On a regional scale the property is located within the prolific Abitibi greenstone belt that is renowned for its concentration... 

Eagle Hill Enters Into $30 Million Financing Arrangement With IBK Capital Corporation

August 12, 2009 Filed Under: Mining Investment, Precious Metal  
Eagle Hill Enters Into $30 Million Financing Arrangement With IBK Capital Corporation

Eagle Hill Exploration Corp., a Canadian mineral exploration company focused on the exploration and development of gold and precious metal prospects announce it has entered into an arrangement with IBK Capital Corp. (“IBK Capital” or the “Agent”) through which IBK Capital will use its best efforts to secure private placements of up to $30 million by the issuance of common and... 

Golden Predator Acquires Mineral Hill Alkalic Gold Property, Crook County, Wyoming

August 12, 2009 Filed Under: Mining Investment, Mining Stocks, Precious Metal  
Golden Predator Acquires Mineral Hill Alkalic Gold Property, Crook County, Wyoming

Golden Predator Royalty and Development Corp. announces that it has signed a letter agreement with Bronco Creek Exploration, Inc. and Mineral Hill, LP pursuant to which the Company will lease the Mineral Hill Property, consisting of 20 patented and 69 unpatented mining claims located in the Mineral Hill District, Crook County, Wyoming. As consideration for the Lease the Company will pay a sliding... 

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

July 27, 2009 Filed Under: Mining Investment, Precious Metal  
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... 

Etruscan converts ownership interest in Samira to a royalty interest

July 22, 2009 Filed Under: Mining Investment, Mining Stocks  
Etruscan converts ownership interest in Samira to a royalty interest

Etruscan Resources Inc. reported today that it has concluded the sale of its interest in the Samira Hill Gold Mine located in Niger, West Africa to SEMAFO Inc. for US$3 million together with a 1.5% net smelter return royalty on additional ounces produced from the Samira Project in excess of 750,000 ounces as from July 1, 2009. SEMAFO has been the operator of the Samira Hill Gold Mine since 2004 during... 

Dumont sells Utah properties for cash plus royalty

July 17, 2009 Filed Under: Copper Mining, Diamond Mining, Precious Metal  
Dumont sells Utah properties for cash plus royalty

Dumont Nickel Inc. announce that it has concluded a sale of its Utah mineral properties and interests in the Clifton-GoldHill District to Clifton Mining Company (CFTN:USOTC) for USD$255,000 cash and a 0.5% net smelter return royalty against future production proceeds from certain parts of the properties. Dumont established the Utah Joint Venture in 2002 (announced December 18, 2002) with Clifton Mining... 

Nevada Gold Holdings Inc. Provides Overview of Nevada Exploration

June 11, 2009 Filed Under: Oil and Gas  
Nevada Gold Holdings Inc. Provides Overview of Nevada Exploration

Nevada Gold Holdings, Inc., a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, is pleased to provide an overview of the current state of gold exploration in Nevada. Nevada is a world-famous, mining-friendly state and the leading gold-producing state in the United States. According to the January 2008 U.S. Geological Survey, in 2007, approximately... 

Hidalgo Mining International Issues Update on Gold Hill Project Joint Venture

May 14, 2009 Filed Under: Precious Metal  
Hidalgo Mining International Issues Update on Gold Hill Project Joint Venture

Hidalgo Mining International, Inc. announce that its Joint Venture partner, North Bay Resources Inc., has staked additional strategic claims adjacent to the Gold Hill Project currently under joint-venture with Hidalgo. The new claims are now included within the scope of the ongoing joint-venture and cover 365 acres adjacent to the Erie-Arlington Mine, which is one of the principal target areas of the...