CanAlaska Uranium commences winter drilling program at the Cree East project

January 27, 2010 Filed Under: Uranium Mining  
CanAlaska Uranium commences winter drilling program at the Cree East project

CanAlaska Uranium Ltd. announce that the Company has commenced exploration on its Cree East uranium project in the Athabasca Basin, Saskatchewan, Canada. The Cree East project is funded under a joint venture with the Company’s Korean strategic partners, comprising Hanwha Corporation, Korea Electric Power Corp., Korea Resources Corp. and SK Energy Co, Ltd. The Company recently received Cdn$4.12... 

Lincoln Mining advances Pine Grove gold property, Nevada

August 26, 2009 Filed Under: Mining Investment, Mining Stocks, Precious Metal  
Lincoln Mining advances Pine Grove gold property, Nevada

Lincoln Mining Corporation, a Canadian-based mineral exploration and development company announce that it is in the process of advancing the Pine Grove gold property in Lyon County, Nevada. Lincoln has contracted Dudley Thompson Mapping Corporation Inc., of Surrey, BC, for new photogrammetry suitable for mine-site engineering. Ground survey control and aerial photography are planned for September.... 

Banro acquires refurbished process plant to fast track gold production at its Twangiza project

August 13, 2009 Filed Under: Precious Metal  
Banro acquires refurbished process plant to fast track gold production at its Twangiza project

Banro Corporation announce that it has entered into an agreement to purchase a refurbished gold processing plant (the “plant”) capable of achieving a throughput capacity of 1.3 million tonnes per annum. The closing of the purchase of the plant is expected to occur on or about September 21, 2009. This acquisition supports the Company’s strategy of advancing production through a staged... 

Canadian Zinc Corporation: Minister Strahl Visits Prairie Creek Mine Site

July 17, 2009 Filed Under: Lead Mining, Precious Metal, Zinc Mining  
Canadian Zinc Corporation: Minister Strahl Visits Prairie Creek Mine Site

Canadian Zinc Corporation reports that The Honourable Chuck Strahl, Minister of Indian Affairs and Northern Development and Federal Interlocutor for Metis and Non Status Indians, on July 16, 2009 visited the Company’s Prairie Creek Mine site in the Northwest Territories. Minister Strahl was in the Northwest Territories, accompanied by The Honourable Jim Prentice, Canada’s Environment Minister... 

Exploration drilling permit received for Raven Underground Coal project

May 26, 2009 Filed Under: Coal Mining, Mining Investment  
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... 

Anadarko Announces Deepwater Gulf of Mexico Discovery

February 2, 2009 Filed Under: Oil and Gas  
Anadarko Announces Deepwater Gulf of Mexico Discovery

Anadarko Petroleum Corporation announced a substantial oil discovery at its Heidelberg prospect in Green Canyon block 859 in the deepwater Gulf of Mexico. The discovery well encountered more than 200 feet of net oil pay in several high-quality Miocene sands. “The Heidelberg discovery further validates our geologic understanding of the subsalt Miocene trend. The well encountered the same-age sands... 

Timberline Receives Positive Hydrogeologic Test Results At Its Butte Highlands Gold Project

January 13, 2009 Filed Under: Precious Metal  
Timberline Receives Positive Hydrogeologic Test Results At Its Butte Highlands Gold Project

Timberline Resources Corporation announced the completion of a hydrogeologic study at its 100-percent owned, royalty-free Butte Highlands Gold Project in southwestern Montana. The positive results of the study represent a significant milestone in the permitting process and the proposed underground exploration and development schedule. The study was a requirement for permit application and Timberline... 

Gateway Energy Acquires Net Profits Interest in Madisonville Gas Field

December 26, 2008 Filed Under: Mining Investment, Oil and Gas  

Gateway Energy Corporation announced that it has acquired a 9.1% net profits interest in certain leases and wells in the Madisonville, Texas gas field for $762,450. The effective date of the acquisition is September 1, 2008. The NPI covers production from certain identified leases and wells owned by operated by Redwood Energy Production, L.P. (“Redwood”) in the Madisonville Field insofar... 

Frontera Resources Announces Commencement of Mirzaani #2 Well in Georgia

December 23, 2008 Filed Under: Oil and Gas  

Frontera Resources Corporation, an independent oil and gas exploration and production company, announced the recent commencement of the Mirzaani #2 well at the Mirzaani Field in its Shallow Fields Production Unit, Block 12, in the country of Georgia. Drilling operations commenced on December 17 at the Mirzaani #2 well, the first well in a new drilling campaign that is focused on opening up an underdeveloped... 

Copper Canyon and Egoli Gold Amend Abo Option Agreement

December 19, 2008 Filed Under: Copper Mining, Lead Mining, Molybdenum Mining, Precious Metal, Zinc Mining  

Copper Canyon Resources Ltd.and Egoli Resources Inc. (a private British Columbia Corporation) have agreed to amend Egoli’s option to earn a 75% interest in Copper Canyon’s wholly owned Abo Gold Property located in the Harrison Lake area of south-western British Columbia, approximately 130km east of Vancouver. Under the modified terms of the agreement, Egoli may earn a 75% interest in the...