Cabot Oil & Gas Corporation reported on its remediation of three frac fluid releases at its Heitsman 4H Well location in Dimock Township, Susquehanna County, Pennsylvania. As reported to the Pennsylvania Department of Environmental Protection (PADEP), on September 16, 2009 during fracing operations being performed by Cabot contractors, Baker Corporation and Halliburton, there were two releases...
Bonanza Goldfields Corp. announced that it has completed the strategic acquisition of a 160-acre unpatented placer mining claim (Claim # 4) located in the Northeast 1/4 Section 29 on the Black Rock Basin (BRB) in Mariopa County, Arizona. The property lies adjacent to the Company’s recently acquired BRB Claim # 3, which was announced on September 24, 2009. “This recent acquisition is a potential...
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....
Redhawk Resources, Inc. announce its wholly owned subsidiary Redhawk Copper, Inc. received the Aquifer Protection Permit (APP) from the Arizona Department of Environmental Quality (ADEQ) for the proposed underground exploration and development of its wholly owned Copper Creek Project in Pinal County Arizona. The APP is the major permit required for commencement of activities to access, complete exploration,...
CHINA NATURAL RESOURCES, INC. announced that, on July 10, 2009, it consummated the acquisition of (a) all of the issued and outstanding capital stock of Pineboom Investments Limited and its wholly-owned subsidiaries (the “Coal Group”) and (b) the outstanding indebtedness owing by the Coal Group to the related-party seller on the closing date. Pineboom, through its operating subsidiary,...
Passport Metals Inc. announce that it has acquired 3 new leases adjacent to its property holdings in the Holbrook Basic Potash property. The 3 claims: #08-113498, 640 acres, T16N R22 E Sec 16, #08-113499, 439.79 acres, T15N R 22E Sec 4 and #08-113500, 480 acres, T16N R22E Sec 28 total 1559.79 acres. There are two leases pending approval by the State of Arizona. In September 2008, Passport entered into...
AuEx Ventures, Inc., a precious metals exploration company announce that core and reverse circulation drilling has commenced at both the Long Canyon and West Pequop Joint Ventures located in the Pequop Gold District in Elko County, Nevada. Long Canyon is a joint venture with Fronteer Development Group Inc. who owns 51% and is operator. West Pequop is a joint venture with Agnico-Eagle Mines Limited...
Uranium Hunter Corporation announced that it has entered into a Joint Venture Agreement to acquire 49% interest of the Eagle Nest Mining Property Claims located in La Paz County, Arizona from Sparrowtech Resources, Inc. Mr. Reno Calabrigo, President stated “This joint venture agreement represents a diversification to include the precious metal industry and will provide the Company with increased...
Revett Minerals Inc. 67% held subsidiary, Revett Silver Company, and its wholly owned subsidiary RC Resources Inc. is pleased to announce it has received notice from the Montana Department of Environmental Quality (MDEQ) that the draft Environmental Assessment (EA) covering final design modifications of the Rock Creek Project, located in Sanders County Montana, has been approved as final with several...
Walter Industries, Inc. announced the permanent closure of the Kodiak Mine in Shelby County, Ala., as a result of high operational costs, difficult operating conditions and a challenging pricing environment for Kodiak’s product. The Company estimates that a resulting pre-tax charge of approximately $20 million will be recognized in the fourth quarter 2008, nearly all of which is related to the...