Stans Energy Corp. Acquires Former Producing Kutessay II Rare Earth Mine

Stans Energy Corp. acquired 100% of the Kutessay II deposit along with 100% of the Kalesay Beryllium deposit from the Government of Kyrgyzstan for $855,000 US by acquiring 100% of “Kutisay Mining” on the Central Asian Stock Exchange. Stans Energy Corp. has commenced a feasibility study on restarting production at Kutessay II. A NI 43-101 report will be done in conjunction with the feasibility... 

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Drilling Continuing on Three Hard-Rock Target Zones at Sacre-Coeur’s Million Mountain Gold Project

SACRE-COEUR MINERALS, LTD. announced that the second phase of core drilling is now underway on target Zone 9 situated on the 20km Million Mountain trend occurring on the Company’s Lower Puruni block of properties in Guyana, South America. As previously announced in a Press Release dated July 31, 2009, phase I drilling intersected several mineralized zones containing gold mineralization up to 4.0... 

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First Majestic to Acquire Normabec Mining Resources

First Majestic Silver Corp. and Normabec Mining Resources Ltd. have entered into a definitive agreement whereby First Majestic will acquire Normabec. The transaction will be an all-share transaction by way of plan of arrangement. The Agreement, among other things provides that First Majestic will acquire Normabec in exchange for the issuance directly to Normabec’s shareholders of 0.060425 First... 

African Queen Completes $1.278 Million Private Placement

AFRICAN QUEEN MINES LTD., an exploratory resource company with diversified mineral properties in Southern Africa announce the closing of the second tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $441,810. Together with the first tranche, previously announced, the Company raised aggregate gross proceeds in this private placement of CAD $1,278,060. Under... 

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American Bonanza Completes Sale of Taurus Property

American Bonanza Gold Corp. announces that it has completed the sale of the Taurus Property to Hawthorne Gold Corp. and on December 31, 2008, received 6.75 million common shares of Hawthorne, representing 12.7% of the outstanding shares of Hawthorne. Bonanza now owns 6,828,947 common shares of Hawthorne representing 12.9% of the issued and outstanding shares of Hawthorne. Total consideration received... 

African Queen Mines Abandons Braganza Gold Project in Mozambique to Focus on Priority Targets

African Queen Mines Ltd. announces that it has provided formal notice of abandonment to Bobcat Mining Limitada with respect to the Braganza Gold Project in Mozambique. The Company has the right to earn up to a 75% interest in the Project pursuant to the Letter Agreement dated August 17, 2007, between Pan African Mining Corp., predecessor to the Company, and Bobcat, as amended on October 4, 2007 and... 

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African Queen Mines’ Sampling Yields G10 Garnets and Other Kimberlitic Indicators Over Key Diamond Targets on Its Okavango Project in Botswana

AFRICAN QUEEN MINES LTD. announce that results of geochemical sampling from its Okavango property in the Ngamiland area of Northwest Botswana have now confirmed the presence of G10 garnets and other kimberlitic indicator minerals on its key diamond targets. The Okavango property comprises three Prospecting Licences covering approximately 2592 km2 held by the Company’s wholly-owned subsidiary,... 

Ivanhoe Mines Makes Another High-Grade Discovery of Gold and Copper at the Oyu Tolgoi Project in Mongolia

John Macken, President and CEO of Ivanhoe Mines Ltd., and Doug Kirwin, Executive Vice-President, Exploration, today announced additional details of the exploration drilling at the company’s Oyu Tolgoi Project in Mongolia that has discovered a new zone of high-grade gold and copper mineralization, which has characteristics of the earlier high-grade discoveries at the Hugo Dummett and Southwest... 

Noront and Rosseau Resolve Proxy Contest and Agree on Composition of Noront Board

Noront Resources Ltd. and Rosseau Asset Management Ltd. announce that they have agreed to a jointly determined single slate of directors for election at Noront’s annual and special meeting of shareholders to be held on October 28, 2008 (the “Meeting”). The new Board will have a strong mandate to move the Company forward in the best interests of all shareholders. Pursuant to the terms... 

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G & S Minerals Announces Management Changes

G & S Minerals, Inc. dba Gold & Silver Minerals, a mining company focused on developing high-quality and low-risk mineral resource and energy prospects, today announced several management changes made in connection with the scheduled closing of the milestone Strategic Cross Investment and Gold Field Development Agreement with Mayan Gold, Inc. With the Company’s appreciation for their...