Silvercorp Metals Inc. Formally Commences Offer to Acquire All of the Outstanding Shares of Klondex Mines Ltd.

Silvercorp Metals Inc. announced that it has formally commenced its offer to acquire all of the outstanding common shares of Klondex Mines Ltd. (“Klondex”). Silvercorp will today deliver to Klondex’s principal office and file with the Canadian securities regulators and with the SEC its formal offer and take-over bid circular (together, the “Circular”). The circular will... 

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Nevoro Acquires Sheffield Resources Ltd.

Nevoro Inc. is pleased to announce that it has completed its acquisition of 100% of the issued and outstanding shares of Sheffield Resources Ltd., (CDNX:SLD.V) (“Sheffield”) through a court-approved plan of arrangement (the “Arrangement”) pursuant to s.288 of the Business Corporations Act (British Columbia), as previously announced in a press release dated June 10, 2008. Sheffield... 

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Great Western Minerals Group Updates Activities

Great Western Minerals Group Ltd. is pleased to provide an update of its unique “mine-to-market” strategy to become a fully integrated explorer and global supplier of rare earth elements (“REE’”) and other strategic metals. The Fundamentals of the Rare Earth Sector Remain Strong: The world demand for REE continues to accelerate while China, the primary supplier of REE,... 

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Great Western Minerals Group Signs Letter of Intent to Acquire Less Common Metals Ltd.

Great Western Minerals Group Ltd. is pleased to announce that it has signed a non-binding Letter of Intent to acquire all of the issued and outstanding shares of Less Common Metals Ltd. (“LCM”) of Birkenhead, United Kingdom, subject to the required regulatory approvals in the UK and Canada. The purchase price of this acquisition is Pounds Sterling 4,000,000 or approximately C$7,800,000,... 

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Cabo Drilling Corp.: Shares of International Millennium Mining Corp. to Commence Trading

Cabo Drilling Corp. is pleased to announce that the common shares of International Millennium Mining Corp. (“IMMC”) the company to which Cabo sold its mineral properties for 10,000,000 units, of which no less than 75% are redistributed to Cabo shareholders, will begin trading on the facility of the TSX Venture Exchange commencing at the opening February 27, 2007 under the trading symbol... 

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Eagle Plains Commences Drilling Program on Sphinx Molybdenum Project

Eagle Plains Resources Ltd. has commenced a 6,500′ (2,000m) diamond drilling program on its 100% controlled Sphinx property, located 60 km west of Kimberley, BC. Two drill rigs will be moved to the property immediately, with drilling activity to occur over the next 2-3 weeks. Sphinx Project Summary The Sphinx property area consists of approximately 2500 ha, with 1600 ha acquired by staking by... 

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Bayswater Commences Airborne Surveying and Mobilizes Follow-Up Prospecting Crews on its Labrador Uranium Project

Bayswater Ventures Corp. (TSX VENTURE:BVE – News; the “Company”) is pleased to announce that Fugro Airborne Surveys Corp. has commenced the previously announced radiometric and magnetic survey on its large uranium land holdings comprising 4003 sq km in the Central Mineral Belt, Labrador. Two helicopter-borne geophysical systems are being utilized to survey the Company’s entire...