Yale Resources Ltd. announce that the Company has signed an agreement with two groups to acquire a 100% interest in seven concessions that form the core of the Orofino Project. The Orofino Project is located approximately 135 km southeast of the capital city of Hermosillo, Sonora State. The seven concessions cover a total of 439.1 hectares and contain six historic open pit mines. Although production...
Medoro Resources Ltd. a gold exploration and development company focused on acquiring properties of merit for potential joint ventures with senior producers announced that it has executed a letter of intent to acquire all of the issued and outstanding shares of Colombia Gold plc, a privately held UK company whose main assets are the mining rights to the Echandia property. The Echandia property lies...
Diamond Exploration Inc. announce it has entered into a purchase and sale agreement with Armex Mining Corp., a private British Columbia company, to acquire three diamond properties known as the Juina Property, the Rio Pari Property and the Rio Arinos Property, all located in the state of Mato Grosso, Brazil. Under the terms of the agreement, the Company will acquire a 100% interest in all three properties...
Plateau Mineral Development, Inc., along with its partner, Plateau Mineral Development LLC, is pleased to announce that on October 31, 2008, the firm signed a contract with East Tennessee Natural Gas (ETNG), a division of SPECTRA Energy. An advanced contract price of $70,000.00 was paid to ETNG to close the deal. Completion of this contract will provide a fully operational meter station that monitors...
Strateco Resources Inc. announce that the Licence Application for the Underground Exploration Program of the Matoush Uranium property was filed today to the Canadian Nuclear Safety Commission (CNSC). The document, describing the Underground Exploration Program, is available on Strateco’s website and will be available on SEDAR (www.sedar.com) sometime today. The application, as part of the licensing...
The Board of Directors of Diagem Inc. have decided to cease its Juina-based exploration and development activities until the embargo placed on its Chapadao Project by the Brazilian Federal Environmental Agency can be successfully resolved. The Company is pursuing discussions with various parties with a view to the possible disposition of some or all of its mineral properties, processing plants, and...
Thunder Mountain Gold, Inc. announced that Thunder Mountain Resources, Inc., a wholly-owned subsidiary, has completed their first core hole in its planned exploration program at their South Mountain Mine, Owyhee County, Idaho. The hole (DMEA 2) encountered a zone of mineralization from 656 feet to 705 feet with approximately 40 feet of the core consisting of massive sulfide consisting of sphalerite,...
SvitGOLD announces the commencement of Phase 1 of its exploration and development activities on the Beregovo and Kvasovo deposits. The work program includes detailed ground magnetic and gravity surveys (50×5m), air photo and satellite image interpretation, deposit modeling and confirmatory/check drilling, as well as drilling to confirm the geological structure. SvitGOLD is a mineral resource company...
Haber, Inc.,, a Delaware corporation headquartered in Arlington, Mass., with proprietary technologies for the environmentally friendly processing of gold-bearing ores, announced today that it has agreed to enter into a joint venture with a private party (hereinafter referred to as “Owner”) to acquire certain patented claims in southern Arizona which will then be conveyed to a new joint venture...
MMX Mineração e Metálicos S.A. informs its shareholders and investors that its subsidiary, MMX Metálicos Corumbá Ltda. (“MMX Metálicos”), has acquired approximately 1 million cubic meters of planted pine forest in the municipality of Ribas do Rio Pardo, in the state of Mato Grosso do Sul. The timber will be transformed into charcoal and will supply approximately 25% of MMX Metálico’s...