Benton Resources Corp. announce that it has agreed, subject to certain conditions, to subscribe to a non-brokered private placement in Coro Mining Corp.. The Company will, upon closing, acquire 27,272,727 units of Coro at a price of $0.11 per unit for a total investment of CAD$3,000,000, each unit consisting of one common share and one common share purchase warrant of Coro. Each Warrant will entitle...
Oromin Explorations Ltd. advise that the environmental studies on the Santa Rosa Exploration Permit have been completed by our wholly-owned Argentine subsidiary and have been filed with the Environmental Control and Improvement Directorate of the Province of Mendoza. The Directorate will oversee the evaluation of the environmental studies by the appropriate government agencies and specialists prior...
Aquiline Resources Inc. report on the results of 72 new diamond drill holes (NV08-731 to NV08-802) within the Navidad Project in Chubut Province, Argentina. Total drilling on the project amounts to 802 holes over 154,482 metres. Most of the drilling pertained to the infill program at Loma de La Plata which was recommended by Snowden Mining Group in its Technical Report of November 2007. This will allow...
Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (“Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in the Province...
The ongoing conflict between officials in Argentina’s Mendoza Province and miners escalated as the provincial parliament Wednesday suspended all open-pit mining, and halted issuing any new exploration and mining permits in the province. Wednesday’s decision will also ban the awarding of mining claims until they are approved by the environmental plan of law 5.961, or each of the 18 departments...
Lawmakers in an Argentine province famous for its wine and ski resorts have suspended all open-pit mining due to strong environmental opposition, deputies and industry sources said on Thursday. The western province of Mendoza is synonymous with Malbec vines grown in the plains below the Andes, but rising metal prices have generated increased interest in its mining potential and in turn fueled anti-mining...
Exeter Resource Corporation reports that drilling at its Cerro Puntudo Project in southern Argentina has encountered significant gold and silver mineralization, extending the depth of two known zones. At the Rico Zone, reverse circulation hole CPRC-61 intersected 12 metres averaging 4.4 grams per tonne (“g/t”) gold, including 1 metre grading 11.2 g/t gold, and 1 metre grading 34.1 g/t gold....
Aquiline Resources Inc.is pleased to announce further results from its 2006 exploration drilling program at its 100% owned Calcatreu gold-silver project in Rio Negro Province, Argentina. The objective of the program was to identify areas with potential for the development of additional resources in the immediate vicinity of the Vein 49 \ Nelson deposits which host the current mineral resource at Calcatreu. The...
Exeter Resource Corporation (TSX-V: XRC, Frankfurt: EXB) reports that ongoing resource expansion drilling at its La Cabeza gold project in Argentina has discovered a hidden high-grade vein within the Central Vein Zone. Reverse circulation drill hole LCP-213 intersected 3 metres at a grade of 24.0 grams per tonne (”g/t”) gold from a vein interpreted to be sub-parallel to the known high...
Calypso Acquisition Corp. (the “Company”) (TSX VENTURE:CLP ) is pleased to announce it has completed the previously announced acquisition of Energia Mineral S.A. (“Energia”), an Argentine uranium exploration company in exchange for and by the issuance of 4,600,000 shares of the Company. All closing materials are currently being held by an Argentine trustee on behalf of the Company...