Blue Note Mining Closes $700,000 First Tranche Financing with the MineralFields Group

Blue Note Mining Inc. announce that it has closed the first tranche of the non-brokered private placement announced on September 10, 2009 through the sale of 3,500,000 Flow-Through Units (“FT Units”) at $0.20 per unit to the MineralFields Group for total gross proceeds of $700,000. Each FT Unit consists of one flow-through common share along with a full common share purchase warrant, each... 

Tag: offshore namibia 1711, flat lake bakken play map, mineral fields and slam

Blue Note to put Caribou and Restigouche on temporary care and maintenance

Blue Note Mining Inc. announced that it will be initiating a temporary care and maintenance program at its Caribou and Restigouche zinc and lead mines, owned through its wholly-owned subsidiary Blue Note Caribou Mines Inc. Since commercial production was achieved in January 2008, operating performance has continuously improved with all of the original planned production targets being achieved or surpassed.... 

Tag: blue note mining inc restigouche, blue note mining caribou and restigouche mine, blue note molybdenum new brunswick, restigouche blue note caribou mines, caribou and restigouche mine

Forest Gate Drills Kelsey Well In Alberta

Forest Gate reports that the prospective natural gas well in Township 43, Range 18 at Kelsey, Alberta was recently drilled, logged, and cased. The logs and geological data support the original optimism and show good potential for natural gas. Perforation and testing operations are scheduled to commence August 22nd. The Kelsey well, in which Forest Gate has a 38% interest, represents Forest Gate’s...