Kilo Strengthens Management Ahead of Accelerating Exploration

Kilo Goldmines Ltd. announce a strengthened management team in preparation for a significant increase in corporate and exploration activity. The Company is well advanced on its exploration program at its core gold project in the Democratic Republic of the Congo (DRC). The Board of Directors has recently appointed Klaus Eckhof President and CEO of the Company and Peter Hooper has been appointed Executive... 

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VIPR Industries Signs Termsheet for Acquisition of Revenue Producing Zereko Inc. and Its IVAC Industrial Unit. Client List Includes General Motors and Inco Among Others

VIPR Industries Inc. announces that it has executed a term-sheet for the acquisition of revenue producing Vancouver B.C. based Zereko Inc. and its highly touted proprietary IVAC Industrial unit. Some of Zereko’s current clients include notable companies such as General Motors, Inco, and Falconbridge among several others. VIPR Industries has been in the process of reviewing several potential companies... 

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Terrane Awards Engineering and Procurement Contract at Mt. Milligan

Robert Pease, President and CEO of Terrane Metals Corp. announce that Wardrop Engineering Inc. has been awarded the detailed engineering design and procurement contract for the Mt. Milligan Copper-Gold Project in British Columbia, Canada. Wardrop recently completed a Feasibility Study Report for the construction and operation of a conventional truck-shovel open pit mine and 60,000 tpd copper flotation... 

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Elray Mining: Asian Demand for Zircon Set for Intense Growth

Elray Resources, Inc., a technically-driven gold and precious metal mineral exploration company that recently entered into a joint venture to develop a zircon sands deposit in Indonesia, is pleased to provide shareholders with the following background information on the global zircon market, which looks set for ongoing growth. Zircon is a highly valuable mineral used in a variety of industrial processes.... 

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Gold Reserve Announces Sale of Certain Equipment

Gold Reserve Inc. announced it has agreed to sell one SAG mill, two ball mills (35,000 tonne per day through-put) and related motors currently being manufactured for the Company’s Brisas Project. The total value of this transaction is approximately $43 million. The Company will recover approximately $18 million of progress payments and the purchaser will assume the Company’s remaining payment obligations... 

Chevron Mining agrees to sell Mountain Pass rare earth mining operations

Chevron Mining Inc. today announced that it has entered into an agreement to sell its Mountain Pass rare earth mining operations to Rare Earth Acquisitions LLC. The transaction is expected to close in late September, 2008. REA is a special purpose company owned by Resource Capital Funds, Pegasus Partners IV, LP, The Goldman Sachs Group, Inc., Traxys North America LLC and Carint Group LLC. Included... 

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Tri-Star Holdings, Inc., Formerly Rapid Fitness, Inc., Announces Company Has Signed Purchase Agreement for ERHU Manufacturing Facility

TRI-STAR HOLDINGS, INC., formerly RAPID FITNESS, INC., a publicly traded company currently on the Over the Counter, announced the company has signed a purchase agreement for a new 4000 ft. warehouse facility for the manufacturing of ERHU, Inc. The facility, less than two miles from Tri-Star’s corporate headquarters, also has an additional office unit which the company will lease out. Victor Adams... 

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Vangold Increases Land Position in West Nile, Uganda

Vangold Resources Ltd. have increased their land holdings in the West Nile District of Uganda (Kilo Moto) from 400 square kilometers to 1350 square kilometers. Having recently completed a reconnaissance exploration program in the West Nile, and in result of the recent discovery of Kibalian rock formations, (which are the source rocks for the large gold mines being developed in the DRC), Vangold has... 

ITT Chosen to Move Filtered Seawater to the High Desert for Large-Scale Mining Project in Chile

ITT Corporation has received a multi-million dollar contract to provide filtered seawater to Esperanza, a large new copper-gold mining project in Chile’s Atacama Desert, the driest desert in the world. The mine will be the first large-scale mine in Chile to make use of seawater in the mining process. As part of the project, ITT will help move treated seawater from the ocean to an elevation of 7,550... 

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Vangold Resources Drilling Commences at Kafunjo, Uganda

Vangold Resources Ltd. (CDNX:VAN.V) (Other OTC:VNGRF.PK) (“Vangold”), further to a news release of May 21, 2008 announcing the drill program, drilling commenced at the Kafunjo concession on May 25th. Mr. Locke Goldsmith, P.Eng., P.Geo., reports that as of June 1, the drilling was going well and that the first hole, logged to 288 meters, showed pyrrhotite with specks of chalcopyrite in the...