Pacific North West Capital Corp. announces option to acquire the Nixon Fork gold mine in central Alaska

Pacific North West Capital Corp. announce the signing of a letter agreement pursuant to which it has acquired an option, exercisable until February 15, 2009, to purchase a 100% interest in Mystery Creek Resources, Inc. (MCR), a wholly owned Alaskan subsidiary of St Andrews Goldfields Ltd.. MCR’s assets include the Nixon Fork gold mine, located 56 kilometres northeast of McGrath, Alaska. PFN has... 

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Full Metal Options Mount Andrew IOCG Property to Mosam Capital

Full Metal Minerals Ltd. and Mosam Capital Corp. have entered into a Binding Letter of Intent whereby Mosam can earn a 60% interest in Full Metal’s Mount Andrew Property, subject to acceptance from the TSX Venture Exchange. Mosam has the option to earn a 60% interest in the Property by incurring exploration expenditures totaling $3,000,000 over four years ($200,000 first year). Additionally,... 

Tag: full metal services venture capital, mosam commence exploration, mt andrews mining alaska, geo mosam, mercury iocg

Sunshine Announces Lawsuit Against Sterling Mining Company

After nearly 5 months of failure to pay rent for the office located at 1176 Big Creek Road, Kellogg, ID, a lawsuit was filed in the State of Idaho District Court by Liesche & Reagan on behalf of their client Sunshine Property Group, LLC, Series Two, A Delaware Series LLC against Sterling Mining Company (a publicly-traded company trading as “SRLM”) for not paying rent. “The tenant... 

Oromin Announces Prospective Oil Resources at Its Santa Rosa Prospect in Argentina

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... 

Tag: oil prospect report, ilnycky calgary

Dejour Successful in NE British Columbia Montney Land Sale Purchase

Dejour Energy (Alberta) Ltd. is in its third month of production from its first four well gas wells in Peace River Arch NE British Columbia. Work continues on the production tie in of six additional wells completed during last winter’s drilling activities. Plans for additional development during the 2008/09 winter season are well advanced. Dejour announces it has been successful in acquiring lands... 

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Blackouts blamed on change in coal suppliers

ESKOM’s decision to terminate a multimillion-rand contract with a public company to transport coal to power stations is one of the reasons South Africa’s cities and towns have been left in the dark. The revelation comes in a week in which power cuts hit thousands of homes and businesses across the country, and amid warnings that such cuts are set to continue over the next few weeks. On... 

Enriched uranium from Germany arrives in Russia

Russian experts working by night removed a large quantity of highly enriched uranium from a Soviet-era reactor in Germany on Monday and flew it to Russia for processing. Anti-nuclear protesters forced a convoy carrying the material to stop briefly despite efforts to keep the route secret and a heavy police presence. Some 326 kg (717 lb) of enriched uranium, enough for several bombs, was heading to... 

Golden Odyssey Mining Expands Morningstar Mineralization With Follow-Up Drilling

Golden Odyssey Mining Inc. announces the results of its follow-up drilling at the Morningstar property, Esmeralda County, Nevada. The target at Morningstar is a “world Class” deposit containing in excess of one million ounces of gold. Previous work (reported earlier) has identified a large mineral system hosted by a sequence of strongly faulted calcareous and siliceous rocks. Select surface... 

Golden Odyssey Mining Inc.: Mexican Hill Geologic Program Completed

Golden Odyssey Mining Inc. has completed the geologic mapping and sampling program on its Mexican Hill project on the Carlin Trend in Elko County, Nevada. The project is located 40 miles south of Carlin, Nevada and is approximately 35 miles southwest and on trend with Newmont’s Rain and Emigrant Springs deposits. The work has confirmed a structural – stratigraphic setting similar to that... 

Metallica moves to next phase of NQ nickel project

EXPLORER Metallica Minerals says it is moving to a pre-feasibility study of the company’s North Queensland nickel and cobalt (NORNICO) project. Metallica Minerals managing director Andrew Gillies said yesterday the company was encouraged by the findings of a scoping study and had initiated a pre-feasibility study which was expected to be completed within six months. The study will assess resources,...