Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

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True North Gems Options Yukon Rare Earth Discovery to Great Western Minerals

True North Gems Inc. and Great Western Minerals Group Ltd. are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX’s True Blue property in the Yukon in exchange for carrying TGX through to completion of a bankable feasibility study. The True Blue property is located 55 kilometres south of Ross River, Yukon and is accessible via all-weather road... 

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Nuinsco and Coventry Agree to Extend Closing of Cameron Lake Sale

Nuinsco Resources Limited announced that it has agreed with Coventry Resources Limited (“Coventry”) (ASX:CVY – News) to extend the closing date for its sale of the Cameron Lake Gold Project. The Binding Heads of Agreement between Nuinsco and Coventry has also been amended to provide that the parties shall enter into the definitive Sale and Purchase Agreement upon closing. The parties... 

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Nass Valley Gateway signs agreement to acquire three gold prospects, Kirkland Lake Mining Camp, Ontario, Canada

NASS VALLEY GATEWAY LTD., announce the signing of an Acquisition Agreement with Golden Dawn Minerals Inc. (GOM), which gives the Company an option to acquire an 80% Joint Venture interest in three gold prospects within the Larder Lake Mining Division of the Province of Ontario, Canada. The three properties, Central Catharine, Link-Catharine, and the 80-Foot-Fall property are located within the Boston-Skead... 

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Pele Mountain Begins Drilling at East Highland Gold Project

Pele Mountain Resources Inc. announced the start of diamond drilling at its East Highland Gold project in Northern Ontario. East Highland is 100-percent owned by Pele Gold Corporation, a wholly owned subsidiary of the Company. Pele focused its efforts at East Highland in the late-1990s, concluding with the successful mining and processing of bulk samples at the Markes and ‘A’ zones in 1999.... 

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Delta to Commence Geophysical Exploration Program at Delcer Buttes Property in Nevada

Delta Mining & Exploration Corporation announce that a geophysical work program will begin this week on the Delcer Buttes gold/copper property in Elko County. The property consists of 31 unpatented hard-rock mining claims (680 acres) and lies to the east of the Carlin trend which contains numerous mines producing close to 3 million ounces gold per year in total and south of Long Canyon, Fronteer... 

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Golden Goose to proceed with sale of Lac Levac nickel property to Nemaska

Golden Goose Resources Inc. announces that it has received notification from Nemaska Exploration Inc. (“Nemaska”) that subsequent to closing of their initial public offering (“IPO”), Nemaska intends to exercise its option for the purchase of the Lac Levac property, located 216 km north of Chibougamau in the James Bay area of northern Quebec, on or before December 31st, 2009.... 

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Goldcorp Has the Right to Match Competing Proposal to Acquire Canplats Resources

Goldcorp Inc. announced that it has received a notice from Canplats Resources Corporation that Minera Penmont S. de R.L. de C.V. (“Penmont”) has made a proposal to acquire all of the issued and outstanding shares of Canplats (the “Penmont Proposal”) for cash consideration of $4.20 per share plus shares of a newly-formed company which will hold Canplats’ exploration properties... 

Merrex Receives IAMGOLD Approval for Siribaya 2010 Exploration Program

Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. announces that IAMGOLD has confirmed its approval of the 2010 exploration plan and forecast a C$2.5 million expenditure for Merrex’s Siribaya Gold Project. “Further to our news release of December 1, 2009 we are pleased to report that IAMGOLD has confirmed that it is ready to proceed with the proposed exploration program for... 

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Southern Trust Securities Announces Formation of Metals Trading Group

Southern Trust Securities Holding Corp. (“STSHC”) (OTC Bulletin Board: SOHL), a financial services company offering broker-dealer, investment banking, investment advisory and wealth management services, announced today that it has formed Southern Trust Metals, Inc. (“STM”). STM was formed to capitalize on the investor interest in the trading of precious metals such as gold,... 

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