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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Tasman drilling update from Norra Karr REE project, Sweden

Tasman Metals Ltd. Mr Mark Saxon, President and CEO, provides an update on developments regarding the Company’s 100% owned Norra Karr Rare Earth Element (REE) project. The drill program currently underway is nearing its conclusion with approximately 80 per cent of the program completed. In addition, a collaborative research project has been initiated, under the guidance of renowned REE expert... 

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North Atlantic to Commence Trading on TSX Venture Exchange

North Atlantic Resources Ltd. announces that, further to its news release of December 1, 2009 the common shares of the Company will commence trading on the TSX Venture Exchange effective at the opening of trading on Friday, December 18, 2009. The Company is classified as a Tier 2 Mineral Exploration/Development Company on the TSX Venture Exchange. The common shares of the Company will cease trading... 

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Platinum Exploration Projects Update New Large Funded Joint Venture With JOGMEC

Platinum Group Metals Ltd. provides the following updates on its platinum projects including a second new joint venture with Japan Oil Gas and Metals National Corporation (“JOGMEC”), owned by the government of Japan, covering a new 118 square kilometres platinum exploration area. R. Michael Jones, President of Platinum Group Metals, said, “Our main focus right now is on advancing... 

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Pacific Bay Options Argentina Uranium Property to UrAmerica

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has optioned its 100% owned “Cerro Solo” claims in Chubut Province, Argentina (the “Property”), to UrAmerica Ltd., a private company focused on uranium discovery in Latin America. Under the option agreement, UrAmerica can earn a 60% interest in the Property by incurring USD$1,200,000 in exploration... 

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Forsys Prepares for Upgraded Resource / Reserve At Valencia

Forsys Metals Corp, an emerging uranium producer with 100% ownership in the fully permitted Valencia Uranium Project report that the 2009 infill and deposit expansion drill program has been completed at the Company’s wholly-owned Valencia Uranium Deposit located in Namibia, Africa. Results for the 200 percussion drill holes comprising 49,562 m are being compiled. The Company expects that as a... 

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Douglas Lake Minerals Announces An Agreement With Midex Gold Corp. On the Magembe Diamond Property

Douglas Lake Minerals Inc. announces that, effective on August 13, 2009, the Company entered into an Agreement (the “Agreement”) with Midex Gold Corp. (“Midex”) on the Magembe diamond property in the Shinyanga district of Tanzania. The Magembe diamond property comprises a total area of 46 square kilometers directly adjacent to the eastern, northern, and western boundaries of... 

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Cluff Gold plc – Commissioning of the Kalsaka Gold Mine in Burkina Faso

Cluff Gold plc, the West African focused gold mining company announces that, as at 30 June 2009, the operations at the Kalsaka Gold Mine have reached the required standard at which successful commissioning has been achieved. Gold was first poured at the Kalsaka Gold Mine in October, 2008 and since that time performance has incrementally increased each month. Total gold production for the first 6 months... 

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Olivut Resources Ltd. announces signing of option agreement with Uruguay Mineral Exploration Inc.

Olivut Resources Ltd. announce that it has signed an Option Agreement with Uruguay Mineral Exploration Inc. whereby Olivut may earn up to 80% interest in diamond prospecting and exploration licenses located in northern Uruguay, South America. These Properties are held by Cinco Rios S.A., a wholly owned subsidiary of UME. Olivut must incur a minimum expenditure of $CDN250,000 by June 1, 2010 and a total... 

RAK Petroleum Announces Eagle Energy Acquisition

RAK Petroleum PCL announced that it has purchased Eagle Energy Limited, a wholly-owned subsidiary of UK-based Heritage Oil Limited, for cash consideration of $28 million. Eagle Energy holds a 10 percent interest in Block 8, Sultanate of Oman. The acquisition brings RAK Petroleum’s total shareholding in the block, which the company operates, to 50 percent. RAK Petroleum announced in February 2009... 

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