Thelon to Acquire Lithium Project

Thelon Ventures Ltd. announce that it has signed a LOI with Gene Leong to acquire a 100% interest in 60 mineral Claims in the Lac Malartic area of Quebec. The terms of the LOI are that Thelon will pay $100,000 dollars cash and issue 3 million Shares on closing. Lac Malartic lithium property is located approximately 40 kilometers north of Val D’Or and 25 km south of the town of Amos in Quebec.... 

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Romios Provides a Status Report on the Drill Program on Its Trek Property in British Columbia

The management of Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is headquartered in Toronto and is actively engaged in precious and base metal exploration across North America with a primary focus on gold, silver and copper, provide a status report on the exploration program on its Trek property in northwestern British Columbia that was announced... 

SouthGobi Energy Resources Receives Mining Licence For Tsaagan Tolgoi Coal Deposit

Alexander Molyneux, President of SouthGobi Energy Resources Ltd. announced that Mongolian authorities have issued a mining licence for the Tsaagan Tolgoi coal property that is held by the company’s Mongolian subsidiary, Southgobi sands LLC. The Tsaagan Tolgoi property is in the South Gobi Region, approximately 415 kilometres east of SouthGobi’s Ovoot Tolgoi coal mine. An independent NI... 

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Atlas Mining Company Announces Non-Core Asset Sale Update

Atlas Mining Company announced it entered into an agreement with AAMCOR LLC of North Salt Lake, UT, through which AAMCOR LLC will purchase certain non-core equipment from the Company for $300,000 and will act as the exclusive agent for the sale of other non-core equipment deemed unnecessary for the commercialization of the Dragon Mine property. The proceeds generated both from the sale of equipment... 

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Compass Minerals Announces Agreement to Trade Great Salt Lake Leases in Long-Range Plan to Produce More Sulfate of Potash Specialty Fertilizer

Great Salt Lake Minerals Corp., a subsidiary of Compass Minerals, announced that it has agreed with the state of Utah to exchange undeveloped existing leases in navigable areas of the Great Salt Lake for leases covering 37,000 acres in highly saline regions of the lake that are preferable for production of sulfate of potash specialty fertilizer. “This lease exchange agreement is part of our long-term... 

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Lighthouse Petroleum, Inc. Announces Closing of 25% Working Interest in 3,300 Gross Acres in Fremont County, Wyoming

Lighthouse Petroleum, Inc. announce the acquisition of a 25% working interest in G2 Petroleum LLC’s Diamond Springs Prospect, located within the prolific Wind River Basin. The Diamond Springs Prospect comprises 3,300 gross acres of prospective oil and natural gas property in Fremont County, Wyoming. Independent geologic work has concluded that the property has the potential for 4.3 million barrels... 

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Boart Longyear Acquires Eklund Drilling Company, Inc.

Boart Longyear Limited announced that it has acquired Eklund Drilling Company Inc., a U.S.-based company with headquarters in Elko, Nev., specializing in reverse circulation (RC) drilling. Terms of the acquisition were not disclosed. Eklund is expected to add approximately USD $50 million in annual revenues. The acquisition will expand the company’s position in global RC drilling services and will... 

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Uranium Bay Announces the Discovery of a Possible Sulphide Body Approximately 40 km North of La Grande 3, James Bay

Uranium Bay Resources Inc. inform shareholders that during the course of our uranium exploration programme at the KUP/ K1 Project, in the James Bay region, exploration staff have possibly identified a buried sulphide ore body and that the Corporation has signed an agreement in order to purchase a 100 % interest in the exploration target site know as the “Blue Lake Property”. Although it... 

FX Energy, Inc. on Kromolice-1 Well Flows Gas

FX Energy, Inc. is reported to have announced a successful drill stem test (DST) of the Company’s Kromolice-1 well. Located in west central Poland, this exploratory well flowed gas with no water in this first DST. The nearest existing gas discovery is the Company’s Sroda-4 well some 5 kilometers to the southeast. Vice President of Operations, Andy Pierce, remarked, “We are encouraged... 

Wallbridge Mining Begins Exploration on Copper-Zinc and Nickel Targets in North-eastern Ontario

Wallbridge Mining Company Limited is pleased to announce exploration plans for copper-zinc and nickel targets on two claim groups located in north-eastern Ontario. The copper-zinc and nickel properties are located within Wallbridge’s Shipley and Hong Kong Township claim groups, approximately 10 kilometres southeast of Sultan, and about 100 kilometres north-west of Sudbury, Ontario. Both properties... 

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