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...
Northland Resources S.A. announce that the Company has appointed and retained leading global mining finance and investment banks – Societe Generale, UniCredit Bank AG and WestLB AG as exclusive Mandated Lead Arrangers in the proposed project financing of the Kaunisvaara Iron Concentrate Project. The Facility will be subject to each Mandated Lead Arranger securing its internal credit approvals,...
Buckingham Exploration Inc. announce that it has optioned the Lady Ermalina Chemainus Claims on Vancouver Island. The option calls for an immediate payment of cash and shares and staged payments in future years. Specifically, Buckingham agreed to issue an aggregate of 600,000 shares of common stock of the company and to pay an aggregate of $5,000 in cash in consideration for the grant of the sole and...
Copper Fox Metals Inc. announce that Teck Resources Limited (“Teck”) has transferred its ownership in the Schaft Creek Project to Copper Fox pursuant to an agreement between the parties dated January 1, 2002 (the “Agreement”). The Schaft Creek Project comprises the Liard, Paramount and West Breccia mineral deposits (the “Schaft Creek deposit”) contained within the...
Great Western Minerals Group Ltd. announced today that it has entered into an investor relations agreement with Stone Communication Services Limited (“SCS”) of Toronto, Ontario (the “Agreement”). SCS specializes in the execution of tailored, strategic communication programmes for emerging companies and will introduce GWMG to Stone Communications’ network of brokers, analysts...
Canadian Orebodies Inc. announce that it has closed on its second and final tranche of a non-brokered private placement (the “Financing”) for aggregate gross proceeds of $257,440 through the sale of 540,000 units of securities of the Company (each, a “Unit”) at a price of $0.10 per Unit and 1,695,333 “flow-through” units of the Company (each, a “Flow-Through...
Touchdown Capital Inc. announce that it has entered into an Agreement of Purchase and Sale (the “Agreement”) with an Arm’s Length Party (the “Arm’s Length Party”) to purchase a 100% interest, subject to a 2% NSR Royalty, on 15 mineral claims totalling 5916.3362 hectares located in the Caribou Mining Division in the Province of British Columbia (the “Property”). The...
Aldrin Resource Corp. announces that it has entered into a property option agreement with Ryanwood Exploration Inc. (“Ryanwood”) to acquire a 100% interest in the “Keystone Property” located in the Mayo Mining District, Yukon Territory. The Keystone Property is comprised of 224 quartz mining claims covering an area of 11,200 acres or 44.8 square kilometers. The Keystone Property...
New Dawn Mining Corp. reports that in light of substantial opportunities now present in Zimbabwe, New Dawn intends to focus exclusively on expanding output at its Turk and Angelus Mine in Zimbabwe, furthering exploration on its options claims in Zimbabwe, and pursuing acquisition opportunities in Zimbabwe that are value accretive. In pursuing its Zimbabwe focused growth strategy, management has determined...
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...