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...
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...
ALIX RESOURCES CORP. has entered into an agreement to acquire a block of claims totalling approximately 450 hectares in British Columbia which host a historic BC Minfile Rare Earth Oxide (REO) occurrence. BC Minfile reports that “a sample of chips taken at random across a 15 metre section returned… 2.04%REO” (Minister of Mines Annual Report 1965 p.266). The second claim block consists...
CanAlaska Uranium Ltd. announce that the Company has commenced exploration on its Cree East uranium project in the Athabasca Basin, Saskatchewan, Canada. The Cree East project is funded under a joint venture with the Company’s Korean strategic partners, comprising Hanwha Corporation, Korea Electric Power Corp., Korea Resources Corp. and SK Energy Co, Ltd. The Company recently received Cdn$4.12...
Luna Gold Corp. announce that it has completed the two-tranche, senior secured, project debt facility (the “Facility”) in the amount of up to US$15 million with RMB Resources Inc, the offer of which was previously announced on October 15, 2009. Tranche 1 is in the amount of US$7.5 million and is available for the completion of the Aurizona project. Tranche 2 is in the amount of a further...
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...
Green Energy Resources looks to purchase a fully operational New England wood pellet mill. Terms of the purchase were not disclosed and are subject to financing. The mill has capacity to produce upwards of 10,000 tons monthly and could generate approximately $24 million dollars annually in gross revenues for the company. Green Energy Resources is a supplier of the mill with wood biomass. The pellet...
Mawson Resources Limited announces the company has commenced proceedings to withdraw from its mineral exploration licences in Spain, and at the same time expand its uranium exploration efforts throughout Scandinavia. After a recent Board review of the Company’s uranium assets it was determined Scandinavia holds the greatest potential for further significant discoveries. In Spain, the Company...
Sandvik Mining and Construction (STO:SAND) has signed an agreement with the energy company RWE Power AG in the Netherlands for a turnkey materials-handling system. The value of the order is approximately 650 MSEK and comprises a complete materials-handling system for the Eemshaven Power Plant in the Netherlands. The project includes two grab-type ship unloaders, two stackers and three portal reclaimers....