Quaterra Resources Inc. announced that Goldcorp Inc., has entered into a binding Investment Framework Agreement (IFA) with the Company. The IFA formalizes the terms of a previously announced Letter of Intent that provides Goldcorp with an option to acquire an interest in certain mining properties held by or acquired by Quaterra in central Mexico in return for funding a two-year generative exploration...
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...
After years of research, development, and testing, AU Goose, a mining service company in Reno, Nevada, has unveiled a solution to a long-time industry problem for junior and mid-level mining operations: How to extract and test heavy metal ores using a timely, cost effective, and dry method of recovery. AU Goose’s technology is the industry’s first modular, dry, non-toxic recovery system for both...
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,...
Royal Gold, Inc., a leading precious metals royalty company, today announced that its Board of Directors increased the Company’s annual dividend for its shares of common stock from $0.32 to $0.36, payable on a quarterly basis of $0.09 per share. Royal Gold has steadily increased its annual dividend since it first issued a $0.05 annual payment for calendar year 2000. The Board also declared the dividend...
MINES MANAGEMENT, INC. announced today that it has withdrawn its previously announced public offering of 6,000,000 shares of common stock. The terms presented by the underwriters did not meet the minimum expectation of net proceeds. The Company’s President and Chief Executive Officer, Mr. Glenn M. Dobbs, stated, “While we were gratified with the strong support for the offering, potential pricing...
Denarii Resources Inc., a mining company focused on acquiring gold, silver and other resource properties worldwide, announced today that it has entered into negotiations to acquire a production-ready gold, silver and copper project located in South America. Denarii Resources employs a world-class mining team of advisors, geologists and consultants who are uniquely qualified to identify favorable acquisition...
Southwest Resources, Inc. announced that the Company has completed its purchase of the assets of Duke Mining Company Inc., (“Duke”) for the assumption of $823,706 of Duke’s outstanding debt and obligations. The assets purchased include the lease arrangement for the 640 acre mining claim in Utah and the respective equipment, fixtures and furniture associated with the claim. Southwest...
The company has recently adopted a new strategy of identifying and appropriating exploration targets in major global mining camps including Sudbury and Red Lake with a particular emphasis on precious metals. The Company has completed a review of several gold exploration properties in the United States of America and Canada. The company has decided to enter into an initial Option Agreement with respect...
USA Uranium Corp. CEO Ken Berscht announce, “Our recent trip to visit the Comstock Lode in Nevada opens new areas of focus for USA Uranium as we expand our former gold producer and the Net Smelter Royalty (NSR) royalty acquisition model with strategic and early stage gold development projects which fit our business model of exploration and royalty development projects. The Comstock Lode Mining...