Southern Trust Securities Announces Formation of Metals Trading Group

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,... 

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Alix Acquires Two Claim Groups in Stewart BC Adjoining Canasia and in Vicinity of Decade Resources

ALIX RESOURCES CORP. announce it has entered into an agreement with Blair Naughty dated Sept. 23, 2009, whereby the vendor has granted Alix an option to acquire a 100-per-cent interest in seven claim blocks comprising a total of approximately 2800 hectares located in the Stewart mining camp. Six claims are in the vicinity of the new Montrose gold discovery announced by Decade Resources Ltd. on its... 

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Eagle Hill Enters Into $30 Million Financing Arrangement With IBK Capital Corporation

Eagle Hill Exploration Corp., a Canadian mineral exploration company focused on the exploration and development of gold and precious metal prospects announce it has entered into an arrangement with IBK Capital Corp. (“IBK Capital” or the “Agent”) through which IBK Capital will use its best efforts to secure private placements of up to $30 million by the issuance of common and... 

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PMCC Moves to Set Aside Security Granted by ICMI

Precious Metal Capital Corp. announces that it has filed motion material in its action in the Ontario Superior Court of Justice Commercial List (Court File No. 07-CL-7224) against International Consolidated Minerals Inc. et al., to add as defendants “redemption rights” holders and secured creditors of ICMI, including Platinum Partners Value Arbitrage Fund L.P., and for a declaration invalidating... 

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Full Metal Options Mount Andrew IOCG Property to Mosam Capital

Full Metal Minerals Ltd. and Mosam Capital Corp. have entered into a Binding Letter of Intent whereby Mosam can earn a 60% interest in Full Metal’s Mount Andrew Property, subject to acceptance from the TSX Venture Exchange. Mosam has the option to earn a 60% interest in the Property by incurring exploration expenditures totaling $3,000,000 over four years ($200,000 first year). Additionally,... 

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Consolidated Abaddon to acquire a 100% interest in Copper Mountain Property, Stillwater Range, Nevada

Consolidated Abaddon Resources Inc. announce that it has entered into a Property Option Agreement with Mining Five LLC, of Reno, Nevada (a company beneficially owned by Mike Skopas and John Harper) to earn a 100% interest in and to 216 mineral claims consisting of 4320 acres located in the Stillwater Range, Table Mountain Mining District, Nevada, USA. The Copper Mountain property covers a portion of... 

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Pacific North West Capital and Benton Resources Commence Drill Program on Heenan Property, Swayze JV Project

Pacific North West Capital Corp. and Benton Resources Corp. are pleased to announce that drilling has commenced on the Heenan Property’s Hussey-Aube gold zone which is part of the Benton-PFN joint venture in the Swayze Greenstone Belt, southwest of Timmins, Ontario. Gold mineralization was first discovered by prospectors J. Hussey and A. Aube in 1997 and has not seen any exploration activity... 

Zoro Mining Executes Earn-In/Option Agreement for Escondida Project Development, Region III, Chile

Zoro Mining Corp. announce that it has entered into an agreement with Michael H. Kobler for potential project joint venture participation by Kobler in Zoro’s Escondida precious metals project located south of the port city of Caldera, approximately 60 km from Copiapo in Chile Region III. The agreement grants Kobler an exclusive 3 month period during which to conduct due diligence at the project,... 

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Sherwood Sets Shareholder Meeting Date for Capstone Combination

Sherwood Copper Corporation announced that it has set November 14, 2008 as the date for a special meeting of its shareholders to vote in respect of the business combination with Capstone Mining Corp., details of which were announced on September 8, 2008. Since the date of the announcement, Sherwood’s management has had discussions with the majority of its shareholders, who have indicated that... 

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Andover Ventures to Acquire SNS Silver

SNS Silver Corp. announces a letter of intent between Andover Ventures Inc. and SNS in which Andover has agreed to acquire all of the issued and outstanding common shares of SNS in exchange for common shares of Andover on a “two for one” basis. SNS’ board of directors have unanimously approved the transaction set forth in the LOI. Both Andover and SNS believe this Acquisition will... 

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