Simberi to Acquire Gold Properties in Guyana

Simberi Mining Corporation, a Canadian based international mineral development company that develops a portfolio of natural resource properties and companies announce that it has entered into a letter of intent with Lori Energy Inc., to enable Simberi to acquire up to a 100% interest in Prospecting Licence: PL/35SE/02/07 called the Kaburi Licence encompassing 6,431 hectares located in the Mazaruni... 

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Gilla Discovers Anomalous Gold Values in Angola

Gilla Inc., a Nevada based mineral-property development company, announce that the 2008 exploration stream sediment sampling program returned anomalous gold values on its 199 km2 Salutar Comercio Prospecting Licence (“PL”) in the Province of Cabinda, Angola. Predominantly metasedimentary lithologies of Pre-Cambrian age of the Mayombe tectonic system underlie the PL. The stream sediment... 

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Altius Signs Exploration and Royalty Agreement on Labrador Iron Ore Properties With Kennecott

Altius reports that it has signed an iron ore exploration and royalty agreement with Kennecott Canada Exploration Inc., a member of the Rio Tinto Group of companies. KCEI may earn a 51% interest in eight exploration licences owned by Altius that are located throughout the western Labrador iron ore mining district by reimbursing Altius for its costs to date and spending C$3,000,000 on or before the... 

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African Queen Mines’ Sampling Yields G10 Garnets and Other Kimberlitic Indicators Over Key Diamond Targets on Its Okavango Project in Botswana

AFRICAN QUEEN MINES LTD. announce that results of geochemical sampling from its Okavango property in the Ngamiland area of Northwest Botswana have now confirmed the presence of G10 garnets and other kimberlitic indicator minerals on its key diamond targets. The Okavango property comprises three Prospecting Licences covering approximately 2592 km2 held by the Company’s wholly-owned subsidiary,... 

CGX Energy Completes Corentyne 3D Seismic Program

CGX Energy Inc. announce that shooting of the 536 sq km 3D seismic survey on CGX’s 100% Corentyne Petroleum Prospecting Licence (PPL) has been completed. In the Georgetown PPL, in which CGX holds a 25% interest, the survey has been expanded by 200 sq km to 1,850 sq km. The Georgetown survey has been shot in parallel with the Corentyne and is expected to be completed after the New Year. Kerry... 

U3O8 Corp. Receives One-Year Extension on Its Reconnaissance Permits for Uranium Exploration in Guyana

U3O8 Corp. announce that the Guyana Government has granted U3O8 Corp’s wholly owned subsidiary, Prometheus Resources Inc., a one-year extension on the company’s Reconnaissance Permits for uranium exploration in Guyana. The Reconnaissance Permits (technically termed “Permission for Geological and Geophysical Surveys”) provide U3O8 Corp. with exclusive exploration rights for uranium... 

Pebble Creek applies for permits to explore potash on 6,000 square kilometers in Rajasthan, India

Pebble Creek Mining Ltd. is pleased to announce that the state government of Rajasthan, India has accepted the Company’s applications for Reconnaissance Permits in the Nagaur-Ganganagar Basin on July 25, 2008. The state government advises that the applications will be vetted in a timely manner. Potash applications do not require secondary approval by the central Indian government. The basin is... 

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Homeland Energy Group’s Kendal Mine Produces First Coal

Homeland Energy Group Ltd. is pleased to announce first coal production from its Kendal Mine in the Witbank area of South Africa, approximately 50km east of Johannesburg. To date, approximately 8,000 tonnes of coal has been mined from the first of three open pit areas. Processing of the coal through the Company’s Parnaby wash plant on site should begin this week. Following additional pre-stripping... 

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Albidon discovers more nickel near Phikwe

Australian nickel mining company, Albidon has discovered exciting drill results at its Sunnyside project, the company has announced. Believed to be the most substantial nickel sulphide intersections in Botswana outside the Selebi-Phikwe and Tati nickel mining districts, the intersections include 8.6m@1.21 percent nickel, 0.30 percent copper within an intersection of 18.6 metres with grades ranging... 

Impact Minerals Announces Large Tenement Areas for Uranium Granted in Botswana

Impact Minerals announced it has been granted exploration licences covering about 20,000sqkm in eastern Botswana, specifically to explore for deposits of uranium, in an area adjacent to known near-surface deposits of uranium mineralisation. The licences cover about 350km of the strike extensions of rocks that host deposits and prospects near the town of Serule and include licences near and along strike...