Sherwood Raises US$37.5 Million From Minto Precious Metal Production

Sherwood Copper Corporation announced that it and its wholly owned subsidiaries, Minto Explorations Ltd. and Kutcho Copper Corp., have entered into a letter of intent with Silverstone Resources Corp. whereby Silverstone will purchase, subject to certain terms and conditions, all of the payable gold and silver from the Minto Mine in the Yukon, over the life of the mine starting December 1, 2008. Silverstone... 

Capstone and Sherwood Sign Combination Agreement

Sherwood Copper Corporation and Capstone Mining Corp. announced that, further to their joint news releases dated September 8 and September 18, 2008 respectively, the companies have entered into a combination agreement dated as of October 9, 2008 pursuant to which the companies will combine, by way of plan of arrangement, to create a well-funded, low-cost, growth-oriented, copper company with two producing... 

Colin K. Benner Appointed as Chairman of Creston Moly Corp.

Creston Moly Corp. announce the appointment of Mr. Colin K. Benner, P. Eng. as Chairman of the Board of Directors effective immediately. Mr. Benner is an experienced mining executive with more than 40 years in the mining industry with senior management and executive roles in Canada and internationally. He was most recently Vice Chairman and CEO of Skye Resources and previously Vice Chairman and CEO... 

Tag: colin k benner, colin mining, opodepe mexico molybdenum, colin benner coal, benner collin

Sherwood Reports Further High Grade Intercepts From Its Kutcho Copper Project

Sherwood Copper Corporation announced the third batch of assay results from its 2008 drill program at the high grade Kutcho Copper Project, located in north-western British Columbia. This program is defining high grade mineralization in the “Main” deposit, one of three massive sulphide deposits identified at Kutcho, which Sherwood controls through its wholly owned subsidiary, Kutcho Copper... 

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... 

Tag: sherwood capstone merger, capstone mining western keltic

Sherwood Copper Reports Phase 3 Mill Throughput Increase to 3,200 tpd Approved by Regulators

Sherwood Copper Corporation announced that the Government of Yukon, Department of Energy, Mines and Resources, has approved an amendment to its Quartz Mining License that permits an increase in the approved mining rate and mill throughput for its high grade Minto copper-gold mine located in the Yukon. This approval follows a designated office assessment under the Yukon Environmental and Socio-economic... 

Tag: mines throughput, sherwood copper minto ownership 2008