Tasman drilling update from Norra Karr REE project, Sweden

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... 

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North Atlantic to Commence Trading on TSX Venture Exchange

North Atlantic Resources Ltd. announces that, further to its news release of December 1, 2009 the common shares of the Company will commence trading on the TSX Venture Exchange effective at the opening of trading on Friday, December 18, 2009. The Company is classified as a Tier 2 Mineral Exploration/Development Company on the TSX Venture Exchange. The common shares of the Company will cease trading... 

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KIG Mining Plc Announces That It Has Secured a 10 Million Line of Funding

Under an agreement signed on 7 July 2009, GEM Global Yield Fund Limited, the UK based private investment group, has agreed to provide KIG Mining Plc with €10 million over the next three years in the form of an equity line of credit. KIG will control the timing and maximum amount of any draw down under this credit line. On drawdown, KIG will issue ordinary shares to GEM Global at a price per share... 

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Trilliant Exploration Acquires Minority Stake in Global Diamond Resources, Plc

Trilliant Exploration Corp., a fully operational gold mining company with concessions in southern Ecuador, announced today that it has acquired a minority stake in privately held, Global Diamond Resources (GDR). The ?£1.5 million ($2.42 Million USD) investment was made by Trilliant Exploration’s wholly owned UK subsidiary, Trilliant Diamonds Ltd. Global Diamond Resources maintains a 93% interest... 

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Olivut Resources Ltd. announces signing of option agreement with Uruguay Mineral Exploration Inc.

Olivut Resources Ltd. announce that it has signed an Option Agreement with Uruguay Mineral Exploration Inc. whereby Olivut may earn up to 80% interest in diamond prospecting and exploration licenses located in northern Uruguay, South America. These Properties are held by Cinco Rios S.A., a wholly owned subsidiary of UME. Olivut must incur a minimum expenditure of $CDN250,000 by June 1, 2010 and a total... 

African Queen Completes $1.278 Million Private Placement

AFRICAN QUEEN MINES LTD., an exploratory resource company with diversified mineral properties in Southern Africa announce the closing of the second tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $441,810. Together with the first tranche, previously announced, the Company raised aggregate gross proceeds in this private placement of CAD $1,278,060. Under... 

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Africo Resources Wins Mines and Money Award

At London’s Mines and Money Awards Dinner on December 3rd, Africo Resources Ltd. was recognized for its outstanding and innovative community service in the Katanga Copperbelt, where the company’s major project is located. Ms. Sauda Kilumanga, Community Relations manager, accepted the award for Africo’s Wheelchairs for Kids program. Physical disability in a developing country with... 

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Homeland Energy Finalizing Extension of Agreement Deadline for Appolo Mines and Diversified Energy

Homeland Energy Group Ltd. is finalizing an extension of the agreement deadline with the vendors of Appolo Mines and Diversified Energy of Middlesboro, Tennessee and Knoxville, Kentucky respectively as the current agreement expires today. Homeland Energy Group Ltd. is a coal producer with operations the Witbank area of South Africa. The company also has a large-scale development property in South... 

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Extract Resources – Rossing South continues to return wide, high grade zones of uranium mineralisation

Extract Resources, a Uranium exploration company with projects in Namibia, Africa, today announced more wide zones of high grade uranium mineralization, at Rossing South. Chemical assay results from Reverse Circulation (RC) drilling continue to confirm the continuity of alaskite hosted uranium mineralization. The grades returned are particularly high for this style of primary, granite hosted uranium... 

Volta Resources Announces Further Drilling Results From its Gaoua Copper-Gold Project in Burkina Faso

Volta Resources Inc. report assay results from twelve out of 15 holes drilled on the Dienemera target located on the Malba permit at Gaoua. The drilling is part of the 39-hole, 11,306 meter diamond drilling program recently completed at Volta’s Gaoua copper-gold porphyry project in southern Burkina Faso, West Africa where results continue to confirm copper-gold mineralization extensions. This... 

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