Nebu Resources Inc. provides the following update on exploration activities on its Denton Township projects adjacent to properties held by Lakeshore Gold Mines Inc., approximately 30 kilometers southwest of Timmins, Ontario. The Company holds two properties in the area, one of which has been the subject of recent diamond drilling while the other has been the subject of initial exploration and is now...
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...
North Bay Resources Inc., a junior mining company with over 140 mineral and placer claims encompassing approximately 50,000 acres throughout British Columbia, Canada announce that it has acquired a 100% interest in the Fawn gold-silver property in central British Columbia, Canada. The Fawn property is situated on the Nechako Plateau of central British Columbia, approximately 120 kilometres southwest...
Ucore Uranium Inc. announce that drilling has commenced at its 100% owned Bokan – Dotson Ridge rare earth element (REE) project located in southeast Alaska. Ucore acquired the property in 2007, and has completed 2,938 meters of drilling over 46 drill holes in 2007 and 2008, primarily investigating the potential for uranium mineralization at the I&L zone. Those drill holes returned anomalously...
La Cortez Energy, Inc. announce the following operational update: Emerald Energy Plc. , the operator of the Maranta Block where La Cortez will hold a 20% working interest, reached the intended total depth of 11,578 ft on the Mirto-1 exploration well, with oil and gas shows recorded across the four target reservoirs. Three of the four potentially hydrocarbon bearing intervals have been flow tested with...
Mr. Simon Ridgway, the President of Radius Gold Inc. announce that the Company has acquired a large gold target at the head of Ten Mile Creek, roughly 70km south of Dawson City in the Yukon Territory. Ten Mile Creek is an active placer gold producing creek with significant historic production. The head waters of Ten Mile drain an area underlain by an intrusive complex of probable Cretaceous age. Work...
Universal Uranium Ltd. report that its Notice of Operation for proposed drilling on its newly acquired Tact Project in Humboldt County, Nevada has been accepted by the Bureau of Land Management office in Winnemucca. Universal is currently bonding the proposed activities with the State Bureau Land Management office which includes 15 to 20 reverse circulation drill holes from 15 permitted sites within...
Tonogold Resources, Inc. has leased 120 unpatented mining claims (2,400 acres) covering key portions of the Goldstrike District in Washington County, Southwest Utah. Goldstrike is an advanced gold exploration project. The Goldstrike property consists of two mining leases covering areas of shallow historic open pits, separate unmined areas with thick gold drill intercepts, and untested structural and...
Passport Metals Inc. announce that it has acquired 3 new leases adjacent to its property holdings in the Holbrook Basic Potash property. The 3 claims: #08-113498, 640 acres, T16N R22 E Sec 16, #08-113499, 439.79 acres, T15N R 22E Sec 4 and #08-113500, 480 acres, T16N R22E Sec 28 total 1559.79 acres. There are two leases pending approval by the State of Arizona. In September 2008, Passport entered into...
Northern Superior Resources Inc. announce the initiation of its 2009 Wachigabau property summer exploration program. This program consists of bedrock mapping, sampling and prospecting with the intent of defining drill targets for the fourth quarter. Dr. T.F. Morris, president and CEO commented: “After the completion of a NI 43-101 report by Gestion Aline Leclerc on this project, a well defined...