Sphere Resources Inc Enters Option Agreement Over Mining Claims in Scadding, Sudbury, Ontario
The company has recently adopted a new strategy of identifying and appropriating exploration targets in major global mining camps including Sudbury and Red Lake with a particular emphasis on precious metals. The Company has completed a review of several gold exploration properties in the United States of America and Canada. The company has decided to enter into an initial Option Agreement with respect...
Newstrike and Queenston Begin Drilling on the Commodore JV
Newstrike Resources Ltd. and Queenston Mining Inc. announce that a diamond drill program has commenced on the Commodore joint venture property located in Lebel and Gauthier townships in Kirkland Lake, Ontario. The property is favourably located in the Kirkland Lake gold camp totaling 57 mineral claims comprising 25 patented and 32 unpatented claims. Further details regarding the claims are provided...
Trueclaim Completes Assignment of Option to Acquire Up to a 100% Interest in the Scadding Gold Property
Trueclaim Exploration Inc. announce that it has completed the assignment (the “Assignment”) of an option and joint venture agreement between MPE International Inc. (“MPE”) and Currie Rose Resources Inc., pursuant to which the Company can acquire up to a 100% interest in certain provincial mining leases and mineral claims located in the district of Sudbury in the Province of...
Western Areas-Mustang JV Commences Drilling at East Bull Lake
Mustang Minerals Corp. announced that a drill program at the East Bull Lake Project located 80 km west of Sudbury is commencing. The East Bull Lake Project is a joint venture with Western Areas NL, designed to investigate nickel-copper-platinum group metal (PGM) targets identified in the geophysical program. It is expected that three targets will be drilled in the current program. At East Bull Lake...
Wallbridge Mining Initiates $1.6 million 2009 Exploration Program on Parkin Offset Dyke
Wallbridge Mining Company Limited announced that its joint venture partner Impala Platinum Holdings Limited (“Impala”), the world’s second largest primary platinum producer, has allocated $1.6 million dollars for the 2009 exploration program on the Parkin Offset dyke properties in Sudbury. The program includes 6,300 metres of diamond drilling. “We appreciate the support of our...
Crowflight Declares Commerical Production at Bucko Mine
CROWFLIGHT MINERALS INC. announced that, as of June 1, 2009, it has achieved commercial production at its wholly-owned Bucko Lake Nickel Mine (Bucko) located in the Thompson Nickel Belt near Wabowden, Manitoba (commercial production being defined as throughput greater than 60% of mill nameplate capacity). Initial production at Bucko commenced during December 2008 and the first shipment of nickel concentrate...
Newstrike and Queenston Jointly Option Commodore Gold Property, Kirkland Lake Area, Ontario
Newstrike Resources Ltd. and Queenston Mining Inc. announce that they have entered into an option agreement with a third party to each purchase an undivided 50% interest in 36 mineral claims (12 patented claims and 24 unpatented claims) (600 ha) located in the historic Kirkland Lake gold camp. The claims form the Commodore property that covers a favourable gold horizon hosting a shallow historic mineral...
Cash Minerals Announces Acquisition of the Agnew Lake Property
Cash Minerals Ltd. announced that it has entered into a letter agreement with Nyah Resources Corp. to acquire a 100% interest in the Agnew Lake property from Nyah. The Agnew Lake property consists of two separate exploration claim blocks comprised of the Agnew Lake North Uranium property, which is the most advanced of the two claim blocks, and the Agnew Lake South property. The Agnew Lake North Uranium...
Wallbridge Mining Company to Continue Exploration at Pele Mountain’s Sudbury Nickel Project
Pele Mountain Resources Inc. announced that Wallbridge Mining Company Ltd. has fulfilled its option commitment at Pele’s Sudbury Nickel Project through 2008 by spending an additional $300,000 on qualifying exploration expenditures in 2008 and by recently issuing an additional 400,000 of its common shares to Pele. Wallbridge is expected to complete its earn-in of a 60-percent interest in the project...
Lounor Acquires a Platinum-Palladium Property
Lounor Exploration Inc. announce the acquisition of 2 Mineral Claims in Fiedmont Township in the Val-d’Or mining distinct, province of Québec. Lounor will pay $40,000 and issue 300,000 common shares over a three-year period to acquire a 100% interest in the property. The Optionors have retained a 2% NSR in the property. The acquisition is subject to regulatory approval. The Fiedmont Property...
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