Gentor Resources Inc. closes acquisition of APM Mining Limited

March 9, 2010 Filed Under: Mining Investment, Mining Stocks  
Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

True North Gems Options Yukon Rare Earth Discovery to Great Western Minerals

March 8, 2010 Filed Under: Rare Earth Elements  
True North Gems Options Yukon Rare Earth Discovery to Great Western Minerals

True North Gems Inc. and Great Western Minerals Group Ltd. are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX’s True Blue property in the Yukon in exchange for carrying TGX through to completion of a bankable feasibility study. The True Blue property is located 55 kilometres south of Ross River, Yukon and is accessible via all-weather road... 

Nass Valley Gateway signs agreement to acquire three gold prospects, Kirkland Lake Mining Camp, Ontario, Canada

February 5, 2010 Filed Under: Precious Metal  
Nass Valley Gateway signs agreement to acquire three gold prospects, Kirkland Lake Mining Camp, Ontario, Canada

NASS VALLEY GATEWAY LTD., announce the signing of an Acquisition Agreement with Golden Dawn Minerals Inc. (GOM), which gives the Company an option to acquire an 80% Joint Venture interest in three gold prospects within the Larder Lake Mining Division of the Province of Ontario, Canada. The three properties, Central Catharine, Link-Catharine, and the 80-Foot-Fall property are located within the Boston-Skead... 

Nebu Reports Assay Results, Updates Timmins West Gold Area Exploration Progress

February 2, 2010 Filed Under: Precious Metal  
 Nebu Reports Assay Results, Updates Timmins West Gold Area Exploration Progress

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... 

Rockcliff Commences Drill Program at Snow Lake Project

January 19, 2010 Filed Under: Copper Mining, Precious Metal  
Rockcliff Commences Drill Program at Snow Lake Project

Rockcliff Resources Inc. announce that drilling has commenced on its Snow Lake Project located in central Manitoba. A minimum of 5,000 metres (m) of drilling are planned in approximately 30 holes. Drilling is planned on the Rail, Reed, Freebeth, Tramping and Squall properties. The targets include extensions of a known copper-gold rich horizon (Rail), additional testing of DPEM & BHPEM anomalies... 

Gold Reach Resources Ltd. Acquires New Claims Adjacent to Richfield Ventures

January 12, 2010 Filed Under: Mining Investment, Precious Metal  
Gold Reach Resources Ltd. Acquires New Claims Adjacent to Richfield Ventures

Gold Reach Resources Ltd. announce it has acquired a 100% interest in thirteen (13) new mineral claims consisting of 5,081 hectares directly adjacent to Richfield Ventures ‘Blackwater’ Bulk Gold Target. Richfield Ventures recently announced on January 5, 2010 they had intersected 329 metres of 1.25 g/t Au and on September 29, 2009, 148 metres of 1.26 g/t gold including 23 metres of 2.22... 

Closing Financing of $9 Million and Listing of Candente Gold Corp.

December 31, 2009 Filed Under: Mining Investment, Mining Stocks, Precious Metal  
 Closing Financing of $9 Million and Listing of Candente Gold Corp.

Candente Resource Corp. and Candente Gold Corp. has announce the closing on December 30th of three tranches totalling $9,028,130 in the previously announced private placement offering of common shares of Candente Gold (the “Financing”). Exploration will commence in January on the El Oro property in Mexico. A program of underground drifting and drilling will target extensions to high-grade... 

Silver Shield Further Increases Exposure to Gold in West Timmins Area

December 22, 2009 Filed Under: Precious Metal  
Silver Shield Further Increases Exposure to Gold in West Timmins Area

Silver Shield Resources announce that it has signed a Letter of Intent, to enter into an Option and Joint Venture located in what continues to be Canada’s hottest Gold exploration play, the West Timmins Area. The Company and a private company, Mhakari Gold, will each acquire 50% of four groups of strategically located mining claims, totalling 17 mining claim units, from an individual, and carry... 

Lincoln Mining Advances Drilling at Pine Grove

December 22, 2009 Filed Under: Mining Contractors  
Lincoln Mining Advances Drilling at Pine Grove

Lincoln Mining Corporation, report that all three of the Company’s projects are advancing as planned. Pine Grove, Nevada The 50 hole reverse circulation drill program that was announced on October 21, 2009 is well underway. Diversified Drilling LLC, our drilling contractor, has now completed 28 holes of the program. Drilling has been advancing without delays despite abnormally cold temperatures... 

Alexis Announces Private Placement Financing of Up to $10,000,000 and Provides Update on Garson Gold Acquisition

December 10, 2009 Filed Under: Mining Investment, Mining Stocks  
Alexis Announces Private Placement Financing of Up to $10,000,000 and Provides Update on Garson Gold Acquisition

Alexis Minerals Corporation announce a brokered private placement in an amount of up to $10,000,000 (the “Offering”). The private placement will consist of up to 20,000,000 flow-through shares (“Flow-Through Shares”) at a price of $0.50 per Flow-Through Share. Alexis has retained Industrial Alliance Securities, Sandfire Securities Inc. and Cormark Securities Inc. to act as the...