Northland Appoints Banks for Project Financing

Northland Resources S.A. announce that the Company has appointed and retained leading global mining finance and investment banks – Societe Generale, UniCredit Bank AG and WestLB AG as exclusive Mandated Lead Arrangers in the proposed project financing of the Kaunisvaara Iron Concentrate Project. The Facility will be subject to each Mandated Lead Arranger securing its internal credit approvals,... 

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Mawson focuses on uranium exploration in Scandinavia

Mawson Resources Limited announces the company has commenced proceedings to withdraw from its mineral exploration licences in Spain, and at the same time expand its uranium exploration efforts throughout Scandinavia. After a recent Board review of the Company’s uranium assets it was determined Scandinavia holds the greatest potential for further significant discoveries. In Spain, the Company... 

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Barrick to Acquire 70% Interest in El Morro Project

Barrick Gold Corporation announced that it has entered into an agreement with Xstrata Copper Chile S.A. (“Xstrata”), a wholly owned subsidiary of Xstrata Plc, to acquire Xstrata’s 70% interest in the El Morro project for $465 million in cash. El Morro is an advanced gold-copper project located in the Atacama Region in Chile. As reported by Xstrata, total measured and indicated gold... 

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International Enexco Limited Receives Drill Results on Its Mann Lake Uranium Project, Saskatchewan

Arnold Armstrong, President and CEO of International Enexco Ltd. reported that the Company has received from Cameco Corp. the remaining assay results from the 2009 winter drill program at Mann Lake. Incomplete assays from the winter program were published in an August 10, 2009 International Enexco news release. A total of 4,155 metres were drilled in six holes ranging in depth from 648m to 732m. Strong... 

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Minera IRL Limited: New Joint Venture, Veca Project, Peru

Minera IRL announce that a Letter of Intent (“LOI”) has been signed with Collingwood Peru S.A.C. (“Collingwood”) to form a Joint Venture to explore the Veca Exploration Lease. Veca is located approximately 30km south east of Huamachuco, La Libertad in north central Peru. Under the terms of the LOI, MIRL will initially manage and hold 60% of the JV with Collingwood holding the... 

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Atna Receives Approval for Development of Reward Gold Mine

Atna Resources Ltd. announce that the US Bureau of Land Management has signed the Record of Decision and Finding of No Significant Impact to approve development of the Reward Gold Project located near Beatty, Nevada. “This decision is a major milestone and a positive outcome for the development of Reward. We look forward to breaking ground on the project and have initiated discussions with various... 

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Timberline Receives Permit to Begin Development At Its Butte Highlands Gold Project

Timberline Resources Corporation announce that it has received its Amended Exploration Permit from the Montana Department of Environmental Quality (DEQ). This permit authorizes the company to proceed with its underground development and exploration activities as a pre-cursor to production at its Butte Highlands Gold Project. Timberline and its 50% joint venture partner are now authorized to construct... 

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Great Basin Gold Successfully Completes Refurbishment of Esmeralda Mill

Great Basin Gold Ltd announces that it has completed the refurbishment of the Esmeralda Mill. The Esmeralda Mill will process material extracted from the Hollister Gold Project at which trial mining is currently underway. The commissioning process at Esmeralda commenced in mid July. The commissioning will proceed in two phases. Following the completion of a concrete ore pad, low grade material from... 

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GWR To Acquire Operating Oil and Gas Assets

GWR Resources Inc. announces that it has entered into a Letter of Intent with Deep Creek Oil & Gas Inc. in order to acquire 100% of Deep Creek through an all share transaction. Aside from legal fees, this acquisition will not require any cash outlays by GWR. The purpose of this acquisition is to provide GWR with long term positive monthly cash flow, which can be utilized by GWR in the best manner... 

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Uranium Resources, Inc. Provides Update on Churchrock Project

Uranium Resources, Inc., announced that it plans to file today a petition with the U.S. 10th Circuit Court of Appeals for an en banc review regarding its ruling on April 17, 2009 that determined URI’s Section 8 in Churchrock, New Mexico is Indian Country and, therefore, comes under the jurisdiction of the U.S. Environmental Protection Agency (USEPA) for the issuance of an Underground Injection Control...