Terra Ventures Inc. announces that its newly incorporated and wholly-owned Calgary based subsidiary, Terrex Energy Inc. (“Terrex”), has entered into a purchase and sale agreement to acquire a 100% interest in a basal quartz oil pool in central Alberta from a private oil and gas company, for a purchase price of $650,000. The pool is currently producing approximately 80 barrels of oil equivalent...
Forsys Metals Corp, an emerging uranium producer with 100% ownership in the fully permitted Valencia Uranium Project report that the 2009 infill and deposit expansion drill program has been completed at the Company’s wholly-owned Valencia Uranium Deposit located in Namibia, Africa. Results for the 200 percussion drill holes comprising 49,562 m are being compiled. The Company expects that as a...
Unico, Incorporated, a natural resource company in the precious metals mining sector, today announced that Chairman Ray C. Brown has filed statements with the Securities and Exchange Commission reporting the acquisition of over 3.2 million shares of common stock and the subsequent gifting of approximately 1.1 million of those shares. Mr. Brown’s acquisition of shares was reported on two separate...
Yale Resources Ltd. report that it has signed a definitive agreement with American Sierra Gold Corp., a private U.S. company, for the option of Yale’s wholly owned Urique Project located in southwestern Chihuahua State, Mexico. The option will allow American Sierra to earn up to a 100% interest in the Urique Project. American Sierra can initially earn 90% by paying Yale US$1,050,000, incurring US$...
Millrock Resources Inc. announce the Company has successfully collaborated with its Galiuro project partner, Vale Exploration Canada Inc., an affiliate of Vale Inco Limited, each a wholly-owned subsidiary of Companhia Vale do Rio Doce, to complete a March 2009 geological mapping program. An airborne geophysical survey is set to take place in April 2009. These exploration programs are being carried...
TEAL Exploration & Mining Incorporated has entered into a definitive agreement with African Rainbow Minerals Limited and Companhia Vale do Rio Doce relating to the proposed acquisition of all of the outstanding common shares of TEAL not already owned by ARM, pursuant to a court approved plan of arrangement at a price of C$3.00 per common share. The cash purchase price will be funded by way of...
Unico, Incorporated, a natural resource company in the precious metals mining sector, announced that a new photo gallery has been added to its corporate website, www.unicomining.com, which includes pictures showing the progress of additional underground rehabilitation work at the Deer Trail Mine in Marysvale, Utah. The new gallery shows work undertaken by the company’s wholly owned Deer Trail...
East West Resource Corporation has entered into an option agreement with International Bethlehem Mining Corp. whereby International Bethlehem has been granted an option to earn an initial 30% interest in East Wests Eva Kitto platinum group element (“PGE”) property located north-northeast of Thunder Bay, Ontario (the “Property”). The Property consists of 15 staked claims with...
Unico, Incorporated, a natural resource company in the precious metals mining sector, today announced the addition of a new photo gallery to its corporate website, www.unicomining.com, which shows a newly acquired crushing plant being delivered and installed at the Deer Trail Mine site in Marysvale, Utah. The crushing plant will be used to crush ore at the Deer Trail mill and processing facility. The...
Unico, Incorporated, a natural resource company in the precious metals mining sector, announced the acquisition and delivery of a crushing plant to the Deer Trail Mine site, which will be used to crush ore at the Deer Trail mill and processing facility in Marysvale, Utah. A new photo gallery showing the delivery and installation of the crushing plant at the Deer trail Mine site is expected to be added...