George A. Brown, CEO of both Duran Ventures Inc. and MacMillan Gold Corp., provide the following update on exploration activities at the Aguila Cu-Mo Target and the Pasacancha Ag-Au-Pb-Zn Target in Ancash, Peru. Cary Pothorin, P.Geo., President of Minera Aguila de Oro SAC and David Bending, P.Geo., are both Vice Presidents of Duran Ventures and [...]
Murphy Oil Corporation announced an oil discovery at the Samurai prospect located in Green Canyon Block 432 in the Gulf of Mexico. The well was drilled in approximately 3,400 feet of water to a total depth of near 31,700 feet. The well encountered in excess of 120 feet of net pay in high quality Miocene [...]
First Metals Inc. announce that the Company’s Fabie Mine has been named Development of the Year by the Quebec Mineral Exploration Association (Association de l’exploration miniere du Quebec, AEMQ). Since 1978, the association has honoured the dynamism and entrepreneurship of companies and individuals who contribute to develop the mineral exploration industry in Quebec.
The Fabie Mine [...]
Roc Oil (WA) Pty Limited said that, as of 10 a.m. Australian Western Standard Time (AWST) on Tuesday, the Frankland-1 exploration well in WA-286-P offshore Perth Basin was drilling ahead at 2,090 meters.
Since the last drilling report (April 10), the well drilled to 1,720 meters where 244 mm casing was set prior to drilling on [...]
Uranerz Energy Corporation announce that the Wyoming Department of Environmental Quality (“WDEQ”) has deemed the Company’s application to build and operate an in-situ recovery (“ISR”) uranium mine “complete” and the WDEQ review process can now move to the next stage. The next stage includes a detailed technical and environmental review of the application and notification [...]
Tri-Valley Corporation has exceeded 2,000 barrels of oil equivalent per day (BOED) rate with total field production recorded at 2,058.3 BOED from its 43 active producing wells on six California properties. This surpasses the original year end 2008 Company Plan of 2,000 BOED by more than six months.
“With tested productive capacity of individual wells now [...]
A top aide to Iran’s supreme leader said Friday that Tehran will not stop enriching uranium as a precondition for entering nuclear talks with six world powers.
“It is a principle that the Islamic Republic of Iran will not retreat from (uranium) enrichment,” said Ali Akbar Velayati, a top advisor on foreign affairs to supreme leader [...]
Forster Drilling Corporation announced today that its shares are now eligible for safekeeping with the Depository Trust Corporation.
The Depository Trust Company (DTC) is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the Securities and Exchange Commission. The depository brings [...]
Caterpillar Inc. has announced a groundbreaking alignment with BHP Billiton to develop an autonomous mining haulage system. The agreement couples the market leader in mining equipment with the world’s largest diversified natural resources company.
“Our joint autonomous technology project is a significant initiative that will bring benefits to both Caterpillar and BHP Billiton,” said Caterpillar Group [...]
Nevada Corporation and an independent oil and gas company, Bonanza Oil and Gas, Inc, provides us with an update on its Apclark project located in Borden County, TX. President and CEO, Bill Wiseman, Said that The Company is very pleased with the performance and promptness of the drilling and preparedness of the drilling contractor and [...]