Gilla Acquiring Terra Merchant Resources Corporation

GILLA INC., has entered into a definitive agreement effective October 3, 2008 to acquire all the shares of Terra Merchant Resources Corporation, a private company incorporated in Ontario, Canada. Terra has secured rights to a gold exploration property in Angola, known under the name of Salutar Commercio Mining Concession, located some 120 km north of Cabinda City, Angola. The concession covers approximately... 

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Silver Falcon Mining, Inc. (SFMI) Granted Additional Mining Rights, Report Indicates “Hot-Zone”

Silver Falcon Mining, Inc. announces an additional mining lease grant for 1,700 acres from Gold Corp. Holdings, Inc. This additional lease has been added to the amended mining lease agreement, as reported on April 21, 2008, at no additional earn-in cost. Silver Falcon, under 15 year contract, has the mining rights to extract gold, silver and other minerals on War Eagle Mountain, Idaho. Prior to this... 

Coal owner has less-than-clean history

ROUNDUP, Mont. — Success has for years lurked just around the corner for John Baugues Jr., a coal mining entrepreneur who arrived here in 1995 after starting and folding a string of mines in his native Tennessee. Taking control that year of Bull Mountain Land Co., which has an estimated 340 million tons of coal lodged deep in the mountains south of Roundup, Baugues’ future at last looked... 

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