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...
Southwest Resources, Inc. announced that the Company has completed its purchase of the assets of Duke Mining Company Inc., (“Duke”) for the assumption of $823,706 of Duke’s outstanding debt and obligations. The assets purchased include the lease arrangement for the 640 acre mining claim in Utah and the respective equipment, fixtures and furniture associated with the claim. Southwest...
Yukon-Nevada Gold Corp., a North American gold producer in the business of discovering, developing and operating gold deposits announces that the Board of Directors has appointed Robert F. Baldock, CA(M), FCPA, FCMC to the position of President and CEO and Graham C. Dickson, B.Sc. A.R.C.S. to the position of COO. Mr. Baldock joined the Board of Directors of Yukon-Nevada Gold Corp. (“YNG”)...
GENTOR RESOURCES, INC. announce that the Company has established an Inferred Mineral Resource estimate at its IMA Mine project in Idaho of 5.7 million tons grading 0.15% Mo. Included in this estimate is 720,000 tons of material grading greater than 0.20% Mo and averaging 0.235% Molybdenum. Wardrop Engineering Inc. estimated the mineral resource using Gemcom Vers 6.1.3. This Inferred Mineral Resource...
Vattenfall AB, Alcan Inc., Duke Energy Corporation and the International Emissions Trading Association (IETA) will work with other leading industries and financial institutions to accelerate the evolution of carbon trading as one of the key components to addressing climate change. This cooperation was announced today at a press conference at the World Economic Forum’s annual meeting, where the...
IGC Resources Inc. announced that drilling has commenced on the Company’s Uaroo Uranium project, Western Australia. The project covers 400 square kilometres of granted tenements which are 100% owned by IGC. The tenements cover late stage granites beneath sandstone and conglomerate, which are capable of hosting uranium, copper and gold, and of providing adequate source rocks to allow a significant...