Pele Mountain Resources Inc. announced the start of diamond drilling at its East Highland Gold project in Northern Ontario. East Highland is 100-percent owned by Pele Gold Corporation, a wholly owned subsidiary of the Company. Pele focused its efforts at East Highland in the late-1990s, concluding with the successful mining and processing of bulk samples at the Markes and ‘A’ zones in 1999....
Silver Falcon Mining, Inc., an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America announces the completion of funding for the installation and start up of its Diamond Creek Mill. The agreement was concluded with the Investor on very favorable terms for Silver Falcon Mining, Inc. It features repayment in gold bullion based on a percentage...
Prize Mining Corp. and its Joint Venture Partner, Eagle Plains Resources Ltd., have completed mining and milling activity for the 2009 season and have commenced seasonal clean-up and maintenance. The first gold bar was recently poured from concentrate materials milled on-site and weighs 2.284 kg. The project is operated through the Yellowjacket Joint-Venture (“YJV”), jointly owned by Eagle...
Yellowjacket Joint Venture (“Eagle Plains Resources Ltd. (EPL:TSX-V) and Prize Mining Corp. (PRZ:TSX-V)”) jointly announce completion of final commissioning and permit compliance requirements to allow for commencement of full production at their Yellowjacket Gold Mine, located in northwestern British Columbia. On July 10, 2009, the Yellowjacket Gold Mine received its BC Mines Act Permit for the...
Eagle Hill Exploration Corp. announces that it has entered into a mutual release agreement with War Eagle Mining Company Inc. through which the MAC Property Option Agreement of December 10, 2007 has been terminated. Under the terms of the Agreement Eagle Hill will maintain a 3.5% interest in the MAC Property. Eagle Hill’s Qualifying Property, as defined by TSX Venture Exchange Policy, was the...
Silver Falcon Mining, Inc., an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America acquires 20 acres of property at the base of War Eagle Mountain, Idaho. Management purchased this land parcel, located in the City of Murphy, Owyhee County, Idaho, on Ridge Road, the main road to Silver City, Idaho. The Company paid a total of $200,000US with...
Eagle Plains Resources Ltd. and Prize Mining Corp. jointly announce that the Yellowjacket Venture has now commenced work on its Yellowjacket Gold Project, located near Atlin, BC. The Yellowjacket Gold Project is in the BC Small Mines Act Permit application process, with permit approval anticipated in June 2009. At site, the current mill re-commissioning work will be followed by processing of stockpiled...
Uranium Hunter Corporation announced that it has entered into a Joint Venture Agreement to acquire 49% interest of the Eagle Nest Mining Property Claims located in La Paz County, Arizona from Sparrowtech Resources, Inc. Mr. Reno Calabrigo, President stated “This joint venture agreement represents a diversification to include the precious metal industry and will provide the Company with increased...
Yukon-Nevada Gold Corp. announce that it has recommenced processing ore and pouring gold at its roasting facility at Jerritt Canyon, Nevada. The first gold pour since permission was received from the Nevada Division of Environmental Protection (NDEP) for the restart of the milling facility was attended by the President and CEO of Yukon-Nevada Gold Corp. (YNG), Graham Dickson, the CFO of YNG, Shaun...
Eagle Plains Resources Ltd. jointly announce that the companies have executed a formal agreement whereby the two parties will form a joint-venture to immediately facilitate the production of gold and conduct further exploration and development of the Yellowjacket Zone on the Atlin Gold Property, located 9 kilometers east of Atlin, in north-western British Columbia. Under terms of the agreement, Eagle...