Mawson focuses on uranium exploration in Scandinavia

Mawson Resources Limited announces the company has commenced proceedings to withdraw from its mineral exploration licences in Spain, and at the same time expand its uranium exploration efforts throughout Scandinavia. After a recent Board review of the Company’s uranium assets it was determined Scandinavia holds the greatest potential for further significant discoveries. In Spain, the Company... 

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Entree Gold Receives Mongolian Mining Licences

Entree Gold Inc. announces that its application for conversion of the Shivee Tolgoi and Javhlant exploration concessions to mining licences has been approved by the Mineral Resources Authority of Mongolia and the licences have been received. The eastern portion of the Shivee Tolgoi licence and the entire Javhlant licence are subject to a joint venture with Ivanhoe Mines Ltd., through its subsidiary,... 

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Talon Metals Granted Rights to New Potash Exploration Licences

Talon Metals Corp., announce the granting of two new exploration licences for potash and to provide an update on the Sergipe Potash Project located in Sergipe State, Brazil. In a news release dated May 25, 2009, the Company announced the acquisition of the Sergipe Potash Project and immediately commenced a detailed review of the available technical data. Subsequently, Talon submitted an application... 

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Altius Signs Exploration and Royalty Agreement on Labrador Iron Ore Properties With Kennecott

Altius reports that it has signed an iron ore exploration and royalty agreement with Kennecott Canada Exploration Inc., a member of the Rio Tinto Group of companies. KCEI may earn a 51% interest in eight exploration licences owned by Altius that are located throughout the western Labrador iron ore mining district by reimbursing Altius for its costs to date and spending C$3,000,000 on or before the... 

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Saxon Oil Announces Completion of Acquisition of Picogina Holdings B.V.

Saxon Oil Company Ltd report that it has closed the acquisition of Picogina Holdings BV from Energy Ltd. pursuant to the Acquisition Agreement among Energy, Saxon and Saxon Oil Company dated October 21, 2008. The assets of Picogina consist of 100% of the participations of Hidrocarburos del Cantabrico S.L. , a private company incorporated under the laws of Spain, which holds a 100% interest in five... 

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African Queen Mines’ Sampling Yields G10 Garnets and Other Kimberlitic Indicators Over Key Diamond Targets on Its Okavango Project in Botswana

AFRICAN QUEEN MINES LTD. announce that results of geochemical sampling from its Okavango property in the Ngamiland area of Northwest Botswana have now confirmed the presence of G10 garnets and other kimberlitic indicator minerals on its key diamond targets. The Okavango property comprises three Prospecting Licences covering approximately 2592 km2 held by the Company’s wholly-owned subsidiary,... 

Serica Energy awarded UK licences

Serica Energy plc announces that it has been offered three UK exploration licences in the UK 25th Seaward Licensing Round and provides an operational update. In the UK 25th Round Serica was offered awards of licences covering interests in Block 15/21e (split) in the Central North Sea, Block 48/16a (part) in the Southern North Sea and Block 110/2d in the East Irish Sea. The blocks have been offered... 

Waratah Announces Exploration Target in the Range 205 to 415 Billion Tonnes of Coal at Its Galilee Basin Project

Waratah Coal Inc announce a coal exploration target of 205 – 415 Billion tonnes in its Galilee Basin tenements and tenement applications. The exploration target has been declared following a broader tenement study using current and historical data. This data includes exploration drilling from the known resources previously declared by Waratah and others. Additionally it draws on petroleum well... 

Saxon Oil Announces Execution of Definitive Agreement in Picogina Acquisition

Saxon Oil Company Ltd. announces that it has executed a definitive agreement with Energy (CG) Ltd. (“Energy”) regarding the proposed purchase of 100% of the issued and outstanding shares (the “Acquisition”) of Picogina Holdings BV (“Picogina”) and amended the terms of the non-brokered private placement (the “Offering”) of Saxon units previously announced... 

CityView Revising Strategy in Current Market Conditions

CityView Corporation Limited advises that following the recent turmoil in international financial markets, it has reviewed its strategy in Africa. It had been the intention that Pensador Resources Inc. would fund the very large financing obligations required for the development of the offshore oil permits, together with the lesser financing requirements for the minerals and diamond interests in Angola. CityView... 

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