Thelon to Acquire Lithium Project
Thelon Ventures Ltd. announce that it has signed a LOI with Gene Leong to acquire a 100% interest in 60 mineral Claims in the Lac Malartic area of Quebec. The terms of the LOI are that Thelon will pay $100,000 dollars cash and issue 3 million Shares on closing. Lac Malartic lithium property is located approximately 40 kilometers north of Val D’Or and 25 km south of the town of Amos in Quebec....
Dana Resources Evaluating Several New Gold Prospects Situated Between Its Collota Gold Deposit and Barrick’s Pierina Mine
Dana Resources, a US-based precious metals exploration and development company, is pleased to announce that it is currently evaluating gold prospects within close proximity to its 1.17 million ounce Collota gold deposit. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions. Dana Resources is currently evaluating several prospects located...
Dana Resources Extends Collota Gold Deposit to Exceed 8,000 Acres
Dana Resources announce that it has successfully acquired the Collota One Gold Prospect in Peru. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions. The Collota One Gold Prospect is located in Northern Peru in the region of Ancash on the eastern side of the Cordillera Negra, (Black Range Mountains). It is 45km south of the city of Huarez....
Dana Resources Acquires 1.17 Million Ounce Advanced Stage Collota Gold Deposit in Peru
Dana Resources, a US-based precious metals exploration and development company, is pleased to announce that it has successfully acquired the advanced stage Collota Gold Deposit in Peru. Dana Resources currently owns and operates seven mining projects located in Peru’s most prolific mining regions. The Collota Gold Project is located in Northern Peru in the region of Ancash on the eastern side...
UC Hub Group Announces Agreement for Montana Gold and Royal American Sapphire Property
UC Hub Group, Inc. announces the signing of a binding letter of intent agreement to mine the gold and sapphire mine near Helena, Montana in exchange for shared revenue. Formal contracts are being prepared this week by counsel for execution. The Montana mine will produce revenue from gold and sapphires and will allow UC HUB to place the UC HUB Gold Wash Plant on the private property to begin mining...
Sierra Gold Corporation Announces Property Acquisition in Region Known for Coloured Diamonds and Gold
Sierra Gold Corporation announced the acquisition of a 12 mile long concession on the Manu river in the Zimmi region with an option to expand down to the Atlantic ocean. The company has investigated the property and has discovered small coloured and clear diamonds. Also discovered was coarse gold. Coarse gold indicates proximity to the original source of the gold vein. The property is now being cleared...
GoldenFrank Granted Three Exploration Permits on the Balandougou Project in Guinea, West Africa
GoldenFrank Resources Inc. announced that it was granted on October 28th, through its 80% owned subsidiary MGWA-GoldenFrank SARL, three Exploration Permits for gold and associate minerals in Guinea, West Africa. The three permits cover the entire 250 km2 of the preceding “Autorisation de Prospection” held by the Company and described in the Company’s Prospectus. The permits are valid...
Capella Announces Results on Labrador Copper-Nickel-Cobalt Exploration
CAPELLA RESOURCES LTD. announce assay results from the 2008 sampling program on its Labrador Base Metals Initiative. The company is actively exploring for nickel, copper, cobalt and other metals in central Labrador. Labrador is largely underexplored and hosts several new nickel and base metal discoveries, including Voisey’s Bay nickel-copper-cobalt deposit. The Property was flown by a wide-ranging...
Sierra Gold Corporation Announces Discovery of Diamonds On Sewa River From Dredge Operation
Sierra Gold Corporation announced discovery of diamonds on the Sewa River with the 8“ dredge purchased from a South African company. The dredging operation produced over 10 carats of diamonds valued at US$110 per carat from its initial test run. Gold has also been collected and its values are presently being assessed. This equipment has the capability to process up to 50 tons per hour. Sierra...
GoldSpring Enters into Agreement to Acquire Mineral Rights to Properties in Comstock Lode
GoldSpring, Inc. announced that it has executed binding Letters of Intent to purchase properties in Nevada’s Comstock Lode Mining District, further consolidating its position as the largest mineral rights holder in the area. Some of the properties the Company is acquiring have previously produced significant amounts of gold and silver. The Company has entered into agreements, with a related-party...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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