Timberline Receives Permit to Begin Development At Its Butte Highlands Gold Project

Timberline Resources Corporation announce that it has received its Amended Exploration Permit from the Montana Department of Environmental Quality (DEQ). This permit authorizes the company to proceed with its underground development and exploration activities as a pre-cursor to production at its Butte Highlands Gold Project. Timberline and its 50% joint venture partner are now authorized to construct... 

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Intrepid Reports on Regulatory Developments Regarding its HB Solar Solution Mine

Intrepid Potash Inc. reports that the Bureau of Land Management has determined that an Environmental Impact Statement will be required to evaluate the environmental impacts of Intrepid’s proposed HB Solar Solution Mine project in Carlsbad, New Mexico. As a consequence, final permitting and approval of the HB Solar Solution Mine will be delayed and related capital expenditures deferred for an as-yet-undetermined... 

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Friendly Energy Acquires Ten Natural Gas Drilling Sites, Options Forty Additional Sites

Friendly Energy Exploration. announces that it has acquired ten natural gas drilling sites and optioned forty additional sites located in the Molly Murphy Gas Field, Crockett County, Texas. The company will be targeting the Wolfcamp Sand structure, which is determined to be located near the 5500-foot depth zone. Based upon production figures of wells in the same field, producing from the targeted Wolfcamp... 

U.S. Mine Makers, Inc. Places New Corporate Profile On Website

U.S. Mine Makers, Inc., announced that a newly prepared profile of the company is now posted on the company’s website at http://www.usminemakers.com. Ronald Bell, President and CEO stated, “USMM Management devoted a great deal of time and effort in the preparation of the new profile and we are very pleased with it. We welcome our shareholders and the public in general to visit our website... 

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Marifil Mines Signs Letter of Intent With Yamana Gold

Marifil Mines Ltd. announces that it has signed a Letter of Intent with Yamana Gold Inc. whereby Yamana can acquire an interest in Marifil’s wholly owned Pedernal gold property, San Juan Province, Argentina. Pedernal comprises 13,287 hectares and is located about 50 km south of San Juan, the capital of the province. San Juan is widely recognized as a very “mine friendly” province... 

Sage Closes Private Placement With MineralFields

Sage Gold announce that it has closed a further non-brokered private placement of Cdn $250,000 through the sale of 2,000,000 flow-through units at $0.125 per unit to MineralFields Group. This placement is in addition to the previously announced placement of $1,950,000 with several institutional investors and the $1,250,000 placement with MineralFields Group under the same terms and conditions, for... 

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Sasol and Shenhua Ningxia Coal Industry Contract Engineering Companies to Advance 80 000b/d CTL Study

The Shenhua Ningxia Coal Industry Group and its partner Sasol, today signed a contract with Foster Wheeler International Corporation and Wuhuan Engineering Company to carry out the Feasibility Study for an 80 000 bbl/d coal to liquids (CTL) plant at the Ningdong Chemicals Base in the Ningxia Hui Autonomous Region of China. The Ningdong base is already well advanced with a number of operating plants... 

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BacTech Seeks Government Funding for Bioleach Plant to Neutralize Toxic Arsenic Tailings in Cobalt, Ontario

BacTech Mining Corporation has applied for $10 million in government funding to build a pilot bioleach plant in the Cobalt area of Northern Ontario to neutralize the arsenic-laden tailings dumped there in the early 1900s. High grade silver was discovered in the Cobalt area in 1903, which led to a Klondike-like rush. Between 1903 and 1923, over 330 million ounces of silver were mined from high-grade... 

Tag: bioleaching rare earth ore, gov mining tailing cleanup funds, rare earth metals and bioleaching, arsenic cleanup in cobalt ontario, uranium tailings bioleaching

Capstone and Sherwood Sign Combination Agreement

Sherwood Copper Corporation and Capstone Mining Corp. announced that, further to their joint news releases dated September 8 and September 18, 2008 respectively, the companies have entered into a combination agreement dated as of October 9, 2008 pursuant to which the companies will combine, by way of plan of arrangement, to create a well-funded, low-cost, growth-oriented, copper company with two producing... 

MetalCORP Discovers Several High Grade Molybdenum-Rhenium Occurrences Over an Extensive Area on the Fearless Property

MetalCORP Limited announce assay results from its recently completed prospecting exploration program on the Fearless Property. The 100% owned property (25,000 hectares) is located 20km east of the Playter Molybdenum – Rhenium deposit on the Big Lake property or 350km east of Thunder Bay, Ontario. This initial exploration work on the Fearless property resulted in the discovery of several new Molybdenum... 

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