Liberty Star Uranium & Metals Corp. announces that it has signed an agreement to sell its option land at the Providence Project to NPX Metals Inc (“NPX”). The option land, adjacent to land already held by NPX, is believed to host commercially relevant quantities of disseminated gold and silver in Nevada’s historic Beatty Mining District. The Company’s option which was obtained at little...
San Anton Resource Corporation announced today that it is progressing with its study work on the Cerro de Gallo Project in Mexico which will result in the completion of a more detailed pre-feasibility study rather than a scoping study The study work for the Cerro de Gallo project has been proceeding well over the past few months. The updated resource model, announced in June 2008, includes an increase...
Seafield Resources Ltd. reports that a drill was recently mobilized to the Seafield Fire property, optioned earlier this year from Noront Resources Ltd. and is testing the first of several geophysical anomalies located by the earlier airborne survey. The property is located in the “Ring of Fire”, McFauld’s Lake area, Ontario, some 60 km north of Noront’s Eagle One high grade...
General Metals Corporation management is excited about the results reported in the Interim Report prepared by Samuel G. Nunnemaker, Reg. Geo., B.Sc., consulting geologist to the Company. Nunnemaker is a Qualified Person who has supervised the entire development drilling program discussed in the report and continues to do so throughout 2008 thus far. Mr. Nunnemaker has already begun updating the report...
Cadillac Mining Corporation announces that it has entered into an option agreement with the Estate of Frank Onucki to acquire 567 hectares of mineral claims comprising the Herd Dome copper property. Located in the Omineca Mining Division of west central British Columbia, the prospect is situated 70 kilometers southwest of Houston, BC in a region which hosts several significant porphyry copper deposits,...
Paramount Gold and Silver Corp. has advanced the initial $500,000 pursuant to its strategic alliance with Mexoro Minerals. This initial advance is intended to fund Mexoro’s ongoing drill program. The secured convertible debenture bears interest at a rate of 8% per annum for a term of one year. Paramount will have the option to convert the debt into units as part of the overall financing. Paramount...
Paramount Gold and Silver Corp. is pleased to announce that it has signed a Letter of Intent to enter into a strategic alliance with Mexoro Minerals Ltd. The strategic alliance contemplates both companies combining their mining and exploration expertise including resources such as management, personnel, exploration equipment and mining concessions to maximize shareholder value creating an exciting...
Dumont Nickel Inc. is pleased to announce that drilling has commenced at its Rattler Project, Utah, to test the Carlin style disseminated sediment hosted gold target (see also press January 29, 2007). This target comprises a series of surface gold anomalies in calcareous siltstone. The current drill program is the first such program to test the area, and will consist of three to five reverse circulation...
Wildcat Silver Corporation is pleased to report that its wholly-owned subsidiary, Ventana Gold Corp. , has completed a ground magnetic and IP/Resistivity geophysical survey and begun a planned 6,000 metre diamond drilling program at its 178.6 hectare La Bodega property situated in the California-Vetas mining district in northeastern Colombia. Environmental permit approvals for drilling are in place...
Crew Gold Corporation (“Crew” or the “Company”) (TSX:CRU) (Oslo:CRU) (Frankfurt:KNC) (Other OTC:CRUGF). Crew is pleased to announce it has signed an option agreement with Plethora Mining Corporation of the Philippines to earn into the Tandic Gold Project in San Mariano Municipality, Compostela Valley Province in southeastern Mindanao, the Philippines. Under the terms of the...