Alix Acquires Claims in B.C. With 2.04% Rare Earth Oxides Across 15 Meters

ALIX RESOURCES CORP. has entered into an agreement to acquire a block of claims totalling approximately 450 hectares in British Columbia which host a historic BC Minfile Rare Earth Oxide (REO) occurrence. BC Minfile reports that “a sample of chips taken at random across a 15 metre section returned… 2.04%REO” (Minister of Mines Annual Report 1965 p.266). The second claim block consists... 

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North Atlantic to Commence Trading on TSX Venture Exchange

North Atlantic Resources Ltd. announces that, further to its news release of December 1, 2009 the common shares of the Company will commence trading on the TSX Venture Exchange effective at the opening of trading on Friday, December 18, 2009. The Company is classified as a Tier 2 Mineral Exploration/Development Company on the TSX Venture Exchange. The common shares of the Company will cease trading... 

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Royal Gold Raises Common Stock Dividend 13% to $0.36 Per Share

Royal Gold, Inc., a leading precious metals royalty company, today announced that its Board of Directors increased the Company’s annual dividend for its shares of common stock from $0.32 to $0.36, payable on a quarterly basis of $0.09 per share. Royal Gold has steadily increased its annual dividend since it first issued a $0.05 annual payment for calendar year 2000. The Board also declared the dividend... 

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GE Transportation Helps Mine Efficiency Through Wheel Modernizations

GE Transportation’s Mining division announced the successful upgrade of more than 40 haul trucks since July for various mines to lower life cycle costs and improve availability and productivity of assets during the current economic downturn. The trucks have been outfitted with GE’s GDY106 AC electric drive wheel motor as GE was awarded several contracts to supply the aftermarket wheel motors to... 

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Kalahari Resources to Acquire Remaining Interest in Flagship Lamaque Gold Project

Kalahari Resources Inc. announce it has entered into agreements with Tundra Gold Mines Limited (‘Tundra’) and Golden Pond Resources Ltd. (‘Golden Pond’), the joint venture parties on the Lamaque property in Val d’Or, Quebec in order to consolidate ownership and allow for more advanced exploration to proceed. “The existing ownership structure has prevented Kalahari... 

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USCorp Announces Technical Data Uploaded to Secure Website

USCorp (OTCBB:USCS), in order to facilitate ongoing negotiations with a number of mining companies, has uploaded proprietary technical data to a secure website operated by Pandesa ShareVault for viewing by industry professionals. Access to the proprietary data is by invitation only after signing a confidentiality agreement and it is password protected. The information includes: Feasibility Studies... 

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Pele Mountain Signs Agreement With the City of Elliot Lake for Surface Rights at Eco Ridge Mine Project

Pele Mountain Resources Inc. announced the signing of a 21-year lease agreement (the “Lease”) between Pele’s wholly-owned subsidiary, First Canadian Uranium Inc. (“First Canadian”), and the City of Elliot Lake (the “City”) in respect of surface rights to key mining claims owned by First Canadian at its Eco Ridge Mine Uranium Project in Northern Ontario. The... 

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Endeavor Explorations Inc. – Don Lake Uranium Project – Exploration Update

Endeavor Explorations announces it has located the Global Positioning coordinates (GPS) for the previous historical drilling program conducted on the Don Lake Project during the 1960’s by Matrix Exploration Ltd. Based on this additional information the Company has made application with the Ministry of Mines in Saskatchewan, Canada to adjust the Company’s drill permits for a winter drill... 

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SEC and BCSC Complete Reviews of Silverado

Silverado Gold Mines Ltd. was notified on January 26, 2009 by the Securities and Exchange Commission that they had completed their review of the Company’s 2007 Form 10-KSB and related filings and had no further comments. On the same date, the British Columbia Securities Commission also advised Silverado that they had removed the Company from their Issuer in Default list and had concluded their... 

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Thompson Creek changes production guidance for 2009

Thompson Creek Metals Company Inc., one of the world’s largest publicly traded, pure molybdenum producers, today announced that due to unfavorable market conditions and reduced demand for molybdenum, the Company intends to reduce molybdenum production in 2009 from levels that were previously planned. The Company is currently reviewing adjustments to production plans and at this time anticipates... 

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