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...
Rajant Corporation, a leading provider of wireless mining solutions, announced today that it has entered into a reseller agreement with Indiana-based MacAllister Machinery Co. Inc., (MacAllister ) to market, sell and support its BreadCrumb® wireless mesh communications product line. “We look forward to working with MacAllister within the Caterpillar dealer network. With this new dealer agreement,...
There is a real need of a highly modified technology for the mining industry today. Being an informational economy, we recognize the increasing availability of information given to us through various resources. On the other hand, we now have tools to enable us to garner great value from that information quite readily. New information products can better inform decision processes. As businesses are...
Credo Petroleum Corporation, an oil and gas exploration and production company with significant assets in the Mid-Continent and Rocky Mountain Regions, today provided an update on its horizontal Bakken drilling project. Credo entered the horizontal Bakken oil play in 2008 as part of its ongoing strategy to focus on developing oil production and reserves. To date, the company has acquired 6,100 gross...
Unico, Incorporated, a natural resource company in the precious metals mining sector, today announced that Chairman Ray C. Brown has filed statements with the Securities and Exchange Commission reporting the acquisition of over 3.2 million shares of common stock and the subsequent gifting of approximately 1.1 million of those shares. Mr. Brown’s acquisition of shares was reported on two separate...
ViaLogy announces that its QuantumRD(TM) oil exploration technology and service has been credited with locating a major new oil deposit on the Galba Prospect in South Central Texas. The success marks the operational and commercial validation of the company’s software-based seismic interpretation service for oil and gas reservoir discovery and characterization. The technology accurately predicted...
UC Hub Group Inc. announces the formal contract and closing with Tri-Star Holdings Inc and their various Mining Claims of Gold, Silver and Copper. Now that the formal contract is closed we will begin working on a full Geologist report that is more closely representative of a 43-101 with a Certified Professional Geologist. These assets were represented by Tri-Star to be of significant value. If the...
The board of directors has resolved to appoint Lars Bergström the new president and chief executive officer of BE Group AB. Mr Bergström has a long professional history in the Swedish engineering sector, including several positions with the ABB Group. He also served as president and CEO of KMT, Karoline Machine Tools, which was a listed company during his five years at the helm. Most recently, he...
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...
UC Hub Group, Inc. announces that it has ordered staff to begin survey and preliminary prospecting on two new mining claim properties. These new and additional assays will be sent to an assay chemist lab in Nevada and Arizona for analysis of a combination of potential minerals including and not limited to gold and silver. If appropriate, the Company may also ask for further assay analysis for Platinum,...