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...
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....
New Dimension Resources Ltd. and its wholly-owned subsidiary Dimension Resources (USA) Inc. (the “Company” or “New Dimension”) are pleased to announce that a 2,000 metre Phase I reverse circulation (“RC”) drill program has commenced at New Dimension’s Reese River Project (the “Property” or “Reese River”) in Nevada. The Phase I drill...
Clifton Star Resources, Inc. announce that an amendment to the payment schedule on the Beattie/Donchester/Dumico properties in Duparquet township, Quebec has been reached with the vendors with a payment of $500,000 on December 1, 2008 and the balance of $8,500,000 postponed to July 1, 2009. Also, they have agreed to accept the final payment in cash or shares or a combination from a third party. They...
Talon Metals Corp. announce that, further to its September 4, 2008 news release, a National Instrument 43-101 (“NI 43-101″) technical report has been filed on SEDAR for the Company’s 100% owned Sao Jorge Gold Project in Para State, Brazil. The technical report, which is entitled “Talon Metals Corp.: Sao Jorge Gold Project, Para State, Brazil, National Instrument 43-101 Second...
Global Gold Corporation announce that its exploration, test mining, and processing work has uncovered a significant gold and silver discovery in the Central Area of its Toukhmanuk property in the north central mineral belt of Armenia. Results of recent test mining, diamond drilling of over 20,000 meters, surface sampling of the No. 1 and 15 mineralized areas indicate that there are at least eighteen...
Diadem Resources Ltd. announce that it has entered into an agreement to retain Wakabayashi Fund LLC of Tokyo, Japan to assist Diadem in structuring and arranging one or more financings over a six month period. This will provide the Company with funding for general corporate purposes and to carry out a drilling program at its Franklin Diamond Project located on the Parry Peninsula in the Canadian Arctic....
Argentex Mining Corporation announce the appointment of Mr. Patrick Downey, P.Eng., an accomplished mining industry executive, to the company’s Board of Directors. Mr. Downey has been a highly regarded advisor to Argentex since December 2007, when he was appointed to the company’s formal advisory board. With over 25 years of international experience in the resource industry, Mr. Downey...
Diamond Discoveries International Corp. a U.S. company focusing on diamonds, precious and base metal exploration in the province of Quebec, is pleased to announce that its wholly owned subsidiary, Platinum Discoveries Corp, has commenced evaluation of its 100% owned Caribou project in the Thetford Mines area of Southern Quebec. Sampling of the eleven (11) showings that are present on the Caribou Property...
Ontex Resources Limited is pleased to announce that its Board of Directors has appointed Gary Conn as the Company’s new Chairman and John Thompson as the Company’s new President. In addition, the Company is pleased to announce the appointment of Denis Crane as lead director of the Company. Mr. Conn, formerly President of Ontex, will continue to serve as Chief Executive Officer of the Company....