American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska

American Mining Corporation announce that it has signed a binding letter of intent to enter into a joint venture with International Tower Hill Mines Ltd., in respect of ITH’s high grade Terra Gold Project in Alaska. Pursuant to the letter of intent, Terra Gold Corp. (“Terra”), an Alaskan subsidiary of AMC and Raven Gold Alaska Inc. (“Raven”), a subsidiary of ITH, will form a joint venture... 

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Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

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Fluor Awarded Debswana Contract for Diamond Mine Expansion in Africa

Fluor Corporation announced that the company won an engineering, procurement and construction management (EPCM) contract from Debswana Diamond Company Ltd, a joint venture of the Government of Botswana and De Beers, to execute the Jwaneng Cut 8 mining project in Botswana. After successfully completing the feasibility study for Debswana earlier in 2009, Fluor was awarded the procurement and construction... 

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Nass Valley Gateway signs agreement to acquire three gold prospects, Kirkland Lake Mining Camp, Ontario, Canada

NASS VALLEY GATEWAY LTD., announce the signing of an Acquisition Agreement with Golden Dawn Minerals Inc. (GOM), which gives the Company an option to acquire an 80% Joint Venture interest in three gold prospects within the Larder Lake Mining Division of the Province of Ontario, Canada. The three properties, Central Catharine, Link-Catharine, and the 80-Foot-Fall property are located within the Boston-Skead... 

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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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Kinti Mining Ltd. Receives Khangolov Resources’ Equity Position in Palisades Petroleum

Kinti Mining Ltd. receives Khangolov Resources’ Equity Position in Palisades Petroleum. Richard Byrd, the CEO of Kinti Mining Ltd., Is extremely pleased to announce that Khangolov Resources has agreed to assign their large equity position in Palisades Petroleum to Kinti Mining Ltd. This will make Kinti Mining Ltd. the largest shareholder in Palisades. Frank Love, the CEO of Khangolov Resources,... 

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Coro Announces Participation in Valley High Non-Brokered Private Placement

Coro Mining Corp. announces that it has sold, through the facilities of the TSX Venture Exchange, 3,050,000 common shares of Valley High Ventures Ltd. (“Valley High”) which were previously acquired by Coro in October 2008. Coro filed a Form 45-102F2 Notice of Intention to Distribute Securities on December 10, 2009 announcing Coro’s intention to sell up to 3,256,141 common shares of... 

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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Western Coal Announces Share Buy Back Program

Western Coal Corp announced today that it intends to file with the Toronto Stock Exchange a notice of its intention to make a normal course issuer bid for its common shares through the facilities of the TSX and the Alternate Investment Market of the London Stock Exchange. Subject to TSX approval, Western intends to purchase up to 10 million Common Shares, being approximately 5% of Western’s... 

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BRYN Resources finalizes the form of a Letter of Intent with Cayenne Gold Mines Ltd

Bryn Resources Inc announce that it has finalized the form of a Letter of Intent with Cayenne Gold Mines Ltd. which it will sign today detailing the parameters within which it may enter into a Joint Venture Agreement (J.V.) with Cayenne to commence and complete a bulk sampling extraction from Cayenne’s Windflower Property near Revelstoke British Colombia in the Kootenay Mining Division of B.C. The... 

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