Weststar Resources Corp. report that it has completed logging and sampling of coal from the recently completed Phase 1 drill program at Tobin Lake. Samples are being analyzed by Loring Laboratories Ltd. in Calgary, Alberta. Results of the proximate (coal) analysis are estimated to be available in approximately two weeks time. Planning is also underway for an abbreviated drill program, to follow-up...
Weststar Resources Corp. announce it has signed a Letter of Intent with Derex Drilling Services Ltd., to begin a first phase drill program on the Company’s Tobin Lake Coal prospect located 60 kilometers N.E. of Nipawin, Saskatchewan. The Company will initiate an abbreviated first phase of drilling to consist of 5 to 8 holes from 50 to 100 meters in depth. This drill plan is designed to both ‘twin’...
Weststar Resources Corp. announce that it has received a NI 43-101 Technical Report on the Saskatchewan Tobin Lake 18 Meter Coal property. The report, dated January 6, 2009, is authored by Marvin A. Mitchell, P. Eng of Mitchell Geological Services Inc. and will be filed on SEDAR shortly. The Tobin Lake 18 Meter Coal property consists of 72 coal permits, with a total property area of 55,296 Ha (216...
TransAtlantic Petroleum Corp. announced today its intention to make an all cash takeover offer for all of the shares in Incremental Petroleum Limited. Incremental is publicly traded on the Australian Stock Exchange under the symbol “IPM.” Incremental is an oil and gas company with its main operations in Turkey and some additional properties in California, U.S.A. The Company believes that...
Silver Standard Resources Inc. report that diamond drilling in 2008 at its wholly-owned Snowfield project has outlined a new gold-copper zone. The Snowfield property is located 40 kilometers north of the town of Stewart in northern British Columbia and 15 kilometers southeast of Barrick’s high-grade gold-silver mine at Eskay Creek. The new Snowfield North Zone measures approximately 700 meters...
Supreme Resources Ltd. announce that drilling continues on its Ample-Goldmax property, near Lillooet, British Columbia. A total of seven drill holes have been completed on the property this fall, with a total of 438m drilled. Of particular interest, in the drilling to date, is drill hole AG-08-38, which encountered 6.05m of strongly quartz-veined greenstone and graphite phyllite from 30.12m to 36.17m,...
TransAtlantic Petroleum Corp. announced that it is changing its operating strategy from a prospect generator to a vertically integrated project developer. To execute this new strategy, the Company has agreed in principle to acquire Longe Energy Limited (“Longe”), an entity associated with the Company’s Chairman, N. Malone Mitchell 3rd, in conjunction with a private placement that...
Lawrence Dick, the President of Confederation Minerals Ltd., is pleased to report that the Company has commenced drilling on its Confederation Lake property (Mitchell Belanger claims) in the Red Lake District of Northwestern Ontario. The Company plans to carry out 2,000 meters of drilling to test several geo-chemical anomalies identified by last years work program. The Confederation Lake Property consists...
PACIFIC ASIA CHINA ENERGY INC. announced the closing of the plan of arrangement under which Green Dragon Gas (“Green Dragon”), through its wholly-owned direct and indirect subsidiaries, GREKA China Ltd. and GREKA Acquisitions Ltd. (“GREKA”), acquired all of the Company’s outstanding shares at a price of CDN$0.35 per share in cash, for total cash proceeds of approximately...
DEVELOPMENTAL Cherokee County # Marathon Oil will drill the Dixon “A” Well No. 5 in the White Oak Creek (Travis Peak) Field to 12,500 feet, 7.2 miles west of Alto in the Self, I Survey, A-793. # The Barnes Gas Unit 1 Well No. 4 will be drilled by Southwestern Energy Production in the Overton (Cotton Valley Sand) Field. The well will bottom at 12,550 feet and is 3.7 miles northeast of Mixon...