Aurizon Mines Ltd. announce that it has entered into a letter agreement with Alexandria Minerals Corporation (”Alexandria”) whereby Alexandria has granted the Company an option to earn an undivided 100% interest in nineteen (19) mineral claims, subject to an existing 2% net smelter return and a 2% gross overriding receipts royalty on any diamonds extracted [...]
Vena Resources Inc. announce that the phase one drilling program at Macusani has been completed. This diamond drill program has been completed with 7,583 metres drilled at Tantamaco and 6,215 metres drilled at Nueva Corani for a total of 13,798 metres resulting in 6,755 samples assayed. All assay data is now complete and recorded. Additional [...]
Strathmore Minerals Corp. is pleased to provide a progress update to shareholders on the ongoing mine permitting activities at the George-Ver Property, Gas Hills Uranium District, Wyoming. The property is owned by Strathmore’s wholly owned U.S. subsidiary, Strathmore Resources (US) Ltd. and the mine permitting activities are overseen by personnel in the Company’s Riverton, Wyoming [...]
Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (”Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in [...]
As a result of the recently announced iron ore settlements between major Asia-Pacific iron ore producers and consumers, as well as the rising price of hot band steel, Cleveland-Cliffs Inc (NYSE: CLF) today updated its 2008 iron ore revenue and cost-per-ton guidance. In addition, the Company provided commentary on expected pricing for its North American [...]
Cardero Resource Corp. (”Cardero” or the “Company”) (Toronto:CDU.TO)(AMEX:CDY)(Frankfurt:CR5.F) is pleased to announce that, as part of the Company’s strategy to focus on its pre-eminent Pampa De Pongo and Pampa el Toro Iron Ore deposits in the Marcona District of Peru, it has signed a letter of intent dated June 12, 2008 (”LOI”) with Ethos Capital [...]
Silver Dragon Resources Inc. announced today that the Company has duly paid the state compensation tax (royalty) for the privatization of the Erbahuo silver mine pursuant to applicable Chinese laws. The payment of RMB 4,468,600 (approx. US$650,000) was made to the local provincial department of China’s Ministry of Land and Resources, the agency responsible for [...]
Mengold Resources Inc. has finalized a Joint Venture Agreement with X-Ore Resources Inc. for the Greenwater Ni-PGE Property (Greenwater). Since the first announcement of this joint venture on March 3, 2008 (see news release NR-08-07), the partners have staked additional claims increasing the size of the property to 9,088 hectares (22,456 acres). This Property, located [...]
U.S. Energy Corp., a diversified natural resource company with interests in molybdenum, oil and gas, gold, and real estate, today provided a review of 2007 results and an update on current operations for its primary business segments.
Review of 2007 Accomplishments
The year ended December 31, 2007 was the most profitable in U.S. Energy Corp.’s history, due [...]
Grenville Gold Corporation is pleased to announce that its subsidiary Inversiones Mineras Alexander S.A.C. has purchased 31 new mineral concessions totaling 620 Ha from various mineral title owners, to bring the total mineral concessions under the Silveria Project to 2,797 Ha. Grenville is now in a position to maximize the full potential of the former [...]
