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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Kosmos Energy’s Mahogany Deep-2 Well Offshore Ghana Successfully Appraises Greater Jubilee Area

Kosmos Energy announces today that the company’s Mahogany Deep-2 well on the West Cape Three Points Block offshore the Republic of Ghana has encountered light oil in three stratigraphic intervals and successfully appraised the greater Jubilee area. The Mahogany Deep-2 well was drilled about 3 kilometers (2 miles) west of the Mahogany-3 well, Kosmos’ Mahogany Deep discovery well, to appraise the... 

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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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Garibaldi’s Exploration Strategy Pays Off-Significant “Gold in Soil” Anomaly Discovered Over Hyperspectral Target

Further to its news release dated March 03, 2009, Garibaldi Resources Corp. announce that wide spaced soil sampling on the Company’s 100% owned Tonichi Project in Sonora, Mexico has identified a significant “gold in soil” anomaly over one of its high priority hyperspectral target areas. The soil geochemical survey outlined strongly anomalous Au values (112 samples returned gold values... 

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Geotrace Accelerates Oil and Gas Discovery With Isilon IQ

Isilon(R) Systems, the proven leader in scale-out NAS, today announced that Geotrace, a leading reservoir services provider, has deployed Isilon IQ to power a robust suite of seismic data processing and analysis applications used to accelerate worldwide oil and gas discovery. Using Isilon scale-out NAS, featuring its OneFS(R) operating system, Geotrace has created a single global namespace for both... 

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Kaminak’s Partner Completes Drilling on Cry Lake, British Columbia

Kaminak Gold Corporation announced that project partner Solomon Resources Ltd. completed a diamond drill program on Kaminak’s 100% owned Cry Lake Gold-Silver Project located in north western British Columbia, Canada. The program was funded by Kaminak’s partner who completed two diamond drill holes totalling 416 metres as well as geological mapping and sampling of an extended soil geochemical... 

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North Bay Resources Inc. Acquires Fawn Gold-Silver Property

North Bay Resources Inc., a junior mining company with over 140 mineral and placer claims encompassing approximately 50,000 acres throughout British Columbia, Canada announce that it has acquired a 100% interest in the Fawn gold-silver property in central British Columbia, Canada. The Fawn property is situated on the Nechako Plateau of central British Columbia, approximately 120 kilometres southwest... 

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Credo Petroleum Announces Drilling on Its First Horizontal Bakken Well

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... 

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Silver Quest Resources Ltd.: Exploration Update on the Yukon Projects

Silver Quest Resources Ltd. announce the commencement of a surface exploration program to further evaluate its properties in the White Gold area of the Yukon. The programs will comprise geological mapping, prospecting and auger sampling of previously defined geochemical anomalies on the Boulevard Property (see Press Release July 23, 2009), and prospecting and soil geochemistry on the Sizzler, VO, CC,... 

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New gold acquisition in Pinos district, Zacatecas, Mexico

Xtierra Inc. announce that it has entered into an option agreement with private Mexican interests whereby it may acquire a 100% interest in the El Dorado gold project within 2,890 hectares of mining claims located in the Pinos district of southeastern Zacatecas State, Mexico. The property is located within the Central Mexican Mineral Belt and has an existing small-scale underground gold mining operation... 

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