Passport Metals Inc. Acquires Potash Property in Arizona

Passport Metals Inc. has entered into a mineral option agreement with Southwest Exploration Inc., a private Arizona incorporated company, to acquire a 100 per cent interest in 13 State Leases, comprising 8,413.3 acres (3,404.76 ha). The properties to be designated the “Holbrook Holdings” are located in Navajo County, covering portions of the prospective “Holbrook Basin”. According... 

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Mine Site Technologies and Rajant Corporation Deploy Wireless Mesh Systems in Two Mines

Rajant Corporation, a leading provider of portable mobile wireless networking solutions, announced today that its global partner Mine Site Technologies (MST) has secured two new mining deployments in Australia using the Rajant BreadCrumb® wireless mesh solution. Recently announced as Rajant’s global partner for mining, MST is the leading mining solutions provider, specializing in the development... 

Victoria Engages Renmark Financial Communications Inc. and Exploration Status at Victoria’s Cove-McCoy and Hilltop Projects

Victoria Gold Corp. has engaged the services of Renmark Financial Communications Inc. to assist with its investor relations activities. Renmark has a team of 30 investor relations professionals who provide a range of investor relations and financial communications services. In consideration of the services to be provided, Victoria is committed to pay a monthly retainer fee of $6,000.00 for an initial... 

Mirabela makes first drawing under financing package

Mirabela Nickel Limited is pleased to announce it has drawn down US$50m under the US$80m bridge financing facility recently announced with Barclays and Credit Suisse. With construction of the Santa Rita project more than 50% complete, ongoing funding of the project has moved from equity to debt. In addition to the bridge facility, Barclays and Credit Suisse have underwritten a US$280m term loan facility... 

Virgin Metals Announces Receipt of a Positive Pre-Feasibility Study on the Los Verdes Molybdenum-Copper Project, Sonora, Mexico

Virgin Metals Inc. announces that it has received from its consultants, headed by Mine and Quarry Engineering Services (“MQES”), the results of the pre-feasibility study (PFS) of a mining and processing operation to exploit its 100% owned Los Verdes molybdenum – copper project. A NI 43-101 technical report will be filed within 45 days. The study is based on a 1 million tonne per year... 

USR Technology, Inc. Announces Letter of Intent With Euroslot SA Valued at $2 Million

USR Technology, Inc., is pleased to announce that it has entered into a Letter of Intent, dated July 3, 2008, with Euroslot SA, a private French company which specializes in the production of metallic filtration separation media for the oil and gas drilling industry. The letter of intent with Euroslot addresses two principal areas. The first is the granting of a credit of US$1,000,000 for the purchase... 

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EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 10-14, 2008

EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum offers institutional investors,... 

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Diavik Diamond Mine first quarter update

Diavik Diamond Mines Inc. (DDMI), operator of the Diavik Diamond Mine, is pleased to provide this first quarter update. Diavik continued to build on its strong safety record with zero lost time injuries, two medical treatments and an all injury frequency rate of 0.37 during the first quarter of 2008. DDMI was notified that for its excellent 2007 safety record, Diavik has been selected to receive the... 

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Andean American Mining Engages CHF Investor Relations

Andean American Mining Corp. announced that it has retained the services of CHF Investor Relations (Cavalcanti Hume Funfer Inc.) of Toronto and Calgary, Canada’s longest established and one of its most respected IR firms. John Huguet, Chairman and CEO, commented: “We are committed to proactively increasing and improving investor awareness of Andean American, in particular its dynamic resource... 

Wentworth Energy Announces Completion of Red Lake Gas Unit #1-R Well

Wentworth Energy, Inc. is pleased to announced the completion of the Red Lake Gas Unit #1-R well (“1-R”) in Freestone County, Texas. A four point test of the 1-R well yielded a calculated absolute open flow rate of 1.7 million cubic feet of gas per day. The 1-R well is an offset to Wentworth Energy’s first gas discovery, the No. 1 Brakens’ well that tested at stabilized flow...