UC Hub Group Announces Agreement for Montana Gold and Royal American Sapphire Property

UC Hub Group, Inc. announces the signing of a binding letter of intent agreement to mine the gold and sapphire mine near Helena, Montana in exchange for shared revenue. Formal contracts are being prepared this week by counsel for execution. The Montana mine will produce revenue from gold and sapphires and will allow UC HUB to place the UC HUB Gold Wash Plant on the private property to begin mining... 

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Exploration Puma Purchase of Three Lots Over the Former Shaft Mine at the Nicholas-Denys Project

Puma Exploration Inc. has just bought the three private properties covering the site of the former mine facilities at its Nicholas-Denys project in New Brunswick. In fact, the Company has acquired three private lots with a total area of 14.6 hectares which also include the Shaft lens and the northern portion of the Hache lens. With this acquisition Puma becomes the sole owner of the surface rights... 

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Cadillac Closes Flow-Through Financing

Cadillac Ventures Inc. has closed the previously announced flow through financing. The Company has raised, by way of private placement, gross proceeds of $145,000 through the sale of 580,000 flow-through units at a price of $0.25 per unit. Each unit is comprised of one flow-through common share and one half of one warrant, each whole warrant exercisable for a period of 18 months from closing into one... 

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Benton to Acquire Significant Shareholding in Coro Mining Corp.

Benton Resources Corp. announce that it has agreed, subject to certain conditions, to subscribe to a non-brokered private placement in Coro Mining Corp.. The Company will, upon closing, acquire 27,272,727 units of Coro at a price of $0.11 per unit for a total investment of CAD$3,000,000, each unit consisting of one common share and one common share purchase warrant of Coro. Each Warrant will entitle... 

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Roxmark completes another $1 million financing with MineralFields Group

Roxmark Mines Limited announced the completion of a $1 million non-brokered private placement financing with MineralFields Group of Toronto, a leading mining fund. This is the third Roxmark financing with MineralFields. Gross proceeds of $1 million were received through the issue of 14,285,712 flow-through units at a price of $0.07 per unit. Each unit consists of one common share and one common share... 

Gryphon Gold Enters Lease with Newmont on Scarper Property

Gryphon Gold Corporation report that Nevada Eagle Resources, a wholly owned subsidiary of Gryphon Gold, entered into a lease agreement whereby Newmont Mining Corporation has agreed to undertake exploration and development, if warranted, of Nevada Eagle’s Scraper property, located on the northern extension of Nevada’s prolific Carlin trend. The Scraper property consists of 33 unpatented... 

Gilla Acquiring Terra Merchant Resources Corporation

GILLA INC., has entered into a definitive agreement effective October 3, 2008 to acquire all the shares of Terra Merchant Resources Corporation, a private company incorporated in Ontario, Canada. Terra has secured rights to a gold exploration property in Angola, known under the name of Salutar Commercio Mining Concession, located some 120 km north of Cabinda City, Angola. The concession covers approximately... 

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HTX Minerals Corp Forms Strategic Alliance with Impala Platinum

HTX Minerals Corp announce that it has entered into a strategic alliance with Impala Platinum Holdings Limited, the world’s second largest primary platinum producer. The alliance will focus on PGE-Nickel exploration in Ontario, Canada. Under the terms of the strategic alliance agreement, Implats will fund $900,000 towards HTX’s Nickel-Copper-PGE Ontario project generation activities over... 

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Western Sierra Confirms Negotiations to Acquire Two Additional Patented Mine Sites in Arizona

Western Sierra Mining Corp. confirmed that it is in the final stages of negotiating a contract to acquire both the Blue Bell and De Soto mines located near Crown King and Mayer, Arizona. Both mines have historically produced large amounts of gold, silver and copper and rest on approximately 550 acres of patented property. Michael Chaffee, CEO & President of Western Sierra Mining, commented, “When... 

Supreme Resources Ltd.: More Visible Gold Encountered at Ample-Goldmax

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,... 

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