American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska

American Mining Corporation announce that it has signed a binding letter of intent to enter into a joint venture with International Tower Hill Mines Ltd., in respect of ITH’s high grade Terra Gold Project in Alaska. Pursuant to the letter of intent, Terra Gold Corp. (“Terra”), an Alaskan subsidiary of AMC and Raven Gold Alaska Inc. (“Raven”), a subsidiary of ITH, will form a joint venture... 

Tag: production joint venture, loi jv, hartman mining district alaska, greg schifrin

True North Gems Options Yukon Rare Earth Discovery to Great Western Minerals

True North Gems Inc. and Great Western Minerals Group Ltd. are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX’s True Blue property in the Yukon in exchange for carrying TGX through to completion of a bankable feasibility study. The True Blue property is located 55 kilometres south of Ross River, Yukon and is accessible via all-weather road... 

Tag: rare earth minerals on elements found on the north, rare earth elements and mineral that found on the north, top rare earth mineral companies, rare earths

Northland Appoints Banks for Project Financing

Northland Resources S.A. announce that the Company has appointed and retained leading global mining finance and investment banks – Societe Generale, UniCredit Bank AG and WestLB AG as exclusive Mandated Lead Arrangers in the proposed project financing of the Kaunisvaara Iron Concentrate Project. The Facility will be subject to each Mandated Lead Arranger securing its internal credit approvals,... 

Tag: unicredit mining, banks the finance mining, northland mining, banks financing iron ore mine

Tasman drilling update from Norra Karr REE project, Sweden

Tasman Metals Ltd. Mr Mark Saxon, President and CEO, provides an update on developments regarding the Company’s 100% owned Norra Karr Rare Earth Element (REE) project. The drill program currently underway is nearing its conclusion with approximately 80 per cent of the program completed. In addition, a collaborative research project has been initiated, under the guidance of renowned REE expert... 

Tag: north american ree mining, tasman metals norra, norra karr, norra karr rare earth element ree zirconium zr project in, tasman drilling

Terra Energy & Resource Technologies Completes an Exploration Services Project

Terra Energy & Resource Technologies, Inc., a natural resource exploration technology company, has completed an exploration services project for oil and gas in Nevada under a contract with Golden Eagle Alliance, LLC, a Colorado limited liability company. The contract entailed the application of STeP®, Terra’s proprietary remote sensing exploration technology, with the objective being to... 

Tag: terra energy, terra energy and resource technologies, terra energy resource, golden eagle alliance llc, top technologies in mining

Quaterra and Goldcorp Sign Investment Framework Agreement

Quaterra Resources Inc. announced that Goldcorp Inc., has entered into a binding Investment Framework Agreement (IFA) with the Company. The IFA formalizes the terms of a previously announced Letter of Intent that provides Goldcorp with an option to acquire an interest in certain mining properties held by or acquired by Quaterra in central Mexico in return for funding a two-year generative exploration... 

Tag: quaterra mining

Nass Valley Gateway signs agreement to acquire three gold prospects, Kirkland Lake Mining Camp, Ontario, Canada

NASS VALLEY GATEWAY LTD., announce the signing of an Acquisition Agreement with Golden Dawn Minerals Inc. (GOM), which gives the Company an option to acquire an 80% Joint Venture interest in three gold prospects within the Larder Lake Mining Division of the Province of Ontario, Canada. The three properties, Central Catharine, Link-Catharine, and the 80-Foot-Fall property are located within the Boston-Skead... 

Tag: nass valley, nass inc properties, mining in the nass valley, nass valley gateway, nass valley gateway ltd

Alix Acquires Claims in B.C. With 2.04% Rare Earth Oxides Across 15 Meters

ALIX RESOURCES CORP. has entered into an agreement to acquire a block of claims totalling approximately 450 hectares in British Columbia which host a historic BC Minfile Rare Earth Oxide (REO) occurrence. BC Minfile reports that “a sample of chips taken at random across a 15 metre section returned… 2.04%REO” (Minister of Mines Annual Report 1965 p.266). The second claim block consists... 

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USCorp Junior Gold and Silver Exploration Company Update on Picacho Drilling

USCorp updates its shareholders and the public regarding development of its Picacho Salton properties in Imperial County, California. Key management and members of the exploration team recently participated in a productive teleconference with representatives of the Imperial County office of the Bureau of Land Management (BLM) responsible for granting approval to drill and to mine USCorp’s Picacho... 

Tag: top junior silver mining stocks

Luna Gold announces the completion of a US$15 million project debt facility

Luna Gold Corp. announce that it has completed the two-tranche, senior secured, project debt facility (the “Facility”) in the amount of up to US$15 million with RMB Resources Inc, the offer of which was previously announced on October 15, 2009. Tranche 1 is in the amount of US$7.5 million and is available for the completion of the Aurizona project. Tranche 2 is in the amount of a further...