Daybreak Announces Operational Update at Its East Slopes Project, Kern County California
Daybreak Oil and Gas, Inc., a Washington Corporation, is pleased to announce the following operational updates for its East Slopes Project in the San Joaquin Valley in California. The Company’s production facilities at its East Slopes Project in Kern County, California has been substantially completed. Some electrical work is remaining, but the facilities are operational. The oil from the Company’s...
Tonogold Resources Announces Acquisition of Goldstrike, Utah Gold Project
Tonogold Resources, Inc. has leased 120 unpatented mining claims (2,400 acres) covering key portions of the Goldstrike District in Washington County, Southwest Utah. Goldstrike is an advanced gold exploration project. The Goldstrike property consists of two mining leases covering areas of shallow historic open pits, separate unmined areas with thick gold drill intercepts, and untested structural and...
Hinterland Options 1661ha Ballarat Property in White River Gold Play, Yukon
Hinterland Metals Inc. announce that it has signed an option agreement to acquire a 100% interest in the 12 claim Ballarat property located approximately 15km to the south of the Golden Saddle zone where Underworld Resources Inc. recently reported notable gold values in drill intersections. Under the terms of the option, Hinterland has agreed to pay the Vendor $40,000 cash, issue 400,000 shares and...
Minera IRL: Corihuarmi Mine Life Extended
Minera IRL Limited, the holding company of precious metals mining and exploration companies focused in Latin America announce the updated ore reserves and the results of the new Corihuarmi Life-of-Mine Plan. All new figures are effective 1 January 2009. The new resource was compiled by MIRL staff assisted by external consultants and audited by Coffey Mining. The resource is based upon a combination...
Copper Fox announces the withdrawal of a private placement financing
Copper Fox Metals Inc. announces that a non-brokered private placement with a related party to issue up to 25,000,000 units at a price of $0.12 per share for gross proceeds of $3,000,000 originally disclosed on November 7, 2008 has been cancelled and the “offering” withdrawn. The Company is investigating the situation with its legal counsel. Concurrently management is pursuing alternative...
Daybreak Announces Drilling Operations at Its East Slopes Prospect in San Joaquin Basin, California
Daybreak Oil and Gas, Inc. a Washington Corporation, announce that the Sunday #1 well at the Company’s East Slopes Prospect in the San Joaquin Basin near Bakersfield, California has begun drilling. The Company and its partners have contracted with Nabors Drilling USA to drill the well. It is anticipated that the well will take approximately seven days to drill and evaluate. The results will be...
Copper Fox announces private placement financing
Copper Fox Metals Inc. announce that it has entered into an arrangement to complete a non-brokered private placement with a related party to issue up to 25,000,000 units at a price of $0.12 per share for gross proceeds of $3,000,000. Each unit will consist of 1 (one) common share and one-half (1/2) of a non-transferable common share purchase warrant, each whole warrant entitling the holder to acquire...
Indian tribe defends “hill god” from foreign miner
Their thick, ancient forests shelter leopards, elephants and even the odd tiger, their slopes are home to an isolated tribe, but the “curse” of eastern India’s Niyamgiri hills lies beneath the soil. Massive deposits of bauxite have brought Britain’s Vedanta Resources to this remote corner of the state of Orissa, where they have already built a $900 million alumina refinery. Just...
Valencia Signs Letter of Intent to Acquire 100% of Chanarcillo Silver Property, Chile
Valencia Ventures Inc. is pleased to announce it has signed a Letter of Intent to acquire a 100% interest in the Chanarcillo bonanza-style silver property surrounding the Chanarcillo mine located in northern Chile from Compania Minera Calcia Ltda. (“Calcia”). Chanarcillo, one of Chile’s most important “epithermal bonanza-style” silver mines, is located some 750 km north...
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