Southwest Resources Announces Closing of Transaction With Duke Mining Company

October 30, 2009 Filed Under: Mining Investment, Oil and Gas  
Southwest Resources Announces Closing of Transaction With Duke Mining Company

Southwest Resources, Inc. announced that the Company has completed its purchase of the assets of Duke Mining Company Inc., (“Duke”) for the assumption of $823,706 of Duke’s outstanding debt and obligations. The assets purchased include the lease arrangement for the 640 acre mining claim in Utah and the respective equipment, fixtures and furniture associated with the claim. Southwest...