Tasman drilling update from Norra Karr REE project, Sweden

February 24, 2010 Filed Under: Rare Earth Elements  
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... 

B.C. Provincial Government halts mineral exploration in Flathead Valley

February 10, 2010 Filed Under: Mining Services  
B.C. Provincial Government halts mineral exploration in Flathead Valley

Max Resource Corp. has learned that the Government of British Columbia intends to halt all ongoing mineral exploration work and prohibit any future mine development in the Flathead Valley in Southeastern B.C. In his Throne Speech of February 9, 2010, which outlines the B.C. Government’s legislative agenda for the upcoming session, BC Lieutenant-Governor Steven L. Point announced that the Province... 

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

February 5, 2010 Filed Under: Precious Metal  
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... 

NovaGold Files Final Base Shelf Prospectus for Future Financings

January 2, 2010 Filed Under: Mining Investment, Mining Stocks  
NovaGold Files Final Base Shelf Prospectus for Future Financings

Further to its news release of December 7, 2009, NovaGold has filed a final short form base shelf prospectus with the securities commissions in each of the provinces of Canada, except Quebec, and a corresponding amendment to its registration statement with the United States Securities and Exchange Commission. This shelf prospectus is intended to replace the Company’s previous shelf prospectus,... 

Kosmos Energy’s Mahogany Deep-2 Well Offshore Ghana Successfully Appraises Greater Jubilee Area

December 23, 2009 Filed Under: Oil and Gas  
Kosmos Energy's Mahogany Deep-2 Well Offshore Ghana Successfully Appraises Greater Jubilee Area

Kosmos Energy announces today that the company’s Mahogany Deep-2 well on the West Cape Three Points Block offshore the Republic of Ghana has encountered light oil in three stratigraphic intervals and successfully appraised the greater Jubilee area. The Mahogany Deep-2 well was drilled about 3 kilometers (2 miles) west of the Mahogany-3 well, Kosmos’ Mahogany Deep discovery well, to appraise the... 

Panamanian Government Authorizes Commercial Production at Molejon

November 18, 2009 Filed Under: Precious Metal  
Panamanian Government Authorizes Commercial Production at Molejon

Petaquilla Minerals Ltd. an emerging gold producer commissioning the operation of its gold processing plant at its 100% owned Molejon Gold Project announce that the Government of the Republic of Panama has granted approval for Petaquilla’s Molejon gold mine to advance to the commercial production stage. In accordance with Contract Law No. 9 of February 26, 1997, the Ministry of Commerce and Industry... 

Rubicon Minerals announces closing of Cdn $86 million bought deal financing

November 12, 2009 Filed Under: Mining Investment, Mining Stocks  
Rubicon Minerals announces closing of Cdn $86 million bought deal financing

Rubicon Minerals Corporation announce that it has closed its previously announced bought deal equity financing of 18,975,000 common shares (which includes the exercise in full of the over-allotment option of 2,475,000 common shares) at a price of Cdn$4.55 per share for aggregate gross proceeds to the Company of Cdn$86,336,250. The Company plans to use the net proceeds from the offering to advance the... 

Newly Acquired Manitoba Intrusive Complex Yields High REE Values

November 10, 2009 Filed Under: Mining Investment, Rare Earth Elements  
Newly Acquired Manitoba Intrusive Complex Yields High REE Values

Canadian International Minerals Inc (CIN) has been granted a 5000 hectare Mineral Exploration Licence (MEL) in the Knee Lake region in central Manitoba. The MEL covers the Cinder Lake alkaline intrusive complex (CLC) which has only recently been studied by the Manitoba Geological Survey (MGS) and the Department of Geological Sciences (DGS) of the University of Manitoba. The south eastern part of the... 

Touchdown Capital Options BC Gold Property

October 22, 2009 Filed Under: Lithium Mining, Mining Investment, Mining Stocks, Precious Metal  
Touchdown Capital Options BC Gold Property

Touchdown Capital Inc. announce that it has entered into an Agreement of Purchase and Sale (the “Agreement”) with an Arm’s Length Party (the “Arm’s Length Party”) to purchase a 100% interest, subject to a 2% NSR Royalty, on 15 mineral claims totalling 5916.3362 hectares located in the Caribou Mining Division in the Province of British Columbia (the “Property”). The... 

East Asia Minerals Drills More Gold at Miwah

October 7, 2009 Filed Under: Precious Metal  
East Asia Minerals Drills More Gold at Miwah

East Asia Minerals Corporation reports that assays have been received from an additional two diamond drill holes at the Main Miwah Gold Zone in Aceh Province, Northern Sumatra, Indonesia. The gold mineralized intersections are located west and south of drill hole EMD008, which encountered 2.11 g/t gold over 100 metres, including 4.81 g/t gold over 30 metres. EMD009 encountered 1.16 g/t gold over 88.0...