Universal Approved to Commence Drilling Nevada Gold Property

Universal Uranium Ltd. report that its Notice of Operation for proposed drilling on its newly acquired Tact Project in Humboldt County, Nevada has been accepted by the Bureau of Land Management office in Winnemucca. Universal is currently bonding the proposed activities with the State Bureau Land Management office which includes 15 to 20 reverse circulation drill holes from 15 permitted sites within... 

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Dumont sells Utah properties for cash plus royalty

Dumont Nickel Inc. announce that it has concluded a sale of its Utah mineral properties and interests in the Clifton-GoldHill District to Clifton Mining Company (CFTN:USOTC) for USD$255,000 cash and a 0.5% net smelter return royalty against future production proceeds from certain parts of the properties. Dumont established the Utah Joint Venture in 2002 (announced December 18, 2002) with Clifton Mining... 

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Denison Mines Corp. Announces Postponement in Midwest Project and Suspension at Tony M Mine

Denison Mines Corp. announced that the owners of the Midwest joint venture consisting of AREVA (69.16%), OURD (5.67%) and Denison (25.17%) have determined that the development of the Midwest Project will be postponed due to current economic conditions. The status of the project will be reviewed every six months. The postponement is a result of the current economic climate, delays and uncertainties... 

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Brownstone Joint Ventures With Laramie Energy LLC in Piceance Basin

Brownstone Ventures Inc. and its joint venture partner, Dejour Enterprises Ltd. announced they have signed a joint venture agreement with Laramie Energy II LLC, a privately funded Exploration and Production Company with corporate offices in Denver Colorado. The joint venture involves approximately 22,000 gross acres (6,300 net to Brownstone) in an area at the northwest edge of the Piceance Basin. Under... 

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Dejour Enterprises Selects Laramie Energy LLC to Joint Venture in the Piceance Basin

Mr. Hal Blacker, President & COO of Dejour Energy USA Inc. announces a joint venture agreement has been signed with Laramie Energy II LLC, a privately funded Exploration and Production Company with corporate offices in Denver Colorado. The joint venture involves approximately 22,000 gross acres (15,700 net to Dejour) in an area at the northwest edge of the Piceance Basin. Under the terms of the... 

Russell Industries is Actively Seeking Leasing and Joint Venture Partners to Work Its San Juan County Claims

Russell Industries, Inc., is actively seeking leasing and joint venture partners to work its 255 Unpatented Uranium and Vanadium Mining Claims located in San Juan County, Utah. “For the foreseeable future demand for uranium will grow far faster than the present world production. The successful nuclear power initiatives enjoyed by France and Japan are forcing other countries to evaluate their present... 

Full Metal Options Mount Andrew IOCG Property to Mosam Capital

Full Metal Minerals Ltd. and Mosam Capital Corp. have entered into a Binding Letter of Intent whereby Mosam can earn a 60% interest in Full Metal’s Mount Andrew Property, subject to acceptance from the TSX Venture Exchange. Mosam has the option to earn a 60% interest in the Property by incurring exploration expenditures totaling $3,000,000 over four years ($200,000 first year). Additionally,... 

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Golden Eagle Reports on Effects of Current Political Unrest in Bolivia on C Zone Gold Operation

Golden Eagle International, Inc. reported that its C Zone gold operation has been affected by recent and ongoing political unrest in Bolivia. Road blockades and the lack of diesel fuel throughout the Santa Cruz Department (State), in which the C Zone mine and mill are located, over the past three-week period slowed mining and milling, and finally led to what the Company believes to be a temporary suspension... 

Golden Eagle Purchases Additional Equipment to Expand C Zone Gold Mill

Golden Eagle International, Inc. reported that it has purchased an additional 200 tonne-per-day (tpd) hammer mill for its C Zone gold mill in eastern Bolivia from its Brazilian manufacturer. The Company estimates that the mill will be delivered within the next three weeks based on the manufacturer’s representations. The Company has also placed a deposit on a third hammer mill with an additional... 

Brownstone Ventures Inc. Acquires Securities of James Bay Resources Limited

Brownstone Ventures Inc. announces that on July 31, 2008, following James Bay Resource Limited’s (“James Bay”) initial public offering, it owned 2,500,000 common shares (“Common Shares”) of James Bay and 750,000 common share purchase warrants (the “Warrants”). In the event that the Warrants are fully exercised, these holdings represent approximately 11.4% of...