CanAlaska Uranium Ltd. announce that it has entered into a Memorandum of Understanding with East Nickel Mining Inc. to undertake joint exploration for uranium on its 100%-owned North East Wollaston Project. As outlined in the MOU, ERI may earn a 40% interest in the Project by undertaking a minimum of 100,000 metres of diamond drilling within 5 years. ERI may earn a 70% interest in the Project by undertaking...
Crescent Resources Corp. announces that it has signed a contract with Compania Paraguaya de Mineria S.A. for 20,000 metres of drilling on the Oviedo Uranium Project in Paraguay. This open-hole drilling program using reverse-circulation equipment is scheduled to commence in early August. The open-hole drilling method in conjunction with a down-hole gamma-ray probe will give immediate indications of...
Crescent Resources Corp. has amended its agreement to acquire 100% of three mineral exploration licenses comprising the Boulder Lake uranium project covering 21,875 hectares in northwest Manitoba. The terms of the agreement require the Company to have expended $250,000 of exploration expenditures on the Boulder Lake project by May 18, 2007. To date the Company has spent about $60,000 and due to the...