Bayswater Uranium Corporation reports it has entered into an option agreement with Coltstar Ventures Inc., a capital pool company listed on the TSX Venture Exchange, whereby Coltstar may acquire all of the issued and outstanding shares of Bayswater’s wholly owned subsidiary Tuscany Minerals s.r.l., which holds certain gold mineral properties located in Italy. The acquisition [...]

North Bay Resources Inc. announce that it has finalized and signed a contract with Hidalgo Mining International Inc. to engage in a joint-venture for the development of North Bay’s Silver Leaf Property.
Terms of the agreement call for Hidalgo to commit up to $1.25 million US over three years for developmental drilling and surface ore recovery. [...]

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced today that it has finalized and signed a contract with North Bay Resources Inc. to engage in a joint-venture for the development of North Bay’s Silver Leaf Property.
With the signing of the Agreement, Hidalgo now has a 50% undivided interest in the [...]

Verenex Energy Inc. announce that it has submitted a Final Appraisal Report for the A1-47/02 Field to the Area 47 Management Committee which includes representatives of Verenex, Medco International Ventures Limited and the Libyan National Oil Corporation (”NOC”). The Report recommends that the field be declared commercial as a first step in advancing a 50,000 [...]

Golden Phoenix Minerals, Inc. announced that in response to the sharp reduction in demand and price for molybdenum worldwide, the Ashdown molybdenum mine in Humboldt County, Nevada has been placed on care and maintenance with a significant reduction in force until further notice.
The Ashdown mine produces molybdenum concentrate which is roasted to the oxide form [...]

Epsilon Energy Ltd., announced that it had purchased 1,000,000 of its Common Shares through a combination of open market and block trades at an average cost of $0.83 per Common Share between October 1, 2008 and November 7, 2008. Under terms of the Normal Course Issuer Bid approved by the Toronto Stock Exchange (”TSX”) on [...]

Emerald Bay Energy Inc. reported on recent drilling activities in Central Alberta. Drilling operations have now been completed at Dorenlee, Alberta (Township 43, Range 20 W4). The Company drilled three wells in succession at Dorenlee, targeting the Edmonton Sand, Horseshoe Canyon, Belly River, and Basal Belly River formations. Emerald Bay is the Operator as well [...]

Mogul Energy International, Inc. announced its plans to begin drilling on the exploration program involving the Walpole properties located in eastern Saskatchewan. Mogul has contracted the company CODECO to complete this drill program. Mogul Energy representative stated, “The licensing on the first drill location is complete and we expect the second drill location licensing process [...]

Gray Creek Mining Inc. announces that effective November 10, 2008, it has acquired from Budget Waste Inc., a Nevada corporation its wholly owned subsidiary, Budget Waste Inc., an Alberta corporation, which holds and controls 100% of BWI’s assets and business operations, for approximately 52% of the outstanding shares of common stock of Gray Creek in [...]

Surge Global Energy, Inc. announce that its wholly owned subsidiary, Surge Energy Resources, Inc., has concluded leasing approximately 640 acres in Crane County, Texas at a cost of about $140,000. Surge plans on drilling its first oil & gas discovery well on those leases within the next 30 days at a drilling cost of approximately [...]