Wescan Goldfields Inc. announce that diamond drilling has commenced on the Wescan - Alto Ventures Ltd. Mud Lake Joint Venture. Ten to twelve core holes will be drilled to test gold mineralization along the six kilometre Mud Lake Shear Zone, a region where gold occurs on surface and in drill intercepts that assay [...]
TRI-STAR HOLDINGS, INC., a publicly traded company currently on the Over the Counter, announced the Company is in negotiations with Azrock Mining of Arizona to establish operations at the company’s gold mine claims COS 1 and COS 2 in Salome, Arizona. Pending negotiations, Azrock is scheduled to begin operations on or about Monday, October 20. [...]
TRI-STAR HOLDINGS, INC., a publicly traded company currently on the Over the Counter, announced today that it has signed definitive agreements acquiring two gold mines in the Salome valley, Arizona. Under the terms of the definitive agreement, the company has acquired 80.0% of the mineral rights of claims COS #1 & #2 in a $4,000,000 [...]
US GOLD CORPORATION announces it has made a new gold discovery within the Magistral District, located in Sinaloa State, Mexico. Exploration highlights from initial holes: 0.13 ounces per ton (opt) gold over 98.4 feet (ft.), (4.59 gpt (grams per tonne) over 30.0 m) including 0.51 opt gold over 19.7 ft. (17.63 gpt gold over [...]
Wescan Goldfields Inc. provide an update on the Mud Lake property exploration program, a joint venture between Wescan and Alto Ventures Ltd. in the Beardmore-Geraldton Gold Belt in northwestern Ontario. The prolific Beardmore-Geraldton Gold Belt has produced over four million ounces of gold in the past with grades comparable to the Red Lake mining camp [...]
EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum [...]
Ironclad Mining advised that the Company continues to make good progress towards the development of the Wilcherry Hill Crystalline Magnetite Project to export iron ore to China and other East Asian customers. The Company reported more excellent results from resource extension and exploration drilling; South Australian Government moves to establish bulk commodities port for iron [...]
A Lehman Brothers analyst raised his price targets on 37 companies in the oil services and drilling sector, seeing a strong recovery in 2008 and 2009 for North American natural gas drilling along with significant international growth over the next few years.
Analyst James Crandell’s top picks in the sector are Weatherford International Ltd., Halliburton Co., [...]
You could say Deutsche Bank analyst Mike Urban was swimming against the tide, after he downgraded several offshore drillers and said investors may be too focused on deepwater rigs and ignoring the risks in the shallow-water rigs those companies also operate.
Urban changed his ratings on Ensco International and Transocean to “Sell” from “Hold” and also [...]
Houston - Accounting, tax and business advisory firm Grant Thornton LLP announced recently that, according to its 2007 Survey of Upstream U.S. Energy Companies, the top concern among energy executives is the uncertainty of natural gas and oil prices in the near future.
More than 80 companies (40 percent public and 60 percent private) responded to [...]
