Quaterra Resources Inc. announces that it has secured an option with the Willow Creek Discovery Group, LLC, to acquire 100% of the Willow Creek porphyry molybdenum prospect in southwestern Montana, 40 miles southeast of Missoula and 10 miles northwest of Phillipsburg.
The Willow Creek prospect is located within the prolific northeast-trending Idaho-Montana porphyry belt, which includes [...]

Hecla Mining Company announced it has acquired substantially all of the assets of Independence Lead Mines Company (ILM), located in northern Idaho’s Silver Valley. ILM shareholders voted overwhelmingly in favor of the transaction at an ILM meeting of shareholders on Monday, October 27, 2008, and the transaction was closed today. Included in the ILM assets [...]

WGI Heavy Minerals, Incorporated announced that its board of directors has approved a special cash distribution to shareholders in the amount of US$0.80 per share. This special distribution represents a return to the shareholders of up to US$19.5 million (including distributions on shares anticipated to be issued upon the exercise of restricted stock units or [...]

Hecla Mining Companyb announced it has repaid $200 million of the $240 million bridge loan used to acquire the remaining 70.27% of the Greens Creek joint venture. The loan agreement has been amended to extend the maturity date for the remainder of the bridge loan to February 16, 2009, subject to conditions set forth in [...]

Nevoro Inc. announces the commencement of exploration core drilling by Black Panther Mining Corp. on the Golden Loon Ni-Co-PGE-Au property located 80 km north of Kamloops, British Columbia.
As recently announced, Black Panther entered into an option agreement with Nevoro to earn up to a 50% interest in Nevoro’s interest in the Golden Loon property by [...]

Thompson Creek Metals Company Inc., one of the world’s largest publicly traded, pure molybdenum producers, today announced that Pamela L. Saxton has assumed all the duties and responsibilities of the Chief Financial Officer and Vice President, Finance, effective October 16, 2008. Her appointment to this role was previously announced in a July 29, 2008 news [...]

U.S. Silver Corporation announce that Bobby Cooper will become the Company’s new Chairman of the Board effective immediately. Mr. John Ryan, the former Chairman, will remain an active member of the board. Mr. Ryan was hugely instrumental in the creation of US Silver in 2006. He has served the Company with distinction and dedication over [...]

Sterling Mining Company’s board of directors has submitted a written request to the Toronto Stock Exchange to voluntarily delist its common shares from TSX.
After careful consideration of the Company’s business needs, Sterling’s board of directors has unanimously decided to voluntarily delist its shares from the TSX. Sterling Mining Company’s Common shares (Toronto:SMQ.TO) will be delisted [...]

TRI-STAR HOLDINGS, INC., a publicly traded company currently on the Over the Counter, announced that in addition to its executed letter of commitment to acquire the Blue Jay #12 copper claim in the Limhi Mountains of Idaho, the company has negotiated terms to acquire the nearby Blue Jay #13 and #14 claims. The company is [...]

Thunder Mountain Gold, Inc. announced that Thunder Mountain Resources, Inc., a wholly-owned subsidiary, has completed their first core hole in its planned exploration program at their South Mountain Mine, Owyhee County, Idaho. The hole (DMEA 2) encountered a zone of mineralization from 656 feet to 705 feet with approximately 40 feet of the core [...]