moly

Results 1 - 10 of about 14 news for the tag: moly.

Radisson Mining Confirms Issuance of Shares for Debt

July 19th, 2008

Radisson Mining Resources Inc., announces the issuance of 238,806 Class A Shares at $0.335 per share in settlement of debt obligations owed to Dale M. Hendrick of $80,000 following the receipt of a final letter of approval by the TSX Venture Exchange (the “TSXV”). These obligations were incurred under a technical consulting arrangement with Mr. [...]

Oriental Minerals Amends Acquisition of Sangdong; Arranges Interim Loan Financing

July 19th, 2008

Oriental Minerals Inc. is pleased to announce it has amended payment terms for the acquisition of the Sangdong tungsten-molybdenum project in South Korea. The Company has also secured a $3 million interim loan financing from Longview Capital Partners, its largest shareholder.
Payment terms for the current installment due for the Sangdong acquisition have been amended to [...]

U.S. Energy Corp. Announces the Spudding of Its First Well With PetroQuest Energy, L.L.C.

July 16th, 2008

U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, uranium, oil and gas, gold, and real estate, today announced that PetroQuest Energy L.L.C. (”PetroQuest”) (PQ) has spudded the Bluffs Prospect in Louisiana.
U.S. Energy Corp. is participating in this well as a 20% working interest partner with PetroQuest. This initial well [...]

Drilling begins at Ravin Molybdenum/Tungsten Property in Nevada

July 11th, 2008

MAX Resource Corp. is pleased to announce that drilling has begun at its Ravin molybdenum/tungsten property in Lander County, Nevada. The Ravin property is comprised of 162 claims located 20 miles north of the town of Austin in Central Nevada and approximately 50 miles west of General Moly, Inc.’s (AMEX & TSX: GMO) Mount Hope [...]

Oriental Granted Additional Uranium Exploration Licenses in South Korea

July 9th, 2008

Oriental Minerals Inc. is pleased to announce the grant of three uranium exploration and mining licenses known as Daejeon 80 (Reg. No. 77073), Geumsan 81 (Reg. No. 77072) and Goisan 116 (Reg. No. 77074) in the Ogcheon region of South Korea.
These are the second set of uranium licenses granted to a foreign company in South [...]

Liberty Star and Mayo Gold Joint Venture on Sonora Gold Property

June 11th, 2008

Liberty Star Uranium & Metals Corp. (the “Company”)(OTCBB:LBSU) is pleased to announce that the CEO/President of the Company, James A. Briscoe, and the CEO/President of Mayo Gold Explorations Ltd. (“Mayo Gold”), Pedro Villagran Garcia, have signed a Letter of Intent to joint venture the El Papago Project (“El Papago”) in Sonora, Mexico and the Tombstone [...]

IC2 Global Provides Nigerian Molybdenum Project Update

June 9th, 2008

IC2 Global reported that with regards to the signing of a Letter of Intent with Katumba Minerals which allowed IC2 to commence due diligence on a Molybdenum Project in Nigeria, a key part of the due diligence process was for an independent and suitably qualified consultant to visit the site and review the previous research [...]

Radisson Mining Relinquishes RM Nickel Property and Announces Positive Results of Massicotte Airborne Survey

June 1st, 2008

Radisson Mining announced it had entered into a Conditional Sale/Purchase Agreement for the purchase of 48 mining claims located in the township of Beauchastel in the Province of Quebec. This property was identified as the RM Nickel Property. Results of metallurgical tests recently received from SGS Lakefield Research Limited of samples generated from Radisson’s drill [...]

Mengold Closes $500,000 Private Placement With MineralFields

May 31st, 2008

Mengold Resources Inc. has closed a private placement through the sale of 2,000,000 units at a price of $0.25 per Unit, for gross proceeds of $500,000.
Each Unit consists of one flow-through common share and one transferable share warrant (each share purchase warrant a “Warrant” and collectively, the “Warrants”). Each Warrant entitles its holder thereof to [...]

Cadillac Mining Acquires Herd Dome Copper Prospect In British Columbia

May 29th, 2008

Cadillac Mining Corporation announces that it has entered into an option agreement with the Estate of Frank Onucki to acquire 567 hectares of mineral claims comprising the Herd Dome copper property. Located in the Omineca Mining Division of west central British Columbia, the prospect is situated 70 kilometers southwest of Houston, BC in a region [...]