SOURCE EXPLORATION CORP. announce that it has closed a transaction with Sterling Mining Company and its Mexican subsidiary, Sterling Mining de Mexico S.A. de C.V., to purchase Sterling’s remaining interest in the San Acacio silver property in Zacatecas, Mexico and renounce the Earn-In Agreement between the parties.
The TSX Venture Exchange previously accepted for expedited [...]

Mineralogy Pty Ltd. announced that it is amending its offer to acquire all of the common shares of Waratah Coal Inc. by increasing the offer price to $1.60 per share and extending the offer to remain open for acceptance until 11:59 p.m. (local time) on December 15, 2008, among other things.
Mineralogy also announced that [...]

Stans Energy Corp., announce the completion of the amalgamation of JM Capital Corp. and its wholly-owned subsidiary, as described in the press release of JM Capital Corp. dated November 26, 2008 and the filing statement of JM Capital Corp. dated November 7, 2008. The name of the amalgamated corporation is “Stans Energy Corp.” The Company [...]

Focus Ventures Ltd. announce that it has arranged, subject to acceptance by the NEX Board of the TSX Venture Exchange, a non-brokered private placement of up to $500,000 by way of the issuance of up to 3,333,333 units at a price of $0.15 per unit, and the settlement of certain of its debt by the [...]

Midway Gold Corp. reports the two vacancies on the board of directors have been filled by the appointment of Daniel Wolfus and Frank Yu as directors. It is with regret that we report that Brian Bayley has resigned as a director, and the board and management of the Company sincerely thank him for his guidance, [...]

Cantex Mine Development Corp. announce that Vale International SA, a wholly-owned subsidiary of Companhia Vale do Rio Doce, has signed a letter agreement for the Company’s Suwar, Wadi Qutabah nickel, copper, cobalt and platinum group element projects in Yemen.
Vale’s minimum exploration commitment under the agreement is US $2 million to be spent prior to August [...]

Saxon Oil Company Ltd. has received a new field designation from New Mexico regulatory authorities for its Eumont State No. 1 oil discovery in Lea County, New Mexico. New Mexico designated the Eumont well as the discovery well in the Urssey Tank: Yates-Seven Rivers Pool. Special pool rules are in effect from the date of [...]

Kalimantan Gold Corporation Limited has signed an Option Agreement with PT Indobara Pratama to bring the coal deposit on IBP’s 100%-owned coal KP into production and acquire up to an 80% interest in IBP. The project is permitted for production and the potential to be an open cut coal deposit. The work done on [...]

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 [...]

Millrock Resources Inc., announce results of sampling at its Estelle gold property 160 km northwest of Anchorage, Alaska in the Rainy Pass district. The Company is targeting bulk tonnage intrusive-related gold deposits at this location.
Geological signs of a large-scale disseminated, porphyry-style gold deposit were documented during surveys carried out in August. The indicators include hydrothermal [...]