Magnus International Resources, Inc. announce that all of the conditions for the completion of the sale of its Huidong project to a Chinese mining group have now been met. The exploration license underlying the property has been renewed by the relevant Chinese authorities and 100% of the ownership interest in the company that possesses the [...]
Uranium Hunter Corporation announce plans to initiate advanced field program on its Kibaale Project in Western Uganda in anticipation of aerial survey results.
Uranium Hunter has been awaiting the release of the overdue geophysical data of the Aerial Survey by the Ugandan government. Immediately on receipt, the data pertaining to uranium will be interpreted and appropriate [...]
Uranium Hunter Corporation announce that it has hired Gary W. Reid as US investor relations counsel. Mr. Reid is based out of South Carolina and has many years of investor relations experience with Public companies. Mr. Reid assists companies with investor relations strategies by introducing them to the investment community at large and building and [...]
Uranium Hunter Corporation announce a Geiger-counter reading of 1253 cps at Ruhuhu Target 4, the highest single reading thus far. The reading, taken as part of the traversing phase of the ongoing advanced field program, was recorded 145 m due east from the base line of the trend anomaly.
This reading serves as the latest mark [...]
Vangold Resources Ltd. have increased their land holdings in the West Nile District of Uganda (Kilo Moto) from 400 square kilometers to 1350 square kilometers. Having recently completed a reconnaissance exploration program in the West Nile, and in result of the recent discovery of Kibalian rock formations, (which are the source rocks for the large [...]
Uranium Hunter Corporation is pleased to announce that the company’s helicopter airborne magnetic and radiometric survey, conducted by New Resolution Geophysics (”NRG”) of South Africa, has concluded. The 1000 line kilometer survey flown over the Ruhuhu Concession, which is considered one of the most promising uranium sites in the world, aimed to delineate uranium [...]
Vangold Resources Ltd. (CDNX:VAN.V) (Other OTC:VNGRF.PK) (”Vangold”), further to a news release of May 21, 2008 announcing the drill program, drilling commenced at the Kafunjo concession on May 25th. Mr. Locke Goldsmith, P.Eng., P.Geo., reports that as of June 1, the drilling was going well and that the first hole, logged to 288 meters, showed [...]
Magnus International Resources, Inc. is pleased to announce the signing of an Earn-In Agreement with Canmin-Gold Limited, a subsidiary of IBI Corporation, on the Ibanda gold exploration property located in southwest Uganda.
Under the terms of the Agreement, Magnus has the right to earn a 5% interest in the property for each $150,000 of expenditures that [...]
The long-awaited National Oil and Gas Policy which has been lying in Cabinet for over a year has finally been approved.
The draft policy which went to Cabinet about two years ago was delayed because of the need for further consultation with all stakeholders, in order to resolve all outstanding issues.
The policy provides for the administration, [...]
UGANDA is endowed with over 50 minerals, ranking it among the countries in Africa with the biggest number of minerals, the assistant commissioner in charge of geology has said.
“Uganda’s metallic and non-metallic minerals are over 50 in number. But there are many unknown minerals whose existence shall be made known after completion of the two [...]
