TRINITY MINING HOLDING AG announce that a large 1.5 km by 0.75 km I.P. anomaly, interpreted to be associated with a potential large copper-gold-silver disseminated mineralization, has been detected in a recent geophysical survey conducted on its 600 hectares Manarsa Tres property located in the department of La Libertad in Northern Peru. The anomaly is interpreted to indicate the presence of a body... Read more..
Fronteer Development Group Inc. announced today that it has acquired all of the remaining common shares of Aurora Energy Resources Inc. (”Aurora”) pursuant to a going private transaction involving the amalgamation (the “Amalgamation”) of Aurora and a direct wholly-owned subsidiary of Fronteer. The Amalgamation was approved and adopted at a special meeting of Aurora shareholders... Read more..
Corriente Resources Inc. announces that its Ecuador subsidiary has received an official notice signed by Minister Derlis Palacios Guerrero of the Ministry of Mines and Petroleum in Ecuador which states that the company is authorized to reinitiate its field operations. Additionally, Corriente received its Water Use Concession for general water use at the Mirador camp on February 26, 2009 and will update... Read more..
Franklin Mining, Inc. continues to develop the Escala in a joint-venture with Corporación Minera de Bolivia (COMIBOL) and Cooperativa Minera INTI Ltda. Escala Mina I, located in the Sud Lipez Province, San Pablo Canton, Department of Potosi, Bolivia, was established during the Spanish colonial period. Franklin anticipates having commercial operations underway at the end of March 2009. Bringing the... Read more..
Royal Roads Corp. announce that the Burtons Pond gold property ownership has reverted back 100% to Royal Roads. In December 2004 Buchans River Ltd. entered into a joint venture agreement which would enable Prominex Resource Corp. to earn a 70% interest in the Property by fulfilling certain obligations. Under the terms of the agreement, Prominex was required to make cash payments totaling $35,000,... Read more..
Mengold Resources Inc. has compiled all of the results from a 13-hole 2,212m diamond drilling program on the Goldcreek Property conducted in the fall of 2008 as part of a joint venture between Mengold and Solomon Resources Limited. The drill program targeted the I-Zone in the northwest of the Property and provided an initial investigation of the Centre Zone. The I-Zone, where eight holes were drilled,... Read more..
Zaruma Resources Inc., announced that it has been advised by the Toronto Stock Exchange that the TSX is reviewing the eligibility for continued listing on the TSX of the common shares of the Company. It is the Company’s understanding that the TSX is primarily concerned with the Company’s financial condition. At the moment, the Company’s wholly-owned subsidiary, Minerales Libertad,... Read more..
Canasia Industries Corporation wishes to announce that it has been notified by the operator that the permit for two grids totaling 24 line kilometres has now been received from the Manitoba government. Line cutting and a surface geophysical survey will commence immediately. The survey will consist of 24 line kilometres of horizontal loop electromagnetic survey at 25-metre spacing and a magnetometer... Read more..
Franconia Minerals Corporation report that it has received all funds from the State of Minnesota related to its 2006 loan agreement, providing the Company with a total of US$2.0 million in loans and US$500,000 in the form of a non-repayable grant. According to the original terms of the 2006 loan agreement, the State – through its two economic development entities, Iron Range Resources and the... Read more..
Hot Web Inc. announced that the Company has entered into an option agreement with Sarissa Resources, Inc. to earn up to a 50% interest in the Claims located in the townships of Asquith and Churchill in the Province of Ontario, generally known as the “Shining Tree Property”. The 50% “earn-in” interest will require Hot Web to fund expenditures to begin exploring and drilling the... Read more..