Avalon Ventures Ltd.: Summer Drilling Program Produces Best Results to Date From Lake Zone REE Deposit, Thor Lake, NWT

Avalon Ventures Ltd. announce assay results from the final 31 holes drilled in July, August and September, 2008 on the Lake Zone Rare Earth Element (”REE”) deposit on its 100% owned Thor Lake Rare Metals project located near Yellowknife, NWT. These holes were designed to define the southern, eastern and western margins of the [...]

December 23rd, 2008

Exploration Orbite V.S.P.A. Inc.: Private Placement of a Maximum of $200,000

Exploration Orbite V.S.P.A. Inc. wishes to annouce that it is proceeding with a private placement of a maximum of 20 units at $10,000 per unit. That private placement is addressed to “qualified investors” only.
Each unit is made up of 56,250 class “A” flow-through shares at $0.16 each; and 6,250 non-flow through shares at $0.16 each.
The [...]

December 23rd, 2008

GoldQuest Reports Drill Results From New Gold Zone at Las Animas

GoldQuest Mining Corp. report drill results from ten holes completed on its 100% owned Las Animas project located in the central Dominican Republic. The Las Animas project is excluded from the Gold Fields Option Agreement.
The drill results of the last ten diamond drill holes totalling 1,879 meters of the Phase 3 drill programme at Las [...]

December 23rd, 2008

A Worthless Dollar in 2009 Predicts Expert Kevin DeMeritt, President of Lear Capital

In 2009, investors can look forward to a worthless dollar, according to Kevin DeMeritt, president of Lear Capital.
The Fed is going to print more and more money while spending trillions on stimulus packages. Interest rates are at their lowest in history. This will all add up to a worthless dollar with negative long-term effects on [...]

December 23rd, 2008

Alcoa and ORKLA ASA Agree to Exchange Equity Stakes

Alcoa announced it has agreed with ORKLA ASA to exchange their stakes in a Norwegian smelting partnership and a Swedish extrusion joint venture in order to focus on their respective areas of expertise and best practices. Alcoa will receive Orkla’s 50 percent stake in Elkem Aluminum ANS while Orkla will receive Alcoa’s 45 percent stake [...]

December 23rd, 2008

PolyMet Receives Draft EIS From Department of Natural Resources

PolyMet Mining Corp. announced that it has received the draft Environmental Impact Statement (”EIS”) assessing the Company’s proposed mine development project located in the established mining district of the Mesabi Iron Range in northeastern Minnesota. PolyMet controls 100% of the NorthMet copper-nickel-precious metals ore body and owns the nearby Erie Plant.
The draft EIS was prepared [...]

December 22nd, 2008

MMX Wins Private Bidding Process for CSN Port Services

MMX Mineração e Metálicos S.A. announces to its shareholders and the market that it has won the private bidding process promoted by Companhia Siderúrgica Nacional for port services to be provided by Terminal de Carga do Porto de Itaguaí, in Itaguaí Municipality, Rio de Janeiro State, which will be fully dedicated to ship iron [...]

December 22nd, 2008

Shoreham Farms Out Black Banana Gold Project in Guyana

Shoreham Resources Ltd., a Canadian based exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in South America and Canada, is pleased to announce that the company has signed a Letter of Intent (”LOI”) with Mulgravian Ventures Corporation (a privately held company) whereby Mulgravian may acquire a 60% working interest in [...]

December 22nd, 2008

Sampling from Douglas Lake’s Mbwemkuru project confirms gold and platinum content

Harp Sangha, President/CEO of Douglas Lake Minerals announce the results from the analytical assessment of 5.1 kg of heavy mineral concentrates recovered from 127 samples of gold bearing alluvial material totaling 19.2 tonnes from the Company’s wholly owned Mbwemkuru Alluvial Gold Project located in the Lindi region in Southeastern Tanzania.
The objective of this [...]

December 22nd, 2008

Beeston Delays Exploration on Ruth Lake Property

Beeston Enterprises Ltd. announces that is has delayed its 2008 exploration program planned for the Ruth Lake property near 100 Mile House, British Columbia, Canada into 2009. The property is favourably situated along the Quesnel Trough, a renowned geologic belt that hosts numerous base and precious metal deposits along with current and formerly producing mines. [...]

December 22nd, 2008