Azteca Updates Drilling at Two Mile Project and New Director Elected at AGM

Matthew Russell, President of Azteca Gold Corp. announces that diamond drill hole DDH-005B, on the Company’s 50%-owned Two Mile Project, was successfully wedged-off of the parent hole DDH-005A at approximately 3960 FT and is now at a depth of 4446 FT. The separation of the two drill holes as measured in plan-view is increasing as [...]

December 22nd, 2008

MetalCORP and Kennecott Sign Agreement on the GUP Project Located 300km West of Thunder Bay, Ontario, CANADA

MetalCORP Limited announce the signing of an option agreement with Kennecott Canada Exploration Inc. , an indirect wholly-owned subsidiary of Rio Tinto plc, a leading international mining group headquartered in London, UK.
Kennecott has the right to earn 51% interest in MetalCORP’s GUP project by making cash payments of $500,000 and incurring exploration expenditures of $6,500,000 [...]

December 22nd, 2008

Fronteer Announces Intention to Acquire Aurora Energy Resources Inc.

Fronteer Development Group Inc. announced that it intends to make an offer to acquire all of the outstanding common shares of Aurora Energy Resources Inc. that it does not already own.
Pursuant to the Offer, Aurora shareholders will receive 0.825 of a Fronteer common share for each Common Share. The Offer represents a premium [...]

December 22nd, 2008

Further High-Grade Gold Intercepts From Treasury Metals Goliath Project

Treasury Metals Inc., a growth orientated gold focused exploration and development company, today announced the results of the final 19 drill holes from its Goliath Gold Project. The 100% owned Goliath Gold Project is located alongside the Trans-Canada Highway near Dryden, Ontario. These drill hole results mark the conclusion of the drill program that started [...]

December 22nd, 2008

Alturas Defines Large Geophysical Targets Beneath Copper-Gold Anomalies at Its Sombrero Project, Peru

Alturas Minerals Corp. report that a recently completed ground geophysical survey has defined large, deeply rooted geophysical anomalies beneath strong copper-gold anomalies at its Sombrero project in southern Peru. The induced polarization anomalies form two circular centers beneath strong copper-gold anomalies and oxidized skarns that were reported previously in a press release dated September 4, [...]

December 19th, 2008

Schuff Steel-Gulf Coast Boosts Steel Fabrication for Two Major Energy Plants

-Schuff Steel-Gulf Coast, Inc. is currently fabricating a total of 25,400 tons of structural steel for a refinery plant in Whiting, Indiana, and a refinery complex in Pascagoula, Mississippi. Schuff Steel-Gulf Coast, Inc. is the largest steel fabricator in the Houston area and specializes in both industrial and commercial steel fabrication. Schuff operates three steel [...]

December 19th, 2008

Cadillac Announces Joint Venture in Spain

Cadillac Ventures Inc. announce that it has signed a joint venture agreement with Minas de Aguas Tenidas, S.A., a wholly owned subsidiary of Iberian Minerals Corp. encompassing 14 properties totalling approximately 232 km(2) within the prolific Iberian Pyrite Belt of southern Spain. Iberian is presently bringing the Aguas Tenidas deposit into production and completing a [...]

December 17th, 2008

Iberian Minerals Corp. Subsidiary Signs Exploration Joint Venture With Cadillac Ventures in Andalusia Region

Iberian Minerals Corp. announces that the Company’s wholly-owned subsidiary, Minas de Aguas Tenidas, S.A. has entered into a joint venture agreement with Cadillac Ventures Inc., a Canadian junior exploration company.
The Agreement relates to 14 properties comprising all or part of 24 Mining Concessions plus 6 Investigation Permits (one at application stage) totalling 231.9 km2 [...]

December 17th, 2008

Rio Tinto Alcan alters role in Ma’aden aluminium project

Rio Tinto Alcan is revising its participation from an equity partner in the integrated aluminum “mine-to-metal” project in Saudi Arabia to the role of working with Saudi Arabian Mining Company (Ma’aden) towards project development through a smelter technology transfer agreement and a cooperation agreement.
“Going forward, our partnership will be one of cooperation rather than one [...]

December 17th, 2008

War Eagle Signs Letter of Intent With SaskPower International Inc. to Sample Fly Ash for Germanium

War Eagle Mining Company Inc. announced today that it has signed a Letter of Intent (LOI) with SaskPower International Inc. and Saskatchewan Power Corporation to sample fly ash from SaskPower Saskatchewan coal-generating plant sites and to test the fly ash for Germanium content.
The terms of the agreement allow War Eagle to extract up to one [...]

December 17th, 2008