High Desert Gold Corporation announced that Wellington West Capital Markets Inc. has been engaged as financial advisor to assist the special committee of the board of directors of the Company in considering the unsolicited take-over bid by Northern Financial Corporation (”Northern”) and to... Read more..
Peter Mordaunt, Chairman and CEO of Stingray Copper Inc. report that M3 Engineering and Technology Corporation (”M3″) of Tucson, Arizona has been engaged to complete the El Pilar oxide copper project “Feasibility Study” as scheduled for the end of Q1 2009. Stingray’s scope... Read more..
Tournigan Energy Ltd. has arranged to sell its wholly-owned subsidiaries Dalradian Gold Limited (”Dalradian”) and Tournigan USA Inc. (”TVC-USA”). Tournigan has signed a letter agreement with C3 Resources Inc. (”C3″) whereby C3 will acquire Dalradian for C$13 million... Read more..
Freeport-McMoRan Copper & Gold Inc. declares the following quarterly cash dividends payable on November 1, 2008 to holders of record as of October 15, 2008: * $0.50 per share of FCX’s Common Stock (NYSE: FCX). * $1.6875 per share of FCX’s 6¾% Mandatory Convertible Preferred Stock (NYSE:... Read more..
Ventura Gold Corp. has completed a third round of core drilling on the Angela vein at the Inmaculada project in Southern Peru and continues to realize positive results in vein width, continuity and grade. The Angela vein has now been confirmed along a strike length of more than 800 meters (”m”),... Read more..
Hunt Gold Corporation confirms that is commencing further exploration work on its Mockingbird Gold Mine, in early September of 2008. – Immediate further exploration work to identify drill sites – Actual Drilling to commence by January of 2009 – Intention is to substantially increase... Read more..
Searchlight Minerals Corp. provide investors with the following update on the development and construction activities at its Clarkdale Slag Project in Clarkdale, Arizona. Searchlight Minerals today announced that on August 8, 2008, the Town of Clarkdale, Arizona issued a Certificate of Occupancy for... Read more..
Sage Gold Inc is pleased to provide an update on its exploration activities in the Beardmore – Geraldton Gold Camp (BGGC) in Ontario. The BGGC near Thunder Bay in northern Ontario has historically produced over four million ounces of gold. Sage is one of the most active exploration companies in... Read more..
Brownstone Resources Inc. is pleased to announce that the company has approved the proposal for the “Phase One” development plan for the companies jointly owned “LS Grande” gold/silver/copper property located in NE Arizona. Based on the current and historical information provided... Read more..
Tombstone Exploration Corporation provided a progress report on Drill Hole TEMC 101. TEMC 101 is designed to intercept two of the major producing structures in the mining district, the Bonanza and Santa Ana veins. The Target Zone is estimated at 800′ and the hole is planned to reach 1,100′.... Read more..