Apex Silver Mines Limited announced that it has entered into a non-binding letter of intent with Sumitomo Corporation providing for the sale of Apex Silver’s interest in the San Cristóbal mine to Sumitomo for a cash purchase price of $22.5 million. Apex Silver would continue to manage the mine... Read more..
General Metals Corporation announce it has completed its 2007- 2008 Phase 1 drilling program at its Independence Gold and Silver Mining Project in Battle Mountain, Nevada. The Independence is situated directly adjacent to the massive Phoenix Project, which is the largest operating gold mine in the US.... Read more..
Maya Gold & Silver Inc. announce Guy Goulet nomination as President of the company. In 1986, Guy Goulet graduated with an engineering degree in geology from l’Ecole Polytechnique de Montreal. Mr. Goulet has sat on several boards of directors for both public and private companies over the past... Read more..
DUMONT NICKEL INC. announce that a NI-43-101 compliant Technical Report for its 100% held Alberta SBH polymetallic black shale Property has been filed on www.SEDAR.com. The Report is also available from DUMONT’s website. DUMONT concluded acquisition of the Property in July, 2008, and has not... Read more..
Pinnacle Mines and Mountain Boy Minerals Ltd. are pleased to announce that the 2008 drill program at the Silver Coin gold property near Stewart, BC has produced exceptional results with more on the way. A total of 88 holes were drilled on the property this year and assays have been received for 60 holes... Read more..
Hidalgo Mining International (Other OTC:HMIT.PK – News), an innovative mining company headquartered in Port Washington, N.Y., announced that it has signed a Letter of Intent with North Bay Resources Inc. to enter into a joint venture for the development of North Bay’s Silver Leaf Property.... Read more..
Aura Silver Resources Inc. announce results of a field program undertaken in August on the Greyhound Lake project in Nunavut. Samples collected during the field work contained up to 4.1% copper (Cu), 13.4% zinc (Zn), 8% lead (Pb), 2800 grams per tonne (g/t) silver (Ag) and 28g/t gold (Au). The mineralization... Read more..
U.S. Silver Corporation announce that Thomas Parker will become the Company’s interim Chief Executive Officer (”CEO”) effective immediately. Mr. Bruce Reid, the former CEO, will remain as a consultant to the Company. Mr. Reid was instrumental in the creation of U.S. Silver in 2006... Read more..
Silver Falcon Mining, Inc. announced that the Company continues to move aggressively with its 3-stage transportation of the “Belle Peck” tailing piles. A fleet of 30-ton articulated trucks, load and transport the ore to a staging area on the bottom of War Eagle Mountain. Next, regular “off... Read more..
Strait Gold provide a corporate update and review of its recently completed 2008 exploration activities in Peru. The Company currently has 23.0 million shares issued and outstanding (25.6 million fully diluted), approximately $1.4 million in working capital, current liabilities of less than $70,000 and... Read more..