Wallbridge Mining Company Limited announced that Wallbridge and its joint venture partner major platinum producer Lonmin Plc, have approved C$1.5 million of funding to carry out the 2009 work program on the Wallbridge/Lonmin Sudbury Camp Joint Venture (”SCJV”) properties. The funding provides... Read more..
Apollo Gold Corporation provide an update on the financing of and status of project development related to its 100% owned Black Fox Project located near Timmins, Ontario, Canada. Financing In May 2008 Apollo retained Macquarie Bank Ltd. (“Macquarie”) and RMB Resources Inc. (“RMB”) as joint arrangers... Read more..
Arctic Oil & Gas Corp., a resources exploration company, is pleased to announce the Company has set up a new division to pursue precious metals resource opportunities. The Company’s management has many years experience in exploring for and developing gold mines. Management believes that by... Read more..
Mexoro Minerals Ltd. Signs Letter Of Intent For Project Financing With Minera Rio Tinto For $9 Million For Its Cieneguita Project. Mexoro Minerals is pleased to announce that it has signed a letter of intent with Minera Rio Tinto to provide immediate funding to the Company to initiate production at its... Read more..
RiverRun Resources Inc. announces the execution of a services contract with Logistica y Servicios Aluviales San Lorenzo SAC to develop the company’s 79 km2 of mining properties in the Gold Sands district of northeastern Peru. The company has the option to acquire up to 100% of the mineral rights... Read more..
Central Sun Mining Inc. provide the final results from its successful 2008 exploration program at the Limon and Orosi Mine areas and the Mestiza-La India project in Nicaragua. “The 2008 exploration program has been very successful; we have achieved our objectives of outlining new gold zones that... Read more..
Pacific Gold Corp. announced that it has received consent from Yorkville Advisors (formerly Cornell Capital Partners) to release 20% of the shares of its wholly owned subsidiary Oregon Gold, Inc. to enable them to be distributed to the shareholders of Pacific Gold Corp. Pacific Gold will distribute 20%... 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..
RiverRun Resources Inc. announces that the company has entered into a Mineral Right Option Agreement in Peru, South America. RiverRun President, Mr. Jose Lenzi stated, “We are extremely optimistic about the opportunity we have now in front of us to be part of the development of the promising new... Read more..
Southern Hemisphere Mining announce that the company has identified a manganese opportunity located 170 km inland from the Port of Arica, Northern Chile. The company believes that this opportunity has the potential to be a significant manganese resource. Los Pumas Project – Background This manganese... Read more..