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... Read more..

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Northern Gold Mining Inc. Signs Letter of Intent With ValGold Resources Ltd.

Martin Shefsky, President and CEO of Northern Gold Mining Inc., reports that the company has entered into a letter of Intent with ValGold Resources Ltd. The agreement covers the Garrison gold property, consisting of thirty-five patented claims in Garrison Township, approximately 40 kilometres north of... Read more..

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Mexoro Minerals Signs Letter of Intent for Project Financing of $9 Million for Its Cieneguita Project

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..

Apex Silver Announces Letter of Intent for Sale of San Cristobal Mine to Sumitomo

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..

Network signs letter of intent for gold-silver property in Peru

Network Exploration Ltd. announce that it has signed a letter of intent (”LOI”) to option Huevos Rojos, a gold and silver prospect in Peru’s southeastern Ayacucho department. The Huevos Rojos property is located approximately 100km east of Nazca and covers 1300 hectares. The property... Read more..

General Steel Holdings, Inc. Announces Letter of Intent to Acquire Yantai Steel Pipe Co., Ltd.

General Steel Holdings, Inc., one of China’s leading non-state owned steel products producers, announced today it has signed a Letter of Intent to acquire 80% of Yantai Steel Pipe Co., Ltd. of Laiwu Iron & Steel Group (”Yantai Steel Pipe”). Upon completion of the proposed acquisition,... Read more..

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Scorpio Gold Corporation signs letter of intent with Cincoro Capital Corp. for qualifying transaction

Scorpio Mining Corporation is pleased to announce that Scorpio Gold Corporation (”Scorpio Gold”) a 93.5% owned private subsidiary of Scorpio Mining, which holds certain gold assets in Nova Scotia and Quebec, has signed a Letter of Intent (”LOI”) with Cincoro Gold Corp. (”Cincoro”,... Read more..

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Nirek Signs a Letter of Intent to Acquire 45% of a Gold Producing Property in Peru

Nirek Resources Inc. is pleased to announce it has signed a Letter of Intent to become a joint venture partner with a 45% working interest in the AMR Project Peru S.A.C. The AMR Project Peru is 500 leased hectares in the district of Ayapata, in the province of Carabaya in the department of Puno, Peru.... Read more..

Radisson Mining Extends Due Diligence Period Under Its Letter of Intent With Aurizon Mines

On April 14, 2008, Radisson Mining Resources Inc. (CDNX:RDS.V) announced that it had entered into a Letter of Intent (”LOI”) with Aurizon Mines Ltd. (Toronto:ARZ.TO)(AMEX:AZK) which would permit Aurizon to effect its due diligence over a period of 60 days on the O’Brien/Kewagama Property... Read more..

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... Read more..

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