minerals – News

minerals – News

Strike Minerals Inc. wishes to announce that further to its press release dated June 20, 2011, the terms of the private placement have been revised to amend the Offering. Subject to regulatory approval, Strike proposes to complete, a non-brokered private placement of up to $1,000,000 consisting of up to $700,000 in Flow-Through Units (“FT Units”) and up to $300,000 in Non Flow-Through Units… 

Aura Minerals Awards Feasibility Study on Serrote Deposit to SNC-Lavalin Inc.

Aura Minerals Inc. announce that SNC-Lavalin Inc. and its Brazilian subsidiary, SNC-Lavalin Minerconsult Engenharia Ltda., have been awarded the definitive feasibility study on the advanced-stage Serrote da Laje deposit (“Serrote Deposit”) at its wholly-owned copper-gold-iron ore Arapiraca Project in Alagoas State, Brazil. The feasibility study is underway and is scheduled for completion… 

World Wide Comments on Kazakhstan Arbitration

World Wide Minerals Ltd. today commented on current developments in its long-running arbitration with Kazakhstan involving its investments in that country in 1996 – 1997. The issues in the arbitration relate to default by Kazakhstan in repaying loans made to Kazakhstan in 1996-1997 as well as losses suffered by World Wide in Kazakhstan and the net value of uranium deposits and related assets… 

Approved Name Change-Hawthorne Gold Corp. to Become China Minerals Mining Corporation

China Minerals Mining Corporation, The Company is very pleased to announce that effective at the opening April 5, 2011 Hawthorne Gold Corp. will officially be re-named China Minerals Mining Corporation. Shares for the Company will now trade under the TSX-V ticker symbol “CMV”. The Company previously traded under the symbol “HGC”. The Company is also very pleased to welcome Mr…. 

Aura Minerals Announces CEO to Step Down

Minerals Inc. today announced that Patrick Downey, President & Chief Executive Officer, will be leaving the Company. Mr. Downey stated, “The Board of Directors and I have agreed that this would be an appropriate time for me to step down as President and CEO of the Company. I am proud to have led Aura Minerals through its transition from a junior exploration Company to an established operating… 

Wealth Commences Discovery Drilling Campaign on Its Bororo Nuevo Uranium Property, San Jorge Basin, Argentina

Wednesday, March 23rd 2011

Wealth Minerals Ltd., is pleased to announce that diamond drilling has commenced on the Company’s 100% owned Bororo Nuevo property (“BN”) located in Chubut Province, Argentina. The diamond drill program now underway at BN will consist of a minimum of 30 holes (approximately 2,000 metres) targeting on- and near-surface uranium mineralization at several high-priority target zones –… 

Confederation Minerals Ltd. Sets Stock Options

Saturday, February 26th 2011

Confederation Minerals Ltd. reports that it has granted incentive stock options, exercisable to purchase up to an aggregate of 250,000 shares of the Company, to a director of the Company. The options are all exercisable at the price of $0.69 per share until February 25, 2016, subject to any earlier termination in accordance with their terms.  Read More →

Yankee Hat Confirms Extention of Gold Mineralization and Intersects 6.47 g/t Gold Over 2.43 Meters at the Fran Property

Tuesday, February 8th 2011

Yankee Hat Minerals Ltd. is pleased to provide an update on its drill program at the Fran Property, located in central BC. All eight planned holes have been drilled, with the Company receiving assays for the first three holes confirming the extensions of the known gold zones at depth. The holes completed at the Fran Property are the first new holes drilled since 2007, and the assay results confirm… 

Indicator Minerals Grants 2,100,000 Stock Options

Saturday, January 15th 2011

Indicator Minerals Inc. announced today that the Board of Directors has granted an aggregate of 2,100,000 stock options under the Company’s Stock Option Plan, subject to regulatory approval. The options are exercisable at a price of $0.18 per common share and expire on January 12, 2016. Directors and officers of the Company were allocated 1,040,000 of these options. Neither the TSX Venture Exchange… 

Southridge Minerals Secures $5,000,000 Financing to Fund the Cinco Minas Gold Property in Mexico

Wednesday, December 15th 2010

Southridge Enterprises Inc. announce that Southridge Minerals, Inc., its wholly owned subsidiary today has executed an agreement with Quixstone Investments, Inc. (“QII”), providing for a $5,000,000 financing. This financing is in the form of a convertible debenture with terms stipulating an interest rate of 9.4% and a loan repayment term of 36 months from the date of execution of the agreement,… 

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