Archive for 2009

VVC EXPLORATION update

VVC EXPLORATION CORPORATION (TSX VENTURE:VVC)(FRANKFURT:V7S)(BERLIN:V7S) announced that Canadian Antimony Mine Inc. recently closed a transaction whereby all the shares of Beaver Brook Antimony Mines Inc. were sold to a third party. The press release is quoted as saying: VVC Exploration Corporation is a Canadian exploration company with projects in Mexico and Canada. This includes a [...]

Stans Energy acquires mining licence for Kutessay II

Stans Energy Corp. (TSX VENTURE:RUU) announced that the company has acquired a mining licence for the former producing Rare Earth Elements (REEs) mine, Kutessay II, in Kyrgyzstan. The press release is quoted as saying: Stans Energy Corp. has commenced a feasibility study on restarting production at Kutessay II. A NI 43-101 report will be done [...]

Canadian Zinc acquires shares of Zazu Metals

Canadian Zinc Corporation (TSX:CZN)(OTCBB:CZICF) reported that the company has acquired 3.4 million shares of Zazu Metals Corporation representing approximately 11.1% Zazu’s outstanding shares, for a consideration of $650,000. The press release is quoted as saying: The Company’s principal focus is its efforts to advance the Prairie Creek Mine, a zinc/lead/silver property located in the Northwest [...]

International Millennium update

International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) reported that, encouraging response to the Company’s private placement, initially announced December 9, 2009, has resulted in the placement being over subscribed by 2,217,237 units. The press release is quoted as saying: International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known small mine [...]

Zinccorp Resources updates on Michelle Project

Zinccorp Resources Inc (TSX VENTURE:ZN) today reported that the company has completed a second 2009 work program at the Michelle Project in north-central Yukon Territory. The press release is quoted as saying: The Company had a zinc/lead/silver discovery on the Michelle Property, one of its four highly prospective properties in Yukon, Canada in 2007 which [...]

Valterra Announces Private Placement

Valterra Resource Corporation (CNSX:VTA)(FRANKFURT:3VA) reported today that the conmpany proposes a private placement led by MineralFields Group. The press release is quoted as saying: Valterra is a Manex Resource Group Company with a primary focus on exploration of mineral properties in the Kootenay Region of British Columbia where it controls approximately 9,005 hectares. The Star [...]

Soltoro issues incentive stock options

Soltoro Ltd.(TSX VENTURE:SOL) granted 550,000 incentive stock options to a director, an officer and an employee of the Company. The press release is quoted as saying: Soltoro is a junior exploration company exploring for bulk tonnage gold, silver and copper deposits in Mexico. The Company is conducting a resource definition drill program on its El [...]

Excellon Resources reports results from Platosa Mine

Excellon Resources Inc. (TSX:EXN) announced that the Indicated Mineral Resource at its 100%-owned Platosa Mine is 579,000 tonnes as at October 31, 2009. The press release is quoted as saying: Excellon, a mineral resource company operating in Durango and Zacatecas States, Mexico, is committed to building value through production, expansion and discovery. Excellon is producing [...]

Galore Expands Dos Santos Claims

Galore Resources Inc. (TSX VENTURE:GRI) announced the expansion of its Dos Santos property in northern Zacatecas State, Mexico. The press release is quoted as saying: Three new claims acquired by staking have increased the Dos Santos property by 720 hectares and it now covers 14,806 hectares. The expanded property extends for 25 km in a [...]

Aurcana Closes Rosario Project Sale

Aurcana Corporation (TSX VENTURE:AUN), subsequent to its announcements on May 25, 2009 and October 14, 2009, annnounced that Aurcana Corporation and Silvermex Resources Ltd. have completed the sale of the Rosario exploration and development project located in Sinaloa, State, Mexico to Silvermex through the sale of the shares in its 100% owned subsidiary Aurcana de [...]