Ecuador Gold and Copper Corp. (TSXV: EGX), formerly Enterprise Capital Corporation, is pleased to announce that it completed its previously announced reverse takeover transaction by Ecuador Capital Corp. on July 10, 2012 constituting the qualifying transaction of the Company pursuant to the policies of the TSX Venture Exchange.
Focus Ventures Ltd. (TSXV: FCV) is pleased to announce the acquisition of the Aurora porphyry copper-molybdenum property located in the Department of Cusco, Peru. The property is located between 2,600 - 2,900m above sea level on the northeastern margin of the Yauri-Andahuaylas porphyry belt, host to several important copper and copper-gold deposits including Las Bambas, Huaquira, Constancia, Tintaya and Antapaccay mines.
Brazil Resources Inc. (TSXV: BRI) (OTCQX: BRIZF) is pleased to announce that it has entered into a definitive share purchase agreement with Luna Gold Corp. to acquire all of the issued and outstanding shares of Luna Gold (International) Corp., a wholly-owned subsidiary of Luna, which owns an indirect 100% interest in the Cachoeira gold project in Pará State, Brazil.
Alexandria Minerals Corporation (TSX-V: AZX) (Frankfurt: A9D) (US: ALXDF) reported today on follow-up drill results from the newly-discovered near-surface western gold zone on its 100% owned Akasaba project in Val d'Or. Drill holes IAX-12-200 and IAX-12-201 intersected 1.18 g/t Au over 118.80 m and 0.70 g/t Au over 144.90 m, respectively, 100 m below previously announced holes.
White Mountain Titanium Corporation (OTC Bulletin Board: WMTM) reports that further to the News Release of May 31, 2012, the Company has now received initial analytical results from a surface rock sampling program carried out on three new rutile target areas and one of four known prospects. Samples were submitted for whole rock analysis using XRF and results are set out below.
Treaty Energy Corporation (OTCQB: TECO), a growth-oriented international energy company, today announced an update on progress on the San Juan #2 Well in Belize.
Santa Fe Gold Corporation (OTCBB: SFEG) is pleased to report that preliminary results for its fiscal year ended June 30, 2012 indicate that sales increased over 80% as compared to sales in fiscal 2011. The results reflect record production at the Summit silver-gold mine in southwest New Mexico. The company reported recently that the Summit mine had successfully completed ramp up to the targeted production rate of 10,000 tons per month. Revenues are expected to continue to increase substantially over the next several quarters as the mine reaches higher grade portions of the ore body.
The Organization of the Petroleum Exporting Countries' (OPEC) crude output dipped by 30,000 barrels per day (b/d) to 31.72 million b/d in June from 31.75 million b/d in May, reversing most of the 40,000-b/d increment of the previous month, a Platts survey of OPEC and oil industry officials and analysts showed July 9.
Patriot Coal Corporation, a producer and marketer of coal products in the eastern United States, today announced that the Bankruptcy Court for the Southern District of New York granted Patriot interim approval of its $802 million Debtor-in-Possession financing ("DIP") from Citigroup Global Markets Inc., Barclays Bank PLC, and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint lead arrangers, and granted Patriot interim authorization to access immediately $677 million of the DIP financing.
Colombia Energy Resources, Inc. (OTCBB: CERX), a metallurgical coal exploration and production company operating in the Republic of Colombia, has begun making shipments from its Ruku mining complex after temporarily halting production earlier this year to make repairs and safety upgrades and to improve security at the site.
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