Urastar Energy Inc. (TSX VENTURE:URS) announces the option to acquire the Jabali Gold Mine Project in Mexico. Jabali is a major gold exploration property, consisting of 70 hectares located in east Sonora in the Sierra Madre Gold Belt.
Iron Mining Group, Inc. (OTCBB:IRNN), a global iron ore mining and investment company, announced that its wholly-owned subsidiary, Chile Inversiones de Minerales, Ltda. has completed the initial acquisition of 50% of the La Serena Iron Sands Mine with which will automatically increase to 70% upon the repayment of $1,040,000 of pre-existing debts through the sales iron ore from the property.
Gold Hawk Resources Inc. (TSX VENTURE:GHK) announces the signing of a contract with Tetra Tech, a U.S.-based company with 330 offices worldwide, for environmental baseline studies and environmental permitting for the Oracle Ridge Copper Mine, located in Pima County, Ariz.
Far West Mining Ltd. (TSX:FWM) has announced the acquisition of 46,000 hectares of prospective ground in the Iron-Oxide-Copper-Gold belt of Chile.
The Treasury Secretary Ken Henry defended the new mining tax before a Senate committee in Canberra that is investigating the new taxes that the Gillard government has planned. This includes the Minerals Resource Rent Tax (MRRT) which has subsequently evolved into a more complex tax to accommodate specific mining industry requests and government needs.
Centerra Gold Inc. (TSX:CG) today has clarified the status of its Mongolian Licenses, in particular, the Company's principal Gatsuurt hardrock mining license which is not on a list of alluvial licenses to be revoked.
Valterra Resource Corporation (CNSX:VTA)(FRANKFURT:3VA) previously reported on June 18, 2009 that Lawrence Page, Q.C. of 1100 – 1199 West Hastings Street, Vancouver, British Columbia V6E 3T5, together with Manex Investments Inc. and Manex Resource Group Inc., companies at the same address as Lawrence Page, Q.C. and over which Lawrence Page, Q.C. exercises control and direction, had acquired shares and units through the facilities of the Canadian National Stock Exchange and through Private Placement purchases, at prices ranging from $0.09 to $0.30 and beneficially owned 3,604,333 common shares representing 13.14% of the outstanding capital of the Company.
Silver Quest Resources Ltd. (TSX VENTURE:SQI) has announced that it has entered into an option agreement to acquire a 100% interest in 316 quartz mineral claims covering approximately 6,400 hectares known as the Rude Creek Property.
Skyline Gold Corporation (TSX VENTURE:SK), a company engaged in the exploration for high-grade gold deposits and development of its Bronson Slope project at the Snip Gold Mine camp in north western British Columbia's 'Golden Triangle', has announced that it has agreed to acquire 8,775 hectares of mineral tenures from St. Andrew Goldfields Ltd. adjacent and near the Company's current tenure holdings in return for total payment of $1,406,000 subject to receipt of regulatory approval.
Solid Gold Resources Corp. (TSX VENTURE:SLD) has reported that diamond drill core samples are being submitted for assay.
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