Pacific North West Capital and Benton Resources reports drill results from the Swayze Greenstone belt, Timmins, Ontario.
Drilling targeted gold mineralization that was first discovered by prospectors J. Hussey and A. Aube in 1997 and has not seen any exploration activity until the Swayze JV optioned the Heenan claim block in late 2007.
For full details of this press release, click [...]
Homeland Energy reports it intends to issue GMR Energy, shares at a price of about C$0.455/share.
On Nov 5, 2008, Homeland Energy announced that GMR of India had elected not to exercise the third of three options to purchase 40% of Homeland Mining & Energy, South Africa for US$135 million. Homeland also announced its intent to repurchase GMR’s current 10% [...]
Bayswater Uranium reports that it has closed its non-brokered private placement.
The gross proceeds raised from the issuance of the FT Units will be used for general exploration expenditures, which will constitute Canadian exploration expenses (as defined in the Income Tax Act) and will be renounced for the 2008 taxation year. The funds will be used to [...]
Solex Resources reports the complete drill results from their uranium target at Macusani East Project, Peru.
The Macusani East Project is joint-ventured with Eldorado and contains 53 known uranium anomalies across 43,320 hectares.
Jonathan Challis, President & CEO of Solex Resources states:
“The results demonstrate continuity of mineralisation over a wide area and therefore positions the Sayana Central anomaly as [...]
JNR Resources Inc. reports its results and discovery of widespread outcrops of uranium mineralization on its Way Lake uranium project.
The Fraser Lakes uranium showings (Fraser Lakes A and B zones) were identified by ground prospecting of airborne geophysical targets in the southern half of the Way Lake property, some five kilometres east of the Walker Lake conductive trend. [...]
Uranium One Inc. reports its operational and financial results for the third quarter of 2008.
The financial statements, as well as the accompanying management’s discussion and analysis, are available for review at www.uranium1.com and should be read in conjunction with this news release.
President and CEO of Uranium One, Jean Nortier, comments:
“Uranium One has responded to the current challenging [...]
GLR Resources Inc. reports its termination of John Orr, P.Eng. as Chief Operating Officer of GLR effective on November 13, 2008.
GLR is a Canadian based junior mining and exploration company with projects in Ontario, Quebec and Saskatchewan. The most advanced asset is the Goldfields Project, which is located near Uranium City in Northern Saskatchewan.
For full details [...]
Bayswater Uranium reports entering an option agreement with Coltstar Ventures with its gold mineral properties located in Italy.
The acquisition of the option contemplated by the Agreement will constitute Coltstar’s “Qualifying Transaction” as such term is defined in TSX-V Policy 2.4, and upon completion, will result in the listing of Coltstar as a Tier 2 Resource Issuer.
For complete [...]
Bayswater Uranium & Commander Resources report an agreement with Global Gold Uranium to sell a royalty in their Cochrane Pond uranium property, Newfoundland.
Under the agreement, the Companies will provide Global Gold Uranium a 1% royalty on sales of uranium products extracted from the Property until the aggregate royalty payments to Global Gold Uranium reach CDN $1,000,000, after which the royalty will be 0.5% [...]
Ur-Energy Inc. will webcast on November 13, 2008 at 11:00 a.m. Eastern Time to discuss activities that have taken place during the third quarter 2008 and current activities as well as future plans and goals.
Those wishing to attend by phone can do so by calling:
Dial In Number [...]
Wednesday, November 19, 2008
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