Archive for February, 2010

Unico, Inc. Issues February 2010 Shareholder Newsletter

Unico, Incorporated (OTCBB: UNCO) reported that the company has issued its February 2010 shareholder newsletter, which highlights the formation of several new Board committees and approval of the settlement of a derivative action involving the company. The press release is quoted as saying: Unico, Inc. (OTCBB: UNCO) is a publicly traded natural resource company in [...]

Christopher James Gold:signs Sinter Epithermal Agreement

Christopher James Gold Corp. (TSX VENTURE:CJG) reported that the company has signed an exploration earn-in agreement with AuEx Ventures Inc. (TSX:XAU) on the Sinter epithermal gold project in Nevada. The press release is quoted as saying: Christopher James Gold Corp. continues to actively pursue exploration opportunities in the USA, and Mexico. The company plans to [...]

Tara Minerals:Production Decision From San Felipe Project

Tara Minerals Corp. (OTCBB: TARM) (BERLIN:6T3), a subsidiary of Tara Gold Resources Corp. (PINKSHEETS: TRGD) (FRANKFURT: T8N), reported the decision to advance the San Felipe Gold & Silver structure into production. The press release is quoted as saying: Tara Minerals Corp. is generating cash from the sale of Silver, Zinc, and Lead concentrate from its [...]

Premium Exploration’s update

Premium Exploration Inc. (TSX VENTURE:PEM) announced that assay results have been received from the final three holes of the Phase-Two drill program at the Friday-Petsite gold project in central Idaho, USA. The press release is quoted as saying: Premium Exploration Inc. (TSX VENTURE:PEM) explores and develops North American gold, silver, Platinum and Palladium. Click here [...]

Silver Miners Making News

By Melissa Pistilli-Exclusive to Silver Investing News Long-Term Outlook for Silver Many analysts expect strong industrial demand for silver over the medium- to long-term to provide price support going forward. Strong investment demand can also be seen in record combined ETF silver holdings, which reached 472.7 million ounces Friday, up 0.2 per cent from the [...]

Calibre Mining to Drill Borosi Project

Calibre Mining Corp. (TSX VENTURE:CXB) announced that B2Gold Corp has approved Calibre’s proposed diamond drill program and that Calibre has executed a multi-rig drill contract with Rodio Swissboring of Nicaragua to conduct the program. The press release is quoted as saying: “We have had a very successful initial target delineation program on the Borosi concessions [...]

Mindoro Resources Appointed new President and CEO

Mindoro Resources Ltd. (TSX VENTURE:MIO) (FRANKFURT:WKN 906167) reported that Institutional Investors, including existing shareholders Asian Lion Ltd and Lion Selection Group Ltd, have agreed to subscribe for up to 80 percent of the 25 million units to be issued in the private placement to advance Mindoro’s nickel laterite development options, announced on February 19, 2010. [...]

International Millennium Closes $350K Private Placement

International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) announced further to its announcements on February 11, and 12, 2010,that the Company has closed a $350,000 private placement. The press release is quoted as saying: International Millennium Mining Corp. is a mineral exploration and development company engaged in acquiring known small mines world-wide and in the exploration of [...]

Eurasian Minerals:Investment Agreement With IFC

Eurasian Minerals Inc. (TSX VENTURE:EMX) reported the signing of an Equity and Warrant Subscription Agreement for an approximately US$5 million investment by IFC, a member of the World Bank Group. Closing is expected to occur by the end of March. The press release is quoted as saying: EMX is a TSX Venture Tier 1 company [...]

First Gold’s Formal Agreement on Mexican Option

First Gold Exploration Inc. (TSX VENTURE:EFG)(FRANKFURT:F12) reported that on January 22, 2010, it concluded a binding letter agreement with Camsim Minas S.A. de C.V. relating to the option on the San Francisco Javier Silver property located in Mexico. The press release is quoted as saying: The letter of intent called for, among other things, an [...]