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November 28, 2007 Western Troy Acquires Uranium Prospects Near the Otish Mountains in Quebec TORONTO, ONTARIO--(Marketwire - Nov. 28, 2007) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY - News; "Western Troy") announced that it has made application for 40 new claims in five groups (a total of approximately 2000 hectares) in the Otish Mountains area of Quebec. The claims are located east of Western Troy's MacLeod Lake Molybdenum Copper Project. Anomalous radiometric readings of 25-75 times background were obtained in a work program conducted by Uranerz in 1982. Western Troy plan... (4 KB) |
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November 28, 2007 Keegan Resources Completes $13.5 Million Financing VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Nov 28, 2007 -- Keegan Resources Inc. (CDNX:KGN.V - News) announces that further to its news release of November 5, 2007, it has now completed the previously announced private placement of 3,300,000 units of the Company at a price of $4.10 per Unit for gross proceeds of $13,530,000. The financing was underwritten by Dundee Securities Corp. and Cormark Securities Inc. who exercised their 10% over-allotment right. Each unit consists of one common share a... (4 KB) |
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November 27, 2007 Cabo Expands Drilling Services Into Nevada NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 27, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that its Nevada division, Action Drilling Inc., a subsidiary of Cabo Drilling (Pacific) Corp., has been awarded a contract to complete a minimum of 7,500 feet of HQ core drilling in Nevada.
The Company began drilling in mid-October on their client's property located approximately 30 miles south of Battle Mountain, Nevada. Action Drilling mobilized a... (4 KB) |
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November 26, 2007 Condor Resources Inc.: Brahma Porphyry Copper Target Extended to 3 sq km VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 26, 2007) - Condor Resources Inc. ("Condor" or the "Company") (TSX VENTURE:CN - News) is pleased to announce that continuing exploration on its 100%-owned Brahma property in Chile has further increased the known dimensions of this newly-discovered porphyry copper target. The pervasive quartz-sericite altered leached capping zone has now been extended to cover a surface area of 3 sq km with an exposed vertical extension approaching 400 metres.
He... (3 KB) |
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November 26, 2007 Silver Standard Increases Pirquitas Reserves by 27% and Updates Capex VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Nov 26, 2007 -- Silver Standard Resources Inc. (Toronto:SSO.TO - News)(NasdaqGM:SSRI - News) reports that proven and probable silver reserves at Pirquitas have increased by 27 percent to 136 million ounces from 107.1 million ounces of silver. In addition, tin reserves have increased by 29% to 113 million lbs and zinc reserves by 63% to 414 million lbs. Tonnes of ore have increased by 13%, silver grade by 12%, tin grade by 14% and zinc grade by 44%. The... (15 KB) |
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November 23, 2007 Silver Standard Resources Inc.: Pirquitas Project News Release and Conference Call VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Nov 23, 2007 -- Silver Standard Resources Inc. (Toronto:SSO.TO - News)(NasdaqGM:SSRI - News) announces that it will issue a news release regarding the Pirquitas Project in Argentina on Monday morning, November 26, 2007.
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A conference call with management to review the project update is scheduled on Monday, November 26, 2007 at 8:30 a.m. EST.
Toll-free in North America: 1-866-400-3310
Toronto local and overseas: 1-416-850-9144
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November 22, 2007 Western Troy Announces New Resource Estimate for MacLeod Lake and Withdrawal From Panama Gold Prospect TORONTO, ONTARIO--(Marketwire - Nov. 22, 2007) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY - News; "Western Troy") announced that it has received the results of a new resource estimate for its MacLeod Lake molybdenum copper project in Northern Quebec. The new resource estimate includes the assays from the summer of 2007 drilling program. The table below shows the updated resource estimate for the Main and South Zones.
Main Zone Main Zone ... (7 KB) |
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November 20, 2007 Vista Gold Corp. Announces Luzon Minerals Ltd. Elects Not to Exercise Option to Purchase Amayapampa Gold Project in Bolivia DENVER, Nov. 20 /PRNewswire-FirstCall/ -- Vista Gold Corp. (TSX & Amex: VGZ) announced today that Luzon Minerals Ltd. has decided not to exercise its option to acquire from Vista the Amayapampa Gold Project in Bolivia, citing its inability to advance the project with its current financial and personnel resources. Luzon had an option to acquire Vista's interest in the project from Vista pursuant to an option agreement dated March 13, 2007 (see Vista's press release dated March 14, 2007). Vista an... (6 KB) |
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November 19, 2007 Mexican Silver Mines Acquires the Voladora Mine in the State of Nuevo Leon CALGARY, ALBERTA--(Marketwire - Nov. 19, 2007) - Mexican Silver Mines Ltd. ("Mexican Silver") (TSX VENTURE:MSM - News; FRANKFURT:MS2 - News; WKN:A0MSLE) is pleased to announce that it has completed a Letter of Intent ("LOI") to acquire a 100% interest in the Voladora Mine located in the municipality of Lampazos, Nuevo Leon, northeastern Mexico. The Voladora Mine, which covers an area of 272 hectares, is situated two kilometers to the northwest of Mexican Silver's La Iguana Mine.
The Voladora ... (6 KB) |
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October 31, 2007 U.K. Pound Rises to Highest Since 1981 on Interest-Rate Outlook By Kim-Mai Cutler and Aaron Pan
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Oct. 31 (Bloomberg) -- The pound rose to its highest against the dollar since 1981 on speculation the U.S. Federal Reserve will cut interest rates today, widening the difference in borrowing costs with the U.K.
Bank of England policy maker David Blanchflower said the bank is taking a 'watch and see' approach on rates and his colleague Kate Barker has signaled it isn't ready to cut them. Futures traders are betting U.S. borrowing costs ... (4 KB) |
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