Laurion Mineral Exploration Inc. is pleased to announce the completion of an initial NI43-101 Mineral Resource Estimate for its 100% owned Bell Mountain Project located in Churchill County, Nevada. The mineral resource estimate was prepared by Telesto Nevada, Inc. of Reno, Nevada in accordance with Canadian National Instrument 43-101 requirements. The resource is based on 54,692 feet (16,671 m) of reverse circulation (“RC”) drilling completed on the Varga, Spurr and Sphinx zones. [Read more...]
Tahoe Announces Recommendations From ISS Group in Support of Matters to Be Considered at Annual Meeting and Announces Amended Rights Plan
April 6, 2011 By Leave a Comment
Tahoe Resources Inc. announced that Institutional Shareholder Services (“ISS”, formerly RiskMetrics) has recommended that its clients vote in favor of all resolutions to be considered at the annual meeting (the “Meeting”) of the Company to be held on May 2, 2011 including the resolution to approve the Company’s Shareholder Rights Plan. ISS is recognized as one of the leading independent proxy voting and corporate governance advisory firms. Its analyses and recommendations are relied upon by many major institutional investment firms, mutual funds and fiduciaries throughout North America.
The Company initially adopted a Shareholder Rights Plan effective March 3, 2011 (the “Initial Rights Plan”). Based on comments received from ISS, the Company has made certain non-material, technical amendments to the Initial Rights Plan and as a result has adopted an amended Shareholder Rights Plan effective April 1, 2011 (the “Amended Rights Plan”). [Read more...]
Approved Name Change – Hawthorne Gold Corp to Become China Minerals Mining Corporation
April 6, 2011 By Leave a Comment
The Company is very pleased to announce that effective at the opening April 5, 2011 Hawthorne Gold Corp will officially be re-named China Minerals Mining Corporation. Shares for the Company will now trade under the TSX-V ticker symbol “CMV”. The Company previously traded under the symbol “HGC”.
The Company is also very pleased to welcome Mr. Jian Zhang to the Board of Directors where he will serve as Director and Chairman of the Board and to Dr. Shijia Tang where he will serve as Director and Chief Executive Officer. Additional information can be found on the Company’s website; www.chinamineralsmining.com [Read more...]
Lincoln Mining Announces Investor Relations Agreement with Value Relations GmbH
April 6, 2011 By Leave a Comment
Lincoln Mining Corporation is pleased to announce that it has entered into an investor relations consulting agreement (“Agreement”) with Value Relations GmbH of Frankfurt, Germany (“Value Relations”) whereby Value Relations will act as the Company’s strategic investor relations consultant in Germany, Austria and Switzerland for a period of one year.
Value Relations will work with Lincoln to support the Company’s marketing efforts in Europe by providing the Company with investor communications support, marketing strategies and translation services. In consideration for these services, Value Relations will receive an annual fee of 54,000 Euros, payable in four quarterly installments. [Read more...]
NEOS GeoSolutions Announces neoBASIN Program in California
April 6, 2011 By Leave a Comment
NEOS GeoSolutions Inc. today announced that it has secured underwriting for an integrated geological, geophysical, and geochemical study of California’s Ventura Basin. Known by the trade name neoBASIN™, the solution will be used by NEOS’s E&P clients to highgrade their existing acreage positions and to prioritize their upcoming lease bids to align with the most prospective areas for onshore oil & gas exploration within the Ventura hydrocarbon province.
Commenting on the project, Jim Hollis, President and CEO of NEOS, stated, “The Ventura Basin has a long history of hydrocarbon production that dates back to 1861. Approximately 100 oil & gas fields have been discovered since, with cumulative production from the province exceeding 4 billion barrels of oil equivalent. [Read more...]
Treasury Metals Begins Initial Metallurgical Test Work at Goliath Gold Project
April 6, 2011 By Leave a Comment
Treasury Metals Inc. is pleased to announce that it has begun initial metallurgical test work at its Goliath Gold Project near Dryden, Ontario. Composite samples consisting of whole main zone intersections of half core taken from 7 diamond drill holes were recently submitted to G&T Laboratories Services Ltd. in Kamloops, B.C. The sample represents a degree of geographic diversity over the deposit and weighed 58.6 kg with an estimated grade of 4.5 g/t Au. Results from the program are expected by June 2011 and the Company will develop a preliminary flowsheet from these test results that will be used to support a feasibility study. [Read more...]
Lundin Mining Shareholder Rights Plan Is in Effect-TSX Defers Consideration
April 4, 2011 By Leave a Comment
Lundin Mining Corporation announced that it has been notified by the Toronto Stock Exchange (the “TSX”) that the TSX will defer consideration of the acceptance of Lundin Mining’s limited duration Shareholder Rights Plan (the “Rights Plan”) until such time as the TSX is satisfied that the Ontario Securities Commission will not intervene pursuant to National Policy 62-202 – Take-Over Bids – Defensive Tactics. Pursuant to TSX policies, the TSX automatically defers acceptance of shareholder rights plans adopted in response to a specific take-over bid.
Shareholders should note that the Rights Plan remains in effect even though the TSX has deferred its review of the Rights Plan. A copy of the Rights Plan will be available at www.sedar.com. [Read more...]