Dr. Fabio Montanari, President and CEO of Soltera Mining Corp. , is pleased to announce that the results of a structural geological survey at El Torno, Soltera's flagship gold property in Argentina, are now available.
El Torno is located in the Andean Cordillera near the international border with Bolivia. It is in the central part of a major mineralized province that extends several hundred kilometers through Argentina and Bolivia. read more
Source: Soltera Mining Corp.
Thursday, October 9, 2008
Soltera Mining Corp.: Structural Geological Survey Suggests Increased Gold Potential at El Torno
Labels: Business, Gold, mining
Posted by Unknown at 6:15 AM 0 comments
Seabridge Gold Agrees to Sell Noche Buena to Fresnillo/Newmont Joint Venture
Seabridge Gold announced today that it has signed a letter of intent to sell its 100% owned Noche Buena project in Sonora, Mexico to Minera Penmont, S. de R.L. de C.V., a joint venture between Fresnillo plc. and Newmont USA Limited, a wholly owned subsidiary of Newmont Mining Corporation. Terms of the sale are US$25 million in cash at closing, a further US$5 million upon commencement of commercial production from Noche Buena and a 1.5% net smelter royalty payable on all production sold for US$800 per ounce of gold or greater. The transaction is subject to completion of definitive closing documentation and normal closing conditions, which are expected to be completed within the next two months. read more
Source: Seabridge Gold Inc
Labels: Business, Gold, mining
Posted by Unknown at 6:12 AM 0 comments
Vantex Acquires 19 Mining Claims Adjacent to the Santa Anna Gold Property
The management of Vantex Resources Ltd ("Vantex") is pleased to announce the acquisition of 19 mining claims directly adjacent to the Santa Anna gold property that was recently acquired by Vantex and announced in a press release dated March 18. The Santa Anna property is located 15 kilometres West of the town of La Sarre, in Abitibi, Quebec, in the La Reine township. read more
Source: Vantex Resources Ltd.
Labels: Business, Gold, mining
Posted by Unknown at 6:04 AM 0 comments
Itronics Reports Three More States Register GOLD'n GRO Guardian Deer Repellent; Environmentally Green Product
Itronics Inc. today reported that its wholly-owned subsidiary, Itronics Metallurgical, Inc., has received GOLD'n GRO Guardian registration in three more states, Alabama, Delaware, and Pennsylvania, bringing the number of states in which GOLD'n GRO Guardian is registered to ten. Registration is pending in New York. read more
Source: Itronics Inc.
Posted by Unknown at 6:01 AM 0 comments