Molybdenum: The metal that has no equals

Friday, February 26, 2010

Molyseek.com reported on the metal that has no equals: Identified resources amount to about 5.4 million tons of molybdenum in the United States and about 13 million tons in the rest of the world. Molybdenum occurs as the principal metal sulfide in large low-grade porphyry molybdenum deposits and as an associated metal sulfide in low-grade [...]

International PBX Ventures update

Friday, February 26, 2010

International PBX Ventures Ltd. (TSX VENTURE:PBX) provided an update on its preparations for the upcoming drill program on the Copaquire copper molybdenum project in northern Chile. The press release is quoted as saying: International PBX is a junior exploration company with several Copper, Molybdenum and Gold projects in Chile. The company has recently completed a [...]

Antares Minerals Update

Friday, February 26, 2010

Antares Minerals Inc. (TSX VENTURE:ANM) reported the completion of an updated independent National Instrument 43-101 compliant resource estimate for its Haquira Cu-Mo-Au project in southern Peru. The press release is quoted as saying: The Haquira project is located in southern Peru and offers excellent potential for an initial low-strip, low-cost SX-EW copper operation with a [...]

Intrepid Mines Releases Financial Results for 2009

Thursday, February 25, 2010

Intrepid Mines Limited (TSX:IAU)(ASX:IAU) reported the release of the Company’s Audited Financial Results as well as its Management’s Discussion and Analysis for the three and twelve month periods ended 31 December 2009.

MPH Godfrey Gold Phase completes One Drill Program

Thursday, February 25, 2010

MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) reported results from the first phase of exploration drilling on the Godfrey Property.

Augusta Announces $32.5 Million Share Offering

Wednesday, February 24, 2010

Augusta Resource Corporation (TSX:AZC)(NYSE Amex:AZC) reported that the company has entered into an agreement with TD Securities Inc. and Wellington West Capital Markets Inc. as joint lead managers and joint bookrunners, which will include a syndicate of underwriters, for the issuance of 11,820,000 common shares of the Company, on a bought deal basis, at a price of Cdn$2.75 per Share for gross proceeds of Cdn$32,505,000.

Western Troy to Explore Fabiola Prospect

Wednesday, February 24, 2010

Western Troy Capital Resources Inc. (TSX VENTURE:WRY), reported that the company will begin an exploration program on its Fabiola Molybdenum/Gold/Copper Prospect near Rouyn-Noranda, Quebec.

Avanti Mining closes C$17 million public offering

Tuesday, February 23, 2010

Avanti Mining Inc. (TSX-V: AVT) reported the closing of its previously announced public offering of units,including partial exercise of the over-allotment option. Pursuant to the Offering, the Corporation issued 85,236,800 Units, consisting of one common share in the capital of Avanti and one half Common Share purchase warrant at a price of C$0.20 per Unit for aggregate gross proceeds to the Company of C$17,047,360.

International Millennium Closes $350K Private Placement

Tuesday, February 23, 2010

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.

Antares operational update

Monday, February 22, 2010

Antares Minerals Inc. (TSX VENTURE:ANM)reported the results of 11 additional diamond drill holes (9,026 m) completed within or near the Haquira East deposit of the Haquira copper-molybdenum-gold project in southern Peru.

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