Posts by CNW Telbec | Mining/Metals:

Frac Sand (Proppant) Testing Update

Stikine Energy Corp. (TSX.V: SKY) ("Stikine" or the "Company") announces it has received crush test results for samples submitted in December 2011 and has also completed a detailed review of all laboratory test results received.

Drilling Planned for Halliday Lake Project

In the summer 2011, Uravan Minerals Inc (Uravan) completed multifaceted surface geochemical sampling programs on the Halliday Lake, Math, OR Extension, and Stewardson Lake projects [Press Release Link] in the Athabasca Basin1, Northern Saskatchewan [map link]. These surface programs capitalized on new surface geochemical technologies developed from a pilot study conducted at the Cigar West Uranium deposit (Cigar Lake Study)2 for the detection of buried unconformity-related uranium deposits in under-explored areas in the Athabasca Basin.

Cline New Elk Coal Mine Approvals

Cline Mining Corporation (TSX: CMK) ("Cline" or the "Company") is pleased to report that further to its news release of December 30, 2011, New Elk Coal Company ("New Elk"), a wholly-owned subsidiary of Cline, received the last regulatory approval required for room and pillar mining in the Blue Seam on January 3, 2012.

Tembo Gold Corp. Completes Closing of Brokered Private Placement and Further Increases the Size of Non-Brokered Placement

Tembo Gold Corp. ("Tembo" or the "Company") is pleased to announce that it completed the closing of the brokered component of its previously announced private placement by issuing 4,661,500 units of the Company (the "Units") at a price of $1.00 per Unit for aggregate gross proceeds of $4,661,500 (the "Brokered Private Placement").

Encanto Potash Corp. announces closing of the Muskowekwan First Nations Investment

VANCOUVER, Dec. 9, 2011 /CNW/ - Encanto Potash Corp. ("Encanto" or the "Company") (TSXV:EPO) (OTCQX:ENCTF) is pleased to report the closing of its previously announced (see press release dated November 16, 2011) non-brokered private placement of 12,940,000 units for aggregate gross proceeds of $2,976,200. The proceeds will be used to provide the Company with working capital for engineering studies, marketing and general administrative expenses.

ESO Uranium grants options

VANCOUVER, Dec. 9, 2011 /CNW/ - ESO Uranium Corp. (TSX-V: ESO), (the "Company" or "ESO") announces the grant of 3,150,000 incentive stock options under its incentive stock option plan to certain directors, officers, employees and consultants. The options are exercisable at $0.12 for a period of five years from the date of grant. All options are subject to a four-month hold period and are granted in accordance with the terms of the Company's stock option plan.