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Cameco Corporation Maurice Bay Project

Forum and Mega Option the Maurice Bay Uranium Deposit From Cameco

Forum Uranium Corp. (TSX VENTURE:FDC) is pleased to announce that the Company has entered into an option agreement with Cameco Corporation whereby Forum and Mega Uranium Ltd. may jointly earn a 60% interest in the 98 square kilometer North West Athabasca project, including the historical 1.5 million pound Maurice Bay uranium deposit in the Western Athabasca Basin.
Marketwire | March 8, 2011 | 10:29 pm

Pan Orient announces closing of Can$45 million bought-deal financing

Pan Orient Energy completed a previously announced bought deal financing of 6,870,240 common shares at a price of $6.55 per Common Share for gross proceeds of $45,000,072 on a private placement basis. The syndicate of underwriters was co-led by Raymond James Ltd. and Macquarie Capital Markets Canada Ltd. and included GMP Securities L.P., Canaccord Genuity Corp., Mackie Research Capital Corporation, Haywood Securities Inc. and Paradigm Capital Inc.
Marketwire | March 8, 2011 | 10:27 pm
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Franconia Minerals Shareholders Approve Arrangement With Duluth Metals

Franconia shareholders have approved an agreement whereby Duluth will acquire all of the outstanding common shares of Franconia, and Franconia will become a wholly-owned subsidiary of Duluth. Franconia's assets are expected to be rolled into Twin Metals Minnesota LLC, a Duluth (60%) and Antofagasta plc (40%) joint venture.
Marketwire | March 8, 2011 | 2:59 pm

Ridgemont Strikes MOU With Toquaht Nation of Vancouver Island, BC

Ridgemont Iron Ore Corp. (TSX-V:RDG) has concluded a Memorandum of Understanding ("MOU") with the Toquaht Nation whereby the parties have agreed to an ongoing business relationship with respect to the exploration and development of Ridgemont's Redford iron ore property located on Vancouver Island, outside of Ucluelet, British Columbia. The MOU establishes that Ridgemont and the Toquaht Nation will work together to establish a long term, mutually beneficial and cooperative business relationship.
Marketwire | March 7, 2011 | 7:36 pm

Ucore Releases NI 43-101 Compliant Resource for Bokan

Ucore Rare Metals Inc. (TSX-V:UCU) announced the first NI 43-101 compliant independent resource estimate for the company's 100%-owned Bokan Mountain rare earth element (REE) project in southeastern Alaska. The resource estimate was prepared by Aurora Geosciences Ltd. ("Aurora") of Yellowknife, NWT which recommends that the deposit merits additional drilling, metallurgical research and economic investigation.
Marketwire | March 7, 2011 | 6:50 pm

Energy Fuels’ Pinon Ridge Uranium/Vanadium Mill Receives Final Radioactive Materials Licence from State of Colorado

Energy Fuels Inc. (TSX:EFR), an advanced uranium and vanadium development company, was issued the final Radioactive Materials Licence for the Piñon Ridge Uranium Mill today. As previously announced on January 5, 2011, the Colorado Department of Public Health and Environment ("CDPHE") approved a Radioactive Materials Licence for the 500-ton per-day Piñon Ridge Mill facility to be constructed 12 miles west of Naturita, Colorado in western Montrose County.
Marketwire | March 7, 2011 | 6:39 pm
tahoe Resources q1

Great Panther Silver increases mineral resources at Topia Mine, Mexico

Great Panther Silver Limited has updated its mineral resources at the company's 100%-owned Topia silver-gold-lead-Zinc mine in Durango, Mexico. The 2011 mineral resource estimate, by Vancouver-based Roscoe Postle Associates (RPA), comprises measured & indicated ("M & I") mineral resources of 171,000 tonnes at 864g/t silver, 1.56g/t gold, 7.53% lead and 4.37% zinc (7.44 million silver equivalent ounces), a 36.3% increase over the 2009 resource estimate.
Marketwire | March 7, 2011 | 6:36 pm
copper plate background mining

Panamanian government indicates intent to repeal modified mineral resources code; contract-law 9 unaffected

Inmet Mining Corporation (TSX:IMN) announced today that the government of Panama intends to repeal recently enacted legislation, known as Law 8, that modified the Panamanian mineral resources code. The intent to repeal Law 8 recognizes concerns from indigenous communities residing within areas known as Comarcas that are recognized under Panamanian law. Inmet's Cobre Panama project is neither situated on nor adjacent to any Comarcas, and has had government and local community support.
Marketwire | March 5, 2011 | 6:07 pm

Lake Shore Gold hits high-grade intersections at Thunder Creek

Lake Shore Gold Corp. (TSX:LSG) announced results from six drill holes (3,035 metres) from the 730 Level at the Thunder Creek Project with four holes (1,060 metres) being collared underground and two holes (1,975 metres) on surface. The holes are part of a continuing drill program to define the overall geometry and grade of the Porphyry and Rusk Zones near the 730 elevation in order to complete an initial National Instrument 43-101 compliant resource estimate. The Thunder Creek project is within the company's Timmins West Gold Complex near Timmins, Ontario.
Marketwire | March 4, 2011 | 11:18 pm