Pennant Energy is ready to step into the limelight as it picks up speed with its latest ground acquisition within the prolific Kaybob oil and gas field in Alberta. The Kaybob is known as one of the largest producing oil and gas fields in North America.
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Yale’s program for 2007 has now defined skarn mineralization over a strike length of 250 meters - more than doubling the length upon which previous ore estimates were based - and their work has shown that mineralization is open in all directions.
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Long focused on copper in Ecuador, Ascendant Copper (TSX: ACX), announced on October 21 that it had signed a letter of intent to acquire all outstanding common shares in St. Genevieve Resources (CNQ: SGVL), another copper company with properties in Arizona.
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Investors seeking a grassroots deal with plenty of upside will find EcuaGold refreshing. Companies like this bridge the gap between gambling and putting our money into lesser risk ventures with potential for very high returns. Due diligence tells us EcuaGold has a high stake in a land area of proven mineralization, is well-funded, and works in a “mining friendly” region.
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Bayfield is currently pursuing some promising new opportunities with strong indications of future gains in the highly stable political/geographical area of Northwestern Ontario known as Rainy River.
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True North Gems (TSX.V: TGX), being the only publicly traded company in North America and one of only a handful in the world trading in coloured gemstones, is finding some of the most precious gems in the world.
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Vancouver-based Blue Sky Uranium Corp. (TSX.V: BSK), barely out of the starting gate, makes no bones about its international ambitions.
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A new generation of miners is making inroads in Russia’s Far East, including ambitious Canadian juniors such as Vancouver’s Golden Reign Resources Ltd. (TSX.V:GRR), which, through a joint venture with Status LLC, is now developing two gold properties in Magadan Oblast, and may acquire additional mining concessions in other provinces.
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JPMorgan Chase plan to invest $200 million in film and entertainment projects to add to its entertainment advisory and banking operations, writes Samantha Chang of TheImproper.com.
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Coupled with ever greater resources being devoted to mitigating climate change and significantly cutting back global greenhouse emissions, junior uranium explorers such as Vancouver’s Atomic Minerals Ltd. (TSX.V:ATL) are raising capital and gearing up to follow through on ambitious acquisition and development plans.
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When Teryl Resources (TSX.V: TRC) announced the initiation of drilling on its Gold Hill copper-gold-silver project located near Bisbee, Arizona, investors familiar with the area sat up in their chairs. Their interest was piqued, firstly, because Gold Hill is four miles from Phelps Dodge’s Copper Queen/Lavender Pit Mine, which produced in excess of 75 million tonnes of copper, silver and gold ore between 1954 and 1974.
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Linux Gold Corp. (OTCBB:LNXGF) has stepped up to the plate as it further expands its presence in Alaska’s historic gold camps.
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