Archive for December, 2009

MetalCORP updated on Big Lake Project

MetalCORP Limited (TSX VENTURE:MTC) reports that the company has begun a follow-up drill program focused on its wholly owned Big Lake project, which is located approximately 25km southeast of the town of Marathon and 20 km southwest of the Hemlo gold deposit, in northwestern Ontario.

Noront Resources update

Noront Resources Ltd. (TSX Venture: NOT) announced that the increased Offer it made for Freewest Resources Canada Inc. (TSX Ventures: FWR) submitted to Freewest Shareholders on November 30th, 2009 is full, fair and final and will not be increased.

Benton commences Drilling on Deloro option

Benton Resources Corp (TSX VENTURE:BTC)reported today that it has started a diamond drilling program on the Deloro option, located 5km south of the city of Timmins along the prolific Delnite-Aunor-Dome mine trend and 900 meters west of the past producing Delnite mine.

Zoro Mining’s corporate development

Zoro Mining Corp. (OTCBB:ZORM) reported that the company has completed the acquisition of a 100% legal and beneficial interest in and to approximately twelve property mineral exploration concessions covering nearly 2,900 hectares in a dry lake bed with inflow waters and subsurface brines known as the Piedra Parada Salar Project, and eight property mineral exploration concessions covering nearly 2,300 hectares targeting precious metals known as the Fritis Project, both located in Chile’s Atacama Region III.

Melkior Resources reports private placement

Melkior Resources Inc. (TSX VENTURE:MKR) announced hat the TSX Venture Exchange has conditionally accepted a brokered private placement of up to $3,000,000 consisting of units at a price of $0.30 per Unit and flow- through shares at a price of $0.33 per Flow-Through Share, and a non-brokered private placement of up to $600,000 consisting of Units.