Archive for the ‘Arizona Mining Companies’ Category

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–El Capitan Precious Metals, Inc. (OTCBB: ECPN) announced the release of the geologic resource evaluation document titled:

“EL CAPITAN PRECIOUS METALS, INC. REPORT ON EL CAPITAN GOLD-PLATINUM PROJECT INCLUDING MEASURED RESOURCE CALCULATION LINCOLN COUNTY, NEW MEXICO.” Read the rest of this entry »

TUCSON, Ariz.–(BUSINESS WIRE)–Liberty Star Gold Corp (the “Company”) (OTCBB:LBTS) is pleased to announce that the Elle Joint Venture with XState Resources Limited (ASX:XST) (previously OCR Minerals) has started the first hole of its three Pipe drilling program. This hole, named Rotary Drill Hole (RDH) Elle 01, is drilling on the Elle geophysical target. It was collared Thursday February 15, 2007 and was at 1,185 feet Saturday evening at quitting time. Read the rest of this entry »

PHOENIX, AZ — (MARKET WIRE) — PetroSun, Incorporated (PINKSHEETS: PSUD) announced today that the company and its joint venture partners will commence the drilling of the initial Holbrook Basin prospects during March of 2007. The PetroSun leasehold includes 985,000 acres of oil and gas mineral rights in Arizona and New Mexico. A map of this leasehold is posted on the company website at www.petrosuninc.com. Read the rest of this entry »

TUCSON, Ariz.–(BUSINESS WIRE)–Liberty Star Gold Corp (the “Company”), (OTCBB:LBTS) is pleased to announce that the Elle Joint Venture with XState Resources Limited (ASX:XST) (previously OCR Minerals) has engaged a specialized air rotary drill. This drill is designed so that a true vertical hole can be drilled through the cobbles and boulders of the three targeted uranium bearing collapse breccia pipes without significant deviation. The drill will penetrate to a depth of at least 1,500 feet in each of the three pipes comprising the initial part of the joint venture. Drilling is expected to start on February 15, 2007. It is expected that drilling will take about a month to two months to complete. Read the rest of this entry »

VANCOUVER, BRITISH COLUMBIA — (MARKET WIRE) — American Bonanza Gold Corp. (TSX: BZA)(FWB: AB2) (”Bonanza”) is pleased to announce the completion of the successful Phase I exploration drilling program at the 100% owned Copperstone property in Arizona. Nine (9) of 10 targets were drilled within 1,000 meters of the known high grade gold resources with the objective of discovering potential to significantly increase Copperstone’s resources. Six (6) targets successfully returned results that warrant follow up drilling during Phase II. Read the rest of this entry »

    PHOENIX, Feb. 7 /PRNewswire-FirstCall/ — The board of directors of Phelps Dodge Corp. (NYSE: PD) today declared a dividend of 20 cents per share on the common shares of the corporation. The dividend is payable on March 2, 2007, to common shareholders of record at the close of business on Feb. 16, 2007. Read the rest of this entry »

VANCOUVER, BRITISH COLUMBIA — (MARKET WIRE) — Entree Gold Inc. (TSX: ETG)(AMEX: EGI)(FWB: EKA) (”Entree” or the “Company”) reports that results from the geophysical survey completed on its Sol Dos Property, Arizona have been received and evaluated. Drill targets have been identified and documentation has been submitted to the Bureau of Land Management (”BLM”) for permitting of the proposed follow-up exploration program. A drilling contract has been signed with Boart Longyear for 6,550 feet (2,000 m) of diamond drilling. The drilling program will commence shortly after receipt of permit approval from the BLM, which is estimated to take 2 – 4 weeks. Read the rest of this entry »

SCOTTSDALE, AZ — (MARKET WIRE) — January 24, 2007 — Drake Gold Resources, Inc. (PINKSHEETS: DKGR) would like to make known the present state of affairs in regard to the recent announcement of its subsidiary dividend issuance. After the record date was established it became evident that shares held in escrow and those due for cancellation would dilute the dividend for the average shareholder. Upon further review of the current share structure and plans to cancel shares, Drake is rescinding the originally announced record date of January 3rd, Read the rest of this entry »

VANCOUVER, BRITISH COLUMBIA and CHEYENNE, WYOMING — (MARKET WIRE) — January 11, 2007 — Energy Metals Corporation (TSX: EMC)(NYSE Arca:EMU) (”Energy Metals”) and High Plains Uranium, Inc. (TSX: HPU) (”High Plains”) are pleased to announce that The Court of Queens Bench, Saint John, New Brunswick has granted final approval for the plan of arrangement giving effect to the business combination between High Plains and Energy Metals. Read the rest of this entry »

LA JOLLA, CA — (MARKET WIRE) – Tonogold Resources, Inc. (PINKSHEETS: TNGL) is pleased to announce the signing of an Option to Purchase Agreement for the Van Deemen, Arizona Gold Project.

The Van Deemen Gold Project consists of five (5) unpatented federal mining claims located about 50 miles northwest of Kingman Arizona along the northeastern flank of the Black Mountains. The area has a history of mining and should be able to be explored and mined by following BLM regulations and recommendations. Read the rest of this entry »