VANCOUVER - North Arrow Minerals Inc. (TSXV:NAR) says it has signed a letter of intent to acquire a 100 per cent interest in the El Tesoro project in Chile to help it acquire new copper and gold resources.The junior mining company said Monday it will spend $ 1 million in exploration, make a cash payment of US$ 600,000 to the owners as well as a … [Read more...]
Elgin Mining to acquire Gold-Ore Resources
February 1, 2012 by
VANCOUVER - A planned merger between Gold-Ore Resources Ltd. (TSX:GOZ) and another Vancouver junior miner was scrapped Wednesday when another bidder struck a rival friendly deal.Gold-Ore dropped plans to merge with Astur Gold Corp. (TSXV:AST) and announced its own deal to merge with Elgin Mining Inc. (TSXV:ELG).Under the deal, which values Gold-Ore … [Read more...]
Harmony Gold to acquire copper property
November 3, 2011 by
VANCOUVER - Harmony Gold Corp. (TSXV:H) will acquire a copper mining concession in Zambia from Montauk Mining and Minerals Ltd. under a letter of intent announced Wednesday.Under the agreement, Harmony would acquire up to 100 per cent ownership of the Kafwego-Mufumbwe property in return for 20 million common shares, US$ 1.2 million cash and … [Read more...]
Himalayan Capital to acquire Minera Azul
September 23, 2011 by
VANCOUVER - Shareholders of Minera Azul Ventures, a private Chilean partnership with rights to a gold and copper property, will gain control of publicly traded Himalayan Capital Corp. (TSXV:HIM.P) through a reverse-takeover announced FridayAzul's shareholders will end up owning 92 per cent of Himalayan, a capital pool company listed on the TSX … [Read more...]
