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General Metals Corporation Executes Confidentiality Agreement With Newmont Mining Providing Mutual Protection on Data Exchange at Independence Mine
General Metals Corporation confirms that on June 14, 2007, after several discussions and meetings at the Company’s Independence Mining claims with neighbor Newmont Mining www.newmont.com, we entered into a joint confidentiality agreement regarding an exchange of data by both parties. As previously stated, our Independence Mine is an island in Newmont Mining’s claims where [...]
Romios Announces Not Proceeding With Merger With Copper Canyon Resources Ltd.
The management of Romios Gold Resources Inc. wishes to announce that it will not be proceeding with the proposed merger with Copper Canyon Resources Ltd. announced in the Company’s press release of April 26, 2007. The Company will be focusing on its $3,000,000 exploration program scheduled for its properties in the Galore Creek Area [...]
General Metals Update: Independence Mine Phase 1 Drilling Targets Identified to Define Open Pit Ore Reserve and Pave Way for Near Term Production
General Metals Corporation, The Company has identified its Phase 1 shallow drilling targets. The Independence Shallow Target and the North Target will be drilled in six discrete sections, which allows for an open pit ore reserve to be developed a section at a time. The first section to be drilled is on the Independence shallow [...]
Pakistan’s ONGCL Gets Offshore Oil, Gas Exploration License
Pakistan’s Oil & Gas Development Co., or OGDCL, the largest petroleum exploration and production company in the country, Thursday obtained an offshore oil and gas exploration license from the government.
The Petroleum Ministry said the government issued the license to its fully- owned Government Holding (Pvt) Ltd., which then signed an agreement with OGDCL to undertake [...]
Pakistan’s ONGCL Gets Offshore Oil, Gas Exploration License
Pakistan’s Oil & Gas Development Co., or OGDCL, the largest petroleum exploration and production company in the country, Thursday obtained an offshore oil and gas exploration license from the government.
The Petroleum Ministry said the government issued the license to its fully- owned Government Holding (Pvt) Ltd., which then signed an agreement with OGDCL to undertake [...]
Romios Options Nizi Creek Au-Ag Property
Romios Gold Resources Inc., is pleased to announce that it has signed an option agreement with Kaminak Gold Corporation on Kaminak’s Nizi Creek Gold-Silver Property (The Property) located in northwestern British Columbia. The option agreement is subject to regulatory approval from the TSX Venture Exchange.
“Romios is focused on continuing to become a major explorer in [...]
General Metals Ghana, West Africa Update: 150 Sq. Km. Nyhinahin Mining Concession Nears Completion and Former Producing, Fully Permitted Open Pit Gold Mine Becomes Next Target
General Metals Corporation. The Company is pleased to report it has received the required documents to complete the acquisition of 100% interest in Mikite Gold Resources (”Mikite”), a Ghanaian corporation with exclusive exploration rights to the 150 square kilometer Nyinahin mining concession near Bibiani, Ghana. The Mineral rights are for gold, diamonds and base metals.
The [...]
Iraq Oil Contract Framework To Be Set By Mar 15 -Document
Iraqi officials must first agree the framework of contracts to be used when negotiating with foreign oil companies by March 15 if the country’s draft hydrocarbons law is to be submitted to parliament for its approval, according to a cabinet document seen by Dow Jones Newswires.
The draft hydrocarbon law, seen as essential to spur [...]
