URSA Major Minerals Incorporated (TSE:UMJ) announced the appointment of Mr. Eric Loch as Vice President, Mine Operations and Projects.
Lundin Mining Corporation (TSE:LUN) announced that it has executed an amended and restated credit agreement that increases the amount of its revolving credit facility to US$300 million from $225 million, reduces its costs of borrowing and extends the term of the Facility to September 2013 from May 2012.
KAT Exploration, Inc. (PINK: KATX) informed its shareholders and investment community that the company is now ready to begin drilling on its 100% wholly owned Rusty Ridge Iron Oxide Copper Gold (IOCG) property.
Hudson River Minerals Ltd. (CVE:HRM) announced the assay results from its recent drilling program southwest of McFaulds Lake. All three drillholes encountered anomalous copper (Cu) and zinc (Zn) mineralization with two holes returning anomalous gold (Au).
Rio Cristal Resources Corporation (CVE:RCZ) announced that it has completed a non-brokered private placement of 38,636,450 units of the Company at the price of US$0.085 per Unit, each Unit consisting of one common share and one-half warrant for total proceeds of US$3,284,098.
First Metals Inc. (TSE:FMA) announced that the Corporation has received a forbearance from the majority of bond holders until November 1st, 2010 allowing debt restructuring discussions to progress and continued discussions with Kaskattama Inc.
Romios Gold Resources Inc. (CVE:RG) announced that it placed 2,000,000 units on a flow-through basis priced at $0.15 per FT Unit for gross proceeds of $300,000. Each FT Unit consists of one (1) flow-through common share and one-half of a share purchase warrant.
Bloomberg.com reported on Copper gains most in a month as equities rise:
Tamerlane Ventures Inc. (CVE:TAM) announced a net loss of $747,919 or $0.01 per share for the six months ending June 30, 2010, compared to a net loss of $814,156 or $0.01 per share in the same period of the prior year.
AQM Copper Inc. (CVE:AQM) announced continuing positive drill results from the Zafranal project located in the northwestern extension of Peru's Southern Porphyry Copper Belt near the city of Arequipa.
Thursday, September 2, 2010