Altitude Resources Inc. ("Altitude") is pleased to announce that ithas acquired new Alberta Crown coal lease applications adjoining its Altitude North property in west central Alberta.
Altitude Resources Inc. is pleased to provide an update on the Palisades Project 2016 company activities and plans for the 2017 field program.
New Colombia Resources, Inc., a Colombian company listed in the U.S. with premium metallurgical coal properties and medical marijuana operations, is pleased to announce that last week, mining engineers discovered a new outcropped coal seam over 3 meters wide.
NQ Exploration Inc. ("NQ") announces the signing of an arm's length binding letter of intent (the "LOI") with A&M Resources USA LLC ("A&M"), a private company existing under the laws of Florida, pursuant to which NQ may acquire from A&M resource Colombia SAS, a wholly-owned subsidiary of A&M, a 15% undivided interest in a coal mine project encompassing a total of 100 Hectares located in Patia, Cuaca region, which is about 70 km from the city of Cali, Colombia (the "Property") and a $ 2 per tonne royalty on the Property's production, in consideration of an unsecured loan (the "Loan"), at the rate of 16% per annum with a 36 months maturity, from NQ for a principal amount of $ 1,200,000 to A&M (the "Acquisition").
Texas Mineral Resources Corp. (TMRC), an exploration company targeting the heavy rare earths and a variety of other high-value elements and industrial minerals, is pleased to announce that it has signed a memorandum of understanding (MOU) with a well-established privately-held Pennsylvania coal company.
Saturn Minerals Inc. ("Saturn" or the "Company") reports that completions have begun at its Bannock Creek project in northeastern Saskatchewan where the Company intersected three potential reservoirs within the Red River Formations. A work over rig has been mobilized to the well site and operations are expected to begin today. The completions program is being run in conjunction with Axiom Explorations Ltd. of Saskatoon, Saskatchewan.
Gobi Coal & Energy ("Gobi Coal") is pleased to announce its ongoing strategic initiative to expand across the energy resources value chain into hard coking coal, coking coal mine consolidation, and graphite and uranium development and mining both inside and outside of Mongolia.
Morien Resources Corp. ("Morien" or the "Company"), is pleased to provide an update on development activities at the Donkin Coal Project ("Donkin" or the "Project") in Cape Breton, Nova Scotia, where owner/operator Kameron Collieries ULC ("Kameron"), a subsidiary of The Cline Group LLC, has been actively advancing the Project toward production. Morien has a gross production royalty on all coal sales from the Project.
New Colombia Resources, Inc. ("New Colombia or the 'Company"), a U.S. company with specialty metallurgical coal, raw building materials, medical marijuana, and hemp assets, is pleased to announce the filing of their Work Plan to process aggregates, identified in Colombia as the Plan de Trabajo y Obra (PTO), on January 25, 2016. This 200-page document has File # 2016-14-637 with the Agencia Nacional de Mineria.
Rhino Resource Partners LP announced today that it has completed the sale of its Central Appalachia Deane mining complex to Quest Energy Inc.. The Partnership’s Deane mining complex is located in eastern Kentucky and includes one underground mine and related infrastructure that consists of a preparation plant and a unit train loadout facility.
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