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New Mathematical Model of Fluid and Gas Flow in Shale

Given that over 20 trillion cubic meters of natural gas, a third of the United States’ total reserves, are thought to be trapped in shale, and given the rush to exploit shale oil and gas resources by Australia, Canada, China, and other countries around the world—even oil-rich Saudi Arabia—it’s a wonder that producers still rely on models of how fluids flow underground that were devised in the heyday of oil and gas development.

4 Jan 2013

Patriot to Focus on KM 66 Silver-Gold Deposit in Durango Project

Patriot Minefinders Inc. ("Patriot") is pleased to announce exploration plans for 2013. In addition to exploration targeting new discoveries, Patriot will focus on the KM 66 project that includes an advanced stage silver-gold deposit located in the mining friendly and prolific silver belt in the state of Durango, Mexico.

4 Jan 2013

NOVAGOLD Receives Proceeds of CAD$46M from Exercise of Share Purchase Warrants

NOVAGOLD RESOURCES INC. received proceeds of CAD$46.4 million on December 31, 2012 from the exercise of the entirety of the 31,337,278 share purchase warrants held by Electrum Strategic Resources L.P. The warrants, due to expire January 21, 2013, were exercisable at CAD$1.479(1) per share.

From NovaGold Resources Inc. 3 Jan 2013

Guerrero Completes Acquisition of Pinette Copper Shares

Guerrero Exploration Inc. ("Guerrero" or the "Corporation") announces that it has completed the previously announced acquisition of all of the issued and outstanding shares of Pinette Copper Corp ("Pinette"), a private Vancouver-based mineral exploration company with 2 exploration properties located in Botswana. Guerrero will issue approximately 33,809,885 to the shareholders of Pinette.

3 Jan 2013

Update on Monitoring Activities at Troy Mine in Northwest Montana

Revett Minerals Inc. provides an update on monitoring activities at its Troy Mine in northwest Montana.

3 Jan 2013

Rainbow Intersects Silver and Gold Mineralization at Gold Viking Property

Rainbow Resources Inc. ("Rainbow" or the "Company") has intersected high-grade silver and gold mineralization near-surface in the southern section of the Company's 100% owned Gold Viking Property near the Village of Slocan in southeast British Columbia. The property had never been previously drilled and is immediately adjacent to the Ottawa Mines, the Slocan Valley's top silver producer in the 1900's, which includes ground also held 100% by Rainbow. Plans are under way to initiate a step-out winter drill program at Gold Viking, if ground conditions continue to be favorable, to further evaluate this new discovery.

3 Jan 2013

Sandstorm, Novadx Completes Acquisition of Premium Coal Properties in Tennessee

Sandstorm Metals & Energy Ltd. ("Sandstorm") together with Novadx Ventures Corp. ("Novadx") announce the completed acquisition (previously announced by Novadx on October 16, 2012) of Mine 12, the Turley Rail Load-Out, and the Smokey Junction Preparation Plant (the "Acquisition") located in Campbell and Scott Counties, Tennessee (the "Tennessee Properties"). The Tennessee Properties were acquired from Premium Coal Company, National Coal, LLC and Jacksboro Coal Company, LLC, for an aggregate purchase price of US$8.5 million (the "Purchase Price").

3 Jan 2013

Sandvik Mining Signs Agreement with Sasol Mining (Pty) Ltd Materials Handling Project in South Africa

Sandvik Mining signed a Mining Systems contract with Sasol Mining (Pty) Ltd for the Shondoni Mine Materials Handling project in South Africa.

From Sandvik AB 2 Jan 2013

TVI Pacific Affiliate Makes Fifth Shipment of Zinc Concentrate from Canatuan Mine

TVI Pacific Inc. (TVI or the Company) announced today that its Philippine operating affiliate, TVI Resource Development (Phils.), Inc. (TVIRD), completed its fifth shipment of zinc concentrate produced at the Canatuan mine on December 18, 2012.

From TVI Pacific Inc. 2 Jan 2013

Colossus Minerals Begins Bulk Sample Collection

Colossus Minerals Inc. has reached mineralization in its secondary development. The bulk sample collection process has begun and all material is being assayed and sorted on surface on the stockpile pad. Geologic controls and assaying of material will guide the bulk sampling process which will lead to a shipment of ten to fifteen 300 kilogram samples to Met-Solve Laboratories Inc. in Vancouver, B.C. in January 2013.

2 Jan 2013

Santacruz Silver Files Technical Reports for San Felipe Project and Rosario Project

Santacruz Silver Mining Ltd. (the "Company") announces that it has filed on SEDAR an updated technical report in respect of its San Felipe Project, titled "Update of NI 43-101 Technical Report on Resources, San Felipe Project, Sonora, Mexico". The updated report provides additional information on data verification and sampling. It is updated as of December 19, 2012, and has an effective date of April 5, 2012. The resources remain unchanged from the original report which was announced on July 16, 2012.

2 Jan 2013

Lucky Strike Resources Presents Update on Jewellery Box Property Exploration Program

International Samuel Exploration Corp. and Lucky Strike Resources Ltd presents an exploration update on the Jewellery Box Property 2012 exploration program.

31 Dec 2012

Caza Oil + Gas Provides Production Update for Forehand Ranch Bone Spring Test Well

Caza Oil & Gas, Inc. is pleased to provide a production update for the Company's Forehand Ranch 27 State Com No. 1H horizontal Bone Spring well on its Forehand Ranch Prospect in Eddy County, New Mexico.

31 Dec 2012

Atlas Copco Bags Two Large Orders from Latin American Customers for Mining Equipment

Atlas Copco has won two large orders from mining customers in South and Central America, worth a total MUSD 30 (MSEK 210). One is from Minera Panama to deliver drilling equipment and related services for the Cobre Panama open pit copper project. In Venezuela, Atlas Copco has won an order from the Minerven gold mining corporation.

From Atlas Copco AB 31 Dec 2012

Chesapeake Reports PFS Status on Mexico Metates Gold-Silver Project

Chesapeake Gold Corp. ("Chesapeake") wishes to report on the current status of the pre-feasibility study ("PFS") on its 100% owned Metates project located in Durango State, Mexico. The Metates project is one of the largest undeveloped gold-silver projects in the Americas.

From Chesapeake gold corp. 29 Dec 2012