United Reef Limited (CVE:URP) announce that URSA Major Minerals Incorporated (TSE:UMJ) has commenced a Phase 2 drilling program to test nickel-copper-precious metal mineralization at United Reef's past producing Nickel Offsets Mine property, located in Foy Township, 40 km northwest of Sudbury, Ontario.
URSA Major Minerals Incorporated (TSE:UMJ) announced that a Phase 2 drilling program has commenced to test nickel-copper-precious metal mineralization at the past producing Nickel Offsets Mine, located in Foy Township, 40 km northwest of Sudbury, Ontario.
North American Nickel Inc. (OTC:WSCRF) announced that it has granted incentive stock options to certain directors, officers, employees, consultants and advisors of the Company to purchase up to 3,300,000 common shares in the capital of the Company pursuant to the Company's stock option plan.
Continental Nickel Limited (CVE:CNI) reported further assay results from its diamond drill program on the Nachingwea nickel-copper sulphide project in Tanzania.
On Tuesday, Australian miner Western Areas NL (TSE:WSA) reported record nickel-in-ore output of 6,278 tonnes for July and August.
Bellzone Mining plc (LON:BZM), the iron ore and nickel/copper exploration company developing the Kalia Mine in the Republic of Guinea, West Africa, announced an upgrade and increase in the magnetite JORC resource from 2.4 billion tonnes to 3.74 billion tonnes on the central zone of the Kalia I deposit.
Sama Resources Inc. (CVE:SME) announced that, further to its press release of August 25, 2010, it will sell an additional 2,500,000 units at a price of CAN$0.40 per Unit, for total gross proceeds of CAN$1,000,000.
Nickel Inc.'s (TSE: FNI) news release of August 30, 2010, the Company is pleased to announce that it has completed its financing with Resource Capital Fund IV L.P. for a US$5 million bridge loan facility maturing on December 31, 2013.
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.
Thursday, September 9, 2010