Resources
Vital Resources reports progress on Indonesian acquisition
Vital Resources Corp ("Vital") (CNQ Exchange -VITL, Frankfurt Stock Exchange -VZN) is pleased to update shareholders on the progress of the potential acquisition of Ramok and Senabing oil and gas fields in Sumatra, Indonesia.
May 9, 2008 - 7:00:00 AM
Resources
Hemisphere Gold Inc., executes letter of intent for acquisition of Angkor Wat Minerals Ltd, and proudly appoints Barry Lucas to the board of directors
Hemisphere Gold Inc. ("Hemisphere"), a gold exploration, property acquisition and mining development company, is pleased to announce that it has entered into a Letter of Intent (the "LOI") to acquire all of the issued and outstanding shares of Angkor Wat Minerals Ltd ("AWML") (the "Transaction"). Concurrent with the execution of the LOI, Barry Lucas, director and Chair of AWML has been appointed to the Board of Hemisphere to work directly with the Co on the closing of the Transaction and the continued development of the AWML projects.
May 9, 2008 - 7:00:00 AM
Resources
Medusa Mining finds 'exceptional' intersection at Co-O mine
Medusa Mining Ltd said it found an 'exceptional' intersection of 33.50 metres at 18.07 grammes a tonne of gold at its key Co-O Mine in the Philippines.
May 9, 2008 - 7:00:00 AM
Resources
PTTEP speeds up LNG plans
PTT Exploration and Production will join with its parent, PTT Plc, to develop a liquefied natural gas (LNG) plant that will use supplies from its existing natural gas fields. The move comes as PTT has faced problems in securing long-term LNG supplies due to market volatility. PTT's 30 billion-baht LNG receiving terminal at Map Ta Phut is expected to be operational at the end of 2011 with an annual capacity of five million tonnes.
May 9, 2008 - 7:00:00 AM
Resources
Nautilus Minerals Inc: phase one deep sea exploration programme completed in PNG
Nautilus Minerals Inc. (the "Company" or "Nautilus") announces that Teck Cominco Limited ("Teck") has completed the first phase of its USUS$12 million 2008 offshore exploration programme over Nautilus' exploration apartments. These apartments are located in the territorial waters of Papua New Guinea ("PNG") and exclusive economic zone of Tonga. The phase one programme was completed on Tuesday May 6, 2008 with the demobilisation of the MV Sepura in Port Moresby. This phase involved a 28-day bathymetric mapping programme within the territorial waters of PNG that was designed to define targets for subsequent geochemical surveying and Remote Operated Vehicle ("ROV") based sampling.
May 9, 2008 - 7:00:00 AM
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