Afrasia
Mineral Fields Inc.
(TSX-V:
AFS.H)
Afrasia is purchasing 100% of the shares of 0830438 BC Ltd who’s wholly owned US subsidiary owns the subsurface mining rights and is leasing those surface mining rights necessary to explore, rebuild and operate the Oracle Ridge Project located near Tucson, Arizona.
The Oracle Ridge Copper Project is a historic high grade copper producer located at Marble Mountain in Pima County, Arizona, USA. It hosts multiple zones of primary copper skarn mineralization with potentially significant gold and silver by-product credits. The project was in production as recently as 1996 at a rate of 1,000 tons per day and had an expansion plan in place to increase production to 2,000 tons per day.
Following approval for the acquisition of the Oracle Ridge Project, Afrasia intends to complete a program designed to validate the existing database and produce a NI 43-101 compliant resource study. This program will consist of re-sampling and assaying the existing core, drilling of confirmation holes, surveying the underground workings, confirming drill hole collar locations and underground mapping and sampling.
In addition, a significant portion of the property has not been drill tested. The proposed program will also include an underground core drilling program to locate additional areas of mineralization.
Bayswater Uranium Corp.
(TSX-V:
BAY)
Varshney Capital formed a junior uranium exploration company called Northern Canadian Uranium Inc. The Company established a pipeline of uranium projects, ranging from resource definition to grassroots exploration in the Athabasca Basin, SK; the Powder River Basin, Wyoming; the Great Basin of Nevada; the southern flank of the Black Hills uplift, in South Dakota; and in Mali, West Africa.
In December 2007, Northern Canadian was acquired in an $18 million merger (an 83% premium to NCA's share price) by Bayswater Uranium Corporation. Bayswater is the only uranium explorer to have major landholdings in each of Canada's most important producing and exploration regions – the Athabasca Basin, the Central Mineral Belt, and the Thelon Basin. Bayswater combines the uranium expertise of its technical and managerial teams with a large, highly prospective and diverse property base. The result is a well-capitalized Super JuniorTM Uranium Company with the share liquidity and market capitalization to provide value to both the retail and institutional investor.
BCY Resources Inc.
(TSX-V:
BCY)
BCY is a publicly listed company actively
seeking a project of merit.
Canada Zinc Metals Corp.
(TSX-V:
CZX); (Frankfurt:
M9R)
Canada Zinc Metals Corp. is a publicly listed mineral resource exploration company
with a 100% interest in the Akie property in British
Columbia, Canada. The Akie sedex zinc property comprises approximately 5,400 hectares in
the Omineca mining division of British Columbia and is located approximately 280
kilometres northwest of the town of Mackenzie. The property contains a zinc-lead-silver-barite massive sulphide deposit. Between 1992 and 1996
approximately $5.4-million was spent by other parties exploring the property,
including approximately 13,000 metres of diamond drilling. Over the past two and a half years, the Company has spent an additional $14 million exploring the property, including approximately 13,000 meters of drilling.
Based on the drilling to date, in mid-April 2008 the Company announced an initial 43-101 compliant inferred resource estimate for the Akie deposit . At a zinc cut-off grade of 5 per cent, the deposit is currently estimated to be 23.6 million tonnes grading 7.60% zinc, 1.5% lead and 13.0 g/t silver – which equates to 3.95 billion pounds of zinc, 780 million pounds of lead and 8.95 million ounces of silver.
The Akie deposit is open to expansion in tonnage and grade both along strike and down-dip.
Zinc is the third most used non-ferrous metal (after
aluminum and copper) and the demand from countries like China and India, with robust expanding economies, are straining global zinc markets.
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Carmanah Technologies Corporation
(TSX:
CMH); (Berlin: QCX.GD); (Frankfurt: QCX.GD)
Carmanah, a publicly listed company based in Victoria, BC, is the largest solar-power company in Canada and one of the world's premier suppliers of energy efficient products with more than 250,000 installations in 110 countries. Through a growing portfolio of proprietary technologies, as well as partnerships with many of the world's leading component suppliers, Carmanah offers innovative products that:
- Significantly reduce or eliminate on-grid energy use;
- Use renewable energy and operate reliably year round with little or no maintenance;
- Are engineered to handle the world's most extreme environmental conditions.
Carmanah has been the recipient of numerous industry & corporate awards over the years including "Company of the Year" at the British Columbia Technology Industry Association 2007 Technology Impact Awards.
Hastings
Resources Corp.
(TSX-V:
HAS); (Frankfurt: GQ4)
Hastings Resources Corp. is a publicly listed company actively
seeking a project of merit.
Minaean
International Corp.
(TSX-V:
MIB); (Berlin: NJA); (Frankfurt: NJA)
Minaean International Corp. is a
publicly listed company who's core business is the development and production of
the "Vesta" quick building framing system that utilizes load-bearing steel
panels in place of traditional "stick build" construction methods based on wood
or steel studs. Although Minaean's initial focus is the massive housing market
in India, other markets of interest include North America, Latin America, Middle
East and other countries within Asia.
The Company is currently working on
a contract by SHELL India to manufacture, supply and install 50 modular steel
buildings varying in size from 1,100 sq. ft to 1,500 sq. ft each. These will be
used as retail buildings in gas station facilities and is part of a major
program to construct up to 2,000 gas stations throughout India that Shell has
undertaken as part of their ongoing expansion plans.
Mountain Province Diamonds Inc.
(TSX: MPV)
Mountain Province is a publicly listed diamond exploration and development company. The Company has already discovered six diamondiferous kimberlite bodies (deposits) on its AK property located in Canada's Northwest Territories known as the Gahcho Kue project, one of Canada’s largest diamond deposits and the largest diamond mine under development globally.
Mountain Province has a joint-venture agreement with De Beers Canada Exploration, a wholly-owned subsidiary of De Beers Consolidated Mines and the project operator. This agreement gives De Beers the right to earn up to 60% of the AK property by funding the project to production.
In November 2005, De Beers submitted a government application for construction and operating permits for a NWT mine with production expected to average 3 million carats annually over 15 years.
As currently proposed, the Gahcho Kue project will be an open-pit mine, with an estimated resource of 31 million tonnes. Capital costs to construct the mine are estimated at $825 million. It will employ up to 600 people during the peak of its three-year construction period and close to 400 people during the operations phase of the mine. The project is expected to have a life of 20 years from start of construction to closure.
Range Capital Corp.
(TSX-V:
RCC.P)
Range Capital Corp. is a Capital Pool Company seeking a Qualifying Transaction under the policies of the TSX Venture Exchange.
It has approximately $1 million in its treasury.
Spring & Mercer Capital Corp .
(TSX-V:
SPN.H)
Spring & Mercer is a publicly listed company actively
seeking a project of merit.
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