S Business

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Comprehensive Memorandum of Understanding Signed between Sego Resources Inc. and Upper Similkameen Indian Band for Sego Resources Inc.’s Miner Mountain Project at Princeton BC

VANCOUVER, Sept. 28 – Chief Rick Holmes, of the Upper Similkameen Indian Band (USIB) and J. Paul Stevenson, CEO, Sego Resources Inc. (SRI), are pleased to announce that they have signed a comprehensive Memorandum of Understanding (MOU) to enable the exploration and potential future mine development of the Miner Mountain property immediately northeast of Princeton, BC.

This MOU supports the USIB’s principles of environmental stewardship, economic sustainability and self-determination. It also commits both parties to working collaboratively throughout the process of mineral exploration and development for lands under provincial tenure to SRI. Importantly, the agreement recognizes and respects the aboriginal title and rights of the USIB to the lands comprising the Miner Mountain property.

by NationTalk on September 28, 20071224 Views

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First Nations Summit Lauds Mining CEO for “telling it like it is”

September 27, 2007

Coast Salish Territory/West Vancouver – The First Nations Summit is welcoming the comments from Northgate Minerals CEO, Ken Stowe, as reported in The Globe and Mail yesterday, which he offered in the wake of an environmental review panel’s historic recommendation to reject the company’s Kemess North application, as proposed in the un-ceded traditional territory of the Takla, Kwadacha, and Tsay Keh Dene, known as the Tse Keh Nay.

“Mr. Stowe hit the nail on the head. He has rightly cautioned major developers and their investors that First Nations need to agree with the merits of their projects,” said Grand Chief Edward John, member of the First Nations Summit’s political executive. “Otherwise, as Mr. Stowe himself said, ‘don’t waste your time’,” added John.

by NationTalk on September 28, 20071083 Views

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Adanac Molybdenum Corporation: Major Mining Equipment Selected and Ordered For Ruby Creek Project

VANCOUVER, BRITISH COLUMBIA–(Sept. 28, 2007) – Adanac Molybdenum Corporation (TSX:AUA)(PINK SHEETS:AUAYF)(FRANKFURT:A9N) is pleased to announce letters of award have been issued to four Canadian companies for the supply of major items of mining equipment for the Ruby Creek Molybdenum Project, situated near Atlin, B.C.

by NationTalk on September 28, 20071130 Views

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Diadem Issues Progress Report on Franklin Diamond Project

TORONTO, ONTARIO–(Sept. 27, 2007) – Diadem Resources Ltd. (TSX VENTURE:DRL) today issued a progress report on the exploration program for its Franklin Diamond Project located on the Parry Peninsula in the Canadian Arctic. The Project is approximately 30 km northwest of Paulatuk in the Inuvialuit Settlement Region of the Northwest Territories. The current exploration program is a prelude to 5,000 metres of diamond drilling scheduled to commence in the spring of 2008. The estimated cost of the total program (including drilling, related ground gradiometer magnetic surveys, permitting and environmental impact studies) is up to $3.0 million. The program will evaluate 10 known kimberlite pipes, six of which are known to be diamond-bearing, and 18 additional high-priority ground magnetic anomalies.

by NationTalk on September 28, 20071085 Views

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NWT Uranium Continues Drilling In Quebec, Updates Corporate Activities

Toronto – September 27, 2007 – NWT Uranium Corp. (TSX-V: NWT; OTCBB: NWURF) is pleased to provide an update and overview of recent corporate activities.

Quebec Drilling Continues

Drilling is ongoing at the North Rae uranium project in the Ungava Bay region of northern Quebec, Canada. Seven holes totaling 1,696 feet (517 meters) have so far been completed.

The drill program at North Rae remains focused on determining the presence of potentially economic mineralization in recently identified radioactive targets. Drilling will continue until the onset of winter conditions in the Ungava Bay region, after which selected samples will be sent to the Saskatchewan Research Council for analysis. Results from a significant number of rock grab samples, which were collected during 2007 ground exploration, are also pending.

by NationTalk on September 27, 20071064 Views

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Wahgoshig First Nation Signs Memorandum of Understanding With Sheltered Oak Resources and Sage Gold

By: Marketwire .
Sep. 27, 2007 12:45 PM

WAHGOSHIG, ONTARIO — 09/27/07 — Chief Dave Babin of the Wahgoshig First Nation (“WFN”) and Robert K. Hanson CEO and a Director of Sheltered Oak Resources Inc. (“Oak”) and Nigel Lees, President and CEO of Sage Gold Inc. (TSX VENTURE: SGX) (“Sage”), (together (“the Companies”) are pleased to announce that they have today signed a Memorandum of Understanding (“MOU”) committing to an ongoing relationship between the WFN and the Companies’ with respect to the Sage and Oak joint venture in the Kerrs gold property.

The Kerrs Gold Property is located near Matheson, Ontario on lands to which WFN asserts treaty and Aboriginal rights. The property was optioned by Oak (a private Ontario corporation) from Sage in February 2008, through a three year option agreement. A drilling program is planned to test the up dip section of the Kerrs Gold system in order to trace the high grade vein structures encountered in recent drilling of the property.

by NationTalk on September 27, 20073353 Views

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Denendeh Development Corporation Set to Host the 2007 NWT Aboriginal Business Conference in Yellowknife October 16 to 18, 2007

Yellowknife, Northwest Territories, September 26 (NNW) – Chiefs, CEOs, Government leaders, economic developers and human resource managers of Canada’s largest and smallest organizations are set to converge on Yellowknife this coming October 16th to 18th in what is sure to become “the” networking event of the North. With this year’s theme being “Establishing Economic Cooperation” the host, Denendeh Development Corporation (DDC) have put the people in place to ensure a successful event for all that attend and when all the dust has settled, the only question remaining will be who wasn’t there?

by NationTalk on September 26, 20071340 Views

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Renewed Diavik Water Licence Approved

(Yellowknife, NT – September 25, 2007) The federal government has approved renewal of the Diavik Diamond Mine water licence. The renewed licence was approved by the Minister of Indian and Northern Affairs Canada and covers a period of eight years. It takes effect November 1, 2007, when the mine’s existing seven year licence expires.

The Wek’eezhii Land and Water Board (WLWB) recommended renewal of the licence to the Minister following an intensive, two year public review process which included various technical and public hearings. Under the renewed licence, the Board has substantially increased the environmental monitoring, reporting and management requirements of the operation, has revised discharge limits, and increased the numbers and types of ongoing approvals necessary each year.

by NationTalk on September 26, 2007957 Views

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Nunavut Approves Uranium Exploration And Mining

Vancouver, B.C. September 25, 2007. Forum Uranium Corp. (FDC: TSX-V) received news that the Board of Directors of Nunavut Tunngavik Inc. (“NTI”), the organization that is responsible for the management of all Inuit Owned Lands in Nunavut and acts as the advocate of Inuit interests in Nunavut has unanimously approved a policy concerning uranium mining in Nunavut. The guiding principle of the policy is that uranium exploration and mining must be carried out in an environmentally and socially responsible way and the uranium that results from the mining shall be used only for peaceful and environmentally friendly purposes. This bodes well for Forum’s strategically located North Thelon Joint Venture (“NTJV”) uranium exploration project, located adjacent to AREVA’s Kiggavik-Sissons 130 million pound uranium deposit.

by NationTalk on September 25, 20071225 Views

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Free Event Aboriginal Entrepreneurs/Aspiring Entrepreneurs Networking Event

Oct 25, 2007

Do you dream of starting your own business? Do you presently own a company? The Business Link’s Alberta Aboriginal Business Services, with the support of Alberta Employment, Immigration and Industry, is hosting a series of FREE Networking events to be held in various locations across the province this Fall. Space is limited and pre-registration is required. To register or for more information, please call 1 800 272 9675 or e-mail absnalberta@cbsc.ic.gc.ca

Address: September 25, 2007 LETHBRIDGE September 27, 2007 CALGARY October 9, 2007 FORT MCMURRAY October 11, 2007 BONNYVILLE October 23, 2007 SLAVE LAKE October 25, 2007 EDMONTON
Telephone: 1 800 272 9675
Contact: Sonja
Email: absnalberta@cbsc.ic.gc.ca
Website: www.cbsc.org/alberta/absn

by NationTalk on September 25, 2007914 Views

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Alexco Resource Corp. and First Nation of the Na-Cho Nyak Dun Conclude Negotiation Agreement

VANCOUVER, BRITISH COLUMBIA–(Sept. 25, 2007) – Alexco Resource Corp. (“Alexco”) (TSX:AXR)(AMEX:AXU) and the First Nation of the Na-Cho Nyak Dun (the “FNNND”) are pleased to announce that they have entered into a Negotiation Agreement relating to the activities of Alexco’s subsidiary, Elsa Reclamation and Development Corp. (“ERDC”) on and around the former United Keno Hill Mine property. The Negotiation Agreement provides for the negotiation and settlement of two further agreements between ERDC and the FNNND. The first of these is an Impact Benefit Agreement concerning the care and maintenance and exploration activities currently undertaken by ERDC. The second is a Mining Impact Benefit Agreement to be concluded if ERDC determines as a result of its exploration activities that any portion of this large property should be developed into a mine operation. Under the Negotiation Agreement, ERDC will provide funding to the FNNND to be applied to negotiation expenses.

by NationTalk on September 25, 20072369 Views

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Taseko Announces Positive Feasibility Study for Prosperity Project

VANCOUVER, BRITISH COLUMBIA–(Sept. 24, 2007) – Taseko Mines Limited (“Taseko” or the “Company”) (TSX:TKO)(AMEX:TGB) announces the results of the recently completed feasibility study on the Company’s 100% owned Prosperity Gold Copper Project located in central British Columbia, approximately 125 km (70 miles) southwest of Williams Lake.

The feasibility study confirms the Prosperity project is technically and economically feasible with an Internal Rate of Return (IRR) of 12% using foreign exchange assumption of US$0.80/C$1.00 and long term metals prices of US$1.50/lb for copper and US$575/oz for gold.

by NationTalk on September 25, 20071181 Views

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VentureLink Funds successfully exits Ventus Energy Inc. following acquisition by Suez SA.

TORONTO, Sept. 24 – VentureLink LP, manager of the VentureLink Group of labour-sponsored investment funds, with over $250 million in assets under management, today announced its successful exit from its investments in Ventus Energy Inc. (“Ventus”) following the completion of an acquisition by Suez SA (SZE: NYSE) (“Suez”) of France. Suez’s Houston-based arm, Suez Energy North America Inc paid approximately $124 million in cash for all the shares of privately-held Ventus.

VentureLink held Ventus in three of its labour-sponsored funds and were early backers of the wind energy development company. Ventus used this capital to option and survey vast tracks of land for wind farm development across Canada and more recently, to fund two wind farm projects in Prince Edward Island. These projects are now operational and producing power for customers in Prince Edward Island and the north eastern United States.

by NationTalk on September 25, 20071953 Views

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Northland Power Income Fund and Northland Power Inc. Submit Six Bids for 750 Megawatts in Response to Hydro-Quebec Wind-Power Request for Proposals

TORONTO, ONTARIO–(Sept. 20, 2007) –


Northland Power Income Fund (the “Fund”) (TSX:NPI.UN) (TSX:NPI.DB) announced today that it and Northland Power Inc. have jointly submitted five non-binding bids totaling approximately 450 megawatts (“MW”) and a sixth for a 300 MW project in association with Energie Eolienne Pessamit SEC (owned by the Pessamit First Nation) in response to Hydro-Quebec’s RFP for wind power projects in the province of Quebec. Northland Power Inc. is the parent company of the Fund’s manager. Hydro-Quebec has announced that it received bids for 66 projects totaling some 7,700 MW.

by NationTalk on September 22, 20071062 Views

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Apex Resources Announces Increased Value of its Beaufort Sea Well and Current Status of the Mackenzie Valley Pipeline

Salt Lake City, Utah – September 20, 2007 – (PR NEWSWIRE) Apex Resources Group, Inc. (OTC BB:APXR) announces increased value of its Beaufort Sea Well and current status of the Mackenzie Valley Pipeline.

The CEO of ExxonMobil, Rex Tillerson recently told a panel on global energy security that the Mackenzie Valley Pipeline Project is still on the table even though the CA$16.2 Billion price tag could be headed higher. ExxonMobil is the key corporate decision maker in the project, owning 69.6 percent of consortium leader Imperial Oil which has a 34.4 percent interest, while wholly owned ExxonMobil Canada has another 5.2 percent. Despite the regulatory delays and the inflated costs, Mr. Tillerman stated satisfactory progress has been made on the regulatory front and discussions with the Canadian Government are continuing because the project is still alive.

by NationTalk on September 21, 20071029 Views

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The Mining Association of British Columbia: Senior Clinton Foundation Advisor Eric Nonacs Speaking at Vancouver Mining Conference

Inaugural Asia Pacific Forum on Mining and Minerals attracting internationally renowned speakers

VANCOUVER, BRITISH COLUMBIA–(Sept. 20, 2007) – The Mining Association of British Columbia is pleased to announce that Eric S. Nonacs has been confirmed to speak at the Asia Pacific Forum on Mining and Minerals, taking place at the Hyatt Regency Vancouver from September 30 to October 3, 2007.

Nonacs will be speaking on a leader’s panel that includes Federal Minister of International Trade David Emerson, Lukas Lundin, Chairman of Lundin Mining Corporation, and Heherson T. Alvarez, Chair of the Philippine Mining Development Corporation.

by NationTalk on September 21, 20071072 Views

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Glooscap Heritage Centre wins Band Operated Enterprise of the Year Award!

(September 20, 2007)

The Ulnooweg Development Group Inc. is pleased to announce and extends its congratulations to the Glooscap Heritage Centre for winning the Band Operated Enterprise of the Year Award at the 3rd Annual Atlantic Aboriginal Entrepreneur Awards Show held on September 11, 2007 in St. John’s Newfoundland.

1(888) 766-2376

Empowering the spirit of entrepreneurship among Aboriginal business people for over 20 years!

Ulnooweg Development Group Inc.

by NationTalk on September 20, 2007845 Views

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First Nations University of Canada to host BDC’s National Aboriginal Youth Business Plan Competition

REGINA – First Nations University of Canada and the Business Development Bank of Canada (BDC) announced today that the 2008 E-Spirit Awards, a national Aboriginal Youth Business Plan Competition, will be held at the University of Regina campus from May 12 to 14, 2008.

“First Nations University of Canada, where aboriginal youth work towards building a bright future for themselves in an environment that reflects their cultural heritage, is an ideal setting for E-Spirit,” said André St-Pierre, Vice President, Corporate Finance, BDC.

by NationTalk on September 20, 20071671 Views

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SkyPower Submits over 900MW of Wind Energy Projects into the Hydro Quebec 2000MW Call for Tender

MONTREAL, Sept. 19 – SkyPower Corp, a company affiliated with Lehman Brothers, has announced today that it has submitted in concert with its bidding partners a total of 7 bids into the Hydro Quebec Call For Tender totaling over 900MW of potential projects for planned construction for 2010 thru 2015.

Hydro Quebec’s plan to purchase up to 2000MW of wind energy from private developers would bring the total wind purchased by Hydro Quebec since 2003 to over 3000MW. SkyPower has been working closely with its bidding partners over the past few years to ensure that its proposed projects are sound, competitive and have the requisite community and First Nation support which are paramount to the success of a wind project in Canada.

by NationTalk on September 20, 20071103 Views

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Golden Band Resources Inc., Kitsaki Management Limited Partnership – Business Agreement Reached

GBN: TSX Venture Exchange

SASKATOON and LA RONGE, SK, Sept. 19 – Golden Band Resources Inc. and the Kitsaki Procon Joint Venture are pleased to announce the signing of a General Services Agreement between their organizations. The intent of this agreement is that business opportunities from Golden Band’s advanced exploration, pre-development projects, and anticipated future production operations are available to members of the Lac La Ronge Indian Band. In addition, the broader document asserts the commitments that both organizations have to environmentally responsible mineral development.

by NationTalk on September 20, 20071719 Views

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MacDonald Mines Acquires a Significant Geological Favorable Land Position Similar to the Ground Hosting the Spectacular Noront Nickel-Copper Discovery

TORONTO, ONTARIO–(Sept. 19, 2007) – MacDonald Mines (TSX VENTURE:BMK) experience and expertise in the James Bay Lowlands enabled the Company to execute a rapid land acquisition response in recognition of Noront’s major Ni/Cu discovery. This resulted in the Company having the ability to strategically select and acquire claim block targets based on scientific knowledge in the core zone of the greenstone belt. This also allowed the company to largely avoid competitive staking situations and acquire several claim groups adjacent to the south boundary of the Noront Double Eagle Property and covering what is interpreted to be the contact of an important geological unit.

by NationTalk on September 19, 20071071 Views

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Empire Industries Ltd. and Tornado Technologies Inc. Announce Amalgamation Agreement

CALGARY, ALBERTA–(Sept. 18, 2007) – Empire Industries Ltd.(“Empire”) (TSX VENTURE:EIL), one of Western Canada’s fastest growing steel fabrication and construction service providers and Tornado Technologies Inc.(“Tornado”) (TSX VENTURE:TDO), today announced that they have entered into an amalgamation agreement pursuant to which Empire will acquire, subject to certain conditions, 100% of the issued and outstanding common shares of Tornado on the basis of 2.09 common shares of Empire (the “Exchange Ratio”) for each Tornado common share (the “Transaction”). The arms length, negotiated value per share is $0.55 per Empire common share and $1.15 per Tornado common share. The total value of the Transaction is $17.2 million.

by NationTalk on September 19, 20071596 Views

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Victory Nickel, Waswanipi Cree First Nation Sign MOU on Lac Rocher

Groups to work together to expedite development and mining of Lac Rocher nickel deposit

TORONTO, ONTARIO–(Sept. 18, 2007) – Victory Nickel Inc. (“Victory Nickel” or the “Company”) (TSX:NI) (www.victorynickel.ca) today announced that it has entered into a Memorandum of Understanding (“MOU”) with the Waswanipi Cree First Nation (“WCFN”) whereby the parties have agreed to work together to support and expedite development and mining of the Company’s high-grade Lac Rocher Nickel Project in northern Quebec in a way that respects the collective interests of Victory Nickel, the WCFN and other stakeholders.

by NationTalk on September 19, 20071183 Views

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Moose Cree First Nation and De Beers Canada Sign Victor Mine Impact Benefit Agreement

MOOSE FACTORY, ON, Sept. 18 – The Moose Cree First Nation and De Beers Canada Inc. are pleased to announce that an Impact Benefit Agreement (IBA) was signed today for the De Beers Canada Victor Mine in northern Ontario.

Yesterday’s official ceremony celebrated the successful community ratification held in June 2007, in which the Moose Cree First Nation Band Members voted (85 %) in favour of accepting the IBA.

by NationTalk on September 19, 20071597 Views

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Diamondex and Loon River First Nation Reach Agreement to Explore Reserve Lands for Diamonds

VANCOUVER, BRITISH COLUMBIA–(Sept. 18, 2007) – Diamondex Resources Ltd. (TSX VENTURE:DSP) (“Diamondex”) is pleased to announce it has concluded an agreement with the Loon River First Nation to explore for diamonds on Loon River First Nation Reserve Lands. The agreement, supported by the Chief and Council, has been formalized with the issuance of an Indian and Northern Affairs Exploration Permit pursuant to the Indian Mining Regulations.

“As far as we are aware this is the first Indian Mining Regulation Exploration Permit issued since the regulations came into effect in the 1950’s. We are pleased to conclude a mutually beneficial agreement with the Band Council and excited at the exploration opportunities present on Loon River First Nation Reserve Lands,” says Randy Turner, President and CEO of Diamondex Resources Ltd.

by NationTalk on September 18, 20071288 Views

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Tamerlane Reaches Agreement With the Hay River Metis Council

BLAINE, WASHINGTON–(Sept. 17, 2007) – Tamerlane Ventures Inc. (TSX VENTURE:TAM) is pleased to announce that a business agreement with the Hay River Metis Council has been signed. The agreement outlines job and business opportunities to the Hay River Metis Council for the Pine Point Project and ensures a long lasting relationship between Tamerlane and the Hay River Metis.

Ross Burns, President & CEO, said: “We are extremely pleased to be continuing a mutually beneficial relationship with the Hay River Metis Council and look forward to working with them as we develop our Pine Point Project.”

Ross F. Burns, President & CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.

For more information, please contact

Tamerlane Ventures Inc.
Brent Jones
Manager of Investor Relations
(360) 332-4653
(360) 332-4652 (FAX)
Email: bjones@tamerlaneventures.com
Website: www.tamerlaneventures.com

by NationTalk on September 17, 2007844 Views

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Tres-Or Appoints Members to the Board of Advisors

VANCOUVER, BRITISH COLUMBIA–(Sept. 17, 2007) – Tres-Or Resources Ltd. (the “Company”) (TSX VENTURE:TRS) is pleased to announce the appointment of 4 new members to the Company’s Business Advisory Board.

The Company is pleased to welcome Dr. Harrison Cookenboo, Senior Associate Geologist with Watts, Griffis and McOuat Limited, consulting geologists and engineers, as a source of technical advice to the Board. Dr. Cookenboo has over 25 years of experience in the mineral industry with a solid background in exploring for diamonds, exploration planning and proprietary diamond property evaluations in British Columbia, Alberta, Ontario, Quebec, Northwest Territory, Nunavut Territory, Brazil, Congo and the United States. Dr. Cookenboo was responsible for geological evaluations of bulk samples of 2 to 10,000 tonnes extracted from promising kimberlites and leading to successful pre-feasibility studies. Dr. Cookenboo is a graduate from Duke University in the United States and obtained both a Masters and Ph.D. Degree in Geology from the University of British Columbia. Since 2002, Dr. Cookenboo has acted as a consulting geologist on diamond exploration and evaluation programs primarily for Brazilian Diamonds Ltd. in Minas Gerais, Brazil and for the Company on its properties in Ontario and Quebec. Dr. Cookenboo is a director of Russian Diamonds PLC.

by NationTalk on September 17, 20071099 Views

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Rocher Deboule Minerals Corp.: Company Clarifies First Nation Relations

VANCOUVER, BRITISH COLUMBIA–(Sept. 17, 2007) – Larry W. Reaugh, President and CEO of Rocher Deboule Minerals Corp. (NEX:RD.H)(PINK SHEETS:RDBHF) announced that the Company has requested a voluntary halt of the Company’s stock to enable the Company to respond to an inaccurate and threatening news release issued by Skid’m def Hoya’t (Wayne Campbell) spokesperson for Wilps Nikat’een demanding that the company cease operations on Nikat’een traditional territory.

The background to the demand is that the Company is carrying out a 6 hole drilling program on its Rocher Deboule Property in the New Hazelton area of British Columbia. The Company holds a Mines Act permit for this program which covers the requirements under the Mines Act and Health, Safety and Reclamation Code for mines in British Columbia.

by NationTalk on September 17, 20071095 Views

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Silver Spruce Resources-Labrador Inuit Land

BRIDGEWATER, NOVA SCOTIA–(Sept. 14, 2007) – Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) responds to concerns brought forward by the Nunatsiavut Government (News release of September 7, 2007) regarding mineral exploration by companies on Labrador Inuit Lands (LIL) as reported in the CBC news stories on September 12, 2007.

The CBC news stories gave the impression that Silver Spruce’s work on exploration properties in Labrador would have to cease due to permit problems with the Nunatsiavut Government. This perception is incorrect. Problems were incurred when preliminary exploration (prospecting, stream sediment sampling, line cutting and baseline environmental studies) was carried out on Labrador Inuit Lands in the Mount Benedict Area, prior to the submission of a work permit approval request, in contravention of Section 4.11 of the Labrador Inuit Land Claims Agreement. This was an oversight by the company and the company immediately stopped all work on these lands, and has been in communication with the Nunatsiavut Government to discuss the issue since it was brought to the company’s attention.

by NationTalk on September 17, 20071063 Views

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Lotta Coal, Inc.: Update To Shareholders

CALGARY, AB–(September 14, 2007) – To our shareholders:

We have made great progress in building value in the company. We would like to update you on where we stand.

Lotta Coal, Inc. (PINKSHEETS: LCOL) (FRANKFURT: LC5) is a unique oil and gas company with three separate operating subsidiaries, each with rights to explore and develop oil and gas resources in partnership with different First Nations commercial entities in Northern Alberta, Canada. As previously announced, in order to effect the transaction, the Company contributed its entire interest in its three subsidiaries to a newly formed special purpose corporation. Subsequent to this transaction, Cunningham Adams, a Barbados-based investment fund, committed an investment of USD$8 million into the special purpose corporation.

by NationTalk on September 16, 20071174 Views

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Discovery Air Inc. Announces $10.1 Million in Net Earnings for its Second Quarter Ended July 31, 2007

JULY 31, 2007

• Net earnings for the quarter totalled $10.1 million or $0.09 per share ($0.09 diluted) compared to net earnings of
$4.4 million or $0.08 per share ($0.07 diluted) for the same period last year.
• Year-to-date net earnings were $6.5 million or $0.06 per share ($0.06 diluted) compared to $4.0 million or $0.09
per share ($0.08 diluted) last year.
• Revenues were $43.6 million for the quarter and $59.7 million year-to-date compared to revenues of $18.1
million and $18.2 million for the comparative periods last year.
• Total hours flown were 29,834 for the quarter and 41,403 year-to-date compared to 15,387 hours for the same
quarter and year-to-date last year.
• EBITDA was $18.7 million for the quarter and $17.9 million on a year-to-date basis compared to $8.0 million and
$7.5 million for the comparative periods last year.

by NationTalk on September 14, 2007870 Views

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Richview Resources Commission a Second Drill To Arrive at Thierry

TORONTO, ONTARIO–(Sept. 12, 2007) – Richview Resources Inc. (TSX:RVR) announced today that the Company has completed the site restructuring program on its 100%-owned Thierry property, and is now poised to complete the drilling program, set to continue though the fall/winter season.

Sol Prizant, President and CEO of Richview, proudly explained “At Thierry, field facilities have been fully upgraded and are now able to accommodate all crews and equipment needed for drilling and inspection, alongside a fully equipped field lab for geologists. Our upgrades enable Richview to operate uninterrupted through the winter for year-round development at Thierry, using our own, independent power generation, all weather access roads and upgraded equipment. Particularly gratifying is the fact that we have been able to attract newly, highly qualified personnel to our growing professional team.

by NationTalk on September 13, 2007969 Views

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AME BC: Media Advisory; Industry/First Nation Representatives to Provide Perspectives on $2B Galore Creek Mining Project

VANCOUVER, BRITISH COLUMBIA–(Sept. 12, 2007) – Association for Mineral Exploration British Columbia (AME BC) –

Representatives from NovaGold Resources Inc., Teck Cominco Limited and the Tahltan Central Council will discuss BC’s newest mining powerhouse, the Galore Creek Mining Company, its plans to develop the province’s first new metal mine in 20 years, and its ground breaking Partnership Agreement with First Nations at a mineral exploration and mining industry breakfast on Thursday, September 13, at 7:30 a.m. at the Terminal City Club, 837 West Hastings Street.

by NationTalk on September 13, 2007927 Views

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Province And Domtar Sign MOU For Redevelopment Of Prince Albert Pulp Mill And Other Facilities

News Release – September 12, 2007

The Government of Saskatchewan and Domtar have signed a Memorandum of Understanding (M.O.U.) toward the redevelopment of the Prince Albert Pulp Mill and Wapawekka sawmill. These developments, which could be operational by late summer/early fall 2008, will help stabilize and strengthen the forest industry in Saskatchewan.

“This memorandum provides a blueprint for the future of the forest industry in the Prince Albert area,” Premier Lorne Calvert said. “It’s a plan that will get people back to work in the P.A. pulp mill and the Wapawekka Sawmill, and provide new jobs when the facilities are expanded and a new sorting and chipping plant comes on stream. This partnership will provide a bright future for the people of this part of the province and the future of the forestry industry in Saskatchewan.”

by NationTalk on September 13, 20071197 Views

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The Mining Association of British Columbia: Inaugural Conference Reflects Growing Importance of Asia Pacific to Mining Sector

Asia Pacific Forum on Mining and Minerals taking place Sept. 30-Oct. 3, 2007

VANCOUVER, BRITISH COLUMBIA–(Sept. 11, 2007) – For the first time ever, an international forum on mining and minerals is taking place in Vancouver focusing exclusively on the importance of the Asia Pacific region. The objective of the forum is to increase trade, investment and collaboration in the mining and minerals sector between B.C., Canada and countries around the Pacific Rim.

“The Asia Pacific region is growing in importance for the mining and mineral sector in British Columbia and Canada,” said Michael McPhie, President and CEO of the Mining Association of British Columbia. “Last year, almost 60 per cent of net mining revenues in B.C. came from markets outside of North America, including Japan, Korea, Taiwan, China and India. The significance of the Asian Pacific region for the mining sector drove the need for this inaugural forum.”

by NationTalk on September 12, 2007869 Views

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Adanac Receives Environmental Certificate For Ruby Creek Project

VANCOUVER, BRITISH COLUMBIA–(Sept. 11, 2007) – Adanac Molybdenum Corporation (TSX:AUA)(PINK SHEETS:AUAYF)(FRANKFURT:A9N) is pleased to confirm the British Columbia government has issued an Environmental Assessment Certificate for the company’s Ruby Creek molybdenum project.

“We are pleased that the government has deemed our plan for the Ruby Creek project to be in compliance with its regulatory requirements,” said Michael E. MacLeod, President and Chief Executive Officer. “The Certificate is a major milestone in Adanac’s progress toward the development and operation of Ruby Creek, which we expect to be the first new, large-scale, primary molybdenum mine in 25 years.”

by NationTalk on September 11, 20071001 Views

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Liberty Signs Important MOU With the First Nations

EDMONTON, AB–(September 11, 2007) – Liberty Mines Inc. (TSX VENTURE: LBE) (“Liberty or the Corporation”) is pleased to announce the ratification of a memorandum of understanding (“MOU”) with the Mattagami, Matachewan and Wahgoshig First Nations. The MOU encompasses all of the exploration, development and mining activities on Liberty’s mining claims and leases in the Shaw Dome Nickel Belt near Timmins, Ontario. It addresses the traditional rights of the First Nations and sets out the objectives and topics for negotiation of an impact development agreement (“IBA”) between the parties to mitigate the potential impact of those rights from exploration, development and mining operations. It discusses business opportunities, employment and training, environmental matters, ongoing communications and many other items of concern to all parties. The MOU specifically states the First Nation’s support of Liberty’s applications for the permitting of its Shaw Dome mining projects subject to the environmental matters outlined in the document.

by NationTalk on September 11, 2007899 Views

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Media Advisory: Minister to Attend 3rd Annual Atlantic Aboriginal Entrepreneur Awards Show

Labrador and Aboriginal Affairs
September 10, 2007

The Honourable Tom Rideout, Minister Responsible for Aboriginal Affairs, will speak on behalf of the Provincial Government at the 3rd Annual Atlantic Aboriginal Entrepreneur Awards Show in St. John’s on Tuesday, September 11.

Minister Rideout will also co-present the award to the Newfoundland and Labrador winner, along with Chief Anastasia Qupee of the Sheshatshiu Innu First Nation.

The awards show begins at 7:00 p.m. at the Fairmont, St. John’s.


Media contact:
Lori Lee Oates
Director of Communications
Aboriginal Affairs
709-729-3733, 690-8403

by NationTalk on September 10, 2007864 Views

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Tres-Or Resources Ltd.: Live to Air Interview With Laura Lee Duffett P.Geo C.E.O Televised on BNN Power Breakfast

VANCOUVER, BRITISH COLUMBIA–(Sept. 7, 2007) – Laura Lee Duffett P.Geo, C.E.O. of Tres-Or Resources Ltd. (TSX VENTURE:TRS) (www.tres-or.com) to be featured in an exclusive interview with BNN Business News Network (www.BNN.ca).

The Interview will be live to air Monday, September 10, 2007 at 8:50am and hosted by Linda Sims on Power Breakfast.

by NationTalk on September 9, 20071086 Views

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Ulnooweg Development Group Inc..–3rd Atlantic Aboriginal Awards Show, St. John’s Newfoundland

Tuesday, Aug. 28, 2007

A celebration of local entertainment, endless networking opportunities, and recognition for the growing Aboriginal business community will headline the 3rd Annual Aboriginal Entrepreneurship Awards show hosted by Ulnooweg Development Group Inc.

As the finalists anticipate the results for the 3rd Annual Atlantic Aboriginal Entrepreneur Awards Show Gala the Ulnooweg Development Group Inc. gears up for another successful show. This year’s winners will be announced at the 3rd Annual Atlantic Aboriginal Entrepreneur Awards Show at the Fairmont Hotel in St. John’s Newfoundland on Tuesday, Sept. 11th, 2007.

by NationTalk on September 7, 20071138 Views

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Equity Engineering Ltd.: Corporate Update

VANCOUVER, BRITISH COLUMBIA–(Sept. 6, 2007) – Dr. Darcy Baker, President, Equity Engineering Ltd., is pleased to announce the appointment of Kristy Emery as Director, Corporate Relations.

Ms. Emery will be developing a complementary business unit within Equity Engineering Ltd. focusing on First Nations and community relations. In this role, Kristy will provide clientele with the capacity and expertise required to engage meaningfully with First Nations, communities and stakeholders, ensuring business activities consider immediate and long-term social, environmental and economic values.

by NationTalk on September 6, 20071321 Views

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Western Keltic Announces Robust Pre-Feasibility Results for the Kutcho Project

Annual Metal Productions Years 1 – 5: 75.5 million lbs Cu & 93.5 million lbs Zn

VANCOUVER, BRITISH COLUMBIA–(Sept. 5, 2007) – Western Keltic Mines Inc. (TSX VENTURE:WKM) announced today the results of a Pre-Feasibility study on its Kutcho Project, positioning Kutcho as Canada’s next major high grade copper and zinc producing mine. The study confirmed robust project economics, further supporting management’s decision to accelerate the completion of a Feasibility Study. Full commercial production of the mine is targeted for 2010.

by NationTalk on September 6, 2007903 Views

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Free Events Offer Valuable Insights Into the World of Entrepreneurship

Do you dream of starting your own business? Do you presently own a company? The Business Link’s Alberta Aboriginal Business Service Network (Alberta ABSN), with the support of Alberta Employment, Immigration and Industry, is hosting a series of free Networking events to be held in various locations across the province this Fall.

The events will be held in Lethbridge, Calgary, Fort McMurray, Bonnyville, Slave Lake and Edmonton. Aboriginal business owners will share their stories of the challenges and successes experienced along the way.

Last year’s presenters included Deen Flett of Curve Sports from Gift Lake and Edmonton-based Beatrice Floch, manager and co-owner of Spirit Staffing & Consulting.

by NationTalk on September 6, 20071196 Views

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CANDO Board Elections 2007

The Council for the Advancement of Native Development Officers (CANDO) is a dynamic National Aboriginal community economic development organization dedicated to “Building capacity to strengthen Aboriginal economies”. The foundation of the organization is the Economic Development Officers (EDOs) who work through a host of Aboriginal communities and organizations across Canada. This is the profession that is dedicated to the challenge of fostering community and economic growth for Aboriginal people. Given that mandate, CANDO is currently looking for an enthusiastic Economic Development Officer to represent Alberta on its National Board of Directors. This is a position elected by the province’s Economic Development Officers (Full CANDO members) to ensure that Alberta/Manitoba/NWT/NS/NU/BC/QC has a voice and a presence in the organization.

by NationTalk on September 6, 20071131 Views

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ACC – “Mini-Networking Luncheon Procurement Series”

Sep 11 2007 to Oct 25 2007

We invite you to our:
“Mini-Networking Luncheon Procurement Series”

Presented by:
Aboriginal Chamber of Commerce

Procurement Issues (Series 1, 2, 3, 4)

Manitoba Government Procurement – September 11, 2007
Guest Speakers: Mark Freedman & David Ash
Where: Radisson Hotel – Terrace Room
Time: 11:30 am – 2:30 pm

by NationTalk on September 4, 2007947 Views

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US Business Mission Visits Yukon

August 30, 2007

WHITEHORSE – The Government of Yukon Department of Economic Development, in partnership with the Yukon Chamber of Commerce and the US Department of Commerce hosted a business mission earlier this week. The mission, which concluded Wednesday, was designed to support Yukon companies seeking new joint business or export opportunities.

“Yukon government is working to facilitate increased exports of Yukon products and services,” Economic Development Minister Jim Kenyon said. “This visit supports efforts of Yukon companies to identify joint new business-to-business opportunities.”

by NationTalk on August 31, 2007829 Views

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Canadian Mining Industry Global First Third Party Verification on Sustainability


Ottawa, August 30, 2007. The Mining Association of Canada (MAC) announced the results today of a global first: the third party verification of sustainability performance for key environmental and social issues of concern to the industry and its stakeholders. The results of the verification were released in the 2006 TSM Progress Report.

by NationTalk on August 30, 2007876 Views

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Toromont Selected by Agnico Eagle Mines Ltd. to Supply Equipment and Service for Meadowbank Gold Mine in Nunavut

TORONTO, ONTARIO–(Aug. 29, 2007) – Toromont Industries Ltd. (TSX:TIH) announced today that it has been selected by Agnico Eagle Mines Limited to supply the mobile equipment and power systems needs of the Meadowbank Project north of Baker Lake, Nunavut – the Territory’s newest open pit gold mine.

In the fall of 2007, Toromont’s CAT division will provide three high efficiency, low emission, 2 Megawatt Arctic-grade power modules for the construction phase of the Mine. Starting in 2008 and completing in 2009, Toromont CAT will provide a total of six 4.4 Megawatt power modules for the main power plant complete with heat recovery facilities and plant controls. The total nominal output capacity of Meadowbank Mine main power plant will be 26 Megawatts.

by NationTalk on August 30, 20071523 Views

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Boomerang Uranium Project – 2007 Drilling Update


CALGARY, Aug. 29 – In July 2007 Uravan Minerals Inc. (“Uravan”) and Cameco Corporation (“Cameco”) commenced a reconnaissance diamond drill program on the Boomerang Uranium Project, Southwest Thelon Basin, NT. To date a total of four (4) diamond drill holes (BL07-67 to BL07-70) have been completed amounting to 1574.3 meters drilled. Specific drill targets were selected by employing a TDEM (Time Domain Electromagnetic) large fixed-loop ground geophysical survey technique over the most favorable conductive ‘peaks’
identified in an earlier 2005 MEGATEM airborne survey. Peak conductive-sites along the G-trend were surveyed using two survey-lines, 200 meters apart, oriented approximately NW-SE. The survey-lines were 1000 or 2000 meters long incorporating two 800 x 400 meter transmitter-loops positioned at the end of the lines.

by NationTalk on August 29, 2007964 Views

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Apex Resources Group Announces Appointment of New Director and Updates of Pipeline Project

SALT LAKE CITY, Aug. 27 — Apex Resources Group, Inc. (OTC Bulletin Board: APXR) announces the appointment of Mr. Rafiq Chinoy to the Board of Directors.

Mr. Chinoy has a College Degree from Mukalla, South Yemen and migrated to Canada in the 1980’s. Mr. Chinoy owns and operates a Corporate Travel business in Vancouver, B.C. Mr. Chinoy is a Private Investor and will be instrumental in negotiating Private Placement funding for the Company.

by NationTalk on August 28, 20071050 Views

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