Deals this Week: Premier Gold, African Consolidated and More

17 June 2010 (Last Updated June 17th, 2010 18:30)

Premier Gold Mines has closed its previously announced acquisition of Saddle Gold. Saddle Gold owns the mineral rights and a majority portion of the Saddle Gold Deposit, and has a 1.5% production royalty on the Emigrant Springs Deposit, both located in Elko County, Nevada.

Premier Gold Mines has closed its previously announced acquisition of Saddle Gold.

Saddle Gold owns the mineral rights and a majority portion of the Saddle Gold Deposit, and has a 1.5% production royalty on the Emigrant Springs Deposit, both located in Elko County, Nevada.

Coalspur Mines has entered into an agreement for the acquisition of six coal leases held by a private Canadian corporation in Alberta, Canada.

The leases are contiguous with the existing Hinton Coal Project and contain a coal resource of 438 million tons with an associated mine permit.

New Dawn Mining has acquired almost 90% of Central African Gold, owner of an extensive portfolio of gold mining assets and operations in Zimbabwe.

African Consolidated has signed a joint venture agreement with Australia-based private exploration company Rare Earth International for mineral exploration of the project in Nkombwa Hill, Zambia.