ResourceX

No, we’re not in Kansas anymore, Toto, but we are at the scene of a whirlwind of activity along the southern margin of the Athabasca Basin, where Tribune Uranium Corp (TSX.V:TCB) has just begun drilling for uranium at its Botham Lake property.

. The Boards of Directors of both ACX and SGVL have unanimously approved a letter of intent in which ACX acquires all of the outstanding shares of SGVL in exchange for up to 30,000,000 ACX common shares, as per its October 31st press release.

Commerce Resources Corp. (TSX.V: CCE, FSE: D7H) has investors seeing double – in a good way. The company has just doubled the size of its Blue River property, located approximately 200km northeast of Kamloops, BC, by staking an additional 95 claims

Although Goldcliff has thus far focused on reporting drilling results from a few high-grade zones on the property, according to Sanders, Panorama Ridge in fact has substantial bulk tonnage, open pit potential.

Instead of running with risk in view of huge oil findings, the company maintains a conservative approach based on guaranteed opportunities and diversification on drill-ready or existing wells within Canada.

On Tuesday, Nov. 6 as ValGold Resources (TSX:VAL) announced that it had closed on its Honnold Corp. acquisition.

NioGold Mining (TSX.V:NOX) has just finished drilling over 10,000 metres of a planned 40,000 metre drill program on its wholly owned Marban Block property.

Yale Resources Ltd. (TSX.V: YLL), in an on-going sampling program at the La Verde Grande copper mine in north-western Mexico, has turned up skarn mineralization in an adit about 80 metres south of the main mine entrance.

The reason for the excitement at Linux Gold is apparent. Ester Lode is in the middle of the Fairbanks Gold District, a fairly prolific gold area in North America. Over 10 million oz. of gold have been recovered from placer mining alone since 1902.

All dreams, rumors, and other Fleetwood Mac references aside, Bayfield Ventures (TSX.V:BYV) really is at the “Edge of 17” as it gets set to drill its newly acquired parcel of land adjacent to Rainy River Resources’ (TSX.V:RR) #17 gold zone.