latest news releases from the newsroom
Arasan Chip Systems, Inc.
Arasan Chip Systems Completes UNH Gigabit Ethernet Interoperability Testing
SAN JOSE, Calif., March 25, 2008 (PRIME NEWSWIRE) -- Arasan Chip Systems, Inc., "Arasan", a leader in Intellectual Property (IP) solutions - IP cores, Verification IP (VIP), Software drivers and stacks and Hardware solutions, announced today that its silicon proven Gigabit Ethernet IP solution has completed interoperability testing at the University of New Hampshire's Interoperability Lab (UNH IOL). Interoperability tests were preformed with Arasan's hardware development kit and software drivers, ensuring a "Total IP Solution".
New Jersey Mining Company
New Jersey Mining Company Forms Joint Venture With Newmont
KELLOGG, Idaho, March 25, 2008 (PRIME NEWSWIRE) -- New Jersey Mining Company (OTCBB:NJMC) is pleased to announce that it has signed a definitive agreement with Newmont North American Exploration Limited, a subsidiary of Newmont Mining Corporation (NYSE:NEM), under which the parties created a joint venture to explore for gold deposits within a 38 square mile area north of Murray, Idaho. The joint venture, known as the Toboggan Project, covers all of NJMC's mining claims within this area except the Niagara property. Under the terms of the agreement, Newmont can earn a 51% interest in the joint venture by spending $2,000,000 over three years. Newmont can increase its interest to 70% by spending an additional $10,000,000 or completing a feasibility study in the years four through seven, whichever comes first.