Bakken Resources, Inc. (OTCQX: BKKN) announced its Idaho minerals lease.  The Company filed both and 8K and issued a full press release covering this. At the end of the day shares closed up 9.34% on light volume.

This is from that release, “…announces its entry into an Oil and Gas Lease for approximately 9,300 net mineral acres located in Idaho, as reported in the Company’s Current Report on Form 8-K filed today with the Securities and Exchange Commission.

“The Lease primarily relates to approximately 9,300 net mineral acres located in the Counties of Payette, Ada and Canyon in the State of Idaho. Per acre leasing terms are not disclosed, but are subject to the completion of title confirmation. Big Willow will receive royalties (amounts undisclosed) from the gross proceeds received in connection with the production of any oil, gas, liquid or gaseous hydrocarbons produced from the Property. Big Willow also retains a right to participate as up to a 15% working interest partner in any oil or gas well drilled on the Property.

Endeavour Mining Corporation (TSX:EDV) (ASX:EVR) (OTCQX:EDVMF) announced gold production of 228k ounces for the six month period ending June 30, 2014.  Quoting Neil Woodyer, the CEO, “Agbaou and Nzema are performing above expectations and Tabakoto is now positioned to have a strong second half of 2014 as we are ramping up ore production from the new Segala underground mine.  With the solid performance from our mines so far this year, we consider that we will be at the upper end of our 400,000 to 440,000 ounce gold production guidance range for 2014.  Cash cost and AISC per ounce will be reported in the Q2 2014 financial results to be released in August.  However, it is expected that the AISC per ounce for Q2 2014 will be improved as compared to $1,059/oz in Q1 2014.”

Shares were up less than a percent on the OTC Markets. Trading in Canada, the stock was down one cent, closing at $0.88.

The most interesting press release of the day came is a release that featured both Santa Fe Gold (OTCBB: SFEG) and Canarc Resource Corp. (TSX: CCM) (OTCBB: CRCUF). Let’s look at the details as published:

Santa Fe Gold Corporation (“Santa Fe”) (OTCBB: SFEG) and Canarc Resource Corp. (“Canarc”) (TSX: CCM) (OTCBB: CRCUF) are pleased to announce the execution of a strategic share exchange agreement (the “Agreement”) pursuant to which Santa Fe will issue 66,000,000 shares of its common stock to Canarc and Canarc will issue 33,000,000 of its common shares to Santa Fe (the “Share Exchange”). Upon consummation of the Share Exchange, Santa Fe will own approximately 17 percent of Canarc’s outstanding shares and Canarc will own approximately 34 percent of Santa Fe’s outstanding common shares.

The purpose of the Share Exchange is to facilitate a significant turnaround for Santa Fe and a material new opportunity for Canarc driven by the appointment of Canarc nominees to the Santa Fe management team and Board of Directors, the re-capitalization of Santa Fe, the re-structuring of Santa Fe secured debt and re-development of its Summit gold-silver mine in New Mexico to production while preserving Santa Fe’s net operating loss carry-forwards totaling in excess of $78 million. The Agreement contains representations, warranties, conditions and covenants of the parties customary for transactions of this type.