KWG Resources Inc. announces that further to an agreement announced June 5, 2015, it will issue 4 million treasury shares at $0.025 to MacDonald Mines Exploration Ltd. to acquire the 5-claim Hornby Property.
Iberian Minerals Ltd. is pleased to report on the results of the high-resolution airborne magnetic survey on the Cehegin Iron Ore Project in Southeastern Spain, which was previously announced on April 20, 2015.
Vedanta Limited ('the Company') has received the relevant consent, license and approvals to commence the iron-ore mining operations in the State of Goa for some of its leases. The Company is likely to recommence operations from August 10, 2015 at its biggest mine at Codli in Sanguem taluka in Goa.
As at the end of April, overall engineering and procurement for Avanti Kitsault was approximately 60% complete. Engineering services have also been transitioned to DRA Taggart, which has initiated a Front End Engineering Design Study aimed at confirming engineering and procurement work done to-date.
CARTIER IRON CORP. ("Cartier Iron", or the "Company") is pleased to announce findings from metallurgical tests that have been directed towards establishing a base-case flow sheet for processing of material from the Lac Penguin deposit. This test work is being carried out by SGS Laboratories ("SGS") of Quebec (QC), as part of a Preliminary Economic Assessment of the Lac Penguin Project, which hosts an in-pit Inferred Resource of 531 million tonnes grading 33% Total Iron, at a 15% cut-off grade.
Iberian Minerals Ltd (the "Company") is pleased to announce that it has retained International Geophysical Technology, S.L. to conduct a high-resolution airborne magnetic survey on the Cehegin Iron Ore Project in Southeastern Spain.
Century Iron Mines Corporation ("Century"), through Labec Century Iron Ore Inc. ("Labec Century"), a joint venture with WISCO International Resources Development & Investment Limited ("WISCO"), is pleased to announce the filing on SEDAR of the National Instrument 43-101 compliant technical report ("Report") summarizing the results of the feasibility study for the Joyce Lake Direct Shipping Ore ("DSO") Project of the Attikamagen Property, Labrador ("FS").
Fairmont Resources Inc. ("Fairmont") announces that it has completed the first blast on the Buttercup Property. This blast was designed to collect additional dense aggregate for customer testing. Most of the material collected in channel sampling for customer testing has now been used, with another 200 kg recently being sent to a large private Canadian Industrial Minerals Company ("CIMC") for dense aggregate testing.
PAPUAN PRECIOUS METALS CORP. (the "Company") is pleased to announce that it has entered into a letter of agreement to form a joint venture with Juniper Capital Partners Limited to acquire a 25% carried interest in the highly strategic Wadi Sawawin Iron Ore project in Saudi Arabia.
New Millennium Iron Corp. announced today that Tata Steel Minerals Canada Limited, in which NML has a 20% interest, has acquired the remaining 49% interest TSMC does not already own in the Howse Joint Venture, for a total cash consideration of $5 million, by exercising its rights under the terms of the Joint Venture Agreement entered into in September 2013 with Labrador Iron Mines Holdings Limited ("LIM") for the exploration and development of the Howse iron ore deposit in the Schefferville region of the Labrador Trough in Canada.
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