Millrock Resources Inc. ("Millrock") announces that First Quantum Minerals has elected not to renew its option to acquire a joint venture interest in the Alaska Peninsula property. No mineralization of significance was discovered in drilling at the Mallard Duck Bay prospect. Mineralization intersected at the Dry Creek prospect, while highly anomalous, was not strong enough to encourage further drilling. Millrock is discussing an extension of the option to lease agreement concerning the lands with the underlying subsurface land owner, Bristol Bay Native Corporation.
New Colombia Resources, Inc. ("New Colombia or the 'Company"), a U.S. company with specialty metallurgical coal, raw building materials, medical marijuana, and hemp assets, is pleased to announce the filing of their Work Plan to process aggregates, identified in Colombia as the Plan de Trabajo y Obra (PTO), on January 25, 2016. This 200-page document has File # 2016-14-637 with the Agencia Nacional de Mineria.
Esmeralda Minerals LLC, a wholly-owned subsidiary of Pure Energy Minerals Limited is pleased to announce that, based on the progress to date, the Department of Energy (DOE) has released the remaining funding for its collaboration with SRI International, a research and innovation center, to develop novel cost-effective methods for lithium extraction from geothermal brines.
Saturn Minerals Inc. ("Saturn" or the "Company") is pleased to announce that its oil exploration well 9A-5-44-8w2 has reached a vertical depth of 583 meters. Formation tops were confirmed and correlated to the sequence stratigraphy with the Company's known geophysical data where formations requiring additional wellbore integrity have been identified. Significantly, the Company has identified the dense anhydritic cap of the Lower Interlake.
The management of Vanstar Mining Resources Inc. ("Vanstar") announces the resumption of drilling on the Nelligan project, located in the Chibougamau-Chapais area, in Northwest Québec, Canada. This first campaign of 2016 will consist of 2,500 to 4,000 metres of drilling under the supervision of its partner IAMGOLD Corporation ("IAMGOLD"). The drill holes will test certain structural and geophysical (IP) anomalies as well as lateral and in-depth extensions of the Liam and Dan zones.
Goldbelt Empires Limited (the "Company" or "Goldbelt Empires") announces the achievement of a key exploration milestone, and encouraging results, from new geophysical data now processed. The data was acquired as part of Goldbelt's recently completed airborne magnetic and radiometric survey over the Company's South Morila gold concession area in Mali, West Africa.
Forum Uranium Corp. ("Forum" or the "Company") is pleased to update shareholders with a review of the Company's corporate activities and exploration plans for 2016. Forum holds an extensive portfolio of near surface uranium exploration projects in Canada's Athabasca Basin.
Great Lakes Graphite Inc. ("GLK" or the "Company") today announced that the Ontario Ministry of the Environment has approved an amendment to the Air/Noise permit for the Matheson Micronization Facility, located in Matheson, Ontario, Canada. The Company is now fully permitted and has all required approvals from the Ontario government to begin operation at the facility. Since project work began in early 2015, the Company has worked closely with the Ontario government, local aboriginal communities and the surrounding local community of Matheson. The Company intends to continue this effective approach as it moves into production at the facility.
TerraX Minerals Inc. announces that it has entered into a purchase agreement with two arm's length parties for the purchase of two mining claims totaling 235 hectares (2.35 sq km) that will be incorporated into TerraX's Yellowknife City Gold Project.
Alabama Graphite Corp. is pleased to provide the following results from downstream lithium-ion battery tests recently performed on the Company's Coated Spherical Purified Graphite that was produced from flake graphite obtained from the Company's Coosa Graphite Project.
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