Pele Mountain Resources Inc. ("Pele" or the "Company") announced today that it has entered into a Memorandum of Understanding ("MOU") with Sheng Kang Ning (Shanghai) Mining Investment Co. Ltd., ("SKN") to jointly pursue the opportunity of developing rare earth processing facilities at Pele's Eco Ridge property in Elliot Lake, Ontario (the "Eco Ridge Property").
Trevali Mining Corporation ("Trevali" or the "Company") provides a status update on construction and mine re-start activities at its wholly-owned Caribou polymetallic mine and mill complex located in the Bathurst Mining Camp of northeastern New Brunswick, Canada.
Chilean Metals Inc. has completed the previously announced purchase of three mining concessions totalling 600 hectares (1,483 acres) near the Candelaria mine in Chile's Third Region from private Chilean owners. Under the terms of the agreement, CMX paid the vendors $50,000 USD in cash and issued 600,000 shares.
Olivut Resources Ltd. ("Olivut" or the "Company") is pleased to provide a funding and exploration update.
Columbus Copper Corporation ("Columbus Copper") announces that it has entered into a binding Letter of Intent ("LOI") with EnerGulf Resources Inc. ("EnerGulf") pursuant to which EnerGulf has conditionally agreed to acquire all of the outstanding common shares of Columbus Copper in exchange for 9,200,000 common shares of EnerGulf (the "Acquisition"). If successful, the Acquisition will likely be completed as a plan of arrangement under the Business Corporations Act (British Columbia).
Duran Ventures Inc. ("Duran" or the "Company") is pleased to announce that it has signed a non-binding memorandum of understanding ("MOU") with a private Peruvian company to design and establish a toll milling operation in Northern Peru.
Columbus Gold Corporation ("Columbus Gold") is pleased to provide a general update on activity at its 100%-owned Eastside Gold Project in Nevada.
Peregrine Diamonds Ltd. ("Peregrine" or "the Company") is pleased to announce that it has entered into an agreement to acquire all of the shares of Diamexstrat Botswana (Proprietary) Ltd. ("DES Botswana"), a privately held Botswana registered diamond exploration and development company, from Diamond Exploration Strategies Limited, a UK registered private company ("DES UK"). DES Botswana's primary assets are eight highly prospective diamond Prospecting Licences, covering 5,746 km2 in Botswana.
Arian Silver Corporation ("Arian Silver" or the "Company"), a silver exploration, development and mining company focused on silver projects in the silver belt of Zacatecas, Mexico, is pleased to report that first concentrate production has been achieved at its wholly-owned San José project.
Midway Gold Corp. celebrates the completion of a first gold pour yesterday at the Pan Mine in White Pine County, Nevada. Pan is the Company’s first producing mine and has advanced from permitting through construction in just over three years. Yesterday, 20 days after the introduction of cyanide, we poured approximately 100 ounces while commissioning the refinery. As previously indicated, our first production-scale pour, is still scheduled for Monday, March 30th.
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