Prominex Resource Corp. (TSXV:PXR) announced the cancelling of a private placement previously announced on November 8, 2012. The new Private Placement will offer 23,333,333 units at $0.015 for gross proceeds of up to $350,000.00. The Company intends to use the proceeds to further exploration programs at its Tulks Lake and Lake Bond properties.
Lithic Resources exploration project in Utah is the most Advanced and largest undeveloped Zinc Resource in continental USA with approximately 2.4 billion lbs of Zinc potential and the equivalent value in Copper, Gold, and Indium. (TSXV:LTH)
Avrupa Minerals Ltd. (TSXV:AVU) announced the discovery of a new polymetallic gossan zone on its Slivovo license. The Company recently acquired the Slivovo license in Kosovo in June 2012. Avrupa is currently applying for trenching permits for the new discovery which it expects will be granted in Q1, 2013.
Trevali Mining Corporation. (TSX:TV) announced entering into a US$20 million working capital facility to cover short-term capital and cash management at its Santander mine. The Company entered into the facility with its development partner Glencore International A.G. Trevali also announced entering into an off-take agreement with Glencore.
Zazu Metals in Joint venture with Teck Resource to develop l Zinc deposit in close proximity to Red Dog Zinc Mine
Prominex Resource Corp. (TSXV:PXR) is a base metal exploration and development company focused on the acquisition and evaluation of mineral projects with validated drilling results. Prominex is currently developing two projects in Newfoundland: the Tulks Hill and Bond Lake properties, both are host to historical base metal resources and both projects are being actively evaluated.
Prominex Resource Corp.(TSXV:PXR) announced cancelling its previously announced private placement. The Company came to this decision due to current market conditions.
Paragon Minerals Corporation(TSXV:PGR) announced entering into a definitive agreement with the Canadian Zinc Corporation. Under the terms of agreement, Canadian Zinc will acquire all Paragon’s outstanding common shares in exchange for common shares of Canadian Zinc.
Trevali Mining Corporation(TSX:TV) announced that it received the final assay from its 5,000 meter diamond drill program at the Stratmat deposit.
Trevali Mining Corporation(TSX:TV) announced receiving the permit to carry out an environmental impact study at its Santander mine. The permit was approved by the Peruvian General Bureau of Environmental Affairs.