Pershimco Resources Inc.(TSX VENTURE:PRO)(FRANKFURT:BIZ) clarified that the resources and reserves disclosed in today’s earlier press release were provided by the Panamanian company, Minera Cerro Quema S.A. and are being retracted by the Corporation as non-compliant with Canadian regulations. The press release is quoted as saying: Pershimco Resources Inc. is a Canadian-based resource exploration corporation holding [...]
VVC EXPLORATION CORPORATION (TSX VENTURE:VVC)(FRANKFURT:V7S)(BERLIN:V7S) announced that Canadian Antimony Mine Inc. recently closed a transaction whereby all the shares of Beaver Brook Antimony Mines Inc. were sold to a third party. The press release is quoted as saying: VVC Exploration Corporation is a Canadian exploration company with projects in Mexico and Canada. This includes a [...]
Merrex Gold Inc. (TSX VENTURE:MXI) reported that TSX has accepted Chrysos acquisition of 50 % of Jubileee Zinc Project.The TSX has accepted for filing Chrysos Capital Corporation’s acquisition of Merrex’s Jubilee Zinc Project and other non-core exploration assets. The press release is quoted as saying: Chrysos has committed to funding the next phase diamond drilling [...]
Selwyn Resources Ltd. (TSX VENTURE:SWN) reported a non-brokered offering of up to $1,000,000 in Flow-Through common shares with one placee. The press release is quoted as saying: Selwyn’s focus is the exploration of its properties that make up the Selwyn Project in the Yukon, which hosts large tonnages of zinc-lead mineralization. The known deposits have [...]
Canadian Zinc Corporation (TSX:CZN)(OTCBB:CZICF) reported that the company has acquired 3.4 million shares of Zazu Metals Corporation representing approximately 11.1% Zazu’s outstanding shares, for a consideration of $650,000. The press release is quoted as saying: The Company’s principal focus is its efforts to advance the Prairie Creek Mine, a zinc/lead/silver property located in the Northwest [...]
Nuinsco Resources Limited (TSX:NWI) reported the closing of a further tranche of its non-brokered private placement for up to 22,222,222 units at a price of $0.09 per unit for gross proceeds of up to $2,000,000. The press release is quoted as saying: Nuinsco is a growth-oriented, multi-commodity mineral exploration and development company that is focused [...]
Nyrstar (NYR.BR), the world’s biggest producer of zinc, reported that the company is confident that steel prices will rise in 2010, as demand for galvanized steel picks up, particularly in emerging countries. The news release is quoted as saying: Nyrstar said in June it would expand into mining to complement its smelting operations, and has [...]
Messina Minerals Inc. (TSX VENTURE:MMI) reported that the company has received assays from drilling intersections of zinc-lead-copper-silver-gold enriched massive sulphide mineralization at the Haven Steady property in central Newfoundland, Canada. The press release is quoted as saying: Messina Minerals Inc. is a leading explorer for zinc-lead-copper-silver-gold massive sulphide deposits in Newfoundland, Canada on its extensive [...]
Zinccorp Resources Inc (TSX VENTURE:ZN) today announced that the company has received assay results from 122 rock samples and 4 silt samples collected during a 20-day work program at the Michelle Project in north-central Yukon Territory. The press release is quoted as saying: Zinccorp Resources Inc., a member of the Hughes Exploration Group of companies, [...]
Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) reported the guidance for the company’s wholly-owned operations in 2010. The press release is quoted as saying: Lundin Mining Corporation (“Lundin”, “Lundin Mining” or the “Company”) is a diversified base metals mining company with operations in Portugal, Spain and Sweden, producing copper, nickel, lead and zinc. Click here to access the [...]
Thursday, December 31, 2009