ANDINA Minerals Inc. reports that it has commenced a search for a senior mine development professional to lead Andina as it advances economic studies on its 100% owned Volcan Gold Project located in Chile’s prolific Maricunga Gold Belt. With US$19.7 million in cash, Andina is well positioned, from a financial standpoint, to move the Volcan Gold Project forward. The Project hosts measured and...
Iron Creek Capital Corp. announces that the Company and Andina Minerals Inc. have signed a shareholders agreement governing their 50:50 ownership in the Pampa Buenos Aires Project in Chile. In consideration for its 50% interest, the Company has issued to Andina 525,000 common shares which have a four-month hold period ending on November 29, 2008. The Pampa Buenos Aires Project is a prospective property...
Northern Shield Resources Inc. is pleased to announce that Peter Walker has been appointed as a director of Northern Shield. Mr. Walker was the founder, President and CEO of Scandinavian Minerals Ltd., a public mineral exploration and development company listed on the Toronto Stock Exchange, from 1996 until its acquisition this summer by First Quantum Minerals Ltd. for in excess of $260 million. Mr...
Scandinavian Minerals Limited is pleased to announce that it has applied for the mining permit for its 100%-owned Kevitsa nickel-copper-PGE property in Finland. The permit has been submitted to the Finnish Ministry of Trade & Industry, which is the responsible authority for mine permitting in Finland. In the meantime, following the submission of its Environmental Impact Assessment in the summer...
First Nickel Inc. announced the appointment of Lyle R. Hepburn and Rob Whittall to its Board of Directors. Lyle R. Hepburn is a Partner in the law firm of Beach, Hepburn LLP. Since co-founding Beach, Hepburn LLP in 1985, Mr. Hepburn’s practice has been focused primarily on public mining and mineral exploration companies. Mr. Hepburn is a director of North Atlantic Resources Ltd., Gitennes Exploration...
Continental Precious Minerals Inc. is pleased to announce that the Inspectorate of Mines in Sweden has issued to Continental an additional 7 mineral exploration licences and that drilling on the Viken licence has commenced. Acquisition of Additional Licences The Company’s newly acquired licences are multi-metal sediment licences and are referred to by the Company as MMS (Narke) Licences. The...
Continental Precious Minerals Inc. (TSX VENTURE:CZQ – News; the “Company” or “Continental”) is pleased to announce that it has received permission from government authorities to drill on two of its mineral exploration licences in northern Sweden. The permission has been granted to commence drilling on the Guorbavare licence, being one of Continental’s hard rock uranium...
Scandinavian Minerals Limited (TSX: SGL) today reported results for the three months and nine months periods ended May 31, 2006, as well as an update on the pre-feasibility study for the Company’s 100%-owned Keivitsa, Finland, nickel-copper-PGE property. Quarterly Results The Company’s consolidated net loss for the three months ended May 31, 2006 was $165,000 or $0.01 per share compared...