Loreto Resources Corporation to Purchase Minera Huallanca S.A.

Loreto Resources Corporation announce that it has entered into a nonbinding agreement to acquire 100% of the outstanding common shares of Minera Huallanca S.A., a Peruvian company. Huallanca, based in Lima, Peru, currently produces zinc, lead, copper, and silver in concentrate form. During 2008, it operated 2 mines at a combined run rate of 500,000 metric tons of mined ore. The company also has several... 

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Apogee Awards Contract for Scoping Study on High Grade Pulacayo Silver-Lead-Zinc Deposit, Bolivia

Apogee Minerals Ltd. announce that Micon International Limited has been awarded a contract to complete the scoping study on the Pulacayo deposit, located at Pulacayo, southwest Bolivia. Apogee has reviewed proposals from various engineering firms for the completion of the Study and ultimately selected Micon. The Study will focus on two possible production scenarios to determine the optimal approach... 

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Franklin Resumes Phase I Operations at Bolivia’s Escala Mine Joint-Venture

Franklin Mining, Inc. CEO William Petty said the company has received funding necessary to resume operations at the Escala Mine effective May 1, 2009. Phase I operations at Franklin’s Escala Mine joint-venture are set to be underway at the end of this week including the delivery of stockpiled ore for processing at nearby plants. Revenues recorded in 2009’s first quarter will be minimal;... 

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Franklin Mining, Inc. Announces Escala Mine Operations to Include Gold

Franklin Mining, Inc. Chairman and CEO William Petty has arrived in Santa Cruz, Bolivia as the Escala Mine expands operations to include gold. “With the Escala’s silver recovery underway, Franklin management is now focused on expanding operations to include gold,” said Mr. Petty. “Equipment and technologies available today will allow us to quickly and efficiently expand our... 

Coeurs Palmarejo Project Commences Crushing Activities

Coeur d’Alene Mines Corporation announce that crushing activities have begun and construction activities are proceeding on schedule and on budget at its major Palmarejo silver and gold project in Mexico. The mine has successfully operated the crusher, an important milestone in completion of the construction of the processing facilities at Palmarejo. In addition, commencement of silver and gold production... 

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Escala Joint-Venture Capital Equipment Plan Ahead of Schedule

Franklin Mining, Inc. Chairman and CEO William Petty has confirmed that the company’s Bolivian joint-venture mining project anticipates accepting delivery of the first of several trucks during the week of November 24, 2008. Additional units will be received in following weeks. Manufactured by Volvo, fifteen ton trucks will be used to transport the Escala’s stockpiled mined material to a... 

E-MetaVenture Joins Franklin Mining on GTL Project

Franklin Mining, Inc. Chairman and CEO William A. Petty is pleased to announce that E-MetaVenture, Inc. has joined Franklin in the capacity of advisor on technical and commercial matters as related to GTL, CTL, and other related gas processing technologies. “E-MetaVenture, Inc, Houston, Texas provides independent consulting, design, and training services to the refining, gas processing and allied... 

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Franklin CEO Discusses Capital Financing Options for Mining and Energy Projects

Franklin Mining, Inc. Chairman and CEO William Petty released a special edition of his October 2008 Memo to Shareholders on Sunday, October 19, 2008. Discussing capital financing options available for Franklin’s mine operation in Bolivia and pending GTL agreement in Argentina, Mr. Petty has advised shareholders that he has multiple options for each project. With its previously announced $1.6... 

Orvana Enters Into A Second Minerals Lease At Its Copperwood Project In Michigan-Environmental Studies Commence

Orvana Minerals Corp. announce that its wholly-owned subsidiary, Orvana Resources US Corp., has entered into a second minerals lease and a second exclusive option to lease in respect of areas of the “Western Syncline” in the Upper Peninsula of Michigan. The leased area is referred to as the Copperwood Project. The Copperwood Project is located about 30 kilometers southwest of the now-closed... 

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South American Silver Corp. Reports Successful Extraction of Indium From Leach Solutions at Malku Khota

South American Silver Corp., reported that tests at SGS Lakefield, Ontario have successfully recovered 99.2% of the indium from the acid chloride leach solution into an aluminous cement. The Company believes that this would be a saleable indium product. Ralph Fitch, President of the Company stated “This is an important result for the project as it demonstrates very high recoveries of indium,... 

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