Valencia Ventures Inc. announced that it has entered into an agreement to sell up to a 100% interest in its Cachinal Silver Project, Chile to Apogee Minerals Ltd. Under terms of the Agreement, Apogee will purchase 75% of Valencia’s interest in the Property by paying $200,000 in cash and issuing 3 million units of Apogee where each unit will comprise one Apogee share and one Apogee warrant with...
Avion Resources Corp., announced that the Company’s Board of Directors have approved a new mining strategy for the Segala and Tabakoto gold projects, located in Mali, West Africa. The Company will focus on the Segala project during the first phase of the new mining strategy. Avion Resources plans to commence mining operations at Segala, which has a 43-101 compliant resource, with two years of...