Cliffs Natural Resources to Exercise Right of First Refusal and Acquire Partners’ 73.2% Interest in Wabush Mines

Cliffs Natural Resources Inc. announced that it plans to exercise its right of first refusal and acquire U.S. Steel Canada’s 44.6% interest and ArcelorMittal Dofasco’s 28.6% interest in the Wabush Mines joint venture. On Oct. 9, Consolidated Thompson Iron Mines Ltd. announced an agreement with Wabush Mines’ other two joint venture partners, U.S. Steel Canada (44.6%) and ArcelorMittal Dofasco... 

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Commerce Resources Corp. Exploring Eldor for its Rare Earth Potential

Commerce Resources Corp. report that it has initiated its summer field work program at the Eldor Project, located in the Labrador Trough area of northern Quebec, Canada. The program will include mapping, prospecting, and rock and trench sampling and is designed to test some of the areas that were identified in 2008 with high values of rare earth elements, tantalum and niobium as well as new prospective... 

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EagleRidge Minerals Ltd Begins 2009 Newfoundland and Labrador Exploration Program

EagleRidge Minerals Ltd. (ERM) is pleased to announce that field exploration crews have been mobilized from the Manitoba sites to the Newfoundland project sites. Field exploration work was performed on the Baie Verte area. The crews are now working on the St. Julien’s exploration project. Both project areas offer great opportunity for the discovery of gold and base metals mineralization. The... 

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Fronteer Reports 87.5% Uranium Recovery From Aurora’s Pilot Plant Testing

Aurora Energy Resources, a wholly owned subsidiary of Fronteer Development Group Inc., announce that pilot plant leaching and resin-in-pulp (“RIP”) extraction tests on the Michelin and Jacques Lake uranium deposits in Labrador (the “Michelin Project”) provide strong support for the project’s viability and production potential. Highlights from the pilot plant and bench... 

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Freeport Advances towards Feasibility at Hutton Garnet Beaches

Freeport Resources Inc., a junior mineral exploration company listed on the TSX Venture Exchange is advancing towards the feasibility study stage at its high grade Hutton Garnet Beaches project in Labrador, Canada. Permitting is in process for the 2009 bulk sample, and several governmental meetings were held in Newfoundland and Labrador last month to explain the proposal. The work is needed to confirm... 

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Nortec Ventures and Copper Mesa extend agreement

Further to the press release dated April 1, 2009, Nortec Ventures Corp. and Copper Mesa Mining Corporation have agreed to extend the closing of Nortec’s acquisition of a subsidiary of Copper Mesa until June 30, 2009 to complete due diligence. Under the extended agreement, Nortec will pay immediately to Copper Mesa US$90,000 and an additional US$70,000 on June 16, 2009. The US$1,100,000 payment... 

Labrador Iron Mines Stock Symbol Change to ‘LIM’

Labrador Iron Mines Holdings Limited announces that the Company’s stock symbol on the Toronto Stock Exchange will be changed to “LIM” effective the start of trading on May 6, 2009. At the time of the Company’s initial public offering in December 2007, the “LIM” trading symbol was not available. This new symbol, as identified in the Company’s logo, will align... 

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Crosshair & Target Agree to Combine to Create a Solid North American Uranium Asset Base

Crosshair Exploration & Mining Corp. and Target Exploration & Mining Corp. have entered into a Letter Agreement to combine their businesses to create a well-funded, low-cost, growth-oriented, uranium exploration and development company with a defined timeline to production in one of the most mining friendly jurisdictions in North America. The two companies have agreed to combine on the basis... 

Altius Signs Exploration and Royalty Agreement on Labrador Iron Ore Properties With Kennecott

Altius reports that it has signed an iron ore exploration and royalty agreement with Kennecott Canada Exploration Inc., a member of the Rio Tinto Group of companies. KCEI may earn a 51% interest in eight exploration licences owned by Altius that are located throughout the western Labrador iron ore mining district by reimbursing Altius for its costs to date and spending C$3,000,000 on or before the... 

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Crosshair Discovers New Uranium Zone

Crosshair Exploration & Mining Corp. report the discovery of a previously unidentified zone of uranium mineralization, referred to as the “Apollo Zone”, on its Central Mineral Belt (CMB) Uranium Project in Labrador. During the summer of 2008, follow-up prospecting of several anomalies identified in 2006 revealed significant uranium mineralization over a 500 meter (m) strike length....