SLAM Exploration Prospecting Rare Earth Minerals at Nash Creek

SLAM Exploration Ltd. announces it has mobilized a prospecting crew to explore for rare earth elements (“REE”) and follow up high levels of yttrium and phosphorus detected on its Nash Creek property in New Brunswick. SLAM has researched Provincial records and found a REE occurrence located approximately 2 km west of the yttrium-phosphorus soil anomalies within its extensive Nash Creek claim... 

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Blue Note Mining Closes $700,000 First Tranche Financing with the MineralFields Group

Blue Note Mining Inc. announce that it has closed the first tranche of the non-brokered private placement announced on September 10, 2009 through the sale of 3,500,000 Flow-Through Units (“FT Units”) at $0.20 per unit to the MineralFields Group for total gross proceeds of $700,000. Each FT Unit consists of one flow-through common share along with a full common share purchase warrant, each... 

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Blue Note Mining Mobilizes Drill Rig on Williams Brook Gold Property

Blue Note Mining Inc., a Canadian mineral exploration and mining company headquartered in Montreal with operations in Bathurst, New Brunswick reports that it has engaged Logan Drilling of Stewiacke, Nova Scotia, to begin a 10-hole drilling program on Blue Note’s Williams Brook Gold property located near Bathurst, New Brunswick. The aim of this drill campaign is to further define the grade, frequency... 

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El Nino Ventures options Bathurst project to Votorantim Metals Canada Inc.

El Nino Ventures Inc. announce that Votorantim Metals Canada Inc. (Votorantim) has elected to enter into a Memorandum of Understanding (MOU) with the Company concerning a geological due diligence and subsequent option Agreement whereby Votorantim may elect to earn up to a 70% interest in 1805 mineral claims in the Bathurst Mining Camp, New Brunswick, in which ELN owns 50% interest and Xstrata Canada... 

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Stratabound options Elmtree Gold Property in potential $3.7 million deal

Stratabound Minerals Corp. announce that it has entered into a three-year option agreement with Castle Resources Ltd. whereby Castle can acquire a 60% interest in Stratabound’s 100% owned Elmtree Gold Property by: - Spending $2,500,000 on drilling and exploration before June 1, 2012, including a minimum of $750,000 in each of the first two years - Paying Stratabound $100,000 and 200,000... 

Slam Exploration announces zinc – lead – silver resource at Nash Creek

SLAM Exploration Ltd. announces it has received a draft 43-101 Technical Report and resource estimate from Wardrop Engineering Inc. for its wholly-owned Nash Creek Project in New Brunswick. Using a 2% Zinc Equivalent cut-off and after mill recoveries are factored in, Wardrop estimates the Nash Creek deposit contains an indicated resource of 7,807,900 tonnes grading 2.72% zinc, 0.55% lead and 18.26... 

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Exploration Puma Purchase of Three Lots Over the Former Shaft Mine at the Nicholas-Denys Project

Puma Exploration Inc. has just bought the three private properties covering the site of the former mine facilities at its Nicholas-Denys project in New Brunswick. In fact, the Company has acquired three private lots with a total area of 14.6 hectares which also include the Shaft lens and the northern portion of the Hache lens. With this acquisition Puma becomes the sole owner of the surface rights... 

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Kria Resources Update on Business Combination with Beartooth Platinum

Kria Resources announces that it continues to work together with Beartooth Platinum to finish preparations of the management information circular relating to the proposed business combination of Beartooth and Kria. Beartooth expects to hold a shareholders’ meeting in or about the middle of March. The exact date will be announced once it has been established. As per Beartooth’s press release... 

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Great Western Minerals to Acquire Heavy Rare Earth Element Enriched Property in New Brunswick

Great Western Minerals Group Ltd. announce that it has entered into an option agreement with a third party to acquire a 100% working interest in a Rare Earth Elements property in the Province of New Brunswick, approximately 53 km east-northeast of the city of Bathurst. The agreement is subject to regulatory approval. This property is located in a mining-friendly jurisdiction, with excellent infrastructure... 

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Freewest Resources Announces Closing of $2,300,000 Private Placement

Freewest Resources Canada Inc. announces that it has completed a private placement by issuing an aggregate of 11,500,000 “flow-through” common shares to an investor from Ontario and seven limited partnerships associated with MineralFields Group of Toronto, Ontario at a price of $0.20 per share, for gross proceeds to Freewest of $2,300,000. Each share is accompanied by one-half of a common...