Valencia Sells Interest in Cachinal Silver Project – Chile

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... 

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Valencia Ventures Settles Liabilities Relating to Jacobina Mine

Valencia Ventures Inc. announce that it has entered into an agreement with Yamana Gold Inc. regarding the release of the respective liabilities and obligations of Valencia and Yamana to each other in relation to the Jacobina mine. Valencia previously held an interest in the Jacobina mine that it sold to Desert Sun Mining Corp. Yamana purchased Desert Sun Mining Corp. in 2006 and continues to indirectly... 

Avion Resources Announces New Mining Strategy With Aim to Restart Production in Q1 2009 at the Segala and Tabakoto Gold Projects, Mali

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... 

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Valencia Completes Diamond Drilling, Resource Estimation in Progress for Cachinal Silver Project

Valencia Ventures Inc. is pleased to advise shareholders and prospective investors that diamond drilling has been completed at its Cachinal Silver Project in Chile. The program was designed to confirm twin high grade silver intersections previously indicated by reverse circulation drilling. This additional data will assist with completion of the resource estimation and NI43-101 report due shortly.... 

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Valencia Signs Letter of Intent to Acquire 100% of Chanarcillo Silver Property, Chile

Valencia Ventures Inc. is pleased to announce it has signed a Letter of Intent to acquire a 100% interest in the Chanarcillo bonanza-style silver property surrounding the Chanarcillo mine located in northern Chile from Compania Minera Calcia Ltda. (“Calcia”). Chanarcillo, one of Chile’s most important “epithermal bonanza-style” silver mines, is located some 750 km north...