Jaime S. Gomez, President of Produelec S.A., announces the sale of its Wellington mining operation and the transfer of the 3 mining concessions comprising the Wellington Project to Transoft Technologies, Inc.. TSTG has entered into a transaction whereby it will acquire 100% interest in Produelec’s flagship mining project, “The Wellington Project,” located in Ecuador, South America....
Oromonte Resources Inc. announces that it has implemented its previously approved share consolidation on a three for one basis (the “Consolidation”) and a name change to “Georox Resources Inc.” (the “Name Change”). The share consolidation and name change were approved at the Company’s Annual and Special Meeting of Shareholders held on June 30, 2008 with 86.9%...
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....