Pele Mountain Enters Agreement to Sell Attawapiskat River Diamond Project to KWG Resources

July 14, 2006 Filed Under: Diamond Mining, Mining Services  

Pele Mountain Resources (TSX Venture:GEM) (“Pele” or the “Company”) announced today that it has entered into an agreement with KWG Resources Inc. (TSX Venture:KWG) (“KWG”) to sell its Attawapiskat River Diamond Project (the “Project”) to KWG. The Attawapiskat River project is comprised of 47 mining claims covering more than 25,000 acres in the James Bay...