Further to a release on May 28,2009, Lion Energy Corp. announces that it has received conditional acceptance from the TSX Venture Exchange for its farm-in agreement (the “Agreement”) with Africa Oil Corp. (“Africa Oil”), a member of the Lundin Group of Companies. Final Acceptance is subject to the confirmation of certain matters with the TSX Venture Exchange. The Agreement relates...
Raytec Metals Corp. has engaged the services of Kinetex Inc., a subsidiary of FirstGrowth-EDS, to conduct 2-D seismic work on its Saskatchewan KP441 potash claim in advance of a proposed phase one drill program. The Company recently received its exploration permits on the KP441 and KP452 potash claims, covering 91,549 acres, from the Saskatchewan Ministry of Energy and Mines. In June 2008, a NI43-101...
Raytec Metals Corp. is pleased to announce the receipt of its second exploration permit from the government of Saskatchewan on the Company’s KP452 Potash claim in south-central Saskatchewan. The KP452 exploration permit grants the Company the right to explore approximately 36,113 acres of prospective potash ground. The claim is located in the south-eastern portion of Saskatchewan’s Prairie...
Raytec Metals Corp. is pleased to provide an update on exploration work being carried out by its joint venture partner, Triex Minerals Corporation (“Triex”), on the Company’s Riverlake and Highrock uranium projects in the prolific Athabasca Basin of Saskatchewan. Riverlake and Highrock Uranium Projects – Triex Minerals JV As of April 2008, Triex has completed data collection...