CROWFLIGHT MINERALS INC. announced that, as of June 1, 2009, it has achieved commercial production at its wholly-owned Bucko Lake Nickel Mine (Bucko) located in the Thompson Nickel Belt near Wabowden, Manitoba (commercial production being defined as throughput greater than 60% of mill nameplate capacity). Initial production at Bucko commenced during December 2008 and the first shipment of nickel concentrate...
CanAlaska Uranium Ltd. announce that it has entered into a Memorandum of Understanding with East Nickel Mining Inc. to undertake joint exploration for uranium on its 100%-owned North East Wollaston Project. As outlined in the MOU, ERI may earn a 40% interest in the Project by undertaking a minimum of 100,000 metres of diamond drilling within 5 years. ERI may earn a 70% interest in the Project by undertaking...
CROWFLIGHT MINERALS INC. announce it has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX). The listing is conditional on the Company providing certain documents to the Exchange. Following graduation, the common shares of the Company will continue to trade under the stock symbol CML. Commented Mike Hoffman, President and CEO of Crowflight, “We feel that...
VMS Ventures Inc. announce that it has signed a Letter of Intent (“LOI”) outlining terms and conditions to acquire a 100% interest in the Dunlop Reed Lake Claims from W. Bruce Dunlop Ltd.. The Dunlop Reed Lake claims are currently subject to an Option Agreement between the Company and the Vendor dated August 1, 2006 and amended November 1, 2007. The LOI has the following terms and conditions. The...
The Board of Mustang Minerals Corp. announce an agreement to explore the East Bull Lake Project, 80km west of Sudbury in Ontario, Canada. Western Areas can earn a 65% interest in the project from Mustang Minerals by funding up to C$4.5M in two stages over five years. The project includes net smelter royalty interests. The main purpose of the joint venture is to drill out a number of high quality nickel-copper-platinum...
Gossan Resources Limited has been advised by Marathon PGM Corporation (“Marathon”), that it has expended in excess of $3 million on the Bird River Project and that Marathon will trigger formation of a 50:50 joint venture on the Project by making a further $400,000 cash payment to Gossan. Marathon also advised that it has acquired the Ore Fault Property (“OFP”) from Bird River...
Marathon PGM Corporation announce that it has acquired the Ore Fault Property (“OFP”) from Bird River Mines Inc (CNQ:BRMI). The OFP consists of 19 claims which cover 446 hectares and is located at the eastern margin of Marathon’s Bird River Project, which is under option from Gossan Resources (GSS:TSX.V). The Gossan portion of the Bird River Project consists of 65 claims which cover...
The Board of Directors of Mustang Minerals Corp. is pleased to announce the appointment of Ian Ward P.Eng as Senior Vice President of Mustang. Mr. Ward’s primary role, commencing in September 2008 will be to oversee the completion of a positive feasibility study for the Maskwa Nickel Project located near Lac du Bonnet Manitoba, and subsequently to drive the project financing and development effort. Ian...
Independent Nickel Corp. announced that it has agreed to terms of a $14 million financing with a private company in the Hunter Dickinson group. Under the terms of the financing, Hunter Dickinson will subscribe for 40,000,000 Units of Independent Nickel at $0.35 per Unit, for gross proceeds of $14,000,000, on a non-brokered basis. Each Unit will consist of one common share of Independent Nickel and...
Minco Silver Corporation is pleased to announce that Mr. Christopher Zahovskis has been appointed as Chief Operating Officer for Minco Silver. Mr. Zahovskis will be based at the Head Office in Vancouver, Canada and will be responsible for the day-to-day operations of the Company. Mr. Zahovskis graduated from Queen’s University, Canada, with an Honors B.Sc. in Mining Engineering. He brings over...