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Tag "elliot-lake"

John Wilkinson, Former Ontario Cabinet Minister, Joins Pele Mountain-s Board of Directors 0

TORONTO, ONTARIO — (Marketwired) — 11/27/13 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") is pleased to announce that Mr. John Wilkinson has joined Pele-s Board of Directors. Mr. Wilkinson served as a Cabinet Minister in the government of Ontario from 2007 to 2011.As Ontario-s first full-time Minister of Research & Innovation, he implemented the $1.6 Billion Ontario Innovation Agenda. Then, as Minister of Revenue, he success

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Emerging Uranium and Rare Earth Developer Achieves Major Resource Increase (Video Interview) 0

TORONTO, ONTARIO — (Marketwired) — 06/12/13 — Editors Note: There is a video associated with this press release.Al Shefsky, President and CEO of Pele Mountain Resources Inc. (-Pele-), (TSX VENTURE: GEM)(OTCQX: GOLDF) in an interview with Tracy Weslosky, Publisher of InvestorIntel.com starts: "We just put out a major increase in our 43-101 resources. It-s an exciting new development; the project just gets better and better."The interview was in response to the news release out earli

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Pele Mountain Prepares Updated Resource Estimate at Eco Ridge Mine Rare Earth and Uranium Project 0

TORONTO, ONTARIO — (Marketwired) — 04/03/13 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") announced today that it has retained Roscoe Postle Associates Inc. ("RPA") to prepare an update to the NI 43-101 mineral resource estimate for its Eco Ridge Mine Rare Earth and Uranium Project ("Eco Ridge") in Elliot Lake, Ontario. Pele has completed a positive Preliminary Economic Assessment ("PEA") for Eco Ri

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Pele Mountain Intersects Higher-Grade Uranium & Rare Earths; Discovers Wide Mineralized Zone in Step-Out Drilling at Eco Ridge 0

TORONTO, ONTARIO — (Marketwire) — 01/29/13 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") today announced additional results from the recent 13-hole drill program at its Eco Ridge Mine Rare Earths and Uranium Project at Elliot Lake, Ontario. Pele announced the initial results of the first seven holes of this program on . Pele has completed a positive Preliminary Economic Assessment ("PEA") for Eco Ridge that demonstrate

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Drilling Confirms Deposit Extension at Pele Mountain-s Eco Ridge Mine Rare Earth and Uranium Project 0

TORONTO, ONTARIO — (Marketwire) — 01/17/13 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") today announced initial results from the recent drill program at its Eco Ridge Mine Rare Earths and Uranium Project at Elliot Lake, Ontario. Pele has completed a positive Preliminary Economic Assessment ("PEA") for Eco Ridge that demonstrates its potential to become a profitable producer of rare earth oxides ("REO") and u

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Pele Mountain Sells Pigeon River Project to Zara Resources 0

TORONTO, ONTARIO — (Marketwire) — 01/08/13 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") is pleased to announce the execution of a definitive agreement whereby Pele will sell its Pigeon River project (the "Project") to Zara Resources Inc. (CNSX: ZRI) ("Zara") for a purchase price of $700,000 payable in Zara stock.Pele President and CEO Al Shefsky stated, "In order to better focus on advancing development

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Pele Mountain Achieves Processing Milestone: Mixed Rare Earth Concentrate and Yellow Cake Produced at Eco Ridge 0

TORONTO, ONTARIO — (Marketwire) — 10/24/12 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") announced today that its bench scale metallurgical testing program has achieved a significant milestone with the production of a mixed rare earth carbonate concentrate along with uranium oxide ("U3O8"), also known as yellow cake. The metallurgical testing is being conducted at Saskatchewan Research Council ("SRC") using H

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Pele Mountain Files Updated Preliminary Economic Assessment for Eco Ridge Mine Project, Presenting a Pathway to Renewed Production of Critical Rare Earths and Uranium at Elliot Lake, Ontario 0

TORONTO, ONTARIO — (Marketwire) — 07/04/12 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") today announced the filing of its updated NI 43-101 Preliminary Economic Assessment (the "PEA") on its Eco Ridge Mine Rare Earths and Uranium Project ("Eco Ridge" or the "Project"). The PEA was prepared by Roscoe Postle Associates Inc. ("RPA") and demonstrates that Eco Ridge has excellent potential to

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