TORONTO, ONTARIO — (Marketwired) — 06/10/13 — Pele Mountain Resources Inc. (TSX VENTURE: GEM) (OTCQX: GOLDF) ("Pele" or the "Company") today announced an updated NI 43-101 Resource Estimate (the "Resource Estimate") for its Eco Ridge Mine Project in 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"
