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
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
TORONTO, ONTARIO — (Marketwire) — 10/16/12 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") today announced the arrival of two drill rigs and the commencement of a 6,500-metre 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
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
PERTH, AUSTRALIA — (Marketwire) — 06/29/12 — Researched by Industrial Info Resources (Perth, Australia) — While the majority of the world-s developed economies continue to struggle in the aftermath of the global financial crisis, which many commentators believe continues today, the has continued to flourish, especially in Australia. With record commodity prices, particularly for iron ore, coal and gold, the world-s biggest miners, including (NYSE:BHP) (Melbourne, Australia) and (NYSE:RIO)
PERTH, WESTERN AUSTRALIA — (Marketwire) — 08/14/11 — Minerals gains full control of world-s .Greenland Minerals and Energy Limited (ASX: GGG) ("GMEL" or "the Company") has with Westrip Holdings ("Westrip") and Rimbal Pty Ltd ("Rimbal") to acquire the outstanding 39% of the exploration license (EL 2010/02) over the northern Ilimaussaq Complex in Greenland that contains the Kvanefjeld deposit (, , zinc) and nearby satellite deposits; namely Zones 2 an
DENVER, CO — (Marketwire) — 07/28/11 — Although near-term demand is expected to decline as the nuclear power industry re-evaluates future growth following the Fukushima nuclear crisis in Japan, there exists a potential opportunity for uranium producers, according to industry analyst .Uranium from secondary sources, which today provide about 40 percent of total uranium supply, is expected to drop dramatically to less than 40 million pounds uranium oxide (U3O8) by 2014, as a US-Russian agree
DENVER, CO — (Marketwire) — 07/27/11 — Although near-term uranium demand is expected to decline as the nuclear power industry re-evaluates future growth following the Fukushima nuclear crisis in Japan, there exists a potential opportunity for uranium producers, according to industry analyst .Uranium demand from secondary sources, which today provide about 40 percent of total uranium supply, is expected to drop dramatically to less than 40 million pounds uranium oxide (U3O8) by 2014, as a US
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/26/11 — Hathor Exploration Limited (HAT: TSX) is pleased to announce assay results from drill hole MWNE-11-700, the first complete set of drill hole assays received from the ongoing 2011 summer drill program at the Company-s Roughrider project in the Athabasca Basin, Saskatchewan. Based on the success of drilling to date, the program, originally planned for 7,500 m to be completed over six weeks, has been extended to target 10,000 metres and is
