Century Iron Mines Corporation ("Century"), through Labec Century Iron Ore Inc. ("Labec Century"), a joint venture with WISCO International Resources Development & Investment Limited ("WISCO"), is pleased to announce the filing on SEDAR of the National Instrument 43-101 compliant technical report ("Report") summarizing the results of the feasibility study for the Joyce Lake Direct Shipping Ore ("DSO") Project of the Attikamagen Property, Labrador ("FS").
Fairmont Resources Inc. ("Fairmont") announces that it has completed the first blast on the Buttercup Property. This blast was designed to collect additional dense aggregate for customer testing. Most of the material collected in channel sampling for customer testing has now been used, with another 200 kg recently being sent to a large private Canadian Industrial Minerals Company ("CIMC") for dense aggregate testing.
PAPUAN PRECIOUS METALS CORP. (the "Company") is pleased to announce that it has entered into a letter of agreement to form a joint venture with Juniper Capital Partners Limited to acquire a 25% carried interest in the highly strategic Wadi Sawawin Iron Ore project in Saudi Arabia.
New Millennium Iron Corp. announced today that Tata Steel Minerals Canada Limited, in which NML has a 20% interest, has acquired the remaining 49% interest TSMC does not already own in the Howse Joint Venture, for a total cash consideration of $5 million, by exercising its rights under the terms of the Joint Venture Agreement entered into in September 2013 with Labrador Iron Mines Holdings Limited ("LIM") for the exploration and development of the Howse iron ore deposit in the Schefferville region of the Labrador Trough in Canada.
Noront Resources Ltd. ("Noront") has entered into an agreement to acquire, among other things, the shares of Cliffs Chromite Ontario Inc. ("CCOI") and Cliffs Chromite Far North Inc. ("CCFNI"), both indirect wholly owned subsidiaries of Cliffs Natural Resources Inc. ("Cliffs"), which hold mining claims in the Ring of Fire mining district, for an acquisition price of US$20 million (the "Transaction").
PAPUAN PRECIOUS METALS CORP. (the "Company") is pleased to announce that it will advance US$100,000 as a deposit on an agreement to form a joint venture with Singapore based Juniper Capital Partners to acquire a 50% interest in a large Iron Ore project.
Mindoro Resources Ltd. today announced that Agata Mining Ventures Inc. ("AMVI"), a joint venture company in which Mindoro holds a 40% interest, completed its sixth and seventh shipments of high-iron/low nickel direct shipping ore ("DSO") in January and February 2015 from its Agata DSO operations located in northern Mindanao, the Philippines.
Fairmont Resources Inc. announces that it has received the acceptance of the TSX Venture Exchange of its option agreement with three prospectors (the "Optionor") to acquire a 100% interest in the Forestville and Baie-Comeau Quartzite properties (the "Properties"). Accordingly, Fairmont (the "Optionee") has issued to the Optionor 500,000 shares and paid the Optionor $6,000.
TVI Pacific Inc. ("TVI" or "the Company") and TVI's Philippine affiliate, TVI Resource Development (Phils.), Inc. ("TVIRD"), have announced that Agata Mining Ventures Inc. ("AMVI"), a joint venture company in which TVIRD holds a 60% interest and is the operator, completed one shipment of high-iron/low nickel direct shipping ore ("DSO") for gross proceeds of US$615,000 in January 2015 from its Agata DSO operations located in northern Mindanao, the Philippines. This represents the sixth shipment completed by AMVI since operations commenced in October 2014.
Canadian Metals Inc. ( The "Corporation") is pleased to announce has mandated the company ELECTROCHEM TECHNOLOGIES & MATERIALS INC. for identifying, qualifying and supervising several R&D facilities worldwide. The targeted world class institutions will have to provide installations for the semi-pilot and pilot scale production of ferrosilicon.
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