Palladium Investing News

Franconia Minerals update

Researcher — Thu, 11 Mar 2010 04:58:30 +0000

Franconia Minerals Corp. (TSX:FRA) reported that, subject to receipt of the necessary disinterested shareholder approval, the company will adjust the terms of 3,667,626 warrants issued following the brokered private placement financing that closed on April 13, 2007.

The press release is quoted as saying:

Franconia is currently focused on the development of the Birch Lake copper-nickel-platinum-palladium project – consisting of the Birch Lake, Maturi and Spruce Road deposits – in the highly prospective Duluth complex in northeastern Minnesota.

Click here to access the entire press release

Click here to access Franconia Minerals Corporate Site

Colossus Minerals:Environmental License approved for Serra Pelada

Researcher — Tue, 09 Mar 2010 18:21:19 +0000

Colossus Minerals Inc. (TSX:CSI) reported that a Preliminary Environmental License has been issued for the Serra Pelada Project held by Serra Pelada Companhia de Desenvolvimento Mineral a joint venture company controlled by Colossus and of which COOMIGASP (Cooperative de Mineração dos Garimpeiros de Serra Pelada) is the minority shareholder.

The press release is quoted as saying:

Colossus is a minerals development company focused on the Serra Pelada high-grade gold-platinum-palladium project in Para State of Brazil.

Click here to access the entire press release

Click here to access Colossus Minerals Corporate Site

Golden Chalice Resources Provides Project Updates

Researcher — Mon, 08 Mar 2010 19:04:14 +0000

Golden Chalice Resources Inc. (TSX VENTURE:GCR) provided updates on a number of its priority exploration projects.

The press release is quoted as saying:

Drilling has commenced its 100% owned Langmuir Nickel/Platinum/Palladium project, located 35 km southeast of Timmins, Ontario. On February 4, 2010 the Company announced it had commissioned a NI 43-101 resource estimate on its flagship Langmuir Nickel/Platinum/Palladium Project where 2007 drilling intersected 72 meters of 1.14% nickel. The Langmuir Project is easily accessible by road and is near existing mining infrastructure in the Timmins camp, host to numerous world-class gold and base metal deposits. The Company owns 100% of the property which covers more than 30 km of favorable stratigraphy with potential for hosting Kambalda-style deposits.

Click here to access the entire press release

Click here to access Golden Chalice Resource Corporate Site

Investing in Palladium

Researcher — Fri, 05 Mar 2010 17:37:56 +0000

Precious-metals-investing.com reported that Palladium may be the 21st Century Investment:

Palladium is prized for jewelry and already is in high demand for use in auto catalytic converters. Many gold, silver and platinum investors also buy palladium.

Click here to access the entire Editorial

Goldbrook Receives Initial Funding for 2010 Exploration Program

Researcher — Thu, 04 Mar 2010 20:49:26 +0000

Goldbrook Ventures Inc. (TSX VENTURE:GBK) reported that the company has received initial funding of $3,000,000 for the 2010 exploration program from Jilin Jien Nickel Industry Co., Ltd. of Panshi, Jilin, China.

The press release is quoted as saying:

This year’s planned exploration program will include up to 25,000 metres of diamond drilling in addition to a regional mapping program, geochemical surveys and ground geophysical surveys. This program will follow-up on the highly successful previous programs of the last several years, which resulted in discoveries of extensive nickel sulphides at the Mystery and Timtu zones and other priority drill targets across the property. Exploration program funding in 2010, which is planned to be in excess of $17,500,000 plus received government rebates, will also test new and positive results from previous geophysical, geological, remote sensing and other work to better define the Ni-Cu-Co-PGE sulphide potential within Goldbrook’s extensive Raglan Nickel Belt property holdings.

Click here to access the entire press release

Click here to access Goldbrook Ventures Corporate Site

Franconia Minerals Begins Drill Program at Its Birch Lake Project

Researcher — Thu, 04 Mar 2010 20:38:27 +0000

Franconia Minerals Corporation (TSX:FRA) reported that the company has initiated a new core-drilling program at its Birch Lake copper-nickel-PGM project in the highly prospective Duluth Complex in northeastern Minnesota.

The press release is quoted as saying:

The results from this latest round of drilling will also be used for pre-feasibility work to examine the potential of building a 20,000-tonne-per-day underground mine and production facility at the Birch Lake deposit.

Click here to access the entire press release

Click here to access Franconia Minerals Corporate Site

Golden Chalice Resources update

Researcher — Thu, 04 Mar 2010 00:12:19 +0000

Golden Chalice Resources Inc. (TSX VENTURE:GCR) reported that the company has engaged the services of Micon International Ltd. to initiate a property of merit National Instrument 43-101 compliant report on its wholly-owned Radio Hill Iron-Ore project, the western extension of the Company’s Timmins West property.

The press release is quoted as saying:

On February 4, 2010 the Company announced it had also commissioned a NI 43-101 resource estimate on its flagship Langmuir Nickel/Platinum/Palladium Project where 2007 drilling intersected 72 meters of 1.14% nickel.

Click here to access the entire press release

Click here to access Golden Chalice Corporate Site

Melkior Resources updates on Drilling Eldorado

Researcher — Thu, 04 Mar 2010 00:07:05 +0000

Melkior Resources Inc. (TSX VENTURE:MKR) reported that the company has begun line cutting and ground geophysical surveying on seven grids designed to cover 9 separate electromagnetic conductors on its 100% owned Eldorado nickel property.

The press release is quoted as saying:

Melkior is a junior exploration company with active exploration projects in West Timmins and the Mc Faulds “Ring of Fire” areas of Ontario. Melkior also holds a 49% interest in the Delta Kenty nickel-copper-platinum-palladium deposit in Ungava and has several other gold properties in Ontario and Quebec.

Click here to access the entire press release

Click here to access Melkior Resources Corporate Site

Gold Canyon Appoints Investor Relations Consultant

Researcher — Wed, 03 Mar 2010 03:21:52 +0000

Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) reporetd that, subject to regulatory approval, it has retained the services of Leo Karabelas of Frontline Communications of Toronto, Ontario, to provide various investor relations consulting services for, and on behalf of, the Company in connection with Gold Canyon’s interactions with media, broker-dealers, securities advisors, investment funds and members of the investment community.

The press release is quoted as saying:

Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The Company controls a 100% interest in the Springpole Gold – Horseshoe Island Gold, Platinum, Palladium Project and Favourable Lake Poly-metallic property currently under option to Shoreham Resources Inc. pursuant to an option and joint venture agreement entered into in December 2005 – all in the Red Lake Mining District of Ontario, Canada.

Click here to access the entire press release

Click here to access Gold Canyon Resources Corporate Site

Colossus Minerals

Researcher — Tue, 02 Mar 2010 03:26:16 +0000

Colossus Minerals Inc.(TSX:CSI) reported that subsequent to the Company’s press release issued on February 26, 2010, there have been numerous publications stating that the vote by COEMA (Conselho Estadual de Meio Ambiente) to grant an environmental license for the Company’s Serra Pelada project was passed by a margin of 8 to 2.

The press release is quoted as saying:

Colossus is a minerals development company focused on the Serra Pelada high-grade gold-platinum-palladium project in Para State of Brazil.

Click here to access the entire press release

Click here to access Colossus Minerals Corporate Site