Archive for May, 2010

Valencia Announces Right to Acquire Global Rare Earth Project Portfolio

Valencia Ventures Inc. (TSX VENTURE:VVI) reported that the company has entered into three assumption agreements with a private Ontario company to acquire three sets of property claim blocks: the Diana Project in Northern Quebec; the Carb Lake, Schryburt Lake and Lawashi River properties in Ontario; and the Sao Gotardo project in Brazil.

Field Program Announced For Eden Rare-Earth Project

Medallion Resources reports that the first-phase exploration program at the Eden Rare-Earth project has been finalized. The program will be overseen by Hamid Mumin, PhD, PGeo, PEng. Dr Mumin, Medallion’s consultant and a recognized expert on the Eden rare-earth-element (REE) occurrences, has written and published numerous studies of the Eden Lake REE-bearing carbonatite intrusions since he discovered [...]

Cornerstone Options New Brunswick REE Property

Cornerstone Capital Resources Inc. (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (PINK SHEETS:CTNXF) reported that the company has signed an option agreement with Great Western Minerals Group Ltd. (TSXV-GWG) for its 200 claim Chaleur East property in northern New Brunswick.

Bolero Resources Corp.: Extensive Rare Earth Work Program Now Underway

Bolero Resources Corp. (TSX VENTURE:BRU), (FRANKFURT:U7N1) reported that work has now commenced on the “Carbonatite Syndicate Rare Earth Claim Group,” 80 km northeast of Prince George, BC. Mackevoy Geosciences Ltd. have established a base camp just East of Spectrum Mining’s “Wicheeda” Rare Earth discovery, that recently returned grades of 3.55% rare earth elements (“REE”) over 48.64 metres.