Archive for September, 2010

Prophecy drills at Wellgreen, Yukon

Prophecy Resource Corp. (CVE:PCY) announced the results from holes 177 and 178 at Wellgreen PGM Ni-Cu-property in Yukon. Northern Platinum drilled holes 177–182 during the summer of 2010.

Victory Nickel Retains 100% of Mel Nickel Property

Victory Nickel Inc. (TSE:NI) announced that it has agreed with Vale Canada Limited that Vale’s right to earn back an interest in the Company’s Mel nickel property, located approximately 25 kilometres from Thompson, Manitoba, has now expired.

Kryso Resources PLC: Approval of Kryso Subscription Agreement

Kryso Resources plc (LON:KYS), the mineral exploration and development company with gold and nickel-copper projects in Tajikistan, is pleased to announce that pursuant to the conditional subscription agreement entered into on 27 July 2010 with China Nonferrous Metals Int’l Mining Co. Ltd., notification has been received that the Subscription Agreement has been approved by the shareholders of CNMIM.

Quaterra Provides Update on Two Alaska Properties

Quaterra Resources Inc. (CVE:QTA, NYSE Amex:QMM) updated on its Herbert Glacier gold property and Duke Island Cu-Ni-PGE project in Alaska, both financed and operated by Quaterra’s partners who can earn up to a 65% interest in each in terms of separate earn-in agreements.