May 2016 - Page 2 of 3 - Bull Market News

Avarone Metals finishes auger program at Moab

May 25, 2016

AVARONE COMPLETES INITIAL 20 HOLE WORK PROGRAM ON ITS MOAB LITHIUM BRINE PROJECT Avarone Metals Inc. has successfully completed an initial subsurface short auger hole program to test brine sediments on its 100-per-cent-owned Moab lithium project in the Big Smoky Valley, Nevada. The geological team conducted a sediment-sampling program, which was completed by hand to test for the presence of lithium in the shallow soil system. Sampling was completed utilizing a grid with north-south and...

Coro Mining’s SCM Berta to acquire Salvadora project

May 18, 2016

CORO SUBSIDIARY OPTIONS SALVADORA COPPER PROJECT Coro Mining Corp.’s 65-per-cent-owned Chilean subsidiary, SCM Berta, has optioned the Salvadora copper project, located approximately 30 kilometres northwest of the Nora plant and 58 kilometres northeast of the port of Chanaral in the III region of Chile. Coro previously explored Salvadora under option in 2006 to 2007 including a reverse circulation drill program of 64 RC holes for 8,892 metres, with results reported on Sept. 20, 2007. A...

Alabama Graphite arranges $500,000 private placement

May 16, 2016

ALABAMA GRAPHITE CORP. ANNOUNCES PROPOSED NON-BROKERED PRIVATE PLACEMENT ADVANCING A BATTERY-GRADE GRAPHITE PROJECT IN THE UNITED STATES OF AMERICA Alabama Graphite Corp. is proposing to complete a non-brokered private placement of up to approximately 3,333,333 units at a price of 15 cents per unit for total gross proceeds to the company of up to approximately $500,000. Each Unit is comprised of one common share in the capital of the Company (each, a “Common Share”) and one Common...

Happy Creek options Silver Dollar to Explorex

May 14, 2016

Mr. David Blann of Happy Creek reports HAPPY CREEK OPTIONS SILVER DOLLAR PROPERTY TO EXPLOREX RESOURCES INC. Happy Creek Minerals Ltd. has granted an option to Explorex Resources Ltd. for the Silver Dollar property, located in the Camborne mining camp, approximately 45 kilometres southeast of Revelstoke, B.C. Under the terms of the option agreement, Explorex can earn a 100-per-cent interest in the property, subject to a 1-per-cent net smelter royalty retained by the company, by making the...