RENO, NEVADA– Jan. 27, 2012 - Western Lithium USA Corporation (TSX:WLC)(OTCQX:WLCDF) (“Western Lithium” or the “Company“) is pleased to announce the filing of the technical report (the “Technical Report“) for its Preliminary Feasibility Study on Stage 1 of the Kings Valley Lithium Project, the details of which were previously announced by the Company on December 14, 2011.
The Preliminary Feasibility Study was undertaken by a collaboration of independent industry specialist firms including Tetra Tech, Inc., Reserva International, LLC and K-UTEC AG Salt Technologies. The Technical Report was prepared in accordance with National Instrument 43-101 and Form 43-101F1 regulatory requirements (collectively, “NI 43-101“).
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The Preliminary Feasibility Study evaluates two scenarios: a startup scenario (“Case 1“) based on mining and processing ore at a design throughput rate of 2,100 tonnes per day (13,000 tonnes per annum lithium
TORONTO, ONTARIO– Jan. 27, 2012 - Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, February 17, 2012 to discuss its 2011 year-end results which will be announced after the close of markets on Thursday, February 16 and will be available at that time on its website www.fairfax.ca. The call, consisting of a presentation by the company followed by a question period, may be accessed at (800) 857-9641 (Canada and U.S.) or 1 (517) 308-9408 (International) with the passcode “Fairfax”.
CALGARY, ALBERTA– Jan. 27, 2012 - Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE) (BVC:CNEC) is pleased to provide an update of its development drilling program at its operated Rancho Hermoso Field located in the Llanos Basin of Colombia. The Corporation has completed the drilling and casing of the Rancho Hermoso 14 (“RH 14″) development well. The RH 14 well has been placed on permanent production from the Ubaque reservoir at a stabilized gross rate of 7,666 barrels of oil per day (“bopd”) (1,916 bopd net to Canacol). The RH 14 well encountered 125 feet (“ft”) of net oil pay within 5 different reservoir intervals, which include, from top to bottom, the C7, Mirador, Los Cuervos-Barco, Guadalupe, and Ubaque.
MONTREAL, QUEBEC– Jan. 27, 2012 - (TSX VENTURE:MAT)(OTCQX:MHREF) – Matamec will be hosting a conference call and webcast to discuss the PEA highlights concerning its Kipawa HREE deposit on Monday, January 30, 2012 beginning at 11:00 AM EST. Participants may join the call by dialing toll free 1-800-954-0629 or 1-416-981-9000 for local calls or calls from outside Canada and the United States. A live webcast of the call will be available through our website at: www.matamec.com. A copy of the presentation will be available on our website one hour prior to the webcast.
VANCOUVER, BRITISH COLUMBIA– Jan. 27, 2012 - Atacama Minerals Corp. (TSX VENTURE:AAM) (“Atacama” or “the Company”) is pleased to announce that effective at the market opening on January 30, 2012, the Company will commence trading on the TSX Venture Exchange under its new name, Sirocco Mining Inc. The new trading symbol of the Company will be “SIM”. The new CUSIP number will be 82967T105 and the ISIN CA82967T1057.
TORONTO, ONTARIO– Jan. 27, 2012 - Mr. Alex Dolgonos, the founder and original chief executive officer of Unique Broadband Systems, Inc. (“UBS” or the “Company”) (TSX VENTURE:UBS) announced today that a corporation associated with him, 2064818 Ontario Inc., (“2064818″) at 207 Arnold Avenue, Thornhill, Ontario, has increased its shareholding in UBS through a series of open market purchases on the TSX Venture Exchange between December 23, 2011 and January 27, 2012.
VANCOUVER, BRITISH COLUMBIA– Jan. 27, 2012 - Silver Range Resources Ltd. (TSX VENTURE:SNG)(TSX VENTURE:SNG.WT) (“Silver Range” or “the Company”) is pleased to announce results from extensive geochemical surveys and preliminary follow-up prospecting completed in 2011 at the Company’s wholly owned Silver Range Project. The geochemical surveys involved collection of more than 20,000 soil and stream sediment samples. Promising anomalies were prospected as results were received, with many of the highest values returned after the conclusion of fieldwork. The 800 sq km Silver Range Project is located in an area of exceptional infrastructure, 10 to 40 km north of the town of Faro in southern Yukon.
VANCOUVER, BRITISH COLUMBIA– Jan. 27, 2012 - Superior Mining International Corporation (TSX VENTURE:SUI) (the “Company” or “Superior”) is pleased to announce that, in conjunction with the holding of the Company’s most recent annual and special general meeting of shareholders on January 26, 2012 (the “Meeting”), the following matters were ratified by the Company’s shareholders and have now been implemented by the Board of Directors in the following manner:
VANCOUVER, BRITISH COLUMBIA– Jan. 27, 2012 - Thomas Yingling, President of Pennant Energy Inc. (TSX VENTURE:PEN) is pleased to provide an operations update on its Bigstone Montney high natural gas liquids resource play. The Donnybrook Energy Bigstone Hz 15-32-60-22 W5M well (25% working interest to Pennant) encountered 2,744 m of high quality Montney reservoir with strong gas shows and excellent penetration rates. The reservoir encountered is comparable to the Montney interval that was successfully completed in Pennant’s first Bigstone Montney well, Donnybrook et al 14-29-60-22w5, which was the 1,200m Hz Bigstone Montney discovery well that tested 4.3mmcf/d and 295 barrels of NGL’s (1,011 barrels of oil equivalent per day). The reservoir quality encountered while drilling the 15-32 well proves the play and reservoir quality of the Montney at Bigstone extends at least as far north as the northern
WELLINGTON, NEW ZEALAND– Jan. 27, 2012 - Glass Earth Gold Limited (TSX VENTURE:GEL)(NZAX:GEL) (“Glass Earth Gold“) is pleased to announce the first results of drilling at its 100% owned Muirs Reef prospect in New Zealand. This drilling is the first of 17 diamond holes (~2500m) planned to identify gold resources in an area known as Massey Reef.
