Latest News November, 2010
November, 2010
Shining Tree Gold Project - Ontario Drilling To Commence
Vancouver, BC – November 30th, 2010
Pro Minerals Inc. (TSX.V – PRM) is pleased to announce that the Company has mobilized drilling equipment and support crews to its Shining Tree Gold Project situated in the Shining Tree Gold Camp southwest of Kirkland Lake Ontario. The Company will undertake an initial stage of a multi-phase drill program. The drill and crews will be onsite Tuesday November 30th. Drilling will begin immediately on the highest priority targets identified from integrated geological, geophysical and geochemical surveys completed earlier this year. It is anticipated that drilling will continue for up to 2000m on multiple sites before Christmas break. The drilling recommendations already include additional targets to be tested in 2011. This represents the first drilling ever on Pro’s Shining Tree Property, near Beilby Lake despite the proximity of gold-bearing veins and structures within 200m at the Gold Corona – Pet Vein, Churchill Veins and Rhyolite Vein occurrences. These historical gold occurrences have been recently stripped and sampled by the Platinex Inc- Creso Inc. Joint Venture.
Pro Minerals Appoints Christian G. Derosier Vice-President Of Exploration
Vancouver, BC - Wednesday, November 10th 2010
Pro Minerals Inc. (TSXV – “PRM”), is pleased to announce the appointment of Dr. Christian G. Derosier to the position of Vice-President of Exploration. Mr. Derosier’s experience and knowledge will contribute considerably to Pro’s Ontario and Quebec interests. In addition, Christian’s international experience will assist in the screening of potential international exploration projects.
Drilling Begins Adjacent to Pro Mineral’s Shining Tree – Beilby Lake Gold Project
Vancouver, B.C. – Tuesday, November 2nd, 2010
Pro Minerals Inc. (TSX.V: “PRM”); and its Board of Directors are pleased to announce that as its financing is nearing completion and that drilling is underway adjacent to its Shining Tree – Beilby lake Gold project in the Larder Lake Mining District in north-eastern Ontario. On October 22, 2010 Platinex Inc. and Creso Exploration Inc. announced they had “entered into an agreement to combine claim holdings along the Larder Lake Break into a 50/50 joint venture in the Shining Tree gold area of Ontario. The nine claims (336ha) that constitute the joint venture property bring together the historic high grade vein systems that include the former Churchill, GoldCorona, Cochrane, and Pet occurrences. A 1,000 m drilling program is to commence immediately on the joint venture claims”. Further, on October 29, 2010 it has now announced by Creso that “Drilling at the new Gold Corona joint venture with Platinex in Churchill township (see news in Stockwatch October 22, 2010) has completed the first hole, CP-10-01, to 398.3 metres as part of a first-phase program of 1,000 metres.”