Pele Mountain Resources
Tuesday, January 31, 2012
January 31, 2012 (Source: Marketwire) -- Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) (Pele or the Company) today provided an update on its Eco Ridge Mine Rare Earths and Uranium Project (Eco Ridge or the Project) in Elliot Lake, Ontario. Pele reports significant progress toward the completion of its updated Preliminary Economic Assessment (PEA), which will feature an
Wednesday, November 23, 2011
November 23, 2011 (Source: Marketwire) -- Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) (Pele or the Company) today announced that processing design improvements have resulted in sharply higher recoveries of critical rare earth oxides (REO), including neodymium, dysprosium and yttrium oxides, (Peles Big 3 REO) at its Eco Ridge Mine Rare Earths and Uranium Project (Eco Ridge or
Thursday, October 13, 2011
October 13, 2011 (Source: PR-Newswire) --Pele Mountain Resources Inc. (TSX Venture: GEM; OTCQX: GOLDF) (Pele or the Company) today announced initial results from its core resampling program at its Eco Ridge Mine Rare Earths and Uranium Project (Eco Ridge or the Project) in Elliot Lake, Ontario. Pele has discovered that rare earth oxide (REO) mineralization outside the
Monday, September 12, 2011
September 12, 2011 (Source: CNW) -- Pele Mountain Resources Inc. (TSXV: GEM) (OTCQX: GOLDF) (Pele or the Company) today announced results from the recent 7,000-metre drill program at its Eco Ridge Mine Rare Earths and Uranium Project (Eco Ridge or the Project) in Elliot Lake, Ontario. Core from 23 intercepts of the Main Conglomerate Bed (MCB) (of
Wednesday, September 07, 2011
September 7, 2011 (Source: CNW) -- Pele Mountain Resources Inc. (TSX Venture: GEM) (OTCQX: GOLDF) (Pele or the Company) today announced the filing of its recently announced NI 43-101 Preliminary Economic Assessment (the PEA) on its Eco Ridge Mine Rare Earths and Uranium Project (Eco Ridge or the Project) on SEDAR. The PEA was prepared by Roscoe
Wednesday, July 27, 2011
July 27, 2011 (Source: PR Newswire) -- Pele Mountain Resources Inc. (TSXV: GEM) (OTCQX: GOLDF) (Pele or the Company) announced today that Roger Payne, P.Eng., has accepted an appointment to serve as Executive Vice-President of Pele, effective immediately. Mr. Payne has more than 40 years of professional engineering experience in Europe, Africa, and the Americas, including nearly
Continue reading "Roger Payne Named Executive Vice-President at Pele Mountain" »
Thursday, July 21, 2011
July 21, 2011 (Source: PRNewswire) -- Pele Mountain Resources Inc. (TSXV: GEM)( OTCQX: GOLDF) (Pele or the Company) announced today that it has engaged Foundation Opportunities Inc. (FOI) of Toronto, on a non-exclusive basis, to assist and advise Pele with its evaluation of strategic alternatives regarding its Ontario gold assets.Peles gold assets, which are held in its
Monday, July 18, 2011
China announced this week that it was nearly doubling its rare earths export quota for the next six months compared to last year. But the Chinese government was promptly criticized by overseas officials who say the new rules actually impose greater restrictions on the country’s exports because ferrous alloys containing rare earths have been added to the
Continue reading "Al Shefsky Discusses Rare Earths on BNN" »
Tuesday, July 05, 2011
July 5, 2011 (Source: Pele Mountain Resources) -- Pele Mountain Resources Inc. (TSX Venture: GEM; OTCQX: GOLDF) (“Pele” or the “Company”) today announced results of a NI 43-101 Preliminary Economic Assessment (the “PEA”) on its Eco Ridge Mine Rare Earths and Uranium Project (“Eco Ridge” or the “Project”). The PEA was prepared by Roscoe Postle Associates (“RPA”)
Thursday, June 16, 2011
Jay Taylor Interviews Pele Mountain CEO about Eco Ridge Mine Rare Earths and Uranium Project. Part 1
Jay Taylor Interviews Pele Mountain CEO about Eco Ridge Mine Rare Earths and Uranium Project. Part 2
Tuesday, May 24, 2011
May 24, 2011 (Source: CNW) -- Pele Mountain Resources Inc. (TSX Venture: GEM; OTCQX: GOLDF) (Pele or the Company) today announced the arrival of two drill rigs and the commencement of a 7,000-metre drill program at its Eco Ridge Mine Rare Earths and Uranium Project at Elliot Lake, Ontario. Eco Ridge is 100-percent owned by First Canadian
Wednesday, May 18, 2011
May 18, 2011 (Source: Northern Ontario Business) -- The provincial government has granted First Canadian Uranium Inc. two mining leases, giving the company exclusive rights to mine the Eco Ridge Mine Rare Earths and Uranium Project in Elliot Lake.First Canadian is the wholly owned subsidiary of Pele Mountain Resources Inc.The leases, which last for 21 years and
Tuesday, May 17, 2011
May 17, 2011 (Source: CNW) -- Pele Mountain Resources Inc. (TSX Venture: GEM; OTCQX: GOLDF) (Pele or the Company) announced today that the Province of Ontario has granted two mining leases (the Mining Leases) to Peles wholly owned subsidiary, First Canadian Uranium Inc., for its Eco Ridge Mine Rare Earths and Uranium Project. The Mining Leases give
Sunday, May 15, 2011
Tuesday, May 03, 2011
May 3, 2011 (Source: CNW) -- Pele Mountain Resources Inc. (TSX Venture: GEM; OTCQX:GOLDF) (Pele or the Company) announced today that its shares have commenced trading in the United States on the OTC markets prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcqx.com and www.otcmarkets.com. Peles
Continue reading "Pele Mountain Commences Trading in the United States on OTCQX International" »
Wednesday, April 13, 2011
Tuesday, March 29, 2011
Wednesday, March 23, 2011
March 23, 2011 (Source: CNW) -- On February 24, Pele Mountain Resources announced NI 43-101 resources of 51.9-million pounds of Indicated total rare earth oxides (TREO) plus 96.3-million pounds of Inferred TREO. The TREO resources are in addition to 15.2-million pounds of Indicated uranium oxide (U3O8) plus 31.4-million pounds of Inferred U3O8, which was announced in Peles
Monday, March 21, 2011
Wednesday, March 02, 2011
Tuesday, March 01, 2011
Thursday, February 24, 2011
February 24, 2011 (Source: CNW) -- Pele Mountain Resources Inc. (TSX Venture: GEM) (Pele or the Company) today announced the completion of a NI 43-101 Resource Estimate ( the Resource Estimate) which for the first time includes both uranium oxide and rare earth oxides (REO) at its Eco Ridge Mine Uranium and Rare Earths Project in Elliot
Wednesday, February 09, 2011
Monday, January 31, 2011
Al Shefsky, President of Pele Mountain Resources, takes us on a tour of his company’s remarkable prospects in this audio interview. The story on Pele? The future is bright. Pele Mountain’s Elliot Lake resource has been a historical producer of REEs, of course. But in this interview Shefsky points out that Elliot Lakeis also a largereserve of
Ellis Martin of the Ellismartinreport.com, interviews Al Shefsky, the president of Pele Mountain Resources. The companys Elliot Lake resource has been a historical producer of rare earths and for decades. But in this interview Shefsky points out that Elliot Lakeis also a largereserve of uranium, the price of which has been making remarkable advances lately. The demand
Continue reading "Ellis Martin Interviews Al Shefsky President of Pele Mountain Resources" »
Monday, January 24, 2011
January 24, 2011 (Source: CNW) -- Pele Mountain Resources Inc. (TSX Venture: GEM) (Pele or the Company) today announced a major increase in Indicated uranium oxide resources as part of an updated NI 43-101 Resource Estimate (Resource Estimate) at its Eco Ridge Mine uranium and rare earth elements (REE) project near Elliot Lake in Northern Ontario. The
Tuesday, January 18, 2011
Tuesday, January 04, 2011
January 4, 2011 -- Toronto, ON (Source: CNW) -- Pele Mountain Resources (TSX-V:GEM) is a Canadian mineral exploration and development company focused on the sustainable development of its 100% owned flagship Eco Ridge Mine Uranium and Rare Earth Elements (REE) Project in Elliot Lake, Ontario. The vast uranium and REE mineralization at Eco Ridge provides Pele investors
Wednesday, December 01, 2010
Tuesday, November 30, 2010
November 30, 2010 (Source: MetalMiner) -- The “Rare Earth Metal Scare” if we can agree to call it that, has lit a fire under some Japanese global corporations when it comes to securing raw material supply. The ‘alleged’ rare earth export ban from China has put at least two Asian countries in high gear to kick-start a
Continue reading "Japanese OEMs Make a Play For Canadian Rare Earth Mining Firms" »
Tuesday, November 16, 2010
November 16, 2010 (Source: MoneyInMetals) -- Pele Mountain Resources is focused on the sustainable development of its Eco Ridge Mine Uranium and Rare Earth Elements (REE) project, located in the Elliot Lake mining camp of Northern Ontario. Peles expert team of technical personnel, advisors, and consultants is working to optimize mining, processing, and waste management techniques at
Continue reading "Rare Earth Elements Stocks - Pele Mountain Company" »
Friday, November 12, 2010
November 12, 2010 -- Toronto, ON(Source: CNW) -- Pele Mountain Resources (TSX Venture: GEM) and itsEco Ridge Mine project, whichhosts a large, uranium resource, provides investors with excellent leverage to uranium. Not surprisingly, Peles 5-year trend correlates closely to the spot uranium price which,in 2007,reached as high as $138with Pele stock trading as high as $1.50 per
Continue reading "Pele Mountain Resources: Excellent Leverage to Uranium & Rare Earth Elements" »
Thursday, November 11, 2010
November 11, 2010 (Source: CNW) -- Pele Mountain Resources Inc. (TSX Venture: GEM) (Pele or the Company) today announced the introduction of real-time market data for Rare Earth Elements (REE) on its corporate website.The data is provided to Pele by Asian Metal, a global information company serving the metals industry in nearly 200 countries. Price assessments from
Monday, October 25, 2010
“There are two ways to live: you can live as if nothing is a miracle; you can live as if everything is a miracle.” -- Albert Einstein Preparing research and market analysis for theCritical Rare Metals Summitin DC this week, and specifically for thepanel on Equity and Investment Banking Perspectives some impressive conclusions stood out that I
Thursday, October 21, 2010
Pele Mountain Strengthens Technical Team in Preparation for Development of its Eco Ridge Mine Uranium and Rare Earth Elements Project at Elliot LakeOctober 21, 2010 -- Toronto, Ontario (Source: PRNewswire) -- Pele Mountain Resources Inc. (TSX Venture: GEM) (Pele or the Company) announced today that Dr. Anthony (Tony) Mariano has accepted Peles invitation to join its Rare
Continue reading "Dr. Anthony Mariano Joins Pele Mountain's Rare Metals Advisory Board" »
Friday, October 01, 2010
September 30, 2010 -- TORONTO, ONTARIO (Source: Marketwire)-- Pele Mountain Resources Inc. (TSX VENTURE:GEM) (Pele or the Company) is pleased to announce that it has closed a non-brokered private placement offering (the Offering) comprised of 3,331,700 units (the Units) at a price of $0.16 each for gross proceeds of $533,072, with each Unit consisting of one common
Continue reading "Pele Mountain Announces Closing of Private Placement Offering" »
Thursday, September 16, 2010
September 16, 2010 - Toronto - Pele Mountain Resources Inc. (TSX Venture: GEM) (Pele or the Company) today reported that it has achieved significant progress on several fronts at its Eco Ridge Mine uranium and rare earth element (“REE”) project near Elliot Lake in Northern Ontario. Eco Ridge is owned 100-percent by First Canadian Uranium, a wholly
Sunday, September 12, 2010
September 13, 2010 -- Busy weekend at RareMetalBlog and based on this week’s pile-up of emails, the rare metal market shows the market maintaining momentum. We just finished invited a new editor from Australia that provided excellent analysis on NorthernUranium andGreenlnd Minerals this weekto join our team as Ipost You have to know what youre doing to
Sunday, August 08, 2010
Tracy ends the week with The RareMetal Market: Bull or Bear? In The London REE Reports, Graeme has a series about Which Companies? Part 1, Part 2 and Part 3 with reviews about several companies in the Rare Metal Industry. He includes his warning No one has more at risk in an investment, than you do yourself
Continue reading "RareMetalBlog Week in Review (August 1 - 8, 2010)" »
Thursday, August 05, 2010
Aug 05, 2010 -- TORONTO, ONTARIO (Source: Marketwatch) -- Pele Mountain Resources Inc. (Pele or the Company) announced today that Dr. William H. Bird P. Geo., has accepted Peles invitation to become the first appointment to its Rare-Metals Advisory Board.
Continue reading "NEWS: Dr. William Bird Joins Pele Mountain's Rare Metals Advisory Board" »
Wednesday, January 13, 2010
January 13, 2010 (Source: Mineweb) - In the blockbuster movie Avatar the obscure object of desire is an element called Unobtainium, worth $20 million per ounces. Metals analyst Christopher Ecclestone suggests the hunt for Unobtainium storyline reminds him of some of the talk surrounding Rare Earths (REE) these days. Since China shouted the equivalent of fire in
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