Franconia Minerals Corporation (TSX:FRA) reported that the company has signed option agreements with two parties holding a total of 1,495 acres within the Superior National Forest of northern Minnesota.
VMS Ventures Inc. (TSX VENTURE:VMS) announced that its 100% owned Copper Project will be the focus of the Company’s next drill program, expected to begin before the end of April, 2010. As well, the Company, with the signing of the Letter of Intent (LOI) with HudBay Minerals (TSX:HBM) as announced March 4, 2010, has halted its phase 2 drill program at the Tower Zone.
Candente Copper Corp. (TSX:DNT)(BVLAC:DNT)(WKN:GW4) reported that feasibility studies have resumed on their Canariaco Norte copper project, and preparation for exploration of their Canariaco Sur, Quebrada Verde and other Peruvian copper projects has begun.
Animas Resources (TSX VENTURE:ANI)reported the initial field reviews of the Ariel concessions verify an extensive alteration system worthy of follow-up mapping and sampling.
Aura Minerals Inc. (TSX:ORA) announced on the exploration work carried out over the past 12 months by Vale S.A. at the Company’s Inaja Project in southern Para state, Brazil.
Dia Bras Exploration Inc. (TSX VENTURE:DIB) reported the results of continued, detailed sampling and mapping plus X-Ray diffraction studies at the La Cascada high-sulfidation gold prospect of its Bolivar property in Chihuahua State, Mexico.
In early trade Tuesday, better than expected US home data buoyed copper on the COMEX after dipping for four straight sessions. But, the ascent was just a blip with the upside being limited by a lack of positive economic indicators.
Celeste Copper Corporation TSX (TSX VENTURE:C) reported the resignation of David B. McQuaig as CFO and Director of the Corporation. Interim CEO, Shondell Sabad, wishes to thank Mr. McQuaig for his contributions to the Corporation. Mr. McQuaig will be retained by Celeste as a consultant to facilitate the transition process.