Catalyst Resource Group Terminates Kyrgyzstan Mine Acquisition to Focus on Processing Gold and Platinum Group Metals (PGMs) in North America

May 10, 2011 By Leave a Comment

Catalyst Resource Group, a company engaged in innovative processing technologies for mining and natural resources and, today announced that the Company has terminated an agreement to acquire 49% equity interest in gold mines currently exploited by P&P Investment Group in Naryn, Kyrgyzstan.

The Company has further reviewed logistical and financial issues related to the contemplated transaction and decided instead to focus its efforts on acquiring breakthrough innovative processing technologies and mineral properties to extract and process rhodium, palladium, platinum and gold in North America. [Read more...]

Filed Under: Mining Market, Platinum Group Metals Tagged With: , , ,

Platinum Group Metals Reports Q2 2011 Financial Results

April 15, 2011 By Leave a Comment

Platinum Group Metals Ltd. announces the publication of the Company’s financial results for the six months ending February 28, 2011. For more details of the February 28, 2011 Consolidated Financial Statements and Management’s Discussion and Analysis please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). Shareholders are encouraged to visit the Company’s website at www.platinumgroupmetals.net. Shareholders may request a copy of the complete February 28, 2011 Consolidated Financial Statements from the Company free of charge. [Read more...]

Filed Under: Platinum Group Metals

Global Exploration Update Platinum Group Metals Ltd.

April 12, 2011 By Leave a Comment

Platinum Group Metals Ltd. will be active in platinum exploration on multiple projects in South Africa and Canada for the balance of 2011. Six exploration drilling programs targeting platinum are currently underway or are planned to commence shortly on four properties in South Africa and two properties in Canada.

In addition to its platinum mine construction currently underway at the WBJV Project 1 (74% owned, See News Release April 4, 2011), Platinum Group Metals will have exposure to global exploration budgets of approximately $5 million this year including 3 projects to be funded by joint venture partners in South Africa and an initial exploration budget in Canada of $2 million funded by Platinum Group. [Read more...]

Filed Under: Platinum Group Metals

Latrobe Specialty Steel’s Vacuum Melted Metals Help Rescue

March 27, 2011 By Leave a Comment

When the U.S. Marine’s V-22 Osprey tilt-rotor aircraft settled to the Libyan desert to retrieve the ejected U.S. airman, it did so with triple-melted alloys manufactured by Latrobe Specialty Steel. The V-22 Osprey with its unique tilt-rotor mechanism uses many Latrobe premium alloys for such critical components within the transmission gear boxes, rotor shafts and the engines. [Read more...]

Filed Under: Platinum Group Metals Tagged With: , , ,

Stronghold Metals Announces Major Drilling Program at Eagle Mountain Gold Project in Guyana

March 23, 2011 By Leave a Comment

Stronghold Metals Inc. The Company is pleased to announce that final preparations are underway for a major mineral resource outline drilling program at the Eagle Mountain Gold Project (“Eagle Mountain” or the “Project”), located in Guyana, South America. The Project comprises an area of approximately 5050 Ha (12,480 acres) in central Guyana, 200km southwest of the capital Georgetown and 45 kilometres from the historic Omai Gold Mine, which was in production from 1993 to 2005. In Sept 2010, Stronghold entered into an Earn-In and Joint Venture Agreement with a subsidiary of IAMGOLD Corporation, under which the Company has been granted the right to acquire in stages up to 95% interest in the Property. [Read more...]

Filed Under: Platinum Group Metals Tagged With: , , , , ,
Watercolor School for Sale