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Pele Mountain Resources Inc. (TSX Venture: GEM; OTCQX:GOLDF) announced today that its shares have commenced trading in the United States on the OTC market’s prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on otcqx.com and otcmarkets.com. Pele’s U.S. trading symbol is “GOLDF”. Pele’s shares are also listed on Canada’s TSX Venture Exchange under the symbol “GEM”.construction building material

Pele President and CEO Al Shefsky stated, “With rapidly increasing interest in our Eco Ridge Mine Rare Earths and Uranium Project and our portfolio of Northern Ontario gold properties, we are pleased to begin trading on OTCQX International. The OTCQX will provide Pele with a cost-effective means of enhancing its visibility and liquidity, benefiting all of our investors, especially those residing in the United States.”

Pele anticipates delivery of an updated Preliminary Assessment for Eco Ridge, including economic modeling and a timeline for advancing the project through the feasibility and licensing stages, during the current calendar quarter. Pele recently received an updated NI 43-101 Resource Estimate for Eco Ridge which, for the first time, included both rare earth oxides and uranium oxide. The Eco Ridge Resource Estimate can be viewed at:www.kenyacrusher.com

Red Metal Resources Ltd., a mineral exploration company with copper-gold assets in Chile, today announced that it has completed the purchase of the Che I & Che II mining claims for approximately USD$20,000. These claims cover 76 hectares within Red Metal’s existing Mateo copper-silver-gold project in the Candelaria Iron Oxide Copper-Gold (IOCG) belt in Chile III Region.purchasing roller mill pakistan

The Mateo project is made up of approximately 2,122 hectares (5,244 acres) of combined mining and exploration licenses. Three of the mining licenses, the Irene, Margarita and Santa Therese, cover ground with a history of artisanal mining and some exploration work. Mateo lies within the Candelaria IOCG belt, 10 kilometers east of the city of Vallenar and only 15 kilometers from the closest Empresa Nacional de la Mineria (ENAMI) processing plant. Geologically the Mateo project is located within the brittle-ductile NS trending Atacama Fault System that is known to host many of the major deposits in the IOCG Belt. dolomite production line