Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
MD Secures Strategic REE Partnership
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ERIC LEMIEUX, Laurentian Bank Securities
(03/04/2010)
"Midland announced on March 3, 2010 that it has signed a Memorandum of Agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC) that permits JOGMEC to acquire a 50% interest on the Yterrby Rare Earth Project. The Yterrby acquisition was announced by Midland in mid-September 2009 and was acquired via map staking following a comprehensive compilation of geological data from the area of the Strange Lake Rare-Earth Elements (REE) deposit along the Labrador-Quebec border. Consideration for JOGMEC 50% interest would total $2.7 million in exploration expenditures over a two-year period. The Midland and JOGMEC partnership for the Yterrby project is testament to . . .Midland's aggressive project-generation capability and strategy based on leading the pack. We believe this agreement permits Midland to secure an interesting partnership in rare earths. We believe the option agreement highlights Midland's credible management and technical team. . .[and that the company] has secured a strategic partner with a long-term outlook to securing metal stockpiles and access to Japanese end-users." |
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