Pele Mountain update on Annual and Special Meeting

- March 16th, 2010

Pele Mountain Resources Inc. (TSX VENTURE:GEM) reported that shareholders of the Company have overwhelmingly approved all matters voted on at the Company’s Annual and Special Meeting of Shareholders held on March 11, 2010.

Pele Mountain Resources Inc. (TSX VENTURE:GEM) reported that shareholders of the Company have overwhelmingly approved all matters voted on at the Company’s Annual and Special Meeting of Shareholders held on March 11, 2010.

The press release is quoted as saying:

Pele Mountain Resources has generated and advanced high-quality mineral projects for more than a decade, discovering and developing the mineral wealth of Northern Ontario. At its vast Eco Ridge Mine uranium project, Pele is focused on the sustainable development of a safe, secure, and reliable operation near Elliot Lake. At its high-grade Highland gold properties, Pele’s goal is to identify mineable, near-surface gold resources. At its over 100 square mile Pigeon River project, Pele has completed a VTEM survey over large unexplored magnetic targets in search of Ni/Cu/PGE deposits. The Company also holds the Ardeen Gold and Sudbury Nickel projects, which are actively explored under option agreements with Coventry Resources Ltd. and Wallbridge Mining Company, respectively.

Click here to access the entire press release

Click here to access Pele Mountain Resources Corporate Site

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