Resource News

The following companies have identified future news items or “Catalysts” that address significant company milestones in the next 30 days: Pasinex Resources Limited (CSE:PSE), Hinto Energy Inc. (OTCMKTS:HENI), Colt Resources Inc.(TSXV:GTP), North Arrow Minerals (TSXV:NAR), Orocobre Ltd. (TSX:ORL)

Pasinex Resources Limited (CSE:PSE) announced the further exploration drilling at its Pinargozu project, located in the Horzum property, was underway early in September 2014. Results of this drilling is expected this month.

Hinto Energy Inc. (OTCMKTS:HENI) expects to bring five additional Montana oil wells into production during the third quarter and the Company is in the process of reworking several of its Utah oil and gas wells. The results of these activities are expected to be announced late in the third quarter of 2014.

Colt Resources Inc. (TSXV:GTP,OTCQX:COLTF) has reported positive intercepts from two of the first three holes recently drilled in the Gap Zone at its Tabuaço Tungsten Project in northern Portugal. Initial visual inspection of the mineralized skarns intersected by all three holes, both under natural light and short-wave UV-light indicated that in general they compared well with hole DHT-88. Given the visual results, sampling and assaying of the mineralized drill core of holes DHT-113 and DHT-115 was fast-tracked. The results for the third hole, DHT-114 are pending.

North Arrow Minerals (TSXV:NAR) is expecting exploration drilling results from its Redemption Diamond Project in the Lac de Gras diamond district, Northwest Territories. Drilling at the Redemption Diamond Project commenced in July 2014, with partner Arctic Star Exploration.

 

Orocobre Ltd. (TSX:ORL)

Orocobre Ltd.’s (TSX:ORL) Olaroz Lithium Project is in the Puna region in Argentina’s north-western province of Jujuy. The Olaroz lithium project is being developed by Orocobre (66.5%) with partners Toyota Tsusho Corporation (25%) and the Jujuy Province mining and energy company, JEMSE (8.5%) with a construction budget of US$229m including contingency. The lithium carbonate plant commissioning/start up is projected to be at the end of August 2014 with commissioning/startup of the micronizing and drying circuit to follow in mid-September. Full automated control operations are scheduled to be introduced in October.

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