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Pele Mountain Provides Gold Projects Update

Investing News Network
Mar. 07, 2011 06:40AM PST
Rare Earth Investing

Pele Mountain Resources Inc. (CVE:GEM) reports an update on its Ardeen and East Highland gold projects.

Pele Mountain Resources Inc. (TSXV:GEM) reportsĀ an update on its Ardeen and East Highland gold projects.

The press release is quoted as saying:

Pele is pursuing strategies to unlock value at its gold projects as it focuses on the sustainable development of its Eco Ridge Mine Uranium and Rare Earths project.

Pele’s President and CEO, Al Shefsky says:

ā€œWe continue to seek a qualified partner to explore and develop our Highland gold properties as we concentrate on the development of Eco Ridge.Ā  We believe that Highland has excellent potential for near-term cash flow opportunities as well as the delineation of significant gold resources.ā€

Click here to access the entire news release.

Ā 

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