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TSX-V News: EurOmax, Papuan Precious Metals, Focus Metals and more

7th May 2012, 4:31 pm by Proactiveinvestors
TSX-V News: EurOmax, Papuan Precious Metals, Focus Metals and more

EurOmax Resources (CVE:EOX)(OTCQX:EOXFF) Monday announced an update on recent drilling results at its 100 percent-controlled Trun project in Bulgaria.

The company also sold Thrace Resources, an indirectly held wholly-owned subsidiary that holds the mineral rights for the Breznik and Rakitovo projects.

Papuan Precious Metals (CVE:PAU)(OTCQX:PAUFF) said Monday that it had received drill results from its newly extended drilling program at its Doriri Creek Nickel-palladium-platinum prospect, part of the Mt Suckling project in Papua New Guinea.

Celeste Copper Corp. (CVE:C) said Monday that it has gained additional property assets to facilitate the construction of the future surface infrastructure at its South Crofty polymetallic mine in Cornwall, England.

Canadian oil and gas company Africa Oil Corp. (CVE:AOI)(NASDAQ:AOI) said Monday that has discovered additional oil at its half-owned Ngamia-1 well on Block 10BB, in Kenya.

SilverCrest Mines (CVE:SVL)(OTCQX:STVZF) Monday unveiled the results of a further 16 holes from its phase II drill program currently underway at the company's La Joya property in Durango, Mexico, expanding mineralization in several directions.

Focus Metals (CVE:FMS)(OTCQX: FCSMF) said Monday that it has inked a licensing agreement with Hyrdo-Quebec's technology research institute, IREQ, allowing the junior explorer to develop a graphite purification facility and anode production facility for lithium-ion batteries.

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