Archive for June, 2010

Niblack Mineral Development and Heatherdale Achieve Major Milestone

Niblack Mineral Development Inc. (TSX VENTURE:NIB) and joint venture partner Heatherdale Resources Ltd. (TSX VENTURE:HTR) announced that Heatherdale has met its initial US$5 million project investment commitment before the first anniversary date of the agreement with Niblack., and will continue to fund exploration activities to rapidly advance the precious metals-enriched Niblack volcanogenic massive sulphide (VMS) project in southeast Alaska.

Breakwater Resources Ltd. Receives Shareholder Approval to Consolidate Shares Ten Old for One New

Breakwater Resources Ltd. (TSX:BWR)(TSX:BWR.WT.A) has received the approval of shareholders, at the Annual and Special Meeting of the Company held June 8, 2010, to consolidate the issued and outstanding common shares of Breakwater on the basis of one post-consolidation Common Share for every 10 pre-consolidation Common Shares issued and outstanding.