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Additional Information
Market: TSX-V
Sector: General Mining - Gold
EPIC: PRM
Latest Price: C$0.02  (33.33% Ascending)
52-week High: C$0.05
52-week Low: C$0.02
Market Cap: C$1.47M
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Pro Minerals
www.promineralsinc.com

Pro Minerals is a mineral exploration and development company focused on precious metals in Ontario and Quebec Canada. With a diverse portfolio of projects, Pro currently has exploration programs underway on its Disco(Discovery) Lake VMS Project and Shining Tree Gold Project. The Disco Lake VMS Project represents a brand new region for poly-metallic VMS discoveries of merit. Primary targets are gold, silver, copper and zinc. Rich in history, the Shining Tree Gold Project is a grass roots project with excellent potential for world class gold discovery. The Company is led by an experienced management team with an aggressive development strategy.

Full Pro Minerals profile here
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Pro Minerals sells two claims in Beardmore-Geraldton gold camp in Ontario to Kodiak

23rd Sep 2010, 4:20 pm

Pro Minerals (TSX.V: PRM) has sold two mineral claims in the Beardmore-Geraldton gold camp in Ontario, known as the Solarus claims, to Kodiak Exploration for $50,000 in cash and 300,000 Kodiak shares, Pro Minerals said Thursday.

The claims, which extend 160ha, cover a prospective extension to the Milestone gold zone, ten kilometres east of the area of Kodak's current exploration drilling on its Milestone Gold project in the Beardmore-Geraldton camp.

The transaction consolidates Kodiak's land position in the Milestone area, allowing for systematic exploration of multiple gold bearing structures in the eastern portion of the Beardmore-Geraldton gold camp, the company said.

The two claims are subject to a 2% NSR royalty held by a prior owner, and Kodiak can purchase half the royalty for $1.0 million.

At the same time, Kodiak announced it signed an option agreement with Teck Resources that allows Kodiak to earn a 100% interest in the 1,280 ha Adel property, located immediately adjacent to the Milestone project.

The property hosts the western extension of the Klob Shear Zone, host to the Pag North gold mineralized structure, which Kodiak has been drilling since late 2009.

Pro Minerals is a Canada-focused mineral exploration company.

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