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 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.

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Pro Minerals up 12% on start of drilling at Shining Tree gold project in Ontario

1st Dec 2010, 9:01 am

Pro Minerals (TSX.V – PRM) has begun mobilizing drill equipment and crews to its Shining Tree gold project, located in the Shining Tree gold camp southwest of Kirkland Lake, Ontario.

The company said it will begin the initial stage of a multi-phase drill program, with equipment and crews on site starting today, prompting Pro's shares to jump more than 12% on Tuesday to $0.09 as of 12:14 pm EST.

Pro Minerals intends to begin drilling on the highest priority targets identified earlier this year from geological and geophysical surveys. It is anticipated that drilling will continue for up to 2000 metres on multiple sites before year-end, it added.

The drilling represents the first ever on Pro’s Shining Tree property near Beilby Lake, despite the proximity of gold-bearing veins and structures within 200 metres at the Gold Corona – Pet Vein, Churchill Veins and Rhyolite Vein occurrences.

The company already has additional targets planned for testing in 2011.

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