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TJS.V - Tenajon Resource Corp (TSX VENTURE:TJS) is pleased to announce it has entered into an agreement to acquire the Moly Brook Molybdenum Property. The property is located 2.5 km from the Hamlet of Grey River on the southern coast of Newfoundland, less than 4 kilometres from a deep water, ice free navigable fjord. The Moly Brook Property is an under explored molybdenum project with significant historic drill hole intercepts. Based on assessment reports filed by Royal Oak Mines Inc. and Tenajon's research, the Company has concluded that the property has the potential to host a significant molybdenum deposit.
AUA.V - Adanac Molybdenum Corporation (TSX VENTURE:AUA)(PINK SHEETS:ANCGF)(FRANKFURT:A9N) ("Adanac") is pleased to announce that it has received the updated Mineral Resource Estimate from Golder Associates Ltd. ("Golder"); prepared in accordance with the requirements described in National Instruments 43-101 "Standards of Disclosure for Mineral Project". The following table presents the tonnages and grades estimated by Golder in 2007 and compares the amount of contained molybdenum (Mo) with the Golder 2006 estimate.
ROK.V - Roca plans to be the first new primary molybdenum producer in Canada, with production to commence in mid-2007. The permitted Phase I mine plan for Max will focus on the deposit's high-grade zone containing 280,000 measured and indicated tons grading 1.95 per cent molybdenite (MoS2) (refer to T.N. Macauley's 43-101-compliant technical report dated September, 2004, available on SEDAR). Molybdenum currently trades in the range of US$28 per pound.