Castillian Resources Corp. listed on the TSX Venture market announced on Monday that Kibaran Nickel Limited an ASX listed company has started a 3,000 metre drill program at its Kagera Nickel Project located in Tanzania.
In October 2010, Castillian and Kibaran entered into an agreement whereby Kibaran acquired a 100% interest in the Kagera Nickel Project from Castillian. Castillian has gold and base metal properties in Canada and South America — its flagship property is the Hope Brook Gold Project located in southwestern Newfoundland.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.