Rare Earth Elements Closely Associated With Cobalt Mineralized Horizons
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/21/10 -- Formation Metals Inc. (TSX: FCO) ('Formation') is pleased to announce that its 100% owned subsidiary, Formation Capital Corporation, U.S., (the 'Company') has reported the successful conclusion of its diamond drill program with favourable initial assay results from its 100% owned Idaho Cobalt Project, located in Lemhi County, Idaho.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/27/10 -- Formation Metals Inc. (TSX: FCO) ('Formation' or the 'Company') is pleased to announce that it has engaged Auramet Trading, LLC ('Auramet') of Fort Lee, New Jersey, to assist the Company in completing the process of mine construction financing for its 100% owned Idaho Cobalt Project ('ICP'). Auramet is experienced in all aspects of mine finance including
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/16/10 -- Formation Metals Inc. (TSX: FCO) ('Formation') is pleased to announce that its 100% owned subsidiary, Formation Capital Corporation, U.S., (the 'Company') has received two Certificates of Allocation from the State of Idaho authorizing a total of $46.7 million in Recovery Zone Facility Bond volume cap to the Company as Ultimate Beneficiary to be issued by The
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/28/10 -- Formation Metals Inc. (TSX: FCO) ('Formation') is pleased to announce that its 100% owned subsidiary, Formation Capital Corporation, U.S., (the 'Company') has reported the commencement of a 5,000 foot diamond drill program in a previously untested area on the Idaho Cobalt Project. Pursuant to the approved Plan of Operations (mine permit), this verification
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/22/10 -- Formation Metals Inc. (TSX: FCO) ('Formation' or the 'Company') is pleased to announce the election of Mr. Frank Burke and Dr. Charles Entrekin as directors at the Company's 2010 Annual and Special General Meeting held June 18, 2010 (the 'AGM').
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/15/10 -- Formation Metals Inc. (TSX: FCO) ('Formation') is pleased to announce that its 100% owned subsidiary, Formation Capital Corporation, U.S., (the 'Company') has completed a Powerline Agreement (the 'Agreement') with Noranda Mining Inc. and Intalco Aluminum Corporation, to provide power for use by the Company in its operations relating to its 100% owned Idaho Cobalt