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Castillian Nickel Spin Out Starts Diamond Drill Program
Castillian Resources Corp. ("Castillian" or the "Company") (News - Market indicators) is pleased to announce that Kibaran Nickel Limited an ASX listed company that trades under the symbol "KNL" ("Kibaran") has started a 3,000 metre drill program at its Kagera Nickel Project located in Tanzania. In October 2010, Castillian and Kibaran (formerly Kagera Nickel Limited) entered into an agreement whereby Kibaran acquired a 100% interest in the Kagera Nickel Project from Castillian (See Press Release dated October 28, 2010). Pursuant to this agreement, Castillian acquired 5,000,000 common shares of Kibaran, to be held in escrow, and 22,500,000 Kibaran performance shares to be converted into common shares of Kibaran pending receipt of certain positive drill results on the property. 
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Mots clés associés :   Canada | Nickel |

The Kagera Nickel Project is located in western Tanzania. The key tenements are located approximately 10 kilometres northeast of Xstrata Nickel and Barrick Golds' Kabanga Nickel Deposit, one of the world's largest undeveloped high grade nickel sulphide deposit, which is currently undergoing feasibility studies. Total measured and indicated resources at Kabanga are reported at 37.4 million tonnes grading 2.59% nickel with an additional 16 million tonnes of inferred resources at 2.9% nickel (source: Xtrata Nickel website). 

The 3,000 metre diamond drill program will initially focus on two highly prospective targets outlined by airborne and ground electromagnetic surveys that are closest to the boundary with the adjacent Kabanga property.

"The Kagera Project is located in a highly prospective belt that hosts world class nickel deposits," commented Dr. Bill Pearson, P.Geo., President & CEO of Castillian. "Castillian has excellent exposure to the potential upside of the project through its long term share ownership and potential performance shares.

About Kibaran Nickel Limited

Kibaran Nickel is focused on exploring the highly prospective Kagera Nickel project which is adjacent to the Kabanga Nickel Projects which are among the largest undeveloped, high grade nickel sulphide deposits in the world.

About Castillian Resources

Castillian Resources Corp. is a Canadian mineral exploration company listed on the TSX Venture Exchange under the symbol "CT", which has gold and base metal properties in Canada and South America. Castillian's flag ship property is the Hope Brook Gold Project located in southwestern Newfoundland, where it is carrying out a 15,000 metre drill program.

Cautionary Note Regarding Forward-looking Information

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Castillian Resources Corp.

EXPLORATEUR
CODE : CT.V
ISIN : CA1484043049
Suivi et investissement
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Castillian Res. est une société d’exploration minière d'or et de cobalt basée au Canada.

Castillian Res. détient divers projets d'exploration au Canada, en Argentine, en Bolivie et en Tanzanie.

Ses principaux projets en exploration sont MANGABAL au Bresil, HOPE BROOK et PURE GOLD PROPERTY au Canada, SAN LUIS en Argentine et ACHACHUCANI (PEDERSON) en Bolivie.

Castillian Res. est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,7 millions CA$ (1,3 millions US$, 1,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 19 août 2011 à 9,50 CA$, et son plus bas niveau récent le 13 février 2015 à 0,01 CA$.

Castillian Res. possède 56 940 000 actions en circulation.

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Rapports annuels de Castillian Resources Corp.
Annual Report 2006
Nominations de Castillian Resources Corp.
22/06/2011Appoints Two Independent Directors
Rapports Financiers de Castillian Resources Corp.
02/05/2011CATCH THE WIND REPORTS YEAR-END FINANCIAL RESULTS FOR 2010
13/04/2011Re-Files September 30, 2010 Interim Financial Statements to ...
Projets de Castillian Resources Corp.
04/06/2013(Hope Brook)Ryan Gold Converts 10% Interest in Hope Brook Into Castillia...
17/01/2013(Hope Brook)Intersects 1.51 G Au/T Over 14.0 Metres in Connector Zone at...
01/11/2012(Hope Brook)Completes Acquisition of 100% Interest in Hope Brook Gold Pr...
28/06/2011(Hope Brook)to Complete Titan 24 Survey at Hope Brook, Newfoundland
30/05/2011(Hope Brook)Nickel Spin Out Starts Diamond Drill Program
26/04/2011(Hope Brook)Hope Brook Camp Connects to Newfoundland Power Grid
08/04/2011(Hope Brook)Intersects 2.78 Grams Gold Per Tonne Over 19.8 Metres in Pit...
25/03/2011(Hope Brook)Intersects 4.56 Grams Gold Per Tonne Over 8.9 Metres in Hang...
01/12/2010(Hope Brook)Confirms Near Surface Zone Extends 500 Metres Along Strike F...
Communiqués de Presse de Castillian Resources Corp.
25/06/2013and Ridgemont Iron Ore Announce Approval of Plan of Arrangem...
29/05/2013and Ridgemont Iron Ore Announce Interim Order, Shareholder M...
03/05/2013and Ridgemont Iron Ore Sign Definitive Agreement for Propose...
25/04/2013Adopts Advance Notice Policy
17/04/2013Strengthens Management Team With Justin Reid Appointed Execu...
11/04/2013and Ridgemont Iron Ore Announce Proposed Merger
15/02/2013to Implement Share Consolidation
06/02/2013Announces Completion of Option Obligations by Ryan Gold
11/12/2012(Hope Brook)Intersects 2.14 g Au/t and 0.45% Cu Over 29.6 Metres at Hope...
14/11/2012Sells Shares of Kibaran Resources for Proceeds of AUD 540,00...
24/10/2012Announces $2,000,000 Option Agreement With Ryan Gold
01/10/2012(Hope Brook)Hope Brook Indicated Mineral Resource Increases 102% to 590,...
19/09/2012Provides Corporate Update; Plans to Release Updated Mineral ...
14/07/2011Commences Exploration at Canadian Creek Property, Yukon
15/06/2011CATCH THE WIND TO HOLD FIRST QUARTER 2011 RESULTS CONFERENCE...
06/06/2011(Hope Brook)Intersects 1.60 Grams Gold Per Tonne Over 16.9 Metres in Nea...
16/05/2011CATCH THE WIND SIGNS SALES AGREEMENT WITH ILLINOIS INSTITUTE...
19/04/2011CATCH THE WIND TO HOLD FOURTH QUARTER 2010 RESULTS CONFERENC...
28/03/2011Global Acquires Remaining 30% Interest in Global Minerals Sl...
02/03/2011Announces $10 Million Bought Deal Private Placement of Commo...
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