Articles Tagged "creston"

Creston Moly Intersects 70.15 Metres of 0.076% Molybdenum

Moly – Creston Moly Corp. (CVE:CMS) announces assay results from three exploration diamond drill holes recently completed at its El Creston molybdenum property located in the state of Sonora, Mexico.

Creston Moly Acquires Tenajon Resources

Creston Moly (TSXV:CMS) annouced today that the company has entered into a Letter Agreement to merge with Tenajon Resources (TSXV:TJS). Creston Moly will acquire the shares of Tenajon by issuing 0.84 Creston shares for each Tenajon share. Tenajon brings a three molybdenum projects and perhaps more important, $3m in cash as of Dec. 2008. Colin [...]

Creston Moly Corp: Developing Mexico’s Largest Molybdenum Deposit

Overview Creston Moly Corp. (CMS) is a Tier 1 TSX-V listed company actively developing its 100% owned Creston Molybdenum Deposit in Mexico’s mining friendly state of Sonora. The Creston Project is located 175 Kms south of the US Border and boasts excellent infrastructure with close proximity to power, roads and railway; a semi-desert climate allows [...]

Stimulus spending could bridge the gap in molybdenum prices

Moly Investing News reports molybdenum prices may have an upswing effect with the stimulus spending package. The market price of molybdenum oxide in the 2008 fell steeply from US $34 per pound to US$ 8.75 per pound at the end December. Speaking at the BMO Global Metals and Mining Conference on Monday, Freeport McMoRan Copper & Gold [...]