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News from CNW Group

Caldera Corporate Update - May 4, 2009

07:00 EDT Monday, May 04, 2009

MONTREAL, May 4 /CNW Telbec/ - President and CEO of Caldera Resources Inc., Mr. Bill Mavridis, Published today a corporate update. A full copy of the update can be found at www.calderaresources.com/blog or on SEDAR.

Highlights of the Corporate Update include:

    <<
    - Expanding business plan to include diversification geographically
      and by commodity

    - Restructuring commenced in December and completed transfer of
      listing to the TSX-V

    - All year end fillings and financials completed and filed

    - Signed Strategic Partnerships with BacTech Mining Inc.
      (TSX VENTURE: BM) for access to bioleaching technology and NMR360 to
      access chloride leaching technology for complex ores

    - Focus on developing new projects in Southeastern Europe:
      - Discussion with private mine owner to for a JV to recover gold from
        tailings dam
      - Discussion with private company to JV on polymetallic Lead Zinc mine
      - Albanian Gjegjan Copper recovery project under review with
        final report due shortly
      - Albanian opportunity to develop nickel, cobalt, iron and
        chromium recovery using chloride leaching technology with
        strategic partner NMR360
      - Commencing discussion to acquire a refractory gold project
        amenable to bioleaching technology in the Caucuses

    - Launch Communications Platform
    >>

About Caldera Resources Inc.

Caldera Resources Inc. is focusing on projects amenable to utilizing both chloride leaching and bioleaching technology for the economic recovery of base metals and precious metals from mine waste and tailings. Caldera also owns the Ellendale diamond exploration property in Australia.

THIS NEWS RELEASE MAY INCLUDE CERTAIN "FORWARD-LOOKING STATEMENTS". ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT, INCLUDED IN THIS RELEASE INCLUDING FUTURE PLANS AND OBJECTIVES OF CALDERA, ARE FORWARD-LOOKING STATEMENTS THAT INVOLVE VARIOUS RISKS AND UNCERTAINTIES. THERE CAN BE NO ASSURANCE THAT SUCH STATEMENTS WILL PROVE TO BE ACCURATE AND ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH STATEMENTS NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.

For further information: Bill Mavridis, President, Caldera Resources Inc., (514) 813-9200, bmavridis@calderaresources.com; Blog: www.calderaresources.com/blog; Follow us on twitter at www.twitter.com/CalderaRes

© CNW Group


 

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