Caldera Resources Inc. (CAEFF) Receives Exploration License in Armenia
Caldera Resources, Inc. reported that the company has received a mineral exploration license at the Marjan West Project area in the Republic of Armenia. The company is required to submit an exploration plan within five months of receiving the license. Caldera Resources said that the Ministry of Energy and Natural Resources issued Exploration License No. 106 to Biomine LLC, the company’s subsidiary in Armenia. The license covers nineteen square kilometers and has a term of five years. Caldera Resources said that the Marjan West properties have deposits of prophyritic tonalite, kaolinitic alteration and copper mineralization. The project is located in…