Caldera Resources Inc

Gold - Diamond - PGM projects in Australia & Albania.

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Message: Caldera shares to start trading on a consolidated basis Jan. 07/10

Caldera shares to start trading on a consolidated basis Jan. 07/10

posted on Jan 06, 2010 08:46PM

Caldera shares to start trading on a consolidated basis effective January 7, 2010

	    <<
	    TSX-V:  CDR
	    Shares: 14,192,577
	    (consolidated basis)
	    >>

	    MONTREAL, Jan. 6 /CNW Telbec/ - Caldera Resources Inc. (the
"Corporation") announced today that it has received confirmation from the TSX
Venture Exchange, that effective at the opening on Thursday, January 7, 2010,
the common shares of the Corporation will commence trading on a consolidated
basis.
	    On a consolidated basis the Corporation has 14,192,577 common shares. The
new Cusip number is 12878D204 and the trading symbol remains unchanged.
	    Shareholders of the Corporation approved a 1 for 10 share consolidation
on December 23, 2009.

	    <<
	    About Caldera
	    -------------
	    >>

	    The Company's main business is the acquisition, exploration and
development of gold projects in South-eastern Europe and the Caucuses with a
focus on Armenia.
	    The company has entered into a letter agreement with Global Gold
Corporation to form a Joint Venture whereby Caldera shall, subject to terms
and conditions, earn a 55% interest in the Marjan Gold-Silver-Polymetallic
Project after completing a bankable feasibility study on the project or
spending US$3.0M on the property.
	    The Company is also seeking to acquire and develop the Lichkvaz-Tey gold
property, located in the Republic of Armenia. The project is currently owned
by the Armenian government.

	    <<
	    The Marjan Property
	    -------------------
	    >>

	    The Marjan property has a Soviet-era GKZ mineral resource, categorized as
C1 and C2, of 3.84 million tonnes grading on average 2.68 g/t Au, 97.3 g/t Ag.
This translates to approximately 330,000 oz of gold, 12 million oz of silver.
	    The Marjan Gold-Silver-Polymetallic deposit is located in Armenia, some
28 km south-west of the village of Sisian and a 6 hour drive from the capital,
Yerevan. Global Gold, through its wholly owned subsidiary Global Gold Hankavan
LLC, holds a twenty-five year "special mining license" for the Marjan
property. The license was issued April 22, 2008 and expires April 22, 2033.
The license area covers approximately 18.5km2.

	    <<
	    Lichkvaz-Tey Gold Project
	    -------------------------
	    >>

	    The Lichkvaz-Tey gold property has a Soviet-era GKZ mineral resource,
categorized as C1 and C2, of 3.4 million tonnes grading on average 5.1 g/t Au,
33.2 g/t Ag and 0.41% Cu. This translates to approximately 575,000 oz of gold,
3.7 million oz of silver and 33.4 million pounds of copper. The Lichkvaz-Tey
property is considered to be a refractory gold deposit and requires
bioleaching technology to treat the ore to release the gold.
	    The Lichkvaz-Tey project is presently owned by the Armenian Government
and is being pursued jointly by Caldera and BacTech Mining Corporation.
BacTech is the owner of the patented BACOX Bioleaching Technology. BacTech has
the option to acquire a 40% interest in Caldera's subsidiary, Biomine LLC, in
return for providing technical support and test work for the project.

	    <<
	    About Armenia
	    -------------
	    >>

	    Armenia sits in a geological formation know as the Tethyan Belt, which
contains some of the world's largest gold porphyry deposits. The Tethyan Belt
is a major porphyry-related mineralized zone that extends across central and
South-eastern Europe, Turkey, Armenia, Iran, Pakistan, through the Himalayan
region into Burma, Malaysia, Indonesia and Papua New Guinea.
	    There are currently several mining companies extracting copper, zinc,
molybdenum and gold in Armenia, including Dundee Precious Metals which
operates the Kappan polymetallic mine, extracting zinc, copper, silver and
gold. On the exploration front, Lydian Resources is drilling a 1 million oz
gold inferred resource at its Amulsar gold project.

	    <<
	    Qualified Person
	    ----------------
	    >>

	    Mr. Jim Steel, MBA P. Geo., is the Qualified Person for the information
contained in this press release and is a Qualified Person within the meaning
of National Instrument 43-101.

	    <<
	    Disclaimer
	    ----------
	    >>

	    All numbers are historical and there is no NI 43-101 compliant report
prepared for these projects. According to the Committee for Mineral Reserves
International Reporting Standards (CRIRSCO), "C1" and "C2" classifications are
equivalent to "measured" and "indicated" resources.
	    Caldera and has not independently analyzed the results of the previous
exploration therefore the historical results should not be relied upon.
Caldera believes these historical results provide an indication of the
potential of the properties and are relevant to ongoing evaluation of the
project.

	    THIS NEWS RELEASE INCLUDES 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.

	    Additional information related to the Company is filed electronically on
the System for Electronic Document Analysis and Retrieval (SEDAR) at
www.sedar.com.





-30-
	    /For further information: Bill Mavridis, President & CEO, Caldera
Resources Inc., (514) 813-9200, [email protected]/
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