Gold Canyon Announces Expansion of Joint Exploration Agreement With Japan Oil, Gas and Metals National Corporation (JOGMEC) for Rare Earth Elements in Malawi - MarketWatch: "old Canyon Announces Expansion of Joint Exploration Agreement With Japan Oil, Gas and Metals National Corporation (JOGMEC) for Rare Earth Elements in Malawi
VANCOUVER, BRITISH COLUMBIA, Sep 08, 2011 (MARKETWIRE via COMTEX) -- Gold Canyon Resources Inc. CA:GCU -3.01% ("Gold Canyon" or "the Company") is pleased to announce commencement of a rare earth elements (REE) exploration program in Malawi, Africa through its Joint Exploration Agreement (JEA) between the Company and its joint venture participant, Japan Oil, Gas and Metals National Corporation (JOGMEC). This joint venture was established in January 2009 with the goal of targeting strategic REE projects which can be brought into production within a reasonable time frame and capital requirements. A wholly owned joint venture subsidiary, named Spring Stone Limited, a Malawi Corporation, has been established to carry out REE exploration in Mala"
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