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SourcingLink.net signs contractual agreement with Geologist, Wayne Holmstead, to conduct an exploration program on the Eldor Project

SAN DIEGO, CA–(Marketwired – Aug 27, 2014) – SourcingLink.net Inc. (PINKSHEETS: SNET) has signed a contractual agreement with consulting geologist, Wayne Holmstead, to conduct an exploration program on the Eldor Rare Earth Property Claims ( Eldor Project ) . The geological exploration program includes significant prospecting, sampling and mapping followed by extensive analysis of rock and sediment samples collected during the program.

The initial purpose of the exploration project is threefold:

  1. To investigate the high Rare Earth and Rare Earth indicator values in lake sediments on the property which were previously conducted in a 1984 survey by the Quebec Government.
  2. To look for similar Rare Earth mineralization found by Commerce Resources whose property is contiguous to the east (adjoining property).
  3. To investigate any other mineralization on the property that may be of economic interest.

Mr. Wayne Holmstead, Bachelor of Science, University of Toronto, Earth Science is an accomplished geologist with over 30 years experience, having previously worked with many Canadian (TSX) listed mining exploration companies including Windy Mountain Exploration and Western Troy Capital Resources. Mr.Holmstead has a significant amount of experience working with exploration mining projects in northern Quebec and is expected to begin the exploration program during September 2014.

Anne Carioti, CEO, commented “We are very excited to have been able to engage a quality, experienced geologist such as Wayne to help us explore an area with significant potential for a new REE discovery.”

The Eldor Project located in Northern Quebec, Canada adjoins the west boundary of Commerce Resources’ Ashram Project. The neighboring property, Ashram project, currently has a Preliminary Economic Assessment (PEA) with a Net Present Value (NPV) at a 10% discount rate of $2.32 billion, (a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%).

About The Eldor Project:

SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of 21 mineral claims covering approximately 2438 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.

About SourcingLink.net, Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company with a focus on rare metals and rare earth elements which are among the primary input materials of technology in the 21st Century.

Forward-looking Statements

This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as “expect,” “believe” or “plan,” by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Contact:

SourcingLink.net, Inc.
12526 High Bluff Drive
Suite 300 San Diego
CA 92130
Tel. 858-792-3620
Website: www.sourcinglink.org
Email : info@sourcinglink.org

SourcingLink.net Renews Claims for Eldor Project in Northern Quebec, Canada

SourcingLink.net has recently renewed all of its existing claims pursuant to its agreement (announced August 16, 2013) to acquire 100% interest in the Eldor Rare Earth Property Claims (Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of approximately 2438 acres including 21 claims and is contiguous to the west boundary of Commerce Resources’ Ashram Project which currently has a Preliminary Economic Assessment (PEA) with a Net Present Value (NPV) at a 10% discount rate of $2.32 billion, a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%.. Please see link to map of Eldor Project and surrounding region http://www.sourcinglink.org/projects ) The claims were renewed with the Ressources Naturelles du Québec including 5 claims that are valid through June 16, 2017.

Anne Carioti, CEO, has commented, “It was imperative that we maintain our current claims in an area with such significant exploration potential. We are looking forward to commencing an exploration program on the Eldor Project within the near future”

About The Eldor Project:

SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of 21 mineral rights claims covering approximately 2438 acres and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.

About SourcingLink.net, Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company with a focus on rare metals and rare earth elements which are among the primary input materials of technology in the 21st Century.

Forward-looking Statements

This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as “expect,” “believe” or “plan,” by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Contact:

SourcingLink.net, Inc.
Website: www.sourcinglink.org
Email : info@sourcinglink.org
Tel. 858-792-3620

SourcingLink.net Inc. Provides Market Update Including Plans for an Exploration Reconnaissance Program on Eldor Rare Earth Property Claims

SAN DIEGO, CA–(Marketwired – Aug 20, 2014) – SourcingLink.net Inc. (PINKSHEETS:SNET) is updating shareholders and the market pertaining to its expected plans to initiate a near term geological exploration and reconnaissance program on Eldor Rare Earth Property Claims ( Eldor Project ) in attempts to identify specific drill targets. The expected geological exploration program includes significant prospecting, sampling and mapping followed by extensive analysis of assay results from samples. The Eldor Project located in Northern Quebec, Canada adjoins the west boundary of Commerce Resources’ Ashram Project. The neighboring property, Ashram project, currently has a Preliminary Economic Assessment (PEA) with a Net Present Value (NPV) at a 10% discount rate of $2.32 billion, (a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%).

Anne Carioti, CEO, commented, “We are excited that we are making progress and that we are now moving forward and have plans to explore an area that we feel has tremendous upside potential for new REE discovery.”

As referred to in previous news release (on Sept. 25, 2013 click here) SourcingLink.net, Inc. obtained the analytical data of 2 samples of lake bottom sediments taken from an area withinits current property as part of a major regional Quebec government-sponsored 1984 survey that produced outstanding values of the rare earth element (REE) Lanthanum (La) as well as anomalously high Cerium (Ce) and Yttrium (Y) values. The 2 lanthanum values are the highest values returned from 627 lake bottom sediment samples obtained from an area of over 1640 square kilometers (630 square miles).

About The Eldor Project:

SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of 21 mineral claims covering approximately 2438 and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.

About SourcingLink.net, Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company with a focus on rare metals and rare earth elements which are among the primary input materials of technology in the 21st Century.

Forward-looking Statements

This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as “expect,” “believe” or “plan,” by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

SourcingLink.net

12526 High Bluff Drive, Ste 300

San Diego, CA 92130

Phone 858-792-3620

Website: www.sourcinglink.org

Email : info@sourcinglink.org

SourcingLink.net Inc. REE Properties To Take Advantage of Growing Industry Sector

SAN DIEGO, CA–(Marketwired –August 4, 2014) – SourcingLink.net Inc. (OTC Markets:SNET) Is continuing its work with its property and looking to expand its work in this growing sector. As the tech industry is in need of Rare Earth Elements (“REE”) in its manufacturing, Sourcing Link is constantly looking to work in its existing properties and potentially adding to its portfolio of existing properties. As per the recent published article in Mining.com article on June 29, 2014 the REEs support a manufacturing sector worth between $2 trillion and $4.8 trillion. Director general of the industry and analyst for the Canadian Department of Natural Resources, Christiane Villemure, says in its report: “Over the last 10 to 15 years, the world consumption of REEs has increased at 8% to 12% per annum, a trend that experts agree will continue, and may increase.”

SourcingLink.net Inc. during Fiscal Year 2013 acquired The Eldor Property in Northern Quebec, Canada, which is located adjacent and contiguous to Commerce Resources Corporation’s Ashram Deposit which currently has a Preliminary Economic Assessment (PEA) with a Net Present Value (NPV) at a 10% discount rate of $2.32 billion.

Rare Earth Element are used in much of the today’s technology items such as iPhones or smart phones, flat panel HD TV’s, Hybrid Cars, Wind Turbines, iPad’s and Computers including many other electronic devices and the Company believes that the demand for REE will only increase as it will be an integral part of technology in the future. According toLivescience.com “the elements rapid rise from lab curiosities to helping supply the hearts of modern electronics has put strain upon existing supply chains, and experts worry any supply disruptions could slow the pace of innovation. Now countries all over the world have begun racing to secure new reserves, boost recycling and find material substitutes for these energy critical materials.”

About The Eldor Project:

SourcingLink.net Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of 21 mineral claims covering approximately 2438 acreage and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.

About SourcingLink.net Inc.:

SourcingLink.net is a U.S. based publicly traded exploration and development company with a focus on rare metals and rare earth elements which are among the primary input materials of technology in the 21st Century.

Forward-looking Statements

This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as “expect,” “believe” or “plan,” by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Contact:

Website: www.sourcinglink.org

Email: info@sourcinglink.org

Tel: 858-792-3620