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Todays is : Thursday, 11 March 2010

TSX and TSX Venture Mining and Metals News

  • Gabriel Resources Ltd.: Fourth Quarter 2009 Report

    TORONTO, ONTARIO--(Marketwire - March 11, 2010) - Gabriel Resources Limited (TSX:GBU)

  • CONSOL's $200 Million Wyoming Coal Mine Begins Permitting Process, an Industrial Info News Alert

    SUGAR LAND, TX--(Marketwire - March 11, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- As the world slowly sees signs of economic recovery, CONSOL Energy Incorporated (NYSE:CNX) (Canonsburg, Pennsylvania) and Chevron Corporation (NYSE:CVX) (San Ramon, California) are proceeding cautiously with plans to develop one of the highest quality reserves remaining in the Powder River Basin.

  • Is Australia Entering a China-Driven 20-Year Resources Boom? (Part 1 of 2), an Industrial Info News Alert

    PERTH, AUSTRALIA--(Marketwire - March 11, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- A senior executive of the Reserve Bank of Australia has recently predicted that Australia will enjoy a China-led resources boom that will last for the next 20 years. Phillip Lowe, the assistant governor of the Reserve Bank, which is Australia's central bank, used a speech last month on global economic conditions to reveal that the Reserve Bank is very bullish about the Australian economy. In particular, Lowe felt that China was becoming increasingly reliant on Australia to supply the raw materials to make steel. Steel is the key component necessary in building China's infrastructure and fuelling the country's minimum annual growth of 8%, which China's leaders believe is required to avoid internal unrest in the country.

  • Lake Shore Gold Announces 2009 Year End Results, Continued Exploration and Development Success, Timmins Mine to Achieve Commercial Production in 2010
    TORONTO, ONTARIO--(Marketwire - March 10, 2010) - Lake Shore Gold Corp. (TSX:LSG) ("Lake Shore Gold" or "the Company") today reported financial and operating results for the fiscal year and fourth quarter ended December 31, 2009. Key operating highlights of 2009 and to date 2010 are provided below. -
  • Advanced Explorations' Additional Metallurgical Work Confirms PEA C-Zone Findings

    TORONTO, ONTARIO--(Marketwire - March 10, 2010) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to announce that metallurgical work undertaken by COREM on the C Zone core samples of AEI's Roche Bay Magnetite Project located on the coast of the Melville Peninsula in Nunavut, Canada, has verified the previous work performed by SGS Lakefield Research. The additional metallurgical work was carried out as part of the Definitive Feasibility work requirements. The results have confirmed it is possible to produce a concentrate that meets the operational requirements of an iron nugget plant and, in addition, a standard concentrate quantity that meets the quality specification imposed on standard concentrate. The Company's 2010 plan is to undertake the necessary work (metallurgical, engineering, drilling, etc.) to complete a Definitive Feasibility Study. The results from the Prelimi

  • Crescent Gold Limited: Successful Completion of Second Ore Processing Campaign

    PERTH, WESTERN AUSTRALIA--(Marketwire - March 10, 2010) -

  • MBAC Fertilizer Corp. Announces Filing of Second Quarter Financial Statements

    TORONTO, ONTARIO--(Marketwire - March 10, 2010) - MBAC Fertilizer Corp. (TSX:MBC) ("MBAC" or the "Company") announced today that it has filed its second quarter interim consolidated financial statements and related management's discussion and analysis for the three and six month period ended January 31, 2010. A copy of the interim consolidated financial statements can be found on the Company's SEDAR profile at www.sedar.com and on the Company's website (www.mbacfert.com).

  • GlobeStar Reports Increased Cash Balances at December 31, 2009 and Provides 2010 Guidance
    TORONTO, ONTARIO--(Marketwire - March 10, 2010) - (
  • C2C confirme la refonte de son capital-actions et le changement de son nom pour Holding Clé d'Or inc.

    QUEBEC, QUEBEC--(Marketwire - 10 mars 2010) - Société aurifère C2C inc. ("C2C" ou la "Compagnie")(TSX CROISSANCE:CCN) annonce qu'elle procédera à la refonte de son capital-actions selon un ratio de 10 actions ordinaires contre une action ordinaire. Tel qu'annoncé le 19 février 2010, cette opération a été préalablement approuvée par les actionnaires de la Compagnie lors de l'assemblée générale extraordinaire tenue le 11 février 2010 (l'« Assemblée »). Cette refonte a également fait l'objet d'une approbation de la part de la Bourse de croissance TSX. La refonte du capital-actions de la Compagnie sera en vigueur en bourse à l'ouverture des marchés, jeudi, le 11 mars 2010. Ce faisant, le symbole de C2C passera de CCN à KGH et le nombre d'actions ordinai

  • C2C Confirms Consolidation of its Share Capital and Change of its Name for Key Gold Holding Inc.

    QUEBEC CITY, QUEBEC--(Marketwire - March 10, 2010) - C2C Gold Corporation Inc. ("C2C" or the "Company")(TSX VENTURE:CCN) announces that it will implement the consolidation of its share capital on the basis of 10 common shares for one common share. As announced on February 19, 2010, this operation was previously approved by the Company's shareholders at the Special General Meeting held on February 11, 2010 (the "Meeting"). This consolidation was also approved by the TSX Venture Exchange. The consolidation of the Company's share capital will take effect on the exchange at the market opening on Thursday, March 11, 2010. C2C's stock symbol will change from CCN to KGH and the number of common shares outstanding will decrease from 103,404,344 to 10,340,434 common shares.

  • Valdez Gold Inc. Announces Closing of Private Placement Financing

    TORONTO, ONTARIO--(Marketwire - March 10, 2010) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

  • Almaden Minerals Ltd.: Tuligtic Copper Project Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Almaden Minerals Ltd. (TSX:AMM)(NYSE Amex:AAU) and its Mexican subsidiary Minera Gavilan S.A. de C.V. (together referred to as "Almaden") are pleased to announce results of a 2,973.05 meter seven hole preliminary diamond drilling program now completed at the Tuligtic copper-molybdenum project, Mexico. The Tuligtic project is located twenty-one kilometres north of Puebla State, and covers a large area of alteration and mineralisation including intense sericite-quartz-pyrite alteration and stockwork veining and potassic alteration. The exposed alteration is interpreted to represent a quartz-sericite-pyrite cap to a large porphyry copper-molybdenum system. Highlights of the drill program include 38 meters of 0.13% copper from 164 to 202 meters and 46 meters of 0.11 copper from 416 to 462 meters in hole DDH-01, 20 meters of 0.17% copper from 94 to 114 meters and

  • Typhoon Grants Options

    LAVAL, QUEBEC--(Marketwire - March 10, 2010) - TYPHOON EXPLORATION INC. (TSX VENTURE:TYP) announces that, on March 9, 2010, the Board of Directors has approved a grant of 270,000 stock options, to its directors, employee and consultants, under the company's Stock Option Plan.

  • Typhon octroie des options

    LAVAL, QUEBEC--(Marketwire - 10 mars 2010) - EXPLORATION TYPHON INC. (TSX CROISSANCE:TYP) annonce que le 9 mars 2010, le Conseil d'administration a approuvé l'octroi de 270 000 options d'achat d'actions à ses administrateurs, employé et consultants, selon les modalités du Régime d'options d'achat d'actions de la Société.

  • Oil-Dri Announces Second Quarter and Six-Month Results

    CHICAGO, IL--(Marketwire - March 10, 2010) - Oil-Dri Corporation of America (NYSE: ODC) reported net sales for the second quarter of $54,734,000, a 7% decrease compared with net sales of $59,130,000 for the same quarter of the previous year. Net income for the second quarter was $2,262,000, or $0.31 per diluted share, a 6% decrease compared with net income of $2,372,000, or $0.33 per diluted share in the same quarter one year ago.

  • Alberta Star Announces 5:1 Consolidation of Common Shares

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Alberta Star Development Corp. (TSX VENTURE:ASX)(OTCBB:ASXSF)(FRANKFURT:QLD) (the "Company") is pleased to announce that at its annual and special meeting (the "Meeting") of shareholders held on February 8, 2010, shareholders approved a special resolution to consolidate (the "Consolidation") its issued and outstanding common shares ("Common Shares") at a ratio (the "Ratio") of one (1) new Common Share for up to every five (5) outstanding Common Shares. The 5:1 Ratio has been approved by the Board of Directors after the Meeting. No name change or change of trading symbol will be undertaken in connection with the Consolidation.

  • Update of Almaden's Exploration Activites and 2010 Corporate Objectives

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX:AMM)(NYSE Amex:AAU) wishes to provide shareholders details of its 2010 corporate and exploration plans and a brief review of its most important projects. Chairman J.D. Poliquin stated, "We have a portfolio of projects with outstanding potential and our company is now in an excellent position financially and technically to aggressively advance them. These projects include the copper-gold porphyry portion of the Caballo Blanco project, now called El Cobre, in partnership with Goldgroup. We look forward to reporting drill results from this and other projects in what will be a busy year for the company." The Company has no debt and as of January 10, 2010 had $C13.0 Million in cash, $C2.5 Million in equity holdings and 1,590 ounces of refined gold. The company plans to spend $2M in exploration including property work

  • Ascot Resources Ltd. Acquires the Mt. Margaret Property

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Ascot Resources Ltd. ("Ascot") (TSX VENTURE:AOT) is very pleased to announce the signing of an Option Agreement to purchase all of the interests of the Mt. Margaret property held by General Moly Inc. in the St. Helens Mining district of Skamania county in Washington state.

  • Rhyolite Resources Ltd. Closes Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) -

  • Avascent Releases White Paper on Adjacent Market Growth

    WASHINGTON, DC--(Marketwire - March 10, 2010) -  The Avascent Group, Washington, DC's leading strategy and management consulting firm, has released its latest white paper covering growth in new markets. "Growing When Growth is Hard -- Finding New Opportunities in an Uncertain Market" builds off of Avascent's recent presentation at the Wharton Aerospace Conference at the University of Pennsylvania. Each piece of analysis is aimed at helping businesses plan for and achieve growth in difficult budget and economic environments.

  • Cameco Investor Webcast Advisory
    SASKATOON, SASKATCHEWAN--(Marketwire - March 10, 2010) - A
  • Taku Gold Amends Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) announces an amendment to a non-brokered private placement announced February 24, 2010. The Company will now raise up to $500,000 by the Company issuing up to 5,000,000 non-flow-through units at a price of $0.10 per unit, each unit consisting of one post-consolidated common share and one-half share purchase warrant. One whole warrant will entitle the holder thereof to acquire one additional common share of the Company for a period of two years at a price of $0.15.

  • Kinetex Announces Change of Auditor

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Kinetex Resources Corporation ("Kinetex" or the "Company") (TSX VENTURE:KTX) announced today that its Board of Directors have appointed BDO Canada LLP (formerly, BDO Dunwoody LLP) ("BDO" or the "Successor Auditors") as the Company's new auditor, replacing Meyers Norris Penny LLP ("MNP" or the "Former Auditors").

  • Candorado Closes $100,000 Non-Brokered Private Placement and Proceeds With Work Programs

    KELOWNA, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Candorado Operating Company Ltd. (the ''Company") (TSX VENTURE:CDO)(FRANKFURT:HQU)(BERLIN:HQU) is pleased to announce it has received TSX Venture Exchange ("TSX-VE") final approval on February 16, 2010, for a non brokered private placement of 2,000,000 units at a price of $0.05 per unit for total proceeds of $100,000.

  • Paget Minerals Announces $175,000 Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Paget Minerals Corp. (TSX VENTURE:PGS) ("Paget" or the "Company") today announced that the Company has completed a non-brokered private placement of 875,000 common shares ("Shares") at $0.20 per Share to raise a total of $175,000. The shares are subject to a hold period of four months and one day, expiring July 11, 2010.

  • Great Panther Commences 6,000 Metre Drill Program at Topia Mine

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - GREAT PANTHER SILVER LIMITED (TSX:GPR) (the "Company") is pleased to report that a 6,000 metre surface drill program has begun at the Topia Mine in Durango, Mexico. The program is part of the 65,000 metre drilling campaign announced by the Company (Sept. 16, 2009) that aims to build Great Panther's resource base to approximately 40 million silver equivalent ounces by 2012.

  • Largo Resources Closes Second Tranche of Private Placement Financing

    Proceeds intended to be used to acquire additional 35% interest in Maracas Project

  • Eagle Hill Extends Windfall Lake Gold Zone With Initial Drilling Returning 19.61 g/t (Cut 3.51 g/t) Gold Over 33 Meters

    Drilling program extended to 10,000 meters

  • Olympus Announces Private Placement of Up to CAD$12.75 Million

    TORONTO, ONTARIO--(Marketwire - March 10, 2010) -

  • Exploration NQ inc. : Emission d'actions ordinaires au Fonds de Solidarité FTQ et Sidex

    LAVAL, QUÉBEC--(Marketwire - 10 mars 2010) - Exploration NQ inc. (TSX CROISSANCE:NQE) annonce que, sur approbation de la Bourse de croissance TSX, Exploration NQ inc. émettra en faveur du Fonds de solidarité FTQ et de Sidex, société en commandite (Sidex), 39 558 actions ordinaires chacune (79 116) au prix de 0,187 $ par action en paiement des intérêts sur la débenture de 7 397,26 $ (Sidex) et 7 397,26 $ (Fonds de solidarité FTQ) pour un total de 14 794,52 $ et dus le 2 mars 2010. Le paiement des intérêts est exigible selon les débentures émises en vertu de conventions de souscription datées du 3 septembre 2009 selon lesquelles, NQ a émis, en faveur du Fonds de solidarité FTQ et de Sidex, une débenture convertible au montant de 125 000 $ chacune dont les intérêts son

  • NQ Exploration Inc.: Common Shares Issued to the Fonds de Solidarite FTQ and Sidex

    LAVAL, QUEBEC--(Marketwire - March 10, 2010) - NQ Exploration Inc. (TSX VENTURE:NQE) announces that, subject to the approval of the TSX Venture Exchange, it will issue 39,558 common shares to each of the Fonds de solidarité FTQ and Sidex Limited Partnership ("Sidex") (79,116 common shares) at a price of $0.187 per share in payment of debenture interest of $7,397.26 (Sidex) and $7,397.26 (Fonds de solidarité FTQ) for a total of $14,794.52 due on March 2, 2010. Interest is payable on debentures issued under the terms of subscription agreements dated September 3, 2009, pursuant to which NQ issued to each of the Fonds de solidarité FTQ and Sidex a convertible $125,000 debenture on which interest is payable semi-annually, either in cash or in common shares of the Company's capital stock. 

  • Allied Gold Resources Hit 7.8 Million oz

    Allied Gold Total Inventory 7.8 Moz at Simberi (PNG) and Gold Ridge (Solomon Islands)

    Simberi , PNG

    - Measured, Indicated and Inferred Resources of 156.6 Mt at 1.13 g/t for 5.69 Moz of gold

    - 170% increase in Measured and Indicated Resources

    Gold Ridge, Solomon Islands

    - 37.8 Mt at 1.74 g/t for 2.11 Moz of gold

  • Allied Gold Limited: Gold Ridge Mining Limited Contract Awarded Project Commencement Imminent

    TORONTO, ONTARIO--(Marketwire - March 10, 2010) -

  • Industrial Wireless Leader Apprion Continues Momentum With $8M in Series C Funding

    PEI Funds Joins Motorola Ventures, Chevron Technology Ventures, Allegis Capital, and Anvil Investment Associates LP in Series C Investment

  • Apoquindo Announces Appointment of James Gilbert to Board

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Apoquindo Minerals Inc. (TSX VENTURE:AQM) ("Apoquindo" or "the Company") is pleased to announce the appointment of James Gilbert to its board of directors.

  • Prominex Resource Corp.: Private Placement Closed

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Prominex Resource Corp. (TSX VENTURE:PXR) announced today that the TSX Venture Exchange has accepted for filing the final documentation with respect to the Non-Brokered Private Placement announced on January 12th, 2010. The Private Placement is closed for 3,900,000 units at a price of $0.05 per unit for total proceeds of $195,000.00. Each unit consists of one common share ("Common Share") and one common share purchase warrant ("Warrant"). Each whole warrant will be exercisable at CAD$0.10 into one common share for a period of 12 months from Closing.

  • Crowflight Resumes Milling Operations at Bucko

    TORONTO, ONTARIO--(Marketwire - March 10, 2010) - CROWFLIGHT MINERALS INC. ("Crowflight" or the "Company") (TSX:CML) is pleased to announce that milling operations have resumed at the Bucko Lake Nickel Mine ("Bucko Mine") located in the Thompson Nickel Belt near Wabowden, Manitoba. Crowflight will continue to update the market as it continues its return to full-scale production at the Bucko Mine.

  • Queenston Nets $10.7 Million from the Exercise of Warrants

    TORONTO, ONTARIO--(Marketwire - March 10, 2010) - QUEENSTON MINING INC. (TSX:QMI)(FRANKFURT:QMI)(STUTTGART:QMI) ("Queenston" or "the Company") is pleased to announce that it has received $10,735,780 as a result of the exercise of warrants attached to the financing completed on March 4, 2009. As a result, the Company's cash position is now approximately $47 million.

  • BioteQ Advances Third Project in China

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of industrial waste water, announced that the company has initiated a third water treatment project in joint venture with Jiangxi Copper Company (JCC). The project is located at the Dexing Mine in China, to recover nickel and cobalt using a novel modification of conventional ion-exchange technology developed by BioteQ. The new plant will be in addition to the existing ChemSulphide® plant that currently operates at the Dexing site to recover copper from mine wastewater.

  • Iberian Minerals Arranges Financing for Raul Purchase

    TORONTO, ONTARIO--(Marketwire - March 10, 2010) - Iberian Minerals Corp. (TSX VENTURE:IZN) is pleased to announce that its subsidiary, Compania Minera Condestable S.A. ("Condestable") has entered into a mandate letter dated March 8, 2010 with Societe Generale to arrange an amended senior, secured debt facility. The proposed facility will provide funding for the completion of the Raul lease and royalty purchase, as previously announced on December 23, 2009, which is scheduled to close not later than March 31, 2010.

  • Castillian Proceeds With Agreement on Hope Brook Gold Mine Project, Newfoundland

    TORONTO, ONTARIO--(Marketwire - March 10, 2010) - Castillian Resources Corporation ("Castillian" or the "Company") (TSX VENTURE:CT) is pleased to announce that it has completed satisfactory due diligence with respect to its previously announced agreement to acquire a 100% interest in approximately 993 claims comprising the Hope Brook Gold Project located on the southwest coast of Newfoundland (the "Property"; Figure 1) from the Quinlan Brothers prospectors (the "Vendors"). Pursuant to the letter agreement entered into between the Company and the Vendors, Castillian has made its initial payment to the Vendors consisting of a cash payment in the amount of $35,000 cash and has issued 100,000 Common Shares to the Vendors (See Press Release dated February 8, 2010).

  • Canadian Shield Resources Ltd.

    TORONTO, ONTARIO--(Marketwire - March 10, 2010) - Canadian Shield Resources Ltd. (TSX VENTURE:EXP) ("Canadian Shield" or the "Company") at the request of the IIROC, on behalf of the TSX Venture Exchange announces that the Company is not aware of any material undisclosed development at this time that would cause the recent increase in market activity and decline in its share price.

  • International Tower Hill Increases Indicated Resources at Livengood Gold Project, Alaska: Indicated Resource 9.3M Ounces of Gold @ 0.5 g/t Gold Cutoff

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX:ITH)(NYSE Amex:THM)(FRANKFURT:IW9) is pleased to announce the results of the updated independently prepared resource estimate for the Livengood gold project, Alaska. Data used in this resource update includes the final 64 drill holes completed in late 2009. Successful infill drilling targeted several previously un-estimated mineralized areas of the Northeast and Sunshine Zones of the deposit. Results are anticipated to have a positive impact on the strip ratio and mining economics (current low strip ratio of 0.8-1, waste-ore). The Money Knob deposit is still open in several directions (including at depth).

  • General Metals Achieves + 90% Extraction of Gold in Large Diameter Column Tests on Independence Surface Oxide Mineralization

    RENO, NV--(Marketwire - March 10, 2010) -  General Metals Corporation ("the Company") (OTCBB: GNMT) (FRANKFURT: GMQ) is pleased to announce large diameter column leach tests on coarse crushed ore from the Independence have both yielded greater than 90% gold extraction after a 140 day leach cycle. These tests were conducted by McClelland Laboratories of Reno, Nevada on ore which had been crushed to 80 percent passing six inch and 80 percent passing 2 inch respectively. The leach on the six inch crush size was conducted on 1.9 tons of mineralized material and the 2 inch crush was conducted on 2.0 tons of material. Both column volumes are from bulk samples collected under the supervision of McClelland Lab personnel from the Independence Hill Zone. Actual leach extraction for the 4 inch crush was 91.45% of the screened head gold grade,

  • India's Bhushan Steel to Invest $6.1 Billion in 6 Million-Ton Value-Added Steel Mill, an Industrial Info News Alert

    BANGALORE, INDIA--(Marketwire - March 10, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading Indian manufacturer of auto-grade steel Bhushan Steel Limited (BSE: 500055) (New Delhi) plans to invest $6.1 billion to develop a value-added steel mill at Bellary in the southern Indian state of Karnataka. Company officials from Bhushan Steel told Industrial Info that the proposed mill will have the capacity to produce 6 million tons per year of hot-rolled coil.

  • Allied Gold Limited: 2 Million Ounces in Measured and Indicated Resources at Pigiput and Pigibo Deposits Increased by 170%

    TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Allied Gold Limited (TSX:ALG)(AIM:AGLD)(ASX:ALD)

  • Victoria Gold to Host Conference Call on Wednesday, March 10th, 2010 at 10:00 am EST

    TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Victoria Gold Corp. (TSX VENTURE:VIT) ("Victoria" or the "Company") will host a conference call regarding the Pre-feasibility results for the Eagle Gold Project. The call will be hosted by Chad Williams, President, CEO, and Director and John McConnell, Executive VP and Director.

  • Victoria Gold Corp. Announces Positive Pre-Feasibility Results for the Eagle Gold Project

    TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Victoria Gold Corp. (TSX VENTURE:VIT) ("Victoria" or the "Company") is pleased to announce the results from a National Instrument 43-101 compliant pre-feasibility study (the "Study") for its 100% owned Eagle gold project in the Yukon Territory. The pre-feasibility study was prepared by Scott Wilson Roscoe Postle Associates Inc. in association with Kappes, Cassidy & Associates and BGC Engineering Inc.

  • Reservoir Capital Corp.: New Appointments and the Granting of Incentive Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Reservoir Capital Corp. (the "Company" or "Reservoir") (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC) is pleased to announce the appointment of Winston Bennett to its Board of Directors, and Milan Cusic to the role of Deputy Director of its Serbian subsidiary Renewable Energy Ventures D.o.o.

  • Downstream From Sunergy's 150 sq. km. Nyinahin Concession, 1.45 Million ozs of Gold Have Been Produced From the Offin River Valley, More Than From Any Other River System in Ghana

    SCOTTSDALE, AZ--(Marketwire - March 9, 2010) -  Sunergy, Inc (the "Company") (OTCBB: SNEY) is pleased to release a new report prepared by Robert Levich CPG, EurGeol, Director and Chief of West African Operations (See Press Release dated December 21, 2009) discussing the alluvial gold recovery potential along the Offin River and its tributaries that flow through the eastern portion of our 150 sq. km. Nyinahin mining concession in Ghana, West Africa. The report can be reviewed in its entirety on the Company's website www.sunergygold.com

  • Opta Minerals Inc. Reports Fourth Quarter and Year End Results for Fiscal 2009

    WATERDOWN, ONTARIO--(Marketwire - March 9, 2010) - Opta Minerals Inc. (TSX:OPM), today announced results for the three and twelve months ended December 31, 2009. All figures are reported in U.S. dollars and in accordance with Canadian Generally Accepted Accounting Principles (GAAP), except where otherwise noted.

    For the three months ended December 31, 2009, the net earnings were $0.6 million, or $0.04 per diluted common share, versus a net loss of ($2.2 million) or ($0.12) per diluted common share for the fourth quarter in 2008. The prior year fourth quarter results included an inventory write down in the amount of $2.8 million. Year to date, the net loss for the twelve months ended December 31, 2009 was ($6.2 million) or ($0.34) per dilutive common share, versus net earnings of $2.5 million or $0.14 per diluted common share during 2008. The year-to-date results include a non-c

  • Alto Group Updates Operational Plans and Market Conditions

    NEW YORK, NY--(Marketwire - March 9, 2010) -  Alto Group Holdings, Inc. (OTCBB: ALTO) ("Alto Group" or the "Company") today wishes to provide a corporate update regarding current market conditions and Management plans to increase shareholder value by increasing the asset position within the company's portfolio.

  • TNR Provides Update on Los Azules Copper Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - TNR Gold Corp. ("TNR" or the "Company") (TSX VENTURE:TNR) is pleased to provide the following update on the status of its Los Azules copper project located in the San Juan province of Western Argentina. Minera Andes Inc. ("MAI"), announced yesterday that they have received positive results from their diamond drill program of approximately 8,800 metres at the Los Azules project. For further details on the exploration program, please refer to MAI's news release of March 8, 2010.

  • Fission Arranges Brokered Private Placement

    KELOWNA, BRITISH COLUMBIA--(Marketwire - March 9, 2010) -

  • Esperanza Silver Corp./Cerro Jumil: Calabazas Zone Continues to Grow
    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Esperanza Silver Corp. (TSX VENTURE:EPZ)(PINK SHEETS:ESPZF) (EPZ) announces the results of its on-going drilling campaign at its 100% owned Cerro Jumil gold project in Morelos State, Mexico. Highlights of the drill results include: /
  • Encore Renaissance Comments on Cease Trade Order

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - ENCORE RENAISSANCE RESOURCES CORP. (TSX VENTURE:EZ), (FRANKFURT:OUH1), (PINK SHEETS:ERRCF) Encore Renaissance Resources Corp. (the "Company" (TSX VENTURE:EZ) has not completed the Audited Annual Financials due to the complexity of the company's acquisition plan that it instituted over the past year.

  • West Fourth Capital Inc. Announces Option Agreement Entered Into With Bruce A. Doyle for a Mineral Property Located Near Nelson, British Columbia

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) -

  • Ditem Explorations : Début du programme de forage sur la propriété d'Otish Uranium

    MONTREAL, QUEBEC--(Marketwire - 9 mars 2010) - Ditem Explorations (TSX CROISSANCE:DIT) a le plaisir d'annoncer que le programme d'exploration 2010 de la Compagnie sur sa propriété Otish Uranium a maintenant débuté. Un camp entièrement opérationnel a été établi sur place pour accommoder les équipes de géophysique et de forage. Le forage de la première cible a débuté hier.

  • Savant Explorations Ltd. Announces $800,000 Flow-Through Share and $200,000 Unit Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) -

  • Amerigo's Chilean Operations Resume Full Production

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Amerigo Resources Ltd. ("Amerigo" or the "Company") (TSX:ARG) is pleased to report that production has resumed at Minera Valle Central ("MVC"), the Company's Chilean subsidiary.

  • Chairman of Pan American Silver, Ross Beaty, Receives Viola MacMillan Award During PDAC

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) ("Pan American" or the "Company") is pleased to announce that Mr. Ross Beaty, the Company's founder and Chairman, was presented with the prestigious Viola MacMillan Award at last night's Prospectors and Developers Association of Canada ("PDAC") gala awards dinner, in Toronto. 

  • Terrane Appoints New Chief Financial Officer

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Robert Pease, President and CEO of Terrane Metals Corp. ("Terrane" or the "Company") (TSX VENTURE:TRX), is pleased to announce the appointment of Mr. Basil Huxham, CA, as the Company's new Chief Financial Officer. Mr. Huxham replaces Mr. Edward Farrauto who will continue to serve as a Director of the Company.

  • Kilo Mobilizes Drills to the Somituri Project, a Former Gold Producer in the DRC and Provides an Update on Masters Project

    TORONTO, ONTARIO--(Marketwire - March 9, 2010) -

  • Orocan Announces Qualifying Transaction

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Orocan Resource Corp. (the "Company") (TSX:OR.P) is pleased to announce that it has entered into an agreement (the "Agreement") dated March 8, 2010 to acquire a 70% undivided interest in the TJ Ridge mineral property (the "Property"), located in the Skeena Mining Division of British Columbia, Canada. The vendor of the Property is Roxgold Inc. (TSX VENTURE:ROG), an arm's-length company. It is expected that this transaction will constitute the Company's Qualifying Transaction as defined by the TSX Venture Exchange.

  • Trelawney Adopts Shareholder Rights Plan

    TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Trelawney Mining and Exploration Inc. (the "Company") (TSX VENTURE:TRR) announces that the Company's Board of Directors has approved the adoption of a shareholder rights plan (the "Plan"), to ensure, to the extent possible, that all Trelawney shareholders are treated equally and fairly in connection with any take-over bid, and to provide sufficient time for all shareholders to consider any such transaction. Trelawney is not aware of any pending of threatened take-over bids for the Company.

  • Les Mines J.A.G. Ltée : Recherche de pétrole et gaz naturel au Québec

    MONTREAL, QUEBEC--(Marketwire - 9 mars 2010) -

  • J.A.G. Mines Ltd.: Quebec Oil And Natural Gas Exploration

    MONTREAL, QUEBEC--(Marketwire - March 9, 2010) -

    Closing of a $500,000 private placement

  • Cavan Updates on the Private Placement and KM Property

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Cavan Ventures Inc. (TSX VENTURE:CVN), a public mineral exploration company based in Vancouver, British Columbia, wishes to update its current status of the private placement announced on December 9, 2009. The private placement consists of the issuance up to 1,250,000 units at a price of $0.20 per unit. Each of the units will consist of one common share, plus one half non-transferable share purchase warrant. Each whole warrant entitling the holder to purchase one additional common share at a price $0.30 per share for a period of two years.

  • Cancor recueille 500 000 $ en vertu d'un placement privé

    MONTRÉAL, QUEBEC--(Marketwire - 9 mars 2010) - Mines Cancor Inc. ("Cancor") (CNSX:KCR) est heureuse d'annoncer qu'elle a complété un placement privé de 10 000 000 unités au prix de 0,05 $ l'unité pour un produit brut de 500 000 $. Approximativement 40 % de l'émission a été souscrite par les administrateurs et dirigeants de la Compagnie. Chaque unité est composée d'une action ordinaire de Cancor, d'un demi bon de souscription 2010 (« bon de souscription 2010 ») et d'un demi bon de souscription 2011 (« bon de souscription 2011 »). Chaque bon de souscription 2010 entier permettra à son porteur d'acquérir une action ordinaire de Cancor au prix de 0,10 $ jusqu'au 30 septembre 2010 et chaque bon de souscription 2011 entier permettra à son porteur d'acquérir une action ordinaire de Cancor au prix de 0,15

  • Cancor Raises $500,000 Pursuant to a Private Placement

    MONTREAL, QUEBEC--(Marketwire - March 9, 2010) - Cancor Mines Inc. ("Cancor") (CNSX:KCR) is pleased to announce it has completed a private placement of 10,000,000 units at a price of $0.05 per unit for gross proceeds of $500,000. Approximately 40% of the issue has been subscribed by directors and officers of the Company. Each unit is comprised of one common share of Cancor, one half of a 2010 common share purchase warrant (a "2010 Warrant") and one half of a 2011 common share purchase warrant (a "2011 Warrant"). Each whole 2010 Warrant will entitle its holder to acquire one common share of Cancor at a price of $0.10 until September 30, 2010 and each whole 2011 Warrant will entitle its holder to acquire one common share of Cancor at a price of $0.15 until September 30, 2011. For additional details on the placement please refer to the Company's press release of January 19, 2010.

  • NovaGold Announces Completion of US$100 Million Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) today announced that it has closed its non-brokered offering of 18,181,818 common shares of the Company at a price of US$5.50 per common share for gross proceeds of US$99,999,999 (the "Offering"), as announced on March 4, 2010. The Offering was made to several investment funds managed by Paulson & Co. Inc. ("Paulson") pursuant to a subscription agreement dated March 4, 2010 between the Company and Paulson on behalf of such funds. The Company's US$75 million equity financing announced on March 8, 2010 is scheduled to close on March 11, 2010.

  • VVC Exploration to Acquire Beauce-Bellechase Gold, Southern Quebec

    TORONTO, ONTARIO--(Marketwire - March 9, 2010) - VVC EXPLORATION CORPORATION (TSX VENTURE:VVC)(FRANKFURT:V7S) ("VVC" or the "Company") is pleased to announce that it has signed a Letter of Intent ("LOI") to acquire a 100% interest in the Beauce-Bellechasse Gold Property (BB Gold Property) consisting of 250 mining claims covering over 13,500 hectares (135 km2). The Property is located 70 km southeast of Québec City.

  • American Manganese Reports on Artillery Peak Manganese Plans and Lonnie/Virgil Explorations

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc., (TSX VENTURE:AMY)(PINK SHEETS:AMYZF) ("American Manganese" or the "Company") reports that Company's upcoming drill program on its Artillery Peaks Manganese Project, located south of Kingman Arizona is getting underway and aggressively plans to move the Project forward through the exploration/evaluation process to a successful production decision as follows:

  • Diadem Closes Equity Financing of $400,000

    MONTREAL, QUEBEC--(Marketwire - March 9, 2010) - Diadem Resources Ltd. (TSX VENTURE:DRL) ("Diadem" or the "Company") announces today that it has closed its previously announced non-brokered private placement to raise $400,000 through the sale of 8,000,000 Units at $0.05 per Unit.

  • ICN Resources Ltd.: Encouraging Phase I Results from Hog Ranch Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - ICN Resources ("ICN" or the "Company") (TSX VENTURE:ICN) is pleased to announce the results of its Phase I drill program at its wholly owned Hog Ranch project, located in northwestern Nevada. In late December, 2009, ICN completed 2,856 metres (9,370 ft.) of drilling in 13 reverse circulation (RC) holes and 1,427.1 metres (4,682 ft.) in five core holes, for a total of 4,283.1 meters (14,052 ft) in18 drill holes. This Phase I program was designed to test for steeply dipping, high grade gold "feeder structures" lying beneath and around previously mined open pits. Potential structural trends, defined by 3D analysis of historical drill data, were the focus of most of the drilling completed during this Phase I program. Areas of high grade mineralization such as that encountered in drill hole 8-199, which intercepted 194.1 g/t Au over 1.5 metres beneath the

  • Consolidated Abaddon Phase One Drill Program Completed on Raleigh Lake Lithium Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Consolidated Abaddon Resources Inc. (TSX VENTURE:ABN) (FRANKFURT:E2L) (the "Company") has completed a seven hole, 1464 metres, diamond drilling program at its Raleigh Lake Lithium property located in the Kenora Mining Division in northwestern Ontario. 

  • Laramide Reports Remaining Assays From 2009 Drilling at Westmoreland

    Highlights Include WDD09-137(Junnagunna) with 20 metres grading 0.25% U3O8 from 56 metres depth

  • Candente Copper Completes $6.2 Million Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) -

    NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

  • First Gold Makes $800,000 Loan to Conway Resources

    LAVAL, QUEBEC--(Marketwire - March 9, 2010) - First Gold Exploration Inc. (TSX VENTURE:EFG) (FRANKFURT:F12) and Conway Resources Inc. (TSX VENTURE:CWY) have signed an $800,000 loan agreement that will enable Conway Resources to finalize the transaction for the acquisition of the Belleterre Mine and meet the TSX Venture Exchange minimum working capital requirements. The loan bears monthly interest at 1% and matures in one year. It is also secured by all the assets of Conway.

  • First Gold prête 800 000 $ à Ressources Conway

    LAVAL, QUEBEC--(Marketwire - 9 mars 2010) - Exploration First Gold inc. (TSX CROISSANCE:EFG) (FRANCFORT:F12) et Ressources Conway inc. (TSX CROISSANCE:CWY) ont conclu une entente de prêt de 800 000 $ qui permettra à Ressources Conway de finaliser la transaction pour l'acquisition de la mine Belleterre et de respecter les exigences minimales de la Bourse de croissance TSX en matière de fonds de roulement. Le prêt portera un taux d'intérêt de 1 % par mois et viendra à échéance dans un an. Il sera également garanti par les actifs de Conway.

  • Conway Resources Enters Into an $800,000 Loan Agreement With First Gold Exploration so as to Acquire the Belleterre Mine

    QUEBEC CITY, QUEBEC--(Marketwire - March 9, 2010) - Conway Resources Inc. (TSX VENTURE:CWY) and First Gold Exploration Inc. (TSX VENTURE:EFG) (FRANKFURT:F12) have entered into an $800,000 loan agreement that will enable Conway Resources Inc. to finalize the transaction for the acquisition of Ressource Mine Belleterre Inc. and meet the TSX Venture Exchange minimal working capital requirements. The loan bears monthly interest at 1% and matures in one year. It is also secured by all the assets of Conway. First Gold has transferred an amount of $800,000 to its In Trust account for the purpose of this transaction.

  • Ressources Conway conclut une entente de prêt de 800 000 $ avec Exploration First Gold permettant l'acquisition de la mine Belleterre

    QUÉBEC, QUÉBEC--(Marketwire - 9 mars 2010) - Ressources Conway inc. (TSX CROISSANCE:CWY) et Exploration First Gold inc. (TSX CROISSANCE:EFG) (FRANCFORT:F12) ont conclu une entente de prêt de 800 000 $ qui permettra à Ressources Conway de finaliser la transaction pour l'acquisition de Ressource Mine Belleterre inc. et de respecter les exigences minimales de la Bourse de croissance TSX en matière de fonds de roulement. Le prêt portera un taux d'intérêt de 1 % par mois et viendra à échéance dans un an. Il sera également garanti par les actifs de Conway. First Gold a transféré 800 000 $ dans le compte en fidéicommis de ses conseillers juridiques pour cette transaction.

  • SCIA "Spring Into Action Conference"

    April 3rd, 2010 Hilton Hotel, Irvine, CA

  • Sutter Gold Secures Major Permits and Approvals for Construction and Operation of the Lincoln Project

    PROVIDES TECHNICAL AND GEOLOGIC UPDATE

  • Probe Provides Operational Update

    THE WOODLANDS, TEXAS--(Marketwire - March 9, 2010) - Probe Resources Ltd. (the "Company" or "Probe") (TSX VENTURE:PBR) is pleased to provide an operational update on its development activities in the Gulf of Mexico as follows:

  • Hudson Clarifies Resource Disclosure

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - HUDSON RESOURCES INC. ("Hudson") (TSX VENTURE:HUD), as a result of a review by the British Columbia Securities Commission, is issuing the following news release to clarify its disclosure.

  • Opta Minerals Schedules Fourth Quarter and Year End 2009 Financial Results Release and Conference Call

    WATERDOWN, ONTARIO--(Marketwire - March 9, 2010) - Opta Minerals Inc. (TSX:OPM), announced today that it will issue financial results for the fourth quarter and year ended December 31st, 2009 on March 9th, 2010 after the close of the stock market.

    Opta Minerals' President and CEO, David Kruse, plans to host a conference call at 10:00 AM Eastern Standard Time, on Friday, March 12th, 2010, to discuss fourth quarter and year end 2009 results and recent corporate developments. After opening remarks, there will be a question and answer period. This conference call can be accessed with the toll free dial-in number 1-(888) 516-2435 or 1-(719) 325-2289 followed by pass code 9204026. If you are unable to listen live, the conference call will be archived and can be accessed at the following replay numbers between March 12th and

  • Pacific Bay Gains 100% of Regalo Uranium Property, Argentina; New Airborne Results Outline Multiple Priority Targets

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX VENTURE:PBM) (the "Company") reports that optionee Pan American Silver Corp. has elected not to exercise its option to acquire a 70% interest in the Regalo property in Chubut Province, Argentina, leaving Pacific Bay with an undivided, royalty free 100% interest in the claims, which are highly prospective for uranium and gold mineralization. Previously unreleased results of a 2008 airborne magnetic and radiometric survey over the 382 square kilometre property outline four significant zones of elevated uranium concentration requiring ground follow-up.

  • Xiom Corp. Introduces New Gun Model X2500

    WEST CONSHOHOCKEN, PA--(Marketwire - March 9, 2010) - Xiom Corp., a wholly-owned subsidiary of Environmental Infrastructure Holdings (OTCBB: EIHC), which is the parent company of various environmental manufacturing, engineering and services companies, announced today the first in a series of new guns it plans to introduce to the market. 

  • Minco Gold Discovers a Significant Gold Zone on the Oujiaba Property
    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Minco Gold Corporation (the "Company" or "Minco Gold") (TSX:MMM)(NYSE Amex:MGH)(FRANKFURT:MI5) is pleased to announce the discovery of a large gold zone on its 100% owned Oujiaba property, within the Yangshan Gold Belt, Gansu Province P.R.C. The discovery has been traced for approximately 6 kilometres and has the same host lithologies as the Anba gold deposit. The Anba deposit is considered to be a Carlin-type gold deposit and is estimated to have over 10 million oz Au. Please refer to the property map with sample results on the Minco website.
  • Bonaparte Announces Appointment of Director

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) -

  • Brett Signs Agreement in Principle for a Formal Impact and Benefits Agreement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Brett Resources Inc. ("Brett" or the "Company") (TSX VENTURE:BBR) is pleased to announce that it has reached an agreement in principle (the "Agreement") for a formal impact and benefits agreement ("IBA") relating to the Company's Hammond Reef Project ("Project") in the province of Ontario with eight First Nations of Treaty #3. The First Nation signatories are the communities of Couchiching, Lac La Croix, Mitaanjigaming, Naicatchewenin, Nigigoonsiminikaaning, Rainy River, Seine River and Lac des Mille Lacs (the "First Nations Parties"). The Agreement recognizes Brett's rights and obligations with respect to the Project and, subject to the terms of the Agreement, the endorsement and support of the First Nations Parties for Brett's ongoing exploration and development, and Brett's role as

  • Forsys Announces Completion of Strategic Review for the Valencia Uranium Project

    TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Forsys Metals Corp ("Forsys" or the "Company") (TSX:FSY)(FRANKFURT:F2T)(NSX:FSY) has with its exclusive financial advisor, Morgan Stanley & Co. Limited ("Morgan Stanley"), completed a comprehensive review of potential strategic and financial alternatives for the Company to maximize shareholder value from its Valencia Uranium Project located in Namibia, Africa.

  • Merrex Announces Jubilee Drill Results

    HALIFAX, NOVA SCOTIA--(Marketwire - March 9, 2010) - Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. ("Merrex") (TSX VENTURE:MXI) announces that the Jubilee Zinc Project ("Jubilee") continues to deliver encouraging diamond drill results.

  • Frontline Releases Jubilee Drill Results

    HALIFAX, NOVA SCOTIA--(Marketwire - March 9, 2010) - Gregory Isenor, P.Geo., President and CEO of Frontline Gold Corporation. ("Frontline") (TSX VENTURE:FGC) announces that the Jubilee Zinc Project ("Jubilee") continues to deliver encouraging diamond drill results.

  • Torch River Resources Ltd.: Mount Copeland Rare Earth Element (REE) Targets Identified: Glacier, East and West Basin Zones

    CALGARY, ALBERTA--(Marketwire - March 9, 2010) - Torch River Resources Ltd. ("Torch" or the "Corporation") (TSX VENTURE:TCR) (FRANKFURT:WNF) (PINK SHEETS:TORVF) is pleased to announce geochemical and geophysical data compilation has identified REE targets on its 100% owned Mount Copeland mineral tenures. From the 2008 drill core samples (West Glacier Zone), a total of 31 select core sample (0.5-2.0 m length range) pulps were analyzed by lithium borate fusion with ICP-MS finish (Pioneer Labs, Richmond, BC report number 2092505). Elevated values of niobium, neodymium, yttrium, cerium, lanthanum, and rubidium, with zirconium, titanium and strontium listed as follows:

  • Duncan Park Enters Into Dome Property Option Agreement With Sphere Resources Inc.

    TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Duncan Park Holdings Corporation (TSX VENTURE:DPH.H) (the "Company" or "Duncan Park") announces today that it has entered into an option agreement (the "Option Agreement") with Sphere Resources Inc. ("Sphere") with respect to 13 unpatented mining claims covering 34 units in the Dome, Byshe and Hyeson Townships in Ontario's Red Lake Gold District (the "Property").

  • Manicouagan Minerals Inc.: Pickle Lake Gold Properties-Priority Anomalies Identified at Pickle Lake East

    BRABANT LAKE ZINC PROJECT-LAND POSITION EXPANDED

  • The Honourable J. Trevor Eyton Joins American Lithium Minerals as Chairman of the Board to Guide Emergent Lithium Entity

    HENDERSON, NV--(Marketwire - March 9, 2010) - American Lithium Minerals, Inc. (OTCBB: AMLM) (www.Americanlithium.com) (the "Company") announced today the appointment of the Honourable J. Trevor Eyton as Chairman of the Board.

  • Ditem Explorations Inc.: Drilling Program Underway on Otish Uranium

    MONTREAL, QUEBEC--(Marketwire - March 9, 2010) - Ditem Explorations (TSX VENTURE:DIT) is pleased to report that the 2010 exploration program on the Company's Otish Mountains uranium property in Quebec is underway. A fully operational camp has been established to accommodate geophysical and drilling crews. Drilling on the first hole began yesterday.

  • GGL Resources Corp.: Rio Tinto Set to Begin 2010 Diamond Exploration

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - GGL Resources Corp. (TSX VENTURE:GGL) ("GGL") is pleased to report that Rio Tinto Canada Exploration Inc. ("RIO") (formerly, Kennecott Canada Exploration Inc.) has instructed GGL to prepare and implement the 2010 diamond exploration program on the CH Project Area ("Property") about 250 kilometers north of Yellowknife, Northwest Territories, Canada.

  • Galena International Resources Ltd.: Jales/Gralheira Drill Results

    Galena Drills 8.54 g/t gold and 68.5 g/t silver over 2.55 metres

  • Amazon Mining Reports Initial Resource at Cerrado Verde Project
    105 million tonnes at 10.3% K2O Inferred Resource
  • Franconia Minerals Announces Decision to Extend and Reprice Warrants Issued in 2007 Financing

    SPOKANE, WASHINGTON--(Marketwire - March 9, 2010) -

  • New President of Sunergy, Inc. Karl Baum Conducts Exclusive Webcast Interview With The Green Baron Report to Discuss Its Gold Properties and Recent News

    SCOTTSDALE, AZ--(Marketwire - March 9, 2010) -  Sunergy, Inc. (the "Company") (OTCBB: SNEY) is pleased to announce that President and Director Mr. Karl A. Baum has conducted an exclusive new audio-taped webcast interview so that SNEY shareholders and the investment community can learn more about the Company's recent developments and plans. Unrestricted access to the webcast is now available on the "Webcasts" page at www.TheGreenBaron.com. This webcast is also available at www.StrictlyStocks.com, "Where Wall Street speaks to the World."

  • Colossus Minerals Inc: Preliminary Environmental License Approved for Serra Pelada

    TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Colossus Minerals Inc. ("Colossus") (TSX:CSI) is pleased to announce that a Preliminary Environmental License (the "License") has been issued for the Serra Pelada Project held by Serra Pelada Companhia de Desenvolvimento Mineral ("SPC") a joint venture company controlled by Colossus and of which COOMIGASP (Cooperative de Mineração dos Garimpeiros de Serra Pelada) is the minority shareholder.

  • Allana Potash Retains ERCOSPLAN to Advise and Oversee Upcoming Drill Program and Provides Activity Update

    TORONTO, ONTARIO--(Marketwire - March 9, 2010) -

  • Diamonds North Signs Letter of Intent With MMG on Amaruk Nickel

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Diamonds North Resources Ltd. (TSX VENTURE:DDN) announces that it has signed a Letter of Intent with Minerals and Metals Group ("MMG") whereby MMG may earn 75% of the Nickel and other base metals on the Amaruk Property in Nunavut, Canada, by spending C$6,000,000 and completing a pre-feasibility study on any base metal deposit that might be identified on Amaruk.

  • Underworld Adds Fourth Drill Rig for 30,000 Meter Drill Program to Expand White Gold Discovery

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Underworld Resources Inc. (TSX VENTURE:UW) is pleased to announce the mobilization for the 2010 exploration program to the White Gold property. The company expects an early start to drilling this season.

  • Axial Vector Provides Update on Saudi Gulf Environment Forum, in Jeddah, Kingdom of Saudi Arabia

    DUBAI, UNITED ARAB EMIRATES and JEDDAH, KINGDOM OF SAUDI ARABIA--(Marketwire - March 9, 2010) -  Axial Vector Energy Corporation ("AVEC") (PINKSHEETS: AXVC) (FRANKFURT: BAE1) announced an update today on the Saudi Gulf Environment Forum (http://gulfenvironmentforum.com), March 7th-9th, hosted this year in the Kingdom of Saudi Arabia, under the patronage of His Majesty King Adbdullah bin Abdulaziz Al Saud.

  • VMS Announces Appointment of Dr. Alan Bailes to the Company's Advisory Board

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") is pleased to announce the appointment of Dr. Alan Bailes to the Advisory Board of the Company.

  • Hochschild Mining Increases Holding in Gold Resource Corporation

    DENVER, CO--(Marketwire - March 9, 2010) -  Gold Resource Corporation (GRC) (OTCBB: GORO) (FRANKFURT: GIH) is pleased to announce that Hochschild Mining plc (Hochschild) has increased its holding in GRC to 28.7% with approximately 440,500 shares of open market purchases and a private placement purchasing 600,000 restricted shares of GRC's common stock with no warrants. Gold Resource Corporation will use the proceeds of the private placement for working capital as it ramps up to commercial production at its El Aguila Project in Oaxaca, Mexico. Hochschild is a leading mid-tier precious metals producer and expert underground miner, based in Lima, Peru and listed on the London Stock Exchange. Hochschild has mining operations and projects in five countries in the Americas including Mexico.

  • North American Capital and Maintenance Spending to Be Discussed at Mile High Industrial Conference, an Industrial Info News Alert

    SUGAR LAND, TX--(Marketwire - March 9, 2010) -  Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- North American industrial spending is showing the early signs of a recovery, but it's still too early to declare the recession over, according to Michael Bergen, Industrial Info's senior vice president for marketing and forecast products.

  • Marengo Announces Investor Presentation For Papua New Guinea Country Presentation 9 March 2010

    PERTH, WESTERN AUSTRALIA--(Marketwire - March 9, 2010) -

  • Orocobre Limited Announces Private Placement

    - C$20 Million Canadian Equity Offering

    - Precursor to dual listing on Toronto Stock Exchange

  • SEC Completes Its Review of NAS' Form 10 Registration Statement

    LAS VEGAS, NV--(Marketwire - March 8, 2010) -  National Automation Services, Inc. ("NAS") (www.nasautomation.com) (PINKSHEETS: NASV)

  • Crescent Gold Clears Debt Through Repayment and Redemption of Convertible Notes

    PERTH, WESTERN AUSTRALIA--(Marketwire - March 8, 2010) -

  • Actus Minerals Appoints New Officer

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Actus Minerals Corp. (TSX VENTURE:AAC) ("the "Company" or "Actus") has appointed Carl von Einsiedel, a director of the Company, as the President and Chief Executive Officer of Actus effective March 4, 2010.

  • Baja Files Updated Technical Report and Amended Financial Statements

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Baja Mining Corp. (TSX:BAJ)(OTCQX:BAJFF) today announced that, further to its news release dated January 15, 2010, it has filed an updated NI 43-101 compliant technical report (the "Technical Report") on the Boleo Project. The Technical Report can be found on Baja's website at www.bajamining.com and on SEDAR at www.sedar.com.

  • Baja Files Base Shelf Prospectus

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Baja (TSX:BAJ)(OTCQX:BAJFF) today announced the filing of a preliminary short form base shelf prospectus (the "Prospectus") with the Securities Commissions in each of the provinces of British Columbia, Alberta and Ontario, and a corresponding shelf registration statement on Form F-10 (the "Registration Statement") with the United States Securities and Exchange Commission. These filings, when made final, will allow Baja to make offerings of any combination of common shares, debt securities, warrants to purchase common shares, share purchase contracts and subscription receipts (together, the "Securities") up to Cdn$500 million at any time during the 25 month period that the Prospectus remains effective. Securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale and set forth in an accompa

  • Andina's In-Fill Drilling on the Volcan Gold Project Continues to Deliver Excellent Results Including 130 Metres at 1.37 g/t Au

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - ANDINA Minerals Inc. (TSX VENTURE:ADM) (the "Company") is pleased to report further results from the 2009/2010 In-Fill Drilling Programme on the Company's Volcan Gold Project in Chile. As previously reported, the 2009/2010 Drilling Programme includes 20,960 metres of in-fill drilling and this report follows the first results released on February 10th, 2010 (see February 10, 2010 Press Release). 

  • Centurion Announces Options Grant

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion" or "the Company") is pleased to announce that in accordance with the Company's Stock Option Plan, it has granted to certain directors, officers, employees, and consultants, incentive stock options to purchase up to an aggregate of 700,000 common shares exercisable on or before March 6, 2015 at a price of $0.60 per share.

  • Amazon Mining Reports Initial Resource at Cerrado Verde Project

    105 million tonnes at 10.3% K2O Inferred Resource

  • BMB Management Holdings LLC, Announces Private Placement of Units for Expansion Plan
    BAYREUTH, GERMANY--(Marketwire - March 8, 2010) -

    NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

  • God's Lake Appoints Baker to President and CEO

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - God's Lake Resources Inc. (CNSX:GLR) ("the Company") is pleased to announce that Judy Baker has joined the Company as President and CEO.

  • Quadra Mining firma memorándum de entendimiento para la formación de una alianza estratégica con State Grid International Development Limited

    VANCOUVER, COLUMBIA BRITÁNICA--(Marketwire - March 8, 2010) - Quadra Mining Ltd. ("Quadra" o "la Compañía") (TSX: QUA) se complace en anunciar que firmó un memorándum de entendimiento ("MOU") con State Grid International Development Limited ("SGID"), una filial de propiedad integral de State Grid Corporation de China, la empresa de servicios públicos líder de China y uno de los mayores usuarios finales de cobre, para la formación de una joint venture (sociedad conjunta), (La "JV Estratégica"). La JV Estratégica desarrollará y operará el proyecto Sierra Gorda y la mina Franke de Quadra y buscará invertir en otros activos cupríferos potenciales, inicialmente en Chile. Las parte tendrán derecho a una participación proporcional de la producción de concentrados o cátodos de cobre de la JV Estratégica en términos de igualdad. Quadra s

  • Hoku Receives $50 Million From Tianwei Loan to Finance Polysilicon Plant

    POCATELLO, ID--(Marketwire - March 8, 2010) -  Hoku Materials, Inc., a wholly-owned subsidiary of Hoku Scientific, Inc. (NASDAQ: HOKU), established to manufacture and sell polysilicon for the solar market, today announced that it received the second tranche of $30 million for a total loan amount of $50 million from Tianwei New Energy Holdings Co., Ltd., a leading provider of silicon wafers, photovoltaic (PV) cells, modules and systems. Hoku also confirmed receipt of $4 million in polysilicon prepayments on March 1, 2010, from Solarfun Power Hong Kong Limited, pursuant to its polysilicon sales agreement with Hoku.

  • Esperanza Silver Corporation: Successful Completion of Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Esperanza Silver Corporation (TSX VENTURE:EPZ) -

  • Takara and Victoria Gold Sign Definitive Agreement for Acquisition of Gold Assets in Guyana

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Takara Resources Inc. (TSX VENTURE:TKK) ("Takara") is pleased to announce that the Share Purchase Agreement has been signed between Takara and Victoria in respect of the acquisition of Victoria's subsidiary company that holds title to two advanced stage gold projects within the Guyana Shield, Guyana. 

  • Celeste Announces Resignation of CEO

    CALGARY, ALBERTA--(Marketwire - March 8, 2010) - Celeste Copper Corporation (TSX VENTURE:C) ("Celeste" or the "Corporation") announces the resignation of Mr. Elmer B. Stewart as President, CEO and Director of the Corporation effective immediately, for personal reasons. The Corporation wishes to thank Mr. Stewart for his contributions to Celeste since its formation. It wishes him the very best in his future endeavors.

  • Condor Resources Inc.: Geophysics Confirms Porphyry Cu-Mo Target at La Libertad, Peru

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Condor Resources Inc. ("Condor" or the "Company") (TSX VENTURE:CN) is pleased to provide an update on its wholly owned La Libertad porphyry Cu-Mo project, northern Peru. Sampling and geophysical results to date have demonstrated that the La Libertad property represents a new significant porphyry Cu-Mo discovery that has never been drill tested.

  • Gabriel Resources to Release Fourth Quarter 2009 Results

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Gabriel Resources (TSX:GBU) announces that it will release its fourth quarter results before market on Thursday, March 11, 2010. No conference call or webcast are scheduled for the fourth quarter results.

    About Gabriel

  • Strongco Recognized by Volvo

    2009 Leaders in Construction Equipment, Financial Services

  • Stans Energy Corp. Initiates Preparation of a JORC Compliant Resource Estimate for Kutessay II

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Stans Energy Corp. ("Stans" or "The Company")(TSX VENTURE:RUU) has initiated preparation of a JORC compliant resource estimate for Kutessay II. One of the objectives of the estimate is to confirm the historic reserve estimate completed by the State Reserve Committee of the Kyrgyz Republic. The historical reserve estimate by the State Reserve Committee is not JORC compliant.

  • Pancontinental/Crossland's Exploration Budget to Exceed A$3 Million in 2010

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Pancontinental Uranium Corporation (TSX VENTURE:PUC) ("Pancon" or "the Company") and its joint venture partner, Crossland Uranium Mines Ltd. (ASX: CUX) have approved a record exploration budget for the current calendar year.

  • American Manganese Inc.: Incentive Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - American Manganese Inc., (TSX VENTURE:AMY)(PINK SHEETS:AMYZF) reports that the Company will grant incentive stock options, pursuant to the Company's Stock Option Plan, to purchase an aggregate of 810,000 shares in the capital stock of the Company. The options will be granted for a period of five years commencing March 8, 2010 at $0.21 per share.

  • Goldstone Reports New Zones Discovered at Hardrock, Continued Success at Depth

    9.3 g/t gold over 28.4 metres(0.27 oz/ton over 93.2 feet)

  • Kootenay Gold Joins Alberta Star's Bid to Acquire One of the Worlds Largest Producers of Silver-the Sterling Mining Company & the Sunshine Silver Mine

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Alberta Star Development Corp. (the "Company") (TSX VENTURE:ASX)(OTCBB:ASXSF)(FRANKFURT:QLD) is pleased to announce that has entered into a letter agreement with Kootenay Gold Inc. ("Kootenay"), whereby the Company and Kootenay have agreed to cooperate in a joint bid to acquire a 100% interest in Sterling Mining Company ("Sterling") and its assets, and provide for financing of Sterling's continuing operations and development. The Company is a "qualified bidder" under the Sterling plan of reorganization.

  • Cotation de Stellar Diamonds sur la bourse du AIM à Londres, financement de 5,000,000 livres sterling

    MONTRÉAL, QUEBEC--(Marketwire - 8 mars 2010) - Ressources SearchGold Inc. (« SearchGold ») (TSX CROISSANCE:RSG)(FRANCFORT:S1O) a le plaisir d'annoncer l'admission de Stellar Diamonds Limited ("Stellar") en bourse du AIM à Londres (« AIM »).

  • Listing of Stellar Diamonds on London's AIM and GBP 5,000,000 Financing

    MONTREAL, QUEBEC--(Marketwire - March 8, 2010) - SearchGold Resources Inc. (« SearchGold ») (TSX VENTURE:RSG)(FRANKFURT:S1O) is pleased to announce the admission of Stellar Diamonds Limited ("Stellar") to the AIM market of the London Stock Exchange ("AIM").

  • Nuinsco Acquires Gold Project in Lake of the Woods Region

    New claim package lies along strike from past producing Wendigo Mine

  • Kodiak erweitert Zone mit beträchtlicher Goldmineralisierung bei Milestone im Rahmen neuer Bohrungen

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Kodiak Exploration Ltd. (TSX VENTURE: KXL)(FRANKFURT: KX3) ist sehr erfreut, bekannt zu geben, dass das Unternehmen auf dem Milestone-Grundstück am östlichen Ende seines Goldcamps Beardmore-Geraldton weiterhin Zonen mit ausgeprägter Goldmineralisierung durchbricht, die sich möglicherweise für umfassende Abbaumaßnahmen eignen. Im Rahmen der von Kodiak in den Wintermonaten durchgeführten Bohrungen wurden in jedem einzelnen Bohrloch Goldmineralisierungen mit beträchtlicher Mineralisierung durchbrochen. Das tatsächliche Ausmaß des mit Goldmineralisierungen durchzogenen Abschnitts, von dem Kodiak erstmals im November 2009 berichtete (siehe Pressemitteilung vom 26. November 2009), hat sich somit beträchtlich vergrößert. Auf seinem Mil

  • An Update on the Butia Prospect Drill Program, Lavras do Sul

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Amarillo Gold Corp. (TSX VENTURE:AGC) ("Amarillo", the "Company") is pleased to announce the following update for our Lavras do Sul project in the State of Rio Grande do Sul.

  • Minera Andes Reports Excellent Mid-season Drill Results at its Los Azules Porphyry Copper Project

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) is pleased to announce exploration results from our 100% owned copper project, Los Azules, in San Juan province (Argentina). Exploration commenced in mid-December 2009 and four diamond drills are currently operating on the project.

    Highlights include: 1.08% cu over 145 meters (Hole 46); 0.92% cu over 76.8 meters (Hole 47); 1.01% cu over 216 meters (Hole 48); and 1.05% over 236 meters (Hole 49). The intercepts are from in-fill drilling that is confirming the presence of an important high-grade secondary enrichment zone.

  • Quantum Proceeds With Acquisition of Silver Mountain

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Quantum Rare Earth Developments Corp. (TSX VENTURE:QRE) ("Quantum", the "Company"), is pleased to provide an update that the previously announced agreement to acquire Silver Mountain Mines Corp. ("Silver Mountain"), a private Nevada corporation, is proceeding. On October 7, 2009, the Company announced the deferral of the proposed transaction to acquire Silver Mountain until such time as the Company had successfully graduated to Tier 2 of the TSX Venture Exchange. As stated in the original news release (see NR September 11, 2009), the Company announced the entering into of an agreement to acquire Silver Mountain. Since the time of the original announcement, Silver Mountain has closed a private placement and entered into two transactions to acquire additional property interests as described below.

  • Midas Fund Announces Conference Call

    NEW YORK, NY--(Marketwire - March 8, 2010) -  Midas Fund (NASDAQ: MIDSX), a no load mutual fund investing primarily in gold, silver, and other precious metals and natural resources companies, announced today its next quarterly conference call to update investors. The call will be held on Thursday, March 11, 2010 at 3 p.m. ET. Tom Winmill, the portfolio manager of gold mutual fund Midas Fund, will discuss the market and gold investing, as well as current Midas Fund investment strategies. The call will conclude with a question and answer session.

  • Northern Abitibi Updates 2010 Exploration Plans at Viking

    CALGARY, ALBERTA--(Marketwire - March 8, 2010) - Northern Abitibi Mining Corp. (TSX VENTURE:NAI) ("Northern Abitibi") is pleased to provide details of its 2010 exploration plans at the Viking gold project, Newfoundland. The objectives of the 2010 exploration program are to substantially expand drilling along the open ended mineralized Thor Trend, and complete a National Instrument 43-101 compliant resource estimate by the end of 2010, as well as explore several large untested targets on the property. The company will undertake a minimum 6000 metre diamond drill program consisting of up to 65 drill holes. Two diamond drill rigs will be use for the program, with one scheduled to commence drilling in early May, and a second scheduled to start in early June. The drills will initially be focused on infill drilling and delineating resources along the 1000 metre long and open Thor Trend. In July one of the rigs will be used t

  • EUROPEAN GOLDFIELDS LIMITED: 2009 RESULTS CONFERENCE CALL & WEBCAST

    WHITEHORSE, YUKON--(Marketwire - March 8, 2010) -

  • Benton Receives Additional Drill Results From Deloro

    THUNDER BAY, ONTARIO--(Marketwire - March 8, 2010) - Benton Resources Corp (TSX VENTURE:BTC) ("Benton" or "the Company") wishes to announce that the company has received the results for the final 15 diamond drill holes completed on the south zone of the Deloro project, located in Timmins, Ontario. The drill holes tested the west strike extension of mineralization intersected in hole 12, which returned 8.57gpt Au (grams per tonne gold) over 3.5 metres including 11.86 gpt over 2.5 metres.

  • Cadan Announces Major Milestone

    SIGNS STRATEGIC DEVELOPMENT AGREEMENT FOR TAGPURA SKARN COPPER-GOLD PROJECT

  • Stornoway Reports Overall Diamond Recovery of 86.2 CPHT From Notch Sample

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Stornoway Diamond Corporation (TSX:SWY) and Shear Minerals Ltd. (TSX VENTURE:SRM) today announced that processing of the minibulk sample from the Notch kimberlite at the Churchill Diamond Project in Nunavut is complete with an overall diamond recovery of 86.2 carats per hundred tonne ("cpht"). A total of 129 diamonds greater than 1.18 mm were recovered from 17.26 dry tonnes of Notch kimberlite. The five largest recovered stones weigh 0.92, 0.81, 0.77, 0.63, 0.63 carats.

  • Shear Reports Overall Diamond Recovery of 0.862 cpt From Notch Bulk Sample

    EDMONTON, ALBERTA--(Marketwire - March 8, 2010) - Shear Minerals Ltd. (TSX VENTURE:SRM) and Stornoway Diamond Corporation (SWY:TSX) today announced that processing of the mini bulk sample from the Notch kimberlite at the Churchill Diamond Project in Nunavut is complete with an overall diamond recovery of 0.862 carats per tonne (cpt). A total of 129 diamonds greater than 1.18 mm were recovered from 17.26 dry tonnes of Notch kimberlite. The five largest recovered stones weigh 0.92, 0.81, 0.77, 0.63, 0.63 carats.

  • Woulfe Announces Positive Results from Its Sangdong Scoping Study

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Woulfe Mining Corp. (TSX VENTURE:WOF)

    Woulfe Mining Corporation ('WOF' - the Company) of Vancouver Canada announces the completion and release of its Scoping Study for the Sangdong Property re-establishment project in Gangwon Do province, South Korea. The Study has been prepared by Wardrop Engineering Inc., a Tetra Tech Company (Wardrop) in their UK office to provide details of the scope and preliminary economic estimates for the company to reopen and redevelop the de-commissioned underground Sangdong Tungsten/Molybdenum mine. Sangdong was operated as an underground mine from 1947 until 1992.

  • Western Troy Stakes Claims on Additional Gold Anomalies at Schefferville

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY), today announced that it has made application for 37 additional claims in the Schefferville area of Quebec. The claims were acquired in response to a release of geochemical data by the Quebec Government (PRO 2010-02) at the opening of the Prospectors and Developers Association of Canada Convention in Toronto on Sunday, March 7, 2010. Previous sampling in the area indicated anomalous gold values in lake sediments. Additional sampling in 2009 confirmed the original results and also indicated additional areas of interest. The government report stated, "The detailed survey conducted southwest of Schefferville confirmed a gold and arsenic anomaly initially defined based on the results of re-analysis conducted in 2006. This anomaly was also outlined last year when samples in this region were reanalyzed (Maurice and Labbé, 2

  • Arianne Resources Will be at the International Conference Phosphates 2010-Brussels

    SAGUENAY, QUÉBEC--(Marketwire - March 8, 2010) - The management of Arianne Resources Inc. (TSX VENTURE:DAN) (FRANKFURT:JE9N) (OTCBB:DRRSF) («Arianne» or «Company») is pleased to announce it's participation at the International Conference Phosphates 2010 to be held on March 22 to 24 in Brussels, Belgium. The Company will present its Phosphate-Titanium Lac à Paul deposits in Quebec, Canada.

  • Ressources d'Arianne sera présente à la Conférence Internationale Phosphates 2010-Bruxelles

    SAGUENAY, QUÉBEC--(Marketwire - 8 mars 2010) - La direction de Ressources d'Arianne Inc. (TSX CROISSANCE:DAN) (FRANCFORT:JE9N) (OTCBB:DRRSF) («Arianne» ou «Société») annonce qu'elle participera à la Conférence Internationale Phosphates 2010 qui se tiendra du 22 au 24 mars à Bruxelles en Belgique. La Société y présentera son projet de phosphore/titane du Lac à Paul, Québec, Canada.

  • Garrison International Ltd.: Construction Recommences at Tovshiir Gold Project, Mongolia

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Garrison International Ltd. (TSX VENTURE:GAU) ("Garrison") is pleased to announce that construction of a processing facility on its Tovshiir gold project has recommenced. Blair Krueger, President of Garrison, reports that "the financial crisis that significantly delayed Garrison in the development of this operation is now behind the company. With the funds obtained from Garrison's recent financing, Garrison is in possession of the funds required to complete construction on Garrison's primary asset. Once the processing facility has been completed and it becomes operational, Garrison will have achieved its goal of producing gold from its property in Mongolia."

  • Balaton Power Provides Update Report on Bauxite Project

    VANCOUVER, BC--(Marketwire - March 8, 2010) -  Balaton Power Inc. (OTCBB: BPWRF) announces an updated report on the recent trip to India by its wholly owned subsidiary Continental Resources (USA) Ltd. ("CRL") consultants. Several meetings were held with Visa International Ltd. ("Visa") in Kolkata and Bhubaneswar. The reception by Visa to CRL's team was exceptional and it is clear that there is a strong desire to work together to secure an agreement with Orissa Mining Corporation ("OMC") for the development of the Gandhamardan Bauxite Project. VISA International Ltd. is a leading Indian business conglomerate with existing projects in the State of Orissa. Under the terms of CRL's agreement with VISA, a corporation in the State of Orissa, India, will be established to jointly develop the Gandhamardan Bauxite Project on the basis of 74% owned by Visa and 26% owned by CRL. In addition, the terms

  • Soho Resources Engages Snowden Mining Industry Consultants Inc. to Complete Preliminary Economic Assessment on Tahuehueto Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Soho Resources Corp. (TSX VENTURE:SOH) ("Soho" or the "Company") is pleased to announce that it has engaged Snowden Mining Industry Consultants Inc. ("Snowden") to produce a NI 43-101 compliant Preliminary Economic Assessment ("PEA") for its Tahuehueto Project located in Durango, Mexico.

  • First Gold annonce que la foreuse ainsi que l'équipe d'exploration débutent les travaux sur la propriété Lac Pivert/Rose de métaux rare

    LAVAL, QUÉBEC--(Marketwire - 8 mars 2010) - Exploration First Gold inc. (TSX CROISSANCE:EFG) (FRANCFORT:F12) est heureuse d'annoncer qu'une foreuse est mobilisée sur la propriété Lac Pivert/Rose. La Société prévoit effectuer plus de 60 forages d'une longueur variant de 75 à 150 mètres pour un minimum de 7 500 mètres. Les carottes des premiers sondages devraient être envoyées au laboratoire au début de la semaine prochaine. La Société s'attend à ce que la compagnie de forage exécute un à deux sondages par jour. Une carte de localisation des 25 premiers forages planifiés est disponible sur notre site web (www.firstgoldexploration.com). À toutes les semaines, First Gold effectuera une mise à jour des photos de carottes de forage

  • First Gold Reports that the Drill and the Exploration Crew Have Started Work on the Lac Pivert/Rose Rare Metal Property

    LAVAL, QUEBEC--(Marketwire - March 8, 2010) - First Gold Exploration Inc. (TSX VENTURE:EFG) (FRANKFURT:F12) is pleased to report that a drill has been mobilized on its Lac Pivert/Rose rare metal property. The Company plans to drill more than 60 holes from 75 and 150 metres long for at least 7,500 metres of drilling. The core from the first holes should be sent to the laboratory early next week. The Company expects the drilling contractor to complete one to two holes per day. A map showing the location of the first 25 holes planned is posted on the Company's website (www.firstgoldexploration.com). First Gold will update the drill core pictures weekly and post them on its website.

  • Donner Metals Ltd.: Bracemac-McLeod Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (TSX VENTURE:DON)(FRANKFURT:D4M), reports that it has received additional results from Xstrata Zinc from the definition drill program currently in progress on the Bracemac-McLeod Deposit. Drilling has been completed at Bracemac and five drills are currently focused on the McLeod Zone. The results are listed in the attached tables. The definition drilling program is on schedule.

  • Paragon Intersects 17.05 Metres of 14.80% Zinc, 3.56% Lead, 1.40% Copper, 80.90 g/t Silver, 1.35 g/t Gold at South Tally Pond VMS Project
    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Paragon Minerals Corporation (TSX VENTURE:PGR) ("Paragon") is pleased to provide an update on the 2010 diamond drilling program and down-hole Pulse EM geophysical surveys completed on its 100%-owned South Tally Pond volcanogenic massive sulphide ("VMS") project in central Newfoundland. The project is located adjacent to Teck Resources Duck Pond copper-zinc mine, where Paragon holds a significant land position covering 21,400 hectares of this producing volcanic belt. Highlights of the current program include:
  • Gryphon Gold and Sage Gold Sign Option for JV for Borealis Gold Project Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Gryphon Gold Corporation (TSX:GGN)(OTCBB:GYPH) is pleased to announce the execution of a definitive option agreement (the "Option Agreement") with Sage Gold Inc. (TSX VENTURE:SGX) on the terms set out in its February 24, 2010 joint press release. Under the terms of the Option Agreement Gryphon has agreed to grant Sage the right (the "Option") to earn a 50% interest in Borealis property, including the fully permitted Borealis gold project ("Borealis Project") located in the Walker Lane Mineral Belt of Southwest Nevada.

  • Soltoro Drilling Returns 37.5 Metres of 2.72 gpt Gold & 10.5 Metres of 236 gpt Silver at El Rayo

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Soltoro Ltd. (TSX VENTURE:SOL) has resumed drilling of the El Rayo leachable gold zone at its El Rayo property in Jalisco, Mexico. To date trenching and drilling has identified a 1,065 metre long zone of which the northernmost 250 metre section has been drilled to a depth of 150 metres. A prior diamond core intersection (in Hole Ray07-35) was twinned with a reverse circulation rig to determine which of the two drilling methods is better suited for drilling in this zone to achieve the most representative recovery rates due to variations in the water table. The RC hole returned a similar interval of mineralization at a higher grade as follows:

  • Cluff Gold plc: Update on Resource, Reserves and Brownfield Exploration Plans
    LONDON, UNITED KINGDOM--(Marketwire - March 8, 2010) - Cluff Gold plc ("Cluff Gold" or the "Company") (TSX:CFG)(AIM:CLF) - C
  • Mr. J. Gianni Kovacevic Appointed as Director and Chairman, Romulus Resources Ltd.

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Riaz Shariff, President and Chief Executive Officer, Romulus Resources Ltd. (TSX VENTURE:ROM) is pleased to announce the appointment of J. Gianni Kovacevic as a Director and a Chairman of the Company.

  • Medusa Mining Limited: Bonus Issue of Shares

    COMO, WESTERN AUSTRALIA--(Marketwire - March 8, 2010) - Medusa Mining Limited (TSX:MLL)(ASX:MML)(AIM:MML) ("Medusa" or the "Company"), is pleased to announce a one for ten bonus issue of shares to all shareholders of the Company.

    The Company has achieved several significant milestones in the last calendar year and the bonus issue is in recognition of the invaluable support the Company has received from its shareholders. In addition, it is envisaged that the bonus issue will encourage greater liquidity in Medusa shares.

  • Gold-Ore Announces 2009 and Fourth Quarter Financial Results

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Gold-Ore Resources Ltd. ("Gold Ore" or the "Company") (TSX VENTURE:GOZ) announces that it has released its financial results for the year ended November 30, 2009. The Company's audited consolidated financial statements and management's discussion and analysis for the year ended November 30, 2009 are available at www.sedar.com or on the Company's website at www.goldore.ca.

  • Wahgoshig First Nation and Detour Gold Sign Letter of Intent

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") is pleased to announce that the Wahgoshig First Nation ("WFN") and Detour Gold have signed a Letter of Intent ("LoI") to guide their relationship through the development of the Detour Lake gold project.

  • Silver Falcon Mining, Inc. (SFMI) Evaluates a Toronto Stock Exchange Listing

    MURPHY, ID--(Marketwire - March 8, 2010) -  Silver Falcon Mining, Inc. (OTCBB: SFMI) mandates its legal counsel to evaluate a listing onto the Toronto Stock Exchange (TSX). With the TSX being recognized as the world's mining industries exchange, SFMI believes that a second listing of its shares on this exchange could prove beneficial to further the Company's shareholder base.

  • BacTech Closes Financing

    TORONTO, CANADA--(Marketwire - March 8, 2010) - BacTech Mining Corporation ("BacTech" or the "Company") (TSX VENTURE:BM) today announced the closing of its Subscription Receipt financing transaction.

  • REPEAT: Castle Resources Announces Positive Preliminary Economic Assessment for the Elmtree Gold Project

    - Micon International's PEA confirms robust economics at Elmtree

    - Management fast-tracking Elmtree to bankable feasibility this year

    - Permitting process has begun at the Elmtree Project for open pit plan

  • Nordex Explosives Announces Receipt of Requisition for Special Meeting of Shareholders

    Annual General and Special Meeting of Shareholders Scheduled for May 6, 2010

  • Goldcliff's Drilling Extends Nordic Zone: 25.62 Metres Grading 1.54 Grams per Tonne Gold

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - George W. Sanders, President of Goldcliff Resource Corporation (TSX VENTURE:GCN), is pleased to report that the Nordic Zone drill results contain multiple gold intercepts in multiple drill holes. The drilling has significantly increased the area of disseminated gold mineralization on the Nordic zone. The Nordic Zone is one of four gold zones on the Company's 100 per cent-owned Panorama Ridge gold project located near Hedley, British Columbia, Canada. Highlights of the gold intercepts include 25.62 metres grading 1.54 grams per tonne gold and 15.11 metres grading 1.20 g/t grams per tonne.

  • Le Projet Canadian Malartic en 2009: Plus de 500 emplois et 167 millions $ d'investissements pour l'Abitibi-Témiscamingue
    MONTREAL, QUEBEC--(Marketwire - 8 mars 2010) - Corporation Minière Osisko ("Osisko" ou la "Société")(TSX:OSK) a investi 315 millions $ dans le développement de son Projet Canadian Malartic (le "Projet") en 2009, dont 272 millions $ au Québec et 167 millions $ en Abitibi-Témiscamingue. A la fin de l'année, plus de 500 personnes, à l'emploi d'Osisko ou de ses sous-traitants, travaillaient au Projet. La quasi-totalité de ces personnes sont de la région d'Abitibi-Témiscamingue. C
  • North Bay Resources Inc.: NI 43-101 Resource Estimate on Capoose Property Announced

    SKIPPACK, PA--(Marketwire - March 8, 2010) - North Bay Resources Inc. (PINKSHEETS: NBRI) ("North Bay" or the "Company") is pleased to report that Silver Quest Resources Ltd. ("Silver Quest"), the Company's JV partner on the Fawn-Buck property, has released a National Instrument ("NI") 43-101 inferred resource estimate on Silver Quest's Capoose deposit in central British Columbia. The North Bay-Silver Quest JV on the Fawn-Buck property is now encompassed by and considered part of the Capoose project. As indicated by Silver Quest in its report, the deposit is open in all directions, and has a base estimate of 699,032 ounces of gold and 41,119,662 ounces of silver. 

  • Alto Ventures Ltd.: High Grade Gold of 51.66 g/t (1.50 Ounces/ton) Intersected in Phase II at Destiny

    - 51.66 g/t over 0.5 m intersected within 12.25 m wide zone averaging 2.83 g/t gold

    - 12.84 g/t over 0.65 m intersected within 2.9 m wide zone averaging 3.35 g/t gold in a foot-wall zone

    - Gold system open to below 500 m vertical depths

  • Industrial Minerals Completes C$2.1M Financing

    OTTAWA, ONTARIO--(Marketwire - March 8, 2010) - Industrial Minerals Inc. ("IDSM") (OTCBB:IDSM) announces that its wholly-owned subsidiary, Northern Graphite Corporation ("Northern" or the "Company"), formerly Industrial Minerals Canada Inc., has completed a non-brokered private placement financing consisting of the issuance of 5,900,000 units at a price of C$0.25 per unit, each unit being comprised of one common share and one common share purchase warrant exercisable at a price of C$0.35 per share for a period of 18 months from the date upon which the Company or its successor becomes a reporting issuer in a jurisdiction of Canada. Gross proceeds were C$1.475 million. In addition, Northern previously raised C$600,000 through the issuance of convertible secured notes which, pursuant to their terms, automatically converted into units upon the closing of the financing at a convers

  • Western Areas NL and Troy Resources NL: New Nickel Sulphide Discovery at Sandstone Joint Venture
    PERTH, AUSTRALIA--(Marketwire - March 8, 2010) - T
  • Cabo Announces Shareholders' Agreement With Tahltan Nation Development Corporation

    NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Cabo Drilling Corp. ("Cabo" or the "Company") (TSX VENTURE:CBE) and the Tahltan Nation Development Corporation ("TNDC") are pleased to announce the signing of an Agreement ("Agreement") whereby the parties will work jointly to provide drilling services. The venture will operate under Tahltan Drilling Services Corporation ("Tahltan Drilling") which is 51% owned by a company affiliated with TNDC and 49% owned by a Cabo subsidiary. The Agreement will facilitate the provision of drilling services by the Company in the traditional territory of the Tahltan Nation and the development of relationships with other First Nation groups in British Columbia. Cabo will work closely with the TNDC, providing training and safety programs to benefit and ensure success for both the TNDC and the Company. Through this Agreement TNDC will acquire the required equipment and know

  • Tennessee Valley Ventures Sells Two Investments, Realizes 14x Multiple on Invested Capital

    Private Equity Firm's Patient Investment Approach Delivers Substantial Value to Limited Partners

  • CWRN: "Baja Iron Project MOU Executed With Fremery Mining, Ltd. HK"

    HOUSTON, TX--(Marketwire - March 8, 2010) -  Cotton & Western Mining, Inc. (PINKSHEETS: CWRN) -- Robert L. Cotton, President of Cotton & Western Mining, Inc. announced today; that the company has executed a Memorandum of Understanding with Fremery Mining, Ltd. Hong Kong for the off-take of the company's Baja Pacific Mexico Iron Mining Project which is scheduled for 2010 production. Management has made available to the public and our shareholders a copy of the executed signatory page of the agreement on the company's website; interested parties may view the document at the following link: http://www.cottonwestern.com/pdf/Signatory-Page-MOU-Feb-2010-Fremery-Mining-HK.pdf 

  • Northern Superior Completes Diamond Drill Program, Nears Completion of Its Geophysical Program, Wachigabau Gold Property, Quebec

    SUDBURY, ONTARIO--(Marketwire - March 8, 2010) - Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSX VENTURE:SUP) is pleased to announce that diamond drilling on it's Wachigabau Gold property, Quebec, is complete. In addition, the grids required for the Company's related geophysical programs are also completed and related geophysical surveys have been initiated (see press release, March 1st, 2010). Results from both programs will be released as soon as they are available.

  • Channel Resources Initiates Process Testing Program at Fox Creek Lithium / Potash Brine Project, Alberta

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Channel Resources Ltd. ("Channel" or the "Company") (TSX VENTURE:CHU) announces that a process testing program of a bulk sample of brine from the Fox Creek Lithium / Potash project has commenced. The program has been designed to identify the most efficient and cost-effective methods to produce a variety of mineral products from the brine including lithium carbonate, potash, bromine and borates.

  • Tamerlane Announces Up to $400,000 Non-Brokered Flow-Through Unit Private Placement

    BLAINE, WASHINGTON--(Marketwire - March 8, 2010) -

  • NGEx Hits Significant New Copper/Zinc Discovery in Eritrea

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - NGEx Resources Inc. ("NGEx" or the "Company") (TSX:NGQ) is pleased to report that the initial diamond drill program at the Aradaib prospect has resulted in an exciting new copper/zinc discovery. Aradaib is a new volcanic hosted massive sulphide prospect in northwestern Eritrea on trend with the Company's growing Hambok copper/zinc deposit and Nevsun's Bisha deposit now under development.

  • Tinka Options Anita de Tibillos Copper Porphyry Project in Peru

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Tinka Resources Limited (the "Company") (TSX VENTURE:TK)(PINK SHEETS:TKRFF)(FRANKFURT:TLD) - The Company announces the signing, through its 100% owned Peruvian subsidiary, of an option agreement to purchase 100% interest in the Anita de Tibillos Copper Porphyry property ("Tibillos") from an arm's length private owner in Peru (the "Vendor"). Tibillos totals 1,000 hectares and is located about 40 km northeast of the town of Palpa, situated 50 km northwest of Nazca, along the Pan American highway.

  • Cypress & Skyharbour Drilling Update on Broulan Reef Bruce Channel / Red Lake Gold Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Cypress Development Corp. (TSX VENTURE:CYP) (FRANKFURT:C1Z) and Skyharbour Resources Ltd. (TSX VENTURE:SYH) have provided an update from the field on their deep diamond hole drill program on Cypress (80%), Skyharbour (20%) owned Broulan Reef Project located in the heart of the prolific Red Lake gold camp in Northwestern Ontario. The Broulan Reef property adjoins, on strike, to the southern boundary of the Cochenour / Bruce Channel major gold deposit now being brought to the production stage by Goldcorp.

  • Apoquindo Expands Main Zone an Additional 100m West Intersecting 144m of 0.68% Cu & 0.13 g/t Au
    - Hole ZFDDH10-012 intersects 144m (86-230m) of 0.68% Cu & 0.13 g/t Au, including 29.4m (100.6-130m) of 1.62% Cu & 0.19 g/t Au. - This hole is 100m step out west of ZFRC07 and ZFDDH10, and expands the mineralization further west than previously identified - Drilling to date at the Zafranal Main Zone has confirmed chalcocite mineralization 2,800m in strike, up to 600m wide and between 30 - 150m thick
  • Brett Drilling Continues to Confirm Continuity of Mineralization Along Known Trends

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Brett Resources Inc. ("Brett") (TSX VENTURE:BBR) is pleased to provide an update on assay results from the continued drilling of its Hammond Reef Project, in northwestern Ontario. Three of the better intersections in this set of assays include BR179 which ran 100.50m of 1.39 grams per tonne ("g/t") gold, BR182 which ran 114.0m of 1.33 g/t gold, and BR183 which reported 190.50m of 0.84 g/t gold.

  • Galahad Metals Inc.: Drilling Started on Montrose Gold Project, ON

    OTTAWA, ONTARIO--(Marketwire - March 8, 2010) - Galahad Metals Inc (TSX VENTURE:GAX) is pleased to report that drilling has commenced on its Montrose Gold Project located south west of Kirkland Lake. CABO Drilling Corp. from Kirkland Lake office mobilized a drill to the property and has started Galahad's first test of a high-priority I.P. geophysical target. A total of eight holes will be drilled during this first phase of drill testing which is expected to be completed before the end of March.

  • Rio Novo Gold Completes $40 Million Initial Public Offering
    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - N
  • Excellon Announces Epithermal Vein Exploration at Miguel Auza

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Excellon Resources Inc. (TSX:EXN) is pleased to announce that district-scale remapping of its 100% owned Miguel Auza Property in northern Zacatecas State, Mexico has led to the recognition of at least six wide northwest-trending epithermal quartz veins similar in character to those in many of the famous Bonanza-grade silver-gold vein camps of the nearby Fresnillo Silver Trend. These veins are significantly different from the northeast-trending, sulphide-rich "Calvario Veins," which were the historic focus of district mining and exploration. The "Madera Veins" range from 2 to over 10 metres in width and can be readily traced for over 1,500 metres along strike. The veins show many features indicating that potential high-grade silver mineralization may start 200-250 metres below the surface and drilling targeted at approximately 300 metres vertical will begin as soon as permits are i

  • Alexis Projects Robust Economics at Snow Lake Mine With IRR of 191%

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - ALEXIS MINERALS CORPORATION (TSX:AMC) (the "Company" or "Alexis") and Garson Gold Corp. (TSX VENTURE:GG) ("Garson") are pleased to report positive results from a preliminary assessment (PA) by Alexis of its newly acquired Snow Lake Mine (formerly New Britannia Mine), at Snow Lake, Manitoba. The independent study, to be completed by Golder Associates in March 2010, using current resources in the Main Mine and No. 3 Zone, estimates that the Snow Lake Mine would produce a total of approximately 423,000 ounces of gold over an estimated 6 year project life, at a Life of Mine (LOM) total cash cost of approximately US$ 544/ oz. The initial capital cost is estimated at CDN $33.7 M, including working capital. The Snow Lake Mine is projected to generate a 191% internal rate of return (IRR) and approximately CDN $163.8 million accumulated cash flow on a before ta

  • Geologix Closes $4,059,049 Public Offering

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) -

  • Corona Gold Grants Option on Sugar Zone Property

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Corona Gold Corporation ("Corona") (TSX:CRG) is pleased to announce that it has entered into a binding letter agreement (the "Letter Agreement") with Harte Gold Corp. ("Harte") (TSXV:HRT) pursuant to which Corona has granted to Harte an option (the "Option") to acquire Corona's 51% joint venture interest in the "Sugar Zone Property" located in the Dayohessarah Lake area, Ontario. Harte currently holds the remaining 49% joint venture interest in the Sugar Zone Property.

  • Harte Signs Letter Agreement With Corona for Option to Purchase Sugar Zone Property

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - HARTE GOLD CORP. ("Harte") (TSX VENTURE:HRT)(FRANKFURT:H4O) is pleased to announce that Harte has signed a Letter Agreement the ("Agreement") which provides Harte with the Option to acquire Corona's 51% interest in the Sugar Zone Property ("Sugar Zone") to hold an undivided 100% interest. Harte will assume the role of Operator of the project during the term of the Option.

  • Troymet Confirms VMS Target on 100% Owned McClarty Claims

    COMOX, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") is pleased to report that the expanded pulse electromagnetic (PEM) survey, recently completed on the Company's 100% owned claims on the McClarty Lake project, identified a strong, multi-line conductor at depths of between 250 and 400 metres (Mac conductor). Volcanogenic massive sulphide deposits (VMS) such as Lalor and the Chisel Lake deposits occur in association with such conductors. This conductor appears to be on trend with the conductor system that hosts the Discovery zone to the southwest.

  • Anfield Intersects 8.6 Meters Grading 1.79% Nickel and 22.6 Meters Grading 1.56% Nickel at Its Mayaniquel Project, Guatemala

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Anfield Nickel Corp. (TSX VENTURE:ANF) ("Anfield") is pleased to announce the results from the first 2 holes drilled at the Nueva Caledonia and first 11 holes drilled at the Nueva Concepcion target areas as part of its ongoing drill program at its 100% owned Mayaniquel nickel laterite project located in eastern Guatemala. These results represent two new discoveries and are highlighted by hole NCA10-02 drilled at Nueva Caledonia that intersected 8.4 meters grading 1.79% nickel, including 2.7 meters grading 2.25% nickel and hole NCO10-01 drilled at Nueva Concepcion that intersected 22.6 meters grading 1.56% nickel, including 9.6 meters grading 1.98% nickel.

  • Rockhaven Resources Ltd. Announces Acquisition of Mount Hinton Property

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) -  Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") is pleased to announce that it has acquired an option to purchase a 100% interest in the Mount Hinton property located in the Keno Hill mining camp in central Yukon Territory. The property hosts gold-silver-lead mineralization within steeply dipping vein structures. 

  • Kivalliq Announces Aggressive 2010 Exploration Program; Acceleration of Warrants

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Kivalliq Energy Corporation (TSX VENTURE:KIV) (the "Company" or "Kivalliq") today announced its 2010 exploration plans for the Angilak Project in Nunavut, with a focus on the historic Lac Cinquante Uranium Deposit located in Nunavut, Canada.

  • Southern Arc Minerals Inc.: Perda Endorsed by Minister of Home Affairs

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Southern Arc Minerals Inc. ("Southern Arc" or the "Company") (TSX VENTURE:SA) is pleased to report that the Minister of Home Affairs in Jakarta has endorsed the new provincial land utilization regulation ("the Perda") for West Nusa Tenggara (NTB). The final step in the regulatory process will be for the Perda to be enacted by the Provincial Governor.

  • Paramount Gold and Silver Corp. Discovers Second Bulk-Mineable Gold Target at San Miguel Project in new San Francisco Area as Resource Delineation Continues
    CHIHUAHUA, MEXICO--(Marketwire - March 8, 2010) - Paramount Gold and Silver Corp. (NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G) - R
  • Fission Energy Drills Four More Vertical Step-Out Holes That Extend the J-Zone Including Intervals of 1.9m and 1.6m Over 9,999 CPS

    KELOWNA, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - FISSION ENERGY CORP. ("Fission" or the "Company") (TSX VENTURE:FIS) has completed five additional vertical oriented step-out drill holes, WAT10-074, 075, 076A, 077, and 079. The new drill holes have extended the J-Zone's strike length to at least 55m (east-west) and 35m wide (north-south). Four of the five have intersected highly radioactive mineralization at the unconformity, including "off-scale" (cps greater than 9,999) radioactivity. In addition, a second drill rig has been added to the 2010 Waterbury Lake exploration program, to assist with testing the three kilometre structural corridor which is host to the J-Zone.

  • ATAC Resources Ltd. Dramatically Increases Its Land Position at Its Rau Gold Project in Yukon

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - ATAC Resources Ltd. (TSX VENTURE:ATC) is pleased to announce that it has staked an additional 3,305 claims at its wholly-owned Rau Gold Project, which is located in the Keno Hill district of central Yukon Territory.

  • NovaGold Announces Additional US$75 Million Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) today announced that it is proposing to issue 13,636,364 common shares of the Company at a price of US$5.50 per common share for gross proceeds of US$75,000,002 (the "Soros Offering") to Quantum Partners Ltd., a private investment fund managed by Soros Fund Management LLC. This is in addition to the US$100 million financing announced by the Company on March 4, 2010 (the "Paulson Offering"). The gross proceeds to be raised under the two financings total US$175 million.

  • Canaco Drills 16 Metres Grading 5.45 Grams Gold Per Tonne and 48 Metres Grading 2.71 Grams Gold Per Tonne, Extending the Strike of Magambazi Mineralization

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Canaco Resources Inc. (TSX VENTURE:CAN) is pleased to announce additional diamond drill results from Magambazi and Magambazi North prospects located at the Company's Handeni Gold Project in the Handeni region of the United Republic of Tanzania.

  • Kirrin Resources Update on Otish Basin Plans and Grevet Property Fees; Announces Option Grant

    CALGARY, ALBERTA--(Marketwire - March 8, 2010) - Kirrin Resources Inc. (TSX VENTURE:KYM) announced today that it has terminated plans to extend its exploration activities to the Otish Basin and details of a $10,000 finder's fee paid to a third party in respect of the recently announced acquisition of the Grevet rare earth elements ("REE") property.

  • X-Cal Resources Ltd.: Addition of a Development Team Is Next for Sleeper

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - X-Cal's (TSX:XCL) Nevada Gold properties are in areas that are known for commercial gold production.

  • Nomination de Serge Miller au poste de président et chef de la direction d'ArcelorMittal Mines Canada

    MONTREAL, QUEBEC, CANADA--(Marketwire - 8 mars 2010) - 

  • Spanish Mountain Engages Peter Grandich

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Spanish Mountain Gold Ltd. ("Spanish Mountain" or the "Company") (TSX VENTURE:SPA) is pleased to announce it has engaged Peter Grandich ("Grandich") to act as an investor relations consultant.

  • Northern Superior Resources Inc. Initiates Reverse Circulation Drill Program, Ti-pa-haa-kaa-ning Gold Project, Northwestern Ontario

    SUDBURY, ONTARIO--(Marketwire - March 8, 2010) - Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSX VENTURE:SUP) is pleased to report that the Company's reverse circulation drill program on its Ti-pa-haa-kaa-ning ("TPK") gold project has been initiated. Despite poor ice conditions, the Company was able to complete the construction of winter ice roads necessary to mobilize heavy drill equipment to site (see press release February 22nd, 2010). Results from this program will be released as soon as they are available.

  • East Asia Receives Indonesia Government Approved IUP "Mining Licence" Confirming Tenure of Barisan II Under New Mining Law

    VANCOUVER, BRITISH COLUBMIA--(Marketwire - March 9, 2010) - East Asia Minerals Corporation (TSX VENTURE:EAS) reports that in addition to the previously announced receipt of the Aceh Province Miwah, Barisan I and Takengon Ijin Usaha Pertambangan (IUP "Mining Licences"), the Company has received formal documents from the Directorate General of Mineral, Coal and Geothermal confirming the finalized conversion of its Aceh Province Barisan II tenement to IUP.

  • Serge Miller Appointed CEO of ArcelorMittal Mines Canada

    MONTREAL, QUEBEC, CANADA--(Marketwire - March 8, 2010) - 

  • Uragold Acquires 100% Interest in the Bulstrode Rare Earth Property, Therefore Increasing its Substantial Properties Holding in the Southern Quebec Appalachian Belt
    MONTREAL, QUEBEC--(Marketwire - March 8, 2010) - Uragold Bay Resources Inc. (Uragold) (TSX VENTURE:UBR), is pleased to announce it has acquired by map staking 100% interest in the Bulstrode Rare Earth property located 28 km west of Thetford Mines, Eastern Townships, Quebec, approximately 150 km east of Montreal. T
  • Hunt Mining Corp.: Appointment of Mr. Scott Brunsdon to Board of Directors

    LIBERTY LAKE, WASHINGTON--(Marketwire - March 8, 2010) - Hunt Mining Corp. (the "Corporation") (TSX VENTURE:HMX), is pleased to announce the appointment of Mr. Scott Brunsdon to the Corporation's board of directors.
    Mr. Brunsdon has held senior positions with a number of public and private mining companies including:

  • Western Areas Announces New Nickel Sulphide Discovery at Sandstone Joint Venture

    PERTH, AUSTRALIA--(Marketwire - March 8, 2010) -

  • Eastern Dragon Resource and Reserve Update

    42% Increase in Proven and Probable Ounces

  • Exploration NQ inc./Propriété Carheil : 10,5 mètres à 1,66 % zinc et 550 g/t d'argent
    LAVAL, QUEBEC--(Marketwire - 8 mars 2010) - Exploration NQ inc. (TSX CROISSANCE:NQE) a le plaisir d'annoncer les résultats de la campagne de forage automne-hiver 2010 sur sa propriété Carheil en Abitibi, Québec. Les six sondages, totalisant 3 160,5 mètres, ont tous intersecté des zones minéralisées en cuivre-zinc, avec parfois or et argent; plusieurs de ces intersections sont parmi les plus riches de toute la région. Bien que les zones à veinules volcanogènes soient généralement moins larges que dans les sondages précédents, les concentrations en métaux de base et en métaux précieux sont beaucoup plus élevées. De plus, les sondages les plus profonds démontrent une importante augmentation de l'intensité et de l'épaisseur de l'altération en chlorite noire, de même qu'un épaississement marqué des unités volcaniques felsiques avec l'apparition d'une unité d'agglomérat polymictique; se sont des critères bien connus qui indiquent un environnement géologique à sulfures massifs volcanogèn
  • NQ Exploration Inc./Carheil Property: 10.5 Metres at 1.66% Zinc and 550 g/t Silver
    LAVAL, QUEBEC--(Marketwire - March 8, 2010) - NQ Exploration Inc. (TSX VENTURE:NQE) is pleased to report the results of its 2010 fall-winter drilling program on its Carheil project in the Abitibi region of Quebec. The six holes totalling 3,160.5 metres all intersected zones mineralized in copper-zinc, and sometimes gold and silver. Many of the intersections are among the richest in the region. While the volcanogenic stringers zones are generally less wide than in earlier holes, they contain much higher concentrations of base and precious metals. Furthermore, the deepest holes show a significant increase in the intensity and thickness of the black chlorite alteration, as well as a marked thickening of the felsic volcanic units, along with the appearance of a polymictic agglomerate unit; these are well-recognized indicators of an increasingly proximal volcanogenic massive sulphide geological environment.
  • PC Gold Hits Abundant Visible Gold in Two Thick Intercepts of the Newly Discovered No. 19 Vein; Drills 8.23 g/t Gold Over 7.6 Metres; Assays Pending for Second Hole

    OTTAWA, ONTARIO--(Marketwire - March 8, 2010) - PC Gold Inc. (TSX:PKL) is pleased to report that additional drilling on the newly discovered No. 19 vein (news release, February 11, 2010) has returned two thick intercepts with abundant visible gold in wedge holes PC-10-052-W01 and W02. The width and grade of the two new intercepts establish the No. 19 vein as a major new high-grade discovery. This relatively shallow vein is located close to historical workings and is likely, with further drilling, to contribute significantly to the development of the property. Assays for the first of the two holes drilled through the No. 19 vein have been received and are presented below. Assays for the second hole, which includes visible gold occurring along the full length of the vein intercept, are expected in approximately two weeks. The core from the first intercept can be viewed between today and Wednesday at the Company's

  • Sulliden Intersects 1.30 g/t Gold Over 76.25 Meters and 1.00 g/t Gold Over 107 Meters in the Gap Zone
    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Sulliden Gold Corporation ("Sulliden", the "Company") (TSX:SUE)(OTCQX:SDDDF) is pleased to report assay results for an additional four holes, totalling 850 meters, which completes its current exploration program that targeted the eastern portion of the deposit on the Shahuindo Gold Project in Peru. The exploration program generated positive results from the South, San Jose, Gap, East and Moyan Alto zones, which demonstrate the continued growth potential of the Shahuindo deposit. Results include hole RSH10-112 that assayed 1.30 g/t Au and 2.8 g/t Ag over 76.25 meters and hole RSH10-113 that assayed 1.00 g/t Au and 23.4 g/t Ag over 107.1 meters.
  • Kria Resources Submits Environmental Impact Assessment Registration Document for its Halfmile Lake Project

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Kria Resources (TSX VENTURE:KIA) ("Kria" or the "Company") today announces that it has filed an Environmental Impact Assessment (EIA) Registration Document with the Government of New Brunswick for its Halfmile Lake property located near Bathurst, New Brunswick.

  • Goldstone Resources Plans Aggressive 2010 Exploration Program

    Supplements joint venture program operated by Premier Gold

  • Quadra Mining Ltd. Announces 2009 Year End and Fourth Quarter Financial Results
    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - (
  • Nevgold Drills Best Intercept to Date at Cordero, Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Nevgold Resource Corp. ("Nevgold" or "the Company") (TSX VENTURE:NDG) is pleased to provide an update on the results from two core holes and one shallow reverse circulation (RC) drill hole on the Company's Cordero gold-silver property in northern Nevada. The first core hole, MC-001, intersected anomalous gold mineralization, while the second core hole MC-002, intersected the highest gold grade sampled on the property to date at 5.4 feet (ft) grading 5.07 grams per tonne (g/T). Significantly, this 5.07 g/T intercept (0.148 oz/ton) is the first direct indication of high grade vein style mineralization, and is a major milestone in confirming the Company's exploration model. The single shallow RC hole, MR-14, was drilled from the same site as last year's MR-010, and intersected the best near surface oxide gold interval on the property to date at 30 ft grading 1.04 g

  • DOT Announces New Copper Discovery

    CALGARY, ALBERTA--(Marketwire - March 8, 2010) - DOT Resources Ltd. (TSX VENTURE:DOT) ("DOT" or the "Corporation") is pleased to announce that it has made a new copper discovery on its 100% owned Dot porphyry copper property (the "Property") located 17 kilometres south of the Highland Valley Mining District, in central British Columbia (see Figure 1).

    SUMMARY

  • Quadra Mining Signs Memorandum of Understanding to Create a Strategic Partnership With State Grid International Development Limited

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Quadra Mining Ltd. ("Quadra" or "the Company") (TSX:QUA) is pleased to announce that it has executed a memorandum of understanding ("MOU") with State Grid International Development Limited ("SGID"), a wholly owned subsidiary of State Grid Corporation of China, the largest Chinese utility company and a major end user of copper for the formation of a joint venture (the "Strategic JV"). The Strategic JV will develop and operate Quadra's Sierra Gorda project and Franke Mine and seek to invest in other prospective copper assets, initially in Chile. The parties will be entitled to their proportionate share of the concentrate or cathode production of the Strategic JV on arm's-length terms. Quadra shall be responsible for supervising the day-to-day operations of the Strategic JV under the oversight and direction of a Board of Directors consisting of an equal number of represe

  • Largo Resources Closes First Tranche of Private Placement Financing

    Proceeds intended to be used to acquire additional 35% interest in Maracas Project

  • EMX Reports Additional Encouraging Drill Hole Results from Grand Bois and Announces Plans to Resume Exploration Operations in Haiti
    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Eurasian Minerals Inc. (the "Company" or "EMX") (TSX VENTURE:EMX) is pleased to report final drill hole assay results from the Grand Bois property, including near-surface oxide gold intercepts of 12.0 meters averaging 20.24 g/t and 30.4 meters averaging 6.76 g/t. The drilling program also produced significant new copper intercepts below the oxide gold zone, including 100.58 meters averaging 0.56%. The Grand Bois deposit occurs immediately to the southeast of a 1.8 by 1.1 kilometer area of strongly anomalous copper soil geochemistry ( greater than 250 ppm Cu) at Riviere Brunette. The Riviere Brunette copper anomaly is situated 100 to 400 meters lower in elevation than the ridge hosting the Grand Bois deposit, suggesting a correlation with the copper drill intercepts that occur beneath the shallow gold zone. The Company is also pleased to announce that it has relocated its Haiti exploration office from Port au Prince to Cap Hait
  • Colombian Mines Mobilizes Second Drill to Yarumalito and Provides Project Updates

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Colombian Mines Corporation ("Colombian Mines" or "the Company") (TSX VENTURE:CMJ) announces that it will be mobilizing a second drill to the Company's Yarmualito project. This second core rig is scheduled to arrive during the week of March 14th and will start drilling in the La Escuela gold target area. The first core rig began drilling early last month and has completed two holes to date at La Escuela. The Company is permitting five additional drill sites in the La Escuela and Balastreras gold porphyry target zones, and has begun rehabilitation of the Mina Yarumalito mine workings in preparation for an underground drilling program.

  • VMS Ventures Commences VTEM Airborne Survey at the Morton Lake, Hood Option and Puella Bay Properties, Snow Lake, Manitoba

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") is pleased to announce that a high definition, deep penetrating VTEM airborne survey over three of its exploration properties in the Snow Lake portion of the Flin Flon-Snow Lake greenstone belt of Manitoba is now underway. The survey is being contracted by Geotech Ltd. of Aurora, Ontario. The survey will complete the surveying of most of the properties held by the Company in the Snow Lake area that are prospective for the copper-zinc-gold-silver massive sulphide type deposits mined in the region. The survey is designed to fly 2,478 line km and cover an area of approximately 230 square kilometers (89 square miles).

  • Genco's Third Tranche of $4.5 Million Placement Oversubscribed

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) -

  • (JAGR): Jaguar Mining Enterprises Declines All Financing Parties as They Are More Than Confident They Will Reach the Company's Goals Without Any Outside Funds and Has Been Talking to Several Large Potential Joint Ventures, Which They May Engage Only if Necessary

    RICHMOND, TX--(Marketwire - March 8, 2010) -  Jaguar Mining Enterprises, Inc. (PINKSHEETS: JAGR) is pleased to announce to our shareholders that we are on target of our projected schedule as excavation at the Cascaronal Mine will commence this month.

  • American Manganese Inc. Appoints Atlanta Capital Partners, LLC for Investor Relations

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - American Manganese Inc. (TSX VENTURE:AMY)(PINK SHEETS:AMYZF) ("American Manganese" or the "Company") announces it has retained the services of Atlanta Capital Partners, LLC to assist with its investor relations effort in the United States. Atlanta Capital Partners helps public companies, private companies and venture capital firms communicate with Wall Street, investors and the media.

  • Salares Lithium's Geophysical Survey Delineates Brine Bearing Horizon

    TEM Survey Calculates Volume of 2.5 to 5.4 Billion Kilolitres For Northern Salar de La Isla

  • International Tower Hill Announces Key Positive Metallurgical Test Results for Livengood Gold Project, Alaska

    Gravity, Flotation and CIL Leaching Metallurgical Testing Indicates Average Recoveries of 85-88% Gold and Strongly Support the Milling Concept

  • Ivernia Commences Exploration Drilling to Extend the Mine Life at Magellan

    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Ivernia Inc. ("Ivernia" or "the Company") (TSX:IVW) today announced that an exploration program in the vicinity of the Magellan Mine in Western Australia is planned to commence in April 2010. The Magellan Mine produces lead carbonate concentrates and restarted lead processing operations in February 2010. The exploration drilling program targets to discover new lead deposits near the existing mine ore-bodies and increase the confidence of resource definition to expand the mines reserves and extend the mine life. A budget of AUS$1.4 million has been approved for the first stage of these programs which are expected to be completed by August 2010 followed by re-optimization of life of mine plans with a reserve and mine-life update expected by year-end. Rig mobilization is planned for mid-April for the commencement of the approximate 300 drill-hole program.

  • Alexco Awards Mining Services Contract

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Alexco Resource Corp. (TSX:AXR)(NYSE Amex:AXU) ("Alexco" or the "Company") is pleased to announce that it has awarded the Mining Services Contract for development and production mining of the Bellekeno silver-lead-zinc deposit to the NNDDC/Procon Joint Venture, a joint venture between Procon Mining and Tunnelling Ltd. and the Nacho Nyak Dun Development Corp. The Bellekeno Mine is located in the Keno Hill silver district of Canada's Yukon Territory, within the traditional territory of the First Nation of Na-Cho Nyak Dun.

  • Orocobre Limited Announces High-Grade Lithium and Potassium Brine Discoveries
    Extensive pit sampling at Salinas Grandes shows the highest average lithium and potassium grades in Argentina and comparable with Atacama brines. - Grades average 1,409 mg/l lithium and 16,394 mg/l potassium over the Company's properties on the Salinas Grandes salar nucleus. - Very Low average magnesium to lithium ratio of 2.6. - Additional potential at Guayatoyoc with high potassium grades. - Both discoveries further strengthen Orocobre as the leading developer in Argentina's "Puna Lithium Province".
  • Donner Metals Ltd.: Mise à jour des résultats de forage sur le gisement Bracemac-McLeod
    VANCOUVER, COLOMBIE-BRITTANIQUE--(Marketwire - 7 mars 2010) - M. Harvey Keats, chef de la direction de Donner Metals Ltd. (TSX CROISSANCE:DON)(FRANCFORT:D4M) annonce que la Société a reçu des résultats supplémentaires de Xstrata Zinc provenant du programme de forage de définition en cours au gisement Bracemac-McLeod. Le forage est terminé dans la zone Bracemac, et cinq foreuses sont actuellement en fonction dans la zone McLeod. Les résultats sont présentés dans les tableaux ci-joints. Le programme de forage de définition avance selon les délais établis.
  • Donner Metals Ltd.: Bracemac-McLeod Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 7, 2010) - Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (TSX VENTURE:DON)(FRANKFURT:D4M), reports that it has received additional results from Xstrata Zinc from the definition drill program currently in progress on the Bracemac-McLeod Deposit. Drilling has been completed at Bracemac and five drills are currently focused on the McLeod Zone. The results are listed in the attached tables. The definition drilling program is on schedule.

  • Nuinsco and Coventry Agree to Extend Closing of Cameron Lake Sale

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Further to its press release of December 23, 2009, Nuinsco Resources Limited ("Nuinsco" or the "Company") (TSX:NWI)(www.nuinsco.ca) today announced that it has agreed with Coventry Resources Limited ("Coventry") (ASX:CVY) to extend the closing date for its sale of the Cameron Lake Gold Project. The Binding Heads of Agreement between Nuinsco and Coventry has also been amended to provide that the parties shall enter into the definitive Sale and Purchase Agreement upon closing.

  • True North Gems Options Yukon Rare Earth Discovery to Great Western Minerals

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - True North Gems Inc. (TSX VENTURE:TGX) and Great Western Minerals Group Ltd. ("GWMG") are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX's True Blue property in the Yukon in exchange for carrying TGX through to completion of a bankable feasibility study.

  • Autlan Exercises Warrants of GFM Resources Limited

    GARZA GARCIA, MEXICO--(Marketwire - March 5, 2010) - Grupo Ferrominero S.A. de C. V. ("Grupo") and its subsidiary Compañía Minera Autlán S.A.B. de C.V. ("Autlán") announce that Autlan has acquired shares of GFM Resources Limited (the "Company") which have taken it over securities reporting thresholds. As a result of the transactions set out below, Grupo directly and indirectly through Autlán owns or exercises control or direction over 15,370,215 common shares of the Company, representing 85.37% of the Company (16,370,215 common shares, or 86% assuming the exercise other outstanding warrants).

  • Aldrin Cancels Brokered Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Aldrin Resource Corp. (TSX VENTURE:ALN) ("Aldrin") announces that Aldrin and Byron Capital Markets ("Byron") have agreed to terminate Byron's engagement as agent in connection with Aldrin's previously announced $6 million brokered private placement. Aldrin currently has sufficient capital on hand to commence the 2010 work programs scheduled for its Yukon properties.

  • Sage Signs Borealis Option Agreement, Appoints SRK Consultant on Borealis Project and Proposes Share Consolidation

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Sage Gold Inc. (TSX VENTURE:SGX) ("the Company") is pleased to announce the completion and execution of the definitive option agreement with Gryphon Gold Corporation ('Gryphon Gold'). The agreement details the terms of Sage Gold's option to earn in into an undivided 50% interest in the Borealis Gold Project.

  • Portal Resources Grants Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Portal Resources Ltd. (TSX VENTURE:PDO) has granted, under the Company's Incentive Stock Option Plan, options to purchase an aggregate of 200,000 common shares to a consultant of the Company. The options are exercisable until March 6, 2015, at an exercise price of $0.26 per share.

  • Kinross Announces Aid for Victims of Chilean Earthquake

    Immediate relief package valued at Cdn $705,000

  • Galena International Resources Ltd. & Kernow Resources & Developments Ltd.: Completion of Qualifying Transaction; Resumption of Trading on the TSX Venture Exchange as a Tier 2 Mining Issuer

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Galena International Ltd. (TSX VENTURE:GTO.P) ("Galena") and Kernow Resources & Developments (TSX VENTURE:KRD) ("Kernow") are pleased to announce that the TSX Venture Exchange (the "Exchange") has accepted Galena's qualifying transaction (the "Qualifying Transaction").

  • VMS Announces Appointment of Dr. Mark Fedikow as VP Exploration

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") is pleased to announce the appointment of Dr. Mark Fedikow as Vice President Exploration. Dr. Fedikow is also VP of Technical Services for the Company.

  • Avion to Release 2009 Financials and MD&A on April 6th, 2010

    Avion to attend PDAC March 7th-10th

  • URSA Major Minerals Announces 2010 Exploration Plans for its Ontario Nickel-Copper and PGM Projects and Update on Operations at Shakespeare Mine

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) -

    THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO ANY U.S. NEWS WIRE SERVICE OR FOR DISSEMINATION IN THE UNITED STATES.

  • Hard Creek Nickel Corporation: Preliminary Assessment Shows Turnagain Project C1-Operating Costs of U.S. $3.34 Per Pound of Nickel
    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Hard Creek Nickel Corporation (TSX:HNC) today announced that it has completed an updated positive Preliminary Assessment Study (PA) of the Company's 100% owned Turnagain Nickel Project, located near Dease Lake in British Columbia, Canada. The PA was compiled by Wardrop, a Tetra Tech Company, and will be filed on SEDAR within 45 days to be available at the same time for viewing on the company's website www.hardcreek.com. T
  • Dorato Receives Final TAR-012 Results From Minera Afrodita
    Grade of Main Intersection Increases by 15%: TAR-012: 18.0 m grading 41.58 g/t (1.2 oz/t) gold Including grades up to 602.99 g/t gold (17.6 oz/t) over 1.22 m Provides Update on Exploration Dorato Now Trading on OTCQX(R) International - Symbol "DRIFF" - Providing US Investors with Regulated Market Access
  • Ressources Conway complète un placement privé et annonce un octroi d'options

    QUEBEC, QUEBEC--(Marketwire - 5 mars 2010) - Ressources Conway inc. (TSX CROISSANCE:CWY) est heureuse d'annoncer qu'elle a complété un placement privé pour un montant total de 125 000 $ en contrepartie de l'émission de 2 125 000 actions accréditives au prix de 0,05 $ l'action et de 375 000 actions ordinaires au prix de 0,05 $ l'action. Chaque action est accompagnée d'un bon de souscription permettant au porteur de souscrire une action ordinaire additionnelle de la Société au prix de 0,10 $ pendant une période de 12 mois suivant la clôture du placement.

  • Conway Resources Completes Private Placement and Announces Grant of Stock Options

    QUEBEC CITY, QUEBEC--(Marketwire - March 5, 2010) - Conway Resources Inc. (TSX VENTURE:CWY) is pleased to announce that it has completed a private placement for a total of $125,000 for which it has issued 2,125,000 flow-through shares at $0.05 per share and 375,000 common shares at $0.05 per share. Each share is accompanied by a full warrant. Each warrant entitles its holder to subscribe for one additional common share of the Company at a price of $0.10 for a 12-month period following the closing date of the private placement.

  • Rare Earth Metals Inc Announces Resumption of Drilling at the Clay-Howells Prospect in Northern Ontario

    THUNDER BAY, ONTARIO--(Marketwire - March 5, 2010) - Rare Earth Metals Inc ("Rare Earth Metals" or the "Company") (TSX VENTURE:RA) is pleased to announce the resumption of drilling on the Clay-Howells project in northern Ontario. The drill program had been delayed in order to carry out discussions with a First Nations group and the provincial government. These discussions were successful in resolving the outstanding issues and drilling resumed on March 3rd. Prior to the suspension of the drilling the initial drill rig had completed two holes and the third was in progress. This third hole has now been completed. A second drill rig has been mobilized to the property and should also be operating by March 8th. Results from the ongoing drilling will be released as they become available.

  • Castle Resources Announces Positive Preliminary Economic Assessment for the Elmtree Gold Project

    - Micon International's PEA confirms robust economics at Elmtree

    - Management fast-tracking Elmtree to bankable feasibility this year

    - Permitting process has begun at the Elmtree Project for open pit plan

  • Wedge Finalizes Flow-Through Waiver Agreement

    OTTAWA, ONTARIO--(Marketwire - March 5, 2010) - Wedge Energy International Inc. ("WEG" or the "Company") announced today that subject to a waiver agreement with respect to the 2008 Flow-through year, the Company is issuing 1,080,000 shares to 4 individuals.

    "The statements in this Press Release may contain forward looking statements that involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The CNSX has not approved or disapproved of the information contained in this Press Release."

  • Eskay Mining Clarifies March 1, 2010 Release

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - ESKAY MINING CORP (the "Company" or Eskay) (TSX VENTURE:ESK)(FRANKFURT:878 985)(BERLIN:878 985) wishes to provide a clarification to its March 1, 2010 release that announced the appointment of Mr. Chet Idziszek and Mr. David Mallo as members of the Company's Advisory Board.

  • Kodiak vergibt Option für Liegenschaft Roy - Bohrarbeiten im Athabasca-Becken laufen weiter

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Kodiak Exploration Limited (TSX VENTURE: KXL)(FRANKFURT: KX3) ist sehr erfreut bekannt geben zu können, dass das Unternehmen am 25. Februar 2010 ein Optionsabkommen mit Merrygold Investments Ltd. (im Weiteren „Merrygold“) abgeschlossen hat, durch das Merrygold bei Übernahme von Erschließungskosten in Höhe von insgesamt 5.500.000 $ eine Beteiligung von bis zu 70 % an Kodiaks in der Gemeinde Roy in Quebec (Kanada) gelegenen Gold-Projekt „Roy“ erhält.

  • Seafield Set to Initiate Gold Exploration Program in Colombia

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Seafield Resources Ltd. ("Seafield") (TSX VENTURE:SFF) has signed a formal agreement (the "Definitive Agreement") with privately-owned Caribbean Copper and Gold Corp. ("CCGC") whereby CCGC assigns all right, title, and interest in and to the option of one property, and CCGC facilitates the direct option of two other adjacent properties covering an area of 6,874 hectares (the "Property") located in the Quinchia district of Colombia.

  • Alder Resources Ltd.: Will Randall Appointed to Board; Donald Mosher Resigns

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Alder Resources Ltd. (TSX VENTURE:ALR) (the "Company") announces that Donald Mosher has resigned as a Director and that, simultaneously, William Randall, of Toronto, Ontario, has been appointed as a Director of the Company. Mr. Randall is a Professional Geologist whose professional experience includes management roles in both mineral exploration and production. During his career he has run, or participated in, exploration programs responsible for numerous discoveries and has taken deposits from the resource stage through to feasibility and production.

  • Excalibur Resources Appoints President and Chief Executive Officer; Arranges Private Placement

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Excalibur Resources Ltd. (the "Company") (CNSX:XBR)(FRANKFURT WKN:A0MMDH) is pleased to announce that Dr. James D. Kendall has been appointed President and Chief Executive Officer of the Company. Dr. Kendall brings to Excalibur Resources a variety of past management experience at Barrick Gold Corporation. Dianne Szigety has stepped down as President to resume her duties as Corporate Secretary. The Company thanks Dianne for her dedication and service as President since August, 2009.

  • Bearclaw Announces Appointment of Scott Ross as President and CEO

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Bearclaw Capital Corp. (TSX VENTURE:BRL)(FRANKFURT:5BQ) announces that Scott Ross has been appointed as the company's President and CEO, to fill the vacancy resulting from the death of John B. Ross.

  • Rocmec reporte l'échéance des débentures de Desjardins Innovatech S.E.C

    VAUDREUIL-DORION, QUÉBEC--(Marketwire - 5 mars 2010) - Corporation minière Rocmec inc. (la «compagnie») (TSX CROISSANCE:RMI) (FRANCFORT:D5O) est heureuse d'annoncer qu'elle est venue à une entente avec Desjardins Innovatech S.E.C afin de repousser l'échéance de leurs débentures au 31 décembre 2011. Les 8 débentures de 100 000 $ chacune viennent désormais à échéance le 31 décembre 2011. En contre partie de ce report, l'intérêt annuel sur ces débentures passe de 12% à 13.5%, le privilège de conversion pourra désormais être exercé au prix de 0.13 $ par action et enfin Rocmec accorde à Desjardins Innovatech S.E.C 4 millions de bons de souscription exerçable au prix de 0.16 $ par action pour une période de 18 mois se terminant le 1er juillet 2011. La t

  • Rocmec Extends Maturity Date of Debentures With Desjardins Innovatech

    VAUDREUIL-DORION, QUEBEC--(Marketwire - March 5, 2010) - Rocmec Mining inc. (the «company») (TSX VENTURE:RMI) (FRANKFURT:D5O) is pleased to announce that an agreement has been reached to extend the maturity date of the debentures held by Desjardins Innovatech. The maturity date of the eight (8) $100,000 debentures has been extended to December 31st, 2011. In exchange for the extension, the annual interest rate paid on the debentures will increase from 12% to 13.5%, the conversion price adjusted to $0.13 and Rocmec will issue 4 million common share purchase warrant priced at $0.16 per share for a period of 18 months ending July 1st, 2011. The transaction is subject to the approval of the TSX Venture exchange.

  • APM Grants Options to Directors, Officers and Employees

    HALIFAX, NOVA SCOTIA--(Marketwire - March 5, 2010) - Advanced Primary Minerals Corporation (the "Corporation" or "APM") (TSX VENTURE:APD) announce the grant of a total of 1,670,000 options to an aggregate of 14 directors and officers and to employees of its wholly owned subsidiary, Advanced Primary Minerals USA Corp. Each option is exercisable for one common share of the Corporation until March 1, 2015 at an exercise price of $0.16. All of the options vested immediately with the exception of 295,000 options granted to certain individuals, which vest as to 65,000 on September 1, 2010 and as to 230,000 on March 1, 2011.

  • Geologix Delivers 2010 Tepal Project Option Payment to Arian Silver

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Geologix Explorations Inc. (the "Company" or "Geologix") (TSX:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(STUTTGART:GF6)(MUNICH:GF6) is pleased to announce that in accordance with the Company's previously announced Option to Purchase Agreement (the "Agreement") with Arian Silver Corporation ("Arian") for the purchase of a 100% interest in the Tepal Gold-Copper Project in Michoacán, Mexico, the Company has delivered US$725,000 cash and 3,434,193 common shares of the Company to Arian as consideration for the 2010 payment obligations under the terms of the Agreement. The shares issued to Arian are subject to a four month restricted sale period.

  • Queenston Mining and Vault Minerals Agree to Merger to Consolidate Holdings in the Kirkland Lake Gold Camp

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Queenston Mining Inc. (TSX:QMI) ("Queenston") and Vault Minerals Inc. (TSX VENTURE:VMI) ("Vault") are pleased to announce that they have entered into an agreement ("the Agreement") to amalgamate (the "Amalgamation") Vault and Queenston in a transaction unanimously approved by both companies' boards of directors. The business combination will create the largest property holdings in the historic Kirkland Lake gold camp where approximately 40 million ounces of gold have been produced over the last century. As a result of this transaction the consolidated land holdings would represent 27 individual properties containing approximately 19,000 hectares.

  • Teck Announces Waneta Dam Sale Closing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") today announced that the sale of a one-third interest in the Waneta Dam to BC Hydro for C$825 million has closed today. Teck will apply the net proceeds of the transaction along with US$300 million of cash on hand to reduce the outstanding balance on its term loan to approximately US$800 million. Teck's cash balance following the debt repayment will be approximately C$900 million.

  • MDN Inc.: Exploration Update, Ikungu Property, Tanzania

    MONTREAL, QUEBEC--(Marketwire - March 5, 2010) - MDN inc. ("MDN") (TSX:MDN) announces that the Ikungu drill program was restarted with two drill rigs on January 28, 2010. The objective of this program is to systematically drill the main gold-bearing reef along a 2.5 km strike length.

  • MDN inc. : Mise à jour sur l'exploration, propriété Ikungu, Tanzanie

    MONTREAL, QUEBEC--(Marketwire - 5 mars 2010) - MDN Inc. ("MDN") (TSX:MDN) annonce que le programme de forage à Ikungu a repris à l'aide de deux foreuses le 28 janvier 2010. Le but de ce programme est de forer de façon systématique le filon principal sur une longueur de 2,5 km.

  • Orvana Announces Updated Resource Estimate at El Valle-Boinas/Carles Project

    Measured and indicated gold ounces increase by 24% to 1,201,000 and Inferred gold ounces by 18% to 1,478,000

  • Kent Exploration Inc.: Diamond Drill Program Commences at Gnaweeda Gold Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Kent Exploration Inc. (the "Company" or "Kent") (TSX VENTURE:KEX) is pleased to announce that through its wholly owned subsidiaries, Archean Star Resources Australia Pty Ltd and Archean Star Resources Inc. (together "Archean"), it has commenced the first phase of a two-phase diamond drill program on the Gnaweeda Gold Project in the northern Murchison Province of Western Australia.

  • Kodiak Expands Thick Zone of Gold Mineralization at Milestone With New Drilling

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Kodiak Exploration Ltd. (TSX VENTURE:KXL)(FRANKFURT:KX3) is pleased to announce that the company continues to intercept thick zones of potentially bulk-minable gold mineralization at its Milestone Property at the eastern end of the Beardmore-Geraldton gold camp. Winter drilling by Kodiak has intercepted significant gold mineralization in every drill hole, expanding the size of the gold mineralized system first reported by Kodiak in November, 2009 (News release dated 26 November, 2009). Kodiak has completed six diamond drill holes totaling 2272 metres this winter at Milestone. Highlights include drill hole MS10-05 which cut 34.0 metres grading 0.98 gpt gold; drill hole MS10-06 which cut 37.2 metres grading 0.54 gpt gold and drill hole MS10-08 which cut 12.1 metres grading 2.05 gpt gold. MS10-08 also intercepted locally higher grade gold mineralization (> 7 gpt gold)

  • Metanor Resources Inc. Announces the Closing of a Private Placement

    VAL-D'OR, QUEBEC--(Marketwire - March 5, 2010) - Metanor Resources Inc. ("Metanor") ("TSX VENTURE:MTO) announces the closing of a non-brokered private placement to European and Canadian investors for gross proceeds of $2,850,000. The private placement consisted of 5,700,000 units (the "Units") at a price of $0.50 per unit.

  • Ressources Métanor Inc. annonce la clôture d'un placement privé

    VAL-D'OR, QUEBEC--(Marketwire - 5 mars 2010) - Ressources Métanor Inc. (« Métanor ») (TSX CROISSANCE:MTO) annonce la clôture d'un placement privé, auprès d'investisseurs européens et canadiens, sans l'entremise d'un courtier d'un montant de 2 850 000 $. Ce placement privé consiste en 5 700 000 unités au prix de 0,50 $ l'unité.

  • Pele Mountain Completes VTEM Survey at Pigeon River, Identifies Several Priority Ni-Cu-PGE Exploration Targets

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Pele Mountain Resources Inc. (TSX VENTURE:GEM) ("Pele" or the "Company") today announced the completion of a 1,015 line-kilometre Versatile Time-Domain ElectroMagnetic ("VTEM") airborne survey over its Pigeon River property in the Thunder Bay area of Northern Ontario. Pele has staked more than 500 additional mining claim units since introducing the project in January and its total land package now exceeds 24,000 hectares (240 km2). The property covers large unexplored magnetic targets with the potential to host nickel ("Ni"), copper ("Cu"), and platinum group elements ("PGE") mineralization.

  • Fortress Financial Group, Inc. - Statement

    Company Quashes False Rumours of a Reverse Split of Its Common Stock

  • Bayfield's Rainy River Drill Program Continues on "Burns" Block, NW Ontario

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) (the "Company") reports that a drill rig has been mobilized back onto the Company's 100% owned Burns Block in the Richardson township, Rainy River district of Northwestern Ontario. The Burns Block is situated immediately to the east, on strike, of the Rainy River Resources (TSX-V: RR) main ODM17 gold deposit. Drilling will commence immediately.

  • TVI Pacific Announces Completion of Twelfth Shipment of Copper Concentrates Produced at Canatuan

    - Gross revenue expected from twelfth shipment US$9.0 million

    - Gross revenue year to date US$17.3 million

    - Copper concentrates shipped year to date 10,300 dmt

  • Takara Announces Guyana Gold Acquisition Update and 3:1 Share Consolidation

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Takara Resources Inc. (TSX VENTURE:TKK) ("Takara") is pleased to announce that it has received conditional approval from the TSX Venture Exchange ("TSXV") in respect of Takara's proposed Fundamental Acquisition from Victoria Gold Corp. of all outstanding securities of Stratagold Guyana Inc. ("SGI"). SGI is a private Guyanese company that holds title to the Guyana Gold Projects, namely: (i) the Tassawini Gold Project; and (ii) the BRL Venture (the "Guyana Gold Projects"). See Takara's November 13, 2009 news release for further details.

  • Aldridge Uranium Signs Agreement for Turkish Uranium Program

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Dr. Hikmet Akin, President of the private company Aldridge Uranium Inc. ("AUI" or the "Company"), is pleased to announce that AUI signed an agreement for its 100% owned uranium program in Turkey.

  • Gold-Ore Reports Increased Underground Resources at Bjorkdal Gold Mine

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Gold-Ore Resources Ltd. (the "Company") (TSX VENTURE:GOZ) is pleased to report the results of a recently completed resource estimate for the 100% owned Bjorkdal Gold Mine in Sweden. The Company released a resource estimate in October, 2009, however, the incorporation of underground chip sampling triggered the current update. The new estimate resulted in a significant increase in measured and indicated underground resources that are available for conversion to proven and probable reserves thus extending mine life.

  • Terra Ventures Inc.: Hathor Completes the First Drill Fence at the Roughrider Zone East Discovery

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Terra Ventures Inc. (TSX VENTURE:TAS) is pleased to provide an update on the Roughrider Zone East Discovery in which Terra owns a 10% production carried interest. In a press release dated March 5, 2010, Hathor reported: Hathor Exploration Limited (TSX VENTURE:HAT) is pleased to announce the completion of the first 25 m step-out drill fence at the Roughrider Zone East (RRZE) discovery. The drill fence comprises seven holes, with scintillometer counts provided herein for the final three holes. Geology and scintillometer data have been released previously for the first four holes, as have geochemical assays for the first drill hole for which a complete set of assays has been received.

  • Mindoro Resources Ltd.: Significant Upgrade for Kay Tanda Gold-Silver Resource
    - Measured and indicated resource now 9.879 Mt at 1.06 g/t Au, containing 337,500 ounces gold. - An additional 3.74 Mt at 0.81 g/t Au in the inferred category, containing 97,200 ounces gold
  • Zincore Gains Key Shareholder

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Zincore Metals Inc. (TSX:ZNC) ("Zincore" or the "Company") reports that Hochschild Mining plc ("Hochschild Mining") has sold its 36.9% shareholding (38,100,000 shares) in Zincore to Inversiones Pacasmayo SA ("Inversiones Pacasmayo") by way of a privately negotiated agreement at a price of $0.27 per share, an 11.6% premium to Zincore's 20-day, weighted average closing price.

  • Matamec annonce les résultats préliminaires de la zone centrale du gîte de Kipawa dont les sondages ont intercepté plus de 0,976% TREO sur 17,55 mètres d'épaisseur avec 31% HREO + Y2O3/TREO

    MONTREAL, QUEBEC--(Marketwire - 5 mars 2010) - Matamec Explorations Inc. ("Matamec") (TSX CROISSANCE:MAT) est heureuse d'annoncer que le premier groupe de résultats d'analyses des sondages réalisés en novembre-décembre 2009 dans la zone centrale du gîte de terres rares-yttrium-zirconium de Kipawa de la propriété Zeus, a été reçu. Les meilleurs résultats préliminaires sont ,976% TREO sur 17,55 mètres dans le sondage 09-KM-56 et 1,05% TREO sur 10,31 mètres dans le sondage 09-KM-60. Ces intersections de sondage contiennent de 30 à 36% HREO + Y2O3 des TREO (Total des oxydes de terres rares).

  • Sandspring Resources Ltd. to Raise $10,000,000 Through Bought-Deal Offering

    THUNDER BAY, ONTARIO--(Marketwire - March 5, 2010) -

    NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

  • Matamec Preliminary Drilling Results in the Central Part of the Kipawa Deposit Intersect Up to .976% TREO Over 17.55 Metres With 31% HREO + Y2O3/TREO

    MONTREAL, QUEBEC--(Marketwire - March 5, 2010) - Matamec Explorations Inc. ("Matamec") (TSX VENTURE:MAT) is pleased to announce that the first group of assay results has been received for the November-December 2009 diamond drilling program on the Central part of the Kipawa REE-Y-Zr deposit located within the Zeus property. The best preliminary results are .976% TREO over 17.55 metres in hole 09-KM-56 and 1.05% TREO over 10.31 metres in hole 09-KM-60. These drill intersections average 30-36% HREO + Y2O3 of the TREO (Total rare earth oxides).

  • Big Red Diamond Announces the Sale of its Strategis Property to Virginia Energy Resources

    MONTREAL, QUEBEC--(Marketwire - March 5, 2010) - Big Red Diamond Corporation ("Big Red") (TSX VENTURE:DIA) is pleased to announce the sale of its Strategis Property to Virginia Energy Resources Inc. ("Virginia") (TSX VENTURE:VAE).

    Under the terms of a final assignment agreement signed February 24, 2010, Virginia has now acquired a 100% interest in the Strategis property comprising 5100 hectares of map designated claims in 97 cells, located in the Otish Mountains, Quebec. The property is subject to a 2% Net Smelter Return royalty interest in favour of Big Red and certain underlying vendors, of which 1.5% can be bought back at any time by payment of $1.5 million. Virginia previously paid $50,000 cash as part of a September 2009 option agreement, and has now issued 635,000 common shares to complete the acquisition.

  • Vena Announces Significant Progress on Uranium Drill Program in Peru

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Vena Resources Inc. (TSX:VEM)(LIMA:VEM)(FRANKFURT:V1R)(OTCBB:VNARF) Minergia S.A.C. (a jointly held company whereby Cameco Corporation is earning a 50% interest in the Company's uranium properties) is pleased to provide an update on exploration of the Macusani uranium project located in south-eastern Puno department in Peru.

  • Golden Chalice Resources Inc. Provides Project Updates

    - DRILLING COMMENCES AT LANGMUIR TO TEST NICKEL POTENTIAL OUTSIDE THE ORIGNIAL W4 DISCOVERY AREA, 1.5 KM AWAY IN THE W2 AREA WHERE 2009 DRILLING INTERSECTED 1.72% NICKEL OVER 3.0 METERS

    - W4 DEPOSIT NI 43-101 RESOURCE ESTIMATE CURRENTLY UNDERWAY

    - RADIO HILL IRON-ORE NI43-101 PROPERTY OF MERIT REPORT UNDERWAY, PROPERTY CONTAINS A HISTORICAL NON-COMPLIANT 43-101 RESOURCE ESTIMATE OF 326 MILLION TONS GRADING 25.58% SOLUBLE IRON CALCULATED BY DRILLING AND BULK TONNAGE SAMPLING, HISTORIC METALLURGICAL TESTS INDICATE THE POTENTIAL TO PRODUCE 63 TO 65% IRON CONCENTRATE.

    - DRILLING RECENTLY COMPLETED ON SOUTH PORCUPINE PROPERTY AND ASSAYS PENDING

  • Malbex Reports Promising Mapping and Sampling Results From Second Large Epithermal System on Del Carmen Project

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Malbex Resources Inc. (TSX VENTURE:MBG) today announced initial sampling results from Del Carmen Sur, a second large high-sulphidation epithermal alteration system located approximately 5 kilometres (km) south of the Del Carmen Norte alteration zone, which is currently being drilled by Malbex. The best chip sample from Del Carmen Sur returned 4.24 grams per tonne (g/t) gold (Au), 43.5 g/t silver (Ag) and 4.57% copper (Cu) over 2 metres (m). Both epithermal systems are located on the Company's Del Carmen concessions in San Juan province, Argentina.

  • Diamonds North Presenting at the 2010 PDAC on Innovative Exploration Approach

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2010) - Diamonds North Resources Ltd. (TSX VENTURE:DDN) announces that Mr. Mark Kolebaba, President & CEO of Diamonds North Resources Ltd., will be giving a corporate presentation at the Prospectors and Developers Association of Canada International Convention on Tuesday March 9th, 2010. The presentation will focus on Diamonds North's highly innovative exploration approach that enables the Company to explore faster & cost-effectively in challenging economic times.

  • Dana Announces Letter of Intent to Acquire Silver Producer

    LAS VEGAS, NV--(Marketwire - March 5, 2010) -  Dana Resources (OTCBB: DANR) (FRANKFURT: OD0), a US-based precious metals exploration and development company, is pleased to announce the signing of a Letter of Intent ("LOI") to acquire the Chota Silver Mine.

  • Alturas Announces Closing of First Tranche of Financing

    TORONTO, ONTARIO--(Marketwire - March 5, 2010) - Alturas Minerals Corp. (the "Company") (TSX VENTURE:ALT)(BVLAC:ALT) today announced that it has accepted subscription forms from the first tranche of a non-brokered financing of C$538,857.43 working capital units. Funds raised will be used to advance exploration of the Company´s Chile and Peru mineral projects and for general working capital.

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