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Todays is : Saturday, 04 September 2010

TSX and TSX Venture Mining and Metals News

  • Extorre Grants Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Extorre Gold Mines Limited (TSX:XG) (OTCQX:EXGMF) ("Extorre" or the "Company") reports that it has granted an aggregate of 655,000 stock options to 6 directors exercisable at a price of $4.60 for five years.

  • Atlantic Industrial Minerals Incorporated Announces Change in Board of Directors and Filing of Annual and Interim Financial Statements

    HALIFAX, NOVA SCOTIA--(Marketwire - Sept. 3, 2010) - Atlantic Industrial Minerals Incorporated (TSX VENTURE:ANL) ("AIM" or the "Company") announces the resignation of Mr. Paul Coughlan from the board of directors of the Company. Management is nominating the remaining directors, being Colin J. MacDonald, Barry M. Martin and David Beazley for the election to the board of directors at the upcoming annual and special meeting of shareholders of the Company.

  • Colombian Mines Grants Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Colombian Mines Corporation (TSX VENTURE:CMJ) -

  • Shareholders of Northern Approve Business Combination

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Prophecy Resource Corp. ("Prophecy") (TSX VENTURE:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) and Northern Platinum Ltd. ("Northern") (TSX VENTURE:NTH) (together, the "Companies") announce that the shareholders of Northern have approved the acquisition of Northern by Prophecy by way of a Plan of Arrangement. The votes were tabulated during an annual and special shareholder meeting held earlier today. 99.9% of votes supported the transaction.

  • Continental Precious Minerals Adopts Shareholder Rights Plan

    TORONTO, ONTARIO--(Marketwire - Sept. 3, 2010) - Continental Precious Minerals Inc. (the "Company" or "Continental") (TSX:CZQ) today announced that its board of directors has approved the adoption of a shareholder rights plan (the "Rights Plan") designed to encourage the fair and equal treatment of shareholders in connection with any takeover bid for the outstanding securities of the Company.

  • Goldrea Terminates Private Placement with China Finance/Negotiating Gold Loan

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Mr. Larry W. Reaugh, President & Chief Executive Officer of Goldrea Resources Corp. (TSX VENTURE:GOR)(PINK SHEETS:GORAF)(FRANKFURT:GOJ) ("Goldrea" or the "Company") reports the Company has terminated the previously announced private placement with China Finance Gold International Limited "CFGIL" in the amount of $5,600,000 for 40,000,000 units at $0.14. The termination is the result of CFGIL's failure to advance the balance of the placement.

  • Cadan Completes First Tranche of Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - CADAN RESOURCES CORPORATION (TSX VENTURE:CXD)(FRANKFURT:A0MZ25) ("Cadan" or the "Company") is pleased to announce that it has competed the first tranche of a private placement financing of up to 3,000,000 units at a price of $0.65 for gross proceeds of $1,950,000. Each unit consists of one share and one share purchase warrant, with each warrant exercisable to acquire an additional share for a period of 5 years from the closing date at a price of $1.00 for the first 2 years from the closing date and at a price of $1.25 for the 3 years thereafter. The Company has sold 1,953,846 units for total proceeds of $1,270,000 pursuant to the first tranche.

  • Maya Gold & Silver Completes Private Placement

    MONTREAL, QUEBEC--(Marketwire - Sept. 3, 2010) - Maya Gold & Silver Inc. ("Maya" or the "Company") (TSX VENTURE:MYA) announced today that it has closed the non-brokered private placement (the "Private Placement") previously announced on August 18, 2010. The Company has raised $500,000 through the issuance of 2,000,000 units at a price of $0.25 per unit. Each Unit consists of one common share of the Company (a "Common Share") and one common share purchase warrant (a "Warrant"). Each warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.35 per Common Share during 18 months following the closing. The warrants are subject to an acceleration clause such that, in the event that the closing price of the common shares for any 20 consecutive day trading period is equal to or greater than $0.60, the Company shall have the right to force conversion of the Warran

  • Riverstone Announces Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Riverstone Resources Inc. ("Riverstone" or the "Company") (TSX VENTURE:RVS)(FRANKFURT:3RV) announces that a total of 935,000 incentive stock options have been granted under the Company's Stock Option Plan to directors, officers, employees and consultants of the Company as defined by TSX Venture Exchange Policy 4.4. The options are exercisable for a five-year period at a price of $0.69 per share and are subject to vesting provisions over an eighteen-month period, in accordance with the terms of the Plan.

  • Cabo Drilling Corp. Awarded Drill Contract by Ber Alb Sh A

    NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Cabo Drilling Corp. (TSX VENTURE:CBE) ("Cabo" or the "Company") announces that Ber Alb SH A, which is part of the Ekin Maden Group located in Istanbul, Turkey, has awarded Cabo Drilling Corp. - Albania Branch, located in Tirana, Albania, a drilling contract for a minimum of 4,000 meters.

    The underground project is split between the Lac Rosh Mine and the Munella Mine, which are located in the northeastern Albania mountain region, within the administrative borders of Fush Arrez County in Puke Province. Drilling will consist of 4,000 + meters of NQ/BQ drilling and will be divided between the two mines. Anticipated drilling depth of holes will range from 100 meters to a maximum length of 300 meters.

  • Bravo to Raise $3.2 Million in Oversubscribed Flow-Through Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) -

  • Almaden Minerals Ltd.: Ixtaca Drilling to Recommence

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX:AMM)(NYSE Amex:AAU) is pleased to report that a phase II diamond drilling program is set to recommence at the newly discovered Ixtaca zone on its 100% owned Tuligtic Project located in Puebla State, Mexico. Almaden geology staff and drilling personnel are on site and drilling is expected to commence in the coming days. Almaden plans several holes to confirm the orientation of the vein system before systematic step-out drilling, to explore the strike and depth extent of the vein system, commences. Over the past few weeks Almaden has acquired all the surface access rights and permissions necessary to carry out the current drill program. In addition Almaden has reviewed its exploration database for the Tuligtic project and, in areas of previous work to the north and east of the Ixtaca zone, identified several other targ

  • Goldbrook Ventures Inc. Retains Renmark Financial Communications Inc.

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) -

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

  • Eurasian Minerals Announces Appointment of Mr. Paul H. Zink as President of Eurasian Capital, Grant of Bonus Shares and Grant of Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Eurasian Minerals Inc. (TSX VENTURE:EMX) (the "Company" or "EMX") is pleased announce the appointment of Mr. Paul H. Zink as President of Eurasian Capital, the recently formed royalty and merchant banking division of EMX. Mr. Zink will focus on building a portfolio of revenue-generating royalties to complement EMX's prospect generation business model. Eurasian Capital will be uniquely leveraged by EMX's exploration expertise and global on-the-ground business connections to identify early-stage royalty opportunities. Mr. Zink most recently served as President of International Royalty Corporation ("IRC"), and comes to EMX after the successful sale of IRC to Royal Gold, Inc. in February 2010.

  • Atacama Q2 2010 Highlights

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Atacama Minerals Corp. ("Atacama" or "the Company") (TSX VENTURE:AAM) is pleased to report its financial and operating results for the second quarter period ended June 30, 2010.

  • Rockhaven Resources Ltd.: Corporate Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - In response to recent market activity, Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") provides the following update related to its ongoing exploration program at its Klaza project, located in the southwestern Yukon.

  • Crowflight Provides Update on Jinchuan Offer

    TORONTO, ONTARIO--(Marketwire - Sept. 3, 2010) - CROWFLIGHT MINERALS INC. ("Crowflight" or the "Company") (TSX:CML) today provides an update regarding the offer letter from Jinchuan Group Ltd. ("Jinchuan") to acquire all of the common shares of Crowflight in consideration for an aggregate cash payment of $150,000,000 (the "Offer"). For details regarding the Jinchuan offer letter, please see the Company's press release of April 6, 2010.

  • Typhon annonce une hausse de son placement privé à 4 $ millions

    LAVAL, CANADA--(Marketwire - 3 sept. 2010) - NON DISPONIBLE POUR UNE DISTRIBUTION VIA «UNITED STATES NEWSWIRE SERVICES» OU POUR TOUTE AUTRE DIFFUSION AUX ÉTATS-UNIS.

    Exploration Typhon Inc (TSX CROISSANCE:TYP)  annonce qu'elle augmente la participation du placement privé annoncé initialement le 2 septembre 2010, à 4$ million cdn. Les termes et conditions du placement demeurent inchangés. Étant donné l'augmentation de l'offre, les parties ont convenu que l'option accordé à l'Agent pour un montant supplémentaire de 1 $ million cdn, a été annulée.

  • Typhoon Exploration Inc. Announces an Increase in the Private Placement to $4 million

    LAVAL, CANADA--(Marketwire - Sept. 3, 2010) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

  • Gold Canyon Proposes Private Placement for Up to $4,000,000

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) ("Gold Canyon" or "the Company") is pleased to announce that it is undertaking a private placement of common share units (the "Units") at a price per Unit of $0.45 for gross proceeds to the Company of up to $4,000,000. Each Unit is comprised of one common share in the capital of the Company and one-half of one non-transferable share purchase warrant of the Company, exercisable at any time up to 4:30 p.m. (Vancouver time) on the date which is twenty-four months from the date of issue of the Units for one common share at a price of $0.65 per share. Completion is subject to the receipt of subscription proceeds and TSX Venture Exchange acceptance.

  • Calypso Earns 50% Interest and Enters Into Joint Venture on Wyoming Potential in Situ Recovery Uranium Exploration Property

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) -

  • Randgold Resources Limited -- Notification of Major Interest in Shares

    JERSEY, CHANNEL ISLANDS--(Marketwire - September 3, 2010) -

  • RANDGOLD RESOURCES LIMITED -- Notification of major interest in shares

    JERSEY, CHANNEL ISLANDS--(Marketwire - September 3, 2010) -

  • Kinross and Red Back Confident of Value-Creation Potential of Friendly Combination

    Companies Endorse Glass Lewis Report; Reject ISS Value Recommendation

  • Arco Announces Preliminary Drill Results at Predilecta

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Arco Resources Corp. (TSX VENTURE:ARR) ("Arco" or the "Company") is pleased to announce the results from the drilling program on its 100% owned Predilecta property. The Predilecta property covers 3,181 hectares and is located approximately 68 kilometers from Oaxaca City, Mexico.

  • Cluff Gold Directorate Change

    LONDON, UNITED KINGDOM--(Marketwire - Sept. 3, 2010) - Cluff Gold plc ("Cluff Gold" or the "Company")(TSX:CFG)(AIM:CLF), the dual AIM/TSX-listed West African-focused gold mining company, announces that Douglas Chikohora, the Company's Technical Director, has been appointed a Non-Executive Director and Consultant, effective from 1 September 2010.

  • Typhon annonce un placement privé de 2 $ million

    LAVAL, CANADA--(Marketwire - 3 sept. 2010) - Exploration Typhon Inc (TSX CROISSANCE:TYP)

    NON DISPONIBLE POUR UNE DISTRIBUTION VIA «UNITED STATES NEWSWIRE SERVICES» OU POUR TOUTE AUTRE DIFFUSION AUX ÉTATS-UNIS.

  • Magma Metals Limited: Thunder Bay North-Exploration Update

    Drilling Results and Geophysical Surveys Define Two High-Potential Exploration Targets

  • STWA's AOT(TM) Prototype to Be Tested by U.S. Dept. of Energy (DOE) at Rocky Mountain Oilfield Testing Center Site for Strategic Advantage Feasibility

    Pipeline Technology Addresses Growing Market for Efficient and Cost-Effective Crude Oil Transport and Delivery

  • Allied Gold Limited: ASX Price Query

    TORONTO, ONTARIO--(Marketwire - Sept. 3, 2010) - Allied Gold Limited (TSX:ALG)(ASX:ALD)(AIM:AGLD) -

  • MAG Silver Appoints Michael Petrina, P.ENG as Vice President Operations

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - MAG Silver Corp. (TSX:MAG)(NYSE Amex:MVG) ("MAG" or "the Company") is pleased to announce the appointment of Michael Petrina, P.ENG, MBA, as Vice President Operations of the Company.

  • Salazar Engages First Canadian Capital for Investor Relations

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) Mr. Fredy Salazar, President and CEO, is pleased to announce that the Company has retained First Canadian Capital Corp. ("First Canadian" or "the consultant") to provide strategic marketing and investor relations services. Under the terms of the agreement, Salazar will pay First Canadian C$6,000 per month for a twelve month initial term and grant 125,000 stock options at an exercise price of C$1.20. First Canadian will assist the Company in opening productive dialogue with private investors, analysts, brokers, money managers and other financial professionals. The Consultant will focus on generating market awareness among the investment community as Salazar explores and advances its Ecuadorian portfolio of projects.

  • New Millennium Capital Corp. Signs Agreement With Quebec Innu to Eliminate Blockade and Restart IBA Negotiations

    CALGARY, ALBERTA--(Marketwire - Sept. 3, 2010) -

  • Research on Silver Wheaton and Hecla Mining - Hi-Ho Silver!

    JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 3, 2010) -  www.stockcall.com/ offers investors comprehensive research on the silver industry and has completed analytical research on Silver Wheaton Corp. (NYSE: SLW) and Hecla Mining Co. (NYSE: HL). Register with us today at www.stockcall.com/ to have free access to these researches. 

  • Ruby Creek Resources -- A Year in Review

    NEW YORK, NY and DAR ES SALAAM, TANZANIA--(Marketwire - September 3, 2010) - Ruby Creek Resources, Inc. (OTCBB: RBYC), an exploration and mining company with operations in Tanzania, reviews its progress of the past year. Mr. Robert Slavik, CEO and President of Ruby Creek Resources, highlights and summarizes the accomplishments of the Company.

  • Sutter Gold Mining Closes US $3.65 Million Loan Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2010) - Sutter Gold Mining Inc. ("Sutter" or "SGM" or the "Company") (TSX VENTURE:SGM) is pleased to announce it has closed on an increase to the Company's existing secured loan facility ("the Facility") in the amount of US $3.65 million with RMB Australia Holdings Limited (see press release dated August 31, 2010). The amount available under the amended Facility now totals US $7.90 million, of which US $3.56 million has been drawn through June 30, 2010. The Facility will now mature on June 30, 2011.

  • Arian Silver Issue of Shares

    LONDON, ENGLAND--(Marketwire - Sept. 3, 2010) - Arian Silver Corporation (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A) -

  • Champion Obtains Conditional Listing on the Toronto Stock Exchange

    TORONTO, ONTARIO--(Marketwire - Sept. 3, 2010) - CHAMPION MINERALS INC. ("Champion" or the "Company") (TSX VENTURE:CHM)(FRANKFURT:P02) is pleased to announce that it has obtained conditional approval to list its common shares on the Toronto Stock Exchange ("TSX"). Champion shares will trade under the TSX trading symbol "CHM". The listing is subject to the Company fulfilling certain requirements of the TSX in accordance with the terms of its conditional approval letter dated September 2, 2010. The Company is actively proceeding to satisfy these requirements and upon obtaining final approval, the Company will issue a further press release indicating when its common shares will commence trading on the TSX. Champion will remain listed on the Frankfurt Stock Exchange.

  • NanoMarkets Announces Upcoming Report Addressing Market for Use of Silver in Photovoltaics Markets

    GLEN ALLEN, VA--(Marketwire - September 3, 2010) -  Industry analyst firm NanoMarkets today announced the addition of the report, "Silver in Photovoltaics, 2010" to its schedule. The report will be available the week of September 13th. Details about the report including a table of contents and an excerpt are available at www.nanomarkets.net. The report continues the firm's industry leading coverage of the market opportunities arising from advanced materials and emerging energy and electronics markets.

  • LIM Reaches Agreement With Quebec Innu to Remove Barriers

    Mine and Plant Construction to Commence Immediately

  • Medusa Mining Limited: Notice of General Meeting

    COMO, WESTERN AUSTRALIA--(Marketwire - Sept. 3, 2010) - Medusa Mining Limited (TSX:MLL)(ASX:MML)(AIM:MML) -

  • Gold River Productions, Inc. (GRPS) Announces the Filing of Updated Financial Data

    SALT LAKE CITY, UT--(Marketwire - September 3, 2010) -  Gold River Productions, Inc. (PINKSHEETS: GRPS) announces that it has filed all of the required documents with OTC Pink Sheets to become a fully reporting company on the exchange.

  • Sama Resources Inc. Announces Additional CAN$1,000,000 Under Offering

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) -

  • Eldorado Gold Announces Conference Call to Discuss Proposal to Andean Resources

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Eldorado Gold Corporation (TSX:ELD)(NYSE:EGO)(ASX:EAU) will host a conference call on Friday, September 3, 2009 at 11:30 a.m. EDT (8:30 a.m. PDT) to discuss the Company's proposal to Andean Resources. You may participate in the conference call by dialing 416-695-6622 in Toronto or 1-800-355-4959 toll free in North America or 0011-800-6578-9898 in Australia and asking for the Eldorado Conference Call with Chairperson: Paul Wright, President and CEO of Eldorado Gold.

  • Eldorado Confirms Proposal to Andean Resources

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Eldorado Gold Corporation (TSX:ELD)(NYSE:EGO)(ASX:EAU) ("Eldorado" the "Company" or "we") today confirmed it has approached the Board of Directors of Andean Resources Limited ("Andean") with a proposal to combine the two companies, thus creating the world's fastest growing and lowest cost gold producer.

  • CORRECTION FROM SOURCE: PBX Announces Grant of Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - International PBX Ventures Ltd. (TSX VENTURE:PBX) (the "Company" or "PBX") announces that there was an error in the pricing of the stock options announced in its news release earlier today.

  • Rusoro Grants and Re-Prices Incentive Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Rusoro Mining Ltd. (the "Company") (TSX VENTURE:RML) has granted incentive options under its Stock Option Plan to certain directors, officers and employees for the purchase of a total of 5,366,000 shares in the capital of the Company. The options are exercisable on or before September 1, 2020 at a price of $0.20 per share, being the closing price of the Company's shares on the TSX Venture Exchange as at today's date. Further, the Company announces that it has re-priced a total of 4,843,824 outstanding options held by various employees of the Company to a price of $0.20 per share.

  • Q2 Gold Intends to Cease Reporting and to Wind Up its Affairs

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Q2 Gold Resources Inc. ("Q2 Gold" or the "Company"), which has filed its unaudited interim financial statements for the three-month period ended June 30, 2010 on SEDAR (www.sedar.com), announces its intention to cease reporting and to wind up its affairs.

  • AM Gold Inc. Announces Increase in Size of 5,000,000 Unit Non-Brokered Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - AM Gold Inc. (TSX VENTURE:AMG)(FRANKFURT:AMX) ("AM Gold" or the "Company") wishes to announce that its non-brokered private placement originally announced August 5, 2010 has been oversubscribed and that the Company has agreed to increase the size of the placement to 6,300,000 Units or $1,890,000. The terms of the placement remain the same.

  • Match Capital Announces Completion of a $500,000 Financing

    TORONTO, ONTARIO--(Marketwire - Sept. 2, 2010) - Match Capital Resources Corporation (TSX VENTURE:MHC.H) ("Match"), today announced that it has completed its previously announced non-brokered private placement (the "Private Placement") to raise gross proceeds of $500,000.00 through the sale of 5,000,000 units ("Units") at a price of $0.10 per Unit. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant (each whole warrant a "Warrant"). Each whole Warrant will be exercisable to acquire one additional common share of the Company at any time for a one year period following issuance, at an exercise price of $0.25 per share. All securities issued under the Private Placement are subject to a four month hold period.

  • MagIndustries Update on Potash Investment Agreement with Republic of Congo

    TORONTO, ONTARIO--(Marketwire - Sept. 2, 2010) - On December 29, 2008, MagIndustries Corp. ("MagIndustries" or the "Company")(TSX:MAA) reported that it and its subsidiary, MagMinerals Potasses Congo S.A. ("MPC"), signed a comprehensive agreement with the government of Republic of Congo ("ROC"), referred to as the Potash Investment Agreement ("PIA") (also referred to within the ROC as the Convention d'Exploitation Miniere). The PIA addresses all aspects of the Company's planned Mengo Potash Project (the "Project") near the ROC port city of Pointe-Noire, including key fiscal and development terms. MagIndustries is pleased to report that it has now received verbal communication from ROC government officials that the PIA was passed into law by the National Assembly and the Senate of the ROC on August 30, 2010. The Company expects to receive written confirmation imminently of t

  • Typhoon Exploration Inc. Announces $2 Million Private Placement

    LAVAL, CANADA--(Marketwire - Sept. 2, 2010) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

    Typhoon Exploration Inc. (TSX VENTURE:TYP) (the "Company") is pleased to announce that it has entered into an agreement with BayFront Capital Partners Ltd. (the "Agent") to act as agent for and on behalf of the Company, on a "best efforts" agency basis, without underwriter liability, in connection with a private placement of units (the "Units") at a price of $0.82 per Unit (the "Issue Price") for aggregate gross proceeds of up to $2 million CDN. Each Unit will consist of one common share and one common share purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase one additional common share for eighteen (18) months

  • Donner Metals Receives a Positive Feasibility Study for the Bracemac-McLeod Deposit in the Matagami Base Metal Camp in Central Quebec

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (TSX VENTURE:DON)(FRANKFURT:D4M) reports that the Company has received a positive feasibility study on the Bracemac-McLeod deposit from Xstrata Canada Corporation - Xstrata Zinc Canada Division ('Xstrata Zinc'). The study by Genivar Limited Partnership ('Genivar') was commissioned by Xstrata Zinc and prepared on the basis of a 65% Xstrata, 35% Donner joint venture. The scope of the feasibility study is focused on a threshold analysis of previously defined indicated resources and it does not assess the extension of this mineralization, potential of near-by inferred resources or resources defined in the new McLeod Deep discovery. Construction of the mine is underway and Donner has initiated its efforts to finance. 

  • Firestone Ventures Shareholder Rights Plan

    EDMONTON, ALBERTA--(Marketwire - Sept. 2, 2010) - Firestone Ventures Inc. (TSX VENTURE:FV)(FRANKFURT:F5V) ("Firestone" or the "Company") announces that its Board of Directors has adopted a Shareholder Rights Plan (the "Plan"). 

  • Focus Metals: Exploration Activities on the Quebec Kwyjibo Property and Welcomes a New Board Member and Chairman

    OTTAWA, ONTARIO--(Marketwire - Sept. 2, 2010) - Focus Metals Inc. (TSX VENTURE:FMS) ("Focus" or the "Corporation") is pleased to announce that Mr. Gary Economo has been appointed as a Director of Focus. He will be replacing Mr. André Audet who has resigned. Mr. Jeffrey York is also being appointed to Chairman of the Board.

  • PBX Announces Grant of Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - International PBX Ventures Ltd. (the "Company" or "PBX") (TSX VENTURE:PBX) today announces that pursuant to its Stock Option Plan, approved by the Toronto Stock Exchange, the Company will be granting 1,200,000 stock options to directors and officers for a 3 year term, at an exercise price of $0.23 per common share.

  • Stina Reports on Trench Results, Outlines Diamond Drill Targets for Dime

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Stina Resources (the "Company") (TSX VENTURE:SQA) reports that all sample analytical data from grid soil and trench samples (2600 soils, 247 bulk rock samples) on the Dime Property, located in the Yukon, confirm that soil anomalies are underlain by bedrock rubble-crop that reproduces the anomalies at better grades. Three gold soil anomalies (Western, Central and Eastern) are apparent. The Western and Eastern anomalies were trenched and rock sample results confirm the soil results. The Central anomaly has yet to be followed up on.

  • Skyline Announces Grant of Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Skyline Gold Corporation (the "Company") (TSX VENTURE:SK) announced that with the addition of two members to its Board of Directors that it has granted an aggregate of 752,000 incentive stock options to the two new directors of the Company to purchase up to 752,000 common shares in the capital stock of the Company pursuant to a shareholder approved Share Option Plan.

  • Coastal Pacific Mining Corp. Announces Appointments to the Board of Directors

    CALGARY, AB--(Marketwire - September 2, 2010) -  Coastal Pacific Mining Corp. (OTCBB: CPMCF) (the "Company") announces that on August 26, 2010, Mr. Berscht notified the Company of his retirement and has resigned as a director and officer of the Company. Mr. Joseph Bucci, a current director of the Company has been appointed President and Secretary-Treasurer of the Company and will fill the role of Chief Executive Officer and Chief Financial Officer for the interim while the Company progresses in its projects.

  • Converge Global Finalizes Reverse Stock Split

    TORONTO, CANADA--(Marketwire - Sept. 2, 2010) - Converge Global, Inc. (the "Company") (PINK SHEETS:CVRG) announced today that the 1 for 100 reverse stock split of the Company's issued and outstanding common stock (rounding up any fractional numbers) will be effective upon the opening of business on Friday September 3, 2010.

  • EGPI Firecreek, Inc. and Terra Telecom, LLC Announce Positive Response and Plans for Expansion in the Utilities and D.O.T. Industry

    Expansion to Provide Solid Growth for Terra Telecom

  • Del Toro Silver Announces New Board Member

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Del Toro Silver Corp. (OTCBB:DTOR) ("Del Toro" or the "Company") is pleased to announce that Mr. Rick Tschauder, P. Geo, has become a director of the Company.

  • Serengeti Resources Approved for Tier 1 Listing, Appoints Principal Consulting Geologist

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Serengeti Resources Inc. (TSX VENTURE:SIR)(FRANKFURT:34S) is proud to welcome Michael Thicke, M.Sc., P. Geo. to the Serengeti team as Principal Consulting Geologist. The company also announces that it has met the requirements for a Tier 1 company and effective August 30, 2010 is listed for trading as such on the TSX-Venture Exchange.

  • Lakeside Steel Announces That it Has Filed a Preliminary Short Form Prospectus

    WELLAND, ONTARIO--(Marketwire - Sept. 2, 2010) -

  • Colossus Minerals Inc. Announces COOMIGASP Shareholder Approval of Transfer of Mineral Rights to the Joint Venture Company and Start of Underground Development

    TORONTO, ONTARIO--(Marketwire - Sept. 2, 2010) - Colossus Minerals Inc. (TSX:CSI) ("Colossus" or "the Company") is pleased to announce that the shareholders of its joint venture partner, COOMIGASP (Cooperativa de Mineração dos Garimpeiros de Serra Pelada), approved, by acclamation, the transfer of the mineral rights related to Mining License DNPM Nr. 850.425/1990 from COOMIGASP to Serra Pelada Companhia de Desenvolvimento Mineral ("SPC"). Colossus holds a 75% interest in SPC through its Brazilian subsidiary Colossus Geologia e Participações Ltda ("Colossus Brazil").

  • VMS Updates Reed Lake Drilling and Its Plans for Sails Lake, Morton Lake and the Copper Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS") is pleased to update its shareholders on various activities related to its extensive property package in Manitoba, Canada.

  • Nevada Sunrise Signs Agreement on Pinnacle Gold Property

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Nevada Sunrise Gold Corp. (TSX VENTURE:NEV) ("Nevada Sunrise", or the "Company") has entered into a Letter Agreement with Nevada Sunrise LLC (the "Vendor"), a private company controlled by two directors of the Company, to acquire the rights to a mining lease on the Pinnacle Property, located in northern Nye County approximately 125 miles east of Reno, Nevada. The Pinnacle Property is highly prospective for gold mineralization and is situated within a mining district known for its historical gold production.

  • NKK Switches Doubles OLED Display Life for SmartSwitch Pushbuttons

    Power Consumption Also Reduced by 30 Percent

  • Ecometals Limited Announces Private Placement Financing

    TORONTO, ONTARIO--(Marketwire - Sept. 2, 2010) -

  • Matamec identifie 2 grandes anomalies de sol en terres rares et en niobium dans le secteur de l'indice Surprise

    MONTRÉAL, QUÉBEC--(Marketwire - 2 sept. 2010) - Matamec Explorations Inc. (« Matamec » ou la « Société ») (TSX CROISSANCE:MAT) est heureuse d'annoncer qu'elle a identifiée 2 grandes anomalies de terres rares et de niobium lors de son levé de sol effectué au printemps-été 2010 dans le secteur de l'indice Surprise. L'indice Surprise est localisé dans la partie Est de la propriété de terres rares-yttrium-zirconium de Zeus (voir figure 1 : http://media3.marketwire.com/docs/MAT_FIG1_FR_0902.pdf).

  • Mesa Uranium Signs Definitive Agreement on the Holbrook Potash Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Mesa Uranium Corp. (TSX VENTURE:MSA)(PINK SHEETS:MSAJF) is pleased to announce that it has signed a Mineral Property Option Agreement with Passport Potash on the Holbrook Potash project. The project consists of Arizona State Land Department exploration leases covering 1,950 acres and is 100% wholly-owned by Mesa.

  • Matamec Identifies 2 Large Rare-Earths and Niobium Soil Anomalies in the Surprise Showing Area

    MONTREAL, QUEBEC--(Marketwire - Sept. 2, 2010) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT) is pleased to announce that it has identified 2 large rare-earth and niobium anomalies during its soil sampling campaign in the Surprise showing area. The Surprise showing is located in the eastern portion of its rare-earths-yttrium-zirconium Zeus property (see Figure 1: http://media3.marketwire.com/docs/MAT_FIG1_ENG_0902.pdf).

  • Alexis clôture son financement

    TORONTO, ONTARIO--(Marketwire - 2 sept. 2010) -

  • Alexis Closes Financing

    TORONTO, ONTARIO--(Marketwire - Sept. 2, 2010) -

  • Rare Earth Metals Options Strategic Claims in the Red Wine Complex

    THUNDER BAY, ONTARIO--(Marketwire - Sept. 2, 2010) - Rare Earth Metals Inc. ("RA" or the "Company") (TSX VENTURE:RA) is pleased to announce that it has added to its land holdings in the Red Wine/Letitia Lake area of west central Labrador through the completion of an option agreement (the "Option Agreement") with Zimtu Capital Corp., Gary Lewis, Aubrey Budgell and Neh Pinseni ( the "Optionors") covering additional mining claims totaling 508 claim units (the "Zimtu Property"). The new claims are situated at six separate areas along the strike length of the belt and add potential strike extensions to the highly prospective mineralized zones already delineated at the historic Two Tom, Mann #1, Mann #2, and Michelin showings, as well as the newly discovered mineralization on the Playfair, South Block (see previous press releases dated August 4, 2010 and August 31, 2010). All airborne radiometric and magnetic data is being compiled on t

  • NYMET Holdings Inc. (NYMH) -- NYMET Completes Mine Production Expansion to 100,000 Metric Tons as Part of $120 Million Purchase Contract

    NEW YORK, NY--(Marketwire - September 2, 2010) -  NYMET Holdings Inc. (PINKSHEETS: NYMH), an international metal recycling and trading company, with offices located in New York, Chicago, India, and soon to open offices in Chile, South America is pleased to announce the completion of the expansion project for the iron ore facility located in Chile, South America. Previously announced, the facility had a production rate of 50,000 metric tons per month. With the new, state of the art production plant NYMET has now increased production to over 100,000 metric tons per month.

  • Tethys Petroleum Limited: Kazakhstan Drilling Update

    BOZOI, KAZAKHSTAN--(Marketwire - Sept. 2, 2010) - Tethys Petroleum Limited ("Tethys" or the "Company") (TSX:TPL) today gave a brief update on its operations in Kazakhstan focused on its oil exploration and appraisal program.

  • Bullion Monarch Mining Announces Drill Results From Bom Jesus Property in Brazil

    ST. GEORGE, UT--(Marketwire - September 2, 2010) - Bullion Monarch Mining Inc. (OTCBB: BULM) has now completed an exploratory drilling program on the Bom Jesus property in the traditionally mineral rich Para state of Brazil. The Dourave/Bullion Joint Venture LP completed 8 drill holes with a total of 2207.05 meters of diamond drilling on its Bom Jesus Project in northern Brazil and has now received all outstanding geochemical results.

  • AmeraMex International Adds Commodity Division

    Network of Contacts in Africa and U.S. Presents Lucrative Opportunities for AmeraMex

  • Northern Gold Intersects 26.75 Meters at 1.5 g/t Au, 43 Meters at 1.0 g/t Au and 7 Meters at 2.7 g/t Au on Current In-Fill Drill Program

    TORONTO, ONTARIO--(Marketwire - Sept. 2, 2010) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announced today additional results from the ongoing in-fill drill program on the Garrcon Project, one of the mineralized zones known to occur within the Garrison Gold Property. Results highlights presented below are from holes GAR-10-14 and GAR-10-15 which are part of the 10,000 meter 2010 diamond drilling program.

  • International Samuel Exploration Corp.: Black Water West- Targets Identified

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - International Samuel Exploration Corp. (TSX VENTURE:ISS) ("Company") is pleased to announce it has completed a 440 line kilometre helicopter-borne DIGHEM electromagnetic (EM) geophysical survey, on its recently acquired Blackwater West property.

    The Company engaged the services of Intrepid Geophysics to undertake a detailed analysis of the airborne data. Their analysis has identified several promising areas.

  • Lundin Announces Amendment to Credit Agreement to Increase Facility to US$300 Million and Extend Term to 2013

    TORONTO, ONTARIO--(Marketwire - Sept. 2, 2010) - Lundin Mining Corporation ("Lundin Mining") (TSX:LUN)(OMX:LUMI) today announced that it has executed an amended and restated credit agreement (the "Amended Credit Agreement") that increases the amount of its revolving credit facility (the "Facility") to US$300 million from $225 million, reduces its costs of borrowing and extends the term of the Facility to September 2013 from May 2012.

  • First Nickel Completes US$5 Million Bridge Loan Facility

    TORONTO, ONTARIO--(Marketwire - Sept. 2, 2010) - Further to First Nickel Inc.'s ("First Nickel" or the "Company") (TSX:FNI) news release of August 30, 2010, the Company is pleased to announce that it has completed its financing with Resource Capital Fund IV L.P. ("RCF IV") for a US$5 million bridge loan facility maturing on December 31, 2013 (the "Facility"). The full amount has been drawn down and will be used to commence capital development activities at the Lockerby Mine, including detailed engineering and commencement of activities to address a number of bottleneck items to ensure a smooth start-up of the main development program once full financing is arranged.

  • URSA Major Minerals Announces New Management Appointments

    TORONTO, ONTARIO--(Marketwire - Sept. 2, 2010) -

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

  • Ucore Rare Metals Inc.: Federal Agency Increases Involvement in Bokan Heavy Rare Earth Project

    HALIFAX, NOVA SCOTIA--(Marketwire - Sept. 2, 2010) - Ucore Rare Metals Inc. (TSX VENTURE:UCU) ("Ucore" or the "Company") is pleased to announce that the United States Geological Survey (USGS), a division of the US Department of the Interior, has moved to increase its involvement at the Company's Bokan Mountain Heavy Rare Earth project in Southeast Alaska.

  • Trevali Closes $3.76-Million Private Placement Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Trevali Resources Corp. ("Trevali" or the "Company") (CNSX:TV)(PINK SHEETS:TREVF)(FRANKFURT:4TI) is pleased to announce that it has completed the non-brokered private placement financing announced August 25, 2010 issuing 3,582,144 units at $1.05 per unit, including an overallotment of 7,144 units at $1.05 per unit, for total gross proceeds of $3,761,251.20. Each unit is comprised of one common share and one-half a share purchase warrant. Each whole warrant is exercisable at a price of $1.50 per common share for a period of two years from the closing date of the financing.

  • Areva Reports on Waseco's Labrador Trough Uranium Prospects

    TORONTO, ONTARIO--(Marketwire - Sept. 2, 2010) - Waseco Resources Inc. (TSX VENTURE:WRI)(FRANKFURT:WSE) has received an extensive report on the 2009 exploration program carried out by AREVA (Quebec) Inc. on the Du Portage Property (formerly Block I and II) composed of 304 claims, covering 14,288 hectares, in the Quebec Labrador Trough.

    The area studied is in the central portion of the Labrador Trough, a region that has been intensely explored these last years for mineral resources, following the discovery of numerous uranium showings in the 1970's. The property hosts 8 known mineral showings, 5 of which contain uranium mineralisation. In addition, the property hosts numerous radiometric and geochemical uranium indications, including values that sometimes exceed several 10's of parts

  • Cabo Drilling Corp. Awarded Drill Contract by Ber Alb Sh A

    NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Cabo Drilling Corp. (TSX VENTURE:CBE) ("Cabo" or the "Company") announces that Ber Alb SH A, which is part of the Ekin Maden Group located in Istanbul, Turkey, has awarded Cabo Drilling Corp. - Albania Branch, located in Tirana, Albania, a drilling contract for a minimum of 4,000 meters.

  • Prophecy Secures $10 Million Loan to Advance Ulaan Ovoo Coal Mine, Mongolia

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Prophecy Resource Corp. ("Prophecy" or the "Company") (TSX VENTURE:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) has arranged a secured debt facility of up to $10 million (the "Loan") with Waterton Global Value, L.P. ("Waterton"). Subject to certain drawdown conditions, the loan may be drawn down in three tranches as follows: (a) $2 million on the closing date, which occurred as at September 1, (b) $3 million on the date Prophecy completes the acquisition of Northern Platinum Ltd. (see Prophecy news release dated July 16, 2010) and (c) $5 million at such time as Prophecy completes an off-take agreement for the Ulaan Ovoo property.

  • Mutiny Advises ATW Gullewa Drilling to Commence in October

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - ATW Gold Corp. (TSX VENTURE:ATW) ("ATW" or "the Company") is pleased to provide an update on the Company's Gullewa Gold Project in Western Australia. The Company's partner, Mutiny Gold Ltd. ("Mutiny" or "Mutiny Gold") recently completed planning for a RC drill program intended to upgrade the existing resource at the Gullewa Gold project's Deflector Deposit to measured status. Drilling is scheduled to begin the first week of October 2010.

  • Eagle Hill Announces Exercise of Warrants and Upcoming Expiry of Warrants

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") (TSX VENTURE:EAG) is pleased to announce that 100% of the warrants from the Company's August 28, 2009 private placement have been exercised. These warrants were to expire August 28, 2010.

  • Troy Resources NL: Company Presentation-Argentina Mining, San Juan

    PERTH, WESTERN AUSTRALIA--(Marketwire - Sept. 2, 2010) - Troy Resources NL ("Troy") (TSX:TRY)(ASX:TRY)

    NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

  • Paladin Energy Ltd Lodges Formal Bidders Statement Regarding Takeover Offer for NGM Resources Limited

    PERTH, WESTERN AUSTRALIA--(Marketwire - Sept. 2, 2010) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN)(NSX:PDN) ("Paladin") wishes to advise that the bidders statement in relation to the recently announced takeover of NGM Resources Limited (see Paladin news release of July 21, 2010) was today lodged with the corporate regulators in Australia. This document can be viewed at (http://media3.marketwire.com/docs/PDNtakeovrDoc.pdf), on the Company's website at www.paladinenergy.com.au or with the Company's other documents filed on SEDAR at www.sedar.com.

  • B2Gold Corp. Announces Option Agreement on the Cebollati Gold Property, Uruguay and Positive Initial Trench Results

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - B2Gold Corp. (TSX:BTO)(OTCQX:BGLPF) ("B2Gold" or the "Company"), is pleased to announce that it has reached an agreement with Weeping Apple S.A. ("Weeping Apple"), a private Uruguayan company, to option the Cebollati gold property located in Uruguay.

  • Blackstone Announces Results from Annual General Meeting

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Blackstone Ventures Inc. (TSX VENTURE:BLV) recently held its 2010 Annual General Meeting ("AGM") in Vancouver. Resolutions passed at the meeting included the re-appointment of Hay and Watson as auditors of Blackstone, approval of Blackstone's incentive stock option plan, and the election of the following Directors:

    • Donald A McInnes
    • John Greig
    • Michael Knuckey
    • Tor Falck
    • Donald Njegovan
    • Dean MacEachern
  • Fronteer Gold Inc.: Drilling Begins at TV Tower Gold Project in Turkey

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Fronteer Gold (TSX:FRG)(NYSE Amex:FRG) announces today that Teck Resources Limited's Turkish subsidiary, ("TMST"), our 60% joint venture partner and project operator, has commenced a 5,000 metre drill program on the TV Tower Gold Project in Northwestern Turkey. TV Tower is located within the Biga Peninsula, approximately 15 kilometres northwest of Fronteer Gold and TMST's Halilaga copper-gold porphyry deposit. 

  • Energy 1 Corp. Releases New Updated Website

    SOUTHFIELD, MI--(Marketwire - September 2, 2010) -  Energy 1 Corp. (PINKSHEETS: EGOC) (FRANKFURT: D8I) today announced that it has released its new updated company website.

  • Northern Tiger Resources Identifies Additional Gold Zones at 3Ace and Provides Update on Yukon Exploration Programs

    EDMONTON, ALBERTA--(Marketwire - Sept. 2, 2010) - Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (TSX VENTURE:NTR) is pleased to announce that four separate gold-bearing zones have been identified on the Company's 3Ace Property in the southeast Yukon, Canada. In addition, initial drill results from the Sonora Gulch Property in the Dawson Range area of the central Yukon have verified the existence of an underlying porphyry system.

  • Axial Vector Energy Corporation JV Partner, Petrosonics LLC, Awarded Patent in India, the World's 4th Largest Oil Consumer

    VIRGINIA BEACH, VA--(Marketwire - September 2, 2010) - Axial Vector Energy Corporation ("AVEC") (PINKSHEETS: AXVC) announced today that its PETRO AVEC JV partner, Petrosonics LLC, was recently awarded a patent in India, protecting the process of removing sulfur from all types of crude oil fractions through sonic energy, oxidation and the removal of all of the oxidized sulfur through hydrotreatment. The patent will remain in force for 20 years.

  • Metals & Minerals Project Activity Grows to $500 Billion in the Americas, an Industrial Info News Alert

    SUGAR LAND, TX--(Marketwire - September 2, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Demand for raw materials in Asia and Europe is driving growth in Metals & Minerals Industry projects in the Americas, especially in countries such as Brazil, Canada, Chile and Peru, where a large number of mining projects are being developed. Global demand is helping to offset this year's improved, yet uncertain economic climate and meager construction activity in the U.S. by opening up export markets for coal, iron ore and cement. This increased global demand is helping to take up some of the slack in domestic demand.

  • Rio Tinto to Move Ahead With Plans to Develop Hope Downs 4 Iron Ore Project, an Industrial Info News Alert

    BANGALORE, INDIA--(Marketwire - September 2, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Mining giant Rio Tinto plc (NYSE:RTP) (London, England) recently announced plans to invest US$1.6 billion to develop Western Australia's Hope Downs 4 iron ore project. The new mine will be connected to Rio Tinto's existing power, rail and port infrastructure in the Pilbara region. Rio Tinto expects to begin construction early next year, after obtaining the necessary regulatory approvals. When completed in 2013, the new open-cut mine is expected to produce 15 million tons per year of high quality iron ore.

  • Canasia's "Clone Gold Prospect" Starts Drilling Operations

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - Canasia Industries Corporation ("Canasia" and the "Company") (TSX VENTURE:CAJ)(PINK SHEETS:CANSF)(FRANKFURT:45C) has been informed by the operator that crews have now started drilling operations on the Clone Gold Prospect. Last year's drill program on the Clone Gold prospect returned grades as high as 44.75 g/t Au over 12.80 metres (announced October 22, 2009). The Clone Gold Prospect is Canasia's flagship property. The Company is spending approximately twice as much as last year on this year's drill program.

  • Noranda Income Fund Announces Termination of Exclusivity Agreement With Xstrata Zinc

    VALLEYFIELD, QUEBEC--(Marketwire - Sept. 1, 2010) - Noranda Income Fund (the "Fund") (TSX:NIF.UN) announced today that Xstrata Zinc, through Xstrata Canada Corporation ("Xstrata"), has provided notice that it is terminating the exclusivity agreement entered into between Xstrata and the Fund as announced on July 30, 2010, as the parties are unable to reach an agreement on the offer price for a potential transaction. The Independent Committee noted that Xstrata's revised offer presented on August 30, 2010 of $3.90 per Priority Unit of the Fund would likely not be within the fair value range which the Independent Committee believed would likely be established by the independent valuator, Canaccord Genuity Corp., in its formal valuation report as required under applicable securities legislation.

  • Le Fonds de revenu Noranda annonce la résiliation de l'entente d'exclusivité avec Xstrata Zinc

    VALLEYFIELD, QUEBEC--(Marketwire - 1 sept. 2010) - Le Fonds de revenu Noranda (le « Fonds ») (TSX:NIF.UN)a aujourd'hui annoncé que Xstrata Zinc, par l'entremise de Xstrata Canada Corporation (« Xstrata »), a donné un avis qu'elle mettrait fin à l'entente d'exclusivité conclue entre Xstrata et le Fonds et annoncée le 30 juillet 2010, puisque les parties sont incapables de parvenir à une entente sur le prix d'offre dans le cadre d'une opération éventuelle. Le comité indépendant a observé que l'offre révisée de Xstrata présentée le 30 août 2010 moyennant 3,90 $ la part prioritaire du Fonds ne se situait vraisemblablement pas dans une fourchette témoignant de la juste valeur susceptible, selon le comité indépendant, d'être fixée par l'évaluateur indépendant, Corporation Canaccord

  • Silverado Gold Mines Ltd.: Update to August 31, 2010 News Release

    Antimony Prices Soar; Silverado Drill Core Examination Shows Mineralized Widths Over 60 Feet

  • Alder Announces Appointment of the Honorable Pierre Pettigrew, p.c. to the Board of Directors

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE:ALR) is pleased to announce the appointment of the Honorable Pierre Pettigrew, p.c. to the Board of Directors of the Company. The Honourable Pierre Pettigrew, p.c. has had a distinguished career with success in both public and private sectors. From January 1996 to February 2006, he served as a Member of Parliament. Most notably, he led a number of senior government departments in his ten years as a minister in successive federal Canadian governments. Among other positions, he has served Canada as the Minister of Foreign Affairs, Minister for International Trade and the Minister for International Cooperation. He is now with Deloitte & Touche LLP in the role of Executive Advisor, International. Prior to entering national politics, Pierre Pettigrew was the Vice President of Samson Belair Deloit

  • Empire Industries Announces Proposed Private Placement, Stock Option Grants

    WINNIPEG, MANITOBA--(Marketwire - Sept. 1, 2010) -

  • Steele Recording Corporation Changes Name to Steele Resources Corporation and Announces Securities Awareness Campaign

    CARSON CITY, NV--(Marketwire - September 1, 2010) -  Steele Recording Corporation (OTCBB: SELR) (the "Company") , announced today that it has changed its name to Steele Resources Corporation in order to better represent its primary business model of precious metals exploration. Since its reorganization in June 2010, the Company has been focusing on identifying advanced stage exploration properties that meet its criteria for possible development. To date, the Company has completed in depth reviews of more than 25 properties in the Western United States and believes it is narrowing the field of prime candidates. The Company's subsidiary currently holds 30 mineral claims covering approximately 600 acres in Nevada. The Company's OTCBB trading symbol "SELR" will remain the same.

  • Xstrata Zinc Terminates Letter of Intent in Respect of Proposal for NIF

    TORONTO, ONTARIO and MADRID, SPAIN--(Marketwire - Sept. 1, 2010) - On July 28, 2010, Noranda Income Fund (the "Fund") and Xstrata Zinc (LSE:XTA)(ZSE:XTA.S) announced that they had entered into a non-binding letter of intent (the "LOI") with respect to a potential acquisition of the Fund by Xstrata for a cash consideration of C$3.40 per Priority Unit. On August 30, 2010, Xstrata presented an improved proposal of C$3.90 per Priority Unit to the Fund, a premium of 53% to the closing price of the Units on the day prior to Xstrata's original proposal. The Independent Committee of the Fund was unwilling to accept the revised offer, having taken into account recent market trading activity in the Fund's Priority Units. Xstrata has determined that the parties are unlikely to agree to terms for an acquisition of the Fund and accordingly today provided notice to the Fund that it has terminated the LO

  • Stonebridge Resources Explorations Ltd. Completes Due Diligence in Connection With Private Company Holding Rights to Precious Metal Recovery Technology

    RENO, NV--(Marketwire - September 1, 2010) -  Stonebridge Resources Explorations Ltd. (PINKSHEETS: SRCX) (FRANKFURT: S3C1) reports that due diligence has been completed and the company is now in a position to commence negotiations to structure a joint venture with a private company utilizing the Precious Metal Recovery Technology in conjunction with properties located in southwestern U.S.A. The company will provide updates on negotiations as information is made available.

  • Kinross Provides Additional Information on Red Back Transaction

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Kinross Gold Corporation (TSX:K)(NYSE:KGC) announced today that in response to a request from Institutional Shareholder Services (ISS), the Company is providing further details regarding its friendly combination with Red Back Mining Inc. This includes additional detail to the "Background to the Arrangement" section of the management information circular dated August 16, 2010. The Company is also providing further information on its development plans for the Tasiast mine, in order to assist Kinross shareholders in evaluating the transaction.

  • Donner Metals Ltd.: Les ressources présumées de Bracemac-McLeod augmentent de 2,07 millions de tonnes de sulfures massifs

    Titrant 10,66 % de zinc, 1,33 % de cuivre, 41,72 g/t d'argent et 1,21 g/t

  • Trueclaim Exploration Inc.: Stock Option Grants

    ST. THOMAS, ONTARIO--(Marketwire - Sept. 1, 2010) - Trueclaim Exploration Inc. (TSX VENTURE:TRM) (the "Company") announces that it has granted an aggregate of 450,000 stock options to employees and an officer of the Company. The options are exercisable into common shares at a price of $0.12 per share for a term of five years from the date of grant and are subject to regulatory approval.

  • Silvermet Inc. Announces 2010 Q2 Results
    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - T
  • Eloro Resources Reschedules Shareholder Meeting

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Eloro Resources Ltd. (TSX VENTURE:ELO)(FRANKFURT:P2Q) ("Eloro" or the "Company") announces that its Annual and Special Meeting of Shareholders originally scheduled for September 30, 2010 will be rescheduled to a later date, likely before the end of October. Since Eloro may have to call a Special Meeting of shareholders at which shareholders will be asked to approve the recently announced proposed business combination between it and Megastar Development Corp. (TSX VENTURE:MDV)(FRANKFURT:M5Q), Eloro has decided that it would be in the best interests of its shareholders to hold one meeting at which both routine annual business and the proposed business combination would be considered by shareholders. 

  • Mammoth Energy Group Signs Second Letter of Intent to Acquire Lithium Concessions of Salt Gold Inter Chile Limitata of Chile

    Mammoth Energy Group to Acquire Remaining 51% of Chilean Lithium Concessions at Salar de Maricunga

  • Gold Hawk Signs a Definitive Share Purchase Agreement with Oracle Ridge Shareholders

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE:GHK) is pleased to announce today that it has signed a definitive binding Share Purchase Agreement with the shareholders of 0830438 B.C. Ltd. ("Oracle Ridge"). Gold Hawk will purchase all of the issued and outstanding shares of Oracle Ridge by issuing an aggregate of 11,200,000 common shares in the capital of the Company to the shareholders of Oracle Ridge at the deemed price of $1.50 per common share plus $700,000 cash (the "Proposed Transaction"). The nominal purchase price for all of the shares in the capital of Oracle Ridge is $17,500,000.

  • Donner Metals Ltd.: Inferred Resources at Bracemac-McLeod Expand by 2.07 Million Tonnes of Massive Sulphides

    Grading 10.66% Zinc, 1.33% Copper, 41.72g/t Silver and 1.21g/t Gold Identified in the McLeod Deep Zone

  • GGL Resources Corp.: Private Placement to Raise $150,000

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) -

    NOT FOR DISSEMINATION IN THE UNITED STATES

  • Orko Silver Announces $7 Million Private Placement

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) -

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

  • Inmet Mining Presentation at the Bank of America Merrill Lynch 16th Annual Canada Mining Conference

    TORONTO, CANADA--(Marketwire - Sept. 1, 2010) - Mr. Jochen Tilk, President and Chief Executive Officer of Inmet Mining Corporation (TSX:IMN), will be speaking on Friday, September 10, 2010 at 10:20 a.m. Eastern Time at the Bank of America Merrill Lynch 16th Annual Canada Mining Conference being held in Toronto, Ontario at the Sheraton Centre Toronto Hotel. Slides of the presentation will be available on Inmet's website prior to the presentation.

  • Osisko and Clifton Star Intersect 27 Metres Averaging 3.38 g/t Au at Duparquet

    MONTREAL, QUEBEC--(Marketwire - Sept. 1, 2010) - Osisko Mining Corporation ("Osisko") (TSX:OSK)(FRANKFURT:EWX) and Clifton Star Resources Inc ("Clifton") (TSX VENTURE:CFO)(FRANKFURT:C3T) are pleased to announce results from thirty-seven additional holes from the 2010 drill program at the Duparquet Project, located in the Abitibi region of Quebec. Significant intersections from the new drill holes from the Beattie property include 27.0 metres averaging 3.38 g/t Au (BD10-209), 42.8 metres averaging 1.81 g/t Au (BD10-216) and 27.5 metres averaging 1.83 g/t Au (BD10-187). Assay results are summarized in the table below.

  • Osisko et Clifton Star recoupent 27 mètres à une teneur moyenne de 3,38 g/t Au à duparquet

    MONTREAL, QUEBEC--(Marketwire - 1 sept. 2010) - Corporation Minière Osisko («Osisko») (TSX:OSK)(FRANCFORT:EWX) Clifton Star Resources Inc. («Clifton») (TSX CROISSANCE:CFO)(FRANCFORT:C3T) ont le plaisir d'annoncer les résultats de trente-sept nouveaux sondages réalisés dans le cadre du programme de forage 2010 au projet Duparquet, situé dans la région de l'Abitibi au Québec. Les intervalles significatifs recoupés dans les nouveaux sondages sur la propriété Beattie comprennent notamment 27,0 mètres à une teneur moyenne de 3,38 g/t Au (BD10-209), 42,8 mètres à une teneur moyenne de 1,81 g/t Au (BD10-216) et 27,5 mètres à une teneur moyenne de 1,83 g/t Au (BD10-187). Les résultats d'analyse sont résumés dans le tableau ci-dessous.

  • Messina Minerals Inc. Announces Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Messina Minerals Inc. (TSX VENTURE:MMI) (the "Company") is pleased to announce a non-brokered private placement of up to 1,500,000 units of its securities at a price of $0.10 per unit for gross proceeds of up to $150,000. Each unit will consist of one common share and one common share purchase warrant entitling the holder to subscribe for one additional common share at a price of $0.12 for a period of two years from closing.

  • First Source Resources Inc. and CB Gold Inc. Announce that Mr. Hernan Martinez Torres-Former Colombian Minister of Mines and Energy-Will Join the Board of Directors of CB Gold Inc.

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) -

  • NovaGold Appoints Gerry McConnell as Chairman of the Board

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) today announced that Gerry McConnell has been appointed Chairman of the company's Board of Directors. Rick Van Nieuwenhuyse continues as President and Chief Executive Officer of the company and will remain on the Board as a Director.

  • Kinetex Arranges Private Placement of Up to $1 Million

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) -

  • Endeavour Silver Identifies Three New Silver Veins, Acquires Three New Mining Properties in Guanacevi Silver District, Durango State, Mexico

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Endeavour Silver Corp. (TSX:EDR)(NYSE Amex:EXK)(DBFrankfurt:EJD) announces that it has identified three new silver veins and acquired three new mining properties (click here to see maps) in the San Pedro area of the Guanacevi silver district in Durango State, Mexico.

  • Ascot Resources Commences Diamond Drilling on the Mt. Margaret Property

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Ascot Resources Ltd. (TSX VENTURE:AOT) ("Ascot") is very pleased to announce the drilling has commenced as of September 1, 2010 on the Mt. Margaret property in the St. Helens Mining district of Skamania county in Washington state. Ascot is drilling the first of an initial 14 hole diamond drill program within the historic deposit to confirm historical grades and to start filling large internal gaps in the system. Drilling is contracted to More Core Drilling Ltd. and will consist of approximately 5,000 meters of NQ2 diamond drilling.

  • Key Gold Announces the Acquisition of the Musset Lake Copper Property Containing a Near Surface Historic Mineral Resource of 110 Million Tonnes Grading 0.23% Copper

    QUÉBEC CITY, QUÉBEC--(Marketwire - Sept. 1, 2010) - KEY GOLD HOLDING INC. (TSX VENTURE:KGH) ("KGH" or the "Company") Robert Séguin, president, is pleased to announce that Key Gold has signed a Binding Letter of Agreement (the "Agreement") to acquire a 100% interest in the Musset Lake Copper Property (the "Property") consisting of 82 mining claims covering 3,998.1 hectares or 40 km2. The Property is located 90 km north of Schefferville (Quebec) and can be accessed in the summer by helicopter and/or float-plane. There is road access from Schefferville to New Millenium's KéMag Iron Property located 40 km to the southeast.

  • Coalcorp Provides Updated Default Status Report

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Coalcorp Mining Inc. ("Coalcorp" or the "Company") (TSX VENTURE:CCJ.H) is providing its twenty-fourth Default Status Report in accordance with National Policy 12-203: Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). On September 16, 2009, the Company announced that it would be delayed in the filing of its annual financial statements and related MD&A for the financial year ended June 30, 2009 (the "Annual Financials") and 2009 Annual Information Form beyond their filing deadlines of September 28, 2009. Coalcorp has since filed its Annual Financials and its 2009 Annual Information Form.

  • Colombian Mines Updates Progress at Yarumalito, Rio Negro and Venecia Projects

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Colombian Mines Corporation ("Colombian Mines" or "the Company") (TSX VENTURE:CMJ) is pleased to announce the discovery of two new gold bearing zones at Rio Negro and the continued definition of high grade gold mineralization on the Yarumalito drill project. Work programs are ongoing at the Company's projects as provided in the update below. For further project information, please refer to the Company website at www.colombianmines.com.

  • Darnley Bay Resources Begins Drilling Its Base Metals Targets

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Darnley Bay Resources Limited ("Darnley Bay") (TSX VENTURE:DBL) is pleased to announce that Northtech Drilling Ltd. commenced drilling Darnley Bay's first 2010 base metals target on August 28. The drill had been mobilized from the Parry Peninsula 90 km to the northwest where the first phase of drilling for kimberlite pipes, under the joint venture with Diadem Resources Ltd., was completed last week.

  • EGPI Firecreek, Inc. and E-ViEWS Safety Systems Announce Approval of Contract for Expansion in Harris County, Texas

    Contract Valued at Approximately 12 Million Dollars Over Next Five Years

  • Revett Announces Additional Silver Wheaton Corp. Subscription

    SPOKANE VALLEY, WA--(Marketwire - September 1, 2010) - Spokane Valley, Washington September 1, 2010; Revett Minerals Inc. (TSX: RVM) (OTCBB: RVMIF) ("Revett" or the "Company) is pleased to announce that Silver Wheaton has subscribed for additional shares to maintain its shareholdings at 16.4% of issued and outstanding shares in Revett.

  • Southern Silver Wins Auction for State Land Leases at Oro and Renews Exploration Program

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Southern Silver Exploration Corp (TSX VENTURE:SSV)(FRANKFURT:SEG) reported that it was the successful bidder for two parcels of New Mexico State Land, which are critical to the further evaluation of its Oro property. This lease acquisition increases the project area to 1,127 hectares. The Company ceased exploration activities after completing a five-hole, 1645-metre diamond drill program earlier this year and delayed release of drill results pending the outcome of the New Mexico land auction, which had been postponed by the State several times.

  • Prospero Drills 3.12 Meters of 13 g/t Au, 24.5 g/t Ag at the Baborigame Project, Chihuahua

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Prospero Silver Corp (TSX VENTURE:PSL) (the "Company") is pleased to report the results of Phase 1 drilling at its Baborigame project in southwestern Chihuahua state, Mexico. The project area has a total of 9 vein systems some of which had historic mining. In this first drilling program, 4 of the veins were drilled. Highlights include diamond drill hole PBAB-10-11 with 13 g/t Au and 24.5 g/t Ag over a core length of 3.12 meters; diamond drill hole PBAB-10-09 with 6.1 g/t Au and 75.2 g/t Ag over a core length of 1.4 meters, and diamond drill hole PBAB-10-08 with 2.3 g/t Au and 11 g/t Ag over a core length of 1.58 mts. All three intersections were under the historic Los Angeles mine (see figure at bottom of this News Release). Three other vein systems were drilled in the district including the Diente de Oso vein; the Encerredora North vein and the Cebollas vein (one d

  • Amarillo Receives Initial Resource Estimate for the Butia Prospect

    215,000 oz in 6.39MT @ 1.05g/t Gold indicated, and 308,000 oz in 12.88MT @ 0.74g/t Gold inferred, using 0.3g/t cut-off, Lavras do Sul, Brazil

  • Riverstone Increases Strike Length of the Goulagou I Deposit to 1.5 Kilometres

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Riverstone Resources Inc. (TSX VENTURE:RVS)(FRANKFURT:3RV) is pleased to report more positive results from the drill program at its Goulagou I gold deposit in Burkina Faso, West Africa (to see map please visit: http://www.riverstoneresources.com/i/maps/100830_GGI_PlanV8_0.jpg). The goal of the drill program is to upgrade and expand the current resource at the two Goulagou deposits, as well as the other two deposits that comprise the Company's Karma gold project.

  • Revett Announces Additional Silver Wheaton Corp. Subscription

    SPOKANE VALLEY, WASHINGTON--(Marketwire - Sept. 1, 2010) - Revett Minerals Inc. (TSX:RVM) (OTCBB:RVMIF) ("Revett" or the "Company) is pleased to announce that Silver Wheaton has subscribed for additional shares to maintain its shareholdings at 16.4% of issued and outstanding shares in Revett.

  • KAT Exploration Inc. to Drill Test IOCG Targets at Rusty Ridge

    MOUNT PEARL, NL--(Marketwire - September 1, 2010) -  KAT Exploration, Inc. (PINKSHEETS: KATX) (www.katexploration.com) is pleased to inform its shareholders and investment community that the company is now ready to begin drilling on its 100% wholly owned Rusty Ridge Iron Oxide Copper Gold (IOCG) property. Tenders are being called for the drilling program, and as announced earlier, all permits are in place with two distinct targets being defined for deep drilling.

  • Bravo Plans $3.0 Million Flow-Through Financing to Expand Homestake Ridge Drill Program

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) -

  • Canasil Closes $150,000 Private Placement by MAG Silver Corp.

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Canasil Resources Inc. (TSX VENTURE:CLZ) (Canasil) announces that the Company has closed the previously announced private placement by MAG Silver Corp. of 1,500,000 units at an exercise price of $0.10 per unit for gross proceeds of $150,000. MAG Silver has entered into this private placement in connection with its option to earn a 60% interest in Canasil's La Esperanza Silver project in Zacatecas and Durango States, Mexico. The Company has completed all formalities for the issuance of the shares and warrants for this placement and the placement has closed effective August 27, 2010.

  • Merc International Minerals Inc.: New Board Member-Private Placement Financing

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Merc International Minerals Inc. ("Merc") (TSX VENTURE:MRK) announced today that it has appointed David Wiley to its Board of Directors and that it proposes to complete a non-brokered offering of up to $1,000,0000.

  • PAW Extends Closing of Acquisition and Initial Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) -

  • REPEAT: Laurion Confirms and Extends High Grade Gold Mineralization at Marge Vein, Sturgeon River

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Laurion Mineral Exploration Inc. (TSX VENTURE:LME)(OTCBB:LMEFF) ("Laurion") is pleased to report assay results from the Company's drill program conducted at the Sturgeon River Property in Beardmore, Ontario. The target of the drill program, which consisted of five holes over a 150 metre strike length, was the gold-rich Marge Vein. The Marge vein is contained within a sheared diorite and hosted minor pyrite system. The drill holes were designed to intersect the vein at right angles and to confirm and extend indications of high grade gold stemming from historical trenching and channel sampling.

  • Glass Lewis Recommends Red Back Shareholders Vote "For" Kinross Combination

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Red Back Mining Inc. (the "Company" or "Red Back") (TSX:RBI) today announced that Glass, Lewis & Co., LLC ("Glass Lewis") has provided a positive recommendation regarding the proposed friendly combination with Kinross Gold Corporation ("Kinross"). Glass Lewis has recommended that Red Back shareholders vote "FOR" the proposed acquisition of Red Back by Kinross.

  • Novus Gold Corp.: Airborne Survey Completed Over REN Gold Property

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Novus Gold Corp. (TSX VENTURE:NOV)(OTCQX:NVXXF)(FRANKFURT:VGN) is pleased to announce the completion of a 1,120 kilometre airborne geophysical survey over its 100% owned REN Property, Point Lake, Northwest Territories. Geotech Ltd. completed the survey using their state-of-art VTEM (time-domain electromagnetic) system carried by a helicopter with a line-spacing of 100 metres. Preliminary analysis of the results clearly indicates a close association between the 20 known gold-bearing bedrock occurrences and the electromagnetic and magnetic trends identified within the REN property by the survey.

  • Glass Lewis Recommends Kinross Shareholders Vote "FOR" Red Back Combination

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Kinross Gold Corporation (TSX:K)(NYSE:KGC) today announced that Glass, Lewis & Co. LLC ("Glass Lewis") has provided a positive recommendation regarding its proposed friendly combination with Red Back Mining Inc. Glass Lewis has recommended that Kinross shareholders vote "FOR" the issuance of Kinross shares and warrants in connection with the acquisition.

  • Concerned Shareholders of EurOmax Resources Ltd. Respond to Decreasing Cash Reserves

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - After reviewing the latest quarterly financial statements of EurOmax Resources Ltd. ("EurOmax") for the three months ended June 30, 2010 and other documents filed on SEDAR at www.sedar.com under EurOmax's profile, Anthony Patriarco and Mark Gustafson (the "Concerned Shareholders") continue to be extremely concerned with the deployment of cash by management of EurOmax and the steady decline in EurOmax's cash reserves as follows:

  • Terra Ventures Inc.: Hathor Extends Roughrider East 60 m to the East as Summer Drill Program Progresses

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Terra Ventures Inc. (TSX VENTURE:TAS) is pleased to provide an update on the Midwest Northeast Uranium property in which Terra owns a 10% production carried interest. In a press release dated September 1, 2010 Hathor reported:

    "Hathor Exploration Limited (TSX VENTURE:HAT) is pleased to provide an update to its 2010 summer drill program at its Midwest NorthEast property in northern Saskatchewan. Highlights include:

  • Teryl Resources Acquires an Option on Mineral Claims in Alaska

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Teryl Resources Corp. (TSX VENTURE:TRC)(OTCBB:TRYLF) is pleased to announce that an agreement, subject to a 30 day due diligence by Teryl, was completed to acquire an option on a 50% interest in 11 State of Alaska mining claims located approximately 130 kilometers northwest of Anchorage, AK.

  • Solitaire Minerals to Receive Cash and Shares From AM Gold Inc. to Pay Outstanding Debt on the Pinaya Property, Peru

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Solitaire Minerals Corp. (TSX VENTURE:SLT) (Solitaire) reports that AM Gold Inc., formerly known as Acero-Martin Exploration Inc., has entered into an agreement to settle its outstanding debt with Solitaire in the amount of $300,000. Under the settlement agreement, AM Gold Inc. is to pay Solitaire $100,000 in cash and issue the cash equivalent of $200,000 in common shares of AM Gold Inc. issued at $0.35 per share, subject to regulatory approval. The $300,000 settlement satisfies all obligations between Solitaire and AM Gold Inc. for a proposed joint venture program at the Pinaya property in Peru. The agreement was terminated by then Acero-Martin Exploration Inc. by way of press release dated April 29, 2010.

  • Tirex Engages SRK Consulting to Produce Mineral Resource Estimates at Mirdita

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Tirex Resources (TSX VENTURE:TXX) is pleased to announce that the company has engaged SRK Consulting (UK) Ltd ("SRK UK") to produce initial mineral resource estimates at the company's Mirdita project in Albania. The mineral resource estimates will be compiled and reported in compliance with Canadian National Instrument 43-101 ("NI 43-101").

  • Fire River Gold Selects Snowden to Prepare Preliminary Economic Assessment for the Nixon Fork Gold Mine Project, Alaska

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Fire River Gold Corp. (TSX VENTURE:FAU)(OTCQX:FVGCF)(FRANKFURT:FWR) ("FAU" or the "Company") is pleased to announce that as part of its ongoing development of the Nixon Fork Gold Mine Project, the Company has engaged Snowden Mining Industry Consultants Inc. "Snowden" to prepare a Preliminary Economic Assessment (PEA) to evaluate the economic viability of resuming underground commercial production. The study will present a preliminary mine plan for the project, including dilution and recovery analysis, stoping method selection, production and development forecasts, capital and operating cost estimations, revenue projection, and a financial model. The tentative date for completion of the study is mid December 2010.

  • Blackhawk Provides Management Update

    CALGARY, ALBERTA--(Marketwire - Sept. 1, 2010) - Blackhawk Resource Corp. ("Blackhawk" or the "Corporation") (TSX VENTURE:BLR) would like to announce Mr. Hillar Lilles has resigned as President of the Corporation for personal reasons. Mr. Lilles will continue in his role as a director of the Corporation. Blackhawk would like to thank Mr. Lilles for his time and effort.

  • Eagle Hill Engages Robert Bryce as an Advisor for Windfall Lake

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Eagle Hill Exploration Corporation (TSX VENTURE:EAG) ("Eagle Hill" or the "Company") is pleased to announce the appointment of Robert Bryce to its Advisory Board.

    Mr. Robert Bryce is a member of the Quebec Order of Engineers and of the Institute of Mining and Metallurgy (MIC). Cumulating nearly 50 years of mine construction and operations, Mr. Bryce has worked with significant base metal mines and concentrators in North Western Quebec. For the last seven years, he has been involved in the public junior mining company exploration and administration. Mr. Bryce is on the board of directors of Metanor Resources Inc. whose Bachelor Lake Property is within 90km from Eagle Hill's Windfall Lake Property.

  • Centamin Egypt Annual Report and Annual Information Form Available on Website

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Centamin Egypt Limited (TSX:CEE)(LSE:CEY), the gold mining group in Egypt, is pleased to advise that the Annual Report and the Annual Information Form for the year ended 30 June 2010 is now available on the Company's website www.centamin.com and through the following links:

  • Yankee Hat Engages Investor Cubed Inc. to Provide Investor Relations Services

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Yankee Hat Minerals Ltd. (TSX VENTURE:KHT) is pleased to announce that it has entered into an agreement with Investor Cubed Inc.("Investor Cubed") for investor relations services (the "I3 Agreement").

    By way of the I3 Agreement, Yankee Hat will pay Investor Cubed a fee of $5,000 per month and will issue Investor Cubed 300,000 incentive stock options (the "Options"). The Options are exercisable for a period of 12 months and in accordance with the TSX Venture exchange policies, 25% of the Options will vest each quarterly at an exercise price of $0.10. The Agreement has an initial term of twelve (12) months and subject to regulatory approval.

  • Kodiak und Golden Goose schließen sich zu einem gut finanzierten Goldunternehmen mit kurzfristigem Produktionspotenzial zusammen

    VANCOUVER, BC und MONTREAL--(Marketwire - September 1, 2010) - Kodiak Exploration Limited (TSX VENTURE: KXL)(FRANKFURT: KX3) ("Kodiak") und Golden Goose Resources Inc. (TSX VENTURE: GGR) ("Golden Goose") freuen sich, die Unterzeichnung eines verbindlichen Fusionsabkommens und Konzepts zum 30. August 2010 bekanntgeben zu können, demzufolge Kodiak sämtliche ausgegebenen und ausstehenden Golden Goose-Aktien erwerben wird. Der Hauptvermögenswert von Golden Goose ist das Bergbauprojekt Magino, das sich 40 Kilometer nordöstlich der Stadt Wawa in Ontario befindet. Das Magino-Bergwerk, eine einst produzierende Untertage-Goldmine, der eine Produktion von über 105.000 Unzen Gold zugesprochen wird, besitzt mit 43-101 kompatible gemessene und angezeigte Goldvorkommen in Höhe von 453.190 Unzen (2.092,000 metrische Tonnen mit einem Gr

  • Analyst Study on United States Steel and Precision Castparts - Not Yet There But Very Close

    JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 1, 2010) -  www.wallstreetequityresearch.com brings investors market knowledge on the aspects moving the metal fabrication stocks, and offers complete analytical research on companies like United States Steel Corp. (NYSE: X) and Precision Castparts Corp. (NYSE: PCP). Register with www.wallstreetequityresearch.com today to gain full access to our complimentary research on these metal fabrication's stocks.

  • Merrex Transitions Siribaya Operatorship to IAMGOLD

    HALIFAX, NOVA SCOTIA--(Marketwire - Sept. 1, 2010) - Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. ("Merrex") (TSX VENTURE:MXI) announces that effective September 1, 2010 Merrex has formally transferred operatorship of the Siribaya Gold project to IAMGOLD Corporation ("IAMGOLD").

  • Excellon Resumes Production at Platosa

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Excellon Resources Inc. (TSX:EXN) is pleased to announce that it has resumed limited production at Platosa after the water inflow that occurred during normal mine development on August 18th. Excellon is currently assessing the impact of the water inflow on production going forward and will release revised guidance on production levels for the balance of the year in the coming weeks.

  • Mines Virginia Inc. : Signature d'une entente stratégique avec Wemindji Exploration

    QUÉBEC, QUÉBEC--(Marketwire - 1 sept. 2010) - Mines Virginia inc. (TSX:VGQ) (« Virginia ») est heureuse d'annoncer la signature d'une alliance stratégique avec Wemindji Exploration inc. (« Wemex ») par laquelle Virginia et Wemex conduiront conjointement des travaux de reconnaissance géologique, d'échantillonnage et d'exploration sur un territoire couvrant une superficie de plus de 5 000 km2 dans le Moyen Nord québécois.

  • Virginia Mines Inc.: Signing of a Strategic Alliance With Wemindji Exploration

    QUEBEC CITY, QUEBEC--(Marketwire - Sept. 1, 2010) - Virginia Mines Inc. (TSX:VGQ) ("Virginia") is pleased to announce the signing of a strategic alliance with Wemindji Exploration Inc. ("Wemex"). Both companies will jointly carry out geological reconnaissance, sampling, and exploration work on a territory covering a surface area of more than 5,000 square kilometres, in the Middle North of Quebec.

  • Hudson River Intersects Gold, Copper and Zinc Mineralization Near McFaulds Lake

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Hudson River Minerals Ltd. ("Hudson River") (TSX VENTURE:HRM) is pleased to announce the assay results from its recent drilling program southwest of McFaulds Lake. All three drillholes encountered anomalous copper (Cu) and zinc (Zn) mineralization with two holes returning anomalous gold (Au).

    The first drillhole HR-ML-01 was centred on the Bentley Prospect and returned assay values up to 2,440 ppm Cu, 604 ppm Zn and 0.27 g/t Au within a volcanic formation. The best composite was 1,547 ppm Cu and 219 ppm Zn over 3.94 m from 166.83 to 170.77 meters downhole.

  • ATAC Resources Ltd. Makes a New Carlin-Type Discovery at Its Rau Gold Project in Yukon

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - ATAC Resources Ltd. (TSX VENTURE:ATC) is pleased to announce that the first diamond drill hole at the Osiris Target on its Sten claim block has intersected 9.26 g/t gold over 31.13 m within a larger interval that averaged 4.65 g/t gold over 65.20 m. Assays from the remaining 98 m of the hole are still pending. Significant intervals for the top portion of OS-10-01 are tabulated below:

  • Uranium Recoveries in Excess of 99% Using Ion Exchange (IX) Technology Upon Uranium-Loaded Acid Solutions From the Leaching of the Macusani Uranium Ores, Puno, Peru

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Macusani Yellowcake Inc. (the "Company") (TSX VENTURE:YEL) (FRANKFURT:QG1) is pleased to announce the results of metallurgical tests associated with the Company's continued pre-feasibility studies on the uranium mineralization hosted by the Macusani rhyollites in Puno, Peru. Uranium recoveries in excess of 99% were achieved using ion exchange (IX) technology on uranium-loaded acid solutions from the leaching of Macusani uranium ores.

  • B2Gold to List on the OTCQX

    Completes Agreement with Kinross Gold Corporation for Sale of Kupol East and West Licenses

  • inthinc CEO to Participate at Insurance Telematics USA 2010

    SALT LAKE CITY, UT--(Marketwire - September 1, 2010) -  inthinc technology solutions, Inc. (www.inthinc.com), developer of technologies to improve driving safety, today announced Todd Follmer, the company's chief executive officer, will participate in a panel discussion on "Capturing Data to Produce Useful Information for Insurers." The panel is part of Insurance Telematics USA 2010 in Chicago on Sept. 13. Follmer will draw on his experience of leveraging telematics to capture real-time and trend data for the benefit of insurers and manufacturers. Attendees will learn from real-world examples of how insurance companies and their clients can use telematics to help drivers improve driving behavi

  • Silver Quest Increases Boulevard Property, Yukon

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Silver Quest Resources Ltd. (TSX VENTURE:SQI) (the "Company") is pleased to announce that it has executed an option agreement to acquire a 100% interest in eight mineral claims (the "Tiger claims") increasing the Company's Boulevard Property by approximately 165 hectares. The Tiger claims are strategically located along trend from the Company's Sunset gold-arsenic-antimony soil geochemical anomaly within the Boulevard Property which is 135 kilometres south of Dawson City, 35 kilometres south of Kinross' Golden Saddle gold deposit and 10 kilometres southwest of Kaminak's Coffee gold discoveries. For a location map and property details see the Company's website www.silverquest.ca

  • Michael Winship Appointed as Chief Operating Officer for Quadra FNX Mining Ltd.

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Quadra FNX Mining Ltd. ("Quadra FNX" or "the Company") (TSX:QUX) is pleased to announce that Mr. Michael Winship has been appointed as Chief Operating Officer of the Company, effective September 1st 2010. Mr. Winship takes over from Mr. Jack Miller, following his retirement as the former Chief Operating Officer of Quadra FNX.

  • Hathor Extends Roughrider East 60 m to the East as Summer Drill Program Progresses

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Hathor Exploration Limited (TSX VENTURE:HAT) is pleased to provide an update to its 2010 summer drill program at its Midwest NorthEast property in northern Saskatchewan. Highlights include:

  • Kiska Secures 100% Control of Whistler Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Kiska Metals Corporation (TSX VENTURE:KSK) ("Kiska" or the "Company") reports that Kennecott Exploration Company, a wholly-owned subsidiary of Rio Tinto, has informed the Company that Kennecott will not exercise its rights to back in on the Whistler Project, located 160 kilometres northwest of Anchorage, Alaska. As a result, Kiska now controls a 100% interest in the Whistler Project with Kennecott retaining a 2% Net Smelter Royalty on the property.

  • Kria Resources' Metallurgical Test Results Indicate Halfmile Lake Project Ore Is Compatible With Xstrata Zinc's Brunswick 12 Milling Facility

    TORONTO, ONTARIO--(Marketwire - Sept. 1, 2010) - Kria Resources (TSX VENTURE:KIA) ("Kria" or the "Company") today announced results from metallurgical bench test work for its Halfmile Lake project located near Bathurst, New Brunswick. Overall, the results indicate the Halfmile Lake ore is similar to the ore at Xstrata's Brunswick 12 mill and it is compatible with the Brunswick 12 milling facility process.

  • Arian Silver Issue Of Shares

    LONDON, ENGLAND--(Marketwire - Sept. 1, 2010) - Arian Silver Corporation (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A)

  • Harvest Gold's Phase One Drill Results Complete; Gold and Silver Intersected in Each Hole at Rosebud Mine

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - Harvest Gold Corporation (TSX VENTURE:HVG) (the "Company") is pleased to announce that all gold and silver assays have been received for the twelve reverse circulation drill holes completed during the Company's first phase drill program at its Rosebud Mine property in Pershing County, Nevada. Highlights from holes HVG-11 and HVG-12 are reported below.

  • Engineering TV Is Now Featuring AVEC From AUVSI Unmanned Systems 2010 Show

    DUBAI, UNITED ARAB EMIRATES--(Marketwire - September 1, 2010) -  Axial Vector Energy Corporation ("AVEC") (PINKSHEETS: AXVC) announced today that it is being featured on Engineering TV.Com at www.engineeringtv.com.

  • Medusa Mining Limited: Proposed Dividend and Amendments to Constitution

    COMO, WESTERN AUSTRALIA--(Marketwire - Sept. 1, 2010) - The Directors of Medusa Mining Limited (TSX:MLL)(ASX:MML)(AIM:MML) ("Medusa" or the "Company") give notice that a general meeting of members will be held at the Esplanade River Suites, 112 Melville Parade, Como, Western Australia on 6 October 2010 at 10.00 am (Perth time) ("Meeting"). 

  • RockBridge Awards Drilling Contract for Rare Earth Property

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2010) - RockBridge Resources Inc. (RockBridge- "RBE") (TSX VENTURE:RBE) has entered into an agreement for diamond drilling of the Cross Hills Rare Earth prospect property near Grand Le Pierre, Newfoundland. The Cross Hills property consists of 100% interest in 343 mineral claims covering 20,923 acres, prospective for Rare Earth Elements and metals and for Copper.

  • Golden Goose und Kodiak Exploration unterzeichnen verbindlichen Fusionsvertrag

    MONTREAL, QUEBEC und VANCOUVER, BRITISH COLUMBIA--(Marketwire - September 1, 2010) - Golden Goose Resources Inc. (TSX VENTURE: GGR) ("Golden Goose") und Kodiak Exploration Limited (TSX VENTURE: KXL)(FRANKFURT: KX3) ("Kodiak") freuen sich bekanntgeben zu dürfen, einen verbindlichen, endgültigen Fusionsvertrag unterzeichnet zu haben. Golden Goose und Kodiak haben vereinbart, einen Unternehmenszusammenschluss durch ein Firmenabkommen gemäß den Vorschriften des Aktiengesetzes (Companies Act) von Québec voranzubringen. Das Abkommen wird dabei die Vermögenswerte beider Unternehmen auf konsolidierter Basis effizient miteinander kombinieren, wobei Golden Goose Resources ein hundertprozentiges Tochterunternehmen von Kodiak wird.

  • Ressources Conway annonce un règlement de dettes et modifie les termes de la débenture convertible

    QUEBEC, QUEBEC--(Marketwire - 31 août 2010) - Ressources Conway inc. (« Conway » ou la « Compagnie ») (TSX CROISSANCE:CWY) annonce qu'elle a signé une entente visant le règlement de dettes totalisant 63 932,93 $ auprès de l'un de ses fournisseurs. En vertu de l'entente, Conway émettra un total de 1 278 659 actions ordinaires et 1 278 659 bons de souscription, chaque bon permettant au porteur de souscrire une action ordinaire additionnelle de la Compagnie au prix de 0,10 $ pour une période de 12 mois. Les titres émis dans le cadre du règlement de dettes seront assujettis à une période de restriction relative à la revente de quatre mois et un jour.

  • Conway Resources Announces Debt Settlement and Amends Terms of Convertible Debenture

    QUEBEC CITY, QUEBEC--(Marketwire - Aug. 31, 2010) - Conway Resources Inc. ("Conway" or the "Company") (TSX VENTURE:CWY) announces that is has reached an agreement with a supplier for the settlement of related debts of $63,932.93. As a result, Conway will issue an aggregate of 1,278,659 common shares and 1,278,659 warrants, each warrant entitling the holder to purchase an additional common share of the Company at $0.10 per share for a twelve-month period. The securities issued in relation with the debt settlement will be subject to a restricted period of four months and one day.

  • Nordex Explosives Ltd. Announces Record Sales for Second Quarter; Realigns Executive Management

    KIRKLAND LAKE, ONTARIO--(Marketwire - Aug. 31, 2010) -

  • Antimony Prices Soar; Silverado Drill Core Examination Shows Mineralized Widths Over 60 Feet

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Silverado Gold Mines Ltd. (OTCBB:SLGLF)(FRANKFURT:SLGL) (www.silverado.com) (the "Company" or "Silverado") noted that the antimony markets have advanced from $4,000 per tonne (2200 lbs.) in early 2009 to $9,800 per tonne in July 2010 according to Martin Hayes, chief correspondent of TheBullionDesk.com, a London metals trading company.

  • Canaco Closes in Escrow on Copper-Gold Exploration Assets in Ethiopia and Announces Potential Spin-Off

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Canaco Resources Inc. (TSX VENTURE:CAN) is pleased to announce that the Company has closed in escrow its acquisition of 70% of the outstanding shares of Harvest Mining PLC ("Harvest"), a private Ethiopian exploration company from Beijing Donia Resources Co. Ltd. ("Donia"). The remaining 30% interest of Harvest is owned by Ezana Mining Development, an Ethiopian company.

  • Tao Minerals Ltd. Provides Update on Financing Activities

    MEDELLIN, COLOMBIA--(Marketwire - Aug. 31, 2010) - Tao Minerals Ltd. ("TAO") (PINK SHEETS:TAON) is pleased to report that it has received $300,000 to date from its recent financing efforts. This funding will further enable Tao to move forward to achieve its near and mid-term development goals. Tao's primary focus is the start up and resumption of production at the El Colmillo gold mine project which offers the potential to quickly provide a strong revenue stream as Tao moves forward to becoming a growth oriented gold producing company. The company will be making further financing announcements as they become available.

  • Sandstorm Resources Provides Update on Gold Purchase Agreement With Rambler Metals and Mining PLC

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Sandstorm Resources Ltd. ("Sandstorm" or the "Corporation") (TSX VENTURE:SSL) is pleased to announce that it has accepted the feasibility study of Rambler Metals and Mining PLC ("Rambler") (TSX VENTURE:RAB)(AIM:RMM) on its copper-gold Ming Mine (the "Ming Mine"), located on the Baie Verte Peninsula in Newfoundland, Canada. In accordance with the gold purchase agreement, Sandstorm will be remitting the second deposit of US$2,000,000 to Rambler, and the third deposit of US$13,000,000 will be remitted to Rambler upon award of all key permits to construct the Ming Mine, which is anticipated in the second half of 2010.

  • Northwest Pipe Announces Addition to Board of Directors

    VANCOUVER, WA--(Marketwire - August 31, 2010) -  Northwest Pipe Company (NASDAQ: NWPX) announced today that James E. Declusin, former CEO of Oregon Steel Mills, Inc. and Evraz Inc. NA, has joined its board of directors.

  • Creso Exploration Amends the Matona Gold Option Agreement

    MONTREAL, QUEBEC--(Marketwire - Aug. 31, 2010) - Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE:CXT) (FRANKFURT:C3X) announces the amendment of the Matona gold option agreement previously announced by press release on June 22 2010.

  • Continental Gold Limited Announces $57,000,000 Private Placement Financing

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) -

  • Andean American Mining Corporate Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - The Board of Directors of Andean American Mining Corp. (TSX VENTURE:AAG)(FRANKFURT:AQN) ("the Company") is pleased to provide highlights of the annual and special meeting that took place in Vancouver, BC, on August 31, 2010.

  • Mr. Colin Orr-Ewing: Early Warning Report in Accordance With National Instrument 62-103

    CALGARY, ALBERTA--(Marketwire - Aug. 31, 2010) - In connection with the winding up of Tubutama Borax PLC, ("Tubutama Borax") and its wholly owned subsidiary, Tubutama Limited, the common shares (the "Bacanora Shares") held in the capital of Bacanora Minerals Ltd. (TSX VENTURE:BCN) ("Bacanora") which were registered in the name of Tubutama Limited were distributed to the security holders of Tubutama Borax. As a result of such distribution, Mr. Colin Orr-Ewing acquired indirect ownership and control of an aggregate of 14,002,375 Bacanora Shares representing 40.50% of the total issued and outstanding Bacanora Shares. Prior to acquiring the aformentioned Bacanora Shares, Mr. Orr-Ewing owned or exerted control or direction over 1,315,000 Bacanaora Shares. As a result, Mr. Colin Orr-Ewing currently owns or exerts control or direction over an aggregate of 15,317,375 Bacanora Shares, or approximately 44.30% of the issued an

  • Paget Minerals Options Ben Moly Property to TTM Resources

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Paget Minerals Corp. (TSX VENTURE:PGS) ("Paget" or the "Company") today announced that it has entered into an Agreement with TTM Resources Inc. ("TTM") whereby TTM can acquire a 100% mineral interest in the Ben molybdenum property in the Nechako Basin, central B.C. The property consists of four mineral claims that lie south of and adjacent to TTM's Chu molybdenum project currently under active exploration by TTM.

  • Galahad Metals Announces a Change in Its Board of Directors

    OTTAWA, ONTARIO--(Marketwire - Aug. 31, 2010) - Galahad Metals Inc. (TSX VENTURE:GAX) ("the Company") announced today that it is pleased to appoint a new director, Mr. Michael Newman. The new director will be joining remaining directors Mr. Robin Dow, Mr. Robert Schellenberg and Mr. Kevin Rivers as the new board of directors for Galahad.

  • Malbex Issues Share Options

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Malbex Resources Inc. (TSX VENTURE:MBG) today reported that it has granted 100,000 incentive share options to its newly appointed corporate secretary under the Company's share option plan. The options are exercisable into common shares of Malbex at $0.40 per share and have a five year term.

  • Continental Gold Limited Announces $57,000,000 Private Placement Financing

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) -

  • AM Gold Inc.: Shares for Debt/Setting of New Incentive Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - AM Gold Inc. (TSX VENTURE:AMG)(FRANKFURT:AMX) (the "Company") wishes to announce that it has settled its outstanding debt with Solitaire Minerals Corp. in the amount of $300,000 payable $100,000 in cash and $200,000 by way of shares issued at $0.35 per share, subject to regulatory approval. The $300,000 debt settlement satisfies all obligations to Solitaire for a proposed joint venture program at the Pinaya property in Peru which agreement was terminated by the Company by way of press release dated April 29, 2010.

  • The Alpine Group, Inc. Posts Second Quarter 2010 Results

    EAST RUTHERFORD, NJ--(Marketwire - August 31, 2010) -  The Alpine Group, Inc. ("Alpine") (PINKSHEETS: APNI) today posted its financial statements for the quarter ended June 30, 2010 to its Website (www.alpine-group.net).

  • Romios Announces Closing of a Flow-Through Private Placement

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Romios Gold Resources Inc. ("Romios" or the "Company") (TSX VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R) is pleased to announced that it placed 2,000,000 units on a flow-through basis (the "FT Units") priced at $0.15 per FT Unit for gross proceeds of $300,000. Each FT Unit consists of one (1) flow-through common share (the "FT Share") and one-half (½) of a share purchase warrant (a "FT Warrant"). Each full FT Warrant entitles the holder to acquire a further common share of the Company at a price of $0.25 per common share until the earlier of: (i) the date which is twelve (12) months following the closing; and (ii) in the event that the closing price of the common shares on the TSX Ventu

  • Geodex Minerals Ltd.: Hunter Dickinson Group Options Sisson Brook Tungsten-Molybedenum Project, New Brunswick, for $17 Million in Expenditures

    Includes $1 Million Private Placement at $0.30 Per Share

  • J.A.G. Mines Ltd.: Fourth Year of Oil and Gas Research Program Completed on the Temiscouata Property

    MONTREAL, QUEBEC--(Marketwire - Aug. 31, 2010) - J.A.G. Mines Ltd (JAG) (TSX VENTURE:JML) and Olitra Inc. announces that it has completed the fourth year of its oil and gas research program on its Temiscouata Property (Quebec), during which were performed a regional soil gas survey, gravimetric, radiometric and electrical conductivity surveys and geochemical and Rock Eval analyses on sedimentary rock samples. Surveys were conducted in the eastern part of the property which was not covered by earlier work. The gravimetric and electrical conductivity surveys are not published yet but should be soon.

  • JAG complète la quatrième année de son programme de recherche de pétrole et de gaz sur sa propriété Témiscouata et obtient des résultats prometteurs

    MONTREAL, QUEBEC--(Marketwire - 31 août 2010) - Les Mines J.A.G. Ltée («JAG») (TSX CROISSANCE:JML) et Olitra Inc. annoncent qu'elles ont complété la quatrième année du programme de recherche de pétrole et de gaz sur la propriété Témiscouata et qu'au cours de celle-ci, elles ont réalisé, tel que prévu, un levé d'analyse des composantes du gaz naturel présent dans les sols («soil gas survey»), des levés radiométrique, gravimétrique et de conductivité électrique ainsi que des analyses Rock Eval et des analyses géochimiques sur des roches sédimentaires de la propriété. Tous les travaux ont été menés dans la partie est de la propriété, dans des secteurs qui n'avaient pas été couverts aux cours de

  • J.A.G. Mines Ltd: Fourth Year of Oil and Gas Research Program Completed on the Charlevoix Property

    MONTREAL, QUEBEC--(Marketwire - Aug. 31, 2010) - J.A.G. Mines Ltd (JAG) (TSX VENTURE:JML) and Olitra Inc. announces that it completed its fourth year of exploration work on the Charlevoix Property (Quebec), during which were performed a soil gas survey in the Du Gouffre River Valley between the towns of Baie-St-Paul and St-Urbain, and Rock Eval analysis on sedimentary rocks outcropping in the Baie-St-Paul area.

  • Mines J.A.G. Ltée : JAG complète la quatrième année de son programme de recherche de pétrole et de gaz sur sa propriété Charlevoix

    MONTRÉAL, QUÉBEC--(Marketwire - 31 août 2010) - Les Mines J.A.G. Ltée (TSX CROISSANCE:JML) et Olitra Inc. annoncent que la quatrième année du programme de recherche de pétrole et de gaz est complétée sur la propriété Charlevoix (Québec), alors qu'elle a réalisé un levé d'analyse des composantes du gaz naturel présent dans les sols («soil gas survey») de la vallée de la rivière du Gouffre (de Baie St- Paul à St-Urbain) et des analyses Rock Eval sur des échantillons de roches sédimentaires provenant de la région de Baie St-Paul.

  • Cardero Intersects Massive Iron-Titanium and Copper Mineralization at TiTac and Longnose Projects in Minnesota

    Highlights include:

    TTC-014: 532.79 metres grading 28.79% Fe2O3, 14.85% TiO2 and 0.23% Cu including 145.08 metres of 30.35% Fe2O3, 20.19% TiO2 and 0.4% Cu

    LNG-001: 81.53 metres grading 43.51% Fe2O3 and 20.51% TiO2 including 55.17 metres of 47.13% Fe2O3 and 23.07% TiO2

  • Arctic Enters Into an Option Agreement With Big Red Diamond Corp. on a Rare Earth Element Property Near Sept-Iles, Que.

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Arctic Star Diamond Corp. (TSX VENTURE:ADD) is pleased to announce that it has entered into an option agreement with Big Red Diamond Corp. ('Big Red') on the J6L1 Rare Earth Elements ('REE's') project located 52 kilometers northwest of Sept-Iles, Que. Arctic Star can earn a 50% interest in the J6L1 project by issuing 1,000,000 million shares of the company, spending $500,000 in exploration expenses on the project by December 31, 2011 of which $75,000 must be spent by December 31, 2010.

  • Frontline-Stewart Exploration Update; Stock Options Withdrawn

    HALIFAX, NOVA SCOTIA--(Marketwire - Aug. 31, 2010) - Walter Henry, President and CEO of Frontline Gold Corporation. ("Frontline")(TSX VENTURE:FGC) announces:

  • Dia Bras Begins Drilling the La Cascada Gold Target at Bolivar Project

    MONTRÉAL, QUÉBEC--(Marketwire - Aug. 31, 2010) - Dia Bras Exploration Inc. (TSX VENTURE:DIB) ("Dia Bras") (the "Company") is pleased to report that drilling has commenced at its La Cascada target, which is a high-sulphidation gold system at the Company's 100% owned Bolivar Property in Chihuahua, Mexico, which is not subject to any royalties. Drilling is targeted on near-surface, coincident strong chargeability (IP) and resistivity zones detected during a recently completed Titan 24 survey contracted to Quantec Geoscience of Toronto, Ontario.

  • Mountain Boy Minerals Ltd.: Bonanza Gold-Silver Mineralization With 105 g/t Gold and 1748 g/t Silver Identified at FR Property

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Mountain Boy Minerals Ltd. (the "Company") (TSX VENTURE:MTB) announces results from their 2010 exploration program on its 100% owned FR property. The FR property consists of 7675 hectares within 21 claims at the headwaters of American Creek approximately 42 kilometres north of Stewart BC.

  • TNR Gold Corp.: 33% Increase in Project Area to 160 Square Kilometres, Mariana Lithium Brine Project, Argentina

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - TNR Gold Corp. ("TNR") (TSX VENTURE:TNR) and wholly-owned International Lithium Corp. ("ILC") (jointly the "Company") are pleased to announce the granting of an additional 4,000 hectare claim at the Mariana lithium brine project in Salta province, northwestern Argentina.

  • Merc International Minerals-Management Changes

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Merc International Minerals Inc. ("Merc" or the "Company") (TSX VENTURE:MRK) announced today that Michael Byron, President and Chief Executive Officer, has resigned his position with Merc in accordance with the terms of his employment contract. Dr. Byron will stay on as a Director with Merc to assist the Company in the further development of the Damoti Lake Gold Project.

  • First Gold Continues to Expand the Mineralized Zones

    LAVAL, QUEBEC--(Marketwire - Aug. 31, 2010) - First Gold Exploration Inc. (TSX VENTURE:EFG) (FRANKFURT:F12) is pleased to report the most recent drill results for the Lac Pivert/Rose project. The table below shows the results for holes LR-10-59 and LR-10-61 to LR-10-68 drilled to test the extension of the zones to the east. All these holes intersected mineralized zones over consistent thicknesses. These positive results demonstrate the continuity and consistency of the lithium, tantalum, rubidium, beryllium, gallium and cesium values.

  • First Gold continue d'étendre les zones minéralisées

    LAVAL, QUÉBEC--(Marketwire - 31 août 2010) - Exploration First Gold Inc. (TSX CROISSANCE:EFG)(FRANCFORT:F12) est heureuse d'annoncer les plus récents résultats de forage effectué sur le projet Lac Pivert/Rose. Le tableau ci-dessous rapporte les résultats des sondages LR-10-59 et LR-10-61 à LR-10-68. Tous ces sondages ont été effectués afin de tester l'extension des zones vers l'est. Tous ces forages ont recoupé des zones minéralisées sur des épaisseurs constantes. Ces résultats positifs démontrent la continuité et la constance des résultats en lithium, tantale, rubidium, béryllium, gallium et césium.

  • SNS Provides Exploration Update on its Ontario and Idaho Properties

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - SNS Precious Metals Inc. (TSX VENTURE:SNS) (previously "SNS Silver Corp.") ("SNS" or "the company") is pleased to provide an update on its projects and exploration plans on its gold and silver properties located in Ontario and Idaho.

  • Macarthur Minerals Limited: DSO Grade Mineralisation Intersected-24m at 62.4%Fe

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) -

  • Edgewater Completes $10.4 Million Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) -

  • Randgold Resources Limited -- Total Voting Rights

    JERSEY, CHANNEL ISLANDS--(Marketwire - August 31, 2010) -

  • Randgold Resources - Total Voting Rights

    JERSEY, CHANNEL ISLANDS--(Marketwire - August 31, 2010) -

  • UC Resources Ltd. Begins Drilling at Xora Claim, Mexico

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - UC Resources Ltd. (TSX VENTURE:UC) ("UC") is pleased to update exploration activities at the Xora claim which is situated three kilometres from the La Yesca mill site.

    Drilling has now commenced on the La Colorada vein with an initial three drill locations spotted based on Induced Polarization ground geophysics as well as estimation of the directional geological trend gathered from the La Colorada mine opening some 180 metres from our initial drill target. Both down dip and step out drilling will be conducted should the visual interpretation of the core warrant it.

  • American Bullion Minerals Reports Extension of Red Chris Loans

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - American Bullion Minerals Ltd. ("ABML" or the "Company") today announced that it has entered into an amending agreement with Red Chris Development Company Ltd. under which Red Chris has agreed to extend, from August 31, 2010 to December 31, 2010, the maturity date of the loans made by it to the Company pursuant to the loan agreements dated February 18, 2005 and October 22, 2008, as amended.

  • Golden Goose and Kodiak Exploration Sign Binding Merger Agreement

    MONTREAL, QUEBEC and VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Golden Goose Resources Inc. (TSX VENTURE:GGR) ("Golden Goose") and Kodiak Exploration Limited (TSX VENTURE:KXL)(FRANKFURT:KX3) ("Kodiak") are pleased to announce that they have signed a binding definitive merger agreement. Golden Goose and Kodiak have agreed to proceed with a business combination by way of a corporate Arrangement pursuant to the provisions of the Companies Act of Quebec. The Arrangement will effectively combine the assets of both companies on a consolidated basis, with Golden Goose Resources becoming a wholly-owned subsidiary of Kodiak.

  • Kodiak and Golden Goose Combine to Form Well-Financed Gold Company with Near Term Production Potential

    VANCOUVER, BRITISH COLUMBIA and MONTREAL, QUEBEC --(Marketwire - Aug. 31, 2010) - Kodiak Exploration Limited (TSX VENTURE:KXL)(FRANKFURT:KX3) ("Kodiak") and Golden Goose Resources Inc. (TSX VENTURE:GGR) ("Golden Goose") are pleased to announce that they have entered into a definitive merger agreement and plan of arrangement dated August 30, 2010 wherein Kodiak will acquire all of the issued and outstanding shares of Golden Goose. The principal asset of Golden Goose is the Magino Mine project located 40 kilometres northeast of the town of Wawa, Ontario. The Magino Mine, a past producing underground gold mine credited with production of over 105,000 ounces of gold, has a 43-101 compliant Measured and Indicated gold resources of 453,190 ounces (2,092,000 metric tonnes grading 6.74 grams/tonne gold) and Inferred gold resources of 1,178,120 ounces gold (5,829,000 metric tonnes grading 6.29 grams/tonne gold) at a cut-off grade of

  • Laurion Announces Drill Results on the Marge Vein, Sturgeon River, Beardmore, ON

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Laurion Mineral Exploration Inc. (TSX VENTURE:LME)(OTCBB:LMEFF) ("Laurion") announces the drill results from the Marge Vein, Sturgeon River Property, Beardmore, Ontario.

  • First Metals Inc. Receives Indenture Default and Interest Forbearance from Majority of Bond Holders

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - First Metals Inc. (TSX:FMA) ("FMA" or the "Corporation") today announced that the Corporation has received a forbearance from the majority of bond holders until November 1st, 2010 allowing debt restructuring discussions to progress and continued discussions with Kaskattama Inc.

    An interest payment of $130,900 due August 31st, 2010 will not be made by the Corporation which will put the Corporation in default under the indenture. The terms of the indenture provide that a 66 2/3 majority of the bondholders can forbear any action by the bond holders. Based on the current majority of bond holders who have signed forbearance resolutions, the Corporation is confident it would be able to secure the 66 2/3 majority if a meeting is required to be called in this resp

  • Sulliden Ramps Up Exploration Activities on Shahuindo

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Sulliden Gold Corporation Ltd. ("Sulliden", the "Company") (TSX:SUE)(OTCQX:SDDDF) is pleased to announce that four drills are now operating on the Shahuindo property in Peru to advance the largest and most extensive drilling program ever conducted on the site.

  • Rio Cristal Resources Completes US$3,284,098 Financing

    VANCOUVER, BRITISH COLUMBIA and LIMA, PERU--(Marketwire - Aug. 31, 2010) - Rio Cristal Resources Corporation (TSX VENTURE:RCZ)(BVLAC:RCZ) ("RCR" or the "Company") is pleased to announce that it has completed a non-brokered private placement of 38,636,450 units (the "Units") of the Company at the price of US$0.085 per Unit, each Unit consisting of one common share (a "Share") and one-half warrant (each whole such warrant, a "Warrant") for total proceeds of US$3,284,098. The Company intends to use the proceeds from the placement to advance drilling and other exploration at the Company's Bongara zinc and Condor gold projects, and for general corporate purposes including the evaluation of the La Cumbre copper project.

  • Sutter Gold Mining Secures US $3.65 Million Loan Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Sutter Gold Mining Inc. ("Sutter" or "SGM" or the "Company") (TSX VENTURE:SGM) is pleased to announce the agreement of an increase to the Company's existing secured loan facility ("the Facility") in the amount of US $3.65 million with RMB Australia Holdings Limited. The amount available under the amended Facility now totals US $7.90 million, of which US $3.56 million has been drawn through June 30, 2010. The Facility will now mature on June 30, 2011.

  • Glen Eagle Resources Inc.: Drilling

    MONTREAL, QUEBEC--(Marketwire - Aug. 31, 2010) - Glen Eagle Resources Inc. (TSX VENTURE:GER)("Glen Eagle Resources" or the "Company") is pleased to announce that all the preliminary work prior to drilling on the La Motte lithium project has been completed and past drill holes have been located, surveyed and ready for twinning to bring historical resources to NI 43-101 compliant. Drilling is scheduled to commence on September 7.

  • Goldstone Resources Key Lake Results

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Goldstone Resources Inc. ("Goldstone" or "the Company") (TSX:GRC)(PINK SHEETS:GRSZF) is pleased to announce the additional results from its 100% owned Key Lake drilling program located just west of Geraldton, Ontario. The Key Lake Property is contiguous to the Premier Gold/Goldstone Resources Hard Rock Project in Geraldton, Ontario where diamond drilling by the Company's partner, Premier Gold (TSX:PG), has established a significant gold resource at surface as well as high grade intersections at depth. The Company's current Key Lake drill program, estimated to total 15,000 metres, will focus on finding near surface gold mineralization amenable to open pit mining.

  • Lundin Reports 2010 Reserve & Resource Estimate

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Lundin Mining Corporation ("Lundin" or the "Company") (TSX:LUN)(OMX:LUMI) today reported its mineral reserve and resource estimates as at June 30, 2010, six months after the last release as at December 31, 2009. As advised when releasing the December estimates, Lundin has changed the timing of its mineral reserve and resource estimate to align the timing of updates with its annual planning process. Updates will occur annually hereafter.

  • Tarsis Drills 0.71% Copper and 0.41 g/t Gold over 7.80 meters at MOR, Yukon

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Tarsis Resources Ltd. (TSX VENTURE:TCC) ("Tarsis") is pleased to announce assay results from its recently completed diamond drilling program at its 100% owned MOR property, located in southern Yukon.

  • i-minerals Completes Infill Drilling of Halloysite-Kaolinite Bearing Primary Clay at WBL; Second Zone of Primary Clay Confirmed on Adjacent Ridge

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - i-minerals inc. (TSX VENTURE:IMA)(PINK SHEETS:IMAHF) has completed a 10 hole drilling program, totaling approximately 1200 feet, in the primary clay deposits that include the WBL Pit area. All holes intersected primary clay with thicknesses as much as 124 feet. The purpose of the program was to build upon prior results where primary clay was intersected over a very large area by tightening up the drilling in the most prospective areas such that the first resource calculation can be undertaken.

  • Lake Victoria Begins Drilling at Singida-Londoni Gold Project, Central Tanzania

    GOLDEN, COLORADO--(Marketwire - Aug. 31, 2010) - Lake Victoria Mining Company (OTCBB:LVCA) began Reverse Circulation (RC) drilling, Monday August 30th at the Sambaru Target 3, one of five drill targets, located at its central Tanzania, Singida-Londoni Gold Project. Commencing on schedule, the first three holes totalling 217 meters of the planned 6000-meter drilling program are complete.

  • Globex Acquires a Manganese-Iron Asset in New Brunswick

    ROUYN-NORANDA, QUEBEC--(Marketwire - Aug. 31, 2010) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) is pleased to inform shareholders that it has acquired 100% interest in a block of 28 claims covering 588 hectares and a strike length of 6 km in the Woodstock area of New Brunswick.

  • Globex fait l'acquisition d'un actif en fer et manganèse au Nouveau-Brunswick

    ROUYN-NORANDA, QUEBEC--(Marketwire - 31 août 2010) - ENTREPRISES MINIERES GLOBEX INC.(TSX:GMX)(FRANCFORT:G1M)(OTCQX:GLBXF) est heureuse d'informer ses actionnaires de son acquisition de 100 % d'intérêts dans un lot de 28 titres miniers couvrant 588 hectares et une longueur structurale de 6 Km dans la région de Woodstock au Nouveau-Brunswick.

  • Mustang Geothermal Corp. Completes Purchase of Geothermal Leases

    RENO, NEVADA--(Marketwire - Aug. 31, 2010) - Mustang Geothermal Corp. (the "Company" or "Mustang") (OTCBB:URXE) reports that it has completed the purchase of three geothermal leases totalling 9800 acres located in the State of Nevada from Minera Inc. and Minera Cerro El Diablo of Reno, Nevada and Dakota Resource Holdings LLC of Spearfish, South Dakota.

  • African Gold Group, Inc. Step-Out Hole RPA10-003 Intercepts 44 Meters of 2.11 g/t Au & 17 Meters of 1.65 g/t Au-New Gold Zone Opens Up Kobada South

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - African Gold Group, Inc. ("AGG" or the "Company") (TSX VENTURE:AGG) is pleased to report the analytical results for six (6) Step-Out Reverse Circulation ("RC") drill holes from the Company's recently completed (first half) 2010 Kobada, Mali gold project.

  • Stronghold Announces Dr. Michael J. Byron Joins Senior Management Team as Vice President of Exploration

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - STRONGHOLD METALS INC. ("Stronghold" or the "Company") (TSX VENTURE:Z) - Stronghold is pleased to announce that Dr. Michael J. Byron has accepted an offer to join the Company's senior management team as Vice President of Exploration. In that capacity Dr. Byron will be responsible for conducting all exploration and technical activities for Stronghold, including having overall responsibility for Stronghold's exploration activities, strategic planning, developing and managing exploration budgets and building the Company's technical team. In addition, as part of senior management Dr. Byron will provide his expertise to assist the Company in achieving its corporate strategy; which is to rapidly grow through a combination of exploration and development of its existing highly prospective projects, as well as aggre

  • Midland Exploration and North American Palladium Commence First Drilling Program on Laflamme

    MONTREAL, QUEBEC--(Marketwire - Aug. 31, 2010) - Midland Exploration Inc. ("Midland") (TSX VENTURE:MD), in partnership with North American Palladium Limited ("North American Palladium"), is pleased to report the start of an important diamond drilling campaign to test several new geophysical targets on its Laflamme Property, located approximately 25 kilometres west of the town of Lebel-sur-Quévillon, in the Abitibi region of Quebec.

  • Skyline Announces Appointment of Director Mr. Patrick Soares

    RICHMOND, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Skyline Gold Corporation (the "Company") (TSX VENTURE:SK) is pleased to announce that Mr. Patrick Soares, P.Geo. has been appointed as a member of the Board of Directors.

  • Exploration Midland et North American Palladium débutent un premier programme de forage sur Laflamme

    MONTREAL, QUEBEC--(Marketwire - 31 août 2010) - Exploration Midland inc. («Midland») (TSX CROISSANCE:MD), en partenariat avec North American Palladium Limitée («North American Palladium»), a le plaisir d'annoncer le début d'une importante campagne de sondages au diamant afin de tester plusieurs nouvelles cibles géophysiques sur sa propriété Laflamme située à environ 25 kilomètres à l'ouest de la ville de Lebel-sur-Quévillon en Abitibi, Québec.

  • United Mining Group Receives Conditional Approval for TSX Listing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - United Mining Group, Inc. (the "Company" or "UMG"), (CNSX:UMG)(MUN:UM8) is pleased to announce that the Toronto Stock Exchange (TSX) has conditionally approved the Company's common shares for listing on the TSX. The TSX has reserved the stock trading symbol "UMG" in anticipation of the commencement of trading of the Company's shares. 

  • Continental Gold Drills 14.3 Metres at 446g/t Gold and 166g/t Silver in the Veta Sur System, Buritica Gold Project, Colombia

    Veta Sur BUSY-79, intersected 14.3 metres at 446g/t gold and 166g/t silver including 3.0 metres at 2106.1g/t gold and 738.7g/t silver

    Other significant new Veta Sur intercepts include BUSY-66: 8.50 metres at 23.67g/t gold and 149g/t silver and BUSY-68: 4.70 metres at 85.44g/t gold and 71g/t silver

  • Castle Resources to Acquire 100% Interest in the Granduc Copper Mine, Stewart, B.C.

    - Over 420 million pounds of copper produced by Newmont and Esso Minerals from 1971 until 1984

    - Significant historical resource remains in place (Non NI 43-101 compliant)

    - Drill program underway to twin historical mineralized holes

  • NYMET Holdings Inc. (NYMH) August 31st, 2010 -- Vessel Arrives, Loading Process Commences as Part of $120 Million Purchase Contract

    NEW YORK, NY--(Marketwire - August 31, 2010) -  NYMET Holdings Inc. (PINKSHEETS: NYMH), an international metal recycling and trading company, with offices located in New York, Chicago, and India, announced the arrival of the vessel at port of loading and loading process has begun. The vessel was nominated to export the first shipment of 50,000 metric tons of iron ore to China. First Shipment is valued at approximately $7 million.

  • Notice and Access: Sino Vanadium Posts Second Quarter 2010 Results

    TORONTO, CANADA and XIAN, CHINA--(Marketwire - Aug. 31, 2010) -

  • Erin Granted License for Serbian Boron Property

    VICTORIA, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - Erin Ventures Inc. (TSX VENTURE:EV) is pleased to report that it has been granted an exploration license for the Piskanja boron deposit in Serbia, by the Serbian Ministry of Mining and Energy. The license covers an area of approximately 3 square kilometres, and includes the entire known historical mineralized area along with a substantial amount of previously unexplored ground. This development signals the return of the entire license area previously held by Erin Ventures.

  • Levon Closes Bought Deal and Non-Brokered Financings for Gross Proceeds of $11,100,000

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) -

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

  • ICN Acquires Nevada Property, Located South of the Sleeper Mine

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - ICN Resources Ltd. ("ICN" or the "Company") (TSX VENTURE:ICN) is pleased to announce the 100% acquisition of 358 unpatented lode mining claims. The claims cover approximately 3000 hectares (7400 acres) and lie along the west flank of the Slumbering Hills in Humboldt County, Nevada. These claims are located between the well-known Sleeper Mine (Paramount Gold & Silver Corp.) and the newly discovered mineralization at the Sandman Project (Fronteer Gold - Newmont Mining JV). The Property is immediately north and west of Sandman, and adjoins ICN's recently staked Dunes Project.

  • Ruby Creek Resources Will Present at the Rodman & Renshaw Annual Global Investment Conference on September 15, 2010

    NEW YORK, NY and DAR ES SALAAM, TANZANIA--(Marketwire - August 31, 2010) - Ruby Creek Resources, Inc. (OTCBB: RBYC), an exploration and mining company with operations in Tanzania, will present at the Rodman & Renshaw Annual Global Investment Conference at the New York Palace Hotel in New York City on September 15, 2010 at 3:40 p.m. Eastern Daylight Time.

  • Rare Earth Metals Reports More Encouraging Assay Results from Its Letitia Lake/Red Wine Property in Labrador and the Optioning of Additional Claims in the Area

    THUNDER BAY, ONTARIO--(Marketwire - Aug. 31, 2010) - Rare Earth Metals Inc ("Rare Earth Metals", "RA" or the "Company") (TSX VENTURE:RA) is pleased to report additional trench and prospect sampling results from its Letitia Lake/Red Wine property in west central Labrador. Significant Rare Earth Element, Niobium and Beryllium mineralization has now been identified over a 52 km strike length of the belt. The Company has been carrying out an extensive exploration program including, airborne surveying, prospecting, geological mapping and trenching/channel sampling to prioritize the numerous target areas (see previous press release dated July 20, 2010). In addition, a 2000 meter diamond drill program was started on August 15, 2010. The Company would also like to announce the acquisition of additional claims in the area through the completion of two new option agre

  • Teras Resources to Commence Drilling at the Cahuilla Project

    CALGARY, ALBERTA--(Marketwire - Aug. 31, 2010) - Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA) is pleased to announce that the Company has obtained the approved permits to initiate its phase 1 drill program at the Cahuilla gold-silver project in Imperial County, California. The Cahuilla Project is a large epithermal, paleo-hot springs system hosting multiple bonanza-grade veins that occur within an extensive body of disseminated gold-silver mineralization. For further information on the Cahuilla project see the NI 43-101 Technical report entitled "Cahuilla property 43-101 technical report", dated October 25, 2007 prepared by Todd Wakefield, MAusIMM of AMEC E&C services filed on Sedar on November 15, 2007.

  • Sparton Reports Second Quarter Financial Results

    Revenue of $621,524 for the First Six Months of 2010

  • Airborne Results Reveal Major Gold Zone Signature and New Drill Targets on Sian/Praso, Ghana

    - The airborne geophysical results, as interpreted by Geotech Airborne Limited, demonstrate that Sian and Praso are well located on the main NNE and ENE trends that host gold deposits elsewhere on the Ashanti Gold Belt;

    - The highest priority drill target identified by Geotech Airborne Limited shows the signature of a significant gold alteration zone, similar to those that control major deposits on the Ashanti Gold Belt, thereby confirming significant potential for a major discovery on Sian and Praso.

  • Energizer Resources Releases Assay Results, Drills 1.17% V2O5 Over 84 Metres on Green Giant Vanadium Project, Madagascar

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Energizer Resources Inc. (formerly Uranium Star Corp.) (TSX VENTURE:EGZ)(OTCBB:ENZR)(FRANKFURT:YE5) ("Energizer" or "the Company") is pleased to announce assay results from its 2010 drill program for its Green Giant Vanadium Project in Madagascar. Highlights of the assay results received to date are as follows:

    • 0.91% V2O5 over 154 metres, including 1.17% V2O5 over 84 metres (Hole MM-01)
    • 0.75% V2O5 over 98.5 metres, including 0.80% V2O5 over 75 metres (Hole M-87)
    • 0.84% V2O5 over 21 metres, including 0.98% V2O5 over 10.5 metres (Hole M-59)
    • 0.78% V2O5 over 24 metres, including 0.95% V2O5 over 9 metres (Hole M-58)
    • 0.73% V2O5 over 85.5 metres, including 0.92% V2O5 over 14.4 metres (Hole
  • Mines Richmont obtient des résultats de forage préliminaires favorables à sa propriété Wasamac; la campagne de forage est augmentée à 15 000 mètres

    MONTRÉAL, QUÉBEC, CANADA--(Marketwire - 31 août 2010) - Mines Richmont inc. (TSX:RIC)(NYSE Amex:RIC), (« Richmont » ou la « Compagnie ») a le plaisir d'annoncer que les travaux de forage d'exploration effectués à la propriété Wasamac ont généré des résultats préliminaires favorables.

  • Amazon Provides Corporate Update

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Amazon Mining Holding Plc (TSX VENTURE:AMZ) ("Amazon" or the "Company") reported its unaudited interim consolidated financial statements for the three month period ended June 30, 2010 and provides the following corporate update.

    During the three-month period ended June 30, 2010, Amazon incurred a net loss of $1,094,372 compared to a net loss of $1,035,230 for the three-month period ended June 30, 2009. The larger loss in the second quarter of 2010 was due to exploration expenditure write-offs related to the decision not to continue the Caximbo and Mimoso projects. Amazon currently has a working capital position of approximately $5.4MM. The Company maintains a strong cash position and continues advancing the Cerrado Verde Potash project ("Cerrado Verde project").

  • New Pacific Metals Corp.: YS Mining Application Dismissed by B.C. Securities Commission

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) - New Pacific Metals Corp. (TSX VENTURE:NUX) ("New Pacific"), announces that at the August 30, 2010 hearing of the B.C. Securities Commission ("BCSC") the BCSC has dismissed YS Mining Company Inc.'s application for a cease trade order in connection with the take-over bid by New Pacific for all of the outstanding common shares and the offer to purchase all the debt of Tagish Lake Gold Corp. ("Tagish Lake") (the "Offer"). 

  • Valdez Gold Finalizes Agreement to Sell its Los Jarros and Jarros Norte Properties in Chihuahua, Mexico to Gammon Gold

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Valdez Gold Inc.(TSX VENTURE:VAZ) ("Valdez" or the "Company") is pleased to announce that it has signed a definitive agreement with Gammon Gold Inc. (TSX:GAM)(NYSE:GRS), or ("Gammon") pursuant to which Gammon will have the right to acquire Valdez' Los Jarros and Jarros Norte Properties (the "Properties") in Chihuahua, Mexico by making successive payments over a four year period aggregating US $2.5 million. The required option payments would be as follows:

  • Richmont Mines Obtains Favourable Preliminary Drilling Results on its Wasamac Property; Drilling Program Expanded to 15,000 Metres

    MONTREAL, QUEBEC, CANADA--(Marketwire - Aug. 31, 2010) - Richmont Mines Inc. (TSX:RIC)(NYSE Amex:RIC), ("Richmont" or the "Company") is pleased to provide preliminary drilling results for its Wasamac exploration property.

  • Advanced Explorations Inc. to Conclude Deal With China's XinXing Pipes Group

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to announce that XinXing Pipes Group Co., Ltd. ("XXP") has completed its initial review and site visit of the Roche Bay project and based on their positive assessment have committed to finalizing negotiations to a formal agreement by October 15, 2010. Subsequent discussions with XXP's led to a number of changes to the original July 19th Memorandum of Understanding (the "Agreement") in order to facilitate the implementation of a strategic investment and alignment with other potential complimentary investors. The key points to the supplemental agreement are: 

  • Rainy River Infill Drilling Returns 407.9 g/t Gold (11.9 oz/ton) Over 4.5 Metres in ODM Zone

    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - Rainy River Resources Ltd. ("Rainy River" or the "Company") (TSX VENTURE:RR) is pleased to announce drill results from the Rainy River Gold Project in Northwestern Ontario. 

  • Lydian Intersects 95m at 1.7g/t Gold at Erato, 900m North of the Resource Envelope & 92m at 1.2g/t in Resource Upgrade Drilling at Amulsar; Armenia

    Resource Extension Drilling Opens Up Potential to the North and West and Step-Out Drilling Identifies More Gold to the Southeast

  • Mineral Mountain Resources Signs Definitive Agreement to Option a 60% Interest in the Main Block Gold Property in the Shining Tree Mining Camp

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - Mineral Mountain Resources Ltd. (TSX VENTURE:MMV) ("Mineral Mountain") is pleased to report that it has signed a definitive Option Agreement with Golden Harp Resources Inc. (TSX VENTURE:GHR) ("Golden Harp or the "Company") on its Main Block Gold Property in the Shining Tree Mining Camp.

  • Timmins Gold Corp.: Operating and Financial Results for the Three Months Ended June 30, 2010

    San Francisco Mine Generates $1.9 Million in Net Profits Before Tax

  • Energy 1 Corp. Short Lists Manufacture for Its ExhausTek and IonTek Emission and Energy Saving Technologies

    SOUTHFIELD, MI--(Marketwire - August 31, 2010) -  Energy 1 Corp. (PINKSHEETS: EGOC) (FRANKFURT: D8i) today announced that it has short listed several manufactures for its ExhausTek and IonTek emission and energy saving technologies. 

  • Pancon Completing the 50% Earn-In on Its Australian Uranium Properties; Plans to Raise Up to $625,000

     VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2010) -

    NOT FOR DISSEMINATION INTO THE USA

  • Gold Resource Corporation Declares Second Special Cash Dividend

    DENVER, CO--(Marketwire - August 31, 2010) -  Gold Resource Corporation (GRC) (NYSE Amex: GORO) is pleased to announce it has declared its second 2010 Special Cash Dividend of $0.03 per common share to its shareholders of record September 17th, payable September 29th, 2010. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

  • ECU Silver Discovers New Vein on the Chicago Property
    TORONTO, ONTARIO--(Marketwire - Aug. 31, 2010) - ECU Silver Mining Inc. (TSX:ECU) is pleased to report on the first of two newly discovered veins on the Chicago Property. As reported in the press release dated August 25, 2010, ECU identified two new veins plus a high grade extension of the known Gambusinos Vein, all within the Chicago Property. Recently, a drift was opened along the first of the newly discovered veins, named the Escondida Vein, over a total length of 195 metres (640 feet). The Company has received assays for the first 165 metres (540 feet) which graded an average of 7.21 grams per tonne (g/t) gold (Au), 346 g/t silver (Ag), 6.55% lead and 7.45% zinc over an average width of 0.33 metres (1 foot). Assays were based on 50 cuts separated by approximately 3 metres (10 feet) each, with the best cut grading 39.73 g/t Au, 618 g/t Ag, 7.25% lead and 6.39% zinc over an average width of 0.30 metres (1 foot).

    Vena to Draw Down on Standby Equity Distribution Agreement

    TORONTO, ONTARIO--(Marketwire - Aug. 30, 2010) - Vena Resources Inc. (the "Company" or "Vena Resources") (TSX:VEM)(LIMA:VEM)(FRANKFURT:V1R)(OTCBB:VNARF) announces that today it has provided YA Global Master SPV, Ltd. ("YA Global"), a fund managed by Yorkville Advisors, LLC, with notice of its intention to draw down $150,000 under its previously announced standby equity distribution agreement ("SEDA").

  • Noranda Income Fund Receives Requisition for Unitholder Meeting

    VALLEYFIELD, QUEBEC--(Marketwire - Aug. 30, 2010) - Noranda Income Fund (the "Fund") (TSX:NIF.UN) announced today that a requisition has been received requesting that Computershare Trust Company of Canada, the Fund Trustee, call a special meeting of the unitholders of the Fund to consider removing from office all of the independent trustees of Noranda Operating Trust currently in place and replacing them with trustees to be nominated by the requisitioning beneficial unitholders. The board of trustees of Noranda Operating Trust is reviewing the requisition together with its counsel and will update the market in due course.

  • Le Fonds de revenu Noranda reçoit une demande pour la convocation d'une assemblée des détenteurs de parts

    VALLEYFIELD, QUEBEC--(Marketwire - 30 août 2010) - Le Fonds de revenu Noranda (le « Fonds ») (TSX:NIF.UN) a annoncé aujourd'hui qu'une demande a été reçue demandant que Société de fiducie Computershare du Canada, le fiduciaire du Fonds, convoque une assemblée spéciale des détenteurs de parts du Fonds afin d'étudier la possibilité de destituer tous les fiduciaires indépendants de la Fiducie d'exploitation Noranda actuellement en poste et de les remplacer par des fiduciaires à être désignés par les détenteurs bénéficiaires de parts ayant fait la demande. Le conseil des fiduciaires de la Fiducie d'exploitation Noranda révise présentement la demande en compagnie de ses conseillers et mettra le marché à jour en temps opportun.

  • International Millennium Mining Corp. Reports 2nd Quarter Results

    NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - International Millennium Mining Corp. (the "Company") (TSX VENTURE:IMI) (FRANKFURT:L9J) reports its 2nd Quarter 2010 financial statements and MD&A (the "Quarterly Report") for the 2nd Quarter ended June 30, 2010 (BC Form 51-102F1). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report. 

  • Empire Industries Reports 2010 Second Quarter Results, Appointment of Independent Board Chair

    WINNIPEG, MANITOBA--(Marketwire - Aug. 30, 2010) - Empire Industries Ltd. (TSX VENTURE:EIL) today reported its financial results for the second quarter ended June 30, 2010. The consolidated financial statements and MD&A for the second quarter of 2010 have been filed on SEDAR and can be viewed at www.sedar.com or at www.empind.com.

  • Gold Hawk Files Second Quarter Financial Results

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE:GHK) announces today that it has filed on SEDAR.com its financial results for the three and six months ended June 30, 2010.

  • Sandstorm Resources Announces First Gold Sales and Provides Update on Luna Gold's Aurizona Mine

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - Sandstorm Resources Ltd. ("Sandstorm") (TSX VENTURE:SSL) is pleased to announce the first gold sales from its gold streaming transaction with Luna Gold Corp. ("Luna"). Luna has begun extracting gold from both the gravity circuit and the cyanide leach system of its Aurizona mine in Brazil, of which Sandstorm is entitled to purchase 17% at $400 per ounce. Luna has also approved a US$5 million exploration program to be completed in the balance of 2010 of which the bulk of that amount will be dedicated to exploration in the Aurizona main area ("Aurizona Main") under which the Sandstorm agreement is in place.

  • East Asia Minerals Corporation: Stock Option Grants

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - East Asia Minerals Corporation (the "Company") (TSX VENTURE:EAS) wishes to announce that it has entered into stock option agreements granting the right and option to purchase 3,095,000 common shares of the Company at $5.89 per common share exercisable in whole or in part on or before five years from August 30, 2010.

  • Riva Gold Corporation Receives Approval for Early Adoption of International Financial Reporting Standards

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - Riva Gold Corporation ("Riva" or "the Company") is pleased to announce its application for an exemption from the requirement under National Instrument 52-107 to prepare financial statements in accordance with Canadian Generally Accepted Accounting Principles ("GAAP"), in order to facilitate early adoption by the Company of International Financial Reporting Standards ("IFRS"), has been approved by the applicable Canadian securities regulators. As Riva was incorporated on March 31, 2010, the Company has chosen to adopt IFRS early and will commence reporting under these standards beginning June 30, 2010, with a date of transition being the date of incorporation of the Company.

  • Centurion Adopts Shareholder Rights Plan

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - Centurion Minerals Ltd. (TSX VENTURE:CTN) ("Centurion", or "the Company") announces that it has adopted a Shareholder Rights Plan (the "Rights Plan"), similar to those of other Canadian public companies.

  • Active Growth Capital Inc. Announces Termination of Qualifying Transaction

    TORONTO, ONTARIO--(Marketwire - Aug. 30, 2010) - Active Growth Capital Inc. (TSX VENTURE:ACK.P) (the "Company") announces that by mutual agreement, it has formally terminated the letter of intent entered into between the Company and Alpaca Resources Inc. (a non-reporting issuer) ("Alpaca") to acquire, through a to-be-incorporated, wholly owned subsidiary of the Company, all of the issued and outstanding securities of Alpaca.

  • MagIndustries Update on Proposed Transaction with COMPLANT

    TORONTO, CANADA--(Marketwire - Aug. 30, 2010) - As reported in its Press Release of July 26, 2010, MagIndustries Corp. ("MagIndustries" or the "Company")(TSX:MAA) (the "Company") and COMPLANT had agreed on material commercial terms under which COMPLANT would acquire a controlling interest in the Company's Mengo Potash Project in the Republic of Congo. The parties have proceeded with the drafting of a Project Development Agreement ("PDA") reflecting these terms. The PDA was scheduled to be signed by both parties in Toronto by the end of August 2010, subject to the completion and results of final due diligence and technical evaluation by COMPLANT and receipt of authorizations by the boards of directors of each party. Meetings took place between senior managers of the two companies in Toronto but the expected approval from COMPLANT's controlling shareholder, State Development and Investment Commission ("SDIC") (a Chinese State

  • Explorator Resources Reports on Drilling at El Espino-Results Continue to Add Confidence to Existing Resource Model and Extend Mineralization Beyond Previous Limit Boundaries

    TORONTO, ONTARIO--(Marketwire - Aug. 30, 2010) - Explorator Resources Inc. ("Explorator" or the "Company") (TSX VENTURE:EXO) through its subsidiary Explorator SCM ("Explorator Chile", 51% owned by Sociedad Punta del Cobre S.A. and 49% owned by Explorator) reports results of an ongoing drilling campaign at the El Espino project in Chile.

    The diamond drill program for 2010 is currently budgeted to include a total of 20,425 meters in 95 holes. A total of 4,966 meters of diamond drilling in 23 holes were completed in the second quarter of 2010. Of these, 22 were drilled in the Rachel Zone and one was drilled in the La Viuda Zone, (see plan at end of release).

  • First Nickel Arranges US$5 Million Bridge Loan Facility

    TORONTO, ONTARIO--(Marketwire - Aug. 30, 2010) - First Nickel Inc. ("First Nickel" or the "Company") (TSX:FNI) announces that it has entered into a commitment letter with Resource Capital Fund IV L.P. ("RCF") for a US$5 million bridge loan facility maturing on December 31, 2013 (the "Facility"). The proceeds of the Facility will be used to commence capital development activities at the Lockerby Mine that will expedite launch of the full capital development project when full financing for the project is arranged. The Facility will close on or about September 1, 2010 and is subject to certain closing conditions, including the approval of the Toronto Stock Exchange and entering into definitive documentation.

  • Non-Bank Financial Institutions Regulatory Authority of Botswana Grants "Local Asset Status" to Hana Mining Ltd.

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - Hana Mining Ltd., ("Hana" or the "Company") (TSX VENTURE:HMG)(FRANKFURT:4LH) is pleased to announce that it has been granted "local asset status" by the Non-Bank Financial Institutions Regulatory Authority of Botswana ("NBFIRA"). NBFIRA is the regulatory authority responsible for the regulation and orderly market conduct of all non-bank financial institutions registered within the Republic of Botswana.

  • Explorator Resources Reports on Q2 2010 Financial Results

    TORONTO, ONTARIO--(Marketwire - Aug. 30, 2010) - Explorator Resources Inc. ("Explorator" or the "Company") (TSX VENTURE:EXO) reports its financial results for Q2 2010. Set out herein are the highlights for the quarter. A full version of the Q2 2010 Financial Statements and Management Discussion and Analysis of the Company is available on the Company's web site at www.explorator.ca and will be available on SEDAR at www.sedar.com.

  • Olympus Pacific Minerals Inc.: Announcement

    TORONTO, ONTARIO--(Marketwire - Aug. 30, 2010) - Olympus Pacific Minerals Inc. (TSX:OYM)(ASX:OYM)(OTCBB:OLYMF)(FRANKFURT:OP6) (the "Company" or "Olympus").

  • Aurora Gold Corporation Announces That It Has Commenced a Resource Definition Drill Program at the Front Range Project at Gold Hill Colorado

    ZUG, SWITZERLAND--(Marketwire - August 30, 2010) -  Aurora Gold Corporation (the "Company," or "Aurora") (OTCBB: ARXG), a mineral exploration company focusing on exploration and development in the Tapajos Gold Province, State of Pará, Brazil, and the Front Range Gold Project located in Boulder County, Colorado.

  • Xtierra Reports Half Year Ended June 30, 2010

    TORONTO, ONTARIO--(Marketwire - Aug. 30, 2010) - Xtierra Inc. (TSX VENTURE:XAG) ("Xtierra" or the "Company"), reports that it has filed its second quarter and half year results for the six months ended June 30, 2010. All dollar amounts are expressed in U.S. dollars until otherwise noted.

  • Sandspring Appoints Technical Coordinator for the Toroparu Project

    TORONTO, ONTARIO--(Marketwire - Aug. 30, 2010) - Sandspring Resources Ltd. (TSX VENUTRE:SSP) (the "Company" or "Sandspring") is pleased to announce the appointment of Mr. Dennis Kerstiens as Technical Coordinator for the Toroparu Project.

  • Dia Bras Releases Second Quarter 2010 Results

    MONTREAL, QUEBEC--(Marketwire - Aug. 30, 2010) - Dia Bras Exploration Inc. (TSX VENTURE:DIB) ("Dia Bras") ("the Company") announces the results for the three and six-month periods ended June 30, 2010. All currency in this release is in Canadian dollars unless otherwise indicated. For a full explanation of results, the unaudited Interim Consolidated Financial Statements, Management Discussion & Analysis of the Company and mining statistics, please visit the Company's website at www.diabras.com or on SEDAR at www.sedar.com.

  • Sinchao Metals Corporate Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - The Board of Directors of Sinchao Metals Corp. (TSX VENTURE:SMZ) (the "Company" or "Sinchao") is pleased to provide highlights of the annual general meeting that took place in Vancouver, BC, on August 30, 2010.

  • Del Toro Silver Announces Entry Into Convertible Debenture and Proposed Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) -

  • Great Quest Adds to its Kenieba Gold District Concessions

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - Victor Jones, Chairman of Great Quest Metals Ltd. (TSX VENTURE:GQ)(FRANKFURT:GQM), is very pleased to announce the signing of an option agreement by its wholly owned Malian subsidiary to acquire the 42 square kilometre Fambina gold concession in western Mali. This concession is partially contiguous with and east and south of its Sanoukou gold concession, which in turn is immediately south of the Company's former Kenieba concessions, sold to Avion Gold Corp. earlier this year.

  • Amseco Grants Share Purchase Options

    MONTREAL, QUEBEC--(Marketwire - Aug. 30, 2010) - Amseco Exploration Ltd. (TSX VENTURE:AEL) ("Amseco") announces the grant of the following share purchase options:

    Lyne Plante 50,000

  • Amseco octroie des options d'achat d'actions

    MONTRÉAL, QUÉBEC--(Marketwire - 30 août 2010) - Exploration Amseco Ltée. (TSX CROISSANCE:AEL) ("Amseco") annonce l'octroi des options d'achat d'actions suivantes:

    Lyne Plante 50,000

  • Crown Minerals Inc. and Gold Summit Corporation Complete Arrangement to Form Crown Gold Corporation

    TORONTO, ONTARIO--(Marketwire - Aug. 30, 2010) -

    NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.

  • Rolling Rock Grants Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - Rolling Rock Resources Corporation (the "Company") (TSX VENTURE:RLL) - The Board of Directors of the Company has today granted stock options to directors, officers, employees and consultants to purchase 1,000,000 common shares of the Company, exercisable for up to five years at a price of $0.12 per share, which is the last closing price of the Company's shares prior to the date of grant. The options granted will vest immediately and will be subject to any applicable regulatory hold periods.

  • Rusoro Reports Q2 2010 Results

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - Rusoro Mining Ltd. (TSX VENTURE:RML) ("Rusoro" or "the Company") Q2 2010 consolidated financial statements and management's discussion and analysis ("MD&A") have been filed on SEDAR (www.sedar.com).

  • Frontline Gold Closes Financing With MineralFields Group

    HALIFAX, NOVA SCOTIA--(Marketwire - Aug. 30, 2010) -

    NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES OF AMERICA

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