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Allied Nevada Reports 2009 Net Income of $8.5 Million or $0.13 Per Share
Cost of Sales per Ounce of Gold Sold of $392 in 2009
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Silver Quest Resources Ltd.: Options Granted
VANCOUVER, BRITISH COLUMBIA--(Marketwire -
March 11, 2010) -
Silver Quest Resources Ltd. (TSX VENTURE:SQI) (the "Company") wishes to
announce the granting of incentive stock options to certain directors, officers
and employees to purchase up to 1,000,000 common shares under the Company's
Incentive Stock Option Plan. The options will be granted for a period of five
(5) years, commencing on March 11, 2010, exercisable at a price of $0.40 per
share.
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Denison Mines Corp. Reports 2009 Results
TORONTO, ONTARIO--(Marketwire - March 11, 2010) - Denison Mines Corp. ("Denison" or the "Company") (TSX:DML)(NYSE Amex:DNN) today reported its financial results for the three months and year ended December 31, 2009. All amounts in this release are in U.S. dollars unless otherwise indicated. For a more detailed discussion of the Company's financial results, see management's discussion and analysis ("MD&A"), a copy of which is attached to this release.
F
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Hudson Announces Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) -
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Condor Resources Inc.: Warrants Exercised-Consultant Engaged
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - Condor Resources Inc. ("Condor" or the "Company") (TSX VENTURE:CN) is pleased to provide the following corporate update.
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Amerigo's Chilean Operations Unharmed by Aftershocks
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - Amerigo Resources Ltd. ("Amerigo" or the "Company") (TSX:ARG) announced today that operations at Minera Valle Central ("MVC"), the Company's Chilean subsidiary, were not affected by the several aftershocks which took place in Chile earlier today. All MVC staff are safe and accounted for and MVC remains in full production.
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Goldcorp Operating Cash Flow Exceeds $1.2 Billion on Record 2009 Gold Production
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - GOLDCORP INC. (TSX:G)(NYSE:GG) today reported gold production of 601,300 ounces at a total cash cost(1) of $289 per ounce for the quarter ended December 31, 2009. Fourth quarter adjusted net earnings(2) amounted to $182.7 million, or $0.25 per share, and operating cash flows before working capital changes(3) for the fourth quarter was $307.6 million or $0.42 per share. For the year, Goldcorp produced 2.42 million ounces of gold at a total cash cost of $295 per ounce, generating adjusted net earnings of $588.2 million or $0.80 per share and operating cash flows before working capital changes of $1.2 billion or $1.61 per share.
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Genco Closes Final Tranche of $4.77 Million Placement
VANCOUVER,
BRITISH COLUMBIA--(Marketwire - March 11, 2010) -
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Imperial Reports Cdn$14 Million Unsecured Convertible Debentures Converted Into Common Shares
VANCOUVER, BRITISH
COLUMBIA--(Marketwire - March 11, 2010) - Imperial Metals Corporation (TSX:III) reports that the holders of the balance of its
outstanding 6% Unsecured Convertible Debentures issued on March 9, 2005 have
elected to convert their aggregate principal amount of $13,980,000 into
1,616,173 common shares of the Company at the conversion price of $8.65 per
share.
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Harte Announces TSX Venture Approval of Option to Purchase Sugar Zone Property
TORONTO, ONTARIO--(Marketwire - March 11, 2010) - HARTE GOLD CORP. ("Harte") (TSX VENTURE:HRT)(FRANKFURT:H4O) is pleased to announce that the TSX Venture Exchange has approved the 0ption to acquire Corona Gold Corp.'s ("Corona") 51% interest in the Sugar Zone Property (the "Option") announced March 8, 2010.
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Santa Fe Metals Announces Completion of Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - Santa Fe Metals Corp. (TSX VENTURE:SFM) -
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Antares Exercises Option to Acquire 100% Interest in Haquira Cu-Mo-Au Project, Peru
WATERDOWN, ONTARIO--(Marketwire - March 11, 2010) - Antares Minerals Inc. ("Antares") (TSX VENTURE:ANM) is pleased to announce it has exercised its option to acquire a 100% interest in the Haquira Cu-Mo-Au project in southern Peru by completing payments totaling US$15 million to Minera Phelps Dodge del Peru S.A.C. ("MPDP") prior to the March 4, 2010 expiry of the five year option period (please see Antares press release dated March 17, 2005 for details of the original option agreement). The process of title transfer will be completed as soon as practical and will most likely be finalized prior to the end of March, 2010.
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Secure Runway Systems Announces Letter of Intent for Ontario Gold Property
TORONTO--(Marketwire - March 11, 2010) - Secure Runway Systems (PINKSHEETS: SRWY) is pleased to announce that it has entered into a Letter of Intent dated March 10, 2010 with International Explorers and Prospectors Inc. and Explorers Alliance Corp., which are both private companies.
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Sunergy Advances Due Diligence on Proposed Acquisition of 57 sq. km. Full Prospecting Licensed Mining Concession in Ghana, West Africa
SCOTTSDALE, AZ--(Marketwire - March 11, 2010) - Sunergy, Inc. (the "Company") (OTCBB: SNEY) reports it has completed two of the three stages of due diligence required for the Company to close the acquisition proposed in our February 25, 2010 Press Release to purchase a 57 sq. km. 2 year renewable full prospecting license for gold, silver, diamonds and base metals located along the Offin River about 25 miles NE of our Nyinahin concession. This acquisition, when finalized, will increase our land position to 207 sq. km. with substantial exploration/development area along the famous Offin River.
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Ressources Minières Pro-Or Inc. : Demande de prolongation de l'échéance des bons de souscription
MONTRÉAL, QUÉBEC--(Marketwire - 11 mars 2010) - Ressources Minières Pro-Or Inc. (TSX CROISSANCE:POI) annonce que sous réserve des approbations requises des autorités de réglementation, elle prolongera jusqu'au 23 mars 2011, la date d'expiration de bons de souscription ayant été émis à l'occasion d'un placement privé, dont la clôture a eu lieu le 23 mars 2009.
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Acquisition of Two Gold Exploration Properties in the Urban-Barry Mining Camp, Quebec
MONTREAL, QUEBEC--(Marketwire
- March 11, 2010) - Amseco Exploration Ltd. (TSX VENTURE:AEL) ("Amseco")
is happy to announce the signature of an acquisition agreement for a 100%
interest in two claim blocks that make up the Urban-Oasis property located in
the Carpiquet township of Quebec which is some 100 km east of
Lebel-sur-Quévillon in the Abitibi region. Amseco is acquiring the properties
from Jean (40%) and Gérard Robert (20%), Les Explorations Carat Inc. (20%) and
Diane Audet (20%) all from the Val d'Or, QC, area. The property consists of
eleven (11) map designated mining claims («CDC») and 5 staked claims for a
total area of 696 hectares.
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Acquisition de deux propriétés aurifères dans le camp minier Urban-Barry, au Québec
MONTREAL, QUEBEC--(Marketwire - 11 mars 2010) - Exploration Amseco Ltée. (TSX CROISSANCE:AEL) ("Amseco") est heureuse d'annoncer la signature d'une entente d'acquisition pour acquérir cent pourcent (100%) de deux blocs de claims qui forment la propriété Urban-Oasis située dans le canton Carpiquet, à quelques 100 kms à l'est de Lebel-sur-Quévillon en Abitibi, au Québec. Amseco achète ces propriétés de Jean (40%) et Gérard Robert (20%), Les Explorations Carat Inc. (20%) et Diane Audet (20%) tous de la région de Val d'Or, QC. Elle couvre onze (11) claims miniers désignés sur carte («CDC ») et 5 claims jalonnés pour une superficie totale de 696 hectares.
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Northern Gold Announces New Investor Relations Consultant and Company Auditor, Grants Stock Options
TORONTO, ONTARIO--(Marketwire - March 11, 2010) - Northern Gold Mining Inc. ("Northern Gold" or "the Company") (TSX VENTURE:NGM) is pleased to announce that, subject to regulatory approval, it has retained the services of JM Corp. to provide various investor relations consulting services for the Company in connection with Northern Gold's interactions with broker-dealers, securities advisors, investment funds, and members of the investment community. JM Corp., a Toronto based investor relations consultancy of which Paul MacDonald is the principle, specializes in small to mid cap public companies and provides its clients with capital markets advice. JM Corp also provides assistance with company road shows, facility and site visits, and corporate presentations to investors. Northern Gold will pay JM Corp. a monthly fee of $6,000 under a six months contract which either party may terminate on written notice. Pursuant to
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Central Iron Ore Limited: Sale of British King and Eureka Gold Mines
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) -
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IBC Advanced Alloys Corp. Approved to File Final Short Form Prospectus for C$9,000,000 Unit Offering
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - IBC Advanced Alloys Corp. (TSX VENTURE:IB) ("IBC" or the "Company") announces that it has been given approval by the British Columbia Securities Commission to file a final short-form prospectus (the "Final Prospectus") with securities regulatory authorities in the provinces of British Columbia, Alberta, and Ontario in connection with a best efforts offering of units (the "Units") of IBC (the "Offering") to raise gross proceeds of up to C$9,000,000, subject to a 15% over-allotment option. The Offering is being led by Union Securities Ltd. and Pope & Company Limited (collectively, the "Agents").
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Lomiko Metals Inc. Lithium Property Information Available to 100,000 US Investment Advisors Through S&P Listing
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11,
2010) - LOMIKO
METALS INC. (TSX VENTURE:LMR)(PINK SHEETS:LMRMF)(Europe: ISIN: CA54163Q1028,
WKN: A0Q9W7) ("Lomiko" or "the Company") is pleased to announce that its company
information will be made available via Standard & Poor's Market Access
Program, an information distribution service that enables subscribing publicly
traded companies to have their company information disseminated to users of
Standard & Poor's Advisor Insight.
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Century Mining Reduces Debt
BLAINE,
WASHINGTON--(Marketwire - March 11, 2010) - Century Mining Corporation ("Century" or
the "Company") (TSX VENTURE:CMM) announced today that it has reached a
settlement with MRI of Switzerland on its outstanding $1.0 million debt
facility by the issuance of 3,571,429 common shares of the Company at a deemed
issue price of $0.28 and 250,000 warrants exercisable at $0.40 for a period of
18 months. The issuance of the shares and warrants is subject to
compliance with applicable securities laws and approval by the TSX Venture
Exchange. The shares will be subject to a hold period of four months. In
addition, all matters regarding the claim and counterclaim have been resolved.
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BonTerra Acquires Windfall Lake Properties in Quebec
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - BonTerra Resources Inc. (TSX VENTURE:BTR) (FRANKFURT:9BR) (the "Company") announces that it has entered into an agreement to acquire a 100-per-cent interest in ground near the Windfall lake property of Eagle Hill Exploration Corp. in the Abitibi mineralized belt of Northern Quebec. This area between Val d'Or and Chibougamau is known for its gold and copper production and excellent infrastructure for exploration and mining.
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Allied Gold Limited: Board Appointment
TORONTO, ONTARIO--(Marketwire - March 11, 2010) -
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Aldrin Announces $5 Million Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwire -
March 11, 2010) - Aldrin Resource Corp.
("Aldrin") (TSX VENTURE:ALN) announces that it is proceeding with a
$5 million private placement consisting of up to 10,000,000 units at $0.50 per
unit (the "Offering"). Each unit will be comprised of one common share and one
half of a common share purchase warrant. Each full warrant is exercisable into
one additional Aldrin common share at $0.75 per share for a period of 18 months
from closing. Exercise of the warrants will be accelerated in the event
Aldrin's common shares trade at a price of $1.50 or greater during the exercise
term. Proceeds of the Offering will be used to complete drilling and
exploration on Aldrin's properties in the Yukon Territory, for future acquisitions
and working capital.
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Hinterland Resumes Drilling at Lockout Gold Project, Quebec
VAL-D'OR, QUEBEC--(Marketwire - March 11, 2010) - Hinterland Metals Inc. (TSX VENTURE:HMI) is pleased to announce it has resumed drilling on the Lockout property located 100km due east of Lebel-sur-Quevillon, Quebec. The property is situated in the Barry-Urban Greenstone Belt approximately 4km west of Eagle Hill's Windfall Lake Project and 8km north of Metanor Resources' Barry open pit gold mine. The current program will systematically test the Panache Gold Zone over a 1.2km distance. Hinterland identified the gold-bearing zone following a drill program done in September 2009 that intersected gold mineralization in all seven of the holes drilled. Highlights of the September program included up to 5.2g/t Au over 2.0m within a zone of 1.7g/t Au over 7.0m (Hinterland Press Release October 28, 2009). Intersections varied from 6.2 to 12.9m in width and from 0.6 to 1.7g/t Au in grade. The gold mineralization was found along the cont
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Sustainable Development Technology Canada Signs Contribution Agreement With Titanium Corporation
EDMONTON, ALBERTA--(Marketwire - March 11, 2010) - Titanium Corporation Inc. (TSX VENTURE:TIC) and Sustainable Development Technology Canada (SDTC) are pleased to announce they have signed a Contribution Agreement and an initial payment of $1.6 million against the first milestone has been advanced to Titanium. As announced by SDTC and the Government of Canada in September 2009, Titanium's "Creating Value from Waste" project was selected by the Board of Directors of SDTC to receive up to $4.9 million through the SD Tech FundT. The SDTC funding will be applied to Titanium's 2010 program for the demonstration of technologies that recover valuable products from oil sands tailings and deliver environmental improvements.
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S&B Industrial Minerals Financial Results for the Full Year 2009 (IFRS)
ATHENS, GREECE--(Marketwire - March 11, 2010) - S&B announces (S&B) (ATHEX: ARBA), Full Year 2009 Financial Results.
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Gold Bullion More Than Doubles Land Position at Granada, Prepares for Major New Drill Program
VANCOUVER,
BRITISH COLUMBIA--(Marketwire - March 11, 2010) - Gold Bullion Development Corp.
(TSX VENTURE:GBB) (the "Company" or "Gold Bullion") is pleased to announce it
has more than doubled its Granada Gold Property land package along the prolific
"Cadillac Trend" with the designation of an additional 2,812 hectares with the
Quebec Ministry of Natural Resources. Granada, six kilometers south of
Rouyn-Noranda, now comprises 4,893 hectares, a nearly seven-fold increase from
the original 71 hectares the Company started with at the former producing
Granada Mine in 2006.
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Amarok Resources Reviews Drilling Bids
RANCHO SANTA MARGARITA, CA--(Marketwire - March 11, 2010) - Amarok Resources Inc. (OTCBB: AMOK) Amarok Resources Inc. (the "Company" or "Amarok") is pleased to announce that preparations are underway to begin a drilling program on the Rodeo Creek property located on the northern portion of the Carlin Gold Trend, thirty miles northeast of Carlin, Nevada. Amarok, working in conjunction with the operator, has set up a management committee to determine exact drilling locations and to review bids received from qualified drilling companies. Drilling will commence as soon as weather conditions permit the movement of equipment onto the property.
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Kinross Gold Corporation Announces Proposed Acquisition of Underworld Resources Inc.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - Underworld Resources Inc. (TSX VENTURE:UW) and Kinross Gold Corporation (TSX:K)(NYSE:KGC) announced today that their respective Boards of Directors have approved a business combination by way of a friendly offer (the "Offer") by Kinross to acquire 100% of the outstanding common shares of Underworld (the "Common Shares") not already owned by Kinross. Subject to the execution of definitive agreements, the board of directors of Underworld unanimously recommends the offer to its shareholders and the directors and management team have agreed to tender their shares to the offer. Pursuant to the terms of the letter agreement, Underworld has agreed to work exclusively with Kinross toward the conclusion of a definitive support agreement which is anticipated to be executed and delivered by the parties by March 15, 2010.
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Andina Grants Options
TORONTO, ONTARIO--(Marketwire - March 11, 2010) - ANDINA Minerals Inc. (TSX VENTURE:ADM) (the "Company") announces that it has granted an aggregate of 1,665,000 options of which 1,325,000 were granted to Andina's officers and directors and 340,000 were granted to employees and consultants. The options are exercisable at $1.20 and expire on March 11, 2015. The option grants are made today as part of Andina's annual review of company compensation.
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Metalico Reports 2009 Results
CRANFORD, NJ--(Marketwire - March 11, 2010) - Metalico, Inc. (NYSE Amex: MEA) today reported
its results for the year and quarter ended December 31, 2009.
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Kinross Announces Proposed Acquisition of Underworld Resources
Offer represents a premium of 36%
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NovaGold Announces Completion of US$75 Million Financing
VANCOUVER, BRITISH
COLUMBIA--(Marketwire - March 11, 2010) - NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) today announced that it has closed its non-brokered
offering of 13,636,364 common shares of the Company at a price of US$5.50 per
common share for gross proceeds of US$75,000,002 (the "Offering"), as
announced on March 8, 2010. The Offering was made to Quantum Partners Ltd.
("Quantum"), a private investment fund managed by Soros Fund Management LLC,
pursuant to a subscription agreement between the Company and Quantum. The
Offering is in addition to the Company's US$100 million equity financing that
closed on March 9, 2010, for total gross proceeds raised under the two
financings of US$175 million.
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Millrock Finalizes Option Agreement With Inmet for Exploration of San Jose and Dry Mountain Porphyry Copper Prospects in Arizona
VANCOUVER, BRITISH
COLUMBIA--(Marketwire - March 11, 2010) - Millrock
Resources Inc. (TSX VENTURE:MRO) ("Millrock" or the "Company") announced today
it has signed an option agreement with Inmet Mining Corporation (TSX:IMN) for
the exploration of the San Jose and Dry Mountain porphyry-copper prospects in
Arizona. Details of the agreement were first announced January 8, 2010 (here)
upon signing of a letter of intent, and now with execution of the definitive
agreement the partners are preparing to begin work. Geophysical surveys to
refine drill targets are planned for spring 2010 with drilling to follow.
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Drilling Results Confirm Extension to SE Zone
OAKVILLE, ON--(Marketwire - March 11, 2010) - Sarissa Resources Inc. ("Sarissa" or the "Company") (PINKSHEETS: SRSR) is pleased to announce that the preliminary analytical results from step out hole DDH-10-83 have identified an extensive new zone of Nb2O5 mineralization.
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Silver Falcon Mining, Inc. (SFMI) Reports on Its Meeting With GoldCorp Holdings, Co.
MURPHY, ID--(Marketwire - March 11, 2010) - Silver Falcon Mining, Inc's. (OTCBB: SFMI) and GoldCorp Holdings Co.'s (OTCBB: GHDC) Board of Directors jointly met to discuss SFMI's 100% owned Diamond Creek Mill facility and its pending opening. The Directors passed a motion which modified the lease between SFMI and GHDC. SFMI will not begin making its mine lease payments until July 1, 2010; no other modalities of the agreement had been modified. These new terms were carried by motions of both Companies' Directors unanimously.
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Strathmore Minerals Corp.: Roca Honda Bankable Feasibility Study Underway
KELOWNA, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - STRATHMORE MINERALS CORP. (TSX VENTURE:STM) ("Strathmore" or "the Company") is pleased to announce that Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) has been contracted to prepare a Bankable Feasibility Study (BFS) to evaluate the overall project economics of the proposed Roca Honda underground uranium mine in New Mexico. Scott Wilson RPA is a leading international consulting firm that provides independent opinions and carries out engineering studies of mining projects and operations, and related mining development matters. Scott Wilson RPA has successfully served the geological and mining community worldwide since 1985.
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American Metal Market Announces Call for Nominations for the 2010 Awards for Steel Excellence
Winners to Be Announced During the Steel Success Strategies Conference, June 22, 2010
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Excelsior Mining Corp. Announces Details of Qualifying Transaction
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - Excelsior Mining Corp. (TSX VENTURE:MIN.P) ("Excelsior") is pleased to announce that it has entered into an option agreement dated March 9, 2010 (the "Option Agreement") with Eagle Plains Resources Ltd. (TSX VENTURE:EPL), a corporation incorporated under the laws of Alberta and listed on the TSX Venture Exchange ("Eagle Plains"), whereby Eagle Plains has granted Excelsior the option to acquire up to a 70% interest in the Wildhorse Property, located approximately 40 kilometres north of Cranbrook, British Columbia in the Fort Steele Mining Division (the "Property"). The proposed transaction between Excelsior and Eagle Plains is an arm's length transaction. It is intended that such transaction will be the "Qualifying Transaction" for Excelsior under the applicable policies of the TSX Venture Exchange (the "TSX-V
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Ironwood Gold Corp. Receives Favorable Independent 43-101 Report of Rock Creek Property Located in the Carlin Trend, Nevada
SCOTTSDALE, AZ--(Marketwire - March 11, 2010) - Ironwood Gold Corp. (OTCBB: IROG) (the "Company") is pleased to announce the receipt of an assessment undertaken by Crosby Consulting & Exploration Services of the recently acquired Rock Creek project in the form of a National Instrument (N.I.) 43-101 compliant report detailing the potential of the asset.
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Canadian Orebodies Samples Up to 3.66% Li20 and Other High Grade Lithium/Rare Metals
TORONTO, ONTARIO--(Marketwire - March 11, 2010) - Canadian Orebodies Inc. (TSX VENTURE:CO) ("Orebodies") is pleased to announce assay results from grab samples taken from 5 of its Lithium/Rare Metals properties all located in Ontario. The properties are owned 100% by Orebodies (subject to a 2% NSR, 50% of which can be purchased by Orebodies for $1,000,000).
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Ashburton Obtains Historical Data and Increases Its Land Position at the Deep Creek Gold Project, Nevada
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - ASHBURTON VENTURES INC. (TSX VENTURE:ABR) ("Ashburton" or the "Company") has obtained historical data which includes a resource estimate report compiled in the late 1980's on behalf of Corona Corporation based on drilling data on the Deep Creek property. The resource estimate of 1.1 million tons containing 1.7 grams (0.06 ounces) per ton of gold (70,000 ounces Au) was determined along a strike length of 457 meters (1500 feet) and a depth of 122 meters (400 feet). Reserves from the same report included approximately 477,000 ounces of gold in 7.5 million tons extending southward from the present property position. The company has expanded its property position southward to include this reserve estimate, which will increase to approximately 648 hectares (1,600 acres) the total land position for the Deep Creek property.
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Everton Resources Inc. Announces $3.0 Million Non-brokered Financing
MONTREAL, QUEBEC--(Marketwire - March 11, 2010) - Everton Resources Inc. (TSX VENTURE:EVR) (FRANKFURT:ERV) (the "Company") announces a non-brokered private placement offering (the "Offering") of up to 12,000,000 units (the "Units") at a price of $0.25 for gross proceeds of up to $3,000,000.
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Silver America, Inc. Announces Name and Symbol Change, Stock Cancellation and Forward-Split
RENO, NV--(Marketwire - March 11, 2010) - The Golf Alliance Corporation (the "Company") is pleased to announce that it has changed its name to Silver America, Inc. This corporate action took effect on March 5, 2010 and signals the change of focus of operations of the Company towards precious minerals exploration and development. In connection with the name change, the Company's trading symbol has been changed to "SILA" (OTCBB: SILA).
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American Sierra Gold Samples 123.52 G/T Gold at Discovery Day Project
RENO, NV--(Marketwire - March 11, 2010) - American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, is pleased to report the first results of its on-going sampling, survey and mapping program at the Discovery Day Gold Property. Geological and survey crews performed extensive work at the site during February 2010 with follow up assays, recordation of data and mapping.
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Peregrine Metals Completes $20 Million Initial Public Offering and Commences Trading on the Toronto Stock Exchange Under Symbol PGM
VANCOUVER,
BRITISH COLUMBIA--(Marketwire - March 11, 2010) -
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BioteQ Announces Conference Call to Discuss 2009 Year End Results
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of industrial waste water, will host a conference call on Thursday, March 18, 2010 at 8:00 am Pacific time, 11:00 am Eastern time, to discuss the Company's financial results for the year ended December 31, 2009. The financial results will be released after market close on Wednesday, March 17.
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Glen Eagle Sells 60% Interest in Souart
MONTREAL, QUEBEC--(Marketwire - March 11, 2010) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that it has signed an option agreement to sell 60% of its Souart property for $750,000 in cash and $4,500,000 in exploration expenses, both payments equally divided over the next 3 years. Glen Eagle Resources will retain a 40% interest in the property without incurring any expenses.
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Duncan Park Announces Proposed Private Placement
TORONTO, ONTARIO--(Marketwire - March 11, 2010) - Duncan Park Holdings Corporation (TSX VENTURE:DPH.H) announced today that it intends to undertake a non-brokered private placement of up to 7,000,000 "flow-through" common shares at a price of $0.05 per share for aggregate gross proceeds of up to $350,000.
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Rockcliff Resources Inc. Appoints Glenn M. Bowman as Director
TORONTO, ONTARIO--(Marketwire - March 11, 2010) - Rockcliff Resources Inc. ("Rockcliff" or the "Corporation") (TSX VENTURE:RCR) (Tier 1), is pleased to announce the appointment of Mr. Glenn M. Bowman to its Board of Directors.
Glenn M. Bowman, FCA, is Managing Partner with Capital Canada Limited ("Capital Canada"), a recognized leader in providing investment banking services to predominantly mid-market companies. Mr. Bowman is a Chartered Accountant and a Fellow of the Institute of Chartered Accountants of Ontario. He served on the Accounting Standards Board of the Canadian Institute of Chartered Accountants from 2002 to 2006. Mr. Bowman's responsibilities at Capital Canada include investment banking, financial advisory work, and financial
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Colorado Goldfields' Pride of the West Mill Permit Application Complete
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Gold Wheaton Reports Earnings for 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11,
2010) - Gold
Wheaton Gold Corp. ("Gold Wheaton") (TSX:GLW) is pleased to
announce the financial results of its first full year of operations for the
year ended December 31, 2009 (unless otherwise indicated, all dollar amounts
are expressed in United States dollars).
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Gabriel Resources Ltd.: Fourth Quarter 2009 Report
TORONTO, ONTARIO--(Marketwire - March 11, 2010) - Gabriel Resources Limited (TSX:GBU)
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CONSOL's $200 Million Wyoming Coal Mine Begins Permitting Process, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwire - March 11, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- As the world slowly sees signs of economic recovery, CONSOL Energy Incorporated (NYSE:CNX) (Canonsburg, Pennsylvania) and Chevron Corporation (NYSE:CVX) (San Ramon, California) are proceeding cautiously with plans to develop one of the highest quality reserves remaining in the Powder River Basin.
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Is Australia Entering a China-Driven 20-Year Resources Boom? (Part 1 of 2), an Industrial Info News Alert
PERTH, AUSTRALIA--(Marketwire - March 11, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- A senior executive of the Reserve Bank of Australia has recently predicted that Australia will enjoy a China-led resources boom that will last for the next 20 years. Phillip Lowe, the assistant governor of the Reserve Bank, which is Australia's central bank, used a speech last month on global economic conditions to reveal that the Reserve Bank is very bullish about the Australian economy. In particular, Lowe felt that China was becoming increasingly reliant on Australia to supply the raw materials to make steel. Steel is the key component necessary in building China's infrastructure and fuelling the country's minimum annual growth of 8%, which China's leaders believe is required to avoid internal unrest in the country.
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Lake Shore Gold Announces 2009 Year End Results, Continued Exploration and Development Success, Timmins Mine to Achieve Commercial Production in 2010
TORONTO, ONTARIO--(Marketwire - March 10, 2010) - Lake Shore Gold Corp. (TSX:LSG) ("Lake Shore Gold" or "the Company") today reported financial and operating results for the fiscal year and fourth quarter ended December 31, 2009. Key operating highlights of 2009 and to date 2010 are provided below.
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Advanced Explorations' Additional Metallurgical Work Confirms PEA C-Zone Findings
TORONTO, ONTARIO--(Marketwire - March 10, 2010) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to announce that metallurgical work undertaken by COREM on the C Zone core samples of AEI's Roche Bay Magnetite Project located on the coast of the Melville Peninsula in Nunavut, Canada, has verified the previous work performed by SGS Lakefield Research. The additional metallurgical work was carried out as part of the Definitive Feasibility work requirements. The results have confirmed it is possible to produce a concentrate that meets the operational requirements of an iron nugget plant and, in addition, a standard concentrate quantity that meets the quality specification imposed on standard concentrate. The Company's 2010 plan is to undertake the necessary work (metallurgical, engineering, drilling, etc.) to complete a Definitive Feasibility Study. The results from the Prelimi
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Crescent Gold Limited: Successful Completion of Second Ore Processing Campaign
PERTH, WESTERN AUSTRALIA--(Marketwire - March 10, 2010) -
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MBAC Fertilizer Corp. Announces Filing of Second Quarter Financial Statements
TORONTO, ONTARIO--(Marketwire - March 10, 2010) - MBAC Fertilizer Corp. (TSX:MBC) ("MBAC" or the "Company") announced today that it has filed its second quarter interim consolidated financial statements and related management's discussion and analysis for the three and six month period ended January 31, 2010. A copy of the interim consolidated financial statements can be found on the Company's SEDAR profile at www.sedar.com and on the Company's website (www.mbacfert.com).
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GlobeStar Reports Increased Cash Balances at December 31, 2009 and Provides 2010 Guidance
TORONTO, ONTARIO--(Marketwire - March 10, 2010) -
(
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C2C confirme la refonte de son capital-actions et le changement de son nom pour Holding Clé d'Or inc.
QUEBEC, QUEBEC--(Marketwire - 10 mars 2010) - Société aurifère C2C inc. ("C2C" ou la "Compagnie")(TSX CROISSANCE:CCN) annonce qu'elle procédera à la refonte de son capital-actions selon un ratio de 10 actions ordinaires contre une action ordinaire. Tel qu'annoncé le 19 février 2010, cette opération a été préalablement approuvée par les actionnaires de la Compagnie lors de l'assemblée générale extraordinaire tenue le 11 février 2010 (l'« Assemblée »). Cette refonte a également fait l'objet d'une approbation de la part de la Bourse de croissance TSX. La refonte du capital-actions de la Compagnie sera en vigueur en bourse à l'ouverture des marchés, jeudi, le 11 mars 2010. Ce faisant, le symbole de C2C passera de CCN à KGH et le nombre d'actions ordinai
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C2C Confirms Consolidation of its Share Capital and Change of its Name for Key Gold Holding Inc.
QUEBEC CITY, QUEBEC--(Marketwire - March 10, 2010) - C2C Gold Corporation Inc. ("C2C" or the "Company")(TSX VENTURE:CCN) announces that it will implement the consolidation of its share capital on the basis of 10 common shares for one common share. As announced on February 19, 2010, this operation was previously approved by the Company's shareholders at the Special General Meeting held on February 11, 2010 (the "Meeting"). This consolidation was also approved by the TSX Venture Exchange. The consolidation of the Company's share capital will take effect on the exchange at the market opening on Thursday, March 11, 2010. C2C's stock symbol will change from CCN to KGH and the number of common shares outstanding will decrease from 103,404,344 to 10,340,434 common shares.
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Valdez Gold Inc. Announces Closing of Private Placement Financing
TORONTO, ONTARIO--(Marketwire - March 10, 2010) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
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Almaden Minerals Ltd.: Tuligtic Copper Project Update
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) -
Almaden Minerals Ltd. (TSX:AMM)(NYSE Amex:AAU) and its
Mexican subsidiary Minera Gavilan S.A. de C.V. (together referred to as
"Almaden") are pleased to announce results of a 2,973.05 meter seven hole
preliminary diamond drilling program now completed at the Tuligtic
copper-molybdenum project, Mexico. The Tuligtic project is located
twenty-one kilometres north of Puebla State, and
covers a large area of alteration and mineralisation including intense
sericite-quartz-pyrite alteration and stockwork veining and potassic
alteration. The exposed alteration is interpreted to represent a
quartz-sericite-pyrite cap to a large porphyry copper-molybdenum system.
Highlights of the drill program include 38 meters of
0.13% copper from 164 to 202 meters and 46 meters of 0.11 copper from 416 to
462 meters in hole DDH-01, 20 meters of 0.17% copper from 94 to 114 meters and
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Oil-Dri Announces Second Quarter and Six-Month Results
CHICAGO, IL--(Marketwire - March 10, 2010) - Oil-Dri Corporation of America (NYSE: ODC)
reported net sales for the second quarter of $54,734,000, a 7% decrease
compared with net sales of $59,130,000 for the same quarter of the previous
year. Net income for the second quarter was $2,262,000, or $0.31 per
diluted share, a 6% decrease compared with net income of $2,372,000, or
$0.33 per diluted share in the same quarter one year ago.
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Typhon octroie des options
LAVAL, QUEBEC--(Marketwire - 10 mars 2010) - EXPLORATION TYPHON INC. (TSX CROISSANCE:TYP) annonce que le 9 mars 2010, le Conseil d'administration a approuvé l'octroi de 270 000 options d'achat d'actions à ses administrateurs, employé et consultants, selon les modalités du Régime d'options d'achat d'actions de la Société.
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Typhoon Grants Options
LAVAL, QUEBEC--(Marketwire - March 10, 2010) - TYPHOON EXPLORATION INC. (TSX VENTURE:TYP) announces that, on March 9, 2010, the Board of Directors has approved a grant of 270,000 stock options, to its directors, employee and consultants, under the company's Stock Option Plan.
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Alberta Star Announces 5:1 Consolidation of Common Shares
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Alberta Star Development Corp. (TSX VENTURE:ASX)(OTCBB:ASXSF)(FRANKFURT:QLD) (the "Company") is pleased to announce that at its annual and special meeting (the "Meeting") of shareholders held on February 8, 2010, shareholders approved a special resolution to consolidate (the "Consolidation") its issued and outstanding common shares ("Common Shares") at a ratio (the "Ratio") of one (1) new Common Share for up to every five (5) outstanding Common Shares. The 5:1 Ratio has been approved by the Board of Directors after the Meeting. No name change or change of trading symbol will be undertaken in connection with the Consolidation.
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Update of Almaden's Exploration Activites and 2010 Corporate Objectives
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX:AMM)(NYSE Amex:AAU) wishes to provide shareholders details of its 2010 corporate and exploration plans and a brief review of its most important projects. Chairman J.D. Poliquin stated, "We have a portfolio of projects with outstanding potential and our company is now in an excellent position financially and technically to aggressively advance them. These projects include the copper-gold porphyry portion of the Caballo Blanco project, now called El Cobre, in partnership with Goldgroup. We look forward to reporting drill results from this and other projects in what will be a busy year for the company." The Company has no debt and as of January 10, 2010 had $C13.0 Million in cash, $C2.5 Million in equity holdings and 1,590 ounces of refined gold. The company plans to spend $2M in exploration including property work
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Ascot Resources Ltd. Acquires the Mt. Margaret Property
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Ascot Resources Ltd. ("Ascot") (TSX VENTURE:AOT) is very pleased to announce the signing of an Option Agreement to purchase all of the interests of the Mt. Margaret property held by General Moly Inc. in the St. Helens Mining district of Skamania county in Washington state.
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Rhyolite Resources Ltd. Closes Private Placement
VANCOUVER, BRITISH
COLUMBIA--(Marketwire - March 10, 2010) -
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Avascent Releases White Paper on Adjacent Market Growth
WASHINGTON, DC--(Marketwire - March 10, 2010) - The Avascent Group, Washington, DC's leading strategy and management consulting firm, has released its latest white paper covering growth in new markets. "Growing When Growth is Hard -- Finding New Opportunities in an Uncertain Market" builds off of Avascent's recent presentation at the Wharton Aerospace Conference at the University of Pennsylvania. Each piece of analysis is aimed at helping businesses plan for and achieve growth in difficult budget and economic environments.
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Cameco Investor Webcast Advisory
SASKATOON, SASKATCHEWAN--(Marketwire - March 10, 2010) -
A
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Taku Gold Amends Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) announces an amendment to a non-brokered private placement announced February 24, 2010. The Company will now raise up to $500,000 by the Company issuing up to 5,000,000 non-flow-through units at a price of $0.10 per unit, each unit consisting of one post-consolidated common share and one-half share purchase warrant. One whole warrant will entitle the holder thereof to acquire one additional common share of the Company for a period of two years at a price of $0.15.
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Kinetex Announces Change of Auditor
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Kinetex Resources Corporation ("Kinetex" or the "Company") (TSX VENTURE:KTX) announced today that its Board of Directors have appointed BDO Canada LLP (formerly, BDO Dunwoody LLP) ("BDO" or the "Successor Auditors") as the Company's new auditor, replacing Meyers Norris Penny LLP ("MNP" or the "Former Auditors").
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Candorado Closes $100,000 Non-Brokered Private Placement and Proceeds With Work Programs
KELOWNA, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Candorado Operating Company Ltd. (the ''Company") (TSX VENTURE:CDO)(FRANKFURT:HQU)(BERLIN:HQU) is pleased to announce it has received TSX Venture Exchange ("TSX-VE") final approval on February 16, 2010, for a non brokered private placement of 2,000,000 units at a price of $0.05 per unit for total proceeds of $100,000.
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Paget Minerals Announces $175,000 Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Paget Minerals Corp. (TSX VENTURE:PGS) ("Paget" or the "Company") today announced that the Company has completed a non-brokered private placement of 875,000 common shares ("Shares") at $0.20 per Share to raise a total of $175,000. The shares are subject to a hold period of four months and one day, expiring July 11, 2010.
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Great Panther Commences 6,000 Metre Drill Program at Topia Mine
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - GREAT
PANTHER SILVER LIMITED (TSX:GPR) (the "Company") is pleased to report that a
6,000 metre surface drill program has begun at the Topia Mine in Durango,
Mexico. The program is part of the 65,000 metre drilling campaign announced by
the Company (Sept. 16, 2009) that aims to build Great Panther's resource base
to approximately 40 million silver equivalent ounces by 2012.
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Largo Resources Closes Second Tranche of Private Placement Financing
Proceeds intended to be used to acquire additional 35% interest in Maracas Project
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Eagle Hill Extends Windfall Lake Gold Zone With Initial Drilling Returning 19.61 g/t (Cut 3.51 g/t) Gold Over 33 Meters
Drilling program extended to 10,000 meters
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Olympus Announces Private Placement of Up to CAD$12.75 Million
TORONTO, ONTARIO--(Marketwire - March 10, 2010) -
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Exploration NQ inc. : Emission d'actions ordinaires au Fonds de Solidarité FTQ et Sidex
LAVAL, QUÉBEC--(Marketwire - 10 mars 2010) - Exploration NQ inc. (TSX CROISSANCE:NQE) annonce que, sur approbation de la Bourse de croissance TSX, Exploration NQ inc. émettra en faveur du Fonds de solidarité FTQ et de Sidex, société en commandite (Sidex), 39 558 actions ordinaires chacune (79 116) au prix de 0,187 $ par action en paiement des intérêts sur la débenture de 7 397,26 $ (Sidex) et 7 397,26 $ (Fonds de solidarité FTQ) pour un total de 14 794,52 $ et dus le 2 mars 2010. Le paiement des intérêts est exigible selon les débentures émises en vertu de conventions de souscription datées du 3 septembre 2009 selon lesquelles, NQ a émis, en faveur du Fonds de solidarité FTQ et de Sidex, une débenture convertible au montant de 125 000 $ chacune dont les intérêts son
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NQ Exploration Inc.: Common Shares Issued to the Fonds de Solidarite FTQ and Sidex
LAVAL, QUEBEC--(Marketwire - March 10, 2010) - NQ Exploration Inc. (TSX VENTURE:NQE) announces that, subject to the approval of the TSX Venture Exchange, it will issue 39,558 common shares to each of the Fonds de solidarité FTQ and Sidex Limited Partnership ("Sidex") (79,116 common shares) at a price of $0.187 per share in payment of debenture interest of $7,397.26 (Sidex) and $7,397.26 (Fonds de solidarité FTQ) for a total of $14,794.52 due on March 2, 2010. Interest is payable on debentures issued under the terms of subscription agreements dated September 3, 2009, pursuant to which NQ issued to each of the Fonds de solidarité FTQ and Sidex a convertible $125,000 debenture on which interest is payable semi-annually, either in cash or in common shares of the Company's capital stock.
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Allied Gold Resources Hit 7.8 Million oz
Allied Gold Total Inventory 7.8 Moz at Simberi (PNG) and Gold Ridge (Solomon Islands)
Simberi , PNG
- Measured, Indicated and Inferred Resources of 156.6 Mt at 1.13 g/t for 5.69 Moz of gold
- 170% increase in Measured and Indicated Resources
Gold Ridge, Solomon Islands
- 37.8 Mt at 1.74 g/t for 2.11 Moz of gold
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Allied Gold Limited: Gold Ridge Mining Limited Contract Awarded Project Commencement Imminent
TORONTO, ONTARIO--(Marketwire - March 10, 2010) -
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Prominex Resource Corp.: Private Placement Closed
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Prominex Resource Corp. (TSX VENTURE:PXR) announced today that the TSX Venture Exchange has accepted for filing the final documentation with respect to the Non-Brokered Private Placement announced on January 12th, 2010. The Private Placement is closed for 3,900,000 units at a price of $0.05 per unit for total proceeds of $195,000.00. Each unit consists of one common share ("Common Share") and one common share purchase warrant ("Warrant"). Each whole warrant will be exercisable at CAD$0.10 into one common share for a period of 12 months from Closing.
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Apoquindo Announces Appointment of James Gilbert to Board
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - Apoquindo Minerals Inc. (TSX VENTURE:AQM) ("Apoquindo" or "the Company") is pleased to announce the appointment of James Gilbert to its board of directors.
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Industrial Wireless Leader Apprion Continues Momentum With $8M in Series C Funding
PEI Funds Joins Motorola Ventures, Chevron Technology Ventures, Allegis Capital, and Anvil Investment Associates LP in Series C Investment
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Crowflight Resumes Milling Operations at Bucko
TORONTO, ONTARIO--(Marketwire - March 10, 2010) - CROWFLIGHT MINERALS INC. ("Crowflight" or the "Company") (TSX:CML) is pleased to announce that milling operations have resumed at the Bucko Lake Nickel Mine ("Bucko Mine") located in the Thompson Nickel Belt near Wabowden, Manitoba. Crowflight will continue to update the market as it continues its return to full-scale production at the Bucko Mine.
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Queenston Nets $10.7 Million from the Exercise of Warrants
TORONTO, ONTARIO--(Marketwire - March 10, 2010) - QUEENSTON MINING INC. (TSX:QMI)(FRANKFURT:QMI)(STUTTGART:QMI) ("Queenston" or "the Company") is pleased to announce that it has received $10,735,780 as a result of the exercise of warrants attached to the financing completed on March 4, 2009. As a result, the Company's cash position is now approximately $47 million.
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BioteQ Advances Third Project in China
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of industrial waste water, announced that the company has initiated a third water treatment project in joint venture with Jiangxi Copper Company (JCC). The project is located at the Dexing Mine in China, to recover nickel and cobalt using a novel modification of conventional ion-exchange technology developed by BioteQ. The new plant will be in addition to the existing ChemSulphide® plant that currently operates at the Dexing site to recover copper from mine wastewater.
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Iberian Minerals Arranges Financing for Raul Purchase
TORONTO, ONTARIO--(Marketwire - March 10, 2010) - Iberian Minerals Corp. (TSX VENTURE:IZN) is pleased to announce that its subsidiary, Compania Minera Condestable S.A. ("Condestable") has entered into a mandate letter dated March 8, 2010 with Societe Generale to arrange an amended senior, secured debt facility. The proposed facility will provide funding for the completion of the Raul lease and royalty purchase, as previously announced on December 23, 2009, which is scheduled to close not later than March 31, 2010.
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Castillian Proceeds With Agreement on Hope Brook Gold Mine Project, Newfoundland
TORONTO, ONTARIO--(Marketwire - March 10, 2010) - Castillian Resources Corporation ("Castillian" or the "Company") (TSX VENTURE:CT) is pleased to announce that it has completed satisfactory due diligence with respect to its previously announced agreement to acquire a 100% interest in approximately 993 claims comprising the Hope Brook Gold Project located on the southwest coast of Newfoundland (the "Property"; Figure 1) from the Quinlan Brothers prospectors (the "Vendors"). Pursuant to the letter agreement entered into between the Company and the Vendors, Castillian has made its initial payment to the Vendors consisting of a cash payment in the amount of $35,000 cash and has issued 100,000 Common Shares to the Vendors (See Press Release dated February 8, 2010).
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Canadian Shield Resources Ltd.
TORONTO, ONTARIO--(Marketwire - March 10, 2010) - Canadian Shield Resources Ltd. (TSX VENTURE:EXP) ("Canadian Shield" or the "Company") at the request of the IIROC, on behalf of the TSX Venture Exchange announces that the Company is not aware of any material undisclosed development at this time that would cause the recent increase in market activity and decline in its share price.
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International Tower Hill Increases Indicated Resources at Livengood Gold Project, Alaska: Indicated Resource 9.3M Ounces of Gold @ 0.5 g/t Gold Cutoff
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 10, 2010) - International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX:ITH)(NYSE Amex:THM)(FRANKFURT:IW9) is pleased to announce the results of the updated independently prepared resource estimate for the Livengood gold project, Alaska. Data used in this resource update includes the final 64 drill holes completed in late 2009. Successful infill drilling targeted several previously un-estimated mineralized areas of the Northeast and Sunshine Zones of the deposit. Results are anticipated to have a positive impact on the strip ratio and mining economics (current low strip ratio of 0.8-1, waste-ore). The Money Knob deposit is still open in several directions (including at depth).
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General Metals Achieves + 90% Extraction of Gold in Large Diameter Column Tests on Independence Surface Oxide Mineralization
RENO, NV--(Marketwire - March 10, 2010) - General Metals Corporation ("the Company") (OTCBB: GNMT) (FRANKFURT: GMQ) is pleased to announce large diameter column leach tests on coarse crushed ore from the Independence have both yielded greater than 90% gold extraction after a 140 day leach cycle. These tests were conducted by McClelland Laboratories of Reno, Nevada on ore which had been crushed to 80 percent passing six inch and 80 percent passing 2 inch respectively. The leach on the six inch crush size was conducted on 1.9 tons of mineralized material and the 2 inch crush was conducted on 2.0 tons of material. Both column volumes are from bulk samples collected under the supervision of McClelland Lab personnel from the Independence Hill Zone. Actual leach extraction for the 4 inch crush was 91.45% of the screened head gold grade,
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India's Bhushan Steel to Invest $6.1 Billion in 6 Million-Ton Value-Added Steel Mill, an Industrial Info News Alert
BANGALORE, INDIA--(Marketwire - March 10, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading Indian manufacturer of auto-grade steel Bhushan Steel Limited (BSE: 500055) (New Delhi) plans to invest $6.1 billion to develop a value-added steel mill at Bellary in the southern Indian state of Karnataka. Company officials from Bhushan Steel told Industrial Info that the proposed mill will have the capacity to produce 6 million tons per year of hot-rolled coil.
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Allied Gold Limited: 2 Million Ounces in Measured and Indicated Resources at Pigiput and Pigibo Deposits Increased by 170%
TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Allied Gold Limited (TSX:ALG)(AIM:AGLD)(ASX:ALD)
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Victoria Gold to Host Conference Call on Wednesday, March 10th, 2010 at 10:00 am EST
TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Victoria Gold Corp. (TSX VENTURE:VIT) ("Victoria" or the "Company") will host a conference call regarding the Pre-feasibility results for the Eagle Gold Project. The call will be hosted by Chad Williams, President, CEO, and Director and John McConnell, Executive VP and Director.
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Victoria Gold Corp. Announces Positive Pre-Feasibility Results for the Eagle Gold Project
TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Victoria Gold Corp. (TSX VENTURE:VIT) ("Victoria" or the "Company") is pleased to announce the results from a National Instrument 43-101 compliant pre-feasibility study (the "Study") for its 100% owned Eagle gold project in the Yukon Territory. The pre-feasibility study was prepared by Scott Wilson Roscoe Postle Associates Inc. in association with Kappes, Cassidy & Associates and BGC Engineering Inc.
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Reservoir Capital Corp.: New Appointments and the Granting of Incentive Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Reservoir Capital Corp. (the "Company" or "Reservoir") (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC) is pleased to announce the appointment of Winston Bennett to its Board of Directors, and Milan Cusic to the role of Deputy Director of its Serbian subsidiary Renewable Energy Ventures D.o.o.
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Downstream From Sunergy's 150 sq. km. Nyinahin Concession, 1.45 Million ozs of Gold Have Been Produced From the Offin River Valley, More Than From Any Other River System in Ghana
SCOTTSDALE, AZ--(Marketwire - March 9, 2010) - Sunergy, Inc (the "Company") (OTCBB: SNEY) is pleased to release a new report prepared by Robert Levich CPG, EurGeol, Director and Chief of West African Operations (See Press Release dated December 21, 2009) discussing the alluvial gold recovery potential along the Offin River and its tributaries that flow through the eastern portion of our 150 sq. km. Nyinahin mining concession in Ghana, West Africa. The report can be reviewed in its entirety on the Company's website www.sunergygold.com
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Opta Minerals Inc. Reports Fourth Quarter and Year End Results for Fiscal 2009
WATERDOWN, ONTARIO--(Marketwire - March 9, 2010) - Opta Minerals Inc. (TSX:OPM), today announced results for the three and twelve months ended December 31, 2009. All figures are reported in U.S. dollars and in accordance with Canadian Generally Accepted Accounting Principles (GAAP), except where otherwise noted.
For the three months ended December 31, 2009, the net earnings were $0.6 million, or $0.04 per diluted common share, versus a net loss of ($2.2 million) or ($0.12) per diluted common share for the fourth quarter in 2008. The prior year fourth quarter results included an inventory write down in the amount of $2.8 million. Year to date, the net loss for the twelve months ended December 31, 2009 was ($6.2 million) or ($0.34) per dilutive common share, versus net earnings of $2.5 million or $0.14 per diluted common share during 2008. The year-to-date results include a non-c
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Alto Group Updates Operational Plans and Market Conditions
NEW YORK, NY--(Marketwire - March 9, 2010) - Alto Group Holdings, Inc. (OTCBB: ALTO) ("Alto Group" or the "Company") today wishes to provide a corporate update regarding current market conditions and Management plans to increase shareholder value by increasing the asset position within the company's portfolio.
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TNR Provides Update on Los Azules Copper Project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - TNR Gold Corp. ("TNR" or the "Company") (TSX VENTURE:TNR) is pleased to provide the following update on the status of its Los Azules copper project located in the San Juan province of Western Argentina. Minera Andes Inc. ("MAI"), announced yesterday that they have received positive results from their diamond drill program of approximately 8,800 metres at the Los Azules project. For further details on the exploration program, please refer to MAI's news release of March 8, 2010.
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Fission Arranges Brokered Private Placement
KELOWNA, BRITISH COLUMBIA--(Marketwire - March 9, 2010) -
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Esperanza Silver Corp./Cerro Jumil: Calabazas Zone Continues to Grow
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Esperanza Silver Corp. (TSX VENTURE:EPZ)(PINK SHEETS:ESPZF) (EPZ) announces the results of its on-going drilling campaign at its 100% owned Cerro Jumil gold project in Morelos State, Mexico. Highlights of the drill results include:
/
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Encore Renaissance Comments on Cease Trade Order
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - ENCORE RENAISSANCE RESOURCES CORP. (TSX VENTURE:EZ), (FRANKFURT:OUH1), (PINK SHEETS:ERRCF) Encore Renaissance Resources Corp. (the "Company" (TSX VENTURE:EZ) has not completed the Audited Annual Financials due to the complexity of the company's acquisition plan that it instituted over the past year.
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West Fourth Capital Inc. Announces Option Agreement Entered Into With Bruce A. Doyle for a Mineral Property Located Near Nelson, British Columbia
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) -
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Ditem Explorations : Début du programme de forage sur la propriété d'Otish Uranium
MONTREAL, QUEBEC--(Marketwire - 9 mars 2010) - Ditem Explorations (TSX CROISSANCE:DIT) a le plaisir d'annoncer que le programme d'exploration 2010 de la Compagnie sur sa propriété Otish Uranium a maintenant débuté. Un camp entièrement opérationnel a été établi sur place pour accommoder les équipes de géophysique et de forage. Le forage de la première cible a débuté hier.
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Savant Explorations Ltd. Announces $800,000 Flow-Through Share and $200,000 Unit Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) -
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Amerigo's Chilean Operations Resume Full Production
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Amerigo Resources Ltd. ("Amerigo" or the "Company") (TSX:ARG) is pleased to report that production has resumed at Minera Valle Central ("MVC"), the Company's Chilean subsidiary.
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Chairman of Pan American Silver, Ross Beaty, Receives Viola MacMillan Award During PDAC
VANCOUVER, BRITISH
COLUMBIA--(Marketwire - March 9, 2010) - Pan American Silver Corp.
(TSX:PAA)(NASDAQ:PAAS) ("Pan American" or the "Company") is
pleased to announce that Mr. Ross Beaty, the Company's founder and Chairman,
was presented with the prestigious Viola MacMillan Award at last night's
Prospectors and Developers Association of Canada ("PDAC") gala awards dinner,
in Toronto.
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Terrane Appoints New Chief Financial Officer
VANCOUVER,
BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Robert Pease,
President and CEO of Terrane Metals Corp. ("Terrane" or the
"Company") (TSX VENTURE:TRX), is pleased to announce the appointment
of Mr. Basil Huxham, CA, as the Company's new Chief Financial Officer. Mr.
Huxham replaces Mr. Edward Farrauto who will continue to serve as a Director of
the Company.
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Kilo Mobilizes Drills to the Somituri Project, a Former Gold Producer in the DRC and Provides an Update on Masters Project
TORONTO, ONTARIO--(Marketwire - March 9, 2010) -
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Orocan Announces Qualifying Transaction
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Orocan Resource Corp. (the "Company") (TSX:OR.P) is pleased to announce that it has entered into an agreement (the "Agreement") dated March 8, 2010 to acquire a 70% undivided interest in the TJ Ridge mineral property (the "Property"), located in the Skeena Mining Division of British Columbia, Canada. The vendor of the Property is Roxgold Inc. (TSX VENTURE:ROG), an arm's-length company. It is expected that this transaction will constitute the Company's Qualifying Transaction as defined by the TSX Venture Exchange.
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Trelawney Adopts Shareholder Rights Plan
TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Trelawney Mining and Exploration Inc. (the "Company") (TSX VENTURE:TRR) announces that the Company's Board of Directors has approved the adoption of a shareholder rights plan (the "Plan"), to ensure, to the extent possible, that all Trelawney shareholders are treated equally and fairly in connection with any take-over bid, and to provide sufficient time for all shareholders to consider any such transaction. Trelawney is not aware of any pending of threatened take-over bids for the Company.
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Les Mines J.A.G. Ltée : Recherche de pétrole et gaz naturel au Québec
MONTREAL, QUEBEC--(Marketwire - 9 mars 2010) -
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J.A.G. Mines Ltd.: Quebec Oil And Natural Gas Exploration
MONTREAL, QUEBEC--(Marketwire - March 9, 2010) -
Closing of a $500,000 private placement
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Cavan Updates on the Private Placement and KM Property
VANCOUVER, BRITISH COLUMBIA--(Marketwire -
March 9, 2010) - Cavan Ventures Inc. (TSX VENTURE:CVN), a public mineral exploration company
based in Vancouver, British Columbia, wishes to update its current status of
the private placement announced on December 9, 2009. The private placement
consists of the issuance up
to 1,250,000 units at a price of $0.20 per unit. Each of the units will consist
of one common share, plus one half non-transferable share purchase warrant.
Each whole warrant entitling the holder to purchase one additional common share
at a price $0.30 per share for a period of two years.
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Cancor recueille 500 000 $ en vertu d'un placement privé
MONTRÉAL, QUEBEC--(Marketwire - 9 mars 2010) - Mines Cancor Inc. ("Cancor") (CNSX:KCR) est heureuse d'annoncer qu'elle a complété un placement privé de 10 000 000 unités au prix de 0,05 $ l'unité pour un produit brut de 500 000 $. Approximativement 40 % de l'émission a été souscrite par les administrateurs et dirigeants de la Compagnie. Chaque unité est composée d'une action ordinaire de Cancor, d'un demi bon de souscription 2010 (« bon de souscription 2010 ») et d'un demi bon de souscription 2011 (« bon de souscription 2011 »). Chaque bon de souscription 2010 entier permettra à son porteur d'acquérir une action ordinaire de Cancor au prix de 0,10 $ jusqu'au 30 septembre 2010 et chaque bon de souscription 2011 entier permettra à son porteur d'acquérir une action ordinaire de Cancor au prix de 0,15
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Cancor Raises $500,000 Pursuant to a Private Placement
MONTREAL, QUEBEC--(Marketwire - March 9, 2010) - Cancor Mines Inc. ("Cancor") (CNSX:KCR) is pleased to announce it has completed a private placement of 10,000,000 units at a price of $0.05 per unit for gross proceeds of $500,000. Approximately 40% of the issue has been subscribed by directors and officers of the Company. Each unit is comprised of one common share of Cancor, one half of a 2010 common share purchase warrant (a "2010 Warrant") and one half of a 2011 common share purchase warrant (a "2011 Warrant"). Each whole 2010 Warrant will entitle its holder to acquire one common share of Cancor at a price of $0.10 until September 30, 2010 and each whole 2011 Warrant will entitle its holder to acquire one common share of Cancor at a price of $0.15 until September 30, 2011. For additional details on the placement please refer to the Company's press release of January 19, 2010.
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NovaGold Announces Completion of US$100 Million Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) today announced that it has closed its non-brokered offering of 18,181,818 common shares of the Company at a price of US$5.50 per common share for gross proceeds of US$99,999,999 (the "Offering"), as announced on March 4, 2010. The Offering was made to several investment funds managed by Paulson & Co. Inc. ("Paulson") pursuant to a subscription agreement dated March 4, 2010 between the Company and Paulson on behalf of such funds. The Company's US$75 million equity financing announced on March 8, 2010 is scheduled to close on March 11, 2010.
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VVC Exploration to Acquire Beauce-Bellechase Gold, Southern Quebec
TORONTO, ONTARIO--(Marketwire - March 9, 2010) - VVC EXPLORATION CORPORATION (TSX VENTURE:VVC)(FRANKFURT:V7S) ("VVC" or the "Company") is pleased to announce that it has signed a Letter of Intent ("LOI") to acquire a 100% interest in the Beauce-Bellechasse Gold Property (BB Gold Property) consisting of 250 mining claims covering over 13,500 hectares (135 km2). The Property is located 70 km southeast of Québec City.
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American Manganese Reports on Artillery Peak Manganese Plans and Lonnie/Virgil Explorations
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc., (TSX VENTURE:AMY)(PINK SHEETS:AMYZF) ("American Manganese" or the "Company") reports that Company's upcoming drill program on its Artillery Peaks Manganese Project, located south of Kingman Arizona is getting underway and aggressively plans to move the Project forward through the exploration/evaluation process to a successful production decision as follows:
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Diadem Closes Equity Financing of $400,000
MONTREAL, QUEBEC--(Marketwire - March 9, 2010) - Diadem Resources Ltd. (TSX VENTURE:DRL) ("Diadem" or the "Company") announces today that it has closed its previously announced non-brokered private placement to raise $400,000 through the sale of 8,000,000 Units at $0.05 per Unit.
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ICN Resources Ltd.: Encouraging Phase I Results from Hog Ranch Project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - ICN Resources ("ICN" or the "Company") (TSX VENTURE:ICN) is pleased to announce the results of its Phase I drill program at its wholly owned Hog Ranch project, located in northwestern Nevada. In late December, 2009, ICN completed 2,856 metres (9,370 ft.) of drilling in 13 reverse circulation (RC) holes and 1,427.1 metres (4,682 ft.) in five core holes, for a total of 4,283.1 meters (14,052 ft) in18 drill holes. This Phase I program was designed to test for steeply dipping, high grade gold "feeder structures" lying beneath and around previously mined open pits. Potential structural trends, defined by 3D analysis of historical drill data, were the focus of most of the drilling completed during this Phase I program. Areas of high grade mineralization such as that encountered in drill hole 8-199, which intercepted 194.1 g/t Au over 1.5 metres beneath the
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Consolidated Abaddon Phase One Drill Program Completed on Raleigh Lake Lithium Project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Consolidated Abaddon Resources Inc. (TSX VENTURE:ABN) (FRANKFURT:E2L) (the "Company") has completed a seven hole, 1464 metres, diamond drilling program at its Raleigh Lake Lithium property located in the Kenora Mining Division in northwestern Ontario.
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Laramide Reports Remaining Assays From 2009 Drilling at Westmoreland
Highlights Include WDD09-137(Junnagunna) with 20 metres grading 0.25% U3O8 from 56 metres depth
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Candente Copper Completes $6.2 Million Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
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First Gold prête 800 000 $ à Ressources Conway
LAVAL, QUEBEC--(Marketwire - 9 mars 2010) - Exploration First Gold inc. (TSX CROISSANCE:EFG) (FRANCFORT:F12) et Ressources Conway inc. (TSX CROISSANCE:CWY) ont conclu une entente de prêt de 800 000 $ qui permettra à Ressources Conway de finaliser la transaction pour l'acquisition de la mine Belleterre et de respecter les exigences minimales de la Bourse de croissance TSX en matière de fonds de roulement. Le prêt portera un taux d'intérêt de 1 % par mois et viendra à échéance dans un an. Il sera également garanti par les actifs de Conway.
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First Gold Makes $800,000 Loan to Conway Resources
LAVAL, QUEBEC--(Marketwire - March 9, 2010) - First Gold Exploration Inc. (TSX VENTURE:EFG) (FRANKFURT:F12) and Conway Resources Inc. (TSX VENTURE:CWY) have signed an $800,000 loan agreement that will enable Conway Resources to finalize the transaction for the acquisition of the Belleterre Mine and meet the TSX Venture Exchange minimum working capital requirements. The loan bears monthly interest at 1% and matures in one year. It is also secured by all the assets of Conway.
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Ressources Conway conclut une entente de prêt de 800 000 $ avec Exploration First Gold permettant l'acquisition de la mine Belleterre
QUÉBEC, QUÉBEC--(Marketwire - 9 mars 2010) - Ressources Conway inc. (TSX CROISSANCE:CWY) et Exploration First Gold inc. (TSX CROISSANCE:EFG) (FRANCFORT:F12) ont conclu une entente de prêt de 800 000 $ qui permettra à Ressources Conway de finaliser la transaction pour l'acquisition de Ressource Mine Belleterre inc. et de respecter les exigences minimales de la Bourse de croissance TSX en matière de fonds de roulement. Le prêt portera un taux d'intérêt de 1 % par mois et viendra à échéance dans un an. Il sera également garanti par les actifs de Conway. First Gold a transféré 800 000 $ dans le compte en fidéicommis de ses conseillers juridiques pour cette transaction.
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Conway Resources Enters Into an $800,000 Loan Agreement With First Gold Exploration so as to Acquire the Belleterre Mine
QUEBEC CITY, QUEBEC--(Marketwire - March 9, 2010) - Conway Resources Inc. (TSX VENTURE:CWY) and First Gold Exploration Inc. (TSX VENTURE:EFG) (FRANKFURT:F12) have entered into an $800,000 loan agreement that will enable Conway Resources Inc. to finalize the transaction for the acquisition of Ressource Mine Belleterre Inc. and meet the TSX Venture Exchange minimal working capital requirements. The loan bears monthly interest at 1% and matures in one year. It is also secured by all the assets of Conway. First Gold has transferred an amount of $800,000 to its In Trust account for the purpose of this transaction.
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Sutter Gold Secures Major Permits and Approvals for Construction and Operation of the Lincoln Project
PROVIDES TECHNICAL AND GEOLOGIC UPDATE
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SCIA "Spring Into Action Conference"
April 3rd, 2010 Hilton Hotel, Irvine, CA
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Probe Provides Operational Update
THE WOODLANDS,
TEXAS--(Marketwire - March 9, 2010) - Probe Resources Ltd. (the "Company" or "Probe") (TSX VENTURE:PBR) is pleased to provide an
operational update on its development activities in the Gulf of Mexico as
follows:
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Hudson Clarifies Resource Disclosure
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - HUDSON RESOURCES INC. ("Hudson") (TSX VENTURE:HUD), as a result of a review by the British Columbia Securities Commission, is issuing the following news release to clarify its disclosure.
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Opta Minerals Schedules Fourth Quarter and Year End 2009 Financial Results Release and Conference Call
WATERDOWN, ONTARIO--(Marketwire - March 9, 2010) - Opta Minerals Inc. (TSX:OPM), announced today that it will issue financial results for the fourth quarter and year ended December 31st, 2009 on March 9th, 2010 after the close of the stock market.
Opta Minerals' President and CEO, David Kruse, plans to host a conference call at 10:00 AM Eastern Standard Time, on Friday, March 12th, 2010, to discuss fourth quarter and year end 2009 results and recent corporate developments. After opening remarks, there will be a question and answer period. This conference call can be accessed with the toll free dial-in number 1-(888) 516-2435 or 1-(719) 325-2289 followed by pass code 9204026. If you are unable to listen live, the conference call will be archived and can be accessed at the following replay numbers between March 12th and
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Pacific Bay Gains 100% of Regalo Uranium Property, Argentina; New Airborne Results Outline Multiple Priority Targets
VANCOUVER, BRITISH
COLUMBIA--(Marketwire - March 9, 2010) - David H.
Brett, President and CEO, Pacific Bay Minerals Ltd. (TSX VENTURE:PBM) (the
"Company") reports that optionee Pan American Silver Corp. has elected not to
exercise its option to acquire a 70% interest in the Regalo property in Chubut
Province, Argentina, leaving Pacific Bay with an undivided, royalty free 100%
interest in the claims, which are highly prospective for uranium and gold
mineralization. Previously unreleased results of a 2008 airborne magnetic
and radiometric survey over the 382 square kilometre property outline four
significant zones of elevated uranium concentration requiring ground follow-up.
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Xiom Corp. Introduces New Gun Model X2500
WEST CONSHOHOCKEN, PA--(Marketwire - March 9, 2010) - Xiom Corp., a wholly-owned subsidiary of Environmental Infrastructure Holdings (OTCBB: EIHC), which is the parent company of various environmental manufacturing, engineering and services companies, announced today the first in a series of new guns it plans to introduce to the market.
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Minco Gold Discovers a Significant Gold Zone on the Oujiaba Property
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Minco Gold Corporation (the "Company" or "Minco Gold") (TSX:MMM)(NYSE Amex:MGH)(FRANKFURT:MI5) is pleased to announce the discovery of a large gold zone on its 100% owned Oujiaba property, within the Yangshan Gold Belt, Gansu Province P.R.C. The discovery has been traced for approximately 6 kilometres and has the same host lithologies as the Anba gold deposit. The Anba deposit is considered to be a Carlin-type gold deposit and is estimated to have over 10 million oz Au. Please refer to the property map with sample results on the Minco website.
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Bonaparte Announces Appointment of Director
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) -
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Brett Signs Agreement in Principle for a Formal Impact and Benefits Agreement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2010) - Brett Resources Inc. ("Brett" or the "Company") (TSX VENTURE:BBR) is pleased to announce that it has reached an agreement in principle (the "Agreement") for a formal impact and benefits agreement ("IBA") relating to the Company's Hammond Reef Project ("Project") in the province of Ontario with eight First Nations of Treaty #3. The First Nation signatories are the communities of Couchiching, Lac La Croix, Mitaanjigaming, Naicatchewenin, Nigigoonsiminikaaning, Rainy River, Seine River and Lac des Mille Lacs (the "First Nations Parties"). The Agreement recognizes Brett's rights and obligations with respect to the Project and, subject to the terms of the Agreement, the endorsement and support of the First Nations Parties for Brett's ongoing exploration and development, and Brett's role as
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Forsys Announces Completion of Strategic Review for the Valencia Uranium Project
TORONTO, ONTARIO--(Marketwire - March 9, 2010) - Forsys Metals Corp ("Forsys" or the "Company") (TSX:FSY)(FRANKFURT:F2T)(NSX:FSY) has with its exclusive financial advisor, Morgan Stanley & Co. Limited ("Morgan Stanley"), completed a comprehensive review of potential strategic and financial alternatives for the Company to maximize shareholder value from its Valencia Uranium Project located in Namibia, Africa.
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Frontline Releases Jubilee Drill Results
HALIFAX, NOVA SCOTIA--(Marketwire - March 9, 2010) - Gregory Isenor, P.Geo., President and CEO of Frontline Gold Corporation. ("Frontline") (TSX VENTURE:FGC) announces that the Jubilee Zinc Project ("Jubilee") continues to deliver encouraging diamond drill results.
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Merrex Announces Jubilee Drill Results
HALIFAX, NOVA SCOTIA--(Marketwire - March 9, 2010) - Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. ("Merrex") (TSX VENTURE:MXI) announces that the Jubilee Zinc Project ("Jubilee") continues to deliver encouraging diamond drill results.
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Torch River Resources Ltd.: Mount Copeland Rare Earth Element (REE) Targets Identified: Glacier, East and West Basin Zones
CALGARY, ALBERTA--(Marketwire - March 9, 2010) - Torch River Resources Ltd. ("Torch" or the "Corporation") (TSX VENTURE:TCR) (FRANKFURT:WNF) (PINK SHEETS:TORVF) is pleased to announce geochemical and geophysical data compilation has identified REE targets on its 100% owned Mount Copeland mineral tenures. From the 2008 drill core samples (West Glacier Zone), a total of 31 select core sample (0.5-2.0 m length range) pulps were analyzed by lithium borate fusion with ICP-MS finish (Pioneer Labs, Richmond, BC report number 2092505). Elevated values of niobium, neodymium, yttrium, cerium, lanthanum, and rubidium, with zirconium, titanium and strontium listed as follows:
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Duncan Park Enters Into Dome Property Option Agreement With Sphere Resources Inc.
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