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Todays is : Friday, 12 March 2010

TSX and TSX Venture Mining and Metals News

  • 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

  • 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.

  • 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
  • Hudson Announces Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) -

  • 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.

  • 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.

  • 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.
  • Genco Closes Final Tranche of $4.77 Million Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) -

  • 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.

  • 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.

  • Santa Fe Metals Announces Completion of Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) - Santa Fe Metals Corp. (TSX VENTURE:SFM) -

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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

  • Central Iron Ore Limited: Sale of British King and Eureka Gold Mines

    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 11, 2010) -

  • 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").

  • 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.

  • 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.

  • 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.

  • Allied Gold Limited: Board Appointment

    TORONTO, ONTARIO--(Marketwire - March 11, 2010) -

  • 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.

  • 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

  • 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.

  • 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.

  • 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.

  • 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. 

  • 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.

  • 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.

  • 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.

  • Kinross Announces Proposed Acquisition of Underworld Resources

    Offer represents a premium of 36%

  • 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.

  • 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.

  • 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. 

  • 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.

  • 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.

  • 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

  • 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

  • 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.

  • 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).

  • 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.

  • 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.

  • 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).

  • 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.

  • 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) -

  • 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.

  • 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.

  • 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.

  • 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

  • Colorado Goldfields' Pride of the West Mill Permit Application Complete

    Gold Stocks

  • 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).

  • Gabriel Resources Ltd.: Fourth Quarter 2009 Report

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  • Valdez Gold Inc. Announces Closing of Private Placement Financing

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

  • Almaden Minerals Ltd.: Tuligtic Copper Project Update

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

  • 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.

  • 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.

  • 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.

  • Alberta Star Announces 5:1 Consolidation of Common Shares

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

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

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

  • Ascot Resources Ltd. Acquires the Mt. Margaret Property

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

  • Rhyolite Resources Ltd. Closes Private Placement

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

  • Avascent Releases White Paper on Adjacent Market Growth

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

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

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

  • Kinetex Announces Change of Auditor

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

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

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

  • Paget Minerals Announces $175,000 Private Placement

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

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

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

  • Largo Resources Closes Second Tranche of Private Placement Financing

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

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

    Drilling program extended to 10,000 meters

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

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

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

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

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

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

  • Allied Gold Resources Hit 7.8 Million oz

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

    Simberi , PNG

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

    - 170% increase in Measured and Indicated Resources

    Gold Ridge, Solomon Islands

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

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

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

  • 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.

  • 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.

  • 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

  • Crowflight Resumes Milling Operations at Bucko

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

  • Queenston Nets $10.7 Million from the Exercise of Warrants

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

  • BioteQ Advances Third Project in China

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

  • Iberian Minerals Arranges Financing for Raul Purchase

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

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

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

  • Canadian Shield Resources Ltd.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  • Alto Group Updates Operational Plans and Market Conditions

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

  • TNR Provides Update on Los Azules Copper Project

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

  • Fission Arranges Brokered Private Placement

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

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

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

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

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

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

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

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

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

  • Amerigo's Chilean Operations Resume Full Production

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

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

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

  • Terrane Appoints New Chief Financial Officer

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

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

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

  • Orocan Announces Qualifying Transaction

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

  • Trelawney Adopts Shareholder Rights Plan

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

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

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

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

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

    Closing of a $500,000 private placement

  • Cavan Updates on the Private Placement and KM Property

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

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

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

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

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

  • NovaGold Announces Completion of US$100 Million Financing

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

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

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

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

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

  • Diadem Closes Equity Financing of $400,000

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

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

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

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

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

  • Laramide Reports Remaining Assays From 2009 Drilling at Westmoreland

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

  • Candente Copper Completes $6.2 Million Financing

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

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

  • First Gold 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.

  • 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.

  • 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.

  • 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.

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

    PROVIDES TECHNICAL AND GEOLOGIC UPDATE

  • SCIA "Spring Into Action Conference"

    April 3rd, 2010 Hilton Hotel, Irvine, CA

  • Probe Provides Operational Update

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

  • Hudson Clarifies Resource Disclosure

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

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

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

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

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

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

  • Xiom Corp. Introduces New Gun Model X2500

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

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

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

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

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

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

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

  • 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.

  • 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.

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

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

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

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

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

    BRABANT LAKE ZINC PROJECT-LAND POSITION EXPANDED

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

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

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

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

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

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

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

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

  • Amazon Mining Reports Initial Resource at Cerrado Verde Project
    105 million tonnes at 10.3% K2O Inferred Resource
  • New President of Sunergy, Inc. Karl Baum Conducts Exclusive Webcast Interview With The Green Baron Report to Discuss Its Gold Properties and Recent News

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

  • Franconia Minerals Announces Decision to Extend and Reprice Warrants Issued in 2007 Financing

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

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

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

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

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

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

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

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

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

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

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

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

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

  • Hochschild Mining Increases Holding in Gold Resource Corporation

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

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

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

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

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

  • Orocobre Limited Announces Private Placement

    - C$20 Million Canadian Equity Offering

    - Precursor to dual listing on Toronto Stock Exchange

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

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

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

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

  • Actus Minerals Appoints New Officer

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

  • Baja Files Updated Technical Report and Amended Financial Statements

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

  • Baja Files Base Shelf Prospectus

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

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

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

  • Centurion Announces Options Grant

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

  • Amazon Mining Reports Initial Resource at Cerrado Verde Project

    105 million tonnes at 10.3% K2O Inferred Resource

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

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

  • God's Lake Appoints Baker to President and CEO

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

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

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

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

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

  • Esperanza Silver Corporation: Successful Completion of Private Placement

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

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

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

  • Celeste Announces Resignation of CEO

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

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

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

  • Gabriel Resources to Release Fourth Quarter 2009 Results

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

    About Gabriel

  • Strongco Recognized by Volvo

    2009 Leaders in Construction Equipment, Financial Services

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

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

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

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

  • American Manganese Inc.: Incentive Stock Options

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

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

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

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

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

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

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

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

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

  • Nuinsco Acquires Gold Project in Lake of the Woods Region

    New claim package lies along strike from past producing Wendigo Mine

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

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

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

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

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

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

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

  • Quantum Proceeds With Acquisition of Silver Mountain

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

  • Midas Fund Announces Conference Call

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

  • Northern Abitibi Updates 2010 Exploration Plans at Viking

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

  • EUROPEAN GOLDFIELDS LIMITED: 2009 RESULTS CONFERENCE CALL & WEBCAST

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

  • Benton Receives Additional Drill Results From Deloro

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

  • Cadan Announces Major Milestone

    SIGNS STRATEGIC DEVELOPMENT AGREEMENT FOR TAGPURA SKARN COPPER-GOLD PROJECT

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

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

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

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

  • Woulfe Announces Positive Results from Its Sangdong Scoping Study

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

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

  • Western Troy Stakes Claims on Additional Gold Anomalies at Schefferville

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

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

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

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

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

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

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

  • Balaton Power Provides Update Report on Bauxite Project

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

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

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

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

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

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

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

  • Donner Metals Ltd.: Bracemac-McLeod Update

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

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

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

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

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

  • Gold-Ore Announces 2009 and Fourth Quarter Financial Results

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

  • Cluff Gold plc: Update on Resource, Reserves and Brownfield Exploration Plans
    LONDON, UNITED KINGDOM--(Marketwire - March 8, 2010) - Cluff Gold plc ("Cluff Gold" or the "Company") (TSX:CFG)(AIM:CLF) - C
  • Medusa Mining Limited: Bonus Issue of Shares

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

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

  • Mr. J. Gianni Kovacevic Appointed as Director and Chairman, Romulus Resources Ltd.

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

  • Wahgoshig First Nation and Detour Gold Sign Letter of Intent

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

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

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

  • BacTech Closes Financing

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

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

    - Micon International's PEA confirms robust economics at Elmtree

    - Management fast-tracking Elmtree to bankable feasibility this year

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

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

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

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

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

  • Le Projet Canadian Malartic en 2009: Plus de 500 emplois et 167 millions $ d'investissements pour l'Abitibi-Témiscamingue
    MONTREAL, QUEBEC--(Marketwire - 8 mars 2010) - Corporation Minière Osisko ("Osisko" ou la "Société")(TSX:OSK) a investi 315 millions $ dans le développement de son Projet Canadian Malartic (le "Projet") en 2009, dont 272 millions $ au Québec et 167 millions $ en Abitibi-Témiscamingue. A la fin de l'année, plus de 500 personnes, à l'emploi d'Osisko ou de ses sous-traitants, travaillaient au Projet. La quasi-totalité de ces personnes sont de la région d'Abitibi-Témiscamingue. C
  • Western Areas NL and Troy Resources NL: New Nickel Sulphide Discovery at Sandstone Joint Venture
    PERTH, AUSTRALIA--(Marketwire - March 8, 2010) - T
  • Industrial Minerals Completes C$2.1M Financing

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

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

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

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

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

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

    - Gold system open to below 500 m vertical depths

  • NGEx Hits Significant New Copper/Zinc Discovery in Eritrea

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

  • Brett Drilling Continues to Confirm Continuity of Mineralization Along Known Trends

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

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

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

  • North Bay Resources Inc.: NI 43-101 Resource Estimate on Capoose Property Announced

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

  • Cabo Announces Shareholders' Agreement With Tahltan Nation Development Corporation

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

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

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

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

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

  • Tinka Options Anita de Tibillos Copper Porphyry Project in Peru

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

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

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

  • Apoquindo Expands Main Zone an Additional 100m West Intersecting 144m of 0.68% Cu & 0.13 g/t Au
    - Hole ZFDDH10-012 intersects 144m (86-230m) of 0.68% Cu & 0.13 g/t Au, including 29.4m (100.6-130m) of 1.62% Cu & 0.19 g/t Au. - This hole is 100m step out west of ZFRC07 and ZFDDH10, and expands the mineralization further west than previously identified - Drilling to date at the Zafranal Main Zone has confirmed chalcocite mineralization 2,800m in strike, up to 600m wide and between 30 - 150m thick
  • Northern Superior Completes Diamond Drill Program, Nears Completion of Its Geophysical Program, Wachigabau Gold Property, Quebec

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

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

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

  • Rio Novo Gold Completes $40 Million Initial Public Offering
    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - N
  • Alexis Projects Robust Economics at Snow Lake Mine With IRR of 191%

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

  • Excellon Announces Epithermal Vein Exploration at Miguel Auza

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

  • Geologix Closes $4,059,049 Public Offering

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

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

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

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

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

  • Kivalliq Announces Aggressive 2010 Exploration Program; Acceleration of Warrants

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

  • Rockhaven Resources Ltd. Announces Acquisition of Mount Hinton Property

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

  • Fission Energy Drills Four More Vertical Step-Out Holes That Extend the J-Zone Including Intervals of 1.9m and 1.6m Over 9,999 CPS

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

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

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

  • Corona Gold Grants Option on Sugar Zone Property

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

  • Troymet Confirms VMS Target on 100% Owned McClarty Claims

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

  • Paramount Gold and Silver Corp. Discovers Second Bulk-Mineable Gold Target at San Miguel Project in new San Francisco Area as Resource Delineation Continues
    CHIHUAHUA, MEXICO--(Marketwire - March 8, 2010) - Paramount Gold and Silver Corp. (NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G) - R
  • ATAC Resources Ltd. Dramatically Increases Its Land Position at Its Rau Gold Project in Yukon

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

  • NovaGold Announces Additional US$75 Million Financing

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

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

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

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

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

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

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

  • Uragold Acquires 100% Interest in the Bulstrode Rare Earth Property, Therefore Increasing its Substantial Properties Holding in the Southern Quebec Appalachian Belt
    MONTREAL, QUEBEC--(Marketwire - March 8, 2010) - Uragold Bay Resources Inc. (Uragold) (TSX VENTURE:UBR), is pleased to announce it has acquired by map staking 100% interest in the Bulstrode Rare Earth property located 28 km west of Thetford Mines, Eastern Townships, Quebec, approximately 150 km east of Montreal. T
  • X-Cal Resources Ltd.: Addition of a Development Team Is Next for Sleeper

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

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

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

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

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

  • Serge Miller Appointed CEO of ArcelorMittal Mines Canada

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

  • Spanish Mountain Engages Peter Grandich

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

  • Hunt Mining Corp.: Appointment of Mr. Scott Brunsdon to Board of Directors

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

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

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

  • Eastern Dragon Resource and Reserve Update

    42% Increase in Proven and Probable Ounces

  • Exploration NQ inc./Propriété Carheil : 10,5 mètres à 1,66 % zinc et 550 g/t d'argent
    LAVAL, QUEBEC--(Marketwire - 8 mars 2010) - Exploration NQ inc. (TSX CROISSANCE:NQE) a le plaisir d'annoncer les résultats de la campagne de forage automne-hiver 2010 sur sa propriété Carheil en Abitibi, Québec. Les six sondages, totalisant 3 160,5 mètres, ont tous intersecté des zones minéralisées en cuivre-zinc, avec parfois or et argent; plusieurs de ces intersections sont parmi les plus riches de toute la région. Bien que les zones à veinules volcanogènes soient généralement moins larges que dans les sondages précédents, les concentrations en métaux de base et en métaux précieux sont beaucoup plus élevées. De plus, les sondages les plus profonds démontrent une importante augmentation de l'intensité et de l'épaisseur de l'altération en chlorite noire, de même qu'un épaississement marqué des unités volcaniques felsiques avec l'apparition d'une unité d'agglomérat polymictique; se sont des critères bien connus qui indiquent un environnement géologique à sulfures massifs volcanogèn
  • NQ Exploration Inc./Carheil Property: 10.5 Metres at 1.66% Zinc and 550 g/t Silver
    LAVAL, QUEBEC--(Marketwire - March 8, 2010) - NQ Exploration Inc. (TSX VENTURE:NQE) is pleased to report the results of its 2010 fall-winter drilling program on its Carheil project in the Abitibi region of Quebec. The six holes totalling 3,160.5 metres all intersected zones mineralized in copper-zinc, and sometimes gold and silver. Many of the intersections are among the richest in the region. While the volcanogenic stringers zones are generally less wide than in earlier holes, they contain much higher concentrations of base and precious metals. Furthermore, the deepest holes show a significant increase in the intensity and thickness of the black chlorite alteration, as well as a marked thickening of the felsic volcanic units, along with the appearance of a polymictic agglomerate unit; these are well-recognized indicators of an increasingly proximal volcanogenic massive sulphide geological environment.
  • Sulliden Intersects 1.30 g/t Gold Over 76.25 Meters and 1.00 g/t Gold Over 107 Meters in the Gap Zone
    TORONTO, ONTARIO--(Marketwire - March 8, 2010) - Sulliden Gold Corporation ("Sulliden", the "Company") (TSX:SUE)(OTCQX:SDDDF) is pleased to report assay results for an additional four holes, totalling 850 meters, which completes its current exploration program that targeted the eastern portion of the deposit on the Shahuindo Gold Project in Peru. The exploration program generated positive results from the South, San Jose, Gap, East and Moyan Alto zones, which demonstrate the continued growth potential of the Shahuindo deposit. Results include hole RSH10-112 that assayed 1.30 g/t Au and 2.8 g/t Ag over 76.25 meters and hole RSH10-113 that assayed 1.00 g/t Au and 23.4 g/t Ag over 107.1 meters.
  • PC Gold Hits Abundant Visible Gold in Two Thick Intercepts of the Newly Discovered No. 19 Vein; Drills 8.23 g/t Gold Over 7.6 Metres; Assays Pending for Second Hole

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

  • Kria Resources Submits Environmental Impact Assessment Registration Document for its Halfmile Lake Project

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

  • Goldstone Resources Plans Aggressive 2010 Exploration Program

    Supplements joint venture program operated by Premier Gold

  • Quadra Mining Ltd. Announces 2009 Year End and Fourth Quarter Financial Results
    VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - (
  • Largo Resources Closes First Tranche of Private Placement Financing

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

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

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

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

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

  • DOT Announces New Copper Discovery

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

    SUMMARY

  • Colombian Mines Mobilizes Second Drill to Yarumalito and Provides Project Updates

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

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

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

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

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

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

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

  • Salares Lithium's Geophysical Survey Delineates Brine Bearing Horizon

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

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

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

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

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

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

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

  • Alexco Awards Mining Services Contract

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

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

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

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

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

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

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

  • Autlan Exercises Warrants of GFM Resources Limited

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

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