Category: Mining & Metals

Marlin to Issue Shares to Settle Deferred Contractor Payments

Marlin to Issue Shares to Settle Deferred Contractor Payments

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/10/14 — Marlin Gold Mining Ltd. (TSX VENTURE: MLN) ("Marlin" or the "Company") is pleased to announce that Marlin has arranged to settle certain deferred payments with the Company–s mining contractor at the La Trinidad mine by way of issuing common shares. The Company previously disclosed that it will issue up to 1,200,000 common shares to the contractor but has since negotiated to issue an additional 500,000 common share

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Probe Mines Consolidates 100% Ownership of the Borden Gold District

Probe Mines Consolidates 100% Ownership of the Borden Gold District

TORONTO, ONTARIO — (Marketwired) — 12/10/14 — Probe Mines Limited (TSX VENTURE: PRB) ("Probe" or the "Company") is pleased to announce that it has signed a definitive agreement and concurrently closed the acquisition of Boises Landrienne Inc ("BLI"), a wholly owned subsidiary of Scierie Landrienne Inc ("SLI"). The acquisition secures 100% ownership of the mineral rights to 486 patented claims in and around the Borden Gold deposit, which include key cl

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Orbite Announces Change to its Board of Directors

Orbite Announces Change to its Board of Directors

MONTREAL, QUEBEC — (Marketwired) — 12/10/14 — Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Company") announced today that following his appointment as Chief Financial Officer of Barrick Gold, Mr. Shaun Usmar resigned, effective today, from his position as Director of the Company."We would like to thank Shaun for his support of the Company during his time on our Board and wish him success in his new position," stated Claude Lamoureux, Orbite–

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Aberdeen Affirms Commitment to Corporate Governance Enhancements

Aberdeen Affirms Commitment to Corporate Governance Enhancements

TORONTO, ONTARIO — (Marketwired) — 12/10/14 — Aberdeen International Inc. (TSX: AAB) ("Aberdeen" or the "Company") today continued on its path to enhance its Board of Directors and implement governance best practices by announcing certain Board changes that will strengthen the overall expertise, independence, and accountability of the Board to shareholders. The renewed Board will include the appointment of three highly qualified and prominent independent directors who wi

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Xmet Engages Geotech to Fly Airborne VTEM and Magnetics Over Grasset

Xmet Engages Geotech to Fly Airborne VTEM and Magnetics Over Grasset

TORONTO, ONTARIO — (Marketwired) — 12/10/14 — Xmet Inc. (TSX VENTURE: XME) ("Xmet") is pleased to announce that it has engaged Geotech (formerly Aeroquest International) to complete the first airborne Versatile Time Domain Electromagnetic ("VTEM") and Magnetic Gradiometer Survey on its 100% owned Grasset Project. The airborne survey is scheduled to begin in the next week and will consist of 330 line km in a north-south grid pattern with 100 metre spacing between lines.&q

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Granite Creek Announces Consolidation

Granite Creek Announces Consolidation

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/10/14 — Granite Creek Gold Ltd. (the "Company") (TSX VENTURE: GCX) announces that effective Thursday, December 11, 2014 at market open, the Company will consolidate its common shares on the basis of one (1) new post-consolidation common share for every four (4) pre-consolidation common shares. The Company–s common shares will begin trading on a post consolidated basis on the TSX Venture Exchange on December 11, 2014.As a result of

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Mindoro Joint Venture Completes Third DSO Shipment from Agata

Mindoro Joint Venture Completes Third DSO Shipment from Agata

EDMONTON, ALBERTA — (Marketwired) — 12/10/14 — Mindoro Resources Ltd. (TSX VENTURE: MIO)(FRANKFURT:WKN 906167) today announced completion of a third shipment of high-iron/low nickel direct shipping ore ("DSO") from the Agata project, located in northern Mindanao, the Philippines. The Agata project is held by Agata Mining Ventures Inc. ("AMVI"), a joint venture company owned 40% by Mindoro and 60% by the project operator, TVI Resource Development (Phils.), Inc. ("TVI

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Clifton Star Issues Urgent Shareholder Letter

Clifton Star Issues Urgent Shareholder Letter

QUEBEC CITY, QUEBEC — (Marketwired) — 12/10/14 — Clifton Star Resources Inc. ("Clifton Star" or the "Company") (TSX VENTURE: CFO)(FRANKFURT: C3T) issued the following letter to Company–s shareholders in response to a press release issued on December 9th by Harry Miller, the former president of the Company;Dear fellow Shareholder:The upcoming Annual Meeting of shareholders of Clifton Star is more important than ever. Harry Miller is attempting to execute a "cashless

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Maudore Announces Third Quarter 2014 Results

Maudore Announces Third Quarter 2014 Results

VAL-D–OR, QUEBEC — (Marketwired) — 12/10/14 — Maudore Minerals Ltd. ("Maudore" or the "Corporation") – (TSX VENTURE: MAO)(OTCBB: MAOMF)(FRANKFURT: M6L) – announces its financial results for the third quarter ended September 30, 2014 ("Q3-14").Highlights for Q3-14Financial resultsResignation of CFOFollowing this filing of the third quarter results, Mrs. Claudine Bellehumeur has tendered her resignation as Chief Financial Officer of the Corporation. "Claudi

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Kaizen Discovery Announces Positive Results of Phase-One Drilling at Aspen Grove Copper Project in British Columbia, Canada

Kaizen Discovery Announces Positive Results of Phase-One Drilling at Aspen Grove Copper Project in British Columbia, Canada

Multiple Potential Targets Established for 2015 Phase-Two Drilling

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