VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/20/13 — (All US$ unless otherwise specified)Mercator Minerals Ltd (TSX: ML) ("Mercator" or the "Company") today announced its financial results for the three months and year ended December 31, 2012. For 2012 the Company reported revenues of $262.6 million, an operating profit of $24.7 million before the El Creston asset impairment charge(i), a net loss of $128.7 million (loss of $0.48 per share, basic) or an adjusted net los
SCOTTSDALE, AZ — (Marketwire) — 03/20/13 — Cupric Canyon Capital ("Cupric") is pleased to announce the addition of Samuel Rasmussen to its management team as the company gears up for development of its newly-acquired assets in Botswana and Namibia.Sam joins Cupric as its chief executive in charge of development projects in Africa. He is a seasoned professional in the copper industry, most recently serving as general manager of the Los Bronces copper mine and process facilities in C
CHICOUTIMI, QUEBEC — (Marketwire) — 03/20/13 — Arianne Resources Inc. (TSX VENTURE: DAN)(FRANKFURT: JE9N)(OTCBB: DRRSF) announces that it intends, subject to regulatory approval, to amend the terms of 4,000,000 common share purchase warrants ("Warrants") issued as part of its private placement in April 2011. Each of the Warrants, which were part of the units being issued, entitled its holder to purchase one common share of Arianne ("Common Share") at an exercise price of
TORONTO, ONTARIO — (Marketwire) — 03/20/13 — Aura Minerals Inc. ("Aura Minerals" or the "Company") (TSX: ORA) announces financial and operating results for the fourth quarter and full year of 2012.This release does not constitute management-s discussion and analysis ("MD&A") as contemplated by applicable securities laws and should be read in conjunction with the MD&A and the Company-s audited consolidated financial statements for the year ended December
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/20/13 — Nevsun Resources Ltd. (TSX: NSU)(NYSE MKT: NSU) is pleased to report its financial and operating results for the year ended December 31, 2012. Unless otherwise noted, with the exception of earnings per share and cash cost per ounce figures, all results are in thousands of US dollars.This release should be read in conjunction with Nevsun Resources Ltd.-s (Nevsun or the Company) consolidated financial statements for the years ended Decem
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/20/13 — Victory Mountain Ventures Ltd. (TSX VENTURE: VMV) ("Victory") reports that it is canceling the non-brokered private placement of up to 10,500,000 units for total proceeds of up to $2,500,000 previously announced November 22, 2012.The Company also reports that it will not be proceeding with the Option Agreement with Klondike Silver Corp, previously announced January 8, 2013, to option a portion of the Silver Slocan Mining Camp
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/20/13 — Cardero Resource Corp. (TSX: CDU)(NYSE MKT: CDY)(NYSE Amex: CDY)(FRANKFURT: CR5) ("Cardero" or the "Company") announces that Michael Hunter has resigned as the Chief Executive Officer and President, and as a director, of the Company, effective March 19, 2013. The Company would like to thank Michael for his service and significant contribution to the Company. The Board of Directors has appointed Hendrik van Alphen as
TORONTO, ONTARIO — (Marketwire) — 03/20/13 — Kitrinor Metals Inc. (TSX VENTURE: KIT) ("Kitrinor" or the "Company") is pleased to announce the results of a preliminary drill program on the Company-s Culroc property of six holes totalling 2,229 metres that was completed during the period December 14, 2012 to January 22, 2013 as shown in the table below. The Culroc property is located in Sothman Township approximately 60 kilometres south of Timmins, Ontario and is surrounde
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/20/13 — True Gold Mining Inc. (TSX VENTURE: TGM) ("True Gold" or the "Company") reports that, as a result of a review by the British Columbia Securities Commission (the "BCSC"), the Company is issuing the following news release to clarify its disclosure.On August 20, 2012, the Company disclosed the results of a preliminary economic assessment (the "PEA") carried out on the Company-s Karma Gold Project (t
RIMOUSKI, QUEBEC — (Marketwire) — 03/20/13 — Ressources Appalaches (TSX VENTURE: APP) has completed the final payment of $75,000 in order to acquire 100% of the East Dufferin property adjacent to the Dufferin Mine in Nova Scotia. This strategic acquisition is related to the future development of the mine, located contiguous and directly to the east of Dufferin Mine (press release of August 23, 2012). Those claims are subject to a 2% net smelter return royalty, which may be purchased for $1