Highlights – Increase in anticipated overall yield from previous test work programs to approximately 28.5% which includes the ability to beneficiate mill feed to around 35% iron through dry magnetic separation on crushed product, delivering a sizeable reduction in estimated operating costs. – High grade, low impurity magnetite concentrate of above 68.5% iron at relatively coarse grind size of 75 to 80 micron (P80). – Alternative coarse direct sinter feed product at 65% iron can still be produced
TORONTO, ONTARIO — (Marketwire) — 03/18/13 — First Bauxite Corporation (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) ("First Bauxite" or the "Company") is pleased to announce that it has granted incentive stock options for the purchase of up to 1,200,000 common shares of the Company at a price of $0.28 for a five-year period to certain directors of the Company.About First BauxiteFirst Bauxite Corporation (TSX VENTURE: FBX) is a Canadian natural resource company engaged
TORONTO, ONTARIO — (Marketwire) — 03/18/13 — Galane Gold Ltd. ("Galane Gold" or the "Company") (TSX VENTURE: GG)(BOTSWANA: GG) is pleased to announce the results of the 2013 mineral resource update at the Company-s Mupane Property, located on the Tati greenstone belt in North Eastern Botswana. The total measured and indicated mineral resource is 508,400 ounces of gold and the total inferred mineral resource is 261,100 ounces of gold. This is the first mineral resource up
WINNIPEG, MANITOBA — (Marketwire) — 03/18/13 — Dale Ginn, President and Chief Executive Officer of SGX Resources Inc. (TSX VENTURE: SXR), is pleased to report that drilling in and around the Tully gold deposit located 25 km north of Timmins has been successful in identifying numerous sets of gold bearing veins of varying grades and thickness. The following results are the first received from the joint (50/50) SGX/San Gold (TSX: SGR) 2013 program following extensive compilation and reinterpr
OAKVILLE, ONTARIO — (Marketwire) — 03/18/13 — Canada Carbon Inc. (the "Company") (TSX VENTURE: CCB) (FRANKFURT: U7N1) announced today Paul Ogilvie, the President & Chief Executive Officer of the Company, has been replaced, effective immediately, by R. Bruce Duncan, the current Chairman of the Company (and its former President & Chief Executive Officer for many years), as the interim President & Chief Executive Officer. The Company will look to replace Mr. Duncan as int
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/18/13 — Sona Resources Corp. ("the Company" or "Sona") (TSX VENTURE: SYS)(FRANKFURT: QS7) is pleased to announce that it intends to proceed with a non-brokered private placement of up to 5,000,000 units (the "Units") at an offering price of $0.40 per Unit, for gross proceeds of up to $2,000,000. Each Unit will consist of one common share and one-half of one warrant (a "Warrant"), with each whole Warrant
TORONTO, ONTARIO — (Marketwire) — 03/18/13 — Augustine Ventures Inc. (CNSX: WAW) ("Augustine" or the "Company") is pleased to announce that it has reached a subsequent amending agreement ("Second Amending Agreement") with Citabar Limited Partnership ("Citabar") to further amend the Surluga Property Option Agreement ("Option Agreement"), which was originally signed by the parties on April 16, 2009. Citabar is engaged in the exploration of gol
COLORADO SPRINGS, CO — (Marketwire) — 03/18/13 — (NYSE MKT: GORO) (the "Company") today announced record annual mill production of 90,432 precious metal gold equivalent (AuEq) ounces for 2012 and confirms its 2013 Outlook. Gold Resource Corporation is a low-cost gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $75 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/18/13 — Lincoln Mining Corporation (TSX VENTURE: LMG) ("Lincoln" or the "Company") is pleased to announce that its has received the necessary permit from the BLM for its planned drill program at the Bell Mountain gold-silver property in Churchill County, Nevada. Lincoln controls the Bell Mountain project through a purchase agreement and assignment of an option to earn 100% of the property. Drilling will consist of core dril
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/18/13 — Bralorne Gold Mines Ltd. (the "Company") (TSX VENTURE: BPM)(OTCQX: BPMSF)(BERLIN: GV7)(FRANKFURT: GV7)(WKN A0B75M) is pleased to announce that it has entered into an investor relations services agreement with D&D Securities Inc. ("D&D") for a term of 12 months at a monthly fee of $5,000 commencing on the date of the agreement, subject to the approval of the TSX Venture Exchange.About D&D Securities Inc.A
