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Mining & Metals

Rift Basin Closes Final Tranche of A Private Placement for Additional Gross Proceeds of $380,000 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — Rift Basin Resources Corp. (TSX VENTURE: RIF) (the "Company" or "Rift Basin") announces that it has closed the second and final tranche of the non-brokered private placement of units (the "Private Placement") previously announced in its news release of December 21, 2012.The final tranche closing consisted of 3,800,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of $380,000

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Fortunate Sun Mining Announces Results of Special General Meeting 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — Fortunate Sun Mining Company Ltd. (TSX VENTURE: FSM) (Fortunate Sun or, the "Company") announces the results of its Special General Meeting initially held on Friday, February 8, and subsequently re-convened on Thursday, March 7, 2013.1) Ordinary Resolution to Change the Name of the Company was approved:2) Special Resolution to Consolidate the Shares at a ratio of up to 5:1 was defeated:3) Ordinary Resolution to adopt an Advan

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Talmora Diamond Inc.: Packsack Drill Program Analyses 0

TORONTO, ONTARIO — (Marketwire) — 03/12/13 — Talmora Diamond Inc. (CNSX: TAI) is pleased to report the analytical work completed on cuttings from Packsack drill holes completed in 2012. The Packsack drill, rated for depths of up to 100-, was used to sample and test the thickness of overburden over 4 magnetic anomalies in dolomite bedrock. Three of five holes penetrated glacial overburden and ended in rusty brown (lateritized?) clay, containing fragments of dolomite. Core could not be recove

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Unigold Strengthens Executive Team 0

TORONTO, ONTARIO — (Marketwire) — 03/12/13 — Unigold Inc. ("Unigold" or the "Company") (TSX VENTURE: UGD) is pleased to announce Wes Hanson, P.Geo., has joined the Company as Chief Operating Officer and Technical Director. Mr. Hanson is a Professional Geologist with over 30 years- experience devoted towards the exploration and development of both precious metals and base metals deposits.Mr. Hanson-s experience includes regional exploration, resource definition drilling a

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Orefinders Assembles „South Break“ Land Package in Kirkland Lake-Larder Lake Gold District 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — Orefinders Resources Inc. (TSX VENTURE: ORX) has entered into agreements to acquire several properties along a major structure which will be called the" South Break Project" in the Kirkland Lake- Larder Lake gold district. This land package includes patent claims optioned from the "Yost" estate which have not been optioned or explored since the late 1940-s. The last historical drilling program on the Yost patents oc

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Detour Gold Closes $135 Million Senior Secured Credit Facility 0

TORONTO, ONTARIO — (Marketwire) — 03/12/13 — Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") is pleased to report that it has successfully closed a $135 million senior secured credit facility (the "Facility"). The Facility is comprised of a $90 million revolving credit facility and a $45 million letter of credit facility. The Facility is for a tenor of three years and is available for working capital during the ramp-up period, financial assu

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Aurizon Announces Hearing on New Shareholder Rights Plan 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — The Board of Directors of Aurizon Mines Ltd. (TSX: ARZ)(NYSE MKT: AZK) ("Aurizon" or the "Company") announced today that the British Columbia Securities Commission (the "BCSC") will hold a hearing on March 15, 2013 in response to an application made by Alamos Gold Inc. ("Alamos") for an order to cease trade Aurizon-s new shareholder rights plan (the "New Rights Plan"). The New Rights Pl

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Ultra Lithium Closes First Tranche of Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — Ultra Lithium (TSX VENTURE: ULI)(FRANKFURT: QFB) ("the Company" or "Ultra") is pleased to announce that it has closed the first tranche of its $4.5 million non-brokered private placement previously announced on January 21, 2013. Ultra Lithium raised $2,500,000 through the issuance of 50,000,000 units at a price of $0.05 per unit. Each unit consists of one common share and one common share purchase warrant of the Com

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EastCoal Inc.: TSX-V Approval Received for the Conversion of Aponet Enterprises Limited Debenture Into Common Shares 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/12/13 — EastCoal Inc. (TSX VENTURE: ECX)(AIM: ECX) ("EastCoal" or the "Company") is pleased to announce that it has received TSX-V approval for the conversion of the US$4 million Aponet Enterprises Limited debenture into 17,391,305 common shares of EastCoal Inc. effective 12 March 2013 as detailed in today-s earlier announcement. The new common shares, which rank equally with the existing common shares in the Company, are e

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CFI Announces Encouraging Assay Results from the First Two Diamond-Drill Holes Completed on the Director Vein Including One Hole Having an Average Assay of 80.12% CaF2 over 3.95 Metres Down Depth 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 03/12/13 — Canada Fluorspar Inc. (TSX VENTURE: CFI) ("CFI" or the "Company") is pleased to announce encouraging assay results from its Phase 1 diamond drilling program along the northern extension of the Director Vein. The first two drillholes are located approximately 500 metres and 315 metres north, respectively, of Aluminum Company of Canada-s ("Alcan") old mine workings of the Director Vein. Both drillh

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