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Mining & Metals

SIRIOS Resources Inc.: First Closing of Private Placement for $175,600 0

MONTREAL, QUEBEC — (Marketwire) — 03/01/13 — SIRIOS RESOURCES INC. (TSX VENTURE: SOI) completed a first closing of a non-brokered private placement with accredited investors as previously announced. An amount of $175,600 was subscribed, composed of 798,181 shares and the same number of warrants. A director of the Company subscribed for an amount of $25,000. There will be a hold period of four months on all securities issued under this financing.The placement consists of 2 727 273 units of S

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Sage Reports Clavos PEA-71% Internal Rate of Return and $23MM NPV (pre-tax) 0

TORONTO, ONTARIO — (Marketwire) — 03/01/13 — Sage Gold (TSX VENTURE: SGX) ("the Company") is pleased to announce the results of a Preliminary Economic Assessment ("PEA or the Study") for the Clavos Gold deposit located east of Timmins, Ontario.The Company commissioned Mr. Robert Ritchie P.Eng, (Ontario & Manitoba), an independent engineer, on behalf of the Clavos Joint Venture Committee (60% Sage- 40% St Andrew Goldfields Ltd TSX-SAS), to prepare an independent Techn

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Augustine Closes Private Placement Financing 0

TORONTO, ONTARIO — (Marketwire) — 03/01/13 — Augustine Ventures Inc. (CNSX: WAW) ("Augustine" or the "Company") is pleased to announce that it has closed on a non-brokered private placement of 1,200,000 Flow-Through Units at the price of $0.10 per unit for gross proceeds of $120,000. Each Flow-Through Unit consists of one flow through common share and one half Warrant.Each whole Warrant entitles the holder to purchase one common share of Augustine at an exercise price of

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Gowest Gold Announces Grant of Options, Issues Shares 0

TORONTO, ONTARIO — (Marketwire) — 03/01/13 — Gowest Gold Ltd. ("Gowest" or the "Company") (TSX VENTURE: GWA)(OTCBB: GWSAF) announces that a total of 2,550,000 options to purchase common shares of the Company were granted on March 1, 2013 to directors, officers and consultants at an exercise price of $0.12 per share, expiring on March 1, 2018. The grant is subject is subject to regulatory approval.Gowest also announces that it intends to issue, subject to TSX Venture Exch

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Rye Patch Announces Results From the 2012 Patty Exploration Program 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/01/13 — Rye Patch Gold Corp. (TSX VENTURE: RPM)(OTCQX: RPMGF)(FRANKFURT: 5TN) (the "Company" or "Rye Patch") is please to announce the results of its fall 2012 drilling and exploration program on the Patty project located in Eureka County, Nevada.HIGHLIGHTS:The Patty project is an early-stage property located along the structural projection of the prolific and highly prospective Cortez trend. The 2012 drilling campaign focu

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Tirex Oversubscribes Previously Announced Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/01/13 — Tirex Resources Ltd. (TSX VENTURE: TXX) is pleased to announce that it has increased the amount of the private placement announced on February 20, 2013. Due to the financing being over-subscribed, Tirex will issue an additional 200,000 common shares at a price of $0.50 per share for additional proceeds of $100,000. Finder-s fees may be payable in connection with the additional placement.This increase is subject to receipt of applicable

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Seafield Resources Announces Initial Drawdown of $3.3M from Loan Facility 0

TORONTO, ONTARIO — (Marketwire) — 03/01/13 — Seafield Resources Ltd. ("Seafield" or "the Company") (TSX VENTURE: SFF) and RMB Australia Holdings Limited ("RMB") are pleased to announce Seafield has made an initial drawdown of $3.3 million from the $16.5 million loan facility (the "Facility") with RMB. The Facility was arranged by RMB Resources Inc., a resources financing business within the FirstRand Group of South Africa (FSR: SJ). Details of the fac

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Leo Mining and Exploration Limited Acquires 4,285,715 Units of Mkango Resources Ltd. 0

LONDON, UNITED KINGDOM — (Marketwire) — 03/01/13 — Leo Mining and Exploration Limited ("Leominex") is pleased to announce that it has acquired 4,285,715 units (the "Units") of Mkango Resources Ltd. ("Mkango") on a non-brokered private placement basis at a price per Unit of C$0.175 and for an aggregate subscription price of C$750,000. Each Unit consists of one common share (a "Common Share") and one-half of one common share purchase warrant of Mkango

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Turnberry Announces Results of 2012 Work Program 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/01/13 — Turnberry Resources Ltd. (TSX VENTURE: TUR) ("Turnberry" or, the "Company"), announces the results of the diamond drilling program completed in 2012 on the Wildhorse property. The Wildhorse property is located 30 kilometers northeast of Cranbrook, in south-eastern British Columbia. Turnberry holds the exclusive right to earn up to a 75% interest in the property.2012 Program ResultsThe 2012 program consisted of 555.4

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Millrock Clarifies Previous Technical Disclosure 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/01/13 — Millrock Resources Inc. (TSX VENTURE: MRO) ("the Company") reports that as a result of a review by the BC Securities Commission, the Company is issuing this news release to clarify previous technical disclosure.Qualified Person: The Company did not include the name of the qualified person who approved, prepared or supervised the preparation of the technical information appearing in previous versions of the Company-s website a

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