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Mining & Metals

Niocan Completes the Conversion of its Debentures 0

MONTREAL, QUEBEC — (Marketwire) — 02/28/13 — Niocan Inc. ("Niocan") (TSX: NIO) announced today that it has completed the previously announced conversion of the Secured Debentures Series 2011-I dated August 29, 2011 as amended on August 29, 2012 (the "Debentures"). The Debentures, which bore the principal amount of $3,005,000, have been converted into 2,176,035 common shares in the capital of Niocan.About NiocanNiocan-s mission is to become a ferroniobium producer as soo

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Eagle Star Intersects High-grade Mineralization Near Surface and More Than Doubles Length of Mineralization at the Bomfim Project A1 Target 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/28/13 — Eagle Star Minerals Corp. (TSX VENTURE: EGE)(PINKSHEETS: ELGSF)(FRANKFURT: E6R) ("Eagle Star" or "the Company") is very pleased to announce that it has significantly increased the mineralized zone at target A1 by more than doubling its length to 570 metres (previously announced as 250 metres – see news release dated 12 November, 2012). Two pits opened to the south of scout drilling holes BRF-03 and BRF-15 along stri

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Cabo Drilling Announces 2nd Quarter Results 0

NEW WESTMINSTER, BRITISH COLUMBIA — (Marketwire) — 02/28/13 — Cabo Drilling Corp. ("Cabo" or the "Company") (TSX VENTURE: CBE) reports the Company-s results for its fiscal year 2013 second quarter ended December 31, 2012.2nd QUARTER HIGHLIGHTS(i)before changes in non-cash working capital items(ii)gross margin adjusted to exclude depreciation expenseThe Company reports:"Cabo Drilling generated revenues of $23.00 million during the first six months of fiscal 2012,&quo

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Aurcana Grants Stock Options 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/28/13 — Aurcana Corporation (TSX VENTURE: AUN)(OTCQX: AUNFF)(PINKSHEETS: AUNFF) ("Aurcana" or the "Company") is pleased to announce that pursuant to the Company-s Stock Option Plan a total of 4,200,000 options to purchase shares at a price of $0.79 have been granted to directors, officers, employees and consultants.About Aurcana CorporationAurcana Corporation is an emerging senior silver producer with two operating mines lo

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Caza Gold Corp.: Mapping Identifies Additional Low-Grade Gold Targets and Higher-Grade Gold-Silver Vein and Stockwork Zones at the Moris Project, Mexico 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/28/13 — Greg Myers, CEO and President of Caza Gold Corp. (TSX VENTURE: CZY)(OTCQX: CZGDF)(FRANKFURT: CZ6), announces results from the 2012 mapping and sampling program in the Balleza-Cienega area of the Moris Project in Chihuahua, Mexico. Several new gold and silver targets were identified, extending previously known low-grade bulk mineable zones and higher grade veins. Several new areas of vein stockworks, and disseminated gold mineralization

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Drilling at Columbus Copper-s Karapinar Project Intersects 21 Metres of 1.05% Copper and Confirms Mineralization Model 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/28/13 — Columbus Copper Corporation ("Columbus Copper") (TSX VENTURE: CCU) (formerly Empire Mining Corporation) is pleased to report an update on the ongoing diamond drilling program at its 100% owned Karapinar copper-molybdenum project in Turkey. At the end of October 2012, Columbus Copper initiated a drilling program at Karapinar where First Quantum Minerals Ltd., has been granted an option to earn an initial 51% interest.Seven dri

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Northern Lion Enters Into Letter of Intent With Centerra Gold Inc. to Explore Republic of Cyprus Permits 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/28/13 — Northern Lion Gold Corp. (the "Company") (TSX VENTURE: NL)(FRANKFURT: N3E) announces that it has entered into a non-binding letter of intent (the "LOI") with a subsidiary of Centerra Gold Inc. ("Centerra") with respect to an option/joint venture transaction.Pursuant to the LOI, Centerra can earn up to 70% interest in several of the Company-s exploration permits (the "Option Properties") located i

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Explor Acquires Chester Copper and VMS Property 0

ROUYN-NORANDA, CANADA — (Marketwire) — 02/28/13 — Explor Resources Inc. (the "Corporation" or "Explor")(TSX VENTURE: EXS)(OTCQX: EXSFF)(FRANKFURT: E1H)(BERLIN: E1H) is pleased to announce the acquisition 75 contiguous mineral units totalling 1650 hectares (4150 acres), situated in Northumberland County, province of New Brunswick, known locally as the Chester Property.Explor will pay $150,000 CDN and issue 6,500,000 common shares over a three year period for an Option to

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Carpathian Reports RDM Project Remains on Track to Become Brazil-s Next Gold Producer in 2013 0

TORONTO, ONTARIO — (Marketwire) — 02/28/13 — Carpathian Gold Inc. (TSX: CPN) (the "Corporation" or "Carpathian") is pleased to provide an update on its wholly owned Riacho dos Machados Gold Project ("RDM" or "Project") located in the state of Minas Gerais, Brazil.Project Construction and DevelopmentExploration UpdateAs previously reported (January 16, 2013) an initial 5,720 metre exploration-drilling program was completed to evaluate on-strike near su

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Share Consolidation of North Arrow Confirmed 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/28/13 — North Arrow Minerals Inc. (TSX VENTURE: NAR) ("North Arrow" or the "Company") announces that at its extraordinary general meeting held on February 13, 2013, shareholders approved the consolidation of the Company-s issued and outstanding common shares at a ratio of ten old shares for one new share.Effective as of the opening of trading on February 28, 2013, the Company-s share capital will be trading on a post-consol

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