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
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
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
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
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
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
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
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
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/28/13 — CAVAN VENTURES INC. (TSX VENTURE: CVN) ("Cavan" or "the Company") is pleased to announce that the Company is now planning its first drilling program on its Pythonga Lake Rare Earth Element project.The Pythonga Lake property is located at approximately fifteen (15) kilometres west of the town of Maniwaki, Quebec. It consists of 110 map staked claims covering an area of approximately 6,523 hectares. Those claims are d
CALGARY, ALBERTA — (Marketwire) — 02/28/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF): Teras is pleased to report new analysis of historical geophysical surveys that were conducted by Kennecott Exploration in 1995 at the Cahuilla gold/silver project in Imperial County, California. The study indicates that subsurface precious metal mineralization and different styles of hydrothermal alteration can be identified via geophysical techn
