back to homepage

Mining & Metals

Beaufield Provides Additional Details Regarding Proposed Acquisition of Balmat Holding Corporation 0

MONTREAL, QUEBEC — (Marketwire) — 02/27/13 — Beaufield Resources Inc. ("Beaufield" or the "Company") (TSX VENTURE: BFD) is pleased to provide additional details regarding its proposed acquisition (the "Acquisition") of the Balmat Zinc Mine ("Balmat") in New York State via the acquisition of all the issued and outstanding shares of the capital of Balmat Holding Corporation ("Balmat Holding"), a wholly-owned subsidiary of HudBay Minerals Inc.

Read More

Great Quest Granted Permit for Tarkint Est Concession, Tilemsi Phosphate Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/13 — Great Quest Metals Ltd. (the "Company") (TSX VENTURE: GQ) is pleased to report that it has received the official decree from the government of Mali, granting its Malian subsidiary a Research Permit ("Permis de Recherche") for the Tarkint Est concession. This concession is adjacent to the north of the Tilemsi and Aderfoul concessions and covers an area of 589 km2.The decree ("Arrete") #20130551/MM-SG grante

Read More

Entourage Metals Samples up to 9.23 g/t Gold, Identifies Strong Alteration Trends on October Gold Property, Swayze Greenstone Belt, Ontario 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/13 — Entourage Metals Ltd. (TSX VENTURE: EMT) is pleased to report the results from initial surface sampling at its 100%-owned October Gold property. Previously, three coincident geochemical, geophysical and gold-in-till indicators were identified which warranted further work including the most recent surface sampling. Of the 251 grab samples collected, 10 samples ranging from 40 ppb to 9,230 ppb Au were identified. The highest grab sample,

Read More

New Island Announces Move to NEX 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 02/27/13 — New Island Resources Inc. ("New Island") (TSX VENTURE: NIS.H) announces that, in accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Wednesday, February 6, 2013, the Company-s listing will transfer to NEX, the Company-s Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will

Read More

Manitou Gold Inc. Releases Sherridon Property Diamond Drill Results 0

SUDBURY, ONTARIO — (Marketwire) — 02/27/13 — Manitou Gold Inc. (TSX VENTURE: MTU) ("Manitou" or the "Company") reports diamond drill results from the Sherridon project located in Northwestern Ontario. The company completed two shallow diamond drill holes in the fall of 2012 which both intersected visible gold. Manitou has now vested 100% into the Sherridon project.The company completed 27 short, widely spaced diamond drill holes (4,968 metres) since optioning the project

Read More

Lac Otelnuk Property-Limited Notice to Proceed 0

TORONTO, ONTARIO — (Marketwire) — 02/27/13 — Adriana Resources Inc. ("Adriana") – (TSX VENTURE: ADI) is pleased to announce the award of a Limited Notice to Proceed ("LNTP Agreement") to SNC-Lavalin Inc. ("SNC-Lavalin"), for Lac Otelnuk Mining Ltd. ("LOM" or "Company"). Adriana owns 40% of LOM which is a joint venture company with WISCO International Resources Development & Investment Limited ("WISCO") which in turn holds the L

Read More

Lupaka Gold Corp. Increases Resource Gold Ounces and Substantially Improves Grade at Crucero Gold Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/13 — Lupaka Gold Corp. ("Lupaka Gold" or "the Company") (TSX: LPK)(LMA: LPK) is pleased to report the Company-s updated National Instrument 43-101 ("NI 43-101") compliant Indicated and Inferred mineral resource estimates for its 100% owned Crucero project located in southeastern Peru. The updated resource estimate has been prepared by Tetra Tech WEI Inc. ("Tetra Tech"), formerly Wardrop Engineering, o

Read More

Drilling Commences on Wildcat-s Rice Lake Properties 0

WINNIPEG, MANITOBA — (Marketwire) — 02/27/13 — Wildcat Exploration Ltd. (TSX VENTURE: WEL) is pleased to announce that the winter drill program has commenced on its Rice Lake area properties optioned to San Gold Corporation ("San Gold"). The program started in mid-February, and San Gold intends to complete more than 9,000 metres of diamond drilling prior to spring break-up.San Gold-s 2013 drilling plans for Wildcat-s properties include approximately seventeen holes with an average

Read More

Kiska Adds $1.5 Million to Treasury Through Sale of Thorn Property 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/13 — Kiska Metals Corporation (TSX VENTURE: KSK) ("Kiska" or the "Company") is pleased to report that the Company has completed the sale of its Thorn Property to Brixton Metals Corporation, for a purchase price of CDN$1,500,000 in cash and seven million shares of Brixton. Kiska now holds 7.55 million shares, or 7.7% or Brixton-s outstanding shares.The sale of the Thorn Property is part of the Company-s ongoing strategy o

Read More

Rogue Iron Ore Shareholders Approve Gold Spin-Out Transaction 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/13 — Rogue Iron Ore Corp. (TSX VENTURE: RRS) (the "Company" or "Rogue") held its Special Meeting ("SM") on February 22, 2013 to obtain security holder approval of the amended proposed spin-out of the Company-s wholly-owned subsidiary, Rapier Gold Inc. ("Rapier"), following the Annual General and Special meeting held December 10, 2012. The shareholder vote held at the SM for the Plan of Arrangement (&q

Read More