TORONTO, ONTARIO — (Marketwire) — 02/25/13 — Lago Dourado Minerals Ltd. (TSX VENTURE: LDM), (the "Company") is pleased to release a geological report by Mr. Simon Meldrum, a geological expert in porphyry-epithermal Au-Cu-Ag systems, on its flagship 100%-owned Juruena Project located in Mato Grosso, Brazil. The report confirms the porphyry-epithermal potential at Juruena and identifies the Arrastro Hills area as the most promising porphyry target on the property. Drilling to test t
TORONTO, ONTARIO — (Marketwire) — 02/25/13 — MagIndustries Corp. ("MagIndustries" or the "Company") (TSX: MAA) today announced that Will Burton, the Company-s Chief Financial Officer, has resigned his position to pursue a new opportunity. Mr. Burton-s resignation is effective on March 25, 2013. The Board of Directors has authorized a search for a new Chief Financial Officer, strong candidates have been identified, and an appointment will be announced in the coming weeks.
LUXEMBOURG, LUXEMBOURG — (Marketwire) — 02/25/13 — Northland Resources S.A. (TSX: NAU)(OSLO: NAUR)(FRANKFURT: NPK)(OMX: NAURo) ("Northland" or the "Company") announces that the vessel Star Norita left the Port of Narvik, Norway on Monday, February 25, 2013, loaded with approximately 55,000 tonnes of Northland-s high-quality iron ore concentrate.Although Northland is using temporary loading facilities in the Port of Narvik, the company has proven that the entire logistics
MONTREAL, QUEBEC — (Marketwire) — 02/25/13 — MDN Inc. ("MDN") (TSX: MDN) is pleased to announce the signature of an agreement with Metalinvest Capital Corporation ("Metalinvest"), pursuant to which MDN is grantong an option tp Metalinvest to acquire a 55% undivided interest in its interest in the prospecting licences of the Ikungu property to Metalinvest. The Ikungu property covers 17.9 km2 and lies 17 km southwest of Musoma and 135 km northeast of Mwanza, Tanzania-s sec
MONTREAL, QUEBEC — (Marketwire) — 02/25/13 — Cancor Mines (CNSX: KCR) and its subsidiaries present an update on gold exploration activities in Algeria.Due to the current exceptional circumstances in the Sahel, and especially in northern Mali, Cancor Mines Inc. has been forced to temporarily suspend work on all projects related to its licences in the Hoggar region of Algeria.As these circumstances are beyond the Company-s control and constitute a case of force majeure, the Company has notifi
TORONTO, ONTARIO — (Marketwire) — 02/25/13 — Mammoth Resources Corp. (TSX VENTURE: MTH) is pleased to announce that it has received results from the X-Ray Diffraction (XRD) analysis performed on 72 samples collected on a portion of its 8,100 hectare Tenoriba project, located in southwestern Chihuahua State, Mexico. The XRD analysis identified the presence of numerous alteration minerals, which when combined with the presence of vuggy silica, silicic, advanced to intermediate argillic altera
MONTREAL, QUEBEC — (Marketwire) — 02/25/13 — Stornoway Diamond Corporation (TSX: SWY) is pleased to report that it has completed diamond recovery from the Renard 65 bulk sample recently collected at Stornoway-s 100% owned Renard Diamond Project located in north-central Quebec. In total, 962.8 carats of diamonds larger than a +1 DTC size sieve were recovered from 5080.8 dry tonnes. The size of the diamond sample recovered and the incidene of large diamonds are consistent with Stornoway-s exp
Also reports acquisition of exploration licences covering the southern extension of the Timok Gold belt in Serbia
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/25/13 — PNG Gold Corporation ("PNG Gold" or the "Company") (TSX VENTURE: PGK.V) is pleased to announce its corporate objectives for 2013 and achievements since its new management took direct control over operations in the second quarter of 2012.Management took over operations from a previously contracted third party in order to achieve greater direct control over its Normanby Island projects in Papua New Guinea. The transit
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/25/13 — Lion One Metals Limited (TSX VENTURE: LIO)(OTCQX: LOMLF)(FRANKFURT: LY1) (the "Company") is pleased to announce the appointment of Ms. Samantha Shorter as the Company-s Chief Financial Officer. Ms. Shorter was previously employed an audit manager at a major Canadian accounting firm specializing in the mining industry and has extensive experience providing financial reporting and corporate services to companies in the mining a
