ROUYN-NORANDA, CANADA — (Marketwire) — 02/19/13 — Explor Resources Inc. (the "Corporation") (TSX VENTURE: EXS)(OTCQX: EXSFF)(FRANKFURT: E1H)(BERLIN: E1H) is pleased to announce that it has closed a non-brokered private placement for a total amount of CDN $1,600,000.The aggregate gross proceeds from the private placement represents the sale of: (i) 16,000,000 units of the Corporation issued on a non-flow-through basis (the "Units") sold at a price of $0.10 per Unit, where
ADDIS ABABA, ETHIOPIA — (Marketwire) — 02/19/13 — Canadian partners the Micronutrient Initiative (MI), the Government of Canada (CIDA) and Teck are launching major projects this week with two African ministries of health. The Zinc Alliance for Child Health (ZACH) initiative will scale up zinc supplementation programs to treat and reduce diarrheal disease in Ethiopia and Burkina Faso.The projects build on the success of ZACH-s initial pilot project that launched in Senegal in May 2012. Since
MONTREAL, QUEBEC — (Marketwire) — 02/19/13 — Beaufield Resources Inc. ("Beaufield" or the "Company") (TSX VENTURE: BFD) is pleased to announce that it has signed an exclusivity agreement (the "Exclusivity Agreement") and a non-binding letter of intent (the "LOI") with HudBay Minerals Inc. ("Hudbay") to acquire the Balmat Zinc Mine ("Balmat") in New York State via the acquisition of all the issued and outstanding shares of the capit
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/19/13 — Amarillo Gold Corp. (TSX VENTURE: AGC) ("Amarillo" or the "Company") is pleased to announce the following drill results from infill drilling of the saddle zone within, and immediately beneath, the proposed Posse pit at the Company-s wholly-owned, development-stage Mara Rosa Project in Brazil.The current Posse deposit optimized pit design is based on an $1100/ounce gold price (see corporate presentation, or the PFS r
TORONTO, ONTARIO — (Marketwire) — 02/19/13 — Anconia Resources Corp. (TSX VENTURE: ARA) ("Anconia" or the "Company") is pleased to announce that it has begun the process of retrieving core from its recent drill program on the ATLAS-1 property for further sampling.Assay results for core samples from the Company-s recent 1790m drilling program on its VMS occurrence (ATLAS-1), completed in September 2012, were released in October 2012 (see press releases dated October 10th
TORONTO, ONTARIO — (Marketwire) — 02/19/13 — KWG Resources Inc. (TSX VENTURE: KWG).The hearing of an application to The Mining and Lands Commissioner of Ontario that commenced on Monday February 4th, was concluded last Thursday afternoon with the tribunal reserving its decision in order to review and consider the evidence and arguments put before it during the two-week hearing.The application seeks an Order that the Minister of Natural Resources may grant an easement under the Public Lands
VAL-D-OR, QUEBEC — (Marketwire) — 02/19/13 — Metanor Resources Inc. (-Metanor-) (TSX VENTURE: MTO) is pleased to announce that it recently poured a 868 oz gold bar, it-s most important to date. This pour represents a weeks- worth of gold production from the Bachelor Project. Since the conversion of the Bachelor mill from the Merryl-Crowe technology to Activated Carbon technology, the ore recovery has averaged 97% since Metanor poured its first bar in May 2012.Ghislain Morin, President and C
TORONTO, ONTARIO — (Marketwire) — 02/19/13 — HudBay Minerals Inc. ("Hudbay", the "company") (TSX: HBM)(NYSE: HBM) announced today that David Garofalo, President and Chief Executive Officer, will be speaking on Tuesday, February 26, 2013 at 10:30 a.m. ET at the BMO Capital Markets 22nd Global Metals & Mining Conference held in Hollywood, Florida at The Westin Diplomat.The presentation and webcast will be available on Hudbay-s website at .About HudbayHudbay (TSX: HBM)(
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/19/13 — Starcore International Mines Ltd. (TSX: SAM) (the "Company") announces production results for the second quarter (January 31, 2013) of the fiscal year started August 1, 2012 at its San Martin Mine in Queretaro, Mexico.The 3 months production saw 78,223 tonnes milled at an average head grade of 2.20 g/t gold and 17 g/t silver resulting in the production of 4,844 gold equivalent ounces. This production represents an increase in
MONTREAL, QUEBEC — (Marketwire) — 02/19/13 — Osisko Mining Corporation (the "Company" or "Osisko") (TSX: OSK)(FRANKFURT: EWX) is pleased to report that it has been advised by the representatives of the Government of Quebec that conditions to its operating parameters have been modified allowing it to increase access to the northern portion of the deposit and to improve the framework for the execution of its blasting operations. The modifications allow Canadian Malartic to
