Copper Island Mining Project on Quadra Island, British Columbia 3.5m Tonnes Grading 2% an Equivalent Value at Today-s Prices of Approximately $500 Million
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/19/13 — GEONOVUS MINERALS CORP. (TSX VENTURE: GNM) ("GeoNovus" or the "Company") is pleased to provide a drilling update at the Company-s Silver Bell West porphyry copper property in south central Arizona. Two core holes were drilled for a total of 696.47 meters (2,285 ft.). The first hole, located just south of the haul road and oriented at an azimuth of N42.5E at an inclination of 60 degrees, encountered hydrothermally al
BRISBANE, AUSTRALIA — (Marketwire) — 02/19/13 — Intrepid Mines Limited (TSX: IAU)(ASX: IAU) (the "Company" or "Intrepid") releases a letter to shareholders.Dear Fellow ShareholderYou may have seen recent press speculation that a group called Quantum Pacific Capital is contemplating trying to remove the entire Intrepid board.Quantum Pacific, a Hong Kong hedge fund that is the registered holder of 1.2% percent of the Company, has not yet made any direct approach to the Com
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/19/13 — Premium Exploration Inc. (TSX VENTURE: PEM)(OTCQX: PMMEF) is pleased to announce results for the RC drill hole completed in December 2012, at the Friday Zone on the Idaho Gold Project.The RC drill hole was designed to test the viability of using reverse circulation drilling in an effort to reduce the cost of the in-fill program for the resource.The results appear to be consistent with the resource and previously released core holes dri
Goal of Kipawa mine project is to supply heavy rare earths for the production and marketing of hybrid and electric vehicles
BOCA RATON, FL — (Marketwire) — 02/19/13 — New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, today announced that it has intersected 6 silver veins in the new shaft of its mining operations in Ecuador. Besides the gold veins that have been intersected in the mining operations, the 6 silver veins represent significant reserves. Three of the veins are known ("San Antonio," "Sanson" and "El Viento") a
TORONTO, ONTARIO — (Marketwire) — 02/19/13 — INV Metals Inc. ("INV Metals" or "Company") (TSX: INV) is pleased to provide guidance on the Company-s 2013 operating budget and exploration program. INV Metals- unaudited cash balance as at December 31, 2012 was approximately $25.3 million. The Company-s 2013 exploration and operating budget approved by the Board of Directors is estimated at $12.7 million, including planned exploration expenditures of $9.7 million at the Quim
ROUYN-NORANDA, QUEBEC — (Marketwire) — 02/19/13 — Pershimco Resources Inc. (the "Company" or "Pershimco") (TSX VENTURE: PRO) (FRANKFURT: BIZ) is pleased to report that assay results from its latest two drill holes completed at the recently identified Idaida target have intercepted notable copper and gold mineralization, expanded the mineralized trend to the east, and demonstrated the value of last year-s airborne geophysical program. Pershimco-s technical team identified
SINGAPORE, SINGAPORE — (Marketwire) — 02/19/13 — Samarium Group Holding Ltd. (the "Purchaser") announced today that it will commence a tender offer to purchase not less than 51% of the issued and outstanding public shares of common stock (the " Shares") of Samaranta Mining Corporation (the "Company") at a price of CAD$ 0.1200 per Share. The last reported trading price of the Shares on the TSX venture Exchange were on February 15, 2013 was 0.02 CAD per Share. Th
TORONTO, ONTARIO — (Marketwire) — 02/19/13 — Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX VENTURE: NHK) is pleased to announce the appointment of Morris Prychidny as a Director of the Company."I am pleased to welcome Morris to Nighthawk-s Board of Directors," commented David Wiley, President and Director of Nighthawk. "The value Morris brings to Nighthawk through his vast experience with successful ventures in the mining sector makes him an exc
