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Mining & Metals

SouthGobi Updates on Mongolian Independent Anti-Corruption Agency Investigation and Receipt of a Pre-Mining Agreement 0

HONG KONG, CHINA — (Marketwire) — 02/07/13 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) ("SouthGobi" or the "Company") notes recent public statements and Mongolian media reports referencing SouthGobi-s wholly owned subsidiary, SouthGobi Sands LLC ("SGS"), in connection with the recent trial and conviction of the former Chairman and the former director of the Geology, Mining and Cadastral Department of the Mineral Resources Authority of Mongolia ("MRAM

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Allied Nevada to Host Annual Shareholders Meeting on May 2, 2013 0

RENO, NEVADA — (Marketwire) — 02/07/13 — Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX: ANV)(NYSE Amex: ANV)(NYSE MKT: ANV) announces that it will hold its 2013 Annual Meeting of Shareholders (the "Annual Meeting") on May 2, 2013, in Toronto, Ontario, Canada. The meeting will be held at 4:30 p.m. EST at The Design Exchange, 234 Bay Street, Toronto-Dominion Centre, Toronto, Ontario. The record date for determining the holders of the Company-s

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Victory Ventures to Drill the Copau Property, Iskut District, BC 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/07/13 — Victory Ventures Inc. (the "Company) (TSX VENTURE: VVN)(FRANKFURT: VV0) is pleased to report that it has received final government permits for its planned diamond drilling program on the Copau property, located in the Iskut District of northern British Columbia. The Company is exploring for copper-gold porphyry mineralization, similar to that found at Imperial Metals Corporation – Red Chris copper-gold porphyry deposit, currently

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Touchstone Gold Limited Reports Corporate Review and Upcoming Exploration Plans at Its Segovia Gold Project in Colombia 0

TORONTO, ONTARIO — (Marketwire) — 02/07/13 — Touchstone Gold Limited (TSX: TCH)(AIM: TGL) ("Touchstone Gold" or the "Company") is pleased to provide a review of the Company-s activities up to December 31, 2012 and provide an update on its upcoming exploration plans for its Segovia Gold Project in Colombia.Highlights:David Wiley, Touchstone Gold CEO, commented, "We are very pleased to look back on a successful and productive 2012, which brought us closer to our aim t

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Banks Island Gold Ltd. Clarifies Technical Disclosure 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/06/13 — Banks Island Gold Ltd. (TSX VENTURE: BOZ) (the "Company") reports that as a result of a review by the British Columbia Securities Commission (BCSC), the Company is issuing the following news release to clarify our disclosure.The Company is now filing amended technical reports on its Banks Island (Yellow Giant) and Red Mountain properties. An amended Banks Island report was required to carry forward a previous Preliminary Econ

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Victoria Gold Closes the Sale of the Big Springs Property in Nevada 0

TORONTO, ONTARIO — (Marketwire) — 02/06/13 — Victoria Gold Corp. (TSX VENTURE: VIT) ("Victoria" or the "Company") is pleased to announce the closing of the sale of the Big Springs Property (the "Property"), located in Elko County, Nevada, to MRG Copper LLC which is a US subsidiary of Big Springs Project Pty Ltd. and which is concurrently being acquired by Anova Metals Limited (together, the "Buyers").As outlined in a Victoria press release dated Novem

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Western Lithium Completes Royalty Financing 0

RENO, NEVADA — (Marketwire) — 02/06/13 — USA: Western Lithium USA Corporation ("Western Lithium", the "Company") (TSX: WLC)(OTCQX: WLCDF) is pleased to announce that it has today, received US$11 million on the closing of the initial tranche of its previously announced royalty financing with RK Mine Finance (Master) Fund II L.P. ("Red Kite") pursuant to a Royalty Purchase Agreement with Red Kite ("Purchase Agreement").Under the Purchase Agreement, Red

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Lake Shore Gold Announces Management Change 0

TORONTO, ONTARIO — (Marketwire) — 02/06/13 — Lake Shore Gold Corp. ("Lake Shore Gold" or the "Company") (TSX: LSG)(NYSE MKT: LSG)(NYSE Amex: LSG) announced today that Brian Buss, Vice-President, Project Development, will leave the Company effective February 15, 2013 for personal reasons. Going forward, the Company-s Project Development group will report to Dan Gagnon, Senior Vice-President, Operations.Tony Makuch, President and CEO of Lake Shore Gold, commented: "I

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Alderon and Hebei Set Definitive Closing Date 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/06/13 — Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon") announces that it has agreed, after consultation with Hebei Iron & Steel Group Co., Ltd. ("Hebei"), to extend the deadline for Hebei-s C$119.9 million limited partnership contribution to March 15, 2013 in order to allow Hebei to complete all internal processes related to funding procurement for its limited partnership contribution and taking into accou

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Alamos Announces Early Termination of the Hart-Scott-Rodino Waiting Period Relating to Tender Offer and Receipt of Advance Ruling Certificate from the Commissioner of Competition 0

TORONTO, ONTARIO — (Marketwire) — 02/06/13 — Alamos Gold Inc. (TSX: AGI) ("Alamos" or the "Company") announced today that it has received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act with respect to its previously-announced offer (the "Offer") to purchase all of the outstanding common shares (the "Common Shares") of Aurizon Mines Ltd. ("Aurizon"). Accordingly, the early termination of the Har

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