VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/31/13 — Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM)(NYSE: SVM) is pleased to report the results from its underground diamond drilling program for the second half of 2012 at the LM Mine West ("LM West"), Ying Mining District, Henan Province, China. A total of 43,709 metres ("m") of drilling in 123 holes was completed from January 1, 2012 to December 31, 2012 at LM West.Highlights of
Three Months ended 31 December 2012
CALGARY, ALBERTA — (Marketwire) — 01/31/13 — MGold Resources Inc. (TSX VENTURE: MNI) ("MGold" or the "Corporation") announced today its intention to complete a non-brokered private placement offering of 10% unsecured convertible debentures in the principal amount of up to $3,000,000. The debentures will bear interest at the rate of ten percent (10%) per annum, payable semi-annually and will mature on the date that is three years from the closing date. The debentures will
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/31/13 — Alpha Minerals Inc. (TSX VENTURE: AMW) ("Alpha" or "the Company") is pleased to announce that drilling is underway at the Patterson Lake South (PLS) property, a 50% Joint Venture with Fission Energy Corp (TSX-V: FIS), located in the southwest part of Saskatchewan-s Athabasca Basin. Field preparations began in early January, upon formal approval of the program and budget (see Alpha news release January 15, 2013).The
BOCA RATON, FL — (Marketwire) — 01/31/13 — Andes Gold Corporation (PINKSHEETS: AGCZ), a gold and silver mining company with existing operations in Ecuador and Peru, today released its financial results for the year ended December 31, 2012. The financial report was filed and is available on the Pink Sheets.The financial statements for the year ending December 31, 2012 show revenue of $6,732,311 versus $4,447,521 for the same period last year. This represents an increase of $2,284,790 or 51.3%
TORONTO, ONTARIO — (Marketwire) — 01/31/13 — Nighthawk Gold Corp. ("Nighthawk") (TSX VENTURE: NHK) reports assay results from the final 7 of 20 holes (Figure 1) drilled by Royal Oak in 1997 on Nighthawk-s 100%-owned Colomac Gold Property ("Colomac Gold Project") in the Northwest Territories ("NWT"). The 20 historic holes (7,470 metres) are now eligible to be included in an updated resource estimate. These results have collectively confirmed the higher grade cha
TORONTO, ONTARIO — (Marketwire) — 01/31/13 — QMX GOLD CORPORATION (TSX: QMX)(OTCQX: QMXGF) ("QMX Gold" or the "Company") has produced approximately 4,000 ounces of gold from its Lac Herbin Mine in Val D-Or, Quebec in the fourth quarter of 2012. This brings total 2012 production for that mine to over 20,000 ounces of gold.Production SummaryThe Company achieved its 2012 production guidance of between 18,500 to 20,500 by producing 20,100 ounces of gold from the Lac Herbin M
Company Takes First Step in the Permitting Process
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/31/13 — B2Gold Corp. (TSX: BTO)(OTCQX: BGLPF)(NAMIBIAN: B2G) ("B2Gold" or the "Company") is pleased to announce the successful completion of the scheme of arrangement ("Merger") by which B2Gold has acquired all of the issued ordinary shares of CGA Mining Limited ("CGA"). As of today, and including the 251,973,927 shares issued as consideration under the Merger for the former share and option holders of C
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/31/13 — Cayden Resources Inc. (TSX VENTURE: CYD) ("Cayden" or the "Company") is pleased to announce that it has acquired an option to buy out the royalties on its Reduccion Morelos Sur and Tenantla claims as part of a planned sub-division of the concessions into separate concession areas. These areas together comprise the wholly owned Morelos Sur property. Cayden-s Mexican subsidiary will be applying to divide these concess
