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Mining & Metals

MGold Announces Proposed Debenture Offering 0

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

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Drills Turning for Alpha Minerals- Winter Program at Patterson Lake South 0

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

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Pistol Bay Mining Options C3 Property 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/31/13 — Pistol Bay Mining Inc. (TSX VENTURE: PST) reports that, subject to regulatory approval, it has entered into a Letter Agreement (LOI) with Actus Minerals Corp. ("Actus") whereby Actus has an option to acquire a 51% interest in the mineral claim known as the C3 claim block (#S-111223, comprising 274 hectares) located in the Athabasca Basin, in the Wheeler River area, Saskatchewan (the "Property").Under the terms of th

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Andes Gold Corporation Obtains Record Profits for the Year Ending December 2012 0

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%

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Nighthawk Reports 73.15 Metres of 1.72 g/t Gold and 19.50 Metres of 4.57 g/t Gold from Historical Drilling at Colomac 0

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

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QMX Gold Meets Upper End of 2012 Production Guidance With 20,100 Ounces Gold Produced 0

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

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B2Gold Corp. and CGA Mining Limited Complete Merger 0

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

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Oracle Mining Intercepts 47 Feet of 2.2% Copper in New Drilling; Additional Underground Holes Intercept 22.5 Feet of 2.4% Copper and 47.0 Feet of 2.0% Copper 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/31/13 — Oracle Mining Corp. (TSX: OMN)(OTCQX: OMCCF)(FRANKFURT: OMC) ("Oracle Mining" or the "Corporation") is pleased to announce assay results from its ongoing core drilling program. The assay results include seven additional underground drill hole results from drilling at the Oracle Ridge Copper Mine, located in southern Arizona.The assay results disclosed by the Corporation to date are consistent with historical data. T

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