HIGHLIGHTS: – Only 17 widely-spaced holes drilled to date. – Drilling indicates greater than 8 KM2 copper-mineralized area. – Copper mineralization has been intersected in all holes. – Drilling shows stronger mineralization in the eastern part of the Berta porphyry. – More drill results will follow.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/25/13 — Nord Iron Mines Inc. (the "Company") announces it has successfully defended against a motion filed by defendants Zone Resources ("Zone") to move the jurisdiction of legal proceedings from Quebec to a British Columbia court room. Indeed, in her judgment, Justice Danielle Grenier held that the Superior Court of Quebec has "undoubtedly" jurisdiction to try the matter and that it was "not necessary to exa
RENO, NEVADA — (Marketwire) — 01/25/13 — NuLegacy Gold Corporation (TSX VENTURE: NUG)(PINKSHEETS: NULGF) reports that its 2013 exploration programs will focus on following up the Carlin-type gold discoveries made this past year in the Central Mineralized Zone of its Red Hill Project and the pediment of its Wood Hills Project.The Wood Hills project is at a lower elevation allowing access earlier in the year. Therefore the exploration program is planned to commence with a 5 hole drilling progr
SPOKANE, WASHINGTON — (Marketwire) — 01/25/13 — St. Augustine Gold and Copper Limited (TSX: SAU) ("St. Augustine" or the "Company") announces that its strategic Philippine partner, Queensberry Mining and Development Corp. ("Queensberry"), has exercised a portion of the warrants purchased during the October 2012 private placement. Queensberry has acquired 3,750,000 Common Shares for $961,125 USD at the price of $0.2563 per share, in accordance with the terms of
TORONTO, ONTARIO — (Marketwire) — 01/25/13 — This news release contains forward-looking information that is subject to the risk factors and assumptions set out on page 2 under the heading, "Cautionary Note Regarding Forward-looking Information".Centerra Gold Inc. (TSX: CG) responds to media reports in the Kyrgyz Republic regarding the Kumtor Project. Based on such media reports, the Company understands that at a Government meeting held on January 24, 2013, Prime Minister Mr. J. Sat
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SASKATOON, SASKATCHEWAN — (Marketwire) — 01/25/13 — GESPEG COPPER INC. (TSX VENTURE: GCR) (the "Company" or "GESPEG") Gespeg is pleased to announce the completion of a heliborne magnetic (MAG) and spectrometric (SPEC) survey over its Vortex, In Between, and Murdochville projects in the Gaspe region of Quebec (see ).During July and August 2012, Prospectair Geosurveys of Gatineau, Quebec; surveyed a total of 9,128 line-kilometres over 3 of Gespeg-s properties covering a to
TORONTO, ONTARIO — (Marketwire) — 01/25/13 — Duran Ventures Inc. (TSX VENTURE: DRV)(BVL: DRV) ("Duran" or the "Company") is pleased to announce that it has signed the definitive agreement (the "Agreement") with Rio Alto Mining Limited ("Rio Alto") whereby Duran has granted to Rio Alto options pursuant to which it may earn up to a 70% interest in the Company-s Minasnioc Gold-Silver Property ("Minasnioc") and a 65% interest in the Company-s Ic
CALGARY, ALBERTA — (Marketwire) — 01/25/13 — BACANORA MINERALS LTD. (TSX VENTURE: BCN) ("Bacanora" or the "Company") is pleased to announce the results of a positive Preliminary Economic Assessment ("PEA") on the Company-s La Ventana Lithium Deposit (the "Project") in Sonora, Mexico. In addition, Company announces the disclosure of new inferred lithium resources, which are estimated at 16,829,000 tonnes averaging 2,557 ppm Li (1.3% Lithium Carbonate E
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/25/13 — Orestone Mining Corp. (TSX VENTURE: ORS) is pleased to report the commencement of a detailed ground magnetic survey at the 100%-owned Captain Project. The survey will define the magnetic anomaly within the area of a recent drill discovery of significant gold/copper mineralization (news release January 14, 2013).The high resolution ground magnetic survey will entail a minimum of 45 line-kilometres over the Admiral Target and the Southea
