MONTREAL, QUEBEC — (Marketwire) — 12/28/12 — Bowmore Exploration Ltd. (TSX VENTURE: BOW) ("Bowmore" or the "Company") has closed a $425,000 non-brokered flow-through private placement (the "Placement") with Canadian investors consisting of 1,416,666 units (the "Units") at a price of $0.30 per Unit. Each Unit is comprised of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder thereof t
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/28/12 — Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") announces that in 2013 it will focus on increasing shareholder value through exploration and development at its wholly-owned San Martin gold and silver mine in Queretaro, Mexico. In order to achieve this goal, Starcore has scheduled an enhanced exploration program to commence in February 2013, comprised of 5000 meters of drilling to unlock th
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/28/12 — South American Silver Corp. (TSX: SAC)(PINKSHEETS: SOHAF) (the "Company") is pleased to announce that today it acquired ownership of 15,580,000 common shares ("Common Shares") of the High Desert Gold Corporation (the "Issuer"), a company listed on the TSX Venture Exchange (TSX VENTURE: HDG). As a result of the purchase, South American Silver Corp. now owns 15,580,000 Common Shares of the Issuer representin
MONTREAL, QUEBEC — (Marketwire) — 12/28/12 — Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE: CXT)(FRANKFURT: C3X) announces the closing of part of the non-brokered private placement announced earlier this month. The Corporation issued 3,400,000 "flow-through" units (each, a "FT Unit") and 8,400,000 units (each, a "Unit"). Each of the FT Units and Units was issued at a price of $0.05 for aggregate gross proceeds of $590,00
LEVIS, QUEBEC — (Marketwire) — 12/28/12 — GRANIZ MONDAL INC. (the "Company") (TSX VENTURE: GRA.H) announces that it has been advised by the TSX Venture Exchange that trading in the Company-s shares on the NEX will be reinstated, effective the opening December 31, 2012.This reinstatement follows the TSX Venture Exchange-s approval of the Company-s acquisition of an option to earn a 75% interest in the Mousseau West graphite property located in Quebec, as well as the Company-s compl
Visible Gold In Hole MG1221
TORONTO, ONTARIO — (Marketwire) — 12/28/12 — Xmet Inc. (TSX VENTURE: XME) ("Xmet") is pleased to announce that, subject to the acceptance of the TSX Venture Exchange (the "Exchange") it has closed an expedited non-brokered private placement offering of 4,387,500 common shares in the capital of Xmet (each, a "Common Share") issued on a flow through basis for aggregate gross proceeds of $351,000 (the "Offering").The proceeds of the Offering will be used
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/28/12 — Chesapeake Gold Corp. (TSX VENTURE: CKG) ("Chesapeake") wishes to report on the current status of the pre-feasibility study ("PFS") on its 100% owned Metates project located in Durango State, Mexico. The Metates project is one of the largest undeveloped gold-silver projects in the Americas.The Metates gold-silver project has forecast annual production of 759,000 ounces of gold and 19,959,000 ounces of silver over a
TORONTO, CANADA — (Marketwire) — 12/28/12 — Inmet Mining Corporation ("Inmet") (TSX: IMN) is pleased to announce that its subsidiary, Minera Panama S.A. (MPSA) has awarded the Cobre Panama mine pre-stripping contract to a joint venture of Salini S.p.A. and Impregilo S.p.A. The scope of work includes the pre-stripping of the Botija pit including the development of a rock quarry within the pit, development and maintenance of waste dumps, sediment control structures, haul routes and
NOTE TO EDITORS: The Following Is a Research Alert Issued by Century Capital Research