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Mining & Metals

Moving Forward-Annual and Special Meeting Results and Vertical Integration Implementation Services Agreement 0

THUNDER BAY, ONTARIO — (Marketwire) — 12/18/12 — Rare Earth Metals Inc. ("Rare Earth Metals", "REM" or the "Company") (TSX VENTURE: RA)(OTCQX: RAREF). Tracy A. Moore, President and CEO of the Company, is pleased to announce the results of the Annual and Special Meeting held on December 17, 2012. All motions were passed with an overwhelming majority including the reappointment of the Company-s five directors; the name change to Canada Rare Earth Corporation and

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Closing of $10,000,000 Private Placement With Pala Investments and Lion 0

TORONTO, ONTARIO — (Marketwire) — 12/18/12 — Asian Mineral Resources Limited ("AMR") (TSX VENTURE: ASN) has announced today that it has completed the previously announced private placement offering (the "Private Placement") by Pala Investments Limited ("Pala") and Lion Selection Group Limited ("Lion") in AMR whereby Pala and Lion purchased 150,000,000 common shares of AMR (the "AMR Shares") and 16,666,666 AMR Shares, respectively, each at CD

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Canamex Resources Announces Further Financing from Hecla Mining Company to Maintain its Position 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/18/12 — Canamex Resources Corp. ("Canamex" or the "Company") (TSX VENTURE: CSQ)(OTCQX: CNMXF)(FRANKFURT: CX6) announces that pursuant to the terms of an Ancillary Rights Agreement with Hecla Canada Ltd. ("Hecla"), a wholly owned subsidiary of Hecla Mining Company, Hecla has subscribed for an additional 141,911 common shares (the "Shares") of the Company at $0.15 per share for gross proceeds of $21,286.65

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Creso Exploration Announces Non-Brokered Private Placement 0

MONTREAL, QUEBEC — (Marketwire) — 12/18/12 — Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE: CXT)(FRANKFURT: C3X) announces that its Board of directors has approved a non-brokered private placement of 4,000,000 "flow-through" units (each, a "FT Unit") and 9,000,000 units (each, a "Unit"), both FT Unit and Unit to be issued at a price of $0.05 for aggregate gross proceeds of $650,000 (the "Private Placement"). Ea

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NGEx Announces Start of Josemaria and Filo del Sol Drill Programs and Completion of GJ Program 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/18/12 — NGEx Resources Inc. (TSX: NGQ) ("NGEx" or the "Company") is pleased to announce that drilling has started at the Josemaria and Filo del Sol Projects located in San Juan Province, Argentina. Drilling has started with one diamond drill rig at each project with an additional rig scheduled to be added to each project in the next few weeks. Six drill rigs continue to work at the nearby Los Helados Project where drilling

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Khan Files Year End 2012 Financial Results 0

TORONTO, ONTARIO — (Marketwire) — 12/18/12 — Khan Resources Inc. (CNSX: KRI) ("Khan" or "the Company") announced today that it has filed its financial statements and management discussion and analysis for the year ended September 30, 2012 on Sedar and has posted these documents to its website .Highlights for the year include:Forward-Looking Statements and InformationThis press release may contain forward-looking statements and forward-looking information, which are subje

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Inmet Mining Announces Closing of US $500 Million Senior Notes Offering 0

TORONTO, CANADA — (Marketwire) — 12/18/12 — Inmet Mining Corporation (TSX: IMN) (Inmet) today announced the closing of its previously announced offering of US $500 million aggregate principal amount of 7.5 percent senior unsecured notes maturing June 2021 (the "Notes"). Inmet intends to use the net proceeds to fund the development and the potential expansion of Cobre Panama and for general corporate purposes.The offer and sale of the Notes is not registered under the United States

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Globex and Queenston Intersect Wide Gold Zone at Wood-Pandora: 3.81 g/t Au Over 41 Meters 0

ROUYN-NORANDA, QUEBEC — (Marketwire) — 12/18/12 — GLOBEX MINING ENTERPRISES INC. (TSX: GMX)(FRANKFURT: G1M)(OTCQX: GLBXF) and QUEENSTON MINING INC. (TSX: QMI)(FRANKFURT: QMI)(OTCQX: QNMNF) are pleased to update shareholders on the results of a nine hole 5,601 meter ("m") drill program completed on the 50%-50% Wood Pandora joint venture property, located near Cadillac, Quebec.The drilling program completed between July 11 and November 11, 2012 was planned to follow up in part on en

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Vangold Resources Commences Drill Program at Its Allemata Project, Appoints VP of Exploration and Closes Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/18/12 — Vangold Resources Ltd. (TSX VENTURE: VAN) (the "Company" or "Vangold") today announced that it has commenced core drilling at its Allemata Project, located in Milne Bay Province, Papua New Guinea.The current 10-hole drill program will test two prospects, Huluba and Ulo Ulo, where significant gold mineralization has been identified in earlier work programs. Holes will be drilled to up to 300m in depth and have been t

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Eagle Star Continues to Intersect High-Grade Phosphate as It Further Extends Mineralized Zone at the South Portion of Bomfim Hill (D1 Target) 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/18/12 — Eagle Star Minerals Corp. (TSX VENTURE: EGE)(PINKSHEETS: ELGSF)(FRANKFURT: E6R) ("Eagle Star" or "the Company") is pleased to announce that it continues to receive excellent handheld XRF results from pit opening at the southern portion of Bomfim Hill (Target D2). Pits 5 & 6 have both ended in high-grade P2O5 that exceeds the maximum limit range of 19% P2O5 on the XRF instrument. To date, seven pits have been com

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