VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/12/12 — Formation Metals Inc. (TSX: FCO) (the "Company") is providing an update on the progress of construction on its 100% owned Idaho Cobalt Project ("ICP"), managed by JDS Energy & Mining ("JDS"). The ICP is comprised of the development of a mine and construction of a concentrator at a primary cobalt deposit in Lemhi County near the town of Salmon, Idaho, and the retrofit and construction of an electrowinni
TORONTO, ONTARIO — (Marketwire) — 12/12/12 — Ryan Gold Corp. (TSX VENTURE: RYG) ("Ryan Gold" or the "Company") announces that the Company-s Board of Directors has appointed David Schmidt as the Company-s Interim President effective as of December 11, 2012. Mr. Schmidt is currently also the Interim Chief Executive Officer and replaces Shawn Ryan, who has resigned as President. Over the next few months, Mr. Ryan will work with the Company in a transitional capacity and wil
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/12/12 — Riverstone Resources Inc. (TSX VENTURE: RVS)(OTCQX: RVREF)(FRANKFURT: 3RV) ("Riverstone" or the "Company") announces that effective in 2012 it has changed its financial year-end from October 31 to December 31 in order to align the Company-s year-end with that of its various subsidiaries, which operate on a calendar fiscal year-end. On December 11, 2012 the Company filed an interim financial report for its transition
MONTREAL, QUEBEC — (Marketwire) — 12/12/12 — Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Company) is pleased to announce that it has received final approval of its exploration permit from the Peruvian mining authorities and that it will immediately begin its diamond drilling campaign on its Tumipampa skarn copper and gold project in southern Peru, and the excavation of the 300-meter cross-cut of the Manto Dorado structure.Exploration Campaign – fast trackedDue to the unforeseen delay
Program to Focus on Resource Estimate at Deep Kerr Core Zone Discovery Three More Prospective High-Grade Core Zones Also Targeted in Next Year-s Program
BOCA RATON, FL — (Marketwire) — 12/12/12 — New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing mining operations in Ecuador and Peru, has begun independent evaluations of its mining operations. The Company has hired Dr. Duncan Bain, PGeol, a Qualified Person as defined in the National Instrument 43-101. Dr. Bain has been a member of the Association of Professional Engineers and Geoscientists of British Columbia since 1991 and he is a Fellow of the Geological As
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/12/12 — Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce that the Preliminary Economic Assessment ("PEA") on the Coringa gold project in northern Brazil has been filed on SEDAR. The PEA was prepared by Global Resource Engineering Ltd ("GRE") and is based on the updated resource defined in the National Instrument ("NI") 43-101 compliant technical report dated May
Highlights: – High-Grade Intersection of 51 metres grading 10.3 g/t Au, including 25 metres of 17.8 g/t Au – Other higher-grade intercepts include 34.9 metres @ 2.2 g/t Au, including 10.4 metres of 5.3 g/t Au, and 68 metres @ 1.8 g/t Au, including 24.2 metres @ 2.7 g/t Au – Main zone mineralization still open in all directions – Gold-bearing intervals continue to be identified in the Hanging Wall zone – Infill drilling confirms continuity and improvement of main zone mineralization
– Measured & Indicated Resource of 11.32 million tonnes grading 1.47% Cu, 0.17 g/t Au and 12.4 g/t Ag – Inferred Resource of 44.63 million tonnes grading 1.43% Cu, 0.19 g/t Au & 10.7 g/t Ag
TORONTO, ONTARIO — (Marketwire) — 12/12/12 — Centerra Gold Inc. (TSX: CG) -This news release contains forward-looking information that is subject to the risk factors and assumptions set out on page 4 under the heading, "Cautionary Note Regarding Forward-looking Information". (All figures are in United States dollars.)To view the complete drill results, graphics, and maps/drill sections discussed in this news release, please visit the following link: or visit the Company-s web sit
