VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/10/12 — Reservoir Minerals Inc. ("RMC" or the "Company") (TSX VENTURE: RMC)(PINKSHEETS: RVRLF)(BERLIN: 9RE) is pleased to provide an update on the diamond drilling program currently underway on the Chukaru Peki target in the Company-s Timok Project, eastern Serbia. The project is a joint venture with Freeport-McMoRan Exploration Corporation ("Freeport"). New drill results include 100 metres with an average grade
MONTREAL, QUEBEC — (Marketwire) — 12/10/12 — Niocan Inc. ("Niocan" or the "Company") (TSX: NIO) announced today an update on its activities.The Company-s work program for its Great Whale Iron Property ("GWIP"), which was announced on November 1, 2012, is currently under way. A regional airborne magnetics survey is being conducted in the vicinity of the GWIP and this work will be followed by a detailed airborne MAG-EM survey on the primary targets. An analysis o
TORONTO, ONTARIO — (Marketwire) — 12/10/12 — African Agriculture Fund, L.L.C. ("AAF") announces that it will acquire, through its wholly owned Mauritius special purpose vehicle subsidiary, indirect ownership of 42,028,000 common shares in the capital of Feronia Inc. ("Feronia") pursuant to the first tranche (the "First Tranche") of a private placement offering at an average price of CAD$0.12 per common share, representing 19.9% of the total number of common sha
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/10/12 — Rockhaven Resources Ltd. (TSX VENTURE: RK) ("Rockhaven") announces the appointment of Larry Donaldson as its new Chief Financial Officer. Mr. Donaldson replaces Robert Dinning, who has resigned as Chief Financial Officer to pursue other business interests. Mr. Donaldson is a Chartered Accountant with over 30 years of accounting, auditing and tax experience. He graduated from the University of British Columbia with a Bachelor
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/10/12 — Southern Silver Exploration Corp. (the "Company" or "Southern Silver") (TSX VENTURE: SSV)(FRANKFURT: SEG) reports that Freeport-McMoRan Exploration Corporation ("Freeport") has completed its due diligence under an Earn-In Agreement relating to the Cerro Las Minitas project in Durango, Mexico.The Earn-In AgreementIn October the Company entered into an Earn-in agreement which granted Freeport the right to ea
TORONTO, ONTARIO — (Marketwire) — 12/10/12 — Cadillac Ventures Inc. (TSX VENTURE: CDC) ("Cadillac" or the "Company") is pleased to announce that it has entered into an agreement with Investor Cubed Inc. ("ICI") under which ICI will continue to provide general consulting, investor relations and marketing services to Cadillac. The agreement is effective from November 27, 2012 for a one year term. ICI provides specialized investor relations and business consulting
CALGARY, ALBERTA — (Marketwire) — 12/10/12 — Champion Bear Resources Ltd. (TSX VENTURE: CBA) ("Champion Bear" or the "Company") announces today that the Company has entered into an Option to Purchase Agreement with Wallbridge Mining Company Limited ("Wallbridge") for the Company-s 100% held Iron Mask Property located in the northwest footwall of the Sudbury Mining Camp, Ontario. To acquire a 100% interest in the Property, Wallbridge must make staged option paym
TORONTO, ONTARIO — (Marketwire) — 12/10/12 — James Bay Resources Limited (TSX VENTURE: JBR) ("James Bay" or the "Company") is pleased to announce that it has appointed Jean Gauthier as a director. Mr. Gauthier is a retired member of Canada-s Foreign Service with more than 35 years of experience including long career overseas assignments in Africa and the Middle East.Experience in Nigeria and Surrounding RegionFrom September 2009 to August 2012, Mr. Gauthier served as the
TORONTO, ONTARIO — (Marketwire) — 12/10/12 — Red Crescent Resources Limited (TSX: RCB)(FRANKFURT: 7RC) ("RCR"), a base metals focused mineral exploration and mine development company with operations in Turkey, is pleased to provide an update on its activities from those reported November 6, 2012.The Company continues to make good operational progress on its Hakkari Zinc Project, enabling it to become a cash generating asset. From the open pit operations on the Uzumcu (Pentagon) li
Supergene target intercepts include: OCA007 with 53.6 metres of 0.81% copper OCA006 with 50 metres of 0.65% copper -including 18 metres of 1.2% copper OCA003 with 51 metres of 0.51% copper