ROUYN-NORANDA, CANADA — (Marketwire) — 12/03/12 — Explor Resources Inc. (TSX VENTURE: EXS)(OTCQX: EXSFF)(FRANKFURT: E1H) announces that its Board of Directors has approved the extension of the expiry date of the 4,786,000 purchase warrants issued on December 20, 2010, for an additional year. The warrants will now expire on December 20, 2013 and their exercise price of $0.70 remains the same. This modification is subject to approval of TSX Venture Exchange.None of these warrants has been exe
TORONTO, ONTARIO — (Marketwire) — 12/03/12 — Galane Gold Ltd. ("Galane Gold" or the "Company") (TSX VENTURE: GG) is conducting a major long term exploration programme over a large number of prospects contained within its mining leases and exploration tenements which cover the bulk of the Tati greenstone belt in Botswana. The Company is pleased to provide an update concerning on-going exploration work at the Company-s Tekwane Prospect to define gold mineralisation found i
HALIFAX, NOVA SCOTIA — (Marketwire) — 12/03/12 — Morien Resources Corp. (the "Corporation" or "Morien") (TSX VENTURE: MOX) announces the grant of a total of 2.5 million options to an aggregate of 12 individuals, being directors, officers and individuals providing services to Morien pursuant to a Services Agreement with Erdene Resource Development Corp.Each option is exercisable for one common share of the Corporation until November 30, 2017 at an exercise price of $0.27.
KELOWNA, BRITISH COLUMBIA — (Marketwire) — 12/03/12 — Strathmore Minerals Corp. ("Strathmore" or the "Company") (TSX: STM)(OTCQX: STHJF) announces that it has received notice of termination of the Juniper Ridge Purchase and Sale agreement ("the Agreement") from Crosshair Energy Corporation ("Crosshair"). Crosshair has advised the Company that due to the continued deterioration in existing market conditions, it is not able to comply with the terms of t
TORONTO, ONTARIO — (Marketwire) — 12/03/12 — Legend Gold Corp. (The "Company" or "Legend Gold") (TSX VENTURE: LGN) announces that the new Kata convention has been signed by the Minister of Mines today December 3, 2012. The Kata permit (formerly Diokeba) in Western Mali comprises 64 square km, located about 25 km southeast of the 12 Moz Au Sadiola Gold Mine, operated by Anglo-Ashanti in the Republic of Mali. It is less than 5 km from the south east corner of the Lakanfla/
MONTREAL, QUEBEC — (Marketwire) — 12/03/12 — Cabia Goldhills Inc. ("Cabia") (TSX VENTURE: CGH) is pleased to announce that it has completed on this day the second closing of a non brokered private placement pursuant to which 2,440,000 Units were issued for gross proceeds of $610,000. Each Unit is comprised of one common share of Cabia and one-half of a common share purchase warrant, each full warrant entitling the holder to acquire one Cabia common share at a price of $0.45 for a
123.94 Meters of Near Surface, Sulphide Mineralization Intercepted
TORONTO, ONTARIO — (Marketwire) — 12/03/12 — Superior Copper Corporation (TSX VENTURE: SPC) has entered into an agreement to acquire a 50% interest in the Jogran Porphyry located in Ryan Townships near Batchawana Bay, approximately 80 kilometres north of Sault Ste. Marie, Ontario, subject to regulatory approval. Superior Copper will acquire Jim Ralph-s 50% interest in the project by issuing 670,000 shares to the vendor, Jim Ralph.The Jogran Porphyry Property covers 1 unpatented mineral clai
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/03/12 — CANGOLD LIMITED (TSX VENTURE: CLD) (the "Company") is pleased to announce that it has formally exercised its option for a 100% interest on the 4,279 hectare Plomo gold project in northern Sonora, Mexico. Pursuant to the terms of the option agreement, Cangold has made the final cash payment and share issuance to the vendor, who will retain a 2% Net Smelter Return royalty on any future production from the property.Recent geolog
MONTREAL, QUEBEC — (Marketwire) — 12/03/12 — Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE: CXT)(OTCQX: CRXEF)(FRANKFURT: C3X) announces that it has signed a contract to initiate up to 2,000-meter of diamond drilling on the Minto and Duggan properties. The drilling is expected to start on Tuesday, December 4.The drilling program at Minto will test the southern portion of the property in an area where a recent compilation has indicated strong similari
