TORONTO, ONTARIO — (Marketwire) — 11/29/12 — Excalibur Resources Ltd. ("Excalibur" or the "Company") (CNSX: XBR)(FRANKFURT: X9CN) is pleased to announce the first set of drill results from its 2012 exploration program on its Cariboo Property, located in southeastern British Columbia.The 2012 work program consisted of 1,465 metres of core drilling in 29 holes. To date, assay results for 22 of the holes have been returned. Significant intercepts include 11.1 grams per tonn
TORONTO, ONTARIO — (Marketwire) — 11/29/12 — Telferscot Resources Inc. (CNSX: TFS) ("Telferscot" or the "Company") announces that it has granted stock options to purchase up to 1,900,000 common shares of the Company to certain directors, officers and employees of the Company. The options have an exercise price of $0.15 per common share, a term of five years and vest in three equal tranches over two years.About Telferscot Resources Inc.Telferscot Resources Inc. is a Canad
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/29/12 — Lion One Metals Limited (TSX VENTURE: LIO)(OTCQX: LOMLF)(FRANKFURT: LY1) (the "Company" or "Lion One") is pleased to announce that it has commenced an Environmental Impact Assessment ("EIA") for the Tuvatu Gold Project, located near Nadi on the island of Viti Levu, Fiji. The Company will file the EIA, when completed, with Fiji-s Mineral Resources Department in conjunction with a mining license application
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/29/12 — El Tigre Silver Corp. (the "Company" or "El Tigre") (TSX VENTURE: ELS)(OTCQX: EGRTF)(FRANKFURT: 5RT) is pleased to report on exploration progress at its El Tigre silver and gold project. El Tigre is located on concessions that are part of the Company-s 431 square kilometer concession ownership in Sonora, Mexico. The El Tigre mine was operated from 1903 to 1938, and it is estimated to have produced 70 to 75 million o
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/29/12 — Greg Myers, CEO and President of Caza Gold Corp. (TSX VENTURE: CZY)(OTCQX: CZGDF)(FRANKFURT: CZ6) is pleased to announce that the Phase 1 drill program at the Pedregal target on the los Andes property in Nicaragua has extended thick intervals of strongly altered and silicified, sulfide bearing volcanic rocks carrying anomalous silver, copper, and gold associated with vuggy silica, advanced argillic, and argillic alteration.Six holes ha
TORONTO, ONTARIO — (Marketwire) — 11/29/12 — Probe Mines Limited (TSX VENTURE: PRB) ("Probe" or the "Company") is pleased to announce that it has closed the previously announced sale of its 5% Net Smelter Royalty (the "Royalty") on a portion of the Goldex Mine to Agnico-Eagle Mines Limited ("Agnico-Eagle").Under the terms of the Purchase Agreement, Probe received a cash remittance of $14.0 million from Agnico-Eagle at closing. Additionally, Probe will
SCOTTSDALE, AZ — (Marketwire) — 11/29/12 — Sunergy, Inc (the "Company") (PINKSHEETS: SNEY) is pleased to announce that it has secured an initial deposit on its $500,000 financing proposal for startup of the 2012-2013 Pampana river Dredging and Pilot Plant operation in Sierra Leone and dispatches personnel to commence operations.We have budgeted $100,000 on operations in Sierra Leone through December 31, 2012 on our 140 sq. km. Pampana River gold and Ree-s concession. During Q1 and
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/29/12 — Diamonds North Resources Ltd. (TSX VENTURE: DDN) and Uranium North Resources Corp. (TSX VENTURE: UNR) ("the Companies") announce that trenching on the Poland China property in Washington State has identified a new mineralized zone with gold values up to 19.95 g/t over 1.52 metres."Gold values as high as 19.95 g/t represent a significant discovery on the Poland China project and emphasize the unrealized potential of our W
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/29/12 — Stratton Resources Inc. (TSX VENTURE: SI) ("Stratton" or the "Company") is pleased to provide an exploration update on summer field programs conducted at its MAC, Lunar and Natlan projects, located in British Columbia, Canada.MACThe MAC Project is an advanced-stage molybdenum-copper project with newly recognized nickel-iron-chromium potential (see news release dated October 5, 2012) located approximately 80 kilometr
LONGUEUIL, QUEBEC — (Marketwire) — 11/29/12 — Cerro Resources NL (ASX: CJO)(TSX VENTURE: CJO) is pleased to announce that it has filed on SEDAR, the NI43-101 Technical Report supporting the Initial Inferred Resource announced October 24, 2012, for the 100%-owned Namiquipa Silver Project located in Chihuahua, Mexico.The Technical Report was prepared by Timothy Carew, B.Sc (Hons) Geology, M.Sc. Mineral Production Management, P.Geo, an independent consultant; Bill Fleshman, B.Sc Geology, Fello