TORONTO, ONTARIO — (Marketwire) — 11/09/12 — Azul Ventures Inc. ("Azul", or the "Company") (TSX VENTURE: AZL) is pleased to announce that it has entered into an agreement to amend the purchase option agreement with Inversiones y Mineria Andale Limitada ("Andale"), one of the six option agreements the Company has on the La Higuera Property. The amended agreement eliminates the remaining cash payments totaling US$575,000 in exchange for the issuance of an additio
LONDON, ENGLAND — (Marketwire) — 11/09/12 — Condor Gold plc ("Condor" or "the Company") (AIM: CNR) -Mark Child, Chairman and CEO commented:" has commenced a 7,000m drilling programme on La India Vein Set with the prime objective of increasing the Indicated Category Mineral Resource within the current Whittle open pit to circa 900,000 oz gold from the current 534,000 oz gold at 3.9g/t by converting Inferred to Indicated resources and the second objective of increasing
TORONTO, ONTARIO — (Marketwire) — 11/08/12 — Sprott Physical Silver Trust (the "Trust") (TSX: PHS.U)(NYSE: PSLV), a trust created to invest and hold substantially all of its assets in physical silver bullion and managed by Sprott Asset Management LP, announced today that it has launched a follow-on offering (the "Offering") of transferable, redeemable units of the Trust ("Units").The Trust will use the net proceeds of the Offering to acquire physical silver bul
CALGARY, ALBERTA — (Marketwire) — 11/08/12 — Sunridge Energy Corp. ("Sunridge" or the "Company") (TSX VENTURE: SRG) is pleased to announce that it has now established an initial stabilized daily production rate at the North Central oil prospect. The discovery well and the step out well were placed on production in July and October, respectively, and currently yield a combined rate averaging approximately 100 BOPD, 80 BOPD net to Sunridge. Further optimization to increase
MONTREAL, QUEBEC — (Marketwire) — 11/08/12 — Cabia Goldhills Inc. ("Cabia") (TSX VENTURE: CGH) is pleased to announce that it has completed on this day the first closing of a non brokered private placement of 1,470,000 Units for gross proceeds of $367,500. 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 period of two years. Additio
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/08/12 — War Eagle Mining Company Inc. (TSX VENTURE: WAR) ("War Eagle" or the "Company") has re-appointed Don Padgett as a director and appointed Paul Carroll to the Company-s board of directors as Chairman, effective November 7, 2012. The Company has also appointed an experienced mining executive, Tom Atkins, as chief executive officer.Mr. Carroll has had a lengthy business career in the mining industry, both as a lawyer an
RENO, NEVADA — (Marketwire) — 11/08/12 — Consolidated Goldfields Corp.("Consolidated" or the "Company") (OTC PINK: CDGF) () is pleased to announce that the Company has engaged Harris Exploration to drill approximately 5,000 feet of reverse circulation drilling on its Fisher Canyon Project in Pershing County, Nevada. Fisher Canyon is characterized by carbonate rocks that contain thick lenses of volcaniclastic rocks exhibiting extensive hydrothermal alteration. Alteration i
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/08/12 — Decade Resources Ltd. ("Decade") (TSX VENTURE: DEC) and Mountain Boy Minerals Ltd. ("Mountain Boy") (TSX VENTURE: MTB) are pleased to provide an update for the Red Cliff project in Northwestern British Columbia. Seventy three holes were completed and assays were received for most holes up to and including DDH-12-61. The remaining core and portions of core have been logged, cut and shipped for assay.It has been decid
QUEBEC CITY, QUEBEC, CANADA — (Marketwire) — 11/08/12 — Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE: NMX)(OTCQX: NMKEF) is pleased to announce the hiring of Mr. Daniel Dufort as Vice President Operations and Mr. Marc Vicaire as Director of Human Resources, as the Company ramps up activities and transitions from exploration to development. Both individuals have served in their respective capacities in mining companies throughout their career and bot
TORONTO, ONTARIO — (Marketwire) — 11/08/12 — Eastmain Resources Inc. (TSX: ER) is pleased to announce drill assay results for its 100%-owned Eau Claire gold deposit (Clearwater Project), located in the James Bay, Middle North region of Quebec. This phase of drilling has been successful in expanding the resources of the Eau Claire gold deposit, with over 80 gold-bearing drill intersections exceeding the resource cut-off grades received to date. Both high-grade gold veins and wider zones of g
