TORONTO, ONTARIO — (Marketwire) — 11/06/12 — 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 October 1, 2012.The Company has made good operational progress on its Hakkari Zinc Project enabling it to become a cash generating asset in the immediate term. Mine production from open pit operations on t
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/06/12 — Petaquilla Minerals Ltd. ("Petaquilla" or the "Company") (TSX: PTQ)(OTCBB: PTQMF)(FRANKFURT: P7Z) acknowledged today the announcement by Inmet Mining Corporation ("Inmet") of its decision to permit its offer for all of the issued and outstanding shares of the Company to expire in accordance with the offer-s terms.Petaquilla remains committed to engaging in discussions with Inmet, and other interested parti
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/06/12 — Huakan International Mining Inc. (TSX VENTURE: HK) (the "Company") today announced that it has entered into a second amending agreement with Gold Crown LLC and its wholly owned subsidiary, AMT Industries Canada Inc. (collectively, the "Purchasers") to amend the terms of a letter agreement (the "Letter Agreement") entered into by the Company and the Purchasers on August 7, 2012 (see the News Release of the
TORONTO, ONTARIO — (Marketwire) — 11/06/12 — Purepoint Uranium Group Inc. (TSX: PTU) has today filed a National Instruments 43-101 compliant technical report on its Smart Lake uranium project in northern Saskatchewan. Purepoint operates the Smart Lake project in the Athabasca Basin under the terms of an agreement with Cameco that permits Purepoint to acquire up to a 50% interest in the project.Purepoint is currently on schedule to release similar reports on all of its material projects duri
TORONTO, ONTARIO — (Marketwire) — 11/06/12 — Inmet Mining Corporation (TSX: IMN) announced today that the minimum tender condition of its final offer for all of the issued and outstanding shares of Petaquilla Minerals Ltd. was not met by the expiry time of 11:59 p.m. (Vancouver time) on November 5, 2012. Accordingly, Inmet-s offer expired at such time in accordance with its terms. Inmet did not acquire any Petaquilla shares pursuant to the offer.This press release does not constitute an off
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/06/12 — Red Eagle Mining Corporation (TSX VENTURE: RD)(OTCQX: RDEMF) is pleased to announce that an additional 17,000 metre core drill programme, utilising three rigs, recently commenced at the San Ramon gold system, Santa Rosa project located in Colombia. This Phase Four programme will complete infill drilling to 50 metre centres and test the high grade gold system, below the 250 vertical metres from surface currently drilled, to depths of pl
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/05/12 — Tirex Resources Ltd. (TSX VENTURE: TXX)(OTCQX: TIRXF) ("Tirex") is pleased to announce it has arranged a $7.7 million financing. This financing puts Tirex in excellent financial condition as the company plans to target new discoveries concurrent with the commencement of gold and copper production as detailed in Tirex News Release dated October 29, 2012.Tirex has more than 40 high priority airborne electromagnetic (EM) anomali
TORONTO, ONTARIO — (Marketwire) — 11/05/12 — Belo Sun Mining Corp. (TSX: BSX) reports assays for 85 additional drill holes (corresponding to 27,261 meters) at its Volta Grande Project as part of its mineral resources expansion and upgrade drilling program.The results being released today are being incorporated into the company-s database and will be used in the new mineral resource estimate update expected to be completed later this year. This mineral resource estimate update represents a v
ABBOTSFORD, BRITISH COLUMBIA — (Marketwire) — 11/05/12 — SAMEX Mining Corp. (TSX VENTURE: SXG)(OTCQB: SMXMF) has commenced drilling at the Chimberos Property in Chile. Drilling will explore beneath the historic Buena Esperanza silver mine to test what lies at depth below the complex fault zone and related replacement mantos-hosted silver-lead-zinc mineralization.Program highlights include:The Chimberos Property is located about 75 kilometers north of the city of Copiapo and is situated in t
EDMONTON, ALBERTA — (Marketwire) — 11/05/12 — Firestone Ventures Inc. (the "Corporation") (TSX VENTURE: FV)(FRANKFURT: F5V) announced it has closed a non-brokered private placement offering of 11,380,040 units ("Units") at a price of $0.05 per Unit for gross proceeds of C$569,002. Each Unit will consist of one common share and one common share purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase one common share at a price of $0.10 per