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Mining & Metals

Cangold Terminates Option on Ixhuatan Gold-Silver Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/11/12 — CANGOLD LIMITED (TSX VENTURE: CLD) (the "Company") announces that it has terminated its option agreement with Brigus Gold on the Ixhuatan Gold Project in Chiapas, Mexico.The Company was given a prepared statement on Friday, September 7 by the Ejido San Isidro Las Banderas ("San Isidro"), a local farming community, indicating that the community members had voted unanimously to ban any and all future mining-related ac

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Russel Metals Comments on Strike at Boucherville Plant, Quebec 0

TORONTO, ONTARIO — (Marketwire) — 09/11/12 — Russel Metals Inc. (TSX: RUS) today announced that it is in discussions with the Quebec Ministry of Labour and the Confederation des Syndicats Nationaux (CSN) representatives to reach agreement on language and issues related to the Company-s Acier Leroux plant in Boucherville, Quebec. During this process the union has taken strike action.Brian R. Hedges, President and CEO, stated "The decision by the union to strike before the Company had ev

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Valor Gold Corporation Launches Its Geological Advisory Board 0

RENO, NV — (Marketwire) — 09/11/12 — (OTCQB: VGLD) announced today that it has created a Geological Advisory Board and added two prominent mining experts to the advisory board, Odin (Odie) Christensen and Winthrop (Win) Rowe. The newly created advisory board will provide a vehicle for participation by its members to evaluate, analyze and provide strategic direction to the Valor exploration effort.Dr. Christensen is a 35 year veteran of the mining industry. Previously he worked for Newmont Mi

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Conquest Announces Appointment of President 0

TORONTO, ONTARIO — (Marketwire) — 09/11/12 — Conquest Resources Limited (TSX VENTURE: CQR) is pleased to announce the appointment of Robert Kinloch as President and Chief Executive Officer of Conquest Resources Limited following the retirement of Terence McKillen. Mr. Kinloch has served as a director of Conquest since March 2009.Mr. Kinloch is a graduate of the University of Saskatchewan (Phil.) and brings an extensive securities background to the position, with extensive experience in reso

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Galore Grants Incentive Stock Options 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/10/12 — Galore Resources Inc. (TSX VENTURE: GRI) announces the granting of an aggregate 2,975,000 incentive stock options to directors, officers, employees and consultants pursuant to its incentive stock option plan. These options are exercisable for a period of five years from the date of grant at a price of $0.10 per share.Galore Resources is a British Columbia-based exploration company that has assembled a leading group of industry professi

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Galipeau to Leave KWG Board 0

TORONTO, ONTARIO — (Marketwire) — 09/10/12 — KWG Resources Inc. ("KWG" or "the Company") (TSX VENTURE: KWG) announces that Rene Galipeau has submitted his resignation as Director to the Board of Directors of KWG Resources Inc. The Company is grateful to Mr. Galipeau for his service as its Board Chairman throughout the proposed merger with Spider Resources Inc. and the subsequent redirection of its undertakings when Spider-s outstanding shares were acquired by Cliffs Natu

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Victoria Gold Continues to Define Higher Grades at Eagle Gold Deposit 0

TORONTO, ONTARIO — (Marketwire) — 09/10/12 — Victoria Gold Corp. (TSX VENTURE: VIT) ("Victoria" or the "Company") is pleased to report new drill hole results from its Eagle Gold Projects in Yukon, Canada. The project is located approximately 80 km by road from the town of Mayo in central Yukon.Recent drill hole results at the Eagle gold deposit continue to be positive, encountering numerous, wide intercepts with higher grades than the Eagle gold Resource and Reserve. The

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Premium Exploration Closes $340,000 Non-Brokered Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/10/12 — Premium Exploration Inc. (TSX VENTURE: PEM)(OTCQX: PMMEF) ("Premium" or the "Company") is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") of senior secured debentures (the "Debentures") for gross proceeds of $340,000.The Debentures have a minimum face value of $1,000, each bearing interest of 15% per annum over a two year term issued together with

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DPM Files Technical Report on Chelopech Pyrite Recovery Project 0

TORONTO, ONTARIO — (Marketwire) — 09/10/12 — Dundee Precious Metals Inc. (TSX: DPM)(TSX: DPM.WT.A) ("DPM" or "the Company") is pleased to announce that it has today filed a National Instrument 43-101 – Standards of Disclosure for Mineral Projects technical report (the "Report") on Sedar at on its Chelopech Pyrite Recovery Project, Bulgaria.The Report was prepared in support of a news release issued on July 26, 2012 by the Company announcing the positive techni

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Continental Nickel Amends Arrangement Agreement with IMX 0

TORONTO, ONTARIO — (Marketwire) — 09/10/12 — Continental Nickel Limited (TSX VENTURE: CNI) ("Continental" or "CNI") announces that it has entered into a second amending agreement with IMX Resources Limited ("IMX") in relation to the proposed arrangement with IMX (the "Arrangement"). The amendment was implemented as a result of certain proposed Canadian tax changes and means that the common shares of Continental will be acquired under the Arrangement b

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