TORONTO, ONTARIO — (Marketwire) — 09/07/12 — Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, is pleased to report that it has filed its NI 43-101 Heap Leach Feasibility Study (FS) for its Amulsar Gold Project in Armenia.Results from this Feasibility Study were previously announced on September 5, 2012. The key outcomes highlighted an NPV of $646m at 5% discount rate and an IRR of 27.7% (at $1,2
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/07/12 — Nevsun Resources Ltd. (TSX: NSU)(NYSE MKT: NSU)(NYSE Amex: NSU) -HIGHLIGHTSNevsun Resources Ltd. ("Nevsun") announces the filing today on SEDAR of the updated Bisha Mine NI 43-101 Technical Report titled Bisha Polymetallic Operation, Eritrea, Africa, to support the mineral resources and reserves estimates announced on July 24, 2012. The Technical Report is authored by independent Qualified Persons. The Technical Report is als
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/07/12 — New Destiny Mining Corp. (TSX VENTURE: NED) (the "Company" or "New Destiny) announces that Mr. Jonathan Reilly has resigned, effective immediately from his position as CFO and Director. The Board of Directors wishes to thank Mr. Reilly for his contribution to the development of the Company.New Destiny Mining would also like to announce the appointment of Ms. Ping Shen to Director and CFO of the Company. Ms. Shen has been
TORONTO, ONTARIO — (Marketwire) — 09/07/12 — Solid Gold Resources Corp. ("Solid Gold") (TSX VENTURE: SLD) reports that the Superior Court of Justice in Ontario has released an important decision in favour of the Company. Mr. Justice Wilton-Siegel granted Solid Gold leave to appeal the January 3, 2012 injunction order, ruling that there is good reason to doubt the correctness of such order."The decision is material and should be of significant interest to all resource-based com
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/07/12 — Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or the "Company") is pleased to announce that a diamond drilling program has commenced on the QV Project in the White Gold district, Yukon.The drilling program is designed to test strong gold enrichment discovered in trenches at the VG Zone, including 3.31 g/t gold over 95m from trench QVTR12-06 and 3.77 g/t gold over 45m in QVTR12-15 (see Comstock news release dat
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/07/12 — CaNickel Mining Ltd. ("CaNickel" or the "Company") (TSX: CML) is pleased to provide the complete drilling results from the 2012 winter drilling program at the Company-s M11A area, a deposit ("M11A North Deposit) of the Company-s Thomson Nickel Belt Exploration Project in Manitoba. This deposit is located approximately four kilometers north of the Bucko Lake Nickel Mine and milling operations, near the town of W
TORONTO, ONTARIO — (Marketwire) — 09/07/12 — Sprott Physical Gold Trust (the "Trust") (NYSE: PHYS)(TSX: PHY.U), a trust created to invest and hold substantially all of its assets in physical gold bullion and managed by Sprott Asset Management LP, announced today that it has priced its follow-on offering of 23,000,000 transferable, redeemable units of the Trust ("Units") at a price of US$14.84 per unit (the "Offering"). As part of the Offering, the Trust has gra
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/07/12 — WestKam Gold Corp. (TSX VENTURE: WKG) (the "Company") is pleased to announce a non-brokered private placement consisting of up to 11,750,000 units for aggregate proceeds of up to $1,762,500. The Company will offer up to 6,750,000 flow-through units and up to 5,000,000 units at $0.15 per unit. The flow-through units will be offered at $0.15 and consist of one flow-through common share and one common share purchase warrant exer
PERTH, WESTERN AUSTRALIA — (Marketwire) — 09/07/12 — Paladin Energy Ltd. (TSX: PDN)(ASX: PDN) (Paladin or the Company) is pleased to announce that the finalisation and registration of the security documentation supporting the previously announced US$200M prepayment (see Paladin released dated 15 August 2012) has now been completed.The prepayment will be made in tranches to be completed by no later than 31 January 2013.ACN 061 681 098Contacts: In Australia: Paladin Energy Ltd John Borshoff M
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/07/12 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") announces it has received an Environmental Impact Assessment (EIA) certificate from the Tanzanian government for the Company-s 100-square kilometre Handeni property in Tanzania, including the Magambazi project area. This achievement is the culmination of a two-year process involving environmental studies, ministerial reviews and public hearings.Can
