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Mining & Metals

Medusa Mining Limited: Bananghilig Deposit Drilling Update 0

TORONTO, ONTARIO — (Marketwire) — 08/08/12 — Medusa Mining Limited (ASX: MML)(LSE: MML) ("Medusa" or the "Company"), through its Philippines operating company Philsaga Mining Corporation, advises that infill drilling is continuing to the upgrade the resource to the Indicated category at the Bananghilig Gold Deposit. Drilling since the 17 January 2012 announcement continues to confirm continuity of mineralisation.Drilling highlights include:Peter Hepburn-Brown, Managing D

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ICN Reports Goldfield NI 43-101 Technical Report Completed 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/12 — ICN Resources ("ICN" or the "Company") (TSX VENTURE: ICN) is pleased to report that it has SEDAR filed a National Instrument 43-101 Technical Report (the "Report") on the Goldfield Bonanza Project (the "Project"). The Project, under option from Lode Star Gold, Inc., is located in the historic Goldfield mining district of Nevada. A copy of the Report, entitled "Technical Report: Geology and M

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Nickel North Exploration Corp. Completes Qualifying Transaction and Concurrent Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/12 — Nickel North Exploration Corp. (TSX VENTURE: NNX) (the "Company"), formerly Orient Venture Capital Inc., announces that it has completed its qualifying transaction (the "Transaction") and concurrent financing, as previously announced in the Company-s news releases dated February 7, 2012 and April 10, 2012, and as more particularly described in its filing statement dated July 23, 2012 (the "Filing Statement&quot

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Paget Minerals Corp. Receives Final Acceptance of Option Agreement and Closes $968,673 Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/12 — Paget Minerals Corp. (TSX VENTURE: PGS) ("Paget") is pleased to announce that, further to its news release dated June 26, 2012, it has received final acceptance of a definitive option agreement with Blue Gold Mining Inc. (TSX VENTURE: BGX) ("Blue Gold") whereby Blue Gold has the option to earn up to a 65% interest in three porphyry targets (collectively referred to as "the Project") within Paget-s 100%-own

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Blue Gold Receives Final Acceptance of Option Agreement for Ball Creek Gold-Copper Porphyry Project and Closes Paget Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/12 — Blue Gold Mining Inc. (TSX VENTURE: BGX) ("Blue Gold" or "the Company") announced today that it has received final acceptance from the TSX Venture Exchange of a definitive option agreement ("the Agreement") between Blue Gold and Paget Minerals Corp. (TSX VENTURE: PGS) ("Paget"). Under the terms of the Agreement, Blue Gold has the option to earn up to a 65% interest in a 145 square kilometre porti

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Announcement McEwen Mining Second Quarter Conference Call August 9th 10 am (Eastern) 0

TORONTO, ONTARIO — (Marketwire) — 08/08/12 — McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) Chief Owner, Rob McEwen, along with senior management, will be hosting a conference call tomorrow, Thursday, August 9th, 2012 at 10:00 AM ET to provide the second quarter company update. McEwen Mining-s second quarter news release can be accessed here: . Details for the conference call are as follows:WEBCAST:TELEPHONE:Participant dial-in number(s): 1-719-325-2463 / 1-888-523-1228Participant pass code: 4321

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Cayden Arranges a Non-Brokered Private Placement for $4.2 Million 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/12 — Cayden Resources Inc. (TSX VENTURE: CYD) ("Cayden" or the "Company") is pleased to announce that it has arranged a financing for $4.2 million through a non-brokered private placement. The financing will consist of 4.2 million units (the "Units") of the Company at a price of CAD$1.00 per Unit (the "Offering"). Each unit will consist of one common share plus one half of one common share purchase wa

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Yamana Gold Declares Quarterly Dividend 0

TORONTO, ONTARIO — (Marketwire) — 08/08/12 — YAMANA GOLD INC. (TSX: YRI)(NYSE: AUY)(LSE: YAU) today announced its third quarter 2012 dividend of $0.065 per share. Shareholders of record at the close of business on Friday, September 28, 2012 will be entitled to receive payment of this dividend on Friday, October 12, 2012. The dividend is an "eligible dividend" for Canadian tax purposes.Yamana is committed to delivering value to shareholders, across all measures including cash value

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San Gold to Release 2012 Q2 Results on August 14 0

WINNIPEG, MANITOBA — (Marketwire) — 08/08/12 — San Gold Corporation (TSX: SGR)(OTCQX: SGRCF) senior management plans to host a conference call at 11:00 am Eastern Time on August 14 to discuss its 2012 Q2 results and to provide an update of the Company-s operating, exploration, and development activities.Participants may join the conference call by dialing 1 (866) 226-1793 or 1 (416) 340-8527 for participants outside of Canada and the United States. The conference call will also be available

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Canasil Completes Expenditures for 51% Earn-in of Pan American Silver-s Escobar Claims at Sandra-Escobar Project in Durango State, Mexico 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/12 — Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(FRANKFURT: 3CC) announces completion of the $1 million expenditure requirement to earn 51% interest in Pan American Silver-s (Pan American) Escobar claims at the Sandra-Escobar silver-gold project in Durango State, Mexico. As required under the option and joint venture agreement dated March 24, 2009, Canasil has delivered to Pan American a formal notice of earn-in on June 22, 2012, ba

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