VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/23/12 — Commander Resources Ltd. (TSX VENTURE: CMD) ("Commander") reports that Aston Bay Ventures, who have optioned and are earning into Commander-s Storm copper property, have mobilized to site on Somerset Island, Nunavut and commenced the 2012 work program. Aston Bay is currently a private company, which has the right to earn up to 70% interest in the property by funding $15 million in exploration expenditures, as detailed in Comm
MONTREAL, QUEBEC — (Marketwire) — 07/23/12 — Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE: MAT)(OTCQX: MHREF) is pleased to announce that the Company has received a payment of $8.5 M CAD from Toyotsu Rare Earth Canada, Inc. ("TRECan") for the purchase of the first 25% undivided interest in the Kipawa HREE Deposit (see July 12, 2012 press release). The payment enables the ongoing feasibility study on the Kipawa HREE Deposit to be accelerat
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/23/12 — Ultra Lithium Inc. (TSX VENTURE: ULI) ("the Company" or "Ultra") is pleased to announce that geophysical crews have commenced a comprehensive audio-magnetotelluric survey (AMT) on the Company-s 643 km2 land package in the Republic of Serbia. Data will be used to interpret basin geometry and identify potential lithium and boron bearing horizons.Ultra-s seven mineral exploration licenses are situated within well-defin
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/23/12 — Bearing Resources Ltd. ("Bearing", or the "Company") (TSX VENTURE: BRZ) is pleased to announce the Company has closed the CDN $400,000 private placement announced on June 27, 2012. The non-brokered flow through private placement (the "Offering") consisted of 2,000,000 shares offered at a price of $0.20 per share.The gross proceeds from the sale of the Offering will be used for Canadian exploration expenses
MONTREAL, QUEBEC — (Marketwire) — 07/23/12 — Editors Note: There is a photo associated with this press release.Orbite Aluminae Inc. (TSX: ORT) (the "Company" or "Orbite") is pleased to report on the progress achieved in construction activities of its high-purity alumina plant in Cap-Chat, Quebec, and announces today it has selected the investment banking firm or ROTH Capital Partners as its principal American liaison as it prepares to list its shares on the American OTCQX
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/23/12 — Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company") is pleased to report that it has signed letter agreements with two privately-owned Brazilian companies, to acquire the datasets and mineral rights to a series of copper and copper-gold targets near the towns of Sao Juliao and Fronteiras in Piaui State, northeast Brazil, now denominated the Sao Juliao Copper Project. The copper-gold mineralization of
GL12-02 Cuts 81.50 Meters of 28.27% Fe Including 34.00 Meters Grading 34.23% Fe
JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 07/23/12 — AngloGold Ashanti (NYSE: AU) is pleased to announce that it has signed a new US$1 billion, five-year unsecured revolving credit facility (RCF) maturing in July 2017 with its banking syndicate. This replaces the existing four-year, US$1bn unsecured RCF maturing in April 2014. The new RCF was significantly over-subscribed.The new facility improves the overall tenor and maturity profile of the group-s existing debt facilities and further s
JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 07/23/12 — AngloGold Ashanti (NYSE: AU) is pleased to report strong second quarter gold production of 1.073Moz, which represents a 9% improvement on the first quarter, at an estimated total cash cost of $800/oz – $805/oz. The result is better than the company-s market guidance for the quarter of 1.04Moz at a total cash cost of $840/oz – $845/oz, due largely to strong operating performances from the group-s Continental Africa region and the Americas
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/20/12 — Mundoro Capital Inc. (TSX VENTURE: MUN) ("Mundoro" or the "Company") is pleased to announce the Supreme Court of British Columbia has released its Reasons for Judgment dismissing an application brought last month by a dissident shareholder Northern Minerals Investment Corp. ("NMI") to prevent Mundoro from (i) postponing its annual general meeting of shareholders (the "Meeting"), (ii) changing the
