Massive Sulphide Deposit Contains Significant Zinc-Lead-Copper-Silver Resource
BRISBANE, AUSTRALIA — (Marketwire) — 07/20/12 — Intrepid Mines Limited ("Intrepid", the "Company") (TSX: IAU)(ASX: IAU) advises that its Indonesian joint venture partner, PT Indo Multi Niaga ("PT IMN"), without prior reference to Intrepid, has suspended operations at the Tujuh Bukit Project in East Java Indonesia beginning immediately. PT IMN has requested several members of senior management, including all expatriate employees seconded to PT IMN from Intrepid,
TORONTO, ONTARIO — (Marketwire) — 07/20/12 — The Board of Directors of Scorpio Mining Corporation (TSX: SPM) ("Scorpio Mining" or the "Company"), today announced that it has accepted the resignation of Scorpio-s President and Chief Executive Officer, Parviz Farsangi, and unanimously appointed the Company-s Chairman, founder and former Chief Executive Officer, Peter J. Hawley as interim President and Chief Executive Officer. Mr. Farsangi has stepped down as President and
Early Results Indicate Approximately 100% of Available Common Shares Subscribed, Generating US$1.8 Billion in Gross Proceeds
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/20/12 — Sennen Resources Ltd. (TSX VENTURE: SN) ("Sennen") announces that, further to its news release of July 17th, 2012, the Board of Directors has formed a special committee comprised of independent directors Douglas B. Hyndman, Jim Robertson, and J. Merfyn Roberts to assist the Sennen Board in fulfilling its fiduciary duties. The special committee will evaluate and consider the adequacy of the unsolicited offer received from Libe
VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 07/20/12 — Platinum Group Metals Ltd. (TSX: PTM)(NYSE MKT: PLG)(NYSE Amex: PLG) ("Platinum Group" or the "Company") reports on exploration results from drilling conducted on property included in the Sable Joint Venture with Platinum Group Metals. The Sable property was acquired by Permit Applications as part of Platinum Group-s successful new business initiative. The property is located at the ea
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/19/12 — Timmins Gold Corp. (TSX: TMM)(NYSE MKT: TGD)(NYSE Amex: TGD) (the "Company") announces that it held its annual and special meeting of shareholders on July 19, 2012 and the following persons were elected to the board of directors: Arturo Bonillas, Bruce Bragagnolo, Miguel Soto, Frank Cordova, Eugene Hodgson, R. Barry Fraser, Paula Rogers and Keith Peck. Lawrence Dick resigned from the board of directors prior to the meeting bu
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/19/12 — AsiaBaseMetals Inc. ("AsiaBaseMetals" or the "Company") (TSX VENTURE: ABZ) announces that the Company has terminated its previously disclosed definitive purchase and sale agreement (the "Agreement") for the indirect acquisition by the Company of a majority interest in the Vientiane Potash Property located in Laos. The Company terminated the Agreement in accordance with its terms due to fundamental conditio
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/19/12 — Paget Minerals Corp. (TSX VENTURE: PGS) ("Paget" or the "Company") is pleased to announce the start of the 2012 exploration program within Paget-s 100% owned Ball Creek Project located in northwestern British Columbia-s Golden Triangle region. Paget and Blue Gold Mining Inc. (TSX VENTURE: BGX) ("Blue Gold") recently signed a Definitive Agreement whereby Blue Gold has the option to earn up to a 65% majority
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/19/12 — New Dimension Resources Ltd. (TSX VENTURE: NDR) (the "Company" or "New Dimension") announces that it has granted 990,000 stock options at $0.15 to directors, employees and consultants. All of the options are exercisable for a period of 5 years from the date of grant and expire on July 18, 2017.About New Dimension Resources Ltd.New Dimension has an option to earn up to a 100% interest in the Lansing and Mars Projects