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Mining & Metals

First Point Minerals Updates Drilling Progress at Decar 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/12/12 — First Point Minerals Corp. (TSX VENTURE: FPX) ("First Point" or the "Company") is pleased to report that an approximately 15,000-metre drilling program is currently underway at the Decar nickel alloy project in central British Columbia. The Decar project is currently in the Preliminary Economic Assessment ("PEA") phase, and is managed and operated by Cliffs Natural Resources Exploration Canada Inc., an aff

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Riverside Resources and Partner Sierra Madre Continue Drilling Out Capitan Gold Body With New Results Including 48.7 Meters of 1.01 g/t Gold at the Penoles Project in Durango, Mexico 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/12/12 — Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) and its partner, Sierra Madre Developments (TSX VENTURE: SMG) are pleased to announce additional drill results from the 2012 drill program at the El Capitan Target (a near surface, shallow dipping, oxide gold deposit), which forms part of the Company-s Penoles Project in Durango, Mexico. Highlighted results

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Black Smoker Provides Drilling Update at Fox Lake Mine Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/12/12 — Black Smoker Ventures Inc. (CNSX: BSM) -Announcement Highlights:Black Smoker Ventures Inc. ("Black Smoker" or the "Company") reports the Company is continuing the first-phase diamond drilling campaign at its wholly owned Fox Lake Mine project, located in Manitoba, Canada.Black Smoker-s drill program is designed to test the deep conductor identified in the last summer-s deep-penetrating SQUID TDEM survey. The Fox Lak

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Metanor Produces 25.1 % More Gold Ounces Than Expected From Its Bulk Sample 0

VAL-D-OR, QUEBEC, CANADA — (Marketwire) — 07/12/12 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to issue a summary of the results of its 5,000 tonnes bulk sample from its Bachelor project which was performed in the months of May and June 2012.The company processed 5,429 metric tonnes of ore from an underground bulk sampling at its Bachelor project. The ore was extracted from lateral developments made in the "Main" and "B" veins on level 13

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Matamec and Toyotsu Rare Earth Canada Signed Two Agreements in Connection with the Kipawa HREE Deposit 0

MONTREAL, QUEBEC — (Marketwire) — 07/12/12 — Matamec Explorations Inc. (TSX VENTURE: MAT)(OTCQX: MHREF)("Matamec" or the "Corporation") is pleased to announce that Toyotsu Rare Earth Canada, Inc. ("TRECan") and the Corporation signed a sale and purchase agreement ("SPA") and a joint venture agreement ("JVA") in connection with the Kipawa HREE Deposit. Through this transaction, the two corporations intend to continue their fruitful collaborat

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Talison Lithium Achieves 10% Price Increase 0

PERTH, WESTERN AUSTRALIA — (Marketwire) — 07/12/12 — Talison Lithium Limited ("Talison" or the "Company") (TSX: TLH), announced today that it has agreed a price increase of 10% with customers for sales of chemical-grade lithium concentrate in the second half calendar 2012. Together with the 15% price increase for the first half calendar 2012 this represents a total agreed price increase of 25% for sales of chemical-grade lithium concentrate in calendar 2012.Prices for te

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GoldQuest Deploys Second Drill Rig at the Romero Mineralization in the Dominican Republic, Where Preliminary Interpretation Suggests the Mineralized Horizons May Be Subhorizontal 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/12/12 — GoldQuest Mining Corp. (TSX VENTURE: GQC)(FRANKFURT: M1W)(BERLIN: M1W) ("GoldQuest" or the "Company") is pleased to announce that a second drill rig has started drilling at the Romero Gold and Copper Discovery within its 100 percent owned Las Tres Palmas project in the Dominican Republic. LTP 90, the only hole to date that has assay results at the Romero discovery, returned 231 metres grading 2.4 g/t gold (see GoldQ

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Northair Closes Oversubscribed Private Placement for Gross Proceeds of $6.1 Million 0

Coeur d-Alene Mines Provides Lead Order Totaling $3.0 Million

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Formation Metals- Idaho Cobalt Project and Hydrometallurgical Plant Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/12/12 — Formation Metals Inc. (TSX: FCO) (the "Company") is providing an update on the progress of construction on its 100% owned Idaho Cobalt Project ("ICP"), which is managed by JDS Energy & Mining. The ICP is comprised of the development of a mine and construction of a concentrator at a primary cobalt deposit in Lemhi County near the town of Salmon, Idaho, and the construction of an electrowinning cobalt production f

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Prosperity Goldfields Announces Resignation of Director 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/11/12 — Prosperity Goldfields Corp. (the "Company") (TSX VENTURE: PPG) announces, effective July 10, 2012, that Mr. R. Bruce Duncan has resigned as a director to focus on his duties as CEO of Evolving Gold Corp. and other ventures. Mr. Duncan was instrumental in the initial public listing of the Company via the spin out of the Kiyuk Property from Evolving Gold in 2011. The Company would like to take this opportunity to thank Mr. Dunc

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