Highlights include 37.5 metres of 1.38 grams gold per tonne ("g/t Au") and 25.5 metres of 1.47 g/t Au
HALIFAX, NOVA SCOTIA — (Marketwire) — 07/04/12 — Ucore Rare Metals Inc. (TSX VENTURE: UCU)(OTCQX: UURAF) ("Ucore" or "the Company") is pleased to comment on the recent announcement that the Chinese government intends to implement a stockpile of critical rare earth oxides, including Dysprosium Oxide, Terbium Oxide, Europium Oxide, and Yttrium Oxide. It is expected that rare earth producers Chalco, China Minmetal, and Baotou Steel Rare Earth are to receive interest free lo
ROUYN-NORANDA, QUEBEC — (Marketwire) — 07/04/12 — Radisson Mining Resources Inc. (Radisson or the Company) (TSX VENTURE: RDS) is pleased to announce the results of the annual meeting of shareholders held on June 29, 2012, in Rouyn-Noranda, Quebec. With a high voter turnout (nearly 44%), the shareholders elected Jean-Marie Dupont, Michel David and Paul Cregheur to the Board of Directors for a two-year term. The other directors of the Company are Luc Simoneau and Donald Lacasse. The sharehold
Mill Expansion to Resume in Late 2012 or Early 2013
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — Standard Graphite Corp. (TSX VENTURE: SGH) (the "Company") is pleased to report on the continuing success of its airborne TDEM surveys (time domain electromagnetics) aimed at characterizing the conductive signatures of the surface graphite occurrences on its projects. Interpretation of the Notre-Dame property results confirms that the surface graphite is also part of an extensive conductor outlined by the TDEM survey.The Notr
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — Red Eagle Mining Corporation (TSX VENTURE: RD)(OTCQX: RDEMF) is pleased to announce that following the successful first (see news release dated January 17, 2012: ) and, recently completed, second (see news releases dated June 13, 2012: http://redeaglemining.com/news/?pg=1&nyy=2012&nid=35 and June 26, 2012: http://redeaglemining.com/news/?nid=37) phases of drilling at the Santa Rosa gold project in Colombia, a third 5,000m, at l
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/03/12 — Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE: TPN) is pleased to provide an update to its proposed acquisition of Lion Petroleum Corp. ("Lion") as previously announced in the Company-s press releases dated May 17th, May 31th, June 14th and June 20th 2012 (the "Transaction").Lion has reached an agreement in principle (the "Agreement") with NewAge (African Global Energy)
TORONTO, ONTARIO — (Marketwire) — 07/03/12 — Labrador Iron Mines Holdings Limited ("LIM" or the "Company") (TSX: LIM) reported today that the Company has been notified of a barricade currently blocking access to its mining operations in the Schefferville area, which has also affected other mine developers and exploration companies within the region. The Company believes that the barricade consists of a local group of Schefferville residents, not sanctioned by any aborigi
TORONTO, ONTARIO — (Marketwire) — 07/03/12 — Ethiopian Potash Corp. (the "Company" or "EPC") (TSX VENTURE: FED)(TSX VENTURE: FED.WT) announces that it has arranged to settle outstanding debts owed to certain arms-length service providers by issuing an aggregate of 14,687,163 common shares at a deemed price of $0.15 per common share. Such arrangements remain subject to TSXV approval. The common shares that will be issued in connection with this debt settlement will be sub
OTTAWA, ONTARIO — (Marketwire) — 07/03/12 — Beaufield Resources Inc. ("Beaufield" or the "Company") (TSX VENTURE: BFD) has learned that some members of the Innu community in Schefferville have established a blockade of certain area roads denying access to some facilities required for mineral activities in the area. The action as Beaufield understands, relates to grievances unrelated to the companies undertaking exploration.Beaufield is respectful of the local community a
