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Mining & Metals

RETRANSMISSION: Minister Yves Bolduc Applauds the Launch of Construction at the Orbite Aluminae Inc. Plant 0

CAP-CHAT, QUEBEC — (Marketwire) — 06/25/12 — Dr. Yves Bolduc, Minister of Health and Social Services and Minister responsible for the Gaspesie-Iles-de-la-Madeleine region and Bas-Saint-Laurent region, on behalf of Sam Hamad, Minister of Economic Development, Innovation and Export Trade, today attended the ground-breaking ceremony marking the launch of construction to convert the existing Orbite Aluminae Inc. pilot plant to a high-purity alumina processing plant. The project is valued at mor

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Alexco Reports Bellekeno Production Back Online After Wildfire Disruption 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/25/12 — Alexco Resource Corp. (TSX: AXR)(NYSE MKT: AXU) today reports that on Friday afternoon, June 22, 2012, a lightning strike triggered a wildfire approximately two kilometers from Keno City and the Bellekeno mill facility, located in the Keno Hill Silver District, Yukon. As a precautionary measure, an orderly shut-down of mine, mill and surface exploration operations was initiated Friday evening, with all non-firefighting personnel withdr

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$50 mil Farm-in Deal for Algar Lake and Immediate Non-Dilutive Financing Announced by Concerned Shareholders of Alberta Oilsands Inc. 0

TORONTO, ONTARIO — (Marketwire) — 06/24/12 — The Concerned Shareholders ("New Board") of AOS are pleased to announce that an agreement in principle ("Farm-in Agreement") has been reached with a large, private US based E & P company ("Company") whereby the Company would be prepared to farm into AOS-s 51 exploration permits at Algar Lake, after the election of the New Board.The Company would have the option to earn up to 80% of AOS-s working interests in the

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Lion One Metals Announces Changes in Management 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/22/12 — Lion One Metals Limited (TSX VENTURE: LIO)(OTCQX: LOMLF)(FRANKFURT: LY1) (the "Company") announces that Mr. Kelly Fielder has resigned as Corporate Secretary and Director of the Company, for personal reasons. Mr. Hamish Greig has accepted the position of Vice President and Corporate Secretary and joins the Company-s Board of Directors."I wish to express my gratitude to Mr. Fielder for his contributions to the Company and

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Prize Mining Corporation Transfers to NEX 0

CALGARY, ALBERTA — (Marketwire) — 06/22/12 — PRIZE MINING CORPORATION (the "Corporation") (TSX VENTURE: PRZ.H) announces that it has been advised by the TSX Venture Exchange that its tier classification was changed from Tier 2 to NEX effective June 19, 2012.The trading symbol for the Corporation changed from PRZ to PRZ.H and the filing and service office will change from Calgary to NEX.ON BEHALF OF THE BOARD OF PRIZE MINING CORPORATIONFeisal Somji, President and CEONeither the TSX

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Desert Eagle Announces Claim Filed Against it in California 0

TORONTO, ONTARIO — (Marketwire) — 06/22/12 — Desert Eagle Resources Ltd. ("Desert Eagle" or the "Company") (TSX VENTURE: DER) announces a complaint for damages and injunctive relief with respect to an action for defamation has been filed against the Company in the State of California in the United States District Court, Central District of California. The Company does not have an operations or assets in California and believes this claim to be without merit and is in the

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SAMEX Mining Corp.: Extension of Warrant Term 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/22/12 — SAMEX (TSX VENTURE: SXG)(OTCBB: SMXMF) is applying to the TSX Venture Exchange to extend the term of warrants for the purchase of 1,823,668 shares at $0.35 per share. These warrants were originally issued with a two-year term expiring July 8, 2012, and SAMEX is making application to extend the term of these warrants for two additional years until July 8, 2014. The exercise price of the warrants will remain at $0.35 per share. A Control

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Central Resources Corp.: Selwyn Property Amendment to Option Agreement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/22/12 — Central Resources Corp. (TSX VENTURE: CBC) ("Central" or the "Company") is pleased to announce that it has negotiated an amendment to the option agreement, previously announced by Central on June 9, 2010, for the Selwyn Creek properties, located within the Dawson Range, Yukon.Revised Option TermsUnder the revised option terms, Central can earn 100% ownership of the Selwyn Creek properties, subject to a 3% Net Smelte

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Sparton Project Updates and New Share Options 0

TORONTO, ONTARIO — (Marketwire) — 06/22/12 — Sparton Resources Inc. (TSX VENTURE: SRI) (the "Company"), announced today that new exploration activities are underway on the Sierra Rosario and Battle Mountain Ridge royalty and option properties in Mexico and Nevada.SIERRA ROSARIO PROJECT, MEXICOIn Mexico, American Consolidated Minerals Corp. (TSX VENTURE: AJC), ("AJC") and International Northair Mines Ltd. (TSX VENTURE: INM) ("Northair") have reported that on May

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Minister Yves Bolduc Applauds the Launch of Construction at the Orbite Aluminae Inc. Plant 0

CAP-CHAT, QUEBEC — (Marketwire) — 06/22/12 — Dr. Yves Bolduc, Minister of Health and Social Services and Minister responsible for the Gaspesie-Iles-de-la-Madeleine region and Bas-Saint-Laurent region, on behalf of Sam Hamad, Minister of Economic Development, Innovation and Export Trade, today attended the ground-breaking ceremony marking the launch of construction to convert the existing Orbite Aluminae Inc. pilot plant to a high-purity alumina processing plant. The project is valued at mor

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