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Mining & Metals

Soltoro Intercepts 18 Metres of 161 g/t Silver Including 4.5 Metres of 378 g/t Silver in Discovery Zone at El Rayo Project 0

TORONTO, ONTARIO — (Marketwire) — 06/20/12 — Soltoro Ltd. (TSX VENTURE: SOL) has completed in excess of 10,000 metres of this year-s planned 20,000 metre drill program at its El Rayo primary silver project in Jalisco, Mexico. Results from the latest round of drilling include high-grade silver intercepts of 1.2 metres of 706 g/t silver at the La Soledad West deposit and 4.5 metres of 378 g/t silver in a newly discovered zone east of the Matachines mine at the south end of the Las Bolas struc

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Chesapeake Agrees to Sell El Escorpion Silver Project to Gunpoint Exploration Ltd. 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/20/12 — Chesapeake Gold Corp. (TSX VENTURE: CKG) ("Chesapeake") is pleased to announce that it has entered into an agreement with Gunpoint Exploration Ltd. (TSX VENTURE: GUN) ("Gunpoint"), Chesapeake-s 82% owned subsidiary, whereby Gunpoint will acquire a 100% interest in Chesapeake-s El Escorpion silver project ("Escorpion") located in eastern Guatemala. Chesapeake-s Guatemalan subsidiary, Hunt Exploration S.A.,

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Baja Mining Obtains Standstill Agreement From Lenders, Funds Cash Call 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/20/12 — Baja Mining Corp. ("Baja") (TSX: BAJ)(OTCQX: BAJFF) today announced that the lenders to its 70% owned subsidiary, Minera y Metalurgica del Boleo S.A. de C.V. ("MMB") have agreed to a 45-day standstill in relation to the Boleo Project financing.The lenders agreed to refrain from exercising rights and remedies under the Boleo Project financing agreements until August 1, 2012 with respect to certain defaults and events

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Arctic Star Reports Channel Sampling at the El Havila Property, Colombia 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/20/12 — Arctic Star Exploration Corp. (TSX VENTURE: ADD) (the "Company" or "Arctic Star") is pleased to report assays from its systematic outcrop channel sampling on the El Havila property (the "Property"), located near Frontino, Colombia.Previously Arctic Star had demonstrated the presence of gold and base metal mineralisation on the property by taking 68 grab samples during a due diligence visit to the property

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SGX Resources- Edleston Zone Continues to Expand with High Grades to the East and to Depth 0

WINNIPEG, MANITOBA — (Marketwire) — 06/20/12 — Dale Ginn, Chief Executive Officer of SGX Resources Inc. (TSX VENTURE: SXR), is pleased to announce additional results orginating from the discovery of significant gold mineralization on its Edleston Zone in Sothman Township located 60 km south of Timmins, ON. High grade gold values were encountered at the eastern extension of the deposit by drill hole #12-50, intersecting 5.43 g/tonne over 12 metres within 50 metres of surface. Drill hole #12-

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San Marco to Raise $700,000 in Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/20/12 — San Marco Resources Inc. (TSX VENTURE: SMN) announces that it is arranging a non-brokered private placement of 7,000,000 units at $0.10 per unit for gross proceeds of $700,000.Each unit will consist of one common share and one-half of a non-transferable warrant, each whole warrant exercisable to purchase a further share for 24 months at $0.20. After the four month restricted resale period expires, the expiry of the warrants may be acce

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Candente Gold Advises 70% Interest Earned in on El Oro Gold-Silver Project Mexico 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/20/12 — Candente Gold Corp. (TSX: CDG)(BVL: CDG)(PINKSHEETS: CGDXF) ("Candente Gold" or "the Company") is pleased to announce that the Company has fulfilled all requirements necessary to complete the exercise of its second option to earn an undivided 70% interest in the El Oro Gold Project located in Mexico and Michoacan States of Mexico, from Goldcorp S.A. de C.V. ("Goldcorp Mexico", formerly Luismin S.A. de C.V

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Taipan Resources Inc. Provides Update on Proposed Merger With Lion Petroleum Corp. 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/20/12 — Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE: TPN) is pleased to provide an update to its proposed acquisition of Lion Petroleum Corp., a private British Columbia company ("Lion"), in exchange for 20,124,817 common shares of Taipan (the "Transaction"), as previously announced in the Company-s press releases dated May17, May 31 and June 14, 2012.Taipan is in the process of prepar

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Black Iron Continues to Intersect Thick Iron Bands With Grades Exceeding 30% With Three Additional Infill Holes at Shymanivske 0

– Assay Results from Holes BISH-26, BISH-28, and BISH-29 Continue to Confirm Favourable Iron Content and Band Lengths in the Mineral Resource – All Three Holes Intersected Iron Bands Exceeding 60 Meters in Length With Material Grading in Excess of 30% Iron

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Archean Star Announces Non-Brokered Private Placement; Closes First Tranche for $509,800 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/19/12 — Archean Star Resources Inc. (TSX VENTURE: ASP) ("Archean" or the "Company") announces that it has arranged for a non-brokered Private Placement consisting of up to 12,000,000 Units at $0.06 cents per Unit and, subject to acceptance for filing by the TSX Venture Exchange ("TSX-V"), has closed a first tranche of 8,496,666 Units for gross proceeds of $509,800.Each unit consists of one (1) common share and one

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