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Mining & Metals

Victory Nickel Creates Victory Silica Ltd., Appoints Ken Murdock as CEO, Industry Veteran to Lead Victory Silica-s Entry Into Frac Sand Business in 2012 0

TORONTO, ONTARIO — (Marketwire) — 06/19/12 — Victory Nickel Inc. ("Victory Nickel" or the "Company") (TSX: NI) () today announced its entry into frac sand distribution and sales with the appointment of Ken Murdock, an industry veteran with more than 25 years of experience in the frac sand and industrial mineral industries, as Chief Executive Officer of Victory Silica Ltd. ("VSL"), a wholly owned subsidiary.The Company, through VSL headed up by Mr. Murdock, will

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SEMAFO Discovers New Mineralized Horizon at Samira Hill in Niger 0

Including Values Up to 1.48 g/t Au Over 43 Meters, 1.41 g/t Au Over 32 Meters and 1.89 g/t Au Over 22 Meters

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Aurizon Mines Options Tres-Or-s Fontana Gold Project, Quebec 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/19/12 — Tres-Or Resources Ltd. ("Tres-Or") (TSX VENTURE: TRS) is pleased to announce the signing of an Amended and Restated Option Agreement (the "Amended Agreement") with Aurizon Mines Ltd. (TSX: ARZ)(NYSE Amex: AZK) ("Aurizon") which incorporates an option over the Fontana Gold Project, located in the Abitibi Greenstone Belt approximately 16 kilometres northeast of Amos, in Duverny Township, Quebec into the exis

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Pelangio Issues Second Option Payment on the Akroma Property 0

TORONTO, ONTARIO — (Marketwire) — 06/19/12 — Pelangio Exploration Inc. (TSX VENTURE: PX)(OTCBB: PGXPF) ("Pelangio" or the "Company") is pleased to announce that it has made the second option payment, totaling 40,000 common shares of the Company to the optionor of its 160 km2 Akroma Property in the Brong-Ahafo region of Ghana.Since optioning the Akroma Property in June 2011, Pelangio has completed geochemical sampling on three areas of the property, with a total of 3,712

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NEVADO Reports the Results of its Annual Shareholders- Meeting 0

MONTREAL, QUEBEC — (Marketwire) — 06/19/12 — NEVADO RESOURCES CORPORATION (TSX VENTURE: VDO)(FRANKFURT: NSV) ("NEVADO" or the "Company") is pleased to report on the results of its annual and special meeting of shareholders held on June 18, 2012, in Montreal, Quebec.At the meeting, the shareholders of the Company voted in favour of all the resolutions set out in the management proxy circular, including re-election of the Company-s Board of directors, consisting of Michael

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Red Eagle Mining Announces Positive Preliminary Metallurgical Results of 85% to 94% Gold Recoveries for Santa Rosa 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/19/12 — Red Eagle Mining Corporation (TSX VENTURE: RD)(OTCQX: RDEMF) is pleased to announce that it has received positive results for its initial metallurgical testwork on material from the San Ramon gold system in the Santa Rosa gold project in Colombia. The tests were conducted at the Acme Metallurgical Laboratory in Vancouver, Canada.The oxide sample with a grade of 7.4 g/t Au produced leach results over six days of between 70% and 86.3% go

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Andes Gold Corporation Increases Capacity to Zaruma Mill 0

BOCA RATON, FL — (Marketwire) — 06/19/12 — Andes Gold Corporation (PINKSHEETS: AGCZ) a gold mining company with existing operations in Ecuador is pleased to announce that it has added a water flotation plant to the Zaruma mill. The water flotation plant will increase the capacity of the Zaruma mill by 20 tons per day to 170 tons per day. The Company projects that at capacity the mill will have an average head grade of 1.0 oz of gold per ton while processing 170 tons of ore per day.With the

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Mundoro Capital Inc. Announces the Adoption of a Shareholder Rights Plan 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/18/12 — Mundoro Capital Inc. (TSX VENTURE: MUN) ("Mundoro" or the "Company") is pleased to announce that the board of directors of the Company has adopted a shareholder rights plan, effective June 18, 2012. The objective of the rights plan is to ensure, to the extent possible, that all shareholders of the Company are treated equally and fairly in connection with any initiative to acquire control of the Company.The rights pl

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Torex Announces Filing of NI 43-101 Technical Report for Its Morelos Gold Project 0

TORONTO, ONTARIO — (Marketwire) — 06/18/12 — Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG) is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101 ("NI 43-101") in support of the Company-s May 4, 2012 news release, which included an updated mineral resource estimate at its Morelos Gold Project in Mexico.The independent technical report, entitled "Guajes and El Limon Open Pit Depos

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NuLegacy Gold Announces Private Placement 0

RENO, NEVADA — (Marketwire) — 06/18/12 — NuLegacy Gold Corporation (TSX VENTURE: NUG) announces a non-brokered private placement of up to 3.5 million units ("Units") at a price of $0.20 per Unit to raise up to $700,000.Each Unit consists of one common share and one share purchase warrant, each warrant entitling the holder thereof to purchase one additional common share of the Company for a period of 24 months at a price of $0.30 during the first 12 months and $0.45 during the last

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