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Mining & Metals

Merrex Provides Exploration Update on 100% Owned Kakadian Permit, West Mali 0

HALIFAX, NOVA SCOTIA — (Marketwire) — 06/12/12 — Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. ("Merrex") (TSX VENTURE: MXI) is pleased to provide the following exploration update on the Kakadian Gold Project in West Mali.CommentaryMerrex initiated a Phase I exploration program on its 100% owned Kakadian permit in 2011 (See news release dated April 6, 2011.) The Phase I program included 35 exploration pits to follow up on gold anomalies identified in 2006 as well a

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Suparna Gold Applies for Amendments to Terms of Warrants 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/12/12 — Suparna Gold Corp. (the "Company") (TSX VENTURE: SUG) announces that it has made application to the TSX Venture Exchange (the "Exchange") to re-price and to extend the term of 16,666,667 common share purchase warrants (the "Warrants") that were issued under the Company-s private placement of units completed on June 30, 2011. The Warrants that are the subject of the application have an exercise price of $0.

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Quebec-s Cote-Nord Sees Massive Economic Development From Increased Iron Ore Demand, an Industrial Info News Alert 0

SUGAR LAND, TX — (Marketwire) — 06/12/12 — Researched by Industrial Info Resources (Sugar Land, Texas) — The increasing global demand for steel is driving billions of dollars in investment in iron ore mines and port facilities in Canada. In particular, northern Quebec and Labrador are home to a great deal of iron ore mine construction and expansion projects.The actual extraction of the iron ore is only one part of a larger equation, however — the other large variable being transportation

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Gold Standard Announces Public Offering of Common Shares 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/12/12 — Gold Standard Ventures Corp. (TSX VENTURE: GSV)(NYSE MKT: GSV)(NYSE Amex: GSV) ("Gold Standard" or the "Company") is pleased to announce that it has filed a preliminary short form base PREP prospectus with the securities regulators in British Columbia, Alberta and Ontario and a related registration statement with the U.S. Securities and Exchange Commission (the "SEC"), pursuant to which the Company propose

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CaNickel Annual General Meeting Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/11/12 — CaNickel Mining Ltd. ("CaNickel" or the "Company") (TSX: CML) held its Annual and Special General Meeting (the "Annual Meeting") today in which all matters placed before the shareholders were approved. The voting report of the Annual Meeting is available for review on SEDAR.The Company also reports that Mr. Rick Sproule has resigned from the Vice President, Geology of the Company. The Company thanks his ti

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Lucara Completes First Sale of Karowe Diamonds 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/11/12 — Lucara Diamond Corp. ("Lucara" or the "Company") (TSX: LUC)(BOTSWANA: LUC)(NASDAQ OMX First North: LUC) is pleased to announce the sale today of 26,196 carats of Karowe diamonds through its new online auction system.A total of 35 individual lots containing 29,339 carats of diamond were put up for sale through the on-line auction. Of the 35 lots, 30 were sold for a total revenue of $5.64 million at an average diamond

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Savant Explorations Ltd. AGM: Michael Casselman Elected to the Board 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/11/12 — Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") recently held its 2012 Annual General Meeting ("AGM") in Vancouver. Resolutions passed at the meeting included the re-appointment of DeVissor Gray as auditors, approval of Savant-s incentive stock option plan, and the re-election of John McClintock, David Douglas, Bob McKnight, and Reg Advocaat as Directors.Also newly elected to the Board was Michael Casselman.

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Leading Independent Proxy Advisory Firm ISS Endorses Avion-s Business Strategy and Enhanced Corporate Governance 0

TORONTO, ONTARIO — (Marketwire) — 06/11/12 — Avion Gold Corporation (TSX: AVR)(OTCQX: AVGCF) ("Avion" or the "Company") has won support from Institutional Shareholder Services ("ISS"), a leading proxy advisory firm, for its business strategy and moves to enhance its corporate governance.ISS noted in a report, published ahead of Avion-s rescheduled annual meeting on June 26, 2012, that Avion-s total shareholder return has consistently outperformed its peer group

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St. Augustine Gold and Copper Signs MOA with TESDA 0

SPOKANE, WASHINGTON — (Marketwire) — 06/11/12 — St. Augustine Gold & Copper Limited (TSX: SAU) ("St. Augustine" or the "Company") announced that on June 1, 2012, St. Augustine Services Inc. ("SASI"), a subsidiary of St. Augustine, signed a Memorandum of Agreement ("MOA") with the Technical Education and Skills Development Authority ("TESDA") of the Philippines, the first MOA for a mining company. TESDA will both facilitate and participat

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KWG Resources Inc.: Ferrochrome Smelting Test of Big Daddy to Be Revisited 0

MONTREAL, QUEBEC — (Marketwire) — 06/11/12 — KWG Resources Inc. (TSX VENTURE: KWG) and Cliffs Natural Resources have now had an opportunity to consider the results of the smelting test conducted with part of the bulk sample recovered during last winter-s drilling program at the Big Daddy deposit. The test confirmed that the sample can produce a marketable charge chrome grade of ferrochrome product with relatively low energy consumption. However, the test experienced less than ideal conditio

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