VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/29/12 — Colombian Mines Corporation (TSX VENTURE: CMJ)(FRANKFURT: X6C) ("Colombian Mines" or "the Company") today provided an update on its previously announced agreement with Teck Resources Limited ("Teck") for a proposed non-brokered private placement (the "Private Placement") and subsequent entry into an option agreement (the "Option Agreement") for the acquisition by Teck of up to a 70% joi
Including 4.7 Meters of 4.53 g/t Gold and 55 Meters of 1.77 g/t Gold
TORONTO, ONTARIO — (Marketwire) — 05/29/12 — Caledonia Mining Corporation ("Caledonia") (TSX: CAL)(OTCBB: CALVF)(AIM: CMCL) is pleased to announce the appointments of Mr. Leigh Wilson and Mr. John Kelly as non-executive Directors of Caledonia with immediate effect.Mr. Leigh Alan Wilson (67) has an international business and financial services background having served in senior executive and management positions with Union Bank of Switzerland (Securities) Ltd. in London and with th
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/29/12 — Cobriza Metals Corp. (TSX: CZA) ("Cobriza") is pleased to announce that the high resolution helicopter-borne magnetic survey of the Arikepay project, announced on March 1, 2012, is now completed and drilling is expected to commence on the project in early June."We are very excited to begin drilling at Arikepay, as there is near surface porphyry deposit potential evidenced by typical porphyry alteration in sparsely expose
TORONTO, ONTARIO — (Marketwire) — 05/29/12 — Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has entered into a purchase and sale agreement with subsidiaries of AngloGold Ashanti Ltd. (JSE: ANG)(NYSE: AU) ("AngloGold Ashanti"), pursuant to which Kinross will sell its 50% interest in the Crixas gold mine (Serra Grande), located in the State of Goias, Brazil, to AngloGold Ashanti for gross cash proceeds of US$220 million. AngloGold Ashanti is the other 50% owner
TORONTO, ONTARIO — (Marketwire) — 05/29/12 — Fortune Graphite Inc. (FRANKFURT: ZTWN) has voluntarily delisted (Effective May 25, 2012) from the Frankfurt Stock Exchange.The Frankfurt Stock Exchange now requires all listed companies to be revenue generating. However, Fortune Graphite is an exploration stage company that does not currently generate any revenues. The company-s Board of Directors decided it is in the best interest of the company and its shareholders to voluntarily delist from t
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/28/12 — CADAN RESOURCES CORPORATION (TSX VENTURE: CXD)(FRANKFURT: AOMZ25) ("Cadan") advises that Mining Group Limited (ASX: MNE) ("Mining Group") has provided a drilling update and initial drilling results from the new Bayag Bayag target site on the Comval copper-gold project in the Philippines, which is reproduced below.The Comval project is operated by Philco Mining Company ("PMC"), which holds the exploration p
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/28/12 — Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) reports that the option agreement whereby Choice Gold ("Choice") (CSNX: CHF) could earn an interest in the Sugarloaf Peak Project ("Sugarloaf" or the "Project") is being terminated and Riverside will retain 100% interest in the project. Riverside is pleased with the exploration
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/28/12 — Choice Gold Corp. ("Choice Gold" or the "Company") (CNSX: CHF) reports that it is terminating its option agreement with partner Riverside Resources Inc. ("Riverside") wherein Choice Gold could earn an interest in the Sugarloaf Peak Project ("Sugarloaf" or the "Project"); Choice Gold has elected to pursue other business opportunities. Riverside will retain 100% interest in Sugarloaf and
