VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/28/12 — Selwyn Resources Ltd. (TSX VENTURE: SWN) ("Selwyn" or the "Company") provides investors an update regarding on going evaluation of the development plan and project feasibility in progress for the Selwyn Project. The Selwyn Project is being advanced by Selwyn Chihong Mining Ltd. ("SCML"), the joint venture company formed by Selwyn and Chihong Canada Mining Ltd. ("Chihong") in August 2010 to advanc
TORONTO, ONTARIO — (Marketwire) — 05/28/12 — Montero Mining and Exploration Ltd. (TSX VENTURE: MON) ("Montero") would like to report that Jacob Securities Inc. has initiated analyst coverage on Montero Mining & Exploration Ltd.The full research report can be obtained directly from Luisa Moreno at Jacob Securities Inc.Investor Relations Agreement AnnouncementMontero also announces that the agreement with Renmark Financial Communications Inc. has been terminated on April 30, 201
LONDON, UNITED KINGDOM — (Marketwire) — 05/28/12 — Hunter Bay Minerals plc ("Hunter Bay") (TSX VENTURE: HBY)(OTCQX: HTBNF) is pleased to announce that it has completed a detailed re-interpretation of the airborne geophysical data at the Sela Creek Project, Suriname. A 4986 line kilometre aeromagnetic, radiometric and XDS VLF-EM licence-wide survey was completed by Terraquest Ltd in June 2011. The data has been reprocessed by Fugro Airborne Services which has allowed for a more det
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/28/12 — Eurasian Minerals Inc. (TSX VENTURE: EMX)(NYSE MKT: EMXX)(NYSE Amex: EMXX) (the "Company" or "EMX") is pleased to announce promotions within, and additions to, the Company-s management. These changes reflect EMX-s successful execution of the prospect generation business model, and the resulting growth in the Company-s exploration and royalty property portfolios. The staff additions consist of corporate leadership po
TORONTO, ONTARIO — (Marketwire) — 05/28/12 — Belo Sun Mining Corp. (TSX: BSX) (the "Company" or "Belo Sun") is pleased to announce that it has acquired the material surface rights at its 100% owned Volta Grande gold project in Para State, Brazil.The Company acquired surface rights for an area covering 1,734 hectares, which was comprised of three distinct properties – Fazenda Galo de Ouro covering 824.8 hectares, Fazenda Ouro Verde covering 503.6 hectares and Fazenda Ress
TORONTO, ONTARIO — (Marketwire) — 05/25/12 — Newport Gold Inc. (OTCQB: NWPG) (the "Company", "Newport") has confirmed the presence of high-grade gold mineralization at the Molly Gibson Mine at Newport-s 100% owned Burnt Basin Property (the "Property"). The Burnt Basin Property covers 1,682 hectares and is located approximately 30 kilometres west of Trail, in the Greenwood Mining District of British Columbia.During the fall of 2011, Newport conducted geologic re
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/25/12 — Oceanic Iron Ore Corp. (TSX VENTURE: FEO)(OTCQX: FEOVF) ("Oceanic", or the "Company") has granted an aggregate of 1,000,000 incentive stock options at $0.27 per share for ten years to an officer of the Company, subject to regulatory approval.OCEANIC IRON ORE CORP. ()On behalf of the Board of DirectorsSteven Dean, Chairman and Chief Executive OfficerNeither the TSX Venture Exchange nor its Regulation Services Provide
TORONTO, ONTARIO — (Marketwire) — 05/25/12 — Asian Mineral Resources Limited ("AMR" or the "Corporation") (TSX VENTURE: ASN) announced today that shareholders entitled to vote have approved by the required majority the creation of a new "control person", which is a pre-condition of the Corporation-s ability to complete the private placement to Pala Investments Holdings Limited ("Pala") previously announced on March 1, 2012 and April 4, 2012.Following
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/25/12 — Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") has provided a termination notice to the owners of the McWatters Project. Although exploration results from the last round of drilling were considered encouraging, they were not sufficient to justify the costs required to continue with the project given the current financial market conditions for junior resource companies.Management continues in its search for new explora
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/25/12 — Ascot Resources Ltd. (TSX VENTURE: AOT) is pleased to announced that its wholly owned subsidiary, Ascot USA Inc., has entered into agreements whereby it can earn up to a 70% interest, subject to certain royalties, in an initial five square miles in King and Pierce Counties, Washington.Ascot intends to commence at 12,000 foot exploration drill program on the property within the next month.On Behalf of the Board of DirectorsASCOT RESOURC
