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Mining & Metals

Hana Shares Commence Trading on the Botswana Stock Exchange 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/23/12 — Hana Mining Ltd. ("Hana" or the "Company") (TSX VENTURE: HMG)(FRANKFURT: 4LH)(BOTSWANA: HANA) is pleased to announce that it has received official approval for a secondary listing of its common shares on the Foreign Venture Capital Board of the Botswana Stock Exchange ("BSE"). The Company-s common shares commenced trading this morning on the BSE under the code HANA. The Company-s shares will continue to tr

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Vulcan Minerals Inc. Closes Labrador Transaction 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 05/23/12 — Vulcan Minerals Inc. ("the Company") (TSX VENTURE: VUL) is pleased to announce that its previously announced transaction to sell 30% working interest in Exploration Licence EL 1107, offshore Labrador, to Investcan Energy Corporation has closed. The Company has received a cash payment of $1.75 million and the right to receive success payments of $500,000 on the spudding of a well on the licence or the sale by Investc

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Orezone Completes the Sale of Sega to Cluff Gold for $26.5M 0

OTTAWA, ONTARIO — (Marketwire) — 05/23/12 — Orezone Gold Corporation (TSX: ORE) ("Orezone" or the "Company") is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M. The consideration is comprised of US$15M in cash and 11M new common shares of Cluff, representing 6.5% of Cluff-s issued and outstanding common shares. The Cluff shares are su

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Kirkland Lake Gold Update 0

KIRKLAND LAKE, ONTARIO — (Marketwire) — 05/23/12 — Kirkland Lake Gold Inc., (-Kirkland Lake- or the -Company-) (TSX: KGI)(AIM: KGI), an operating and exploration gold mining company located in Ontario, Canada, reports an update on an expected restart date for full production at the Kirkland Lake Mine Complex following damage to a power line feeding the mill and the three shaft complex caused by seasonal forest fires in the area. The fire caused no injuries to Company personnel or damage to

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First Bauxite Corporation Announces Non-Brokered Private Placement 0

TORONTO, ONTARIO — (Marketwire) — 05/23/12 — First Bauxite Corporation ("First Bauxite" or the "Company") (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce that the Company is proceeding with a non-brokered private placement (the "Private Placement") to Resource Capital Fund V LP and certain entities comprising the Pacific Road Resources Funds for up to 22,641,510 units (the "Units") at a price of $0.53 per Unit to raise total pro

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Quaterra Announces Conference Call to Discuss Preliminary Economic Assessment on MacArthur Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/23/12 — Quaterra Resources Inc. (TSX VENTURE: QTA)(NYSE MKT: QMM)(NYSE Amex: QMM) will host a conference call on Thursday, May 24, 2012, at 1:30 pm Pacific Time (4:30 pm Eastern Time) to discuss yesterday-s release of the preliminary economic assessment of the Company-s MacArthur copper project in the Yerington District, Nevada.The Company will also answer questions at the end of the formal portion of the call. For toll free dial-in from Canad

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Harte Gold Exercises Option to Own 100% of Sugar Zone Property 0

TORONTO, ONTARIO — (Marketwire) — 05/23/12 — HARTE GOLD CORP. ("Harte") (TSX: HRT)(FRANKFURT: H4O) is pleased to announce that it has exercised its Option to acquire Corona Gold Corporation-s ("Corona") 51% joint venture interest in the Sugar Zone Property (the "Property"). As such the joint venture is terminated and the Property is 100% owned by Harte Gold Corporation.Stephen G. Roman, President and CEO of Harte commented "We are extremely pleased to have

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Riverside Resources and Partner Sierra Madre Discover New Gold Zone at the Penoles Project in Durango, Mexico 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/23/12 — Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) and its partner, Sierra Madre Developments ("Sierra Madre") (TSX VENTURE: SMG), are pleased to announce that a new gold anomaly ("Pinchanzo zone" or "Pinchanzo") has been discovered less than 2 km south of the El Capitan gold zone currently being drilled (2,500 meter diamond cor

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Citation Updates Exploration Progress for the Biricu Project in the Guererro Gold Belt and Announces Plans for Targetted Geophysical Airborne VTEM Survey 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/23/12 — Citation Resources Inc. (TSX VENTURE: CTT) (the "Company") is pleased to provide an update on its initial reconnaissance exploration program including stream sampling, rock chip sampling and geologic mapping of portions of its approximately 41,000 hectare Biricu Project situated in the Guerrero Gold Belt, Mexico.Field work has identified two favorable geologic zones, located less than 20 kilometers to the southeast of Goldcor

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Orvana Announces Operations Update at El Valle-Boinas/Carles Gold/Copper Mine, Northern Spain 0

TORONTO, ONTARIO — (Marketwire) — 05/23/12 — Orvana Minerals Corp. (TSX: ORV) (the "Company") is pleased to provide, through its wholly-owned subsidiary Kinbauri Espana S.L.U. ("Kinbauri"), an update of operations for its El Valle-Boinas/Carles ("EVBC") gold-copper mine in northern Spain.April production was over 3,700 ounces of gold, 400,000 pounds of copper, and 11,000 ounces of silver (see table below). Estimated direct cash operating costs, including royalt

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