TORONTO, CANADA — (Marketwire) — 05/16/12 — Inmet Mining Corporation (Inmet) (TSX: IMN) has joined the International Council on Mining and Metals (ICMM), a leading international organization focused on improving sustainable development performance in the mining and metals industry. Membership was approved following a comprehensive review of our Corporate Responsibility commitments, systems and performance.Jochen Tilk, President and CEO of Inmet, commented, "We are committed to growing
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/16/12 — El Tigre Silver Corp. (the "Company" or "El Tigre") (TSX VENTURE: ELS)(OTCQX: EGRTF)(FRANKFURT: 5RT) is pleased to provide a progress report along with the first assays from the ongoing Gold Hill core drilling program at its 100% owned El Tigre silver project in Sonora, Mexico.The core drilling program commenced on March 20, 2012 with 8 holes now completed for 1702 meters. The Company is experiencing good core recov
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/16/12 — VMS Ventures Inc. (TSX VENTURE: VMS) ("VMS") is pleased to announce the Prefeasibility Study of the Reed Lake polymetallic deposit near Snow Lake, Manitoba with Joint Venture partner Hudbay Minerals Inc. (TSX: HBM)(NYSE: HBM) is available for viewing on .The pre-feasibility study prepared by Hudbay and Stantec in respect of the Reed deposit demonstrates that the indicated resources can be converted to reserves and economicall
TORONTO, ONTARIO — (Marketwire) — 05/16/12 — Editors Note: There are two photos associated with this press release.Tolima Gold Inc. ("Tolima") (TSX VENTURE: TOM) is pleased to announce the commencement of an initial 5,000 meter drill program at its ANCAL Project in the Antioquia department of Colombia.From a previous sampling of stream sediments, rocks, soils, and from geological – hydrothermal alteration mapping carried out in some areas of the ANCAL project, a geological potentia
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/16/12 — Cadan Resources Corporation (TSX VENTURE: CXD)(FRANKFURT: AOMZ25) announces that the British Columbia Securities Commission ("BCSC") has selected the Company for a technical disclosure review for the purpose of assessing the Company-s compliance with the technical disclosure requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). As a result of the review by the BCSC,
EAST RUTHERFORD, NJ — (Marketwire) — 05/16/12 — The Alpine Group, Inc. ("Alpine") (PINKSHEETS: APNI) today posted its quarterly financial statements for the three months ended March 31, 2012 to its Website ().For the three months ended March 31, 2012 revenues of $41.2 million represented a decrease of $8.9 million from $50.1 million in the comparative 2011 quarter, due primarily to the termination of the tolling agreement between Exeon Inc. and Wolverine Tube, Inc. effective Novem
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/16/12 — Arco Resources Corp. (TSX VENTURE: ARR) ("Arco" or the "Company") is pleased to announce that Micon International Ltd. ("Micon") has completed an independent technical report under National Instrument 43-101 that includes a mineral resource estimate on the Company-s 100%-owned Taviche property located near Oaxaca City, Mexico. The Inferred Mineral Resource estimate is 160,000 tonnes grading 197.8 g/t Silve
Results should start coming in by mid-June
ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 05/16/12 — Altius Minerals Corporation ("Altius") (TSX: ALS) has entered into an automatic share purchase plan agreement (the "Plan") with a broker in connection with its normal course issuer bid ("NCIB") previously announced on March 29, 2012 to facilitate purchases of Altius- common shares ("Shares") under the NCIB. Altius has also filed with the Toronto Stock Exchange ("TSX") an amend
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/16/12 — San Marco Resources Inc. (TSX VENTURE: SMN) has completed its non-brokered private placement announced March 30, 2012 by selling 2,754,001 units at $0.15 per unit for gross proceeds of $413,100.Each unit consisted of one common share and one-half of a non-transferable warrant, each whole warrant exercisable to purchase a further share for 18 months at $0.30. After the four month restricted resale period expires, the expiry of the warra