TORONTO, ONTARIO — (Marketwire) — 05/15/12 — High River Gold Mines Ltd. (TSX: HRG) ("High River" or the "Company") is pleased to announce the appointment of Yury Lopukhin as Chief Executive Officer and Georgy Smirnov as Chief Financial Officer.Yury Lopukhin previously held the position of Chief Financial Officer at High River. Prior to that, he held the positions of Chief Financial Officer at Buryatzoloto OJSC and Senior Manager of Strategy at Severstal Resources CJSC. M
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") announces that it has closed out the hedge contracts between its wholly-owned Mexican subsidiary, Compania Minera Pena de Bernal, S.A. de C.V. ("Bernal"), and Investec Bank plc ("Investec"). Funds advanced to Starcore through the $11 million credit facility arranged with Sprott Resource Lending Corp. were used to settle St
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Sniper Resources Ltd. (TSX VENTURE: SIP)(FRANKFURT: A1H38M)Preliminary assay results have been received from Sniper-s Phase 2 drill program at the Weepah gold property located in the Walker Lane mineral belt in Esmeralda County, Nevada. Twelve holes (WP-24 through WP-35) were drilled during April with totals of 2980 feet (908 metres) drilled in the recent program. Phase 1, drilled earlier this year, comprised 8 holes (WP-16 through WP-
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Amarillo Gold Corp. (TSX VENTURE: AGC) ("Amarillo" or the "Company") is pleased to release the initial metallurgical testwork results on samples of mineralized sulphide drill core from the Butia deposit which is part of the Lavras do Sul project, in southern Brazil. The initial resource estimate at the Butia prospect reported 215,000 ounces of gold indicated from 6.4 MT at 1.05 g/t Au, and 308,000 ounces of gold inf
Project Builds Upon Bechtel-s Mining Experience in the Middle East
VAL-D-OR, QUEBEC — (Marketwire) — 05/15/12 — Cartier Resources Inc. (TSX VENTURE: ECR) ("Cartier") has received results from an IP survey covering 6.5 km2 of the La Pause property. The project is strategically located over a fault zone situated within 2 km of the Mouska Mine and proximal to two mining centers. The IP survey detected several metallic conductors within four areas () deemed to host good discovery potential on the property. Ten drill holes are proposed within the fault
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — ATAC Resources Ltd. (TSX VENTURE: ATC) ("ATAC") is pleased to announce that it has begun phase one of a two phase exploration and drilling program at its 100% owned, 1,600 sq/km Rackla Gold Project, which hosts Canada-s only Carlin-Type gold discoveries.Diamond drilling has commenced with one drill on the Isis East Zone, ramping up to three drills there within the month. Drilling at Isis East will continue testing a 450 metre
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — KGHM International Ltd., formerly Quadra FNX Mining Ltd. (the "Company" or "KGHM International"), today announced that it will hold a conference call to discuss its financial results for the first quarter of 2012 on Thursday, May 17, 2012 at 9 a.m. PT, 12:00 noon ET, 6:00 p.m. CEST. The financial statements and the MD&A will be available at as of May 15, 2012.The North American toll free number for this confere
Initial Indicated Resource Containing Xenotime/Monazite Ree Mineralization
TORONTO, ONTARIO — (Marketwire) — 05/15/12 — Platinex Inc. (TSX VENTURE: PTX), announced today that an internal valuation of the Herrick deposit on Platinex-s Shining Tree gold property has identified potential gold content ranging from 111,000 oz to 172,000 oz Au within the defined vein structures to a depth of 300m. The estimate is based on a minimum of 1,628,000 tonnes grading 2.11 g/tonne Au to a maximum of 2,554,000 tonnes grading 2.10 g/tonne Au. The estimate is derived from 3 narrow
