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Mining & Metals

Aurizon Reports Annual General Meeting Results 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/10/12 — Aurizon Mines Ltd. (TSX: ARZ)(NYSE Amex: AZK) is pleased to report that all of the resolutions that shareholders were asked to consider at the Annual General Meeting held in Vancouver, B.C. on May 10, 2012, were approved, including the adoption of new Articles of the Company, the effect of which was to alter the Company-s existing Articles by: (i) eliminating staggered terms of office for directors; and (ii) accommodating changes resul

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Zincore Closes Strategic Investment With First Quantum Minerals 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/10/12 — Zincore Metals Inc. (TSX: ZNC)(LMA: ZNC) ("Zincore" or the "Company") is pleased to report that it has closed a strategic investment by way of private placement ("the Offering") with FQM (Peru) Ltd. a wholly-owned subsidiary of First Quantum Minerals Ltd. ("First Quantum") (TSX: FM)(LSE: FQM).Under the terms of a binding Memorandum of Understanding ("MOU") announced May 8, 2012, First Q

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Prophecy Coal Clarifies Power Plant Disclosure and Commissions Chandgana Coal Preliminary Economic Assessment 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/10/12 — Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) As a result of a review by the British Columbia Securities Commission ("BCSC"), the Company is issuing this news release to clarify certain previous disclosures. On January 17, 2012, the Company issued a news release describing a feasibility study (the "Report") for a proposed mine-mouth power plant to be l

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Electrum Strategic Resources Acquires Securities of NovaCopper Pursuant to Terms of Plan of Arrangement 0

NEW YORK, NEW YORK — (Marketwire) — 05/10/12 — Electrum Strategic Resources LLC ("Electrum") announces that it acquired ownership of 8,872,033 common shares ("Shares") of NovaCopper Inc. ("NovaCopper") and warrants (the "Warrants") exercisable for an additional 5,222,879 Shares, pursuant to a plan of arrangement completed by NovaGold Resources Inc. to spinoff NovaCopper into a separate company on April 30, 2012.Electrum owns 8,872,033 Shares represent

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Starcore Secures $11 Million Loan to Buy Out the Hedge 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/10/12 — Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") is pleased to announce that it has entered into an agreement dated May 10, 2012 with Sprott Resource Lending Corp. ("Sprott Lending") pursuant to which Sprott Lending will provide the Company with an $11 million credit facility (the "Facility"), to be applied to settle Starcore-s forward sales contracts with Investec Bank

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David J. Birkenshaw: Acquisition of Common Shares of Concordia Resource Corp. 0

TORONTO, ONTARIO — (Marketwire) — 05/10/12 — David J. Birkenshaw ("Birkenshaw") announced that he acquired ownership and control of 6,374,000 common shares ("Common Shares") of Concordia Resource Corp. ("Concordia") on May 9, 2012 which represents approximately 7.44% of the then issued and outstanding Common Shares of Concordia (the "Transaction"). Immediately following the completion of the Transaction, Birkenshaw alone owned and controlled 10,598,50

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Cameco Investor Webcast Advisory 0

SASKATOON, SASKATCHEWAN — (Marketwire) — 05/10/12 — Cameco (TSX: CCO) (NYSE: CCJ) announced today that Ken Seitz, senior vice-president marketing and business development, will be speaking at the Bank of America/Merrill Lynch Global Metals, Mining and Steel Conference.The presentation is scheduled for Thursday, May 17, 2012 at 12:00 p.m. Eastern and will be available by webcast on cameco.com. See the link on the home page on the day of the event. A copy of the presentation and audio file wil

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Osisko Reports Fire Damage at Canadian Malartic Mill Limited to Cyclone Number Four Area 0

MONTREAL, QUEBEC — (Marketwire) — 05/10/12 — Osisko Mining Corporation (the "Company" or "Osisko") (TSX: OSK)(FRANKFURT: EWX) follows up on the earlier report of a fire at the Canadian Malartic Mill, and provides the following information update. A full assessment is in progress, and further details will be disseminated as they become available.Preliminary indications are that the fire at Canadian Malartic was started by welding in proximity to the number four cyclone ar

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Stakeholder Launches Website and Social Media Program 0

VAL-D-OR, QUEBEC — (Marketwire) — 05/10/12 — Stakeholder Gold Corp. ("Stakeholder") (TSX VENTURE: SRC) is pleased to announce the launch of its new and updated website . The Company is also pleased to announce that it has retained the services of RBL Communications ("RBL") to manage a complete social media program. The program is designed to provide Stakeholder with a greater online presence, as well as improved investor communication and corporate branding. The program

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Caribou Financing for Summer Exploration Program at the Vault Au-PGE Property, Yukon 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/10/12 — CARIBOU KING RESOURCES LTD. ("Caribou" or the "Company")(TSX VENTURE: CKR)(FRANKFURT: CB8) has arranged a non-brokered private placement of 8,000,000 flow-through units ("Units") at a price of $0.10 per Unit for aggregate gross proceeds of $800,000 (the "Offering"). Each Unit will be comprised of one flow-through common share ("Share") and one non-flow-through share purchase warrant of

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