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Mining & Metals

Auriga Gold Appoints Gorden Glenn to the Board of Directors; Updates on Maverick Project Mine Site Progress 0

TORONTO, ONTARIO — (Marketwire) — 05/08/12 — Auriga Gold Corp. (TSX VENTURE: AIA) ("Auriga Gold" or the "Company") is pleased to announce that Gorden Glenn, B.Sc., has been appointed to the Board of Directors. Mr. Glenn brings over 20 years of financial markets experience including mining finance, M&A, major project valuation, and geological expertise to the Board of Directors.Richard Sutcliffe, CEO, commented, "We are pleased to welcome Gorden Glenn to the boar

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Cascadero Copper Corporation: Gold Fields to Drill Test Marble Mountain Gold Prospect in Ontario 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/08/12 — Cascadero Copper Corporation (TSX VENTURE: CCD) -This week Gold Fields Ltd. is planning to commence a core drilling programme on Cascadero Copper-s Marble Mountain gold prospect. The property is located about 55 kms north of Sudbury, Ontario in Parkin Township. Gold Fields will test the Pyrite Hill and Calcite targets with up to 1,500 metres of core drilling. Gold Fields is the operator of the Marble Mountain project.Cascadero holds an

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REBgold Receives Lead Order for Private Placement and Proposes Share Consolidation 0

TORONTO, CANADA — (Marketwire) — 05/08/12 — REBgold Corporation (TSX VENTURE: RBG) (the "Company") announces that the Company proposes to consolidate its share capital on the basis of one (1) post-consolidation common share for each ten (10) common shares currently outstanding. The Company currently has 182,258,486 issued and outstanding common shares and would have approximately 18,225,848 common shares issued and outstanding following consolidation.The management of the Company

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U3O8 Corp. Commences Trading on the OTCQX International in the U.S. 0

TORONTO, ONTARIO — (Marketwire) — 05/08/12 — U3O8 Corp. (TSX VENTURE: UWE)(OTCQX: UWEFF), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, announced that its common shares commenced trading today on the OTCQX International, the highest tier of the OTC market in the U.S., under the symbol "UWEFF". U3O8 Corp-s common shares will continue to trade on the TSX Venture Exchange under the symbol "UWE"

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Aquila Identifies Significant New Gold Mineralization at Reef Gold Project 0

TORONTO, ONTARIO — (Marketwire) — 05/08/12 — Aquila Resources Inc. (TSX: AQA)(OTCQX: AQARF)(FRANKFURT: JM4A) ("Aquila" or the "Company") announces initial results from the winter drill program at its 100 percent owned Reef Gold project ("Reef") in Marathon County, Wisconsin. The Reef project resides in the world-class Penokean Volcanic belt, which includes Aquila-s and .Highlighted drill intercepts from the 2012 drill program at Reef include:"We are quite p

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Magellan Files NI 43-101 Compliant Technical Report Concerning Updated Resource Estimate for Coringa Project, Brazil 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/07/12 — Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") announces that further to its news release dated March 22, 2012, it has filed today with the British Columbia, Alberta, Ontario and Nova Scotia Securities Commissions, a NI 43-101 Technical Report dated May 7, 2012 (the "Report") in connection with an updated resource estimate for the Coringa project, Brazil. The Report was prepared by Kevin J. Gun

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New Guinea Gold Corporation: Plan of Arrangement With PNG Gold Corporation 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/07/12 — New Guinea Gold Corporation ("NGG" or the "Company") (TSX VENTURE: NGG)(FRANKFURT: NG8) has adjourned generally its application for Final Order approving the Plan of Arrangement with PNG Gold Corporation ("PNG Gold"). Despite numerous requests to both PNG Gold and its counsel for clarification of PNG Gold-s intention in respect of the consummation of the Plan of Arrangement, no response has been provided.

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Nevada Exploration Provides Fletcher Junction Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/07/12 — Nevada Exploration Inc. ("NGE") (TSX VENTURE: NGE) and Baymount Incorporated ("BYM") have terminated the proposed transaction on NGE-s Fletcher Junction Gold Project, located in the Walker Lane in western Nevada, as contemplated by a Letter of Intent announced on December 16, 2011.The proposed transaction would have constituted a "Change of Business" for BYM as defined under the rules and policies of the T

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Vendome Provides Update for the San Javier Mine Property (Mexico) 0

TORONTO, ONTARIO — (Marketwire) — 05/07/12 — Vendome Resources Corp. (TSX VENTURE: VDR)(FRANKFURT: 9VR) ("Vendome" or the "Company") is pleased to provide an update for the San Javier Mine property (the "property") located within the municipality of Malinaltepec, State of Guerrero, Mexico.An exploration program targeting the property-s mineralized systems is now well underway. In excess of 600 chip and channel samples have been collected from existing and newly

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Typhoon Exploration Inc. Announces the Appointment of a New Director 0

LAVAL, QUEBEC — (Marketwire) — 05/07/12 — Typhoon Exploration Inc. (TSX VENTURE: TYP) is pleased to announce the appointment of Mr. Michel Basque as a new member of the Company-s Board of Directors.Over the past 34 years, Mr. Basque has held various positions related to public safety at both the federal and provincial levels of government in the province of Quebec (as well as in its Far North region) and in Europe.Mr. David Mc Donald, President and CEO of Typhoon Exploration Inc., states: &

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