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Mining & Metals

Teck Announces Closing of SilverBirch Transaction 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/04/12 — Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today the closing of the previously announced arrangement under which a wholly owned subsidiary of Teck has acquired all of the outstanding shares of SilverBirch Energy Corporation.About TeckTeck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc

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Asian Mineral Resources Limited Announces Amendment to Agreement With Pala Investments Holdings Limited 0

TORONTO, ONTARIO — (Marketwire) — 04/04/12 — Asian Mineral Resources Limited ("AMR" or the "Corporation") (TSX VENTURE: ASN) announced today that the Subscription Agreement it entered into with Pala Investments Holdings Limited ("Pala") as previously announced on March 1, 2012 has been amended to provide that:Corresponding amendments have been made to the other agreements described in the Corporation-s press release dated March 1, 2012. Following completion of

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DIOS Updates its New 14 Karats Gold Project 0

MONTREAL, QUEBEC, CANADA — (Marketwire) — 04/04/12 — DIOS Exploration (TSX VENTURE: DOS) team is pleased to update its new 14 Karats gold-diamond project, Upper Eastmain area, James Bay, Quebec. It is located 35-55 km east of the Stornoway Renard diamond deposit, and 50-75 km NE of the Eastmain gold mine (accessible by a 160 km winter-road from Temiscamie).In 2011, new regional glacial till (54 samples) sampling yielded 642 ppb Au, 583 ppb Au, 151 ppb Au, 120 ppb Au, 131 ppb Au, 115 ppb Au

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Organic Resource Management Inc.: Update on Strategic Alternatives Review 0

TORONTO, ONTARIO — (Marketwire) — 04/04/12 — Organic Resource Management Inc. (TSX VENTURE: ORI) ("ORMI" or "the Company"), is providing an update to its previously announced strategic alternatives review in order to provide clarity because of the significant amount of time that has elapsed in the process.As previously announced, in December 2010, the Company-s Board of Directors formed a Special Committee of its independent Directors to examine and explore matters relat

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Platinum Group Metals Ltd.: Mining Right Granted for WBJV Project 1 Platinum Mine 0

VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 04/04/12 — Platinum Group Metals Ltd. (TSX: PTM)(NYSE Amex: PLG) ("Platinum Group or the Company") is pleased to report that the Department of Mineral Resources ("DMR") of South Africa has today notified the Company in writing that a Mining Right for the WBJV Project 1 Platinum Mine has been issued.This Mining Right is an important milestone and Platinum Group Metals now moves forward in a strong

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Argentum Announces 100% Warrant Exercise for Gross Proceeds of $1,785,340 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/04/12 — Argentum Silver Corp. ("Argentum" or the "Company") (TSX VENTURE: ASL) is pleased to announce that all 11,902,270 warrants issued on February 15, 2011 at an exercise price of $0.15 were exercised prior to the March 31, 2012 extended deadline (see our news release dated January 23, 2012) for total gross proceeds of $1,785,340.50. In addition, a further 626,773 broker-s warrants were exercised prior to the February 15

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Golden Phoenix Files Lawsuit Against Waterton Global Value L.P., Scorpio Gold Corp. and Scorpio Gold (U.S.) for 13 Separate Causes of Action Relating to the Mineral Ridge Gold Project, Nevada 0

LAS VEGAS, NV — (Marketwire) — 04/04/12 — Golden Phoenix Minerals, Inc., a Nevada corporation (the "Company" or "Golden Phoenix") (OTCBB: GPXM), as plaintiff; through its counsel, Bowen Hall Ohlson & Osborne, and Mineral Ridge Gold LLC, a Nevada limited liability company (as a derivative plaintiff in the matter), has filed suit in the Second Judicial Court of Nevada in and for the County of Washoe, against Waterton Global Value, L.P., a Canadian limited partnership,

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PNG Gold Corporation Announces Change of Officers and Director 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/04/12 — PNG Gold Corporation ("PNG Gold" or the "Company") (TSX VENTURE: PGK) announces that the board of directors has appointed Mr. Lorne Warner, P.Geo, as the Company-s Interim President & CEO. Mr. Warner is a professional geologist with over 30 years production and exploration experience in the minerals industry in Canada, USA, Mexico and Brazil, mainly with Noranda Exploration and Placer Dome. During his tenure wit

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International Tower Hill Recognizes Alaska Progress Made Towards Lowering Energy Costs for Alaskans 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/04/12 — International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX: ITH)(NYSE Amex: THM)(FRANKFURT: IW9) is pleased to inform investors that the State of Alaska has reached a landmark settlement with major oil producers BP PLC, Exxon Mobil Corp. and ConocoPhillips for the study of a major liquefied natural gas pipeline at the Point Thompson gas field on the North Slope of Alaska-s northernmost coast. A major gas pipe

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Papuan Precious Metals Corp.: Drilling Begins at Doriri Creek Hydrothermal Ni-Pd-Pt Prospect 0

KELOWNA, BRITISH COLUMBIA — (Marketwire) — 04/04/12 — Papuan Precious Metals Corp. ("PPM or the "Company") (TSX VENTURE: PAU)(OTCQX: PAUFF) announces it has commenced a 150m drilling program at its 100% owned Doriri Creek Ni-Pd-Pt prospect in EL 1424 Mt Suckling. The current drill program will test the nickel mineralogy that is accompanied by high concentrations of phosphorous minerals, palladium and platinum.The Mt Suckling ProjectThe Mt Suckling project is comprised of the

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