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Mining & Metals

NWT Uranium Corp Purchases an Additional 11,765,000 Common Shares of URU Metals 0

TORONTO, ONTARIO — (Marketwire) — 03/26/12 — NWT Uranium Corp. (TSX VENTURE: NWT)(FRANKFURT: NMV) ("NWT" or "The Company") would like to announce that it has purchased an additional 11,765,000 shares of URU Metals (LSE: URU) ("URU") through a wholly owned subsidiary. NWT now owns a cumulative 49,773,339 shares representing 43.94% of URU Metals.URU Metals holds a total of eight highly prospective properties in Niger, one of the world-s leading uranium producers.

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Galaxy Capital Corp. Arranges 12 Million Unit Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/26/12 — Galaxy Capital Corp. (TSX VENTURE: GXY) (the "Company" or "Galaxy") is pleased to announce that it has arranged for a non-brokered private placement of 12 million units at a price of 18 cents per unit. Each unit will consist of one common share and one transferable eighteen month share purchase half-warrant. Each half-warrant will be exercisable at a price of 25 cents to purchase one additional common share of Galax

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Netco Silver Announces Management and Advisor Additions 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/26/12 — NETCO SILVER INC. (TSX VENTURE: NEI) ("Netco" or the "Company") is pleased to announce the additions of Dr. Michael Hitch to the Company-s executive team and Mr. Paul Sarjeant to the Company-s advisory board, effective immediately.Michael Hitch – Ph.D., P.Eng., P.Geo., Vice President ExplorationDr. Hitch has over 20 years of experience in the mining exploration sector and has been a senior executive with major compa

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Mesa Exploration Drilling Confirms Uranium Zone at Moonshine Springs Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/26/12 — Mesa Exploration Corp. (TSX VENTURE: MSA)(PINKSHEETS: MSAJF) ("Mesa") is pleased to announce that six rotary drill holes have recently been completed at the 100% owned Moonshine Springs uranium project in northwestern Arizona. The current drilling program tested extensions of previously discovered uranium mineralization and radon soil geochemical targets. Results from the drilling program are summarized below:M3 through M7 we

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Argus Provides Shareholder Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/26/12 — Argus Metals Corp. (the "Company" or "Argus") (TSX VENTURE: AML) provides a first quarter 2012 corporate update.Further to the closing of the second tranche of the Company-s recent private placement, management wishes to outline its strategy and initiatives for the second quarter, 2012.The Kaituma Uranium/Gold ProjectProceeds from the private placement will be used to drill test its 100% owned Kaituma Uranium/Gold P

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Kirkland Lake Gold Inc.: Temporary Power Interruption Disrupts Production 0

KIRKLAND LAKE, ONTARIO — (Marketwire) — 03/26/12 — Kirkland Lake Gold Inc., (-Kirkland Lake- or the -Company-) (TSX: KGI)(AIM: KGI), an operating and exploration gold mining company located in Ontario, Canada, announces that on Sunday March 18th a failure of equipment at the interface between the external Hydro One power grid and internal Mill Site power grid interrupted the primary power supply to the Mill and the Crushing Plant.As a result, all processing of ore ceased with that power fai

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Nautilus Minerals Reports Solid Year End Results 0

TORONTO, ONTARIO — (Marketwire) — 03/26/12 — Nautilus Minerals Inc. ("Nautilus" or the "Company") (TSX: NUS)(AIM: NUS) ended 2011 in a solid financial position with US$149.4 million in cash and cash equivalents, after a milestone year which saw the Company granted the first deep sea "hard rock" Mining Lease for its Solwara 1 project in the Bismarck Sea, Papua New Guinea ("PNG").The Company today released its 2011 full year financial results and Annual

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Terraco Identifies Gold Mineralization at its Moonlight Project 0

Planning for 2012 Moonlight Drill Season Underway on the Recently Enhanced 35 km2 Land Package

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Anthony Walsh Joins the Board of Directors of NovaGold 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/26/12 — NovaGold Resources Inc. (TSX: NG)(NYSE Amex: NG) ("NovaGold" or "the Company") is pleased to announce the appointment of Mr. Anthony P. Walsh to NovaGold-s Board of Directors, effective immediately.Mr. Walsh has over twenty-five years of leadership experience in the mining industry where he held such senior positions as President and Chief Executive Officer of Miramar Mining Corporation, which in 2007 was sold to Ne

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