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Mining & Metals

Cease Trade Order Revoked; GMR Global Mineral Resources Corp. Receives Revocation Order from British Columbia Securities Commission 0

TORONTO, ONTARIO — (Marketwire) — 03/08/12 — GMR Global Mineral Resources Corp. (FRANKFURT: GLLN) is pleased to announce that the company has received a Revocation Order from the executive director of the British Columbia Securities Commission (BCSC); revoking the Cease Trade Order that was issued by the BCSC on October 14th, 2011.The Revocation Order states:The Revocation Order is signed by the chief mining advisor of the British Columbia Securities Commission. A copy of the document can b

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Stroud and St. Andrew Mutually Terminate Hislop Option Agreement/Drill Results Include 38.7g/t Gold Over 1.0 Metre 0

TORONTO, ONTARIO — (Marketwire) — 03/08/12 — Stroud Resources Ltd. (TSX VENTURE: SDR) ("Stroud" or the "Company") announced that the Company and St. Andrew Goldfields Ltd. (TSX: SAS) ("St. Andrew") have by mutual agreement terminated the previously announced option granted by Stroud to St. Andrew to earn up to a 60% interest in its Hislop gold property located near Timmins, northern Ontario.Under the terms of the option agreement, St Andrew could have earned an

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Clifton Star Announces Trading Resumption 0

QUEBEC CITY, QUEBEC — (Marketwire) — 03/08/12 — Clifton Star Resources Inc. ("Clifton Star" or the "Corporation") (TSX VENTURE: CFO)(FRANKFURT: C3T) is pleased to announce that the British Columbia Securities Commission has revoked the Cease Trade Order previously affecting the Corporation (the "CTO") on March 5, 2012. The revocation of the CTO was in furtherance to the Corporation filing an updated NI 43-101 compliant technical report on Clifton Star-s Donches

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Altius Minerals Corporation (TSX: ALS) Reports Third Quarter Net Earnings of $2,461,000 0

ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 03/08/12 — Altius Minerals Corporation ("Altius") (TSX: ALS) reported net earnings attributable to common shareholders of $2,461,000 or $0.08 per share for the three months ended January 31, 2012 compared to net earnings of $69,212,000 for the same period last year. The current quarter-s earnings include revenue of $5,805,000, consisting of royalty revenue of $1,192,000 and $3,941,000 in share payments received from earn-in pa

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Canamex Intersects High-Grade Gold-Silver at Bruner Project Including 4.2 Meters Averaging 12.97 g/t Gold and 146 g/t Silver 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/08/12 — Canamex Resources Corp. (TSX VENTURE: CSQ)(PINKSHEETS: CNMXF)(FRANKFURT: CX6) announces that it has received final geochemical results from a 13 hole Reverse Circulation (RC) drilling program at its Bruner gold-silver project located in central Nevada about 200 kilometers east-southeast of Reno. Two of the first three holes drilled by Canamex into the Penelas East Vein System intersected +10 g/t (+.292 oz/ton) gold. Drill hole B-1115 p

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GMR Global Mineral Resources Corp. Receives Assays Up to 39.4 g/t Gold for Rock Samples Recovered from Red Elephant Property 0

TORONTO, ONTARIO — (Marketwire) — 03/08/12 — GMR Global Mineral Resources Corp. (FRANKFURT: GLLN) is pleased to announce that it has received assays from ACME Analytical Laboratories (Vancouver) Ltd. for seventeen samples recovered during the summer 2011 sampling program completed on the Red Elephant property.Three of the five rock samples collected from the main Red Elephant zone returned assay values ranging from 21.6 to 39.4 grams per tonne.Two other samples collected from the same zone

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Lake Shore Gold and Franco-Nevada Complete $50 Million Royalty and Equity Investment Transaction 0

TORONTO, ONTARIO — (Marketwire) — 03/08/12 — Lake Shore Gold Corp. (TSX: LSG)(NYSE Amex: LSG) ("Lake Shore Gold" or the "Company") today reported that the Company has closed its previously announced royalty and equity investment agreements (the "Agreements") with Franco-Nevada Corporation (TSX: FNV)(NYSE: FNV) ("Franco-Nevada"). Under terms of the Agreements, Franco-Nevada has paid to the Company US$35 million for a 2.25% net smelter return royalty on

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Continental Precious Minerals Inc.: Completion of Transaction to Reduce Net Profits Royalty Interest 0

TORONTO, ONTARIO — (Marketwire) — 03/07/12 — Continental Precious Minerals Inc. (TSX: CZQ) (the "Company" or "Continental") is pleased to announce that it has completed the transaction first announced on February 27, 2012. Accordingly, Geoforum Scandinavia AB has reduced its Net Profits royalty interest in the Company-s MMS Viken Project from 5% to 1% and the Company has issued to Geoforum 5,000,000 common shares and $57,735.About Continental Precious Minerals Inc.Contin

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Ethiopian Potash Announces Management Change 0

TORONTO, ONTARIO — (Marketwire) — 03/07/12 — Ethiopian Potash Corp. (the "Company" or "EPC") (TSX VENTURE: FED.V) announces the resignation of David Wahl as President and Chief Executive Officer and Director of the Company effective March 7, 2012. The Company-s Board of Directors will be appointing a new Chief Executive Officer and in the interim George Roach will act in that capacity. The Company wishes to thank Mr Wahl for his contribution over the past 18 months.The C

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Endeavour Silver to Release 2011 Financial Results on March 20, 2012, Conference Call at 10:00 AM Pacific Time on March 21, 2012 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/07/12 — Endeavour Silver Corp. (TSX: EDR)(NYSE: EXK)(FRANKFURT: EJD) plans to release its 2011 audited annual financial results on Tuesday, March 20, 2012 prior to the market open.A conference call to discuss the results will be held at 10:00 AM Pacific Time (1:00 PM Eastern Time) on Wednesday March 21, 2012. To participate in the conference call, please dial the following:A replay of the conference call will be available by dialing 1-800-319-

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