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Mining & Metals

CORRECTION FROM SOURCE: Abcourt Intersects More Good Silver Values on the Abcourt-Barvue Property 0

MONT-ST-HILAIRE, QUEBEC, CANADA — (Marketwire) — 03/07/12 — This document corrects and replaces the press release that was sent today at 9:27 am EST.Mr. Renaud Hinse, President and C.E.O. of Abcourt Mines Inc. (TSX VENTURE: ABI)(BERLIN: AML.BE)(FRANKFURT: AML.FF) (the "Company"), is pleased to report that holes AB11-69 and AB11-70, drilled in the western part of the Abcourt-Barvue property, have intersected good silver values over good width and depth, as indicated by the following

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Great Quest Receives Successful Granulation Test From Tilemsi Phosphate 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/07/12 — John Clarke, CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX VENTURE: GQ)(FRANKFURT: GQM) is pleased to announce the successful completion of the initial granulation test carried out on the Tilemsi Phosphate Project in Eastern Mali by MINTEK South Africa and the Company-s consultant Gaya Resources Development ("Gaya"). Gaya reports that the granulation of Tilemsi phosphate rock should

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American Manganese Inc. Commences Development of Superior Lithium Ion Battery Materials 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/07/12 — Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. ("American Manganese" or the "Company"), (TSX VENTURE: AMY)(PINKSHEETS: AMYZF)(FRANKFURT: 2AM), is pleased to announce the Company has retained Kemetco Research Inc. of Richmond, BC to undertake research in the production of an improved lithium manganese dioxide.Manganese dioxide is produced electrolytically (EMD, Electrolytic Manganes

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Ashburton to be Granted Option by Eurasian Minerals for Second Gold Property in Nevada 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/07/12 — ASHBURTON VENTURES INC. (TSX VENTURE: ABR)(FRANKFURT: ARB) ("Ashburton" or the "Company") is pleased to announce that Eurasian Minerals Inc. (TSX VENTURE: EMX)(NYSE Amex: EMXX) has agreed to grant, through its wholly-owned subsidiary Bronco Creek Exploration, Inc., an option to Ashburton for the Richmond Mountain gold property, located in the Eureka Mining District of north-central Nevada. The property has Carlin-ty

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Central Increases and Closes Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/07/12 — Central Resources Corp., (TSX VENTURE: CBC) ("Central" or the "Company") is pleased to announce that it has increased and subsequently closed the non-brokered private placement previously announced on February 8, 2012.To accommodate oversubscriptions, a total of 4,100,000 units were issued at a price of $0.05 per unit for gross proceeds of $205,000. Each unit consists of one common share and one transferable share p

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Over 30,000 Attend Prospectors and Developers Association of Canada Convention 0

TORONTO, ONTARIO — (Marketwire) — 03/07/12 — Over 30,000 people attended this year-s Prospectors and Developers Association of Canada-s (PDAC) Convention, breaking last year-s attendance record of 27,714."The convention has really hit its stride in terms of its place in the global mineral industry-this year-s attendance attests to that," says PDAC President Scott Jobin-Bevans. "The tremendous networking and educational opportunities the convention offers really sets the stand

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Gossan Completes the Sale of Its Equity Interest in The Claims Network Inc. 0

WINNIPEG, MANITOBA — (Marketwire) — 03/07/12 — Gossan Resources Limited (TSX VENTURE: GSS)(Frankfurt/Freiverkehr & Xetra:WKN 904435) has closed the sale of its entire 66.3% equity interest in The Claims Network Inc. (TCN) for a sale price of $1.5 million.TCN is a web-based enterprise engaged in providing the property and casualty insurance industry with on-site claims reporting of losses, contents loss valuations, and content claims software.Under the terms of the sale agreement, a rest

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Opta Minerals Inc. Reports Fourth Quarter Results for Fiscal 2011 0

WATERDOWN, ONTARIO — (Marketwire) — 03/07/12 — Opta Minerals Inc. (TSX: OPM) today announced results for the three and twelve months ended December 31, 2011. All figures are reported in U.S. dollars and in accordance with International Financial Reporting Standards (IFRS), except where otherwise noted.Financial Highlights (presented in $000s USD except per share amounts):David Kruse, President and CEO of Opta Minerals, noted, "During the fourth quarter, Opta Minerals experienced positi

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Williams Creek Gold Acquires New Properties from New Gold Inc. in BC-s Central Interior 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/07/12 — Williams Creek Gold Limited (TSX VENTURE: WCX) ("Williams Creek", "the Company" or "WCX") is pleased to announce that it has entered into an arms length agreement to acquire a 100% interest from New Gold Inc. in two large exploration claim groups known as Ahbau Creek and Chubby Bear. The properties are located in the Cariboo and Omineca Mining Divisions in Central British Columbia. In addition, four minera

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