TORONTO, ONTARIO — (Marketwire) — 03/05/12 — Duncan Park Holdings Corporation (TSX VENTURE: DPH)(OTCQX: DCNPF) announced today that it intends to undertake a non-brokered private placement of up to $500,000 of flow-through common shares at a price of $0.08 per share.Proceeds from the proposed best efforts private placement will be used to finance exploration on the Company-s Red Lake properties. The first two holes of the winter drilling program on the Dome property have been completed and
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/05/12 — Quadra FNX Mining Ltd. ("Quadra FNX" or the "Company") (TSX: QUX) and KGHM Polska Miedz S.A. ("KGHM") (WSE: KGH) announced today the completion of the acquisition of all of the issued and outstanding common shares (the "Common Shares") of Quadra FNX and all of the outstanding Quadra FNX warrants (the "2009 Warrants") by 0929260 B.C. Unlimited Liability Company ("AcquireCo"), a
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/05/12 — Excelsior Mining Corp. (TSX VENTURE: MIN) (FRANKFURT: 3XS) (OTCQX: EXMGF) ("Excelsior") is pleased to announce the details of its 2012 work program for the Gunnison Copper Project, located in southern Arizona. Building on the strong positive results from the Preliminary Economic Assessment (PEA), the proposed $7.3 M program is aimed at completing a pre-feasibility study this year and will include:"After a very successful
OTTAWA, ONTARIO — (Marketwire) — 03/05/12 — Canadian Zinc Corporation (TSX: CZN)(OTCBB: CZICF) (the "Company" or "Canadian Zinc") and Parks Canada are pleased to announce a renewed Memorandum of Understanding ("MOU") regarding the operation and development of the Prairie Creek Mine and the management of Nahanni National Park Reserve.The Prairie Creek Mine is located in the Mackenzie Mountains of the Northwest Territories, within the watershed of the South Nahan
TORONTO, ONTARIO — (Marketwire) — 03/05/12 — PC Gold Inc. (TSX: PKL)(FRANKFURT: AJ2) ("PC Gold" or the "Company") is pleased to report preliminary results from the 2012 winter drill program, which has intersected additional high-grade mineralization in the newly identified No. 22 Vein (444.38 g/t over 1.50 m, see January 11th, 2012 news release) located in the Shaft 3 area of its 100% owned Pickle Crow property. The initial phase of the winter drilling program has inters
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/05/12 — Further to its news release of earlier today, Petaquilla Minerals Ltd. (TSX: PTQ)(OTCBB: PTQMF)(FRANKFURT: P7Z) ("Petaquilla" or the "Company") announces a clarification to its Convertible Loan Agreement (the "Loan Agreement") and a Forward Silver Purchase Agreement (the "Silver Agreement") with Deutsche Bank, AG, London Branch ("Deutsche Bank").As mentioned, the combined facilities wil
MONTREAL, QUEBEC — (Marketwire) — 03/05/12 — Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE: CXT)(OTCQX: CRXEF)(FRANKFURT: C3X) is pleased to announce it has received conditional approval of the TSX Venture Exchange for the acquisition of a 50% interest (the "Interest") in the Zamora/Campanillas (the "Properties") mining projects located in Sinaloa, Mexico and an option on the remaining 50% (the "Option").The Mexican Geol
TORONTO, ONTARIO — (Marketwire) — 03/05/12 — River Resources Ltd. ("Rainy River" or the "Company") (TSX: RR) is pleased to announce the appointment of Mr. Paolo Toscano as Director of Metallurgy, and Mr. Doug Brown as Corporate Health & Safety Manager.Mr. Toscano brings to the position 17 years of extensive hands-on experience in metals and processing. Prior to joining the Company, Mr. Toscano worked for SNC-Lavalin where he was Director of Process Engineering. His e
TORONTO, ONTARIO — (Marketwire) — 03/05/12 — Trelawney Mining and Exploration Inc. (the "Company" or "Trelawney") (TSX VENTURE: TRR)(FRANKFURT: RTW) announces the results from 11 additional holes drilled on the Cote Lake Deposit on the Chester Project located halfway between Timmins and Sudbury in Northern Ontario. The results are from the ongoing infill and expansion drilling on the Cote Lake Deposit. Drilling continues to intersect significant widths of low to moderate
HONG KONG, CHINA — (Marketwire) — 03/05/12 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) announced today an agreement to sell its thermal coal property, the Tsagaan Tolgoi Deposit to Modun Resources Limited (ASX: MOU) ("Modun").SouthGobi intends to facilitate the sale of Tsagaan Tolgoi through the transfer of a wholly-owned subsidiary holding one mining license (15041A) and one exploration license (7262X) pertaining to that deposit.Under the transaction, SouthGobi expects to
