LONGUEUIL, QUEBEC — (Marketwire) — 03/05/12 — Avala Resources Ltd. (TSX VENTURE: AVZ) (the "Company" or "Avala") is pleased to provide an update on the Korkan target area, part of its Timok Gold Project, a new gold discovery in an emerging sediment-hosted gold belt located in a proven and prolific copper-gold mining district, the Timok Magmatic Complex ("TMC") in Eastern Serbia. The Timok Gold Project (formerly referred to by the Company as the sediment hosted
LONGUEUIL, QUEBEC — (Marketwire) — 03/05/12 — Cerro Resources NL (ASX: CJO)(TSX VENTURE: CJO) is pleased to announce positive results from 11 additional drill holes at the Namiquipa Silver Project, in Chihuahua, Mexico. The results are from drilling conducted in the second half of 2011, aimed at targets beyond the main Princesa/Megan system.Highlights Include:Namiquipa Drill ProgramCerro Resources has continued to test the six-vein system that hosted the historic, high grade La Venturosa si
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/05/12 — Kincora Copper Limited (TSX VENTURE: KCC) ("Kincora" or "the Company") announces updated exploration results and details of the 2012 drilling campaign for the Bronze Fox project in Mongolia, which occupies 223km2 of land 140km northeast of the Oyu Tolgoi project, on the same copper belt.Having completed the 2011 exploration campaign, the results continue to demonstrate the significant potential of the Bronze Fox pro
TORONTO, ONTARIO — (Marketwire) — 03/05/12 — U3O8 Corp. (TSX VENTURE: UWE), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, reports the filing of the National Instrument 43-101 ("NI 43-101") Technical Report on the Berlin Project, Colombia, following the company-s press release on January 18, 2012 that announced a maiden uranium, phosphate and vanadium resource estimate as follows:Uranium Resource:Conta
TORONTO, ONTARIO — (Marketwire) — 03/05/12 — Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, is pleased to announce that it has appointed a highly experienced senior Mine Manager to oversee development and gold production at its Amulsar project in Armenia. The Company is also pleased to announce that it has secured the services of Endeavour Financial to advise on the broader-range of project fi
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/05/12 — Rio Alto Mining Limited ("Rio Alto" or the "Company") (TSX VENTURE: RIO)(OTCQX: RIOAF)(BVL: RIO)(DBFrankfurt: MS2) is pleased to report assay results from 20 reverse circulation ("RC") drill holes and 10 diamond drill ("DD") holes completed after September 30, 2011 as part of the Company-s ongoing feasibility study for La Arena sulphide deposit at the Company-s La Arena Project located in La Libe
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/05/12 — Guerrero Exploration Inc. ("Guerrero" or the "Corporation") (TSX VENTURE: GEX)(FRANKFURT: 2GU) is pleased to announce that it has applied for the 86,205 Ha Olinala property in Guerrero state, Mexico, centered 100 km east of the State capital, Chilpancingo de los Bravo, and 187 km SE of Mexico City. It is located immediately south of Cerro Dolores, a polymetallic project owned by Goldcorp that was optioned to Starcor
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/05/12 — Alexco Resource Corp. (TSX: AXR) (NYSE Amex: AXU) today announces plans to increase exploration spending by 50% to $12 million in 2012. The Company will expand its efforts in both surface and underground exploration in the Keno Hill Silver District, Yukon, where its Bellekeno mine continues to ramp up silver production to an estimated 2.2 to 2.5 million ounces of silver in 2012.Alexco conducted a highly successful exploration program i
TORONTO, ONTARIO — (Marketwire) — 03/05/12 — Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) is pleased to announce the SEDAR filing of the National Instrument (NI) 43-101 compliant updated mineral resource estimate for the C-Zone and an initial resource estimate of the A/B-Zone both located within its Ocean-based Roche Bay Iron Project on the East Coast of the Melville Peninsula in Nunavut, Canada ().As press released on January 17
TORONTO, ONTARIO — (Marketwire) — 03/04/12 — Ivernia Inc. ("Ivernia" or the "Company") (TSX: IVW) is pleased to announce that, effective immediately, Wayne Richardson has joined its Board of Directors as a new member.Mr. Richardson is the Chairman of the Board of the Company-s wholly-owned subsidiary, Magellan Metals Pty Ltd., and the President and CEO of Enirgi Group Corporation (the "Enirgi Group") formerly known as Green SEA Resources Inc. Enirgi Group is a
