LAS VEGAS, NEVADA — (Marketwire) — 03/04/12 — North Springs Resources Corp. (OTCBB: NSRS) (PINKSHEETS: NSRS) (the "Company" or "North Springs") is pleased to announce that it has received the final draft of a positive geological review regarding the Company-s recently acquired 10% interest in an option on various producing gold and silver properties in Chihuahua, Mexico. The Company initiated geological review was completed as part of the acquisition due diligence proces
TORONTO, ONTARIO — (Marketwire) — 03/03/12 — Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE: XME)(OTCQX: XMTTF) is pleased to announce that it has signed a New Option Agreement with Globex Mining Enterprises Inc. and Geoconseil Jack Stoch Ltee which allows the Company to now acquire a 100% interest in the Duquesne-Ottoman rather than the 75% provided for in the current option agreement. The New Option Agreement sets out two ways Xmet can acquire 100% of the Duquesne-Ot
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/02/12 — Oroco Resource Corp. (TSX VENTURE: OCO)(FRANKFURT: OR6) ("Oroco" or "the Company") today announces an increase in the size of the private placement financing (the "Financing") it previously announced by news release dated February 27, 2012.The Company has increased the size of the financing from 4,000,000 units to 4,830,000 units at a price of $0.25 per unit for gross proceeds of $1,207,500. Unit terms rem
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/02/12 — GoldQuest Mining Corp (TSX VENTURE: GQC)(FRANKFURT: M1W)(BERLIN: M1W) is pleased to announce that its non-brokered private placement announced on January 24, 2012 of 5,500,000 units has been over-subscribed and the Company has increased the private placement to 6,600,000 units for gross proceeds of $660,000. Each unit consists of one common share of GoldQuest Mining Corp and one full share purchase warrant. Each whole warrant will enti
Results of Annual General Meeting and Engagement of an Investor Relations Service Provider
SASKATOON, SASKATCHEWAN — (Marketwire) — 03/02/12 — ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED)Cameco (TSX: CCO) (NYSE: CCJ) announced today that the Finnish government has granted a licence for the extraction of uranium as a by-product from the Sotkamo nickel mine operated by Talvivaara Mining Company Plc. (LSE: TALV) in eastern Finland.Talvivaara expects to begin production of uranium at Sotkamo during 2012 through a solvent extraction circuit added to the main production process to rec
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/02/12 — Reservoir Minerals Inc. (TSX VENTURE: RMC)(PINKSHEETS: RVRLF)(BERLIN: 9RE) ("RMC" or the "Company") is pleased to report that it has been awarded three new exploration permits (Tilva-Njagra, Coka-Kupjatra and Leskovo Exploration Permits) totalling 148.25 square kilometers within the prospective Timok area of eastern Serbia where it is exploring for copper and gold mineralization with Freeport-McMoRan Exploration Cor
TORONTO, ONTARIO — (Marketwire) — 03/02/12 — Darnley Bay Resources (TSX VENTURE: DBL) announces the release, filing on SEDAR and posting on its own website of the 43-101 Technical Report (the "Report") prepared by Stephen Reford, P.Eng., a Qualified Person for the purposes of National Instrument 43-101 and the Company-s Chief Technical Officer. The Report details the history of North America-s strongest discrete gravity anomaly (the "Anomaly") and its exploration by the
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/02/12 — Abacus Mining & Exploration Corporation (TSX VENTURE: AME) ("Abacus" or the "Company") is pleased to report that the previously announced non-brokered private placement has been increased to approximately $3.0 million in units of the Company ("Units").Each Unit carries a price of $0.22 per Unit and consists of one common share and one-half of a common share purchase warrant. Each full warrant will be e
MONTREAL, QUEBEC — (Marketwire) — 03/02/12 — KWG Resources Inc. (TSX VENTURE: KWG) (the "Company") announces that it has completed the previously announced acquisition of 49 unpatented claims from INV Metals Inc. in consideration of 3 million treasury units each comprised of one share and one 5-year warrant exercisable at $0.12. The claims are located south of McFaulds Lake and the Ring of Fire and complete an important section of the railway corridor staked by KWG subsidiary Cana
