PERTH, WESTERN AUSTRALIA — (Marketwire) — 02/24/12 — Magma Metals Limited (TSX: MMW)(ASX: MMW) ("Magma" or the "Company") reports the release of the following letter from its Chairman, Max Cozijn.Dear Shareholder,By now you are probably aware that Panoramic Resources Limited ("Panoramic") has announced an unsolicited takeover offer for your shares in Magma Metals Limited (the "Offer").You will shortly be receiving Panoramic-s formal Offer document, ca
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/24/12 — Pancontinental Uranium Corporation (the "Company") (TSX VENTURE: PUC) is pleased to announce the appointment of David Petroff as a director of the Company effective February 23, 2012.David brings substantial senior executive management experience with mining companies to the Pancon board. From November 2009 through August 2011, as President, CEO and Director of Breakwater Resources, David-s leadership resulted in improved pro
TORONTO, ONTARIO — (Marketwire) — 02/24/12 — North American Palladium Ltd. ("NAP" or the "Company") (TSX: PDL)(NYSE Amex: PAL) is pleased to announce the appointment of Dr. David C. Peck as Head of Exploration effective March 1, 2012.Dr. Peck is a Professional Geoscientist with nearly 30 years of exploration and research experience specializing in magmatic Ni-Cu-PGE (nickel, copper, platinum group elements) ore deposits. Dr. Peck holds global recognition as an expert in
TORONTO, ONTARIO — (Marketwire) — 02/24/12 — Medusa Mining Limited (ASX: MML)(LSE: MML) -Please find attached an updated Investor Presentation which the Company will present at the BMO Capital Markets 2012 Global Metals and Mining Conference in Miami in late February and the CITI 9th Annual Australian & New Zealand Conference in London in early March 2012.Outlined below are Competent Persons- Consents in relation to resource and reserve information which appears in the Investor Presenta
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/23/12 — Lucara Diamond Corp. ("Lucara" or the "Company") (TSX: LUC)(BOTSWANA: LUC)(NASDAQ OMX First North: LUC) reports that it has granted 50,000 incentive stock options to an eligible employee of the Company. The options are exercisable, subject to vesting provisions, over a period of three years at a price of $1.13 per share.About LucaraLucara is a well positioned emerging new diamond producer. The Company has an experie
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/23/12 — (All figures are in United States dollars unless otherwise stated) -Minefinders Corporation Ltd. (TSX: MFL)(NYSE Amex: MFN) today reported its financial and operating results for the fourth quarter and year ended December 31, 2011.Fourth Quarter 2011 HighlightsFull Year 2011 HighlightsCommenting on the annual results, Mark Bailey, President and CEO, stated: "We set specific objectives for the Company in 2011 and I am very pleased
Measured & Indicated Mineral Resources Increase to 8.2 Million Ounces of Gold and 236.9 Million Ounces of Silver
EDMONTON, ALBERTA — (Marketwire) — 02/23/12 — Firestone Ventures Inc. (TSX VENTURE: FV)(FRANKFURT: F5V) wishes to clarify the finders- fees paid in connection with the private placement that closed on February 10, 2012. Firestone raised $655,000 in two tranches: December 21, 2011 and February 10, 2012. Firestone paid arm-s-length parties an aggregate of $7,490 and issued 149,800 finder-s warrants pursuant to TSX Venture Exchange Policy. The finder-s warrants have an exercise price of $0.10
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/23/12 — NETCO SILVER INC. (TSX VENTURE: NEI) ("Netco" 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 3, 2012.Due to demand, the Company has increased the size of the offering from 5,000,000 units to 6,300,000 units at a price of $0.125 per unit for gross proceeds of up to $787,500. Unit terms rema
