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Mining & Metals

Eurotin: Resignation 0

TORONTO, ONTARIO — (Marketwire) — 02/17/12 — Eurotin Inc. ("Eurotin" or the "Company") (TSX VENTURE: TIN), announced today the resignation of John Trapman from the Company-s board of directors. Eurotin sincerely thanks Mr. Trapman for his contributions to the Company.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Con

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Midland Exploration Announces the Grant of Options 0

MONTREAL, QUEBEC — (Marketwire) — 02/17/12 — Midland Exploration Inc. ("Midland") (TSX VENTURE: MD) announces that it has granted incentive stock options to employees, directors, officers and consultants of Midland to acquire an aggregate of 315,000 common shares at $1.54 per share, for a period of 10 years. These incentive stock options have been granted in accordance with Midland-s Stock Option Plan and are subject to the approval of the TSX Venture Exchange.About MidlandMidland

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Nevgold Resource Corp. Obtains Securityholder Approval for Proposed Merger 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/17/12 — Nevgold Resource Corp. ("Nevgold") (TSX VENTURE: NDG) is pleased to announce that its securityholders have approved the proposed plan of arrangement (the "Arrangement") involving Nevgold, its securityholders and Silver Predator Corp. ("Silver Predator") (TSX: SPD) pursuant to which Silver Predator will acquire all of the outstanding securities of Nevgold (the "Proposed Transaction"). At the speci

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GDV Resources Inc. Completes Private Placement 0

TORONTO, ONTARIO — (Marketwire) — 02/17/12 — GDV Resources Inc. (TSX VENTURE: GDV.H) (the "Company") announces that it has completed a private placement financing for gross proceeds of $89,000. The Company has issued 1,780,000 common shares at a price of $0.05 per share. Since February 1, 2012, the Company has completed financings totaling $200,000 through the issuance of 4,000,000 common shares at a price of $0.05 per share.The Financing is subject to final approval from the TSX

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Archean Star Announces Completing 91.5% of Gnaweeda Option Expenditures 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/17/12 — Archean Star Resources Inc. (TSX VENTURE: ASP) (the "Company" or "Archean") announces that it has advised Teck Australia Pty Ltd. ("Teck") and Chalice Gold Mines Limited, ("Chalice") that Archean has completed over 80% of the budgeted 2011-2012 Joint Venture expenditure of AUD$1,750,000 on the Gnaweeda Gold Project ("Gnaweeda"). Under the terms of the underlying Joint Venture Agreement

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GTA Resources and Mining Inc. Announces Private Placement 0

BURLINGTON, ONTARIO — (Marketwire) — 02/17/12 — GTA Resources and Mining Inc. ("GTA") (TSX VENTURE: GTA) announces that it has entered into an agreement with a syndicate led by Laurentian Bank Securities Inc. and including Euro Pacific Canada, Union Securities Ltd. and Casimir Capital Ltd. (the " Agents") under which the Agents will offer on a best efforts basis a private placement of up to $4,000,000 in common share units and flow through shares (the "Offerings&quo

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Ethiopian Potash Corp.: More Positive Drill Results on Danakil Project, Ethiopia 0

TORONTO, ONTARIO — (Marketwire) — 02/17/12 — Ethiopian Potash Corp. ("EPC" or the "Company") (TSX VENTURE: FED)(TSX VENTURE: FED.WT) reports a compilation of drilling results on its Danakil Project, Ethiopia.The Company has drilled over 6,500 metres in 26 holes; the holes are located in the southwest corner of the property and along the western edge of the Basin covering an area measuring 10 kilometres by 4 kilometres.The following table summarizes assay results which ha

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Strachan Resources Ltd.: Proposed Qualifying Transaction Not Proceeding 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/17/12 — Strachan Resources Ltd. (TSX VENTURE: SCN.P) ("Strachan") had signed a letter of intent to acquire the common shares of Varion Capital Corp. ("Varion"), an equpiment leasing company, as its proposed "qualifying transaction". The shareholders of Varion have now advised Strachan that they cannot proceed with the transaction due to business structure issues and accordingly the transaction is cancelled.Stracha

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Red Crescent Resources Announces Funding Progress and 2012 Operational Targets 0

TORONTO, ONTARIO — (Marketwire) — 02/17/12 — Red Crescent Resources Limited ("RCR") (TSX: RCB)(FRANKFURT: 7RC), a mineral exploration and development company focused on base metals in Turkey, today announced that following a full review by the board, it has approved the Company-s specific business targets established for 2012 project operations."Our project teams defined an operating budget inclusive of contingency amounting to $3.5 million as sufficient to carry RCR to a pos

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Rio Alto Mining Limited-Corporate Update: Filing of Technical Report 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/17/12 — Rio Alto Mining Limited ("Rio Alto" or the "Company") (TSX VENTURE: RIO)(OTCQX: RIOAF)(LMA: RIO)(DBFrankfurt: MS2) is pleased to announce that the updated Technical Report referred to in the Company-s news release of January 5, 2012 in respect of updated mineral resource estimates for the Company-s La Arena Project located in north central Peru has been completed. A copy of this Technical Report is available under t

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