Stellar Drills 6.71 g Au/T Over 10 Metres on Guinea B-1 Zone of Solotomo Discovery
TORONTO, ONTARIO — (Marketwire) — 02/09/12 — Andean American Gold Corp. ("Andean American" or the "Company") (TSX VENTURE: AAG)(FRANKFURT: AQN) announces that its subsidiary company, Sinchao Metals Corp. (TSX VENTURE: SMZ) ("Sinchao") announced today that it, Sinchao, has appointed Scott Wilson of Scott E. Wilson Consulting, Inc. to undertake an independent review of Sinchao-s previously announced mineral resources on the Sinchao Property (the "Property&qu
TORONTO, ONTARIO — (Marketwire) — 02/09/12 — Quia Resources Inc. ("Quia" or the "Company") (TSX VENTURE: QIA) announced today further drill results from its San Lucas project in Colombia and provided an update on its 2012 exploration plans.Highlights from holes 8 through 14 from the company-s ongoing phase 1 drilling program include:The drilling to date has established a disseminated gold system at the La Colina anomaly that is potentially continuous over at least 800 me
HENDERSON, NV — (Marketwire) — 02/08/12 — (OTCBB: RYMM) ("Royal Mines") announces that it has signed a Memorandum of Understanding with ("Stina") of Ontario, Canada to explore Royal Mines- twenty-one mining claims in the .Under the proposed agreement Stina would earn a 70% interest in Royal Mines- private Smith Lease Property in the Searchlight Mining District, as well as a 40% interest in Royal Mines- 100% interest in 20 Piute Valley claims, also in the Searchlight Min
TORONTO, ONTARIO — (Marketwire) — 02/08/12 — Timminco Limited (TSX: TIM) and its wholly-owned subsidiary Becancour Silicon Inc. (collectively, the "Company") announced that it will continue discussions exclusively with QSI Partners Inc. ("QSI Partners") until February 13, 2012, regarding a definitive stalking horse bid for the acquisition of substantially all of the Company-s business and assets, including its interests in Quebec Silicon Limited Partnership and Timminco
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/08/12 — Skyline Gold Corporation (TSX VENTURE: SK) ("Skyline" or the "Company") is pleased to announce, further to the news release dated November 19, 2010, that it has completed the acquisition of the Inel property (the "Property" or "Inel") from St. Andrew Goldfields Ltd. in return for an amended final cash payment of $175,750 and 1,000,000 common shares valued at $0.175 per share.The Inel property is
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/08/12 — Central Resources Corp. (TSX VENTURE: CBC) ("Central" or the "Company") is pleased to announce that it has negotiated a non-brokered private placement of $200,000 through the sale of 4,000,000 units at a price of $0.05 per unit.Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the Company for a period of 12 month
TORONTO, ONTARIO — (Marketwire) — 02/08/12 — Lake Shore Gold Corp. (TSX: LSG) (NYSE Amex: LSG) ("Lake Shore Gold" or the "Company") today announced that the Company has entered into an agreement (the "Agreement") with Franco-Nevada Corporation (TSX: FNV)(NYSE: FNV) ("Franco-Nevada") through which Franco-Nevada will pay to the Company US$35 million for a 2.25% net smelter return ("NSR") royalty on the sale of minerals from the Company-s Timmi
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/08/12 — On January 10th, 2012, Prominex (TSX VENTURE: PXR) announced that Buchans Minerals Corporation ("Buchans") had previously declined to participate in this 2011 exploration program at Tulks Hill in favour of dilution, however Prominex provided Buchans with a report indicating that the actual expenditures are below 85% of the budgeted amount. As per the joint venture agreement, Buchans had 30 days from January 6, 2012, to elect
PERTH, AUSTRALIA — (Marketwire) — 02/08/12 — Corona Minerals Limited ("Corona" or the "Company") announces they have received assay results from the first hole of a three hole diamond drilling program that commenced at the Prince Darwin prospect in late October 2011 targeting copper, with accompanying gold, silver and magnetite mineralization associated with a strong magnetic anomaly. Drilling at the Prince Darwin prospect was conducted by Van Dieman Holdings and was sup
