MONTREAL, QUEBEC — (Marketwire) — 02/02/12 — Osisko Mining Corporation ("Company") (TSX: OSK)(FRANKFURT: EWX) announces with regret that Mr. Richard A. Ross, C.A. has tendered his resignation to the Board of Directors so that he may focus on family matters.Victor H. Bradley, Chairman of the Board of Directors, commenting on Mr. Ross-s resignation stated: "We are extremely sorry to see Mr. Ross depart, and have with great reluctance accepted his resignation. Although he was wi
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/02/12 — CARIBOU KING RESOURCES CORP. ("Caribou" or the "Company") (TSX VENTURE: CKR)(FRANKFURT: CB8) is pleased to announce it has entered into an agreement with Alix Resources Corp. ("Alix") (TSX VENTURE: AIX) to purchase the remaining 51% interest from Alix in the five Yukon properties that Alix and the Company have been exploring since 2011 (see Caribou News Release, January 19th, 2012).Initially Alix had an op
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/02/12 — Avrupa Minerals Ltd. (TSX VENTURE: AVU) is pleased to announce the commencement of exploration work in the Portuguese Pyrite Belt under the Alvalade Joint Venture with major international copper producer Antofagasta Minerals SA ("AMSA"), a wholly-owned subsidiary of Antofagasta plc. The budget for work in 2012 has been increased to US$ 2.5 million and approved by AMSA. The work program includes up to 6,000 meters of drilling
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/02/12 — Peregrine Diamonds Ltd. ("Peregrine" or "the Company") (TSX: PGD) is pleased to report that it has completed the purchase of BHP Billiton-s 51 percent participating interest in the 8,580 square kilometre Chidliak diamond project ("Chidliak" or "the Project"), Baffin Island, Nunavut, Canada that was announced on December 20, 2011. The purchase gives Peregrine 100 percent ownership of Chidliak, pro
TORONTO, ONTARIO — (Marketwire) — 02/02/12 — Soltoro Ltd. (TSX VENTURE: SOL) has filed its NI 43-101 resource estimate for its 100% owned El Rayo silver project on SEDAR and made it available on the Company-s website. The report was prepared by Roscoe Postle Associates Inc. ("RPA"). The El Rayo property is located approximately 110 km west-northwest of Guadalajara, Jalisco State, Mexico. The NI 43-101 compliant Mineral Resources were estimated by RPA and include an updated estimat
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/02/12 — Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN: A7V). Drill Arrived Little Pigeon Lake – Drilling Commencing on Western End of high-grade copper-gold vein to test affinities with the Hollinger/McIntyre/Coniarum Complex.The Little Pigeon Lake project is located in the south-eastern part of the Company-s Red Vein property which consists of 192 claim units for a total area of 3,072 hectares. The project is located in Nata
Transaction Closed as of December 31, 2011; Projected to Swing IGC to Profitability
TORONTO, ONTARIO — (Marketwire) — 02/02/12 — Xtierra Inc. (TSX VENTURE: XAG) ("Xtierra" or the "Company"), is pleased to provide an update on a drilling programme being carried out on its Bilbao project in the State of Zacatecas, Mexico. The planned 2,500 metre programme comprising six holes of NQ core drilling commenced on November 19, 2011 with a three week break over Christmas. To the end of January 2012, approximately 1,400 metres had been completed in 3 holes with a
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/02/12 — StoneShield Capital Corp. (TSX VENTURE: STS)(FRANKFURT: 5XS) ("StoneShield" or the "Company") is pleased to provide shareholders with results of recent field reconnaissance sampling at the Company-s Goldtooth project, Inyo County, CA.StoneShield-s key geological consultant spent five days at Goldtooth over the winter holiday break as part of the Company-s due diligence prior to executing on the Goldtooth option (ann
Starcore Repays US$3.2 Million Debt One Year Ahead of Schedule