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Mining & Metals

VMS Ventures to Raise $2,000,000 in Flow-Through Funds 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/01/12 — VMS Ventures Inc. (TSX VENTURE: VMS) ("VMS") is pleased to announce that it plans to raise up to $2,000,000 through the offer and sale of 4,444,444 flow-through shares ("Flow-Through Shares") of VMS (the "Offering"). The Flow-Through Shares shall be offered at a price of $0.45 per share.The closing of the Offering is expected to occur on, or about, February 22, 2012 and is subject to the completion of form

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Lara Exploration Ltd.: Corporate Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/01/12 — Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company") announces that pursuant to the terms and conditions of the Company-s Stock Option Plan, a total of 1,030,000 incentive stock options exercisable at $1.20 per share for a period of five years have been granted to certain directors, officers, consultants and employees of the Company.About Lara: Lara is an exploration company following the Prospect Gene

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Astur Gold Terminates Merger Agreement and Accepts Break Fee 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/01/12 — Astur Gold Corp. (TSX VENTURE: AST)(FRANKFURT: CDC) ("Astur Gold" or the "Company") has been notified that Gold-Ore Resources ("Gold-Ore") has received a superior acquisition proposal from a third party in relation to the proposed transaction between the Company and Gold-Ore (reference news release dated December 16th, 2011). Astur Gold has notified Gold-Ore that they have elected against exercising their

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Lonestar Engages Investor Relations Consultant 0

TORONTO, ONTARIO — (Marketwire) — 02/01/12 — Lonestar West Inc. (TSX VENTURE: LSI) (the "Company" or "Lonestar") is pleased to announce it has retained the Calgary-based firm, The Howard Group Inc. (the "Howard Group") as its investor relations and financial services advisor, pursuant to an agreement (the "Agreement") entered into between the parties effective February 1, 2012.Since 1988, the Howard Group has provided comprehensive investor and financ

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GDV Resources Inc. Completes Private Placement 0

TORONTO, ONTARIO — (Marketwire) — 02/01/12 — GDV Resources Inc. (TSX VENTURE: GDV.H) (the "Company") announces that it has completed a private placement financing for gross proceeds of $111,000. The Company has issued 2,220,000 common shares at a price of $0.05 per share. The Company plans to complete a second financing of 1,780,000 shares for additional gross proceeds of $89,000.The Financing is subject to final approval from the TSX Venture Exchange. All common shares issued wil

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Barisan Gold Files Initial Abong Resource Technical Report 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/01/12 — Barisan Gold Corporation (TSX VENTURE: BG) is pleased to announce that a technical report on the previously announced National Instrument 43-101 ("NI 43-101") compliant inferred mineral resource estimate for the Abong gold deposit has been filed today on SEDAR. Barisan Gold reported the initial resource by press release on January 9, 2012.The technical report is entitled "Independent Technical Report on the Mineral Resou

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Riverstone Completes Acquisition of 90% Interest in Goulagou and Other Burkina Faso Properties 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/01/12 — Riverstone Resources Inc. (TSX VENTURE: RVS)(OTCQX: RVREF)(FRANKFURT: 3RV) ("Riverstone" or the "Company") is pleased to announce that its acquisition of an indirect 90% interest in the Goulagou, Rounga, Tougou and Youba permits located in Burkina Faso, West Africa (collectively, the "Properties") from Golden Star Resources Ltd. ("Golden Star") is now complete. US$6.6 million of the US$18.6 milli

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Key Gold Holding Appoints Jean Lafleur and Wayne Isaacs to its Board of Directors 0

QUEBEC, CANADA — (Marketwire) — 02/01/12 — Key Gold Holding Inc. (TSX VENTURE: KGH) ("Key Gold") is pleased to announce the appointment of Jean Lafleur and Wayne Isaacs to the Corporation-s Board of Directors; additionally, we regretfully announce the resignations of Roger Rosmus and Rick Bonner from the Board for personal reasons.Mr. Lafleur is a geologist with over 30 years of experience in various capacities, both in Canada and internationally (West Africa, Ecuador and Mexico),

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Golden Reign Acquires El Jicaro Mining Concession, Nicaragua 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/01/12 — Golden Reign Resources Ltd. (the "Company" or "Golden Reign")(TSX VENTURE: GRR) is very pleased to announce that is has acquired a new property, the El Jicaro Concession (the "Concession"), which is located adjacent to and south of the Company-s flagship San Albino-Murra Property, Nueva Segovia, Nicaragua.The El Jicaro Concession encompasses the southwest extension of the mineralized structures currently b

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Golden Touch Resources Corp.: High Priority Drill Targets Identified by Geophysical Surveys at the Rubik Gold Project (PEL 1124) 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/01/12 — Golden Touch Resources Corp. ("Golden Touch" or the "Company") (TSX VENTURE: GOT)(FRANKFURT: 0GT) is pleased to announce that a significant number of high priority drill targets have been identified by induced polarisation geophysical surveys at the Rubik Gold Project (PEL 1124). It is interpreted that high resistivity responses are related to silicified shear zones and shallow intrusves and that high chargeability

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