A first in the Quebec mining industry
TORONTO, ONTARIO — (Marketwire) — 10/17/11 — Takara Resources Inc. ("Takara" or the "Company") (TSX VENTURE: TKK) announces that over the past few months the Company has been working on data compilation of the Arakaka Gold Project, NW Guyana, South America, as well as following up on targets identified by the prior operators, which includes improving the access and infrastructure in furtherance of an extensive sampling, trenching and diamond drilling campaign. The area o
WELLINGTON, NEW ZEALAND — (Marketwire) — 10/17/11 — Glass Earth Gold Limited (TSX VENTURE: GEL)(NZAX: GEL) ("Glass Earth") today announces that it has closed the second and final tranche of its previously announced non-brokered Private Placement. A total of 602,000 Units have been sold at a price of $0.55 per unit for gross proceeds of C$331,100.Each Unit consists of one common share and one half of a common share purchase Warrant. Each whole Warrant entitles the holder to purchas
MONTREAL, QUEBEC — (Marketwire) — 10/17/11 — Stellar Pacific Ventures Inc. (the "Company") (TSX VENTURE: SPX) announces that is has arranged a non brokered private placement financing to raise proceeds of $750,000.The Company will issue a maximum of 10,000,000 units (the "Unit(s)") at a purchase price of $0.075 each. Each Unit will consist of one common share and one common share purchase warrant (the "Warrant"). Each Warrant will entitle the holder to purchase
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/17/11 — La Ronge Gold Corp. (TSX VENTURE: LAR) -HighlightsTotal Land Package:Preview SW Deposit:Twin Deposit:La Ronge Gold Corp. ("the Company") is pleased to announce the signing of an option agreement to acquire a 100% interest in 24 mineral claims ("the optioned claims") totalling 12,419 hectares (30,688 acres) from a private Saskatchewan-based company. Over five years and upon confirming 1,000,000 ounces of gold in an N
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/17/11 — Mexivada Mining Corp. (TSX VENTURE: MNV)(OTCBB: MXVDF)(FRANKFURT: M2Q) is pleased to report that it has discovered a significant new zone of quartz-ankerite veining mineralization on its Golden Porcupine property, along the Deloro Fault zone sector, just south of the Dome-Aunor-Delnite mines complex of Goldcorp and other local companies at Timmins, Ontario. New trenching has exposed new outcrops with a zone of quartz veining, presently
— 31 additional drill holes focused on expanding and outlining open pit potential — Potential to access other zones from Parallel Zone — Resource estimate expected to change if open pit potential is realized
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/17/11 — Esperanza Resources Corp. (TSX VENTURE: EPZ)(PINK SHEETS: ESPZF) is pleased to provide this update on its Cerro Jumil, Mexico project. An additional 5,566 meters of drilling has now been completed since the start of the current campaign for a project total of over 47,148 meters. The current program is designed to evaluate areas adjacent to the known resources and to fill-in those areas now classified as inferred resource. Highlights of
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/17/11 — North American Nickel Inc. (TSX VENTURE: NAN)(OTCBB: WSCRF) (CUSIP:65704T 108) – North American Nickel ("NAN") is pleased to provide an update on the SkyTEM survey on its Greenland property.The SkyTEM system arrived in Maniitsoq on September 15, flying commenced on September 17 and the survey was completed on October 6. In all, a total of 2,217 line-kilometers of electromagnetic and magnetic surveying was done over two flight
PERTH, AUSTRALIA — (Marketwire) — 10/17/11 — Emerging African gold developer Luiri Gold Limited (TSX VENTURE: LGL)(ASX: LGM) ("Luiri" or "Company") announces that the Zambian Ministry of Mines and Mineral Development has reinstated the Company-s Large Scale Mining License LML 48 ("LML 48"). LML 48 contains the Matala and Dunrobin gold deposits in the Company-s Luiri Hill Deposit. The Company is able to immediately recommence full-scale exploration and developme
