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Mining & Metals

Canaco Drills 35.0 Metres at 6.45 Grams Per Tonne Gold in the Western Lodes and 55.3 Metres at 3.19 Grams Per Tonne Gold on the Magambazi Main Lode 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/14/11 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") is pleased to announce new assay results from diamond drilling at the Magambazi gold discovery on the Company-s Handeni project in Tanzania.Canaco continues extensive delineation drilling at Magambazi, with significant additional infill and extension intercepts as highlighted below. Two additional diamond drill rigs have been added to the program,

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Southeast Asia Mining Closes $3.4 Million Private Placement 0

TORONTO, ONTARIO — (Marketwire) — 10/13/11 — Southeast Asia Mining Corp. (the "Company") announces that the Company has closed its previously announced non-brokered private placement announced on August 11, 2011. The Company raised a total of $2,511,138 in cash in the private placement and converted $922,480 in outstanding payables through the issuance of 137,344,697 units, of which 36,899,197 units were issued on conversion of outstanding accounts payable which included 27,200,00

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Zoro Mining Reduces Its Debt and Strengthens Balance Sheet 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/13/11 — Zoro Mining Corp. (OTCBB: ZORM) is pleased to announce that on October 5, 2011 the Board of Directors of Zoro Mining Corp., a Nevada corporation (the "Company"), authorized the settlement of debt, consisting of outstanding convertible notes, advances, promissory notes, services, accrued interest and other amounts totaling US$1,090,737 (the "Debt"). Under the terms of the approved agreements the Company will satisfy

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Aurora Gold Corp Announces the Appointment of Agustin Gomez de Segura as Chairman of the Board and Ross Doyle as Director and CFO 0

ZUG, SWITZERLAND — (Marketwire) — 10/13/11 — Aurora Gold Corporation (the "Company," or "Aurora") (OTCQB: ARXG), is a mineral exploration company focusing on exploration and development in the Tapajos Gold Province, State of Pará, Brazil.The Board of Directors (the "Board") of Aurora is pleased to announce the appointment of Agustin Gomez de Segura as Chairman of the Board.The Board of Aurora is also pleased to announce the appointment of Ross Michael Do

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Explor to Begin 3,000 Meter Diamond Drill Program on Properties in New Brunswick 0

ROUYN-NORANDA, CANADA — (Marketwire) — 10/13/11 — Explor Resources Inc. (TSX VENTURE: EXS) (PINK SHEETS: EXSFF) (FRANKFURT: E1H) is pleased to announce the beginning of a 3,000 meter drilling program on the Moose Brook, Mount Villebon and Gold Brook properties located in north central western New Brunswick, about 80 to 95 kilometers west of the city of Bathurst. The properties are underlain by Early Devonian rhyolites, dacites, sediments and mafic volcanic rocks of the Wapske Formation in t

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Orbite Changes its Name to Orbite Aluminae and Confirms Trading Date on the Toronto Stock Exchange 0

MONTREAL, QUEBEC — (Marketwire) — 10/13/11 — Exploration Orbite VSPA Inc. ("Orbite" or the "Company") (TSX VENTURE: ORT.A) is pleased to announce that effective at the open of markets on October 17, 2011, the Company will be re-named "Orbite Aluminae Inc.". The name change will not impact the Company-s organizational structure or day-to-day operations."The new name Orbite Aluminae reflects more accurately Orbite-s current activities as an alumina extractio

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Zone Discovers a New Iron Target and Expands Girard Property 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/13/11 — Zone Resources Inc. (TSX VENTURE: ZNR)(FRANKFURT: 7ZR) (Zone) is pleased to announce the discovery of a further 6 kilometer zone of magnetite iron formation and the expansion of the Girard Property by the staking of an additional 30 claims. The Girard Property is located in the Labrador Trough of Northern Quebec.An extensive magnetite zone was discovered by the ground-checking of a magnetic anomaly located at the extreme edge of the re

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Entourage Metals (TSX VENTURE: EMT) Commences Drilling at High-Grade Black Raven Gold Property, Hemlo District, Ontario 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/13/11 — Entourage Metals Ltd. (TSX VENTURE: EMT) (the "Company") is pleased to announce that drilling has commenced at the Black Raven project in the Hemlo Region of NW Ontario. This initial phase will include up to ten diamond drill holes totaling 2,000 meters. Drilling will initially target areas of high grade rock and soil samples, including the Super G Prospect which returned values that included 734 g/t and 150 g/t Au from quart

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Crescent Gold Board Changes 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/13/11 — Crescent Gold Limited (TSX: CRA)(ASX: CRE)(FRANKFURT: CZ8) is pleased to advise that Don Taig, Chairman of Focus Minerals Limited (ASX: FML)(FRANKFURT: FZA), has joined the Crescent Board, effective immediately.Focus Minerals successfully completed its off-market takeover of Crescent Gold earlier this month. The offer was strongly supported with 82.5% shareholder acceptance.Mr Taig has significant mining and executive management experi

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Canadian Silver Hunter Announces $600,000 Non-Brokered Private Placement 0

TORONTO, ONTARIO — (Marketwire) — 10/13/11 — Canadian Silver Hunter Inc. ("CSH") (TSX VENTURE: AGH) is pleased to announce that it intends to complete a non-brokered private placement financing of up to 1,714,285 flow-through units (the "Units") at a price of $0.35 per Unit for gross proceeds of up to $600,000 (the "Offering").Each Unit will consist of one common share in the capital stock of CSH ("Common Share") issued on a flow-through basis and one

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