VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Orsa Ventures Corp. (TSX VENTURE: ORN) ("Orsa" or the "Company") announced today that, based on positive geophysical results from the previously announced Tensor IP survey, the Company has staked an additional 153 claims around the Ashby Property (the Property) in Nevada. Two areas of much higher IP effects have been detected in the survey. The two IP area highs are consistent with the concept of a potential porphyr
TORONTO, ONTARIO — (Marketwire) — 10/12/11 — White Tiger Gold Ltd. ("White Tiger") (TSX: WTG) and Century Mining Corporation ("Century") (TSX VENTURE: CMM) jointly announce that White Tiger has obtained approval from the Government of Canada under the Investment Canada Act in respect of the proposed business combination whereby White Tiger and Century will combine under a plan of arrangement (the "Business Combination") resulting in Century becoming an indirect
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Centurion Minerals Ltd. (TSX VENTURE: CTN) ("Centurion", "the Company") wishes to update its shareholders on the progress of its exploration and drilling activities on the Nareh epithermal gold prospect within the Badak Property in North Sumatra.This epithermal gold prospect, together with porphyry copper and gold-copper skarn prospects (originally announced in a news release dated August 11, 2011), occurs in a 1.2
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Indicator Minerals Inc. (TSX VENTURE: IME) today announced the appointment of Mr. Jonathan Singh as the Company-s new Chief Financial Officer."We are pleased to have Jonathan in the role of CFO at Indicator and I look forward to his contributions to the Company-s strategic and financial planning," says Bruce Counts, President and CEO. "Jonathan-s experience in the resource industry adds further breadth to our management
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Gunpoint Exploration Ltd. (TSX VENTURE: GUN) ("Gunpoint") has commenced a 4,000 meter core drill program on its 100% owned Talapoosa gold-silver project in Nevada. In 2010, Mine Development Associates of Reno, Nevada provided a NI 43-101 compliant Measured + Indicated Resource of 632,000 ounces of gold (0.84 g/tonne Au) and 8,226,000 ounces of silver (11.2 g/tonne Ag), and an Inferred Resource of 326,000 ounces of gold (0.813
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Coronet Metals Inc. (TSX VENTURE: CRF) ("Coronet" or the "Company") announces that it has engaged Doyle Investments Inc. ("Doyle") of Vancouver, British Columbia, pursuant to which Doyle has agreed to provide guidance, marketing and strategic capital markets advice to the Company. These services include building relationships with financial professionals, institutional investors and media contacts.The init
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — (all figures in United States dollars unless otherwise noted) -Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation, ("Eldorado", the "Company" or "we") (TSX: ELD)(NYSE: EGO)(ASX: EAU) is pleased to announce that the Company has entered into a $280 million revolving credit facility with HSBC and a syndicate of four other banks.The credit facility matures on October 12, 2015 an
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Coro Mining Corp. ("Coro" or the "Company") (TSX: COP) is pleased to announce the assay results from the remaining two holes of its recent four hole diamond drilling program, completed at the Nacho Zone of its 100% owned Chacay porphyry copper project. The property is located 12km southeast of Teck Resources Relincho copper project, and 50km east of the city of Vallenar in the III Region of Chile, as shown on the at
VICTORIA, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Newcastle Minerals Ltd. (TSX VENTURE: NCM) is pleased to announce that it has exercised its option early and purchased a 100% interest, subject to a 2% NSR royalty payable to Cadillac Ventures Inc., in its Pickle Lake property. The former Cadillac claims consist of 21 mining claims covering 2,960 hectares located in Connell and Dona Lake townships of the Patricia Mining division in northwestern Ontario.Several of the Cadillac claims are
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Uranium North Resource Corp. ("Uranium North" or the "Company") (TSX VENTURE: UNR) announces the completion of the 2011 drill program on the Company-s 100% owned Mallery project in Nunavut. Five drill holes totaling 750 metres were drilled into three known mineralized zones."All drill holes intersected silica and quartz veining as anticipated. This is very encouraging as gold is associated with silica on the Ma