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Mining & Metals

Garrison Acquires Nallaa Prospect 0

TORONTO, ONTARIO — (Marketwire) — 08/18/11 — Garrison International Limited (TSX VENTURE: GAU) ("Garrison" or the "Company"), is pleased to announce the acquisition of the Nallaa Prospect in central Mongolia. The property covers an area of 73 km2 in the Dundgobi Region of Central Mongolia, which is a known coal basin with additional possible uranium mineralization.The property has been acquired through the acquisition of Dehroy Financial Advisory LLC ("Dehroy")

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Lions Gate Metals Inc.: Phase I Drill Program Expands Mineralization at Poplar 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/18/11 — Lions Gate Metals Inc. (TSX VENTURE: LGM) ("Lions Gate" or the "Company") reports that the Winter 2011 Diamond Drill Program at Poplar Project has expanded mineralization laterally and to depth.The 13 diamond drill holes at the Poplar site confirm a copper-gold porphyry deposit, similar to the mineralization at Imperial Metal-s Huckleberry Mine and the copper-gold deposit at the closed Bell Copper Mine located near

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Seafield Appoints CFO and Announces Two New Hires for Its Colombia Operations 0

TORONTO, ONTARIO — (Marketwire) — 08/18/11 — Seafield Resources Ltd. ("Seafield" or the "Company") (TSX VENTURE: SFF) is pleased to report that Stephanie Ashton has been appointed Chief Financial Officer of the Company. Mrs. Ashton, who is fluent in Spanish and French, has an MBA in International Tax and Legal Strategy from HEC Paris, an M.Sc. in Mineral Economics from the Universidad de Chile, has provided consulting and management services to mining exploration compani

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Golden Phoenix Completes Note Settlement With Win-Eldrich for 2% Ashdown Royalty, 3 Million Shares WEX Stock, 1.25 Million Shares of American Mining Corporation; Board Seat on WEX 0

SPARKS, NV — (Marketwire) — 08/18/11 — Golden Phoenix Minerals, Inc. (the "Company") (OTCBB: GPXM) is pleased to announce that on August 14, 2011, it entered into a definitive Termination, Settlement and Release Agreement with Win-Eldrich Gold, Inc. ("WEG") and Win-Eldrich Mines Limited, parent company of WEG ("WEX") to settle an outstanding $4.2 million Promissory Note (the "Note") owed to Golden Phoenix in exchange for a 2% net smelter return royalt

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Northaven Geophysical Surveys Underway 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/18/11 — Northaven Resources Corp. (TSX VENTURE: NTV) is pleased to announce that Geotech Limited of Aurora, Ontario, has commenced its helicopter airborne ZTEM survey of the Company-s ALLCO property located approximately 27 km northeast of Revelstoke. With stable clear dry weather in the eastern BC Mountains, it is anticipated that 2-3 days will be required to complete the data acquisition phase of the program. After completing the computation

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Bayport Corporation Announces the Acquisition of the Mineral Claim Rights Located in Utah for the WOW Property and Anticipates Production Beginning No Later Than October 2011 0

SANTA MONICA, CA — (Marketwire) — 08/18/11 — Exit Only, Inc. (PINKSHEETS: EXTO) today announced that its recently acquired Bayport Corporation wholly owned subsidiary, Cosmic American Rare Earth (CARE), Inc. has acquired what the company believes to be high in value, the mineral claim rights of the WOW Property for 10,000,000 restricted shares. This is a placer property which allows for a more simple process of mining to be executed versus lode mining. The WOW Property is located in the Sal

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William Hensley Appointed to Andover-s Board of Directors 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/18/11 — Andover Ventures Inc. ("Andover" or the "Company") (TSX VENTURE: AOX)(OTCBB: AOVTF)(FRANKFURT: R2X), is pleased to announce that William L. Iggiagruk Hensley, has been appointed to Andover-s Board of Directors.Mr. Hensley is a native Alaskan born in Kotzebue, Alaska. He attended the University of Alaska for two years before graduating with a BA from George Washington University in Washington, D.C. He also has an Hon

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Fission Commences 2,000m Drill Program at Dieter Lake Uranium Property, Quebec 0

KELOWNA, BRITISH COLUMBIA — (Marketwire) — 08/18/11 — FISSION ENERGY CORP. ("Fission" or "the Company") (TSX VENTURE: FIS)(OTCQX: FSSIF) is pleased to announce that a C$1.2 Million, 2,000m summer drill program has commenced at its 100% owned Dieter Lake Property in northern Quebec. The drill program plans to test an area east of Vivian Lake, where historical drilling yielded consistent, and relatively high-grade intercepts, ranging from approximately 400 to 3,700 ppm U3O

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NQ Intersects 11.55 t/t Au Over 1.30 Metres at its Lac Shortt Project 0

LAVAL, QUEBEC — (Marketwire) — 08/18/11 — NQ Exploration Inc. (TSX VENTURE: NQE) is pleased to report the results of three holes drilled at its Lac Shortt project (option on a 100% interest), located about 150 kilometres southwest of Chibougamau, Quebec.In June and July, the Company drilled three holes totalling 993 metres. Three other proposed holes could not be drilled on the eastern extension of the mine due to the swampy nature of the ground, but could be drilled during the winter.The t

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Sulliden Continues to Report Positive Drill Results from the Shahuindo Gold/Silver Project 0

– Intersects 1.40 g/t Gold Over 42.3 Metres – Continues to Deepen Oxides

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