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Mining & Metals

Field Assessment of Nickel Targets on Diamonds North-s Amaruk Property 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/12/11 — Diamonds North Resources Ltd. (TSX VENTURE: DDN) reports that Minerals and Metals Group (MMG) has informed the Company that they have mobilized a field crew to conduct lake-bottom sediment sampling to follow-up on preliminary EM anomalies identified from the survey recently completed on the Amaruk nickel project in Nunavut (see news release July 14, 2010). To view a presentation on the nickel potential at Amaruk visit our website .MMG

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Khan Files Third Quarter 2011 Financial Results 0

TORONTO, ONTARIO — (Marketwire) — 08/12/11 — Khan Resources Inc. (TSX: KRI) ("Khan" or "the Company") announced today that it has filed its financial statements and management-s discussion and analysis for the three and nine month periods ended June 30, 2011 on SEDAR and has posted these documents to its website .Highlights for the third quarter include:Khan Resources Inc. is a Canadian company engaged in the acquisition, exploration and development of uranium properties

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IEMR Update for Current Exploration Program at Pine Tree 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/12/11 — IEMR Resources Inc. (TSX VENTURE: IRI) is pleased to report that the 2011 drilling program has been completed on the Pine Tree Project near Mina, Nevada.Nine diamond drill holes totaling 5652.7 meters (18,545.5 feet) have been completed as part of the program. The table below lists the completed holes and their locations can be seen in figure 1 (). This brings to total drilling on the property since 2005 to 14,069.7 meters (43,797.5 fe

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Gowest Closes $2.9 Million Private Placement 0

TORONTO, ONTARIO — (Marketwire) — 08/12/11 — Gowest Gold Ltd. ("Gowest" or the "Company") (TSX VENTURE: GWA)(OTCBB: GWSAF) announces that it has closed its previously announced private placement (the "Offering"). Pursuant to the Offering, the Company issued and sold: (i) 7,022,930 flow-through common shares of the Company, at a price of $0.285 per share, for aggregate gross proceeds of $2,001,535; and (ii) 3,600,000 units ("Units") of the Company, at

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Midlands Minerals Corp.: Update on Financing 0

TORONTO, ONTARIO — (Marketwire) — 08/12/11 — Midlands Minerals Corp. ("Midlands" or the "Company")(TSX VENTURE: MEX) announces that BayFront Capital Partners Ltd. and Delano Capital Corp. ("Bayfront" or the "Agent") have exercised their option to increase the size of the previously announced financing to $7,500,000. The Offering has been fully subscribed.Closing of the private placement is subject to a number of conditions, including the receipt of ap

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Corvus Gold Announces Commencement of 2011 Drill Program at the Terra Project, Alaska 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/12/11 — Corvus Gold Inc. ("Corvus" or the "Company") (TSX: KOR)(OTCQX: CORVF) announces the commencement of a 2011 drill program at its Terra Gold Project in western Alaska. The Company has been informed by its joint venture partner, WestMountain Index Advisor, Inc. ("WestMountain"), that drilling is now underway targeting the north extension of the high-grade Ben Vein system previously drilled by International To

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Pershimco Releases Additional Positive Results on the Quemita Target With 100 Meters Grading 1.02 g/t Gold Equivalent at the Cerro Quema Project (Panama) 0

ROUYN-NORANDA, QUEBEC — (Marketwire) — 08/12/11 — PERSHIMCO RESOURCES INC. (the "Company" or "Pershimco")(TSX VENTURE: PRO)(FRANKFURT: BIZ) is pleased to announce additional assay results from the 2011 exploration campaign at the Company-s Cerro Quema Gold-Copper Project (the "Project") in Panama. The new assay results at the Quemita Target yielded 100 meters at 1.02 g/t Gold Equivalent, 64 meters at 2.05 g/t gold Equivalent and 47 meters at 1.43 g/t Gold Equiv

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First Quantum Minerals Announces Chief Financial Officer-s Resignation 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/12/11 — First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM)(LSE: FQM) today announced that its Chief Financial Officer, Mark Bolton, has advised the Company of his resignation from his position in order to pursue personal business opportunities.The Company has commenced an executive search to replace Mr. Bolton, who will continue in the role of Chief Financial Officer in order to facilitate the transiti

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Caledonia Mining 2011 Second Quarter and Half Year Results and Management Conference Call 0

TORONTO, ONTARIO — (Marketwire) — 08/12/11 — Caledonia Mining Corporation ("Caledonia") (TSX: CAL)(OTCBB: CALVF)(AIM: CMCL) is pleased to announce its second quarter and half year 2011 operating and financial results.The financial results below are reported in Canadian dollars, except where otherwise stated.Commenting on the results, Stefan Hayden, President and CEO, said: "Caledonia has had a very strong performance for the second quarter and first half of 2011. The further

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