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Mining & Metals

Invenio Begins Exploration on Candle Hills Gold Property 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/11 — Invenio Resources Corp. (TSX VENTURE: IVO) ("Invenio" or the "Company") is pleased to announce commencement of a detailed surface exploration program on the Candle Hills Property, Alaska. Candle consists of 61 claims totaling 9,760 acres and is located 15 kilometres southwest of the village of McGrath and 55 kilometres by road to Invenio-s Ganes Creek Gold Project.The summer work program will consist of geological m

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Oro Mining Intersects Additional High-Grade Gold Mineralization from Its Sonic Drilling Campaign and Releases Multiple Drill Results at Taunus Project, Mexico 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/11 — Oro Mining Ltd. ("Oro Mining", the "Company") (TSX VENTURE: OGR) has announced additional positive drill results and completes the current round of drilling on its Taunus project."Drilling directly below the pit floor has shown that there are mineralized connections between the near surface El Dorado zone and the deeper HS zone, as we previously thought," said John Brownlie, CEO of Oro Mining. "We hav

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Luna Gold Corp. Reports Operational and Financial Results for the Three and Six Months Ended June 30, 2011 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/11 — Luna Gold Corp. (TSX VENTURE: LGC)(BVLAC: LGC) ("Luna" or the "Company") today announces its results for the three and six months ended June 30, 2011. The complete financial statements and management discussions and analysis are available for review at and should be read in conjunction with this news release.OverviewLuna Gold Corp. (the "Company") is a publicly listed company on the TSX Venture Exchange t

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Focus Gold Corp Nears Closing of the Metallum Acquisition 0

RENO, NV — (Marketwire) — 08/08/11 — Focus Gold Corporation (OTCBB: FGLD) and Metallum Resources plc have agreed that for the purposes of setting the Exchange Ratio, a closing date of June 30, 2011 will be used. Based on the Exchange Ratio provided for and expressed in the definitive agreement signed on February 21, 2011, pricing of Focus Gold shares for this purpose was averaged over the 10 day trading period ending on June 23, 2011 which was approximately /share. The foreign exchange rate

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Peregrine Discovers Third Kimberlite at Qilaq; Pipe Size Estimated at 2.5 Hectares 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/11 — Peregrine Diamonds Ltd. ("Peregrine" or "the Company") (TSX: PGD) is pleased to report the discovery of a third kimberlite, named Q3, by reverse circulation ("RC") drilling on the Company-s 100 percent-owned, 437,000 hectare Qilaq project ("Qilaq" or "the Project") on Baffin Island, Nunavut, Canada. Qilaq is located on Hall Peninsula, northeast of Iqaluit, the capital of Nunavut. Additi

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Source Intersects 1.05 g/t Gold, 2.10 g/t Silver and 0.34% Copper (1.69 g/t Gold Equivalent) Over 22.0 Metres at Cinco Senores 0

TORONTO, ONTARIO — (Marketwire) — 08/08/11 — Source Exploration Corp. ("Source" or the "Company") (TSX VENTURE: SOP) is pleased to provide highlights from additional drilling at the Cinco Senores and Las Minillas skarn zones on the Company-s Las Minas Project with highlighted assays of 1.05 g/t Gold, 2.10 g/t Silver and 0.34% Copper (1.69 g/t Gold Equivalent) over 22.0 metres. The Cinco Senores skarn zone is located approximately 730 metres west-northwest of the Las Boqu

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Levon Files Report on Sedar for the First Bulk Tonnage NI 43-101 Compliant Resource at Its Cordero Project in Mexico 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/08/11 — Levon Resources Ltd. ("Levon", or the "Company") (TSX VENTURE: LVN)(BERLIN: LO9)(FRANKFURT: LO9) is pleased to report that further to its news release of June 21, 2011, it has filed its first NI 43-101 compliant report on its bulk tonnage mineral resource for the Company-s wholly owned Cordero Project located 35 km northeast of Hidalgo Del Parral, Chihuahua, Mexico. The resource was completed by Independent Mining C

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Timberline Reports Record Financial Results for Third Quarter 2011 0

COEUR D-ALENE, IDAHO — (Marketwire) — 08/08/11 — Timberline Resources Corporation (TSX VENTURE: TBR)(NYSE Amex: TLR) ("Timberline" or the "Company") today announced consolidated financial results for its third fiscal quarter ended June 30, 2011.Highlights for the third quarter include:A summary of selected financial results is presented in the following table:Paul Dircksen, Timberline-s Chairman and CEO, stated, "We are very pleased with both our financial and explo

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Forbes Coal Adds Experienced General Manager to Management Team 0

TORONTO, ONTARIO — (Marketwire) — 08/08/11 — Forbes & Manhattan (Coal) Corp. (TSX: FMC)(JSE: FMC) ("Forbes Coal" or the "Company") is pleased to announce that Kevern Mattison has joined the Company as General Manager of its Slater Coal operations, based in Dundee, Kwazulu-Natal, South Africa, effective 1 August 2011."Mr. Mattison brings more than twenty years of coal mining experience to Forbes Coal. His project and mine management skills will be an asset to us

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