SUDBURY, ONTARIO — (Marketwire) — 08/03/11 — Falcon Gold Corp. (TSX VENTURE: FG) ("Falcon") is pleased to announce the signing of a Letter of Intent ("LOI") whereby, subject to satisfactory results of final due diligence, Falcon can acquire up to a 70% interest in the Maki Midas Property from Markinch Resources Inc. The Maki Midas Property is located in Vincent Township, approximately 120 kilometres northeast of Thunder Bay and is located within the Thunder Bay Mining Di
TORONTO, ONTARIO — (Marketwire) — 08/03/11 — Verde Potash (TSX VENTURE: NPK) ("Verde" or the "Company") is pleased to announce that the Company has received an independent resource estimate for the Cerrado Verde Potash Project located in Minas Gerais State, Brazil ("Cerrado Verde"). The estimate comprises an indicated resource of 74 million tonnes of K2O with an average grade of 9.22% K2O and an inferred resource of 1.07 billion tonnes of K2O with an average gr
MONTREAL, QUEBEC — (Marketwire) — 08/03/11 — Norhcore Resources Inc. (TSX VENTURE: NCR) is pleased to announce that it has signed a Letter of Intent ("LOI") to enter into a 50% interest purchase and joint venture agreement with Vanstar Mining Resources Inc. (TSX VENTURE: VSR) regarding 20 cells covering an area of 1,100 hectares comprising the Little Monster property ("Little Monster") located in Chibougamau, Quebec. The LOI is subject to the signature of a Joint Venture
TORONTO, ONTARIO — (Marketwire) — 08/03/11 — CHAMPION MINERALS INC. (TSX: CHM)(FRANKFURT: P02) ("Champion", or the "Company") is pleased to announce assay results recently received for diamond-drill holes completed at the Fire Lake North Project. Highlights of assay results from nineteen new holes are detailed in Table 1, including eight holes drilled in the proposed East Pit area ("East Area"), five holes drilled in the proposed West Pit area ("West Area&
TORONTO, ONTARIO — (Marketwire) — 08/03/11 — INV Metals Inc. ("INV Metals" or the "Company") (TSX: INV) announced that it has filed a Technical Report entitled "Technical Report on the Okohongo Copper-Silver Property in Northwest Namibia" ("Technical Report") with Canadian securities regulators, pursuant to the Company-s news release dated June 22, 2011.The initial inferred resource estimate at the Okohongo deposit totals 10.2 million tonnes grading 1
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/11 — Pilot Gold Inc. (TSX: PLG) ("Pilot Gold" or the "Company") is pleased to report a new gold discovery at its 100% owned Brik Project in southeast Nevada. The first holes drilled on the Hidden Treasure Target have intersected wide intervals of near surface oxide gold mineralization from a sub-horizontal zone that remains open in all directions.Highlights from the Hidden Treasure target area include:Intervals were calc
TORONTO, ONTARIO — (Marketwire) — 08/03/11 — Conquest Resources Limited (TSX VENTURE: CQR) reports that the Company has intersected a new shear zone containing significant sulphide mineralization in the ongoing 2011 Exploration Drilling Program at the Company-s 100% owned Alexander Gold Project in Red Lake, Ontario.The new showing was found in hole CR-11-048 located near the southern property boundary approximately 750 metres to the southeast of the central Sulphide Shear Zone which Conques
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/11 — Silvercorp Metals Inc. (TSX: SVM)(NYSE: SVM) ("Silvercorp" or the "Company") today reported its unaudited financial and operating results for the first quarter ended June 30, 2011 ("Q1 2012"). Record silver production, coupled with increasing silver prices, resulted in record quarterly sales. The following financial results are expressed in US dollars (US$) unless stated otherwise.FIRST QUARTER HIGHLIGHTSF
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/11 — Timmins Gold Corp. (TSX: TMM) ("Timmins Gold") is pleased to announce the appointment of Paula Rogers, CA as a member of our Board of Directors, and the Chair of the audit committee, effective immediately.Ms. Rogers is a Chartered Accountant and brings over 15 years experience working for Canadian-based international public companies in the areas of treasury operations, tax planning and compliance, mergers and acquisitions an
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/11 — Meadow Bay Gold Corporation ("Meadow Bay Gold") (TSX VENTURE: MAY)(PINK SHEETS: MBYCF)(FRANKFURT WKN: A1C3DN) has completed five core drill holes for a total of 3,854 feet (1,156 metres) of drilling on the Atlanta Gold Mine project and are currently on the sixth and last verification hole. The drill program is in accordance with recommendations made by Gustavson Associates, LLC of Boulder, Colorado – who have been retained to