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Mining & Metals

Calypso Uranium Announces Uranium Mineralization Discovery at the San Jorge Basin Project and Provides an Update of the Neuquen Basin Drilling Programs 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/11 — CALYPSO URANIUM CORP. (TSX VENTURE: CLP) ("Calypso" or the "Company") – Calypso President Stephen Barley is pleased to announce that Energia Mineral Inc. ("Energia Mineral"), Calypso-s wholly owned subsidiary in Argentina, has discovered surface uranium mineralization at the San Jorge Basin Project, and that preliminary assessments of geological information from the Neuquen Basin drilling programs confirm

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Open Pittable 1.1 Billion Tonnes at 9.36% K2O Added to Cerrado Verde Potash Project, Brazil 0

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

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Northcore Resources Signs a Letter of Intent to Purchase a 50% Interest in the Little Monster Property With Vanstar Mining Resources 0

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

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Champion Minerals- Drilling at Fire Lake North Nears Completion and Continues to Delineate High-Grade Zones of Coarse-Grained, Specular Hematite-Rich Mineralization 0

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&

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INV Metals Files Technical Report on the Okohongo Deposit, Namibia 0

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

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Pilot Gold Announces New Gold Discovery at Brik Project in Emerging Stateline District, Nevada 0

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

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Conquest Intersects New Shear Zone in Drilling Program at Red Lake 0

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

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Silvercorp Reports Net Income Up 82% to $25.6 Million or $0.15 Per Share and Cash Flow Up 46% to $33.9 Million or $0.19 Per Share for 1st Quarter of Fiscal 2012 0

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

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Timmins Gold Announces Appointment of New Director and Chair of Audit Committee 0

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

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Molycor Gold Corp.: Resource and Block Modeling Analysis Completed for the Tami-Mosi Magnesium Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/11 — Edward Lee, President of Molycor Gold Corp. (TSX VENTURE: MOR)(PINK SHEETS: MLYFF)(FRANKFURT: M1V) ("Molycor" or the "Company"), is pleased to report that the Company has acquired 13 new mineral claims on its 100% owned Tami-Mosi Magnesium Project located in the Schell Creek Range of White Pine County near Ely, Nevada. Wardrop, a Tetra Tech Company (Wardrop) has completed an updated block modeling and resource analy

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