VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — OTTERBURN VENTURES INC. (CNSX: OTB) (the "Company" or "Otterburn") announces that, following the review of the Company-s initial exploration results relating to the Singida gold project, it has determined that it will not be proceeding with the exercise of its option to acquire up to a 70% interest in certain primary mining licenses and prospecting licenses in Tanzania as previously announced on May 29, 2011. After
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Empire Mining Corporation (TSX VENTURE: EPC) ("Empire") is pleased to announce the results of the first assays from underground diamond drilling at its 100% owned Bulqiza chromite project in Albania.Drill hole ETH-002, collared at -50 degrees returned a weighted mean assay of 41.98% Cr2O3 over an intersected width of 4.85 metres, with a chrome to iron ratio of 3.24:1. Combined with the low alumina and high magnesia obtained,
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Salazar Resources Ltd. (TSX VENTURE: SRL)(FRANKFURT: CCG) announces the granting of director stock options for the purchase of up to 78,000 shares, at a price of $0.92 per share, for a term of three years.ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITEDFredy Salazar, President & CEOSalazar Resources LimitedAbout Salazar Resources: Salazar Resources Ltd. is a publicly-listed (TSX VENTURE: SRL)(FRANKFURT: CCG) mineral resource com
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE: WOF)(OTCQX: WFEMF) has commissioned PricewaterhouseCoopers to perform a detailed analysis and valuation of its Sangdong Tungsten Molybdenum Project. This valuation will be used to ensure any transaction for Sangdong would realize true shareholder value.Woulfe Mining has achieved a number of key milestones which could positively impact the valuation. In ad
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Sutter Gold Mining Inc. (TSX VENTURE: SGM) ("Sutter" or the "Company") is pleased to announce that it has closed on an agreement with RMB Australia Holdings ("RMBAH") wherein RMBAH will provide a secured prepaid gold facility to Sutter in the amount of US $20 million (the "Facility") (see press release dated June 22, 2011). The final delivery price is $941.50 per ounce, resulting in total conside
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Sandstorm Gold Ltd. ("Sandstorm") (TSX VENTURE: SSL) is pleased to announce the commencement of commercial production at SilverCrest Mines Inc.-s ("SilverCrest") (TSX VENTURE: SVL) Santa Elena Mine ("Santa Elena"), located in Sonora, Mexico. Under the Gold Purchase Agreement with SilverCrest, Sandstorm is entitled to purchase 20% of the life of mine gold produced from Santa Elena at a per ounce price equal
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Rogue Resources Inc. (TSX VENTURE: RRS) (the "Company") announces it has signed a drill contract with Orbit Garant Drilling Inc. (TSX: OGD) for a minimum of 10,000 meters of drilling on the Company-s flagship Radio Hill Iron Ore property, located 85 km southwest of Timmins, Ontario. Drilling is expected to be completed in 2011 and will culminate with an updated resource estimate on the Radio Hill historical resource(i). The c
RENO, NEVADA — (Marketwire) — 07/14/11 — Western Lithium USA Corporation (TSX: WLC)(OTCQX: WLCDF) ("Western Lithium" or the "Company") is pleased to announce that the 2010 and 2011 drill program has resulted in a significant increase to the project-s resource size. The resource for Stage I is now defined by approximately 200 drill holes that have all intersected lithium bearing clays. It is expected that the new resource will provide for increased feedstock grade to the
MONTREAL, QUEBEC — (Marketwire) — 07/14/11 — Majescor Resources Inc. (TSX VENTURE: MJX) ("Majescor" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") of up to 15,000,000 units (the "Units") at a price of $0.20 per Unit for gross proceeds of up to $3,000,000. Each Unit will consist of one common share (a "Share") in the capital of Majescor and one-half of a common share purchase warrant (a "Warran
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Prophecy Platinum Corp. (TSX VENTURE: NKL)(PINK SHEETS: PNIKD)(FRANKFURT: P94P) ("Prophecy Platinum" or the "Company") is pleased to announce the receipt of an independent National Instrument (NI) 43-101 compliant report and mineral resource estimate for its Wellgreen PGE-Ni-Cu property located in the Yukon Territory, Canada. The report is authored by Todd McCracken, P.Geo., of Wardrop Engineering Inc., a Tetra Tech
