TORONTO, ONTARIO — (Marketwired) — 12/12/13 — . (TSX: AVL)(NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to report that metallurgical process optimization work on its Nechalacho Rare Earth Elements ("REE") Project, Thor Lake, NWT (the "Nechalacho Project") is yielding improved flotation and hydrometallurgical recoveries, which are expected to beneficially impact project economics.The combined test results of the updated flowsheets for both the
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/12/13 — Tasman Metals Ltd. ("Tasman" or the "Company") (TSX VENTURE: TSM)(NYSE MKT: TAS)(FRANKFURT: T61) and Flinders Resources Limited (TSX VENTURE: FDR) ("Flinders") are pleased to announce they have initiated preliminary negotiations with regard to a potential merger of the two companies (the "Potential Merger"). Under the terms being considered, Tasman may acquire all of the outstanding common share
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/12/13 — Corex Gold Corp. ("Corex" or the "Company") (TSX: CGE) is pleased to announce results from drill hole SNT-DH0001 provided by its joint venture partner Vale Exploraciones Mexico S.A. de C.V. ("Vale"), a wholly-owned subsidiary of Vale S.A. (please refer to NR 02-13 and to NR 05-13). This first hole of a 4000 m first phase drill program has intersected a significantly mineralized copper-gold-silver system i
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/12/13 — Caribou King Resources Ltd. ("Caribou" or the "Company") (TSX VENTURE: CKR)(OTCBB: CBULF) is pleased to announce the acquisition of the Montpellier graphite property, located approximately 67 kilometers north-northeast of Ottawa, Ontario. The property hosts graphite mineralization in a zone 15 meters wide, and exposed through historical drilling and trenching over a strike length of 250 meters. Historical drilling
TORONTO, ONTARIO — (Marketwired) — 12/12/13 — Northern Sun Mining Corp. (TSX: NSC) (formerly Liberty Mines Inc.) has entered into a binding custom milling term sheet with Wallbridge Mining Company Limited (TSX: WM) to provide for the custom milling of ore from Wallbridge-s Broken Hammer mine. Pursuant to the terms of the agreement, Northern Sun will be responsible for the handling and milling of ore. The agreement is for approximately a one year term based on a minimum of 800 tonnes per day
BOCA RATON, FL — (Marketwired) — 12/12/13 — New World Gold Corporation (PINKSHEETS: NWGC), a gold mining and milling company with operations in Ecuador and Peru, has committed to a new mill in January, 2014. The Company has completed an environmental report that will allow it to move ahead with the new mill. The new mill is expected to be operational in February, 2014. Initial production capability of the mill is expected to be 100 tons of ore per day with an average grade of 10 grams of gol
HONG KONG, CHINA — (Marketwired) — 12/12/13 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) (the "Company"). Reference is made to the announcements of the Company dated November 8, 2013, November 11, 2013 and November 14, 2013 in relation to the decision by the Company-s board of directors (the "Board") to approve the restatement of the Company-s consolidated financial statements for 2011 and 2012. The Company today announced its restated financial and operating result
Combination expected to provide greater growth, flexibility and higher free cash flows to Teranga and guaranteed ounce delivery to Franco-Nevada with potential to share in Teranga-s exploration success
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/12/13 — Candente Copper Corp. (TSX: DNT)(LMA: DNT)(PINKSHEETS: CCOXF) ("Candente Copper" and/or the "Company ) is pleased to announce that Compania Minera Zahena S.A.C. (Zahena), has entered into an Option Agreement (the "Agreement") with Cobriza Metals Peru ("Cobriza") for its Arikepay copper-gold porphyry project, located in southern Peru. Cobriza is a wholly owned subsidiary of Candente Copper."We ar
KIRKLAND LAKE, ONTARIO — (Marketwired) — 12/12/13 — Kirkland Lake Gold Inc. (the "Company") (TSX: KGI)(AIM: KGI), an operating and exploration gold mining company, announces operational and financial results for the second quarter of its fiscal year 2014 (August, September, October 2013).Mr. Harry Dobson, Chairman commented, "Subsequent to quarter-end, executive management changes were announced. Chief Operating Officer Mark Tessier resigned and George Ogilvie was appointed C