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Mining & Metals

Avanti Mining Issues Shares in Lieu of Cash for Interest Payable Under Terms of RCF Loan and Grants Stock Options 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/09/13 — Avanti Mining Inc. (TSX VENTURE: AVT)(PINKSHEETS: AVNMF) ("Avanti" or the "Company") announced today that in accordance with the terms of the Amended and Restated Loan Agreement (the "Loan Agreement") dated July 12, 2013, between Avanti, its wholly-owned subsidiary, Avanti Kitsault Mine Ltd., CEF (Capital Markets) Limited, Resource Capital Fund IV, LP ("RCF IV") and Resource Capital Fund VI, LP

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Teras Provides Drill Program Update and Expects Assay Results in the Near Term From Its Cahuilla Gold/Silver Project 0

CALGARY, ALBERTA — (Marketwired) — 10/09/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF): Teras is pleased to report that the Company continues to be very encouraged by the excellent progress of its reverse circulation and deep diamond core drill program at the Cahuilla project in Imperial County, California. We eagerly await the assay results which are anticipated to become available within approximately the next two weeks and will

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Sabina Gold & Silver Announces Positive Preliminary Feasibility Study on Back River Gold Project, Nunavut 0

Significant high-grade gold production, at good margins, in a safe Canadian mining jurisdiction

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Cliffs Appeals Mining and Lands Commissioner Dismissal of Easement Application to Build Road on KWG Claims 0

TORONTO, ONTARIO — (Marketwired) — 10/09/13 — Counsel for KWG Resources Inc. (TSX VENTURE: KWG) ("KWG") has been served with a Notice of Appeal on behalf of the Cliffs Natural Resources Inc. subsidiary ("Cliffs") that recently lost its application to the Mining and Lands Commission.Cliffs had sought an Order to dispense with the consent of KWG for the granting of an easement to Cliffs over mining claims previously staked and assessed by KWG. In a decision released on Sep

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Lake Shore Gold Reports Solid Third Quarter 2013 Operating Results, Announces Completion of Mill Expansion and Achievement of Production Target of Over 3,000 Tonnes Per Day 0

TORONTO, ONTARIO — (Marketwired) — 10/09/13 –Lake Shore Gold Corp. (TSX: LSG)(NYSE MKT: LSG) ("Lake Shore Gold" or the "Company") today announced details of the Company-s operating results for the third quarter and first nine months of 2013. For the third quarter of 2013, the Company reported total gold sales of 32,300 ounces at an average price of US$1,324 per ounce ($1,372 per ounce in Canadian dollars). Gold produced during the third quarter totaled 28,300 ounces, an in

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Allana Potash Granted Mining Licence for the Danakhil Potash Project in Ethiopia 0

TORONTO, ONTARIO — (Marketwired) — 10/09/13 — Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF) ("Allana" or the "Company") is pleased to announce the issue of its Mining Licence for the Danakhil Potash Project (the "Project") by the Ethiopian Ministry of Mines, after receiving approval of the Ethiopian Council of Ministers."Allana is proud to have achieved this major milestone in the development of the Project and very much appreciates the extensive work done

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MineralRite Signs $600,000 Sales Agreement With Asian Corporation 0

LINDON, UT — (Marketwired) — 10/09/13 — MineralRite Corporation (OTCQB: RITE) a North American mineral processor focused on serving the growing and demanding needs of the vast mining industry, today announced entry into the Asian markets by signing a sales agreement with a large Asian Corporation valued at USD$600,000."We are very pleased with this initial contract, shipments will start in the next two weeks and we have committed to complete this contract within 30-60 days." Stated

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Scorpio Gold Produces 9,632 Ounces Gold in Third Quarter 2013 at the Mineral Ridge Operation, Nevada 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/09/13 — Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE: SGN) announces its operating results for the third quarter ("Q3") of 2013 at its 70% owned Mineral Ridge project, located in Nevada.Production in Q3 2013 totalled 9,632 ounces of gold and 3,702 ounces of silver for year-over-year increases of 44.6% and 27.7%, respectively, from Q3 2012. Total gold production for the first three quart

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Bralorne Signs New 2014 Gold Concentrate Sales Contract 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/09/13 — Bralorne Gold Mines Ltd. (TSX VENTURE: BPM)(OTCQX: BPMSF)(FRANKFURT: GV7) ("Bralorne" or the "Company") has entered into a contractual agreement (the "Agreement") for the sale of its gold flotation concentrate produced at the Bralorne mine for the coming year of 2014. Pursuant to the Agreement, the buyer has agreed to provide quarterly advances with the first advance to be approximately $730,000.The advan

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Gold Reach Receives Final Assays for Ox and Summarizes the 2013 Ox Drilling Program 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/09/13 — Gold Reach Resources Ltd. (TSX VENTURE: GRV) (Gold Reach and/or the Company) is pleased to announce that assay results for holes Ox13-125 to 134 from the Ox deposit have been received. The Ox deposit is located 4 kilometres north-northeast of the Company-s West Seel discovery, and both deposits occur on the Company-s 100% owned Ootsa Property located adjacent to the producing Huckleberry Mine south of Smithers, British Columbia.HIGHLI

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