back to homepage

Mining & Metals

Greencastle Resources Ltd.: Unsolicited Offer by Zara Cease-Traded 0

TORONTO, ONTARIO — (Marketwired) — 09/16/13 — Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE: VGN) is pleased to announce that the Quebec Bureau de Decision et de Revision has issued a cease-trade order against the unsolicited offer by Zara Resources Inc. ("Zara") to purchase all of the issued and outstanding common shares of Greencastle, Visible Gold Mines Inc. ("Visible") and Altai Resources Inc. ("Altai").The dec

Read More

Reunion Gold Corporation Receives $5.2 Million on Termination of the Lely Option Agreement 0

LONGUEUIL, CANADA — (Marketwired) — 09/16/13 — Reunion Gold Corporation (TSX VENTURE: RGD) (the "Company") announces that the Company and Grasshopper Aluminum Company N.V. ("Grassalco") have terminated the option agreement under which the Company was entitled to acquire from Grassalco the Lely gold project in Suriname. In consideration for the early termination, Grassalco paid to the Company a gross amount of $5.2 million, which amount represents the exploration costs sp

Read More

Carlin Starts Cortez Summit Core Drilling Program 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/16/13 — Carlin Gold Corporation (TSX VENTURE: CGD), ("Carlin" or the "Company") is pleased to report that it has initiated a core drilling program on its Cortez Summit property ("Cortez Summit" or the "Property"), Eureka County, Nevada. The program will consist of entering and deepening one or two of the reverse circulation holes completed in 2012 on the west side of the Property and is designed to test

Read More

Woulfe Mining Completes $1.0 Million Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/16/13 — Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE: WOF) (OTCQX: WFEMF) (FRANKFURT: OZ4) is pleased to announce that it has completed the its non-brokered private placement as announced on August 23, 2013, placing an aggregate of 10,000,000 units (the "Units") of the Company at a price of $0.10 per Unit for aggregate gross proceeds of $1,000,000 ("the " Offering"). The Units were

Read More

Solid Resources Expands Advisory Board 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/16/13 — Solid Resources Ltd. ("Solid" or the "Company") (TSX VENTURE: SRW)(FRANKFURT: YRS) is pleased to announce the appointment of Mr. Karl B. Douglas to its Advisory Board.Mr. Douglas has over 20 years- experience in finance and management gained at Salomon Brothers, Bear Stearns, JP Morgan and Merrill Lynch. Mr. Douglas is the founder and CEO of Terra Nova Resources Holdings. This company is the majority shareholder an

Read More

Flinders Announces Blair Way as President & CEO 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/16/13 — Flinders Resources Limited ("Flinders") (TSX VENTURE: FDR) announces the appointment of Mr Blair Way as President & Chief Executive Officer. Mr Way has accepted the position following the resignation of Mr Martin McFarlane.Mr Way-s background is well suited as Flinders transitions from a technical study stage to considering the production scenarios available to it. Mr Way is a seasoned resource professional with a career

Read More

Ucore Receives USFS Permitting for Bokan – Dotson Ridge Field Program 0

HALIFAX, NOVA SCOTIA — (Marketwired) — 09/16/13 — Ucore Rare Metals Inc. (TSX VENTURE: UCU) (OTCQX: UURAF) ("Ucore" or "the Company") is pleased to report that the United States Forest Service ("USFS") has approved permitting for Ucore-s upcoming field program at the Company-s Bokan – Dotson Ridge Project in South East Alaska. The planned fieldwork will generate baseline information required for the completion of the final Bankable Feasibility Study, as well a

Read More

AXMIN-Update on the Central African Republic Operations 0

TORONTO, ONTARIO — (Marketwired) — 09/16/13 — AXMIN Inc. (TSX VENTURE: AXM) ("AXMIN" or the "Company") wishes to provide an update on its operations in the Central African Republic ("CAR").Passendro Gold ProjectOn August 29, 2013, the Company received a letter (the "Letter") dated August 19, 2013 from the Government of the CAR (the "Government") stating that the Company is in violation of certain provisions of the April 29, 2009 Mining Code

Read More

Colorado Adds Second Drill Rig and Commences Phase III Drilling at North ROK 0

WEST KELOWNA, BRITISH COLUMBIA — (Marketwired) — 09/16/13 — COLORADO RESOURCES LTD. (TSX VENTURE: CXO) ("Colorado" or the "Company") is pleased to announce that it has completed the Phase II drill program and commenced a Phase III drill program at its 100% owned North ROK property (the "Property").The recently completed Phase II drill program was on budget at $2 million and totalled 5,393 metres. The Company was able to achieve 400 metres of additional meterage

Read More

KWG Resources Inc.: Business Plan for ONR Development of Ring of Fire 0

TORONTO, ONTARIO — (Marketwired) — 09/16/13 — KWG Resources Inc. (TSX VENTURE: KWG) has previously advised the Minister of Northern Development and Mines (MNDM) that it would support the business plan proposed by the "New Deal" of the General Chairperson-s Association (GCA) representing unionized employees at Ontario Northland.It is a simple plan:Developing the Ring of Fire with a Northern Ontario transportation utility:Cause of the delay:After staking the right-of-way claims and

Read More