VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/16/13 — Formation Metals Inc. (TSX: FCO) ("Formation" or the "Company") announced today that it has entered into a share purchase agreement, to sell all of the shares of its indirect wholly-owned subsidiary Formation Metals, U.S. ("FMUS"), whose primary asset is the Sunshine Precious Metals Refinery (the "Refinery"), to Silver Opportunity Partners LLC, a wholly owned subsidiary of Sunshine Silver Mines,
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/16/13 — Eagle Hill Exploration Corporation (TSX VENTURE: EAG)(OTCQX: EHECF) ("Eagle Hill" or the "Company") is pleased to announce that the Company has commenced a 25,000-metre drill program. Three diamond drill rigs started drilling on September 12 with the objective of expanding the existing mineral resource, estimated by SRK Consulting (Canada) Inc. in July 2012 at 538,000 ounces @ 10.05 grams per tonne ("g/t"
MONTREAL, QUEBEC — (Marketwired) — 09/16/13 — Fancamp Exploration Ltd. ("Fancamp")(TSX VENTURE: FNC), Champion Iron Mines Limited ("Champion") (TSX: CHM) and Gimus Resources Inc. ("Gimus") (TSX VENTURE: GIR) are pleased to announce the signing as of today of an agreement between all parties to develop Fancamp-s Lac Lamelee South Iron Project (the "Project") in the Fermont Mining District of northeastern Quebec.Under the proposed transaction, which is
TORONTO, ONTARIO — (Marketwired) — 09/16/13 — Dundee Precious Metals Inc. (TSX: DPM)(TSX: DPM.WT.A) (the "Company" or "DPM") has revised 2013 production guidance for the Tsumeb Smelter in Namibia (the "Smelter") and the Kapan Mine in Armenia ("Kapan"). Guidance for the Chelopech Mine ("Chelopech") in Bulgaria remains unchanged.Smelter production for August and September has been running at approximately 16,500 tonnes per month ("tpm&quo
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/16/13 — New Dimension Resources Ltd. (TSX VENTURE: NDR) (the "Company" or "New Dimension") is pleased to report that it has executed an option agreement (the "Agreement") with Lakeland Resources Inc. ("Lakeland") to earn a 70% interest in the Midas gold property ("the Property") located in the Sault Ste. Marie Mining Division of north central Ontario."The Midas gold project allows New Dim
CALGARY, ALBERTA — (Marketwired) — 09/16/13 — Mkango Resources Ltd. (TSX VENTURE: MKA) (the "Company" or "Mkango") has been notified by its principal shareholder, Leo Mining and Exploration Limited ("Leominex"), that the potential acquisition of Leominex by Forte Energy NL will not proceed.Mkango continues to work towards completion of its pre-feasibility study ("PFS") for the Songwe Hill rare earth project. The Company recently appointed SNC-Lavalin
TORONTO, ONTARIO — (Marketwired) — 09/16/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) reports today that diamond drilling at its Romeo and Juliet prospect has intersected a new gold-bearing zone dubbed the Balcony Zone, located between the Romeo and Connecting Zones. It appears to dip steeply to the north, trends roughly east-west and is spatially associated with a northeast-trending topographic linear. Mineralization has been traced for approxima
KELOWNA, BRITISH COLUMBIA — (Marketwired) — 09/16/13 — FISSION URANIUM CORP. (TSX VENTURE: FCU)(OTCQX: FCUUF)(FRANKFURT: 2FU) ("Fission" or "the Company") the Operator, and its Joint Venture partner Alpha Minerals Inc. are pleased to announce results from two additional holes drilled on the R945E Zone at its Patterson Lake South (PLS) property in Canada-s Athabasca Basin; PLS13-092 and 096. PLS13-096 returned 103.5m total composite mineralization, including 9.92m total c
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/16/13 — Blackheath Resources Inc. (TSX VENTURE: BHR)(FRANKFURT: 04B) ("Blackheath") is pleased to report the completion of a preliminary trenching program at the past-producing Borralha Tungsten Project in northern Portugal, where Blackheath holds the rights to a 100% interest. The program successfully confirmed significant amounts of tungsten at surface in the Santa Helena Breccia both in areas that were previously mined and also i
TORONTO, ONTARIO — (Marketwired) — 09/16/13 — Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG)(TSX: TXG.WT.A) is pleased to announce a National Instrument ("NI") 43-101 compliant inferred mineral resource estimate of 5.84 million gold equivalent ounces, including 3.3 million ounces of gold, at its Media Luna Project in Mexico. The average resource grade is 4.55 g/t Au Eq. (Au – 2.63 g/t, Ag – 24.46 g/t, Cu – 0.97%) at a 2.0 g/t Au Eq. cutoff grad
