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Mining & Metals

Greencastle Reports New Target Areas at Jewel Ridge, Nevada 0

TORONTO, ONTARIO — (Marketwired) — 08/28/13 — Greencastle Resources Ltd. ("Greencastle" or the "Company") (TSX VENTURE: VGN) is pleased to report that Rainbow Resources Inc. ("Rainbow") has completed a comprehensive review of all available technical data associated with the Jewel Ridge property near Eureka, Nevada. This review resulted in several promising drill targets being identified on the property that Rainbow plans to follow up.Rainbow notes that a number

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Cornerstone Capital Resources Inc.: SolGold Private Placement 0

MOUNT PEARL, NEWFOUNDLAND AND LABRADOR — (Marketwired) — 08/28/13 — Cornerstone Capital Resources Inc. ("Cornerstone") (TSX VENTURE: CGP)(OTCBB: CTNXF)(FRANKFURT: GWN)(BERLIN: GWN) today announced it has received $500,000 from its partner SolGold Plc ("SolGold"), as a further private placement in Cornerstone shares, as a result of having received the environmental license on Cornerstone-s 5,000 hectare Cascabel gold-copper-silver property in northern Ecuador, as previous

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GeoNovus Exploration Update on Porphyry Copper Projects in Arizona 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/28/13 — GEONOVUS MINERALS CORP. (TSX VENTURE: GNM) ("GeoNovus" or the "Company") is pleased to provide an update on its two porphyry copper projects in Arizona. At the Silver Bell West property in south central Arizona, drilling intersected 39.63 meters (130 ft.) of 0.18% Cu in an angle hole located adjacent to the open pit presently being operated by ASARCO. At the Red Hills project in central Arizona, partners FQM (Akubr

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Sage Announces Private Placement 0

TORONTO, ONTARIO — (Marketwired) — 08/28/13 — Sage Gold Inc. ("Sage" or the "Company") (TSX VENTURE: SGX) is pleased to announce that it intends to complete an additional tranche of the non-brokered private placement previously announced on April 30, 2013, May 23, 2013 and July 18, 2013 for additional gross proceeds of up to $30,000 (the "Offering"). The Offering will consist of the sale of up to 1,000,000 common shares (each, a "Common Share") at $0.

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War Eagle Enters Into Agreement to Sell its Tres Marias Project in Mexico 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/28/13 — War Eagle Mining Company Inc. (TSX VENTURE: WAR) ("War Eagle" or the "Company") reports that, on August 8, 2013 the Company-s BVI subsidiary, Tombstone Mining Inc. ("Tombstone BVI"), entered into a preliminary agreement with Contratista y Operaciones Mineras SA de CV ("COMSA"), a Mexican mining company, to sell all its shares of its Mexican subsidiary, Tombstone Exploration de Mexico SA de CV (&

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Prophecy Coal Signs Multiple Coal Offtake Agreements, Aims to Restart Mining at Ulaan Ovoo in November 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/28/13 — Prophecy Coal Corp. ("Prophecy" or the Company")(TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that in the last 60 days, it has entered into binding coal sales contracts with a number of buyers which will involve the sale of over 30,000 tonnes of coal per month (annualized rate of over 360,000 tonnes) from the Company-s Ulaan Ovoo mine.The buyers include cement plants, a metallurgical plant, a heat plan

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GDV Resources Inc. Changes Name, Approves New Slate of Directors and Completes Its First Bridge Loan 0

TORONTO, ONTARIO — (Marketwired) — 08/28/13 — GDV Resources Inc. (NEX Board of the TSXV: GDV.H) (the "Company" or "Cardinal Capital") today announced that it has changed its name to Cardinal Capital Partners Inc. The ticker symbol for Cardinal Capital will be changed CCP.H, subject to final approval from the TSXV.New Slate of DirectorsCardinal Capital also announces that at its recent shareholder meeting, in addition to Chris Carmichael, the Company-s CEO, Jeff Lowe, Pet

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Midlands Minerals Receives $3.4 Million and Reviews Strategy 0

TORONTO, ONTARIO — (Marketwired) — 08/28/13 — Midlands Minerals Corp. ("Midlands" or the "Company") (TSX VENTURE: MEX) is pleased to announce that it has received the balance of the US$3.4 million proceeds from the sale of its interest in the Sian gold project in Ghana.On June 19, 2013, the Company entered into a share purchase agreement, together with its wholly-owned subsidiary, Harbour Capital Corporation ("HCC"), to sell HCC-s 130,000,000 shares of Akroma G

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Teras Initiates Mobilization of National Drilling to Continue Development of the Cahuilla Gold/Silver Project 0

CALGARY, ALBERTA — (Marketwired) — 08/28/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF): Teras is pleased to report that National Drilling Company has begun mobilizing two drill rigs and associated ancillary equipment to its Cahuilla project in Imperial County, California to continue the development drill program, which will begin as soon as mobilization is complete.The primary objective of this next phase of exploration will be foc

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Argentex Mining Announces 2013 Resource Development Program at Its Pingüino Silver-Gold Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/28/13 — Argentex Mining Corporation ("Argentex" or the "Company") (TSX VENTURE: ATX) (OTCQB: AGXMF) is pleased to announce that it plans to commence resource development drilling on its Pinguino silver-gold project in Santa Cruz province, Argentina in September 2013.The program will consist of 3,000 metres of reverse circulation ("RC") drilling and up to 5,000 metres of trenching to target specific known vein sys

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