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Mining & Metals

Abcourt Signs a Custom Milling Agreement With Aurbec Mines Inc., a Wholly-Owned Subsidiary of Maudore Minerals Ltd 0

MONT-ST-HILAIRE, QUEBEC — (Marketwired) — 08/16/13 — Mr. Renaud Hinse, President and C.E.O. of Abcourt Mines Inc. (TSX VENTURE: ABI)(BERLIN: AML)(FRANKFURT: AML) (the "Company"), is pleased to announce that an Agreement was signed yesterday with Aurbec Mines Inc, a wholly-owned subsidiary of Maudore Minerals Ltd, to treat the Elder mineralized material at the Sleeping Giant mill owned by Aurbec. The Elder mine is located in Rouyn-Noranda, Quebec, and the mineralized material will

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Oroco and Goldgroup Extend the Closing Date for the Cerro Prieto Transaction 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/16/13 — Oroco Resource Corp. ("Oroco") (TSX VENTURE: OCO)(FRANKFURT: OR6) announces that they have agreed to extend the closing of Goldgroup Mining Inc.-s acquisition of the Cerro Prieto project (the "Cerro Prieto project") to August 30, 2013.Goldgroup has made a further deposit of US $40,000 to Oroco, in addition to the US $100,000 deposited on July 15, 2013, which will be applied against the US $4.5 million initial payme

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Intrepid Responds to Article in The Australian Newspaper 0

BRISBANE, AUSTRALIA — (Marketwired) — 08/16/13 — Intrepid Mines Limited ("Intrepid", the "Company") (TSX: IAU)(ASX: IAU) advises that it has become aware of comments in The Australian newspaper this morning (16 August 2013) stating that the Company had sought access to the data room of Finders Resources Limited.As advised in the Company Update issued on 8 August 2013, Intrepid is actively pursuing new investment opportunities. In this regard, the Company has signed and w

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Benton Options Recently Acquired Mealy Project to Platinum Group Metals Ltd. 0

THUNDER BAY, ONTARIO — (Marketwired) — 08/16/13 — Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has executed an option agreement (the "Agreement") with Platinum Group Metals Ltd. (TSX: PTM) ("PTM") on the Company-s recently acquired Mealy copper-nickel-platinum-palladium project (the "Project") in Labrador. The Agreement allows PTM to earn a 71% interest in the Project by paying the Compa

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Scorpio Gold Reports Mineral Resource Estimate on the Satellite Deposits at the Mineral Ridge Project, Nevada 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/16/13 — Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE: SGN) reports on the mineral resource study prepared by Telesto Nevada Inc. ("Telesto") on five satellite deposits at the 70% owned Mineral Ridge Project, located in Nevada.Mineral resource estimates were prepared on four of five deposits using drilling data available up to June 1, 2013. All of the deposits lie to the west and southwe

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Lithium Americas Announces Director Voting Results 0

TORONTO, ONTARIO — (Marketwired) — 08/16/13 — Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company") announces that, as previously filed on SEDAR on June 28, 2013, each of the 8 nominees in the Management Information Circular dated May 24, 2013 were elected as directors of the Company at the annual and special meeting of shareholders held on June 25, 2013.Based on the ballot conducted at the meeting, the following individuals were elected as directors of

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Andes Gold Corporation Increases Profits and Expands Operations 0

BOCA RATON, FL — (Marketwired) — 08/16/13 — Andes Gold Corporation (PINKSHEETS: AGCZ) a gold mining and milling company with operations in Ecuador and Peru, today released its financial results for the six(6) months ended June 30,2013.The financial statements for the six(6) months ending June 30,2013 shows gross revenue of $3,006,554 versus $2,793,923 last year an increase of $212,631 over the same period last year. The gross profit was $1,670,335, an increase of $199,148 over last year. Gro

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NexGen Commences 3,000m Drill Program at Rook I Project, Immediately Adjacent to Patterson Lake South Discovery 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/16/13 — NexGen Energy Ltd. (TSX VENTURE: NXE) ("NexGen" or the "Company") is pleased to announce that it has commenced a two drill, 3,000 meter program on the Rook I project. The Rook I project is immediately adjacent to, and on trend, northeast from Fission/Alpha-s recent high-grade uranium discoveries on their Patterson Lake South project.Detailed geophysical surveys of the Rook I project have included aerial VTEM and ma

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AQM Copper Announces Completion of Mitsubishi Materials Investment in Zafranal 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/16/13 — AQM Copper Inc. (TSX VENTURE: AQM)(BVL: AQM) ("AQM " or the "Company") is pleased to announce the completion of the transaction with Mitsubishi Materials Corporation ("MMC") as announced in the Company-s press release of July 2, 2013. MMC has invested US$22.60 million and committed an additional US$15.07 million to acquire a 40% interest in the Company-s Peruvian subsidiary Minera AQM Copper Peru S.A.C. (

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New Millennium Iron Corp. Announces That Tata Steel Minerals Canada Limited Signed a Cooperation Agreement With the NunatuKavut Community Council 0

CALGARY, ALBERTA — (Marketwired) — 08/16/13 — New Millennium Iron Corp. ("NML", the "Company" or "Corporation") (TSX: NML)(OTCQX: NWLNF) announced today that Tata Steel Minerals Canada Limited ("TSMC") and the NunatuKavut Community Council ("NCC") signed a Cooperation Agreement for the Direct Shipping Ore ("DSO") Project.TSMC is a joint venture between Tata Steel Limited and NML, which have 80% and 20% interests, respectively. TSMC

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