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Mining & Metals

Hunter Bay Minerals Announces Proposed Debt Settlement 0

LONDON, UNITED KINGDOM — (Marketwired) — 08/12/13 — Hunter Bay Minerals plc ("Hunter Bay") (TSX VENTURE: HBY)(OTCQX: HTBNF) announces that it proposes to settle outstanding indebtedness totaling $152,476 through the issuance of 3,049,526 ordinary shares at a price of $0.05 per share. Of the amount to be settled, $69,276 relates to accrued director and/or officer fees and related party accounting fees.Closing of the debt settlement is subject to the approval of the TSX Venture Exch

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Lake Shore Gold Reports Record Production and Lower Operating Costs in Second Quarter 2013, Commissioning of Mill Expansion Progressing 0

TORONTO, ONTARIO — (Marketwired) — 08/12/13 — Lake Shore Gold Corp. (TSX: LSG) (NYSE MKT: LSG) ("Lake Shore Gold" or the "Company") today announced financial and operating results for the second quarter of 2013. Key highlights of the results include:Tony Makuch, President and CEO of Lake Shore Gold, commented: "We are very encouraged by our results in the second quarter, which included record production, improved unit operating costs and excellent progress advancing

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Elgin Mining Reports Second Quarter 2013 Results 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/12/13 — Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX: ELG)(TSX: ELG.WT) reports its financial and operational results for the three months ended June 30, 2013. Elgin Mining owns and operates the Bjorkdal gold mine ("Bjorkdal") in Sweden, and holds the past-producing Lupin gold mine ("Lupin") and the Ulu gold property in Nunavut, Canada. All figures are in Canadian dollars ($ or CAD) unless o

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Zincore Shareholders Approve All Resolutions at Special Meeting of Shareholders 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/12/13 — Zincore Metals Inc. (TSX: ZNC)(LMA: ZNC) ("Zincore" or the "Company") is pleased to report that all resolutions proposed in the Company-s Information Circular dated June 21st were overwhelmingly passed by shareholders at a special meeting of shareholders August 8th. Details of the vote by ballot are listed below for each resolution.Zincore CEO and President, Jorge Benavides stated "We are grateful for the supp

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Liberty Mines Implements Share Consolidation 0

TORONTO, ONTARIO — (Marketwired) — 08/12/13 — Liberty Mines Inc. (TSX: LBE) will consolidated its common shares on the basis of one new common share for every 50 common shares outstanding effective as of market open on August 13, 2013.Following the share consolidation, Liberty Mines will have approximately 4,129,547 common shares outstanding.A letter of transmittal has been sent by mail to shareholders advising that the share consolidation has taken effect and instructing shareholders to su

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Strateco Closes a CDN $ 820,000 Financing 0

BOUCHERVILLE, QUEBEC — (Marketwired) — 08/12/13 — Strateco Resources Inc. ("Strateco") (TSX: RSC)(FRANKFURT: RF9) is pleased to announce that it has closed a CDN $822,319 non-brokered private placement subscribed for by an insider, The Sentient Group ("Sentient"), a private independent natural resource equity fund. The private placement consisted of 16,446,389 common shares issued at a price of $0.05 per share.Sentient also received an additional 328,927 shares, or 2% of

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Sage Announces Shares for Services Settlement and Director Resignation 0

TORONTO, ONTARIO — (Marketwired) — 08/12/13 — Sage Gold (TSX VENTURE: SGX) ("the Company") has agreed to settle an obligation of $16,667 owed to an arms-length consultant by issuing 333,340 common shares based on an agreed price of $0.05 per common share. The issuance represents initial payments to one vendor pursuant to a one-year consulting agreement. The consulting agreement provides that a portion of the monthly fee can be converted to common shares. The transaction is subject

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Cayden Announces Drill Results from La Magnetita, Morelos Sur Concession, Mexico 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/12/13 — Cayden Resources Inc. (TSX VENTURE: CYD)(PINKSHEETS: CDKNF) ("Cayden" or the "Company") announces the results from its thirteen hole core drilling program at the La Magnetita East target on its Morelos Sur Concession located in Guerrero State, Mexico (table below). Eleven of thirteen drill holes intercepted significantly anomalous skarn mineralization hosted in a contact zone between limestone and a large magnetic

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Kazax Announces Change in Chief Financial Officer and Corporate Office 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/12/13 — Kazax Minerals Inc. ("Kazax" or the "Company") (TSX VENTURE: KZX) announces the resignation of Mr. Brian Egan as Chief Financial Officer of the Company. Mr. Egan will continue to serve the Company as an advisor. While the Company continues to interview candidates as successor to Mr. Egan, the Company-s Chief Accountant, Ms. Nuriya Kamaledinova, will serve as Chief Financial Officer in a temporary capacity.The Board

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Zadar Announces Summer Exploration Program For PNE 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/12/13 — Zadar Ventures Ltd. (TSX VENTURE: ZAD)(FRANKFURT: ZAV) (the "Company") is pleased to announce the commencement of the summer field program on its PNE Uranium Project located in the Patterson Lake area of the Athabasca Basin, northern Saskatchewan.A detailed compilation of historical data at the PNE Uranium Project has identified this as a project with a high discovery potential for an unconformity or basement hosted uranium

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