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Mining & Metals

Newstrike Resources Ltd. Adopts Advance Notice By-Law 0

TORONTO, ONTARIO — (Marketwired) — 07/17/13 — Newstrike Resources Ltd. (TSX VENTURE: NR) (the "Corporation" or "Newstrike") announces the adoption by its Board of Directors of amendments to its By-Laws.By-Law 3 includes a provision that requires advance notice to the Corporation in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the Corporation other than pursuant to (i) a requisition to call a shareholders- m

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McEwen Mining Announces Measured & Indicated Resources Grew by 38% at El Gallo 1 Mine in Mexico 0

TORONTO, ONTARIO — (Marketwired) — 07/17/13 — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce an updated resource estimate for the El Gallo 1 mine in Sinaloa State, Mexico.El Gallo 1 Mine Resource Estimate HighlightsEl Gallo 1 Mine/Twin Domes Discovery:The El Gallo 1 mine poured its first bar of gold in September 2012 and declared commercial production on January 1, 2013. The mine is forecasted to produce 27,300 ounces of gold this year and ramp-up to 75,000 ounces of gold

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Champion Iron Mines to Receive an Initial $11,000,000 0

TORONTO, ONTARIO — (Marketwired) — 07/17/13 — CHAMPION IRON MINES LIMITED (TSX: CHM)(OTCQX: CPMNF)(FRANKFURT: P02) ("Champion", or the "Company") announces that Revenu Quebec has confirmed to the Company that it will advance $11,000,000 against the claims for the refundable tax credit on exploration expenditures of $13,502,212 for the years ended March 31, 2011 and 2012, pending the completion of the audit of the claims scheduled for late August 2013. The Company expects

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AndeanGold Announces Completion of Phase II Infill Drilling Program Urumalqui Advanced-Stage Ag-Au Project, Peru 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/17/13 — AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE: AAU)(LMA: AAU) is pleased to announce that it has completed the Phase II infill drilling program (the "Program") on its Urumalqui Advanced-Stage Ag – Au Project (the "Project") located in the Department of Libertad, Peru. The Program was completed in June 2013 and entailed 13 diamond core drill holes, amounting to 2,052.90 metres. All

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Medallion Reports Exercise of Warrants for Approximately $400,000 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/17/13 — Medallion Resources Ltd (TSX VENTURE: MDL) (OTCQX: MLLOF) (FRANKFURT: MRD) ("Medallion" or the "Company") is pleased to announce the recent exercise of 1,571,000 common-share purchase warrants, resulting in gross proceeds of $392,750 to Medallion. The warrants were issued as part of the Company-s July 2010 financing, entitling the holders to purchase one common share of Medallion stock at a price of $.25, and expir

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B2Gold Corp. Announces Further Positive Drilling Results and an Update on Construction from the Otjikoto Gold Project in Namibia 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/17/13 — B2Gold Corp. (TSX: BTO)(NYSE MKT: BTG)(NAMIBIAN: B2G) ("B2Gold" or the "Company"), is pleased to announce further positive drilling results from the exploration program at the Otjikoto gold project in Namibia. These positive drill results, as detailed below, indicate the potential to outline additional higher grade resources that could lead to the expansion of production and an increased mine life at the Otjikoto g

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Alexco Reports Increased Silver Production in Second Quarter 2013; Low Silver Prices Prompt Plans for Suspension of Winter Operations 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/17/13 — Alexco Resource Corp. (TSX: AXR)(NYSE MKT: AXU) today reports silver production of 576,155 ounces during the second quarter of 2013 from its Bellekeno mine, located in the Keno Hill Silver District in Canada-s Yukon Territory. Second quarter silver production increased 52% compared to the first quarter and for the first six months of 2013, silver production totaled 955,772 ounces. Improved second quarter performance was a result of a

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Oroco and Goldgroup Agree to an Extension of the Closing Date for the Sale of Cerro Prieto 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/16/13 — Oroco Resource Corp. ("Oroco") (TSX VENTURE: OCO)(FRANKFURT: OR6) announces that it has agreed to extend to August 15, 2013 the closing date for the sale to Goldgroup Mining Inc. ("Goldgroup") of Oroco-s Cerro Prieto project so as to allow sufficient time for the completion of documentation relating to the financing announced today by Goldgroup (See Goldgroup News Release dated July 16, 2013).In consideration of th

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Alpha Minerals Reports Summer Drilling Has Commenced at Patterson Lake South, Athabasca Basin 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/16/13 — Alpha Minerals Inc. (TSX VENTURE: AMW)(FRANKFURT: E2GA) ("Alpha" or "the Company") is pleased to announce that drilling is underway at the Patterson Lake South ("PLS") property, a 50% Joint Venture with Fission Uranium Corp, located in the southwest part of Saskatchewan-s Athabasca Basin. Field preparations began in early July (see Alpha news release July 2, 2013) on the planned $6.95 million summer drill

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Cancana Resources Corp. Announces New Auditor 0

TORONTO, ONTARIO — (Marketwired) — 07/16/13 — Cancana Resources Corp. (TSX VENTURE: CNY) ("Cancana" or the "Company") announced today that it has changed its auditors from James Stafford, Chartered Accountants effective July 11, 2013.At the request of the Company, its former auditor, James Stafford, Chartered Accountants, has resigned as auditor effective July 11, 2013 and Davidson and Company LLP has been appointed as the successor auditor. In accordance with National I

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