back to homepage

Mining & Metals

Cline Executes Forbearance Agreement With Trustee 0

TORONTO, ONTARIO — (Marketwired) — 06/18/13 — Cline Mining Corporation ("Cline" or the "Company") (TSX: CMK) announced today that it has entered into a forbearance agreement with Computershare Trust Company of Canada (the "Trustee").The Company-s Executive Chairman, Mr. Mark Haywood stated that "Cline was unable to make its June 17 interest payment of approximately $3.2 million and has agreed with the Trustee to forbear from taking action under the Trust I

Read More

Solid Resources Announces Proposed Extension of Warrant Term 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/18/13 — Solid Resources Ltd. ("Solid" or the "Company") (TSX VENTURE: SRW)(OTCQX: SLDRF)(FRANKFURT: YRS) has applied to the TSX Venture Exchange for approval to extend the expiry date of 10,000,000 common share purchase warrants that were issued as part of a non-brokered private placement completed by the Company in July 2011. The Warrants are exercisable for common shares of Solid at a price of $0.15 per share and will cu

Read More

The Energold Group(R) Announces Capital Additions to Meet New and Anticipated Demand in Existing and New Markets 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/18/13 — The Energold Group(1) (TSX VENTURE: EGD) ("Energold" or "the Company") is pleased to announce that it has acquired, and is in the process of acquiring new equipment in both its energy and mineral drilling divisions. The Company continues to make use of its strong balance sheet and is using cash on hand for these purchases.The capital additions reflect specific demand requirements from existing customers. As well, f

Read More

Tawsho Mining Inc. Announces Management Changes and Private Placement Financing 0

CONCORD, ONTARIO — (Marketwired) — 06/18/13 — Tawsho Mining Inc. (TSX VENTURE: TAW) ("Tawsho" or the "Corporation") is pleased to announce the appointment of Mr. Stephen Balch (P.Geo.) as President and Chief Executive Officer ("CEO") of the Corporation. Mr. Balch has 28 years of experience as an exploration geophysicist and has been involved with public companies since 2004.Commenting on the appointment, Executive Chairman Zoran Arandjelovic stated "Steve

Read More

Soltera Mining Files 2011 10K Annual Report with SEC 0

JUJUY, ARGENTINA — (Marketwired) — 06/18/13 — Soltera Mining Corp. (PINKSHEETS: SLTA) () announces that its Form 10K Annual Report for the fiscal year ended October 31, 2011 has been filed with the SEC and is available for review on the SEC EDGAR website.Soltera Mining is an exploration company that is concentrating on the major El Torno Gold Project in the northwestern province of Jujuy, Argentina. El Torno is a 78 km2 area that has potential for world-class gold deposits of two types: vei

Read More

Cancana Announces Receipt of Operating License 0

TORONTO, ONTARIO — (Marketwired) — 06/18/13 — Cancana Resources Corp. (TSX VENTURE: CNY) (the "Company" or "Cancana") is pleased to announce that the Secretaria de Estado do Desenvolvimento Ambiental, (State Secretariat for Environmental Development), ("SEDAM"), has issued the Operating License ("LO") on the Company-s 886241/2011 manganese claim.The issuance of the LO or Operating License provides for approval for mining operations and ore washing plan

Read More

Drilling Program Commenced at West Cedartree Gold Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/18/13 — Coventry Resources Inc. (TSX VENTURE: CYY)(ASX: CYY) ("Coventry" or "the Company") is pleased to advise that a drilling program has commenced at its West Cedartree Gold Project in western Ontario. The West Cedartree Gold Project forms part of the Company-s greater Cameron Gold Camp Project, where Coventry is advancing the evaluation of the construction of a centralised processing facility at the Cameron Gold Deposi

Read More

Amseco Plans $300 000 Private Placement Extension 0

MONTREAL, QUEBEC — (Marketwired) — 06/18/13 — Amseco Exploration Ltee. ("Amseco") (TSX VENTURE: AEL) as previously announced on December 17th 2012, Amseco is seeking to raise 300 000 $. This placement should be done within the next 30 days via the issue of a non-brokered private placement at $0.01 cent. The minimum subscription will be tranches of 1500$ (150 000 shares) and shares will be subject to a 120 days hold period and to the TSX venture Exchange-s approval and there will b

Read More

Archean Star Resources Inc.: Drill Program Commences at Gnaweeda Gold Project, Western Australia 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/18/13 — Archean Star Resources Inc. (TSX VENTURE: ASP) (the "Company" or "Archean") reports that a diamond drill program has commenced at the Far East Gold Prospect on the pronounced SAM (-Sub-Audio Magnetotelluric-) conductivity anomaly that is virtually coincident with the N-S trend of gold anomalies at the Gnaweeda Gold Project in the well endowed Murchison Gold Field in Western Australia. The key highlights are:Multipl

Read More