back to homepage

Mining & Metals

Desert Gold Ventures Reports Gold Recoveries in Excess of 90% from Metallurgical Test Work on Samples from its Barani East Project in Western Mali 0

TORONTO, ONTARIO — (Marketwired) — 06/17/13 — Desert Gold Ventures Inc. (TSX VENTURE: DAU) (the "Company" or "Desert Gold") is pleased to announce 94% gold recoveries from a comprehensive gold deportment and metallurgical test work study conducted on composite samples from the recently drilled Barani East Gold Deposit (the "Deposit"). The exceptional results warrant the immediate development of a process flow sheet and plant design as part of the Company-s plan

Read More

Nevada Copper Corp.: North Deposit Drilling Intersects Multiple Zones of Mineralization Totaling 368.0 Feet at 0.92% Copper 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/17/13 — Nevada Copper Corp. (TSX: NCU) ("Nevada Copper") is pleased to announce drill results from its 100% owned Pumpkin Hollow Property located near Yerington, Nevada. Results from the last four (4) drill holes of the 2013 follow-up drill program are described below.The results represent drilling along the southern and western edge of the North deposit and are located along or just outside the current feasibility study open pit li

Read More

Sarissa Resources Update 0

OAKVILLE, ON — (Marketwired) — 06/17/13 — Sarissa Resources Inc. ("Sarissa") (PINKSHEETS: SRSR), through its wholly-owned subsidiary Nio-Star Corp. ("Nio-Star"), is pleased to release this update to shareholders relating to ongoing activities.Over the recent past we have entered into 2 separate Letters of Intent ("LOI"): one with a private group based in Hong Kong ("HKHE"); and the second with a Chinese State Owned Enterprise Company ("SOE").

Read More

Kaminak Drilling Confirms High Potential at Connector Zone and Extends Supremo T2 Zone 750 Metres Along Strike to Join With Latte 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/17/13 — Kaminak Gold Corporation (TSX VENTURE: KAM) today announced results for 37 drill holes from the ongoing 2013 drilling campaign at the Coffee Gold Project, Yukon Territory. Drilling successfully intersected gold mineralization in 32 out of the 37 drill holes and identified new, shallow, predominately oxidized gold-bearing structures within the Supremo-Latte area which is host to the majority of the 3.2Moz NI 43-101 Inferred Mineral Res

Read More

Nevsun Completes Copper Expansion Project and Announces Updated Guidance for 2013 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/17/13 — HighlightsNevsun Resources Ltd. (TSX: NSU)(NYSE MK: NSU) is pleased to report the copper flotation circuit construction is complete at the Company-s Bisha mine in Eritrea. The copper expansion project was completed on time and will be under budget. The Company also reports that the decision has been made to process the precious metal rich pyrite sands by flotation prior to copper supergene ore flotation."The successful completion

Read More

ATAC Resources Ltd. Commences 2013 Rackla Gold Program 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/17/13 — (TSX VENTURE: ATC) ATAC Resources Ltd. ("ATAC") is pleased to announce that the 2013 drilling and exploration program has commenced at its 100% owned, 1,700 sq km , Yukon.2013 Exploration Program"ATAC has made nine drill discoveries on the Rackla Gold Project since 2008. We are excited to be back on the ground advancing over 40 early stage anomalies and targets that were identified throughout the property in 2012. The fu

Read More

Richmont Mines Obtains Letter of Offer for Senior Credit Facility for Up to US$50 Million from Macquarie Bank Limited to Advance Island Gold Deep Project 0

MONTREAL, QUEBEC — (Marketwired) — 06/17/13 — Richmont Mines Inc. (TSX: RIC)(NYSE MKT: RIC), ("Richmont" or the "Corporation"), announces that it has secured a Letter of Offer for a Senior Secured Credit Facility (the "Facility") for up to US$50 million from Macquarie Bank Limited ("MBL" or "Macquarie") to fund the long-term development of the Island Gold Deep project, and for working capital commitments at the Island Gold Mine (collectively

Read More

Samco Gold Adds Compelling New Targets at Its Corina Project 0

TORONTO, ONTARIO — (Marketwired) — 06/17/13 — Samco Gold Limited (TSX VENTURE: SGA) ("Samco Gold" or the "Company") is pleased to announce encouraging results of an induced polarization (IP) survey completed in May 2013 at its Corina Project in Santa Cruz province, Argentina.HIGHLIGHTSPROGRAM OVERVIEWThe survey was carried out by the Instituto Nacional de Recursos Minerales (INREMI) of the Universidad Nacional de La Plata, and comprised 30 line km of gradient array IP an

Read More

Aberdeen Reports Shareholders- Equity of $0.64 Per Share and First Quarter 2014 Financial Results 0

TORONTO, ONTARIO — (Marketwired) — 06/17/13 — ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the"Company") (TSX: AAB) released its financial results for the first quarter of 2014, ended April 30, 2013. For more information please see the Company-s Condensed Interim Financial Statements and Management-s Discussion and Analysis ("MD&A") posted on SEDAR at .As at April 30, 2013, Aberdeen-s Shareholders- Equity (or Net Asset Value, "NAV") was $55.2 milli

Read More

Silver Bear Announces Election of Directors 0

TORONTO, ONTARIO — (Marketwired) — 06/17/13 — Silver Bear Resources Inc. ("Silver Bear" or the "Company") (TSX: SBR) announces that the nominees listed in the management proxy circular for the 2013 Annual Meeting of Shareholders were elected as directors of Silver Bear. Detailed results of the vote for the election of directors held at the meeting on June 11, 2013 in Toronto are set out below.Silver Bear Resources Inc.The primary business of the Company is the evaluation

Read More