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Mining & Metals

Focus Reports High-Grade Graphite Mineralization at the Lac Guinecourt Property, Quebec: Best Grab Sample Assays Ranging From 6.36% to 45.90% Graphitic Carbon 0

OTTAWA, ONTARIO — (Marketwired) — 05/22/13 — Focus Graphite Inc. ("Focus" or the "Company") (TSX VENTURE: FMS)(OTCQX: FCSMF)(FRANKFURT: FKC) is pleased to report the final assay results from the summer 2012 reconnaissance exploration program at its 100%-owned Lac Guinecourt graphite property (the "Property") located in the South Manicouagan Reservoir area of northeastern Quebec,17 km to the South of Mason Graphite-s Lac Gueret graphite deposit.A total of 32 gra

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Excelsior Gold Corp (EXLA) to Access High-Grade Gold-Silver Zone at Excelsior Mine 0

WENATCHEE, WA — (Marketwired) — 05/22/13 — Excelsior Gold Corp, a wholly owned subsidiary of Helmer Directional Drilling (OTCBB: EXLA) filed a Notice of Intent with the USFS to open the caved portal, currently blocking access , based on previous sampling by ASARCO (1967) and US Borax (1976).The Excelsior Mine was mined for silver and gold prior to 1917, closing during WWI due to a shortage of steel and mine labor. Approximately 50,000 tons of moderate to high-grade ore were minded during thi

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Aquila Closes $519,000 Financing 0

TORONTO, ONTARIO — (Marketwired) — 05/22/13 — Aquila Resources Inc. (TSX: AQA)(FRANKFURT: JM4A) ("Aquila" or the "Company") today announced that it has closed an initial tranche of its previously announced non-brokered financing by way of private placement. Price of the units were amended from $0.12 to $0.10 due to market conditions. The Company issued 5,190,000 units consisting of a common share and a half warrant at a price per unit of $0.10 for gross proceeds of $519,

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Noranda Income Fund Announces a Cash Distribution for the Month of May 2013 of $0.04167 per Priority Unit 0

SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwired) — 05/22/13 — Noranda Income Fund (TSX: NIF.UN) announced today that the Board of Trustees of Noranda Operating Trust has approved a distribution for the month of May 2013 of $0.04167 per Priority Unit payable on June 25, 2013 to Priority Unitholders of record as at the close of business on May 31, 2013.There is no assurance that monthly distributions will continue in the future, nor is there any assurance that, if they do continue, the level

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Yorbeau and Gold Fields Enter Into an Option and Joint Venture Agreement for the Rouyn Property 0

MONTREAL, QUEBEC — (Marketwired) — 05/22/13 — Yorbeau Resources Inc. (TSX: YRB.A) (the "Company" or "Yorbeau") is pleased to announce that it has entered into an option and joint venture agreement with Gold Fields Sudbury Exploration Corp., a 100% indirect subsidiary of Gold Fields Limited ("Gold Fields"). Subject to certain conditions, Gold Fields has the option to earn a 51% interest in the Company-s 100% held Rouyn Property ("Property") in Quebec,

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Allana Potash Announces Approval of Its Environmental, Social and Health Impact Assessment by Ethiopian Ministry of Mines 0

TORONTO, ONTARIO — (Marketwired) — 05/22/13 — Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF) ("Allana" or the "Company") is pleased to announce that the Company has received approval of its Environmental, Social, and Health Impact Assessment ("ESHIA") from the Ethiopian Environmental Protection Authority ("EPA") and Ministry of Mines and Energy (the "Ministry"). The approval of the ESHIA, prepared by Environmental Resources Management ("E

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Donner Metals Ltd.: More High-Grade at McLeod Deep 0

MONTREAL, QUEBEC — (Marketwired) — 05/22/13 — Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. ("Donner" or the "Company") (TSX VENTURE: DON)(FRANKFURT: D4M), reports that important high-grade sulphide mineralization continues to be intersected at the McLeod Deep Zone. The recent drilling results, as reported to the Company by partner and project operator Glencore Xstrata ("Glencore Xstrata"), include an intercept grading 9.49% zinc, 1.75% copper

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NexGen Energy Hires Senior and Exploration Geologists 0

Highlights – Addition of two highly qualified and experienced uranium geologists. – Radio drilling permit received

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Seabridge Gold Begins Drilling for High Grade at KSM 0

TORONTO, CANADA — (Marketwired) — 05/22/13 — Seabridge Gold (TSX: SEA)(NYSE: SA) reported today that exploration drilling has begun at its KSM project in Northwestern British Columbia, Canada. Four highly prospective targets are likely to be tested this summer for their potential to host large deposits with grades at multiples of the project-s currently reported reserves.The KSM Project contains one of the largest undeveloped gold and copper reserves in the world. Its composite intrusive com

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Lydian International Announces Results of Voting for Directors at Annual and Special Shareholders- Meeting and Resignation of Director 0

TORONTO, ONTARIO — (Marketwired) — 05/22/13 — Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, is pleased to announce the results of the vote on directors at its annual and special meeting of shareholders held on May 20, 2013.Each of the nominee directors listed in the Company-s Management Information Circular dated April 22, 2013 was elected as a director, without a vote by ballot being conduct

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