TORONTO, ONTARIO — (Marketwired) — 05/16/13 — Strait Minerals Inc. ("Strait" or "the Company") (TSX VENTURE: SRD) is pleased to report that it has signed an amendment agreement with Teck Peru S.A. ("Teck Peru"), a wholly owned subsidiary of Teck Resources Limited ("Teck"), whereby Teck Peru will pay the Company-s wholly owned subsidiary Minera Strait Gold Peru S.A.C. $50,000 per month (inclusive of taxes) for 3 months in lieu of expenditures on the Al
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Zadar Ventures Ltd. (TSX VENTURE: ZAD)(FRANKFURT: ZAV) (the "Company") is pleased to announce that it has entered into a purchase agreement with an arm-s length vendor to acquire a 100% interest in the 7,744 hectare Patterson Northeast Uranium project (PNE), located in the prolific Western Athabasca basin. The project has road access and directly adjoins Fission Uranium-s Patterson Lake North project, recently optioned (50%
CALGARY, ALBERTA — (Marketwired) — 05/16/13 — American Creek Resources Ltd. (TSX VENTURE: AMK) ("the Corporation") reports that it has closed the final tranche of the previously announced non-brokered private placement (the "Offering") (see news release dated March 25, 2013). In this final tranche the Corporation raised proceeds totaling $208,625 by issuing 463,612 units ("Unit") at a purchase price of $0.45 per Unit.Each Unit consisted of eight common shares o
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Eurasian Minerals Inc. (TSX VENTURE: EMX)(NYSE MKT: EMXX) ("Eurasian", "EMX" or the "Company") today announced that the Company has made its interim filings for the quarter ended March 31, 2013, which are available on SEDAR at , on the U.S. Securities and Exchange Commission-s website at and on Eurasian-s website at . Financial results are prepared in accordance with International Financial Reporting Sta
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Huldra Silver Inc. ("Huldra" or the "Company") (TSX VENTURE: HDA) is pleased to provide an update of the current underground drilling program and mining progress at the Treasure Mountain Mine, British Columbia, Canada.Preliminary(i) assay results have been received for the first 5 holes of the underground drill program. Highlights include:A table summarising the significant results of the first 5 holes is presented
TORONTO, ONTARIO — (Marketwired) — 05/16/13 — Lake Shore Gold Corp. (TSX: LSG)(NYSE Amex: LSG)(NYSE MKT: LSG) ("Lake Shore Gold" or the "Company") is pleased to announce that all matters presented for approval at the Company-s annual and special meeting of shareholders held on May 15, 2013, have been duly authorized and approved, as follows:Detailed voting results for the election of directors (based on proxy returns) were as follows:About Lake Shore GoldLake Shore Gold
JERSEY, CHANNEL ISLANDS — (Marketwired) — 05/16/13 — Randgold Resources Ld (NASDAQ: GOLD) (LSE: RRS)Contacts: RNS Customer Services 0044-207797-4400
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Baja Mining Corp. ("Baja") (TSX: BAJ)(OTCQB: BAJFF) has been informed by Minera y Metalurgica del Boleo, S.A.P.I. de C.V. ("MMB") that MMB has successfully negotiated an extension of the standstill agreement which expired on April 19, 2013.The standstill agreement extension signed with the remaining 2010 Project Financing lenders (excluding US EXIM) will expire on May 20, 2013.KORES and MMB continue to work with th
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Sandstorm Metals & Energy Ltd. ("Sandstorm") (TSX VENTURE: SND) is pleased to announce that production has commenced at the Bracemac-McLeod Mine ("Bracemac-McLeod") at an average rate of 3,000 tonnes per day. The mine operator, Glencore Xstrata plc, is now processing copper and zinc ore from the mine and Sandstorm is entitled to purchase an amount equal to 24.5% of the copper produced through its copper stream
TORONTO, ONTARIO — (Marketwired) — 05/16/13 — McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to announce that the Company will be expanding the El Gallo 1 Mine in Sinaloa, Mexico. The Company expects this expansion will significantly increase gold production for a small amount of capital."With today-s lower gold and silver prices and capital markets effectively shut to junior mining companies, one is forced to look closer at low cost alternatives in order to grow profitability. On
