CALGARY, ALBERTA — (Marketwired) — 05/16/13 — Titanium Corporation Inc. (TSX VENTURE: TIC) ("Titanium" or the "Company") has been awarded the final of the three core Canadian patents that together secure its innovative green oil sands technology. The new patent is Canadian Patent No. 2662346 (Moran et al) for a novel process that recovers bitumen from froth treatment tailings."Securing this final Canadian patent is an important milestone in our intellectual property
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Orefinders Resources Inc. (TSX VENTURE: ORX) reports additional high grade gold results from six more drill holes (1,866 m) from its phase II diamond drilling program at the Mirado Gold Project in Kirkland Lake, Ontario. Highlights include hole MD13-19 which intersected 32.54(i) g/t Au (uncut) over 5.90 meters of consistent bonanza grade mineralization (see Table 1) within an interval of 14.50 meters at an average cut grade of 8.10 g/
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Nevsun Resources Ltd. (TSX: NSU)(NYSE MKT: NSU) (Nevsun or the Company) is pleased to advise that its Board of Directors has increased the semi-annual cash dividend by US$0.02 per common share to US$0.07 per common share (US$0.14 per common share annually). The dividend is payable on July 15, 2013 to shareholders of record as of the close of business on June 28, 2013. This is the fifth dividend payment under the Company-s progressive
KELOWNA, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — FISSION URANIUM CORP. (TSX VENTURE: FCU) (the "Company" or "Fission"), the operator, and its 50% Joint Venture partner Alpha Minerals Inc., are pleased to report assay results from another nine holes in the R00E zone at its Patterson Lake South (PLS) Property. The assays show a continuous area of broad uranium mineralization at shallow depth. Of particular note is hole PLS13-043 which returned an interval of 22.0m at
MONTREAL, QUEBEC — (Marketwired) — 05/16/13 — Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE: MAT)(OTCQX: MHREF) is pleased to announce that the Company has received $1,100,558 CDN from its Japanese partner Toyotsu Rare Earth Canada Inc. ("Toyota" or "TRECan"), a subsidiary of Toyota Tsusho Corp. ("TTC"). The goal of the Kipawa mine project is to supply Toyota with heavy rare earths ("HREE") for the production
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Alpha Minerals Inc. (TSX VENTURE: AMW)(FRANKFURT: E2GA) ("Alpha" or "the Company") and its Joint Venture partner Fission Uranium Corp. (formerly Fission Energy Corp.) are pleased to report assay results from another nine holes from the R00E zone at its Patterson Lake South ("PLS") Property. The assays show a continuous area of broad uranium mineralization at shallow depth. Of particular note is hole PLS13
TORONTO, CANADA — (Marketwired) — 05/16/13 — Gabriel Resources Ltd. (TSX: GBU) ("Gabriel" or the "Company") announces the publication of its First Quarter Financial Statements and Management-s Discussion and Analysis Report for the period ended March 31, 2013.SummaryJonathan Henry, Gabriel-s President and Chief Executive Officer, stated:"We are pleased with the recommencement of the Technical Analysis Committee review process and encouraged by the interaction betwee
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Bellhaven Copper & Gold Inc. (TSX VENTURE: BHV) ("Bellhaven" or the "Company") is pleased to announce that the first drill hole is now underway at the Company-s La Garrucha Au-(Cu) prospect. This drill hole, LME-1100, is collared in the central region of the large magnetic anomaly and will pass directly beneath where recent channel samples along a stream returned values up to 0.88 g/t gold and 0.30% copper. The
Initial 2013 Drill Results Strengthen Continuity of Silver Zone, Intersect Gold Mineralization Down-Dip
TORONTO, ONTARIO — (Marketwired) — 05/16/13 — QMX GOLD CORPORATION (TSX: QMX)("QMX Gold" or the "Company") sold 4,100 ounces of gold at an average price of $1,641 in the first quarter of 2013, generating revenue of $6.40 million. All figures are reported in Canadian dollars, unless noted otherwise.First Quarter Results From OperationsRevenue in the first quarter was $6.40 million and mine operating expenses, including amortization and depletion of $1.01 million, were $7.
