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Mining & Metals

Scorpio Gold Corporation Adopts Advance Notice Policy for Director Nominations 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/09/13 — Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE: SGN) announces that its Board of Directors has approved the adoption of an advance notice policy (the "Policy"), for the purpose of providing shareholders, directors and management of Scorpio Gold with a clear framework for nominating directors. The Policy is meant to: (i) facilitate an orderly and efficient process for annual genera

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Kazax Clarifies Technical Disclosure 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/09/13 — Kazax Minerals Inc. (TSX VENTURE: KZX) ("Kazax" or the "Company"). As a result of a review by the British Columbia Securities Commission (the "BCSC"), Kazax is issuing the following news release to clarify our disclosure. Based on the review completed by the BCSC, certain information provided in a corporate presentation entitled "LOMO Project Briefing, August 2012 – AGM" which was posted on the

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Teck Announces Subscription to True Gold Mining Share Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/09/13 — Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that it has subscribed for and acquired an additional 30,303,030 common shares of True Gold Mining Inc. (TSX VENTURE: TGM) ("True Gold"), at a cost of $0.33 per common share, as part of a non-brokered private placement conducted by True Gold, a Canadian gold exploration company. The common shares issued to Teck are restricted from tra

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True Gold Mining Closes Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/09/13 — True Gold Mining Inc. (TSX VENTURE: TGM) ("True Gold" or the "Company") is pleased to announce that the Company has closed the C$9,999,999.90 non-brokered private placement (the "Placement") with Teck Resources Limited (TSX: TCK.A)(TSX: TCK.B)(NYSE: TCK) ("Teck") announced on May 8, 2013.True Gold issued 30,303,030 common shares ("Shares") at a price per Share of $0.33 to Teck. Teck no

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Full Metal and Antofagasta Announce Maiden Inferred Resource Estimate for Pyramid Deposit, Alaska 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/09/13 — Full Metal Minerals Ltd. (TSX VENTURE: FMM) ("Full Metal") is pleased to announce that the Company and Antofagasta Minerals S.A. ("Antofagasta") have received the initial Inferred Mineral Resource Estimate at the Pyramid Copper-Gold-Molybdenum Porphyry Project, located near tidewater in southwest Alaska.At a 0.21% copper equivalent cut-off, total contained copper in the Inferred resource category is estimated to be

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Glen Eagle Resources Inc.: Corporate Update 0

MONTREAL, QUEBEC — (Marketwired) — 05/09/13 — Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company") is pleased to announce that the Company has formed in Nicaragua a legally constituted company called Sandgold SA which is in process of being a wholly owned subsidiary of Glen Eagle.The main objective for Sandgold is to achieve gold production in Nicaragua. A considerable amount of time and effort has been dedicated over the past year in serving this

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Allana to Present at BMO Capital Markets 2013 Farm to Market Conference 0

TORONTO, ONTARIO — (Marketwired) — 05/09/13 — Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF) ("Allana" or the "Company") today announced that Farhad Abasov, Allana-s President and Chief Executive Officer, will be presenting at BMO Capital Markets- 2013 Farm to Market conference in New York City on Tuesday, May 14 at 11:30 a.m. ET in Ballroom 3 at the Grand Hyatt New York.A live webcast of the investor presentation will be available at the following link:About Allana Potash

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Amerilithium Announces New Technical Report & Provides Exploration Update for Nevada Based Jackson Wash Lithium Project 0

HENDERSON, NV — (Marketwired) — 05/09/13 — Amerilithium Corp. (OTCQB: AMEL) ("Amerilithium" or the "Company") announces that it has received a new technical report (the "Report") on the Company-s Jackson Wash Lithium Brine Project (the "Jackson Wash Project") in Esmeralda County, Nevada. According to the Report, the Jackson Wash Project has the potential to contain economic lithium resources. As such, the Company confirms the location of its previously

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Detour Gold to File Financial Results for the First Quarter on May 10 2013 Guidance Revised 0

TORONTO, ONTARIO — (Marketwired) — 05/09/13 — Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") reports that it will file its financial results for the first quarter of 2013 on May 10, 2013. Details of the Company-s financial results are described in the Unaudited Interim Condensed Consolidated Financial Statements and Management-s Discussion and Analysis will be available on the Company-s website at or on SEDAR at . The Company had reported its first

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Virginia: Option to Acquire a NSR Royalty and Private Placement With TerraX Minerals 0

QUEBEC CITY, QUEBEC — (Marketwired) — 05/09/13 — Virginia Mines Inc. ("Virginia") (TSX: VGQ) is pleased to announce that it has entered into an agreement with TerraX Minerals Inc. ("TerraX") pursuant to which it has the option to purchase, in consideration for an amount of $2,000,000, a 2% net smelter return (NSR) royalty on the Northbelt property located in the area of Yellowknife, Northwest Territories. Virginia issued 20,000 shares at a deemed price of $10.00 per shar

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