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Mining & Metals

Stornoway Welcomes Clarity on Future Quebec Mining Taxation 0

MONTREAL, QUEBEC — (Marketwired) — 05/07/13 — Stornoway Diamond Corporation (TSX: SWY) welcomes the recent announcement by the Government of Quebec pertaining to future legislation for mining taxation and royalties. The announcement will help to alleviate the uncertainty around taxation that has been prevalent in the Quebec mining sector for several months. The Government of Quebec has demonstrated a balanced approach that is sensitive to the challenges facing the industry, and which recogn

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SEMAFO Provides Notice of First Quarter 2013 Results Release and Conference Call 0

MONTREAL, QUEBEC — (Marketwired) — 05/07/13 — SEMAFO Inc. (TSX: SMF)(OMX: SMF) today announced that the Corporation-s 2013 first quarter results will be released on Monday, May 13, 2013. The financial statements will be available on the Corporation-s website at or at .SEMAFO-s senior management will host a conference call to discuss the first quarter financial and operational results, as well as to provide an update on the Corporation-s activities.The conference call will be archived for r

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SEMAFO Provides Notice of First Quarter 2013 Results Release and Conference Call 0

MONTREAL, QUEBEC — (Marketwired) — 05/07/13 — SEMAFO Inc. (TSX: SMF)(OMX: SMF) today announced that the Corporation-s 2013 first quarter results will be released on Monday, May 13, 2013. The financial statements will be available on the Corporation-s website at or at .SEMAFO-s senior management will host a conference call to discuss the first quarter financial and operational results, as well as to provide an update on the Corporation-s activities.The conference call will be archived for r

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Monarques Acquires a Gold Property in Val-d-Or 0

QUEBEC CITY, QUEBEC — (Marketwired) — 05/07/13 — MONARQUES RESOURCES INC. ("Monarques" or the "Company") (TSX VENTURE: MQR) is pleased to announce the acquisition of the gold property. Located 30 km East of Val-d-Or, it comprises 53 claims for a total area of 30 km2. Underground work has been carried out on the Regcourt property in 1946-47, and we can still find a 544-foot-deep (165 m) and 1,317 feet (400 m) of drifts on it.Under the agreement with the sellers, which is

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Hunt Mining Corp. Announces Addition of La Josefina and La Valenciana to Its Exploration Agreement With Eldorado Gold Corporation 0

SPOKANE, WASHINGTON — (Marketwired) — 05/07/13 — Hunt Mining Corp. (the "Corporation") (TSX VENTURE: HMX) is pleased to announce it has added the La Valenciana / La Josefina project in Santa Cruz, Argentina to its Exploration Agreement with Eldorado Gold Corporation ("Eldorado"). The La Valenciana project lies to the west of and is contiguous with the Corporation-s La Josefina project.As part of Eldorado-s acceptance of the La Valenciana / La Josefina project into the Ex

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Orbite Announces Appointment of Executive Vice-President and Chief Operating Officer 0

MONTREAL, QUEBEC — (Marketwired) — 05/07/13 — Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Company") today announced the appointment of Mr. Glenn R. Kelly as Executive Vice-President and Chief Operating Officer. The Company also announced a new Board of Directors committee, made changes to its Investor and Media Relations programs, and announced the date for the annual general meeting.Executive Vice-President and Chief Operating OfficerMr. Glenn R. Kel

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Step-Out Trenching at Calibre-s 100% Owned Riscos de Oro Deposit Returns 13.50 m Grading 3.26 g/t Gold and 14.7 g/t Silver Eastern Epithermal District, Borosi Concessions, Nicaragua 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/07/13 — Calibre Mining Corp. (TSX VENTURE: CXB) (the "Company" or "Calibre") is pleased to provide an update on the Company-s exploration activities and recent discoveries at the 100% owned Riscos de Oro gold-silver deposit and other high priority targets in the Eastern Epithermal District on the Borosi Concessions, northeast Nicaragua. Calibre controls a 100% interest in 429 km2 of mineral concessions in the Mining Triang

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Animas Resources Completes $625,000 Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/07/13 — Animas Resources Ltd. (TSX VENTURE: ANI) announces that the non-brokered private placement announced on April 4, 2013 and amended on April 29, 2013 has been oversubscribed for gross proceeds of $625,000 and it will be closed shortly. The terms of the offering were amended to change the unit price from $0.06 to $0.05 per unit. Each unit includes one common share and one common share purchase warrant to buy another common share at $0.10

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Colorado Resources Signs Option and Joint Venture Agreement With Gold Fields to Conduct Up to $20 Million in Exploration on Its Oro Property, Yukon 0

WEST KELOWNA, BRITISH COLUMBIA — (Marketwired) — 05/07/13 — COLORADO RESOURCES LTD. (TSX VENTURE: CXO) ("Colorado" or the "Company") is pleased to announce it has entered into an option and joint venture agreement (the "Agreement") with a wholly owned subsidiary of Gold Fields Limited, Gold Fields Selwyn Exploration Corporation ("Gold Fields"), whereby Colorado has agreed to transfer to Gold Fields up to a 70% interest in certain mineral claims held b

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Argentium Resources Inc. and Taku Gold Corp. Sign LOI for Joint Venture of Sill Lake Property 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/07/13 — Taku Gold Corp. (the "Company") (TSX VENTURE: TAK) and Argentium Resources Inc. ("Argentium") (CNSX: AOK) are pleased to announce that they have signed a binding Letter of Intent ("LOI) to form a joint venture for the purpose of exploring and developing Argentium-s 17-claim Sill Lake property located in Van Koughnet Township about 30 km north of Sault Saint, Marie, Ontario.Argentium will grant Taku the exclusi

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