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Mining & Metals

Oroco and Goldgroup Sign Formal Sale Agreement for Cerro Prieto 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/10/13 — Oroco Resource Corp ("Oroco") (TSX VENTURE: OCO)(FRANKFURT: OR6) and Goldgroup Mining Inc. ("Goldgroup") (TSX VENTURE: GGA)(OTC: GGAZF)(BMV SIC: GGAN.MX) (the "Companies") are pleased to announce that, further to the binding letter agreement between them (see News Release dated January 28, 2013), the Companies have now signed a formal agreement whereby Goldgroup will effectively purchase from Oroco a 100%

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Superior Copper Acquires Additional Property in Batchawana 0

TORONTO, ONTARIO — (Marketwired) — 04/10/13 — Superior Copper Corp. (TSX VENTURE: SPC) has entered into an agreement to acquire the remaining portion of the Jogran Porphyry and Richards Breccia properties as well as 100% of 19 claims totaling 20 square kilometres that are contiguous to Superior Copper-s current position in the Batchawana Camp. Subject to regulatory approval, Superior Copper will issue 4,000,000 common shares to RSS Syndicate in consideration for the aforementioned propertie

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Trevali Provides Santander Processing Plant Update; Dry Commissioning of Mill Commenced 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/10/13 — Trevali Mining Corporation ("Trevali" or the "Company") (TSX: TV)(TSX: TV.WT)(OTCQX: TREVF)(LMA: TV)(FRANKFURT: 4TI) wishes to provide a construction update on its 2,000 tonne-per-day Santander Zinc-Lead-Silver Mine development in Peru (Figure 1). Despite unusually challenging weather in the Andes all major civil construction has now been completed, plant civil contractors demobilized and the major plant circuits h

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AXMIN Closes First Tranche of the Offering With Dickson Resources Limited 0

TORONTO, ONTARIO — (Marketwired) — 04/10/13 — AXMIN Inc. (TSX VENTURE: AXM) ("AXMIN" or the "Company") is pleased to announce that it has closed the first tranche of the previously announced private placement (the "Offering") of 16,466,666 Units for gross proceeds of approximately C$2.47 million. The remaining C$4.38 million (the "Escrow Amount") has been placed in escrow by the subscriber Dickson Resources Limited ("Dickson"). Each Unit con

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NuLegacy Gold Arranges 10 Million Unit Private Placement 0

RENO, NEVADA — (Marketwired) — 04/10/13 — NuLegacy Gold Corporation (TSX VENTURE: NUG)(PINKSHEETS: NULGF) has arranged, subject to acceptance of the TSX Venture Exchange (the "Exchange"), a non-brokered private placement of 10 million units ("Units") at a price of $0.10 per Unit to raise $1.0 million. Each Unit consists of one common share and one share purchase warrant, with each warrant entitling the holder thereof to purchase one additional common share of the Company

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Eagle Hill Extends Gold Mineralization to a Depth of 870 Meters With 15.34 g/t Gold Over 11.0 Meters at Windfall Lake 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/10/13 — Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") (TSX VENTURE: EAG)(OTCQX: EHECF)(FRANKFURT: EH0) is pleased to announce assay results from its 2012 drill program at the Windfall Lake Gold Property in Northwestern Quebec (the "Property" or "Windfall Lake"). The new results include the deepest high grade wide gold mineralization discovered to date at Windfall Lake, below the Red

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Timmins Gold Reports Record Production of 28,328 Gold Ounces for the First Quarter of 2013 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/10/13 — Timmins Gold Corp. (TSX: TMM)(NYSE MKT: TGD) is pleased to report preliminary production results for the Company-s first quarter ended March 31, 2013. The Company achieved record gold production of 28,328 ounces for the quarter, an increase of 31.6% over the same period last year."We had a record operating quarter to start 2013," stated Bruce Bragagnolo, CEO of Timmins Gold. "We continue to realize the benefit of our St

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Gold Reach Announces Positive Preliminary Metallurgical Results From the Seel Deposit 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/10/13 — Gold Reach Resources Ltd. (TSX VENTURE: GRV) (Gold Reach and/or the Company) is pleased to announce results of metallurgical testing conducted on samples from the company-s 100% owned Ootsa Property, located adjacent to the producing Huckleberry Mine south of Smithers, British Columbia.HIGHLIGHTSMetallurgical StudiesMetallurgical testing was performed by Inspectorate Exploration and Mining Services Ltd. located in Richmond British Col

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Mercator Minerals Reports Progress at the Mineral Park Mine 0

Modifications to the grinding circuit have increased throughput by 20% (All references to $ are for US dollars)

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Moly Mines Company Update 0

TORONTO, ONTARIO — (Marketwired) — 04/10/13 — Moly Mines Limited (TSX: MOL)(ASX: MOL) advises that the Board and the Company-s major shareholder Hanlong Mining Investments Pty Ltd (Hanlong) have agreed the following in respect of the composition of the Board:With respect to the Company-s merger and acquisition strategy, Hanlong has advised that it maintains its support for that strategy. Although it is unlikely that Hanlong will be in a position to directly financially support an acquisitio

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