VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/09/13 — Prominex Resource Corp. (the "Company" or "Prominex") (TSX VENTURE: PXR) – The Company has closed the private placement announced on April 5th, 2013. Prominex placed 21,370,000 Units priced at $0.015 for net proceeds of $320,550. Each Unit comprises one common share and one full share purchase warrant. Each warrant is exercisable into one common share for a period of 12 months from closing at a price of $0.05 per s
MONTREAL, QUEBEC — (Marketwired) — 04/09/13 — Malaga Inc. ("MLG") (TSX: MLG) reports that it has reached an agreement to sell all of its shares in Hidroelectrica Pelagatos S.A.C. ("Hidropesac") for cash proceeds of $650,000. Hidropesac owned and operated the 600kW hydro electric power plant. MLG has received a deposit of $325,000 and the balance will be received on closing which should occur within the coming weeks. All amounts are in US dollars unless otherwise indicate
SUGARLAND, TX — (Marketwired) — 04/09/13 — Researched by Industrial Info Resources (Sugar Land, Texas) — Sustained high prices for gold and silver are helping drive project activity in Metals & Minerals projects in Colorado, shown by expansion of producing properties and attempts to reopen idled mines and mills, industry sources tell Industrial Info Resources. Colorado Goldfields Incorporated (OTCQB: CGFI) (Lakewood, Colorado) and Rio Grande Silver Incorporated (Creede, Colorado), a sub
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/09/13 — Energold Drilling Corp. (TSX VENTURE: EGD) ("Energold" or "the Company") is pleased to announce record high annual revenue in 2012 of $141.5 million across three business divisions, representing a 6.0% increase over 2011 revenue of $133.5 million, despite a challenging year for commodities overall. Notwithstanding the downturn in mineral drilling activity in mid-2012, the Company achieved gross margins of 22.9% for
Highlights: – 500-metre southeast step-out holes from previous high-grade zone discovery return intercepts of 25 metres grading 4.6 g/t Au, including 12.9 metres averaging 7.4 g/t Au (DDH 378), and 10.2 metres grading 12.5 g/t Au (DDH 384); – 300-metre step-out hole to the northwest of deposit intersects near-surface mineralization of up to 20 metres averaging 2.0 g/t Au; – Infill drilling on Section 1200m SE continues to improve mineralization in the southeast High-Grade Zone with up to 24.8 me
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/09/13 — Luna Gold Corp. (TSX: LGC)(OTCQX: LGCUF)(LMA: LGC) ("Luna Gold" or the "Company") today announced the completion of a mineral Proven and Probable Reserve update at its Aurizona Gold Mine in Brazil.Highlights"Luna Gold is very pleased to announce this substantial increase in reserves at Piaba. The April 2013 Reserve, when combined with the current Phase I expansion, will lead to greater than anticipated gold pr
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/09/13 — Red Eagle Mining Corporation (TSX VENTURE: RD)(OTCQX: RDEMF) is pleased to announce additional assay results from the Phase Four drill programme at the San Ramon Deposit, Santa Rosa Gold Project, Antioquia, Colombia. Highlights from an additional 15 drill holes (SR-197 to SR-211) include intercepts:"Our delineation drilling continues to confirm continuity of strong high grade gold mineralisation within the extent of a potential op
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/09/13 — Victory Ventures Inc. (TSX VENTURE: VVN)(FRANKFURT: VV0) (the "Company") is pleased to report that it has completed a drill contract for its planned diamond drilling program on the Copau Property, located in the Iskut District of northern British Columbia (the "Property"). A contract for the upcoming drill program has been signed with Blackhawk Drilling Ltd. of Smithers, BC. Victory Ventures is exploring for copper
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/08/13 — New Pacific Metals Corp. (TSX: NUX) ("New Pacific" or the "Company") is pleased to announce that the Company has paid US$3.5 million ("Initial Payment") for an 80% interest in Fortress Mining Inc., a subsidiary of Silvercorp Metals Corp., pursuant to the terms of an agreement dated December 14, 2012 (the "Agreement"). Please refer to the Company-s news releases dated December 21, 2012 and Februa
Conference Call With Management on Tuesday, April 9, 2013
