VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Sandstorm Metals & Energy Ltd. ("Sandstorm") (TSX VENTURE: SND) is pleased to announce that production has commenced at the Bracemac-McLeod Mine ("Bracemac-McLeod") at an average rate of 3,000 tonnes per day. The mine operator, Glencore Xstrata plc, is now processing copper and zinc ore from the mine and Sandstorm is entitled to purchase an amount equal to 24.5% of the copper produced through its copper stream
TORONTO, ONTARIO — (Marketwired) — 05/16/13 — McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to announce that the Company will be expanding the El Gallo 1 Mine in Sinaloa, Mexico. The Company expects this expansion will significantly increase gold production for a small amount of capital."With today-s lower gold and silver prices and capital markets effectively shut to junior mining companies, one is forced to look closer at low cost alternatives in order to grow profitability. On
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/
Hires Former ASML-s Keith Best as Director of Photolithography; Tasked With Driving Roadmap to 0.15 Microns
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
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
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
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
