TORONTO, ONTARIO — (Marketwired) — 05/13/13 — Canstar Resources Inc. (Canstar) (TSX VENTURE: ROX) is pleased to announce its corporate strategy under the direction of its new President and Chief Executive Officer, Danniel Oosterman.The Mary March Project remains the immediate focus of Canstar in 2013. Canstar has concluded the current exploration results from the Mary March Project justify further exploration. The 2012 drill program is under review and Mr. Oosterman has been on location at
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/13/13 — Formation Metals Inc. (TSX: FCO) ("Formation" or "the Company") announced today that on May 9, 2013 it redeemed bond debt of US$43.6 million. The debt was made available through the Federal Stimulus Package Recovery Zone Facility Bonds ("RZFB") to complete Phase I and Phase II construction of the Company-s 100% owned Idaho Cobalt Project ("ICP"). The debt was redeemed using the Company-s cash wh
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/13/13 — CB Gold Inc. (TSX VENTURE: CBJ) ("CB Gold" or the "Company") is pleased to provide summary drilling results from its Vetas Gold Project, District of Santander, Colombia ("Vetas Gold Project"), located 10 km south of AUX-s La Bodega and La Mascota deposits. Results from 4 holes include 4 separate intercepts of 5 g/t AuEq or greater.Real Minera Sheeted Vein Zone DrillingThe company has received gold assays
RATHWELL, MB — (Marketwired) — 05/13/13 — Hutech21Co. Ltd. (PINKSHEETS: CLGZF), d.b.a. Prairie Oil Field Services Ltd. ("Prairie Oil Field" or "the Company"), a mining, manufacturer and distributor of crushed gravel and sand materials in North America, announced today that it has entered into an agreement to acquire a 160-acre quarry in Manitoba. The quarry will provide Prairie Oil Field with new opportunities to expand its existing quantities of crushed gravel, as well a
MONTREAL, QUEBEC — (Marketwired) — 05/13/13 — Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Company) a company with gold ore processing operations and exploration projects in Peru, has released its unaudited condensed interim consolidated financial statements for the three-month period ended March31, 2013. The Company is pleased to report that for Q1-2013, it recorded a net income of $3.0 M ($0.08 per share) compared to $1.7 M ($0.05 per share) in Q1-2012 and cash flow from operating a
TORONTO, ONTARIO — (Marketwired) — 05/13/13 — Russel Metals Inc. (TSX: RUS) announced voting results from its 2013 annual meeting of shareholders held on May 2, 2013. A total of 34,721,237 common shares were represented at the meeting in person or by proxy, representing 57.09% of the 60,816,440 issued and outstanding common shares as of the record date on March 15, 2013.Shareholders voted in favour of all items of business, including the election of each nominee director by a substantial ma
– Draft Water Licence and Land Use Permits Issued for Prairie Creek Mine – Encouraging Results from Drilling at South Tally Pond
First 10 holes return significant grade including 25.6 meters of 4.86 g/T of gold
CALGARY, ALBERTA — (Marketwired) — 05/13/13 — New Millennium Iron Corp. ("NML" or the "Company") (TSX: NML) (OTCQX: NWLNF) announced today corporate and project updates.DSO Project Update:The DSO Project is owned and operated by Tata Steel Minerals Canada Limited ("TSMC"), which in turn is 80% owned by Tata Steel and 20% owned by NML.The construction of the processing complex and ancillary facilities is progressing well. Commissioning of the process plant and f
JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 05/13/13 — AngloGold Ashanti (NYSE: AU)New CEO appointed as the head of strong, cohesive management team.Adj. Headline Earnings increase six-fold quarter-on-quarter despite 4.8% drop in gold price.Production of 899,000oz, up from 859,000oz the previous quarter.Total cash cost of $894/oz, better than guidance on improved cost controls.Key projects progress on schedule, on budget; Capital expenditure of R512m.Balance sheet remains robust with $3.4bn
