Commencement of Construction at the Otjikoto Project Acceptance of a Committed Letter of Offer for a $150 Million Secured Revolving Corporate Loan Facility
CALGARY, ALBERTA — (Marketwire) — 01/10/13 — BACANORA MINERALS LTD. (the "Corporation" or "Bacanora") (TSX VENTURE: BCN) announces the issuance of an aggregate of 192,000 common shares at a price of $0.25 per share to James Leahy, a director of the Corporation. The foregoing shares are being issued in payment of services rendered under a consulting agreement pursuant to which Mr. Leahy has provided various corporate financial advisory services to Bacanora. The foregoing
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/10/13 — ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE: AIX)(FRANKFURT: 37N) has scheduled a site visit for its Golden Granite Project, located 112 kilometers (70 miles) northwest of Phoenix along Highway 93. The Golden Granite Project includes both the historic Big Stick Mine with high-grade quartz veins reporting historic grades of 13 g/t Au (0.4 oz/ton) over one meter widths (see news release, November 5th,
TORONTO, ONTARIO — (Marketwire) — 01/10/13 — Superior Copper (TSX VENTURE: SPC) has commenced its second phase drill program at the SB Zone. The program is two-fold set to extend the known strike length and depth of the ore zone as well as to infill gaps between previous drill holes. The SB Zone is a vein breccia system host to high-grade (Cu) massive sulphides, most notably chalcocite, that extends to the south of the original Coppercorp Mine deposit.In the Fall of 2011 the company interse
DENVER, CO — (Marketwire) — 01/10/13 — Golden Star Resources Ltd. (NYSE MKT: GSS) (TSX: GSC) (GHANA: GSR) ("Golden Star" or the "Company") today announced it has received the environmental and mining permits for Phase I development of the Prestea Underground mine. All references in this press release to "$" are to United States dollars."These permits allow the Company to commence initial development in the Central Shaft area in order to achieve early produc
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/10/13 — Cypress Development Corp. (TSX VENTURE: CYP) (OTC PINK: CYDVF) (the "Company") announces that it will make an application with the TSX Venture Exchange to extend the exercise period of a total of 19,245,000 non-transferable share purchase warrants (the "Warrants") for a further one year term.The 19,245,000 Warrants were issued in connection with a 19,245,000 unit private placement which closed on January 24, 2011. T
Preliminary Results and Core Pictures Available On SLAM Webpages
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/10/13 — Hana Mining Ltd. (the "Company" or "Hana") (TSX VENTURE: HMG)(FRANKFURT: 4LH)(BOTSWANA: HANA) is pleased to confirm that the Botswana Ministry of Mines has granted the formal renewal of the Ghanzi Project prospecting licenses for an additional two year period ending December 31, 2014.The renewed licenses consist of five license blocks (PL001/2006, PL002/2006, PL003/2006, PL004/2006, and PL005/2006) covering approxim
ROUYN-NORANDA, CANADA — (Marketwire) — 01/10/13 — Explor Resources Inc. (TSX VENTURE: EXS)(OTCQX: EXSFF)(FRANKFURT: E1H)(BERLIN: E1H) is pleased to announce the beginning of a 10,000 meter drilling program on the Timmins Porcupine West Property. The recently completed diamond drilling programs have successfully confirmed the model and the gold bearing mineralized structure for more than 2000 meters of strike length at a vertical depth from 600 to 900 meters. It is currently open on strike a
EDMONTON, ALBERTA — (Marketwire) — 01/10/13 — Synodon Inc. ("Synodon") (TSX VENTURE: SYD), announces that the Canadian Intellectual Property Office has awarded it a new, broad Patent for its realSens technology. The apparatus patent covers the implementation of the gas filter correlation radiometer (GFCR) using a novel, bi-prism optical element to create the two measurement paths typical in all GFCRs. The patent is not application specific and covers any potential gas sensing mark
