LUXEMBOURG, LUXEMBOURG — (Marketwire) — 12/11/12 — Northland Resources S.A. (TSX: NAU)(OSLO: NAUR)(FRANKFURT: NPK)(OMX: NAURo) ("Northland" or the "Company") is pleased to announce that its wholly owned subsidiary Northland Resources AB has signed a term sheet for a USD 20 million bond loan. The bond has a 12.25% interest coupon and matures February 26, 2016.The present senior secured bond issued by Northland Resources AB (the "Issuer"), with ISIN NO0010636194
MONTREAL, QUEBEC — (Marketwire) — 12/11/12 — Directors of SIRIOS RESOURCES INC. ("Sirios") (TSX VENTURE: SOI) are pleased to announce the preliminary core assay results from the drilling program recently completed on the Cheechoo gold project. Until now, only 12 samples from drill hole #1 were analyzed and yielded an average gold grade of 0.645 g/t over 12.4 metres. Grades vary from 0.154 g/t Au to 1.8 g/t Au for samples whose length is between 0.9 and 1.2 metres. Of all these res
VAL-D-OR, QUEBEC — (Marketwire) — 12/11/12 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to release an update regarding the current development of its Bachelor project.Metanor produced 1,715 ounces of gold in November, compared to 1,251 ounces in October, bringing the total production since the end of July to 6,157 ounces of gold.This can be attributed to the beginning of our production activities on level 12 and 13 in November.Since July, Metanor continues to
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MONTREAL, QUEBEC — (Marketwire) — 12/11/12 — Beaufield Resources Inc. ("Beaufield" or the "Company") (TSX VENTURE: BFD) is pleased to announce the start of a helicopter electromagnetic survey over several portions of its 100% owned Troilus property, located 150km north of Chibougamau, Quebec. The survey will focus on previously identified geophysical targets located in the vicinity of the Tortigny high-grade volcanic massive sulphides ("VMS") deposit, on which
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/11/12 — Teuton Resources Corp. ("Teuton") (TSX VENTURE: TUO)(FRANKFURT: TFE)(OTCBB: TEUTF) has received a progress report from Brigade Resources, a Hunter Dickinson company, detailing results of the 2012 exploration program on the Tennyson property. During the past field season Brigade carried out geological mapping, geochemical sampling, magnetic surveys, IP surveys, petrographic work and re-logging of all historical drill holes. Co
CALGARY, ALBERTA — (Marketwire) — 12/11/12 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF) Teras is pleased to provide its shareholders with a corporate update on the Watseca and Cahuilla projects.Teras is pleased to announce that it received a total payment of US$500,000 as partial payment pursuant to the purchase and sale agreement dated October 22, 2012 (the "Purchase Agreement") on the Watseca property in Madison County, M
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/11/12 — Silver Bull Resources, Inc. (TSX: SVB)(NYSE MKT: SVBL) ("Silver Bull") is pleased to announce the drill results for the first batch of drill holes from the underground drill program twinning a series of "long holes" in the high grade zinc zone situated below and adjacent to the high grade silver zone, located at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.The
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/11/12 — International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX: ITH)(NYSE MKT: THM)(FRANKFURT: IW9) is pleased to provide positive results from the metallurgical test work on its 100% owned Livengood Project located in Alaska.Metallurgical studies have determined that the gold recovery for the four key rock types that comprise the majority of the Livengood Gold resource will range between 77 and 88 percent. A sub
