Q4 Fiscal 2012 Revenue Increased to $37.1 Million From $34.9 Million in Q4 2011; Fiscal 2012 Revenue Increased to $145.0 Million From $133.3 Million in Fiscal 2011; Fiscal 2012 Net Debt Was Reduced by $10.1 Million
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/20/12 — Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or "the Company") is pleased to announce that the Company has received the Pinjam Pakai forestry permit for its West Lombok property, allowing the Company to resume full-scale exploration activities on the property."I am pleased to announce that we are in a position to fully re-engage exploration activities on our flagship West Lombok propert
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/20/12 — Equinox Exploration Corp. (TSX VENTURE: EQX) (Equinox) announces that it continues to locate new copper manto mineralization during its on-going exploration program at its Aura copper project in the Atacama Desert Region of north central Chile. A total of 6 mantos have been identified to date. Equinox is reporting the new results along with results from sampling earlier this year that ranged from 0.88% to 4.40% copper.The North manto i
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/20/12 — MAG Silver Corp. (TSX: MAG)(NYSE MKT: MVG)(NYSE Amex: MVG) ("MAG" or the "Company") On Monday afternoon, MAG issued a press release responding to reports from local media in Mexico that landholders from the local community of Ejido Benito Juarez (the "Ejido") voted during an assembly meeting on the evening of Saturday, November 17, to expel MAG from its Cinco de Mayo property and establish a 100 year minin
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/20/12 — Oro Mining Ltd. ("Oro Mining" or the "Company") announced today that it has received Mexican federal government approval of its Environmental Impact Statement (MIA), and has commenced pre-construction activities on its 100% owned La Trinidad project. Construction is planned to have a duration of ten months with gold production shortly thereafter. Also, the Board of Directors have approved a name change of the Compan
Overall Resource Increases; Remains Open at Depth & Along Strike
SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwire) — 11/20/12 — Noranda Income Fund (TSX: NIF.UN) announced today that the Board of Trustees of Noranda Operating Trust has approved a distribution for the month of November 2012 of $0.04167 per priority unit (each, a "Priority Unit") payable on December 27, 2012 to Priority Unitholders of record as at the close of business on November 30, 2012.There is no assurance that monthly distributions will continue in the future, nor is there an
CALGARY, ALBERTA — (Marketwire) — 11/20/12 — Sino Cement, Inc. (OTC PINK: OCEE). Mr. Marco Garduno Chavez, Director of, Sino Cement Inc. is pleased to announce the appointment of Mr. Meir (Mack) Frankel to the Board of Directors. Mack Frankel has been very successful in real estate acquisitions, funding syndications, business combinations, and as a financier.Mr. Frankel, holds a Doctorate Degree from NYU, and has been the owner of, Town & Country Commercial, Inc., for the last 7 years
TORONTO, ONTARIO — (Marketwire) — 11/20/12 — The directors of Canstar Resources Inc. (Canstar) (TSX VENTURE: ROX) are pleased to report that diamond drilling has commenced on the Mary March property in the Buchans area of Newfoundland and Labrador.This property is held via a 50/50% joint venture between Canstar and Xstrata Zinc Canada. Canstar is the operator.This first phase of exploration, to be completed before year end, will consist of eight holes designed to test the Mary March and Nan
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/20/12 — Silver Range Resources Ltd. (TSX VENTURE: SNG)(TSX VENTURE: SNG.WT) ("Silver Range" or "the Company") is pleased to announce that it has received the first independent resource estimate for its wholly owned Keg Deposit and results from an initial program of metallurgical test work for that mineralization. Highlights include:"We are very pleased to have established nearly 40 million ounces of silver in our first