VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — South American Silver Corp. (TSX: SAC)(PINKSHEETS: SOHAF) today provided a further update on recent events in Bolivia since the update on June 14th. Over the past few days Bolivian employees working for South American Silver-s Bolivian subsidiary, Compania Minera Malku Khota, individuals associated with the Company-s drill service contractor and members of local indigenous communities which support the project have been detained illega
MONTREAL, QUEBEC — (Marketwire) — 07/04/12 — Afri-Can Marine Minerals Corporation ("Afri-Can" or the "Corporation") (TSX VENTURE: AFA) announces that the Corporation will give effect to the consolidation of its common shares on the basis of four (4) pre-consolidation common shares for one (1) post-consolidation common share and that the post-consolidation common shares will commence trading on the TSX Venture Exchange at the opening of markets this Thursday, July 5, 2012
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — Minco Silver Corporation (the "Company" or "Minco Silver") (TSX: MSV)(OTCQX: MISVF)(WKN: A0ESX5) announces it has reached a settlement agreement pertaining to the break fee with Sterling ("Sterling"). The settlement of USD$675,000 has been approved by the court and was received by the Company closing the matter.About Minco SilverMinco Silver Corporation is a TSX and OTCQX listed company focusing on the acq
TORONTO, ONTARIO — (Marketwire) — 07/04/12 –Lake Shore Gold Corp. (TSX: LSG)(NYSE MKT: LSG)(NYSE Amex: LSG) ("Lake Shore Gold" or the "Company") today announced details of the Company-s operating results for the second quarter of 2012. Ore milled during the second quarter totaled 183,215 tonnes at an average grade of 4.3 gpt. The Company-s milling facility continued to perform well, with average daily mill throughput of 2,013 tonnes per day and average recoveries of 96.8%.
TORONTO, ONTARIO — (Marketwire) — 07/04/12 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") today announced the filing of its updated NI 43-101 Preliminary Economic Assessment (the "PEA") on its Eco Ridge Mine Rare Earths and Uranium Project ("Eco Ridge" or the "Project"). The PEA was prepared by Roscoe Postle Associates Inc. ("RPA") and demonstrates that Eco Ridge has excellent potential to
LA PRAIRIE, QUEBEC — (Marketwire) — 07/04/12 — The management of Vantex Resources (TSX VENTURE: VAX)(FRANKFURT: UD7A)(ALPHA: VAX) is pleased to announce an intersection of 148.50 metres at 0.80 g/t Au (along the hole) including a section at 0.99 g/t Au over 48 metres in drill hole VPE12-48, located in the area of the Hendrick showing (Galloway project).The Company did two drill holes in this area to test the in-depth extension of the Hendrick zone. Drill hole VPE12-48 intersected a litholog
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — Ascot Resources Ltd. (TSX VENTURE: AOT) is pleased to announce that the Bureau of Land Management (BLM) has released an Environmental Assessment (EA) related to Ascot-s two hardrock prospecting permit applications for geological exploration on the Mt Margaret property in the St Helens Mining District of Skamania of Washington State. The EA includes a draft Finding of No Significant Impact (FONSI). The public comment period for the EA w
WEST VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — Carmax Mining Corp. ("Carmax") (TSX VENTURE: CXM) is pleased to announce that an NI 43-101 Technical Report regarding the results of an independent estimate of Mineral Resources at its Eaglehead Cu-Mo project located in northwestern British Columbia, has been filed on SEDAR under Carmax-s profile. The NI 43-101 compliant Inferred Mineral Resources were estimated by RPA of Toronto, and include only two of the six minerali
MONTREAL, QUEBEC — (Marketwire) — 07/04/12 — KWG Resources Inc. (TSX VENTURE: KWG) has taken delivery of a 43-101 compliant resource estimate from Sibley Basin Group. The resource estimate is an update based on a 42-hole core-drilling program totaling 13,459 metres completed in March, 2012, and managed by the project operator, Cliffs Chromite Far North Inc. The objective of the program was to upgrade resources to the indicated and measured categories, suitable for use in mine design.At a 15
Highlights include 37.5 metres of 1.38 grams gold per tonne ("g/t Au") and 25.5 metres of 1.47 g/t Au
