BOCA RATON, FL — (Marketwire) — 06/19/12 — Andes Gold Corporation (PINKSHEETS: AGCZ) a gold mining company with existing operations in Ecuador is pleased to announce that it has added a water flotation plant to the Zaruma mill. The water flotation plant will increase the capacity of the Zaruma mill by 20 tons per day to 170 tons per day. The Company projects that at capacity the mill will have an average head grade of 1.0 oz of gold per ton while processing 170 tons of ore per day.With the
RENO, NV — (Marketwire) — 06/18/12 — Vision Plasma Systems, Inc. (PINKSHEETS: VLNX) today announced the appointment of Dr. Marco Fiorello as Chief Scientist on the Senior Advisory Board. Dr. Fiorello holds Bachelor of Science degrees in Mechanical Engineering and Production Management, an MBA, and a PhD in Operations Research and Information Science, all from the University of California, Berkeley.Dr. Fiorello is a senior scientist with 30 years of practical experience in project management
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/18/12 — Mundoro Capital Inc. (TSX VENTURE: MUN) ("Mundoro" or the "Company") is pleased to announce that the board of directors of the Company has adopted a shareholder rights plan, effective June 18, 2012. The objective of the rights plan is to ensure, to the extent possible, that all shareholders of the Company are treated equally and fairly in connection with any initiative to acquire control of the Company.The rights pl
TORONTO, ONTARIO — (Marketwire) — 06/18/12 — FTG Circuits – Chatsworth, a subsidiary of Firan Technology Group Corporation (FTG), announced today that they have expanded their Nadcap accreditation. FTG Circuits – Chatsworth joins FTG Circuits – Toronto as two of only a handful of PCB manufacturers to achieve Nadcap AC7119/3, the Electronics PCB HDI accreditation.Nadcap approval to this standard is now a mandatory flow down requirement for many aerospace and defense OEMs. This accreditation
TORONTO, ONTARIO — (Marketwire) — 06/18/12 — Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG) is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101 ("NI 43-101") in support of the Company-s May 4, 2012 news release, which included an updated mineral resource estimate at its Morelos Gold Project in Mexico.The independent technical report, entitled "Guajes and El Limon Open Pit Depos
RENO, NEVADA — (Marketwire) — 06/18/12 — NuLegacy Gold Corporation (TSX VENTURE: NUG) announces a non-brokered private placement of up to 3.5 million units ("Units") at a price of $0.20 per Unit to raise up to $700,000.Each Unit consists of one common share and one share purchase warrant, each warrant entitling the holder thereof to purchase one additional common share of the Company for a period of 24 months at a price of $0.30 during the first 12 months and $0.45 during the last
– Smooth transition completed for move to owner-operator mining by Banro – One of several measures to further reduce cash costs
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/18/12 — Baja Mining Corp. ("Baja") (TSX: BAJ)(OTCQX: BAJFF) announced today that Louis Dreyfus Commodities Metals Suisse, S.A. ("Dreyfus") has commenced litigation against it in the Supreme Court of British Columbia.Dreyfus is seeking an independent investigation of the cost overruns to the Boleo Project and Baja-s disclosure thereof, as well as the removal of officers and directors which it says share responsibility for Ba
TORONTO, ONTARIO — (Marketwire) — 06/18/12 — Nautilus Minerals Inc. ("Company" or "Nautilus") (TSX: NUS)(OTCQX: NUSMF)(AIM: NUS) announces that a number of meetings have taken place with the Independent State of Papua New Guinea (the State) over the last two weeks aimed at resolving the parties- dispute relating to the Company-s Solwara 1 project and discussions will continue until a conclusion is reached.On June 1, 2012 the Company initiated the dispute resolution proce
TORONTO, ONTARIO — (Marketwire) — 06/18/12 — Crystallex International Corporation (OTCBB: CRYFQ) ("Crystallex" or the "Company") announced today that it has obtained a court order which allows it to delay holding its annual meeting pending a further order of the Court. Crystallex filed for creditor protection in Canada on December 23, 2011.In lieu of issuing a management information circular in respect of its 2011 fiscal year at this time, Crystallex will prepare and fil
