TORONTO, ONTARIO — (Marketwire) — 06/08/12 — Shear Diamonds Ltd. (TSX VENTURE: SRM) ("Shear") is providing a processing and operations update with respect to the high grade concentrate stockpiles at its Jericho diamond mine:Shear-s processing activities to date are meeting two of Shear-s three stated goals, in that (i) Shear has demonstrated that a significant number of diamonds went unrecovered by Jericho-s prior operators and can be recovered and (ii) Shear has acquired (and con
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/08/12 — Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) announced today that the company has filed the final prospectus outlining the details of a rights offering in which all existing shareholders, subject to applicable law, may participate on an equal, proportional basis in purchasing additional common shares. The offering is expected to raise approximately US$1.8 billion in gross proceeds.The rights offering is part of the comprehensive fi
RENO, NV — (Marketwire) — 06/08/12 — Focus Gold Corp. (or "Focus" or the "Company") (OTCQB: FGLD) (OTCBB: FGLD) is pleased to announce the Global Investor Conference Call is now hosted to the company website, and can be listened to by clicking the following link:Management would like to inform Investors the company will be posting regular communications and updates to the new Focus Gold company blog. On a regular basis, CEO Grant White will be writing and publishing a se
TORONTO, ONTARIO — (Marketwire) — 06/08/12 — Silver Bear Resources Inc. ("Silver Bear" or the "Company") (TSX: SBR) is pleased to announce that it has closed the first tranche of its private placement financing through the sale of 3,507,405 units (the "Units") at a price of $0.345 per Unit for gross proceeds of approximately $1,210,000 (see Press Release Dated May 25, 2012). Each Unit consists of one common share of the Company (a "Common Share") and
LAVAL, QUEBEC — (Marketwire) — 06/08/12 — Typhoon Exploration Inc. – (TSX VENTURE: TYP) announces the results of its winter drilling campaign on the Fayolle Project, 100%-owned by Typhoon. This Project is comprised of 39 mining claims and covers a surface of approximately 1475.12 hectares. It is located within the Aiguebelle and Clericy townships, at approximately 25 kilometers north-east of the town of Rouyn-Noranda. Typhoon Exploration Inc. acts as manager on this project, under an option
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/08/12 — Highland Resources Inc. (TSX VENTURE: HI) ("Highland" or the "Company") is pleased to announce that further to its press release of November 1, 2011, the Company has executed an amendment agreement ("JV Amendment") to its Joint Venture Agreement with BRP LLC and Keweenaw Copper Co. (the "Original JV Agreement"). The key terms of the JV Amendment are as follows:The Company entered into the Origina
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/08/12 — GoldQuest Mining Corp. (TSX VENTURE: GQC)(FRANKFURT: M1W)(BERLIN: M1W) ("GoldQuest" or the "Company") is pleased to announce that it has commenced a diamond drill holes program at its 100% owned Romero Discovery, located on Las Tres Palmas trend in the Dominican Republic.The program will focus on testing lateral extensions to the north, south, east and west of its recent discovery hole LTP-90 (231m grading 2.40 g/t
Kaminak Director Receives Canadian Institute of Mining Award
CARSON CITY, NV — (Marketwire) — 06/08/12 — Siga Resources Inc () (OTCBB: SGAE)Siga Resources announces that the company will receive market coverage from FirstFinancialNews.com.Scott Crompton, President of First Financial News stated, "We see great potential for Siga within the mineral resource exploration and development areas. Siga-s corporate strategy targeting precious metal properties is very exciting over the long term of Siga-s projects."Siga Resources (OTCBB: SGAE) has ag
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/08/12 — Woulfe Mining Corp. (TSX VENTURE: WOF)(OTCQX: WFEMF)(FRANKFURT: OZ4) would like to correct an error in their June 7th press release.The correct paragraph is -The Company is working to make up the time lost by changing the design of the mine access, expanding the existing access to 5×5 will save money and time to get to production. The access tunnel will begin in early July 2012. At the same time we will purchase the land from the count
