TORONTO, ONTARIO — (Marketwire) — 05/24/12 — Caledonia Mining Corporation ("Caledonia" or the "Company") (TSX: CAL)(OTCQX: CALVF)(AIM: CMCL) is pleased to announce that two further agreements have been signed in respect of the transfer of 20% of the Blanket Mine in Zimbabwe ("Blanket") to two Indigenous Zimbabwean Trusts. These agreements have been made in accordance with the Memorandum of Understanding ("MoU"), which was signed with the Government of
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/23/12 — North American Tungsten (TSX VENTURE: NTC) ("NTC" or the "Company"), the leading North American tungsten concentrate supplier, today reported net income of $2.5 million or $0.01 earnings per diluted share, and EBITDA(1) of $8.8 million for its fiscal second quarter ending March 31, 2012, compared with a loss of $8.0 million, or $0.04 per diluted share, and negative EBITDA(1) of $6.8 million for the prior-year period
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/23/12 — Amarillo Gold Corp. (TSX VENTURE: AGC) ("Amarillo" or the "Company") announces it is not aware of any reason for the recent rise in the Company-s share price. There are no undisclosed material changes in the affairs of the Company that might cause such an increase in share price.Buddy Doyle, Amarillo CEO, commented, "The share price rose on small trading volume of similar magnitude to the share price decline th
TORONTO, ONTARIO — (Marketwire) — 05/23/12 — McLaren Resources Inc. ("McLaren") (CNSX: MCL)(FRANKFURT: 3ML) is pleased to provide and update on exploration progress at the TimGinn Property located on strike and adjacent to the Goldcorp owned Hollinger/McIntyre mine complex that has produced over 30m oz of gold to date.Following the success of the initial exploration drill program which was announced on February 13, 2012, McLaren has filed on Sedar an initial NI 43-101 geological r
TORONTO, ONTARIO — (Marketwire) — 05/23/12 — U3O8 Corp. (TSX VENTURE: UWE)(OTCQX: UWEFF), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, reported the grant of 3,450,000 stock options to employees, directors and consultants pursuant to the company-s stock option plan. The stock options were issued at an exercise price of $0.42, vest over 18 months and will expire on May 23, 2017.About U3O8 Corp.U3O8 Corp. is a To
Bid offers substantial premium to all shareholders of Asian Minerals
TORONTO, ONTARIO — (Marketwire) — 05/23/12 — Labrador Iron Mines Holdings Limited ("LIM" or the "Company") (TSX: LIM) will be releasing its March 2012 fourth quarter and year-end results before the market opens on Wednesday, June 20, 2012. LIM-s financial statements and Management-s Discussion and Analysis will be available on the Company-s website and filed on SEDAR ().Members of the senior management team will host a conference call and webcast on Wednesday, June 20, 2
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/23/12 — Blue Gold Mining Inc. (TSX VENTURE: BGX) is pleased to announce the appointment of Mr. Scott Heffernan to its management team as Vice President, Exploration.Scott is a registered professional geologist with 15 years of hands-on exploration and management experience focused on the Cordillera of North and South America. Prior to joining Blue Gold, he held the dual positions of Vice President, Exploration for Wealth Minerals Ltd., and Exp
TORONTO, ONTARIO — (Marketwire) — 05/23/12 — Desert Gold Ventures Inc. (TSX VENTURE: DAU) (the "Company" or "Desert Gold") is pleased to announce positive results of the ongoing drill program at its Byumba Gold Permit in Rwanda. Desert Gold is conducting core drilling to increase the current 43-101 compliant inferred resource of 5,551,000 tons at a grade of 1.48g/t Au (265,000 ounces) by drilling along the extensions of the deposit. In its latest program Desert Gold dril
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/23/12 — Skyline Gold Corporation (TSX VENTURE: SK) ("Skyline" or the "Company") announces the completion of its previously-announced consolidation and change of name.The Company has consolidated its common shares on the basis of ten (10) pre-consolidation shares for every one (1) post-consolidation share and changed its name to "SnipGold Corp.".The Company-s common shares will begin trading on a post-consolidation
