VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/17/12 — American Consolidated Minerals Corp. (TSX VENTURE: AJC) (the "Company") announces it has arranged a non-brokered private placement of up to 20,000,000 Units at a price of $0.05 per Unit for gross proceeds of $1,000,000.Each Unit will consist of one common share of the Company and one share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.10 for a pe
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/17/12 — Citation Resources Inc. (TSX VENTURE: CTT) (the "Company") is pleased to announce that it has now commenced an initial reconnaissance exploration program and deployed a geological field crew on the Biricu Property situated in the Guerrero Gold Belt in Morelos State, Mexico.The Company has received permission from surface owners granting the Company access to conduct early-stage exploration activity on targeted areas of priori
BOUCHERVILLE, QUEBEC — (Marketwire) — 02/17/12 — Strateco Resources Inc. ("Strateco") (TSX: RSC)(FRANKFURT: RF9) is pleased to announce that the technical report to support the updated resource estimate for the Matoush uranium project, located in the Otish Mountains in northern Quebec, is now available, in English only, in the "Matoush Project-Uranium Mineral Resources" section of the Strateco-s website () and will be on SEDAR within 24 hours ().Roscoe Postle Associates
SUGAR LAND, TX — (Marketwire) — 02/17/12 — Researched by Industrial Info Resources (Sugar Land, Texas) — Demand for mined resources is continuing to drive activity in 2012. Project costs are escalating. Competition for resources and expertise is intense. Mining companies are pulling in record earnings and are investing in both organic growth and acquisitions to gain market share. Industrial Info is currently tracking more than $2 trillion in active Metals & Minerals projects worldwide.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/17/12 — Extorre Gold Mines Limited (TSX: XG)(NYSE Amex: XG)(FRANKFURT: E1R) "Extorre" or the "Company") announced at the close of market yesterday that, due to comments from the securities regulators on its Technical Report titled "Independent Technical Report Resource Estimation for the Cerro Moro Project Santa Cruz Province, Argentina" effective November 3rd, 2011 (the "Report") the Company has determi
THUNDER BAY, ONTARIO — (Marketwire) — 02/17/12 — QRS Capital Corp. (TSX VENTURE: QRS) ("QRS" or the "Company") is pleased to announce that it has entered into an option agreement (the "Option Agreement") to acquire 100% of the Las Leddas Project located in the Maricunga District of Chile. The project consists of 5,100 hectares across 24 individual concessions and is an epithermal gold porphyry system, showing a number of geological, structural and alteration si
Technical Reports Estimate Properties Contain in Excess of $1.7 Billion in Gold
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/16/12 — Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that it has issued a notice of redemption to redeem, on March 19, 2012, all of the approximately US$530 million principal amount of its outstanding 9.75% senior notes due 2014 ("2014 Notes") and approximately US$521 million principal amount, or half, of its outstanding 10.75% senior notes due 2019 ("2019 Notes" and together w
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/16/12 — Tintina Resources Inc. (TSX VENTURE: TAU)(OTCQX: TINTF) ("Tintina" or the "Company") announces that is has granted to directors, officers, employees and consultants an aggregate of 1,815,000 stock options under the Company-s Stock Option Plan. The options will be exercisable for a period of 5 years, at a price of $0.50 per share.ON BEHALF OF THE BOARD OF DIRECTORSRaj Chowdhry, C.A., Interim CEO and Executive Vice-Ch
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/16/12 — Extorre Gold Mines Limited (TSX: XG)(NYSE Amex: XG)(FRANKFURT: E1R) ("Extorre" or the "Company") has determined that it will not proceed at this time with the $50,085,000 bought deal financing previously announced on January 30, 2012. As part of the prospectus review process, Extorre received comments from the securities regulators in respect of its Technical Report titled "Independent Technical Report Resource
