ROUYN-NORANDA, CANADA — (Marketwire) — 10/12/11 — EXPLOR RESOURCES INC. (TSX VENTURE: EXS)(PINK SHEETS: EXSFF)(FRANKFURT: E1H)("Explor" or the "Company") is announcing that the brokered private placement of up to 25,000,000 units of Explor to raise aggregate gross proceeds of up to CDN$10,000,000 (the "Offering") announced on August 25, 2011 has not been closed yet. The Company expects to close this private placement in the coming weeks and has requested an ext
Gregory Radke Resigns Following Sale of Melior Resources Holdings
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Orsa Ventures Corp. (TSX VENTURE: ORN) ("Orsa" or the "Company") announced today that, based on positive geophysical results from the previously announced Tensor IP survey, the Company has staked an additional 153 claims around the Ashby Property (the Property) in Nevada. Two areas of much higher IP effects have been detected in the survey. The two IP area highs are consistent with the concept of a potential porphyr
TORONTO, ONTARIO — (Marketwire) — 10/12/11 — White Tiger Gold Ltd. ("White Tiger") (TSX: WTG) and Century Mining Corporation ("Century") (TSX VENTURE: CMM) jointly announce that White Tiger has obtained approval from the Government of Canada under the Investment Canada Act in respect of the proposed business combination whereby White Tiger and Century will combine under a plan of arrangement (the "Business Combination") resulting in Century becoming an indirect
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Centurion Minerals Ltd. (TSX VENTURE: CTN) ("Centurion", "the Company") wishes to update its shareholders on the progress of its exploration and drilling activities on the Nareh epithermal gold prospect within the Badak Property in North Sumatra.This epithermal gold prospect, together with porphyry copper and gold-copper skarn prospects (originally announced in a news release dated August 11, 2011), occurs in a 1.2
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Indicator Minerals Inc. (TSX VENTURE: IME) today announced the appointment of Mr. Jonathan Singh as the Company-s new Chief Financial Officer."We are pleased to have Jonathan in the role of CFO at Indicator and I look forward to his contributions to the Company-s strategic and financial planning," says Bruce Counts, President and CEO. "Jonathan-s experience in the resource industry adds further breadth to our management
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Gunpoint Exploration Ltd. (TSX VENTURE: GUN) ("Gunpoint") has commenced a 4,000 meter core drill program on its 100% owned Talapoosa gold-silver project in Nevada. In 2010, Mine Development Associates of Reno, Nevada provided a NI 43-101 compliant Measured + Indicated Resource of 632,000 ounces of gold (0.84 g/tonne Au) and 8,226,000 ounces of silver (11.2 g/tonne Ag), and an Inferred Resource of 326,000 ounces of gold (0.813
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Fortress Paper Ltd. () ("Fortress" or the "Company") (TSX: FTP) wishes to announce the commencement of the final phase of the dissolving pulp conversion project at its Fortress Specialty Cellulose Mill in Thurso, Quebec and the signing of new banknote paper orders at its Landqart Mill in Landquart, Switzerland.Thurso Quebec:The Fortress Specialty Cellulose Mill was purchased by Fortress in early 2010 with the plan t
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Coronet Metals Inc. (TSX VENTURE: CRF) ("Coronet" or the "Company") announces that it has engaged Doyle Investments Inc. ("Doyle") of Vancouver, British Columbia, pursuant to which Doyle has agreed to provide guidance, marketing and strategic capital markets advice to the Company. These services include building relationships with financial professionals, institutional investors and media contacts.The init
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — (all figures in United States dollars unless otherwise noted) -Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation, ("Eldorado", the "Company" or "we") (TSX: ELD)(NYSE: EGO)(ASX: EAU) is pleased to announce that the Company has entered into a $280 million revolving credit facility with HSBC and a syndicate of four other banks.The credit facility matures on October 12, 2015 an
