back to homepage

Manufacturing & Production

Galore Proposes to Extend Warrants 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/07/11 — Galore Resources Inc. (TSX VENTURE: GRI) (the "Company") proposes to extend by one (1) year the expiry date of the following share purchase warrants:If accepted by the TSX Venture Exchange (the "Exchange"), the Company will extend the expiry date of the 1,164,136 share purchase warrants to October 27, 2012.The application to amend the warrants is subject to the Exchange-s acceptance, and the Company makes no assuran

Read More

Crystallex Updates Shareholders 0

TORONTO, ONTARIO — (Marketwire) — 10/07/11 — Crystallex International Corporation (TSX: KRY)(OTCQB: CRYXF) ("Crystallex" or the "Company") updated shareholders on several activities including the status of its ICSID case, the decision by the Ontario Court regarding the June 2011 Noteholder Action, the ongoing Debt Refinancing Initiative and a TSX Review and Letter to the Company.ICSID CaseOn October 5, 2011, Crystallex was advised by the International Centre for Settleme

Read More

Sandpiper Phosphate Project-Bulk Sample Completed 0

TORONTO, ONTARIO — (Marketwire) — 10/07/11 — Minemakers Limited (TSX: MAK)(ASX: MAK)(NSX: MMS), Union Resources Limited (ASX: UCL) and Tungeni Investments c.c. ("Tungeni"), the joint venture participants in the company Namibian Marine Phosphate (Pty) Limited ("NMP"), are pleased to advise the completion of the bulk sample programme as a major component of the Definitive Feasibility Study ("DFS") for the Sandpiper Phosphate Project in Namibia.The MV Smit Madura

Read More

Logan Options Heidi Property to Inform Resources 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/07/11 — Logan Resources Ltd. (TSX VENTURE: LGR) ("Logan") is pleased to announce that it has entered into an option agreement (the "Option Agreement") with Inform Resources Corp. (TSX VENTURE: IRR) ("Inform"), whereby Logan has granted Inform the option to acquire up to an 80% title and interest in the Heidi Property located 95 km northeast of Dawson City, Yukon (the "Property"). The proposed transaction

Read More

Galahad Metals Board Authorizes Return of Capital 0

OTTAWA, ONTARIO — (Marketwire) — 10/07/11 — Galahad Metals Inc. ("the Company")(TSX VENTURE: GAX) announced today that its board of directors has authorized a distribution to its shareholders of the common shares of its subsidiary, Red Ore Gold Inc. ("RXX"), by way of a tax-free return of capital, subject to compliance with applicable laws and receipt of all necessary regulatory and shareholder approvals. While the details of the return of capital are being finalized, in

Read More

MGold Completes Shares for Debt Settlement 0

MONTREAL, QUEBEC — (Marketwire) — 10/07/11 — MGold Resources Inc. ("MGold" or the "Corporation") (TSX VENTURE: MNI) announces that it has issued a total of 1,080,000 common shares of the Corporation (the "Common Shares") at a deemed issue price of $0.10 per Common Share to certain creditors of the Corporation in settlement for certain debts owed by the Corporation (the "Shares for Debt Settlement"). The Shares for Debt Settlement was approved for fili

Read More

Gonzaga Initiates Exploration Program on Kennedy Lake Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/07/11 — GONZAGA RESOURCES LTD. (the "Company") (TSX VENTURE: GN) announces the commencement of a Phase I work program on its 100% owned Kennedy River Property located near Port Alberni, Vancouver Island, British Columbia.The Kennedy River Property covers roughly half of the historic Kennedy River Gold District and has potential to host significant zones of sheeted vein type gold mineralization. Previous exploration work carried out b

Read More

Drill Rig Arrives in Anticipation of Columbus Drilling at Paul Isnard 1.9 M Ounce Gold Project, French Guiana 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/07/11 — Columbus Gold Corporation (TSX VENTURE: CGT) ("Columbus Gold") is pleased to announce that the track-mounted diamond core drill rig contracted for commencement of drilling at its 1.9 million ounce Paul Isnard gold project, has arrived in French Guiana. The rig is expected to clear customs in the next few days and will then be transported to the project site, in anticipation of a 15,000 meter drilling campaign that will begin

Read More

Sandstorm Gold Provides Third Quarter Production Update For Luna Gold-s Aurizona Mine 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/07/11 — Sandstorm Gold Ltd. ("Sandstorm") (TSX VENTURE: SSL) is pleased to announce that gold production at the Aurizona Mine, operated by Luna Gold Corp. ("Luna") (TSX VENTURE: LGC), amounted to 13,473 ounces for the quarter ending September 30, 2011.In accordance with Sandstorm-s gold purchase agreement with Luna, Sandstorm is entitled to purchase 17% of the life of mine gold produced from the Aurizona Mine at a per ounce

Read More

Aurcana Reports 26% Increase in YTD Silver Production at La Negra and Shafter Silver Mine Construction Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/07/11 — Aurcana Corporation ("Aurcana" or the "Company") (TSX VENTURE: AUN)(OTCQX: AUNFF)(PINK SHEETS: AUNFF) is pleased to report silver production for Q3 2011 of 244,243 ounces that is based on just 80 days of mill production at La Negra. Year-to-date ("YTD"), silver production has increased 26% to 742,026 ounces, compared to 587,057 ounces in 2010. As anticipated, Q3 2011 silver production was slightly lower th

Read More