HALIFAX, NOVA SCOTIA — (Marketwire) — 07/25/11 — Erdene Resource Development Corp. ("Erdene") (TSX: ERD), is pleased to announce the receipt of final analytical results from a six-hole drill program, totalling 1,023 metres, from its wholly owned Nomin copper-gold project in south western Mongolia.HighlightsDrill ProgramThe Nomin drill program consisted of six holes drilled between June 13th and June 30th. Four angled holes, TND-02, 04, 05 and 06, were drilled to test the down-dip
VAL D-OR, QUEBEC — (Marketwire) — 07/25/11 — Century Mining Corporation ("Century" or the "Company") (TSX VENTURE: CMM) announces that it has entered into an amended and restated forward gold purchase agreement (the "Amended Agreement") with Deutsche Bank AG, London Branch ("DBAG"), which Amended Agreement amends the forward gold purchase agreement and amendment agreement, each entered into between the parties in December 2009.Under the original agree
ROUYN-NORANDA, QUEBEC — (Marketwire) — 07/25/11 — GLOBEX MINING ENTERPRISES INC. (TSX: GMX) (FRANKFURT: G1M) (OTCQX: GLBXF) is pleased to announce that it has signed an Option Agreement with Titan Iron Ore Corp (OTCBB: TFER) wherein Titan may earn 100% interest in a Globex, Labrador trough area iron exploration property in Northern Quebec.The property consists of 200 claims totalling approximately 9,160 ha (22,635 acres) and covers a 32 kilometre (19.9 miles) long magnetic anomaly which coi
CRANFORD, NJ — (Marketwire) — 07/25/11 — Metalico, Inc. (NYSE Amex: MEA), a leading scrap metal recycler that has enjoyed explosive growth in recent years, has added to the depth of its management team with three industry veterans to help guide its future internal development and overall expansion.The Company has retained Pete Meyers as its Vice President of Ferrous Sales and Marketing and John Tiziani as Vice President and Chief Analytics Officer. Both will work primarily out of Metalico-s
TORONTO, ONTARIO — (Marketwire) — 07/25/11 — Project operator Sundance Minerals Ltd. ("Sundance") and Excellon Resources Inc. ("Excellon") (TSX: EXN) are pleased to announce that they have agreed to commence drilling at the Pluton property in Mapimi, Durango, Mexico. The program consists of a first stage of 3,500 m of diamond drilling to partially-test four out of five targets identified to date in the property. Drilling will be carried by Major Drilling of Hermosillo, M
EDMONTON, ALBERTA — (Marketwire) — 07/25/11 — Grizzly Discoveries Inc. (TSX VENTURE: GZD) (OTCQX: GZDIF) (FRANKFURT: G6H) ("Grizzly" or the "Company") is pleased to announce that it has applied for a new metallic and industrial mineral permit in Alberta (the "Permit") covering approximately 4,672 hectares (11,680 acres) to add to its existing land holdings of more than 2.4 million acres for its Alberta Potash Project. The Permit is located 67 km northeast of th
MONTREAL, QUEBEC — (Marketwire) — 07/25/11 — AMEX Exploration Ltd. (TSX VENTURE: AMX) is pleased to announce that it has obtained all necessary permits and license for its drill program at the Nueva Escondida property Sonora Mexico (property optioned to Bowmore Exploration inc (TSX VENTURE: BOW). Amex, as the operator for Bowmore, have retained G4 Drilling Inc. of Val D`Or Qc., to carry out its program. The drill and crew were mobilized on Saturday July 23rd and should be running by tomorro
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — ValGold Resources Ltd. ("ValGold") (TSX VENTURE: VAL)(FRANKFURT: VR2) announces results for ten drill holes, completing its 2011 Phase 2 drill program at its 100% owned Tower Mountain Gold Project in NW Ontario. The assay reports again indicate wide intersections of low-grade near surface gold mineralization that could be amenable to an open-pit bulk mining operation. The three sets of drill results announced to date cumulati
SOUTH LAKE TAHOE, CA — (Marketwire) — 07/25/11 — Siga Resources, Inc (OTCBB: SGAE) President and CEO Edwin Morrow announced today that Siga Resources Inc has all equipment and the test plant on site at the Lucky thirteen project near Hope, BC, Canada.Primary testing of the washing plant will be completed within the next 3 weeks and the initial test plant production program is expected to start by September 1st, 2011.Project highlights:The placer testing equipment is installed. Providing exp
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — Bravada Gold Corporation (TSX VENTURE: BVA)(FRANKFURT: BRT) ("The Company") is pleased to report that it has identified and partially delineated a new zone of near-surface mineralization at its wholly owned Wind Mountain Low-sulfidation Gold/Silver project, located within Nevada-s Walker Lane Gold trend 160km northeast of Reno.The South End Target is located approximately 800m south of the existing Wind Mountain resource, whe
