MONTREAL, QUEBEC — (Marketwire) — 07/25/11 — Ditem Explorations (TSX VENTURE: DIT) is pleased to announce that the summer exploration program on the Lalande property is now underway. Essentially, this first phase will consist of ground geophysical surveying, prospecting and geological mapping as well as channel sampling. The program should be completed by mid-August and an initial drill program is expected for this fall.The Lalande property, situated in north-eastern Quebec along the North
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — Sandstorm Metals & Energy Ltd. (TSX VENTURE: SND) ("Sandstorm Metals") has completed a US$20 million payment to Donner Metals Ltd. (TSX VENTURE: DON) ("Donner") in accordance with the copper purchase agreement announced on July 13, 2011. Under the terms of the agreement, Sandstorm Metals is entitled to purchase an amount equal to 17.5% of the life of mine copper produced from the Bracemac-McLeod Property which i
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — La Quinta Resources Corporation (TSX VENTURE: LAQ)(FRANKFURT: LQK) ("La Quinta" or the "Company") is pleased to report that it has received assays for the first two holes of its resource expansion drilling on the Easter gold and silver property (the "Easter Project") located in southeast Nevada.La Quinta has completed two exploratory vertical reverse circulation ("RC") percussion drill holes site
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — Mr. David Patterson, Chairman of Donner Metals Ltd. (TSX VENTURE: DON)(FRANKFURT: D4M), reports that further to the Company-s news release dated July 13, 2011, the Company has received a total of US$20 million from Sandstorm Metals & Energy Ltd. (TSX VENTURE: SND) ("Sandstorm"). These funds are comprised of the following:The Company issued to Sandstorm 6,428,571 common shares at a price of US$0.35 per share pursuant to th
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — Hana Mining Ltd. (TSX VENTURE: HMG)(FRANKFURT: 4LH) (the "Company") announces that it has granted Incentive Stock Options (the "Options") to purchase up to an aggregate 2,650,000 common shares of the Company to directors, officers, employees and consultants. The Options are exercisable at $2.54 per share and expire on July 22, 2016. All securities issued upon exercise of the Options are subject to a hold period expi
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — Sandstorm Gold Ltd. ("Sandstorm") (TSX VENTURE: SSL) is pleased to announce that Luna Gold Corp. ("Luna") (TSX VENTURE: LGC) has reported additional positive assay results from drilling at the Aurizona Mine. Significant mineralized intercepts from the twelve new holes are: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
TORONTO, ONTARIO — (Marketwire) — 07/25/11 — Kilo Goldmines Ltd. (TSX VENTURE: KGL)(FRANKFURT: 02K)("Kilo" or the "Company") is pleased to announce it has hired Alex van Hoeken to serve as President and Chief Executive Officer (CEO) of Kilo effective September 1, 2011.Mr. van Hoeken will replace Peter Hooper who is currently serving as Interim CEO. This appointment is subject to regulatory approval. Mr Hooper will remain as an advisor to the Company for a six month perio
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — Luna Gold Corp. (TSX VENTURE: LGC)(BVLAC: LGC) ("Luna Gold" or the "Company") is pleased to announce additional positive assay results from 12 new holes from its ongoing resource drill program at the Piaba gold deposit, Aurizona. An updated drill plan map and cross sections have been uploaded to the Luna Gold website at or to view directly click below.Significant intercepts:Updated Drill Plan Map:Drill Sections:100
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — Douglas Lake Minerals Inc. (the "Company" or "Douglas Lake") (OTCBB: DLKM) is pleased to announce that diamond drilling has commenced on its 100% owned Handeni West gold target at Kwandege. A total of 5,000 meters of drilling is planned for the first phase of exploratory drilling within an area of approximately 7.2 square kilometers of the currently defined target of 18 square kilometers.Through soil sampling, the m
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — International PBX Ventures Ltd. ("PBX" or the "Company") (TSX VENTURE: PBX) is pleased to announce that it has received total proceeds of $2,845,875 from the exercise of 97% of the total 8,546,250 warrants issued pursuant to two private placement offerings that closed August and November 2010. The warrants were exercisable at $0.30 and $0.35 per share and both expired on July 18, 2011. Accordingly, the Company has i
