TORONTO, ONTARIO — (Marketwire) — 07/25/11 — Probe Mines Limited (TSX VENTURE: PRB) ("Probe" or the "Company") is pleased to announce that it has received geophysical results for an Induced Polarization ("IP") survey currently being conducted just north of its Borden Lake gold discovery near Chapleau, Ontario. The ground geophysical program is targeting approximately seven kilometers of interpreted strike length of the Borden Lake Belt, on-trend with the known
$57.5 Million Investment to Fund Company Growth and Expansion Into China Market
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
OTTAWA, ONTARIO — (Marketwire) — 07/25/11 — PC Gold Inc. (TSX: PKL) is pleased to report that drilling in the core area of the newly discovered shallow gold system at Central Pat East ("CPE") continues to deliver (see hole PC-11-141 and 145 results, below) a well-established pattern of very broad low grade intercepts encompassing higher grade shoots. Moreover, step out drilling also continues to expand the known strike extent of the CPE gold-arsenic system. Holes PC-11-140 and 143
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — Premium Exploration Inc. (TSX VENTURE: PEM)(OTCQX: PMMEF) ("Premium" or the "Company") is pleased to announce that all applications and submissions to join the OTC markets- prestigious OTCQX International tier have now been approved, and as such, the Company will begin trading today in the US market under the symbol PMMEF."With our ability to trade on the OTCQX International now complete, Premium is able to pro
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — Silvercorp Metals Inc. ("Silvercorp") (TSX: SVM)(NYSE: SVM) plans to release its unaudited first quarter results for the period ended June 30, 2011, on Wednesday, August 3, 2011, after the close of the market.Silvercorp-s management will hold a conference call on Thursday, August 4, 2011, at 8:00 a.m. PT/11:00 a.m. ET to discuss the results with analysts. Shareholders, media and interested investors are invited to listen to t
SASKATOON, SASKATCHEWAN — (Marketwire) — 07/25/11 — Great Western Minerals Group ("GWMG") (TSX VENTURE: GWG)(OTCQX: GWMGF) is pleased to announce that it has negotiated a Heads of Terms with Ganzhou Qiandong Rare Earth Group Ltd. ("GQD") of China to build a Rare Earth separation plant in South Africa, located in proximity to GWMG-s Steenkampskraal operation.The Heads of Terms agreement between the two companies will form the basis of the project. Signing the Heads of Ter
Significant intercepts includes VVGD-103 (Grota Seca Cross Section 1850 W) with 62.50 meters grading 3.81 g/t Au (from 28.60 m depth) including 12.85 meters grading 14.01 g/t Au.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/25/11 — Quadra FNX Mining Ltd. ("Quadra FNX" or the "Company") (TSX: QUX) announces its second quarter 2011 production and sales results. Combined payable production for the three months ended June 30 totaled 55 million pounds of copper, 27 thousand ounces of total precious metals ("TPMs") and two million pounds of nickel.Paul Blythe, President & CEO comments; "Our production profile improved through the
