VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/11/13 — Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX: FTP) announces that it has completed its initial strategic assessment and testing of alternatives for the Fortress Specialty Cellulose Mill ("FSC Mill") and has determined that the best possible strategy is to operate the FSC Mill as a "swing mill". With minor modifications and no capital expenditure, the FSC Mill will be capable of s
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/11/13 — Rogue Iron Ore Corp. (TSX VENTURE: RRS) ("Rogue" or the "Company") wishes to announce that as a part of its plans to conserve capital, it has renegotiated the annual payments due on its Radio Hill iron ore property. The $50,000 payment due in January 2013 will be paid as to $25,000 in cash and 1,000,000 shares, subject to a six month hold period. The January 2014 payment for a further $50,000 may also be paid in a
Teams With US Geospatial Intelligence Foundation (USGIF) to Make Imagery, Data, and Technology Grants to USGIF Accredited Schools
THUNDER BAY, ONTARIO — (Marketwired) — 10/11/13 — Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that the Company has received the first batch of soil geochemical and prospecting results from ongoing exploration on the Cape Ray Project. To date the exploration surveys have been quite effective in delineating anomalous zones of mineralization and have identified a distinct 600m long by 150m wide gold-lead-zinc-silver geochemica
LAS VEGAS, NV — (Marketwired) — 10/11/13 — Rimrock Gold Corp. (OTCQB: RMRK) (the "Company"), is pleased to announce that it has completed the acquisition of the advanced-stage Ivanhoe Creek, Nevada, epithermal bonanza gold-silver property from RMIC Gold, a private Nevada company controlled by Richard R Redfern. Mr. Redfern is a director of the Company and this transaction is a non-arms length transaction. The Company has agreed to issue 150,000 shares of the Company-s common shares
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/11/13 — American Bonanza Gold Corp. (TSX: BZA) ("Bonanza" or the "Company") is placing the Copperstone Mine in Arizona on care and maintenance status until further notice. The Company has made this decision in order to cut costs while it reviews operations with a view to improving operational efficiencies, and while it seeks additional capital to fund performance improvements in order to meet designed capacity of the Coppe
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/11/13 — SAVARY GOLD CORP. ("Savary" or the "Company") (TSX VENTURE: SCA) reports that the nominees listed in the management proxy circular for the 2013 Annual Meeting of shareholders being Charles Mostert, Daniel Nocente, Craig Pearman and Stephan Theron were unanimously re-elected as directors of the Company. In addition, Shareholders at the annual meeting approved the appointment of McGovern and Hurley LLP as the Company
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/11/13 — Formation Metals Inc. (TSX: FCO) ("Formation" or the "Company") announced today that it has completed the sale of all of the shares of its indirect wholly-owned subsidiary Formation Metals, U.S. ("FMUS"), whose primary asset is the Sunshine Precious Metals Refinery (the "Refinery"), to Silver Opportunity Partners LLC, a wholly owned subsidiary of Sunshine Silver Mines, ("SSM") for US$1
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/11/13 — Peregrine Diamonds Ltd. ("Peregrine" or "the Company") (TSX: PGD) has been verbally notified by De Beers Canada Inc. ("De Beers") that De Beers will not exercise its right to enter into an earn-in and joint venture agreement with Peregrine on the Chidliak diamond project ("Chidliak" or "the Project"), located in Nunavut, Canada. The terms of the Company-s option agreement with De Beers
TORONTO, ONTARIO — (Marketwired) — 10/11/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) is pleased to report its financial and operating results for the three months ended August 31, 2013 (the "Quarter"). The Company generated net income of $596,295, or $0.003 per fully diluted share, and $1,786,382 in earnings before interest, depreciation and depletion, and share based compensation ("EBITDA"). The Company sold 4,096 ounces of g