TORONTO, ONTARIO — (Marketwired) — 10/09/13 — Carpathian Gold Inc. (TSX: CPN) (the "Corporation" or "Carpathian") reports that the commencement of gold production at its wholly owned Riacho dos Machados Project ("RDM" or "Project") located in the state of Minas Gerais, Brazil has been delayed into Q4, 2013. The timing of the first gold pour is pending the commissioning of the mill by a third party group and the wet commissioning of the balance of the
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/09/13 — Santacruz Silver Mining Ltd. (the "Company") (TSX VENTURE: SCZ) reports that diamond drilling on the Transversales vein, at its San Felipe Project in Sonora State, Mexico has confirmed continuity of a new vein both along strike and to depth. The Transversales vein was originally discovered during a surface mapping program in 2011 and had never been drill tested until this current drill program. To date, 21 holes have been co
TORONTO, ONTARIO — (Marketwired) — 10/09/13 — Eastmain Resources Inc. (TSX: ER) The management and directors of Eastmain Resources mourn the passing of Mr. William L. (Bill) Koyle. Bill passed away peacefully on October 2, 2013 in Switzerland with family and friends at his side. We offer our sincere condolences to his wife, Anne Marie Dawson, her daughter Emily and Bill-s daughters Courtney and Camilla, his sister Janet and brother David, and their respective families.An entrepreneur at hea
TORONTO, ONTARIO — (Marketwired) — 10/09/13 — Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") reports its third quarter operational update on the Detour Lake mine located in northeastern Ontario. The Company continues to make positive progress on the ramp-up of the mine with commercial production reached on August 12, 2013. The Company produced 75,672 ounces of gold in the third quarter. Cash and short-term investments stand at Cdn$161 million at the
TORONTO, ONTARIO — (Marketwired) — 10/09/13 — Counsel for KWG Resources Inc. (TSX VENTURE: KWG) ("KWG") has been served with a Notice of Appeal on behalf of the Cliffs Natural Resources Inc. subsidiary ("Cliffs") that recently lost its application to the Mining and Lands Commission.Cliffs had sought an Order to dispense with the consent of KWG for the granting of an easement to Cliffs over mining claims previously staked and assessed by KWG. In a decision released on Sep
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/09/13 — Mercator Minerals Ltd. (TSX: ML) ("Mercator" or the "Company") announced today that it will release its third quarter 2013 financial and production results on November 14, 2013, after market hours. Mercator further announced that it will not be releasing updated production guidance while its review of strategic alternatives, announced on September 30, 2013, is ongoing.About Mercator Minerals Ltd.Mercator Minerals L
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/09/13 — Avanti Mining Inc. (TSX VENTURE: AVT)(PINKSHEETS: AVNMF) ("Avanti" or the "Company") announced today that in accordance with the terms of the Amended and Restated Loan Agreement (the "Loan Agreement") dated July 12, 2013, between Avanti, its wholly-owned subsidiary, Avanti Kitsault Mine Ltd., CEF (Capital Markets) Limited, Resource Capital Fund IV, LP ("RCF IV") and Resource Capital Fund VI, LP
CALGARY, ALBERTA — (Marketwired) — 10/09/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF): Teras is pleased to report that the Company continues to be very encouraged by the excellent progress of its reverse circulation and deep diamond core drill program at the Cahuilla project in Imperial County, California. We eagerly await the assay results which are anticipated to become available within approximately the next two weeks and will
Significant high-grade gold production, at good margins, in a safe Canadian mining jurisdiction
TORONTO, ONTARIO — (Marketwired) — 10/09/13 –Lake Shore Gold Corp. (TSX: LSG)(NYSE MKT: LSG) ("Lake Shore Gold" or the "Company") today announced details of the Company-s operating results for the third quarter and first nine months of 2013. For the third quarter of 2013, the Company reported total gold sales of 32,300 ounces at an average price of US$1,324 per ounce ($1,372 per ounce in Canadian dollars). Gold produced during the third quarter totaled 28,300 ounces, an in