RIMOUSKI, QUEBEC — (Marketwired) — 08/12/13 — Puma Exploration (TSX VENTURE: PUM) reports progress on drilling operation at Nicholas-Denys Property. Drill hole FND13-02 was drilled to 1,290 meters to test a surface soil Cu-Mo anomalies and an high mag geophysical anomaly at depth. Visual alteration and mineralization was encountered trough the entire hole with more intense fracturation and sulphide veinlets from surface to 100m and then from 300m to 850 meters.Following the second hole, Pum
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/12/13 — Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce that it has entered into two binding coal sale export contracts for the sale of 30,000 tonnes of coal from the Company-s Ulaan Ovoo mine to a buyer in Russia.The buyer is a substantial coal trader with annual volume turnover in excess of 2 million tonnes in Russia-s Buryatia region. The Buryatia region
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/12/13 — Nevada Exploration Inc. (TSX VENTURE: NGE) ("NGE") is pleased to provide an exploration update on the Grass Valley Project and to announce that McEwen Mining Inc. has elected to continue the Project.Background and Project DescriptionIn February 2012 McEwen Mining and NGE began working together under an Exploration Agreement to generate new gold projects using NGE-s proprietary hydrogeochemistry (groundwater chemistry) explor
Highlights: – Opportunity to earn up to a 51% interest in Elan Coal Ltd.-s coal properties – Coking coal properties (22,000 ha) located in Crowsnest Pass, southern Alberta – Properties strategically located near infrastructure with spare capacity – NI 43-101 compliant resource report to be completed in next few months
TORONTO, ONTARIO — (Marketwired) — 08/12/13 — Ivanplats Limited (TSX: IVP) today announced its financial results for the second quarter ended June 30, 2013. All figures are in US dollars unless otherwise stated.HIGHLIGHTSPrincipal Projects and Review of ActivitiesIvanplats, with offices in Canada, South Africa and the United Kingdom, is advancing and developing its three principal projects:Ivanplats also is evaluating other opportunities as part of its objective to become a broadly based in
HONG KONG, CHINA — (Marketwired) — 08/12/13 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878), (the "Company" or "SouthGobi") today announced its financial and operating results for the three and six months ended June 30, 2013. All figures are in U.S. Dollars unless otherwise stated.SIGNIFICANT EVENTSThe Company-s significant events for the quarter ended June 30, 2013 and subsequent weeks are as follows:REVIEW OF QUARTERLY OPERATING RESULTSThe Company-s operating results
TORONTO, ONTARIO — (Marketwired) — 08/12/13 — Nautilus Minerals Inc. (TSX: NUS) (OTCQX: NUSMF) (the "Company" or "Nautilus") announces the release of its unaudited consolidated Financial Statements for the second quarter ended June 30, 2013, together with Management-s Discussion and Analysis.Q2 2013 Significant Events:"We are very pleased to have raised C$40 million through the recent rights offering in the current market conditions and appreciate the high level of
TORONTO, ONTARIO — (Marketwired) — 08/12/13 — (All Amounts in US Dollars Unless Otherwise Stated)McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to provide a summary of the Company-s Q2 operating results. During the quarter the Company delivered record production at lower costs.Q2 Summary Highlights(i) Gold equivalent calculated by converting silver into gold using a 52:1 exchange ratio. This ratio was established on January 30, 2013 and was used to budget the company-s 2013 gold equival
TORONTO — (Marketwired) — 08/12/13 — Golden Star Resources Ltd. (NYSE MKT: GSS) (TSX: GSC) (GHANA: GSR)Gold sold during the second quarter of 2013 was 85,090 ounces, 4.6% higher than the 81,361 ounces sold in the first quarter of 2013, despite the cessation of operations at the Pampe pit in April. Gold sold in this quarter is in line with the 85,183 ounces sold during the second quarter of 2012.Total gold sold during the six months ended June 30, 2013 was 166,451 ounces, in line with 2013 gu
TORONTO, ONTARIO — (Marketwired) — 08/12/13 — Mega Uranium Ltd. (TSX: MGA) ("Mega" or the "Company") is pleased to announce that it has entered into a binding term sheet with Toro Energy Limited ("Toro") (ASX: TOE) to sell its Lake Maitland Uranium Project ("Lake Maitland") in Western Australia to Toro for 415 million ordinary shares of Toro (the "Transaction"). Upon completion of the Transaction, Mega will own approximately 28% of the issue
