VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — Formation Metals Inc. (TSX: FCO) ("Formation" or "the Company") ("Formation" or "the Company") announced today that it has advised certain entities that are associated or affiliated with Waterton Global Resource Management, Inc. ("Waterton") that the agreement (the "Letter Agreement") outlined in the Company-s news release of June 6, 2013 regarding the potential sale of its S
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — First Point Minerals Corp. (TSX: FPX) ("First Point" or the "Company") is pleased to announce that field exploration has begun at its 100%-owned Mich nickel-iron alloy property in the Yukon. The Company-s overall 2013 exploration program is budgeted at $1 million and will also include exploration work at the 100%-held Orca and Wale properties in northern British Columbia, as well as continued reconnaissance explora
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — International Northair Mines Ltd. (TSX VENTURE: INM) (the "Company" or "Northair") is pleased to announce that exploration at its La Cigarra silver project (the "Property") located in north central Mexico, has identified a potentially significant mineralized zone known as La Navidad.The La Navidad Zone was discovered as part of a broad geological mapping and sampling program carried out on its 32,000 hect
TORONTO, ONTARIO — (Marketwired) — 06/26/13 — HudBay Minerals Inc. ("Hudbay") (TSX: HBM)(NYSE: HBM) today announced that it has received a deposit payment of US$125 million from Silver Wheaton Corp. pursuant to the previously announced US$750 million precious metals stream transaction. Hudbay received the initial US$500 million deposit payment in September 2012 and will receive the final US$125 million deposit payment once it has incurred and paid US$1 billion in capital expenditu
TORONTO, ONTARIO — (Marketwired) — 06/26/13 — Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF) ("Allana" or the "Company") is pleased to announce that it has received an updated mineral resource estimate prepared in accordance with National Instrument 43-101 ("NI 43-101") from ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau ("ERCOSPLAN") on its Danakhil Potash Project in Ethiopia.The measured and indicated mineral resource estimate totals 2,481.3 M
PERTH, WESTERN AUSTRALIA — (Marketwired) — 06/26/13 — Paladin Energy Ltd ("Paladin" or "the Company") (TSX: PDN)(ASX: PDN) wishes to advise that the strategic initiative outcome expected to be finalised at the end of June has been delayed to mid to late August. Advanced negotiations have been ongoing with two nuclear parties regarding finalising a minority equity position in the Company-s flagship Langer Heinrich Project in Namibia.The Company is confident a sale will be
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — Astur Gold Corp. (TSX VENTURE: AST)(FRANKFURT: CDC) ("Astur Gold" or the "Company") is pleased to announce that the Company has commenced a Definitive Feasibility Study ("DFS") on the Salave Gold Project in Northern Spain. The DFS will focus on a lower tonnage, higher grade operation with substantially lower capital cost and expected lower operating cost than previously announced in the Preliminary Econom
TORONTO, ONTARIO — (Marketwired) — 06/26/13 — Dalradian Resources Inc. ("Dalradian" or the "Company") (TSX: DNA)(OTCQX: DRLDF) is pleased to announce that Ms. Ruth Ives has joined the company as Vice-President of Project Development, effective immediately.Ms. Ives will be driving the next stages of development of the Curraghinalt gold deposit. She brings more than 18 years of hands-on mining experience, most recently as Operations Manager of Minera Frisco-s Ocampo underg
Drills 6.1 meters of 5.62 g/T of gold (20.1 ft of 0.18 oz/ton)
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — Baja Mining Corp. ("Baja") (TSX: BAJ)(OTCQB: BAJFF) today announced that at the annual and special general meeting of shareholders held in Vancouver on June 25, 2013, shareholders voted to re-elect Tom Ogryzlo, Wolf Seidler, Ross Glanville and Peter M. Clausi to the board.The proposed special resolution to introduce an advance notice requirement in connection with shareholders intending to nominate directors at meetings of B
