VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/06/13 — Astur Gold Corp. (TSX VENTURE: AST)(FRANKFURT: CDC) ("Astur Gold" or the "Company") is pleased to announce that it has closed the previously announced C$10 million loan facility ("Facility") for its wholly owned subsidiary, Exploraciones Mineras del Cantabrico ("EMC") with RMB Resources Limited ("RMB"), the resource financing division of the FirstRand Group of South Africa. The Facilit
ROUYN-NORANDA, QUEBEC — (Marketwired) — 06/06/13 — Radisson Mining Resources Inc. (TSX VENTURE: RDS) ("Radisson") is pleased to announce that it closed a $193,400 private placement for development of the O-Brien/Kewagama project.In connection with this placement, Radisson issued 1,074,445 flow-through shares at a price of $0.18. These shares are divided among ten private investors. No cash compensation is linked to the placement and the shares issued are subject to a hold period o
THUNDER BAY, ONTARIO — (Marketwired) — 06/06/13 — SOURCE EXPLORATION CORP. (the "Company" or "Source") (TSX VENTURE: SOP) is pleased to announce the successful negotiation of an extension to its option agreement to acquire the Pepe, Pepe Tres, and San Jose concessions located at the Las Minas property in Veracruz State, Mexico.The new agreement extends the term of the option agreement by an additional two years to December 5, 2015. Scheduled payments as per the terms of
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/06/13 — Imperial Metals Corporation (TSX: III) – provides a financing update for the Red Chris copper/gold development project in northwest British Columbia.To date, construction at Red Chris has been financed through cash flow from operations and an existing $150 million credit facility from the Company-s bankers, which has a maturity date of September 30, 2013. Mr. N. Murray Edwards, a significant shareholder of the Company, has guaranteed
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/06/13 — INCA ONE RESOURCES CORP (TSX VENTURE: IO) ("Inca One") is pleased to announce that through its partnership with Canadian Mining S.A. ("Canadian Mining") it has entered into an LOI to acquire 100% of a permitted and operational milling facility in Southern Peru. The mill has current capacity of 25 TPD, which can be increased with an additional ball mill and tanks.The facility sits on a large 21 hectare piece of land
TORONTO, ONTARIO — (Marketwired) — 06/06/13 — NORTHERN GOLD MINING INC. (TSX VENTURE: NGM) ("Northern Gold" or the "Company") announces that effective May 17, 2013 the Board of Directors accepted Mr. Greg Gibson-s resignation as President and Chief Executive Officer and selected Mr. Martin Shefsky as his replacement on an interim basis.As one of the founders of the Company Mr. Shefsky is uniquely qualified to ensure a smooth transition of management and to maintain focus
Highlights: – Very aggressive regional exploration for additional massive sulfide occurrences has commenced testing numerous high quality HTEM targets. – A new prospect has been discovered 18 km southwest of Samapleu Deposits with surface showings grading up to 1.39% nickel and 2.26% copper. – Detailed geological area mapping of the new surface discovery is underway and drilling to commence shortly.
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/06/13 — Rugby Mining Limited ("Rugby" or the "Company") (TSX VENTURE: RUG) is pleased to announce that it has acquired the Cobrasco copper-gold-molybdenum porphyry property in Colombia. The project is situated next to Rugby-s Comita project in the Western Cordillera porphyry copper belt (Figure 1), 100 kilometers west of the City of Medellin.The Cobrasco concession covers 3,000 hectares within two blocks immediately to the
PERTH, AUSTRALIA — (Marketwired) — 06/06/13 — Researched by Industrial Info Resources (Perth, Australia) — Thanks to the likes of (NYSE:BHP) (Melbourne, Australia) and (NYSE:RIO) (Melbourne), Western Australia is well-known globally for producing massive amounts of and is now one of the largest producing regions on the planet. While these companies have continued to focus on expanding their hematite production, a number of other companies have been actively developing the state-s lesser-
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/06/13 — Pretium Resources Inc. (TSX: PVG)(NYSE: PVG) ("Pretivm") is pleased to report that initial underground drilling as part of the Valley of the Kings bulk sample program intersected visible gold, and continues to confirm the projection of high-grade gold mineralized domains. (See Table 1 below for assays from the seven holes drilled on section 426600.)Selected highlights from hole VU-02 include:Hole VU-02 was drilled on section
