QUEBEC CITY, QUEBEC — (Marketwired) — 06/06/13 — Mines Virginia Inc. ("Virginia") (TSX: VGQ) wishes to inform its shareholders and the financing community that several exploration programs are currently in progress or will begin shortly on different projects all located in Quebec.Including work of $5.5 million already completed in the winter and spring of 2013, Virginia will have spent, either alone or with partners, over $15 million in exploration work on its projects during the
CALGARY, ALBERTA — (Marketwired) — 06/06/13 — Mindoro Resources Ltd. (TSX VENTURE: MIO)(ASX: MDO)(FRANKFURT:WKN 906167) is pleased to report that its joint venture partner, TVI Pacific Inc. (TSX: TVI)(OTCQX: TVIPF), today announced that, as a result of positive bench-scale test work carried out at the Agata Nickel Processing Project, it has commissioned and commenced operation of pilot-plant testing which will further define the technological parameters to be used in producing a Bankable Fe
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/06/13 — Avino Silver & Gold Mines Ltd. (TSX VENTURE: ASM)(NYSE MKT: ASM)(FRANKFURT: GV6) ("Avino" or "the Company") is pleased to announce the May 2013 production results from its San Gonzalo mine and Historic Avino Mine Surface stockpiles operations located on the Avino property near Durango, Mexico.Silver equivalent for May was calculated using a 55:1 ratio for silver to gold. Mill production figures have not been re
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
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
