VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/28/13 — Waymar Resources Ltd. ("Waymar" or the "Company") (TSX VENTURE: WYM) is pleased to report significant results from a new geochemical survey near its Anza deposit, Antioquia Department, Colombia. This geochemical survey extended the systematic surface exploration to the north of the Anza deposit and covered approximately 20 km2 of untested ground. The focus of the program was to target extensions of known mineralized
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/28/13 — Desert Star Resources (TSX VENTURE: DSR) ("Desert Star" or the "Company") is pleased to announce that it will conduct a non-brokered private placement of up to 8,333,333 units ("Units") of the Company at a price per Unit of $0.06 for aggregate proceeds of up to $500,000. Each Unit will consist of one common share in the capital of the Company and one transferable share purchase warrant, each warrant entitl
TORONTO, ONTARIO — (Marketwire) — 01/28/13 — Chieftain Metals Inc. ("Chieftain" or the "Company") (TSX: CFB) is pleased to announce that it has filed on SEDAR () its National Instrument 43-101 Technical Report – Feasibility Study for its Tulsequah Chief project. The Feasibility Study confirms the technical and financial viability of constructing and operating an underground mining and processing operation at Tulsequah Chief. Results from this study were previously announ
MONTREAL, QUEBEC — (Marketwire) — 01/28/13 — Serge Savard, Chairman of the Board of MDN Inc. (TSX: MDN) ("MDN"), is pleased to announce a corporate restructuring of MDN in connection with its exploration activities and the future development of the Crevier project.(CMI)For 2013, the Company will focus all of its exploration efforts on Tanzania, primarily the Ikungu gold project. The Crevier niobium-tantalum project will be developed through Crevier Minerals Inc. (CMI), a private c
Reinforces Commitment to Long-Term Growth Strategy for Cantung and Mactung
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/28/13 — CAVAN VENTURES INC. (TSX VENTURE: CVN) ("Cavan" or the "Company") is pleased to report an overlimit assay for rare earth elements (REE) from the 2012 program at its 100% owned Pythonga Property, located approximately 15 kilometers west of the town of Maniwaki, Quebec. Sample P268092 was taken on the Pythonga Lake project with original results published in the Company-s Press Release dated January 15, 2013. The metho
TORONTO, ONTARIO — (Marketwire) — 01/28/13 — Victoria Gold Corp. (TSX VENTURE: VIT) ("Victoria" or the "Company") is pleased to report the results of the final five of eleven diamond drill holes completed at its Olive target in September 2012. The most promising result from these holes was 26.50 m of 2.69 g/t Au (Figure 1). Additionally, the drilling intersected significant high grade intervals including 1.9 m of 5.62 g/t Au and 1.3 m of 39.2 g/t Au (Table 1). Drilling a
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/28/13 –Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX VENTURE: BAR)(OTCQX: BALMF) today reported additional high-grade gold results from drill testing of multiple shallow zones situated along the Bug Lake Fault System on its wholly owned Martiniere Property in Quebec. Drilling continued to expand and delineate the Hanging Wall, Footwall and Bug Lake Zones, with most holes successfully intersecting multiple zones o
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/28/13 — Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM)(NYSE: SVM) is pleased to announce two recent appointments to strengthen its management team in China and support the future growth of the Company.Dr. Yi Huang, P.Eng., has been appointed to the position of Chief Mining Engineer. Prior to joining Silvercorp, Dr. Huang was the principal mining engineer at AMEC, a global engineering consulting and projec
Press Release Highlights: – 4,000 meter drill program has commenced at Triangle Zone, which contains Company-s highest grade resource – Results from 11 holes (5,000 m) pending from recent drilling at exploration target No. 5 Plug – Key steps being taken to advance project and bring Company closer to underground exploration including detailed structural analysis, preliminary engineering studies, and environmental baseline study – Metallurgical testing and study of local milling facilities underwa