ROUYN-NORANDA, QUEBEC — (Marketwire) — 12/14/12 — Pershimco Resources Inc. (the "Corporation" or "Pershimco") (TSX VENTURE: PRO)(FRANKFURT: BIZ) is pleased to announce that it has completed its objective of 30,000 meters of drilling for 2012 with positive results. Some 3,403 m of oxide and sulphide drill results from infill and expansion drilling are presented here.HighlightsGold Oxides:At the La Pava deposit, drill hole PRH-12221 returned from surface a long oxide gold
SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwire) — 12/14/12 — Noranda Income Fund (TSX: NIF.UN) announced today that the Board of Trustees of Noranda Operating Trust has approved a distribution for the month of December 2012 of $0.04167 per priority unit (each, a "Priority Unit") payable on January 25, 2013 to Priority Unitholders of record as at the close of business on December 31, 2012.There is no assurance that monthly distributions will continue in the future, nor is there any
LONDON, ENGLAND — (Marketwire) — 12/14/12 — (AIM: CNR) ("Condor" or "the Company"), a gold exploration company focused on delineating a large commercial resource on its wholly owned 2.4m oz gold La India Project in Nicaragua is pleased to announce that, pursuant to the agreement announcement on 11th October 2012, the Minister of Energy and Mines has approved the transfer of the 27sq km La Mojarra Concession (the "Concession") to Condor-s wholly owned, Nicaragua
TORONTO, ONTARIO — (Marketwire) — 12/14/12 — Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG)(TSX: TXG.W.A.) is pleased to report that it has recently intersected several of the highest grade gold intercepts drilled thus far at the Media Luna and Media Luna West targets at the Company-s Morelos Gold Project in Mexico. At Media Luna, borehole ML-35 intersected 30.31 g/t Au over 21.0m; borehole ML-79 intersected 15.56 g/t Au over 12.2m; borehole ML-11A inter
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VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/14/12 — Alabama Graphite Corp. (the "Company") (CNSX: ALP)(FRANKFURT: 1AG)(ISIN# CA0102931080)(WKN A1J35M) is pleased to report assay results from its ongoing drilling at the Coosa Graphite Project, Alabama.Holes AGC-12-007C and -009C are two of twelve stratigraphic holes drilled to gain an understanding of the lithologic section across the Company-s mineral lease in Coosa County. Both holes were on the northeast fence of holes that
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/13/12 — Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company") today announces that it has closed the first tranche of a non-brokered private placement financing (the "Financing") previously announced by news release dated November 19, 2012. The Company has raised gross proceeds of $654,250 in this first tranche closing through the sale of a total of 3,271,250 units at a price of $0.20 per unit. Each u
MONTREAL, QUEBEC — (Marketwire) — 12/13/12 — DIOS EXPLORATION completed the third year and last payment of the LAC CARON CLAIM AGREEMENT through the issuance of 75,000 Common Shares to 2229667 ONTARIO INC. (the Optionor). The Optionor grants DIOS a 100 % undivided interest in 35 mining claims situated near DIOS- LE CARON property, some tens of kilometres north-east of DIOS- AU 33 WEST GOLD PROPERTY, James Bay, Quebec, optioned to Osisko Mining Corp. and some 13 kilometres north of the Clear
TORONTO, CANADA — (Marketwire) — 12/13/12 — Seabridge Gold Inc. ("Seabridge" or the "Company") (TSX: SEA)(NYSE: SA) announced today that Royal Gold, Inc. ("Royal Gold") has exercised its option (the "Share Option") to acquire, by way of private placement, C$18 million in Seabridge treasury shares at a 15% premium to the volume weighted average trading price of Seabridge shares on the TSX for the five day period ending December 11, 2012 as per the orig
