VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/13/12 — Magellan Minerals Ltd. (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce that it has negotiated a non-brokered private placement financing of 6,670,000 units (the "Units") of Magellan at a price of $0.30 per Unit, for gross proceeds of $2,001,000. Each Unit consists of one common share and one-half of a share purchase warrant. Each whole warrant is exercisable into one additional common share at a
CALGARY, ALBERTA — (Marketwire) — 12/13/12 — Manson Creek Resources Ltd. (TSX VENTURE: MCK) (-Manson Creek-) is pleased to announce the receipt of the remaining channel sample results from the fall exploration program on the Up Town Gold project in the Northwest Territories. The Company is encouraged with the Fox South sample results that outline an open-ended shear and alteration zone extending for over 470 meters. The widespread gold and silver mineralization occurs in the shadow of the h
TORONTO, ONTARIO — (Marketwire) — 12/13/12 — Gold Dynamics Corp. (GLDN) (OTCBB: GLDN)(OTCQB: GLDN) () -Gold Dynamics contracted with Geotech Ltd. to complete a helicopter borne Versatile Time Domain Electromagnetic (VTEM Plus) and Horizontal Magnetic Gradiometer Geophysical Survey on the Hoyle North Palladium-Platinum-Gold Project located in Timmins, Ontario. A total of 84 line kilometers of geophysical data were acquired, flown at 100 meter spacing on the property.Analysis of the prelimina
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/13/12 — Columbus Gold Corporation (TSX VENTURE: CGT) ("Columbus Gold") is pleased to announce results of the final drill hole MO 12-99 of its recently completed Phase I drilling program at the Montagne d-Or gold deposit on its 100% owned Paul Isnard Project in French Guiana. The Phase I drilling program consisted of 45 diamond core holes totaling 15,824 metres. Drill hole MO 12-99 was a step-out hole, located 150 meters west of the e
MONTREAL, QUEBEC — (Marketwire) — 12/13/12 — Cabia Goldhills Inc. ("Cabia") (TSX VENTURE: CGH) is pleased to announce that it has now received all necessary permits and authorizations to proceed with its drilling program on the Mejia Project in Colombia. Mobilization of the equipment is well underway and it is estimated that drilling of the first hole will be completed in early January. The drilling contract with Major Drilling, an international drilling company, provides for a mi
Vattenfall Eldistribution AB Deploys smartDNA for Marking Copper Assets
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/13/12 — Teuton Resources Corp. ("Teuton") (TSX VENTURE: TUO)(FRANKFURT: TFE)(OTCBB: TEUTF) announces that it has become aware that it is named as a Defendant in the Amended Amended Statement of Claim filed November 27, 2012 in Court of Queen-s Bench of Alberta in Court File Number 1201-07918, Calgary Judicial Centre ("the lawsuit") in which American Creek Resources Ltd. ("AMK"), Allan G. Burton, Darren R. Blaney,
TORONTO, ONTARIO — (Marketwire) — 12/13/12 — Moly Mines Limited (TSX: MOL)(ASX: MOL) advises that a small typographical error has occurred in its announcement of 30 November 2012 in relation to the cancellation of employee options that had been cancelled due to termination. In the announcement the number of cancelled options through termination in the column for options with vesting date 14 February 2014 should be 1,266,667 instead of 1,266,677.Moly Mines Limited apologizes for any inconven
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/13/12 — Kimber Resources Inc. (TSX: KBR)(NYSE MKT: KBX)(NYSE Amex: KBX) is pleased to announce the filing on SEDAR of its NI 43-101 compliant Technical Report, including the Updated Mineral Resource Estimate for the Carmen Deposit Monterde Project as detailed in the press release issued on October 24, 2012. The Technical Report was prepared by Micon International Limited ("Micon"), with assistance by Kirkham Geosystems Ltd. and Knigh
TORONTO, ONTARIO — (Marketwire) — 12/13/12 — Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF) ("Allana" or the "Company") is pleased to announce that it has engaged Spinnaker Capital Markets Inc. ("Spinnaker") to provide capital markets and investor relations services."Allana Potash is a premiere international junior potash exploration and development company that is rapidly advancing its flagship project in Ethiopia towards production. Led by a seasoned senio