NEW WESTMINSTER, BRITISH COLUMBIA — (Marketwire) — 12/11/12 — Cabo Drilling Corp. (TSX VENTURE: CBE)(FRANKFURT: DHL) ("Cabo Drilling" or the "Company") announces that Cabo Drilling (Colombia) Corp. ("Cabo Colombia") has renewed its contract with Red Eagle Mining Corporation ("Red Eagle") for an additional 17,000 meters of drilling on Red Eagle-s Santa Rosa project in the District of Antioquia. Under the terms of the renewed contract Cabo has agreed to
WINNIPEG, MANITOBA — (Marketwire) — 12/11/12 — Wildcat Exploration Ltd. (TSX VENTURE: WEL) is pleased to announce that it has entered into a strategic, base metal exploration agreement (the "Alliance") with Doe Run Canadian Exploration ULC, a British Columbia registered company. Under the terms of the two year agreement, which may be extended, Doe Run Canadian Exploration will fund the work and hold a 100% interest in the property interests of the Alliance. Wildcat will act as Man
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/11/12 — Belmont Resources Inc. ("Belmont", the "Company" or "BEA") (TSX VENTURE: BEA)(PINKSHEETS: BEAAF)(FRANKFURT: L3L) is pleased to update the progress on the Berthiaume (the "Be") property.Expo-Logik Inc. of Quebec was contracted and recently completed 51.8 km. of line cutting in three separate blocks on the Be property. This provided the base lines for the next phase of exploration work.The Company
LUXEMBOURG, LUXEMBOURG — (Marketwire) — 12/11/12 — Northland Resources S.A. (TSX: NAU)(OSLO: NAUR)(FRANKFURT: NPK)(OMX: NAURo) ("Northland" or the "Company") is pleased to announce that its wholly owned subsidiary Northland Resources AB has signed a term sheet for a USD 20 million bond loan. The bond has a 12.25% interest coupon and matures February 26, 2016.The present senior secured bond issued by Northland Resources AB (the "Issuer"), with ISIN NO0010636194
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/11/12 — Hana Mining Ltd. (the "Company" or "Hana") (TSX VENTURE: HMG)(FRANKFURT: 4LH)(BOTSWANA: HANA) announces that the meeting of shareholders (the "Meeting") to consider the proposed arrangement (the "Arrangement") with Cupric Canyon Capital LP ("Cupric"), which was previously announced in a joint news release of Hana and Cupric dated October 24, 2012, will be held on Thursday, December 27,
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/11/12 — Avrupa Minerals Ltd. (TSX VENTURE: AVU)(FRANKFURT: 8AM) is pleased to announce the acquisition of three new exploration licenses in Portugal. Two of the licenses, Candedo and Sabroso, are located in northern Portugal in a developing belt of potential tungsten and gold mineralization, related to granitic intrusions. The third license, Sines, is located in southern Portugal in a relatively unexplored part of the Portuguese Pyrite Belt. T
MONTREAL, QUEBEC — (Marketwire) — 12/11/12 — Directors of SIRIOS RESOURCES INC. ("Sirios") (TSX VENTURE: SOI) are pleased to announce the preliminary core assay results from the drilling program recently completed on the Cheechoo gold project. Until now, only 12 samples from drill hole #1 were analyzed and yielded an average gold grade of 0.645 g/t over 12.4 metres. Grades vary from 0.154 g/t Au to 1.8 g/t Au for samples whose length is between 0.9 and 1.2 metres. Of all these res
VAL-D-OR, QUEBEC — (Marketwire) — 12/11/12 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to release an update regarding the current development of its Bachelor project.Metanor produced 1,715 ounces of gold in November, compared to 1,251 ounces in October, bringing the total production since the end of July to 6,157 ounces of gold.This can be attributed to the beginning of our production activities on level 12 and 13 in November.Since July, Metanor continues to
Five-year task order value to range between US$94M to US$186M
MONTREAL, QUEBEC — (Marketwire) — 12/11/12 — Beaufield Resources Inc. ("Beaufield" or the "Company") (TSX VENTURE: BFD) is pleased to announce the start of a helicopter electromagnetic survey over several portions of its 100% owned Troilus property, located 150km north of Chibougamau, Quebec. The survey will focus on previously identified geophysical targets located in the vicinity of the Tortigny high-grade volcanic massive sulphides ("VMS") deposit, on which
