HALIFAX, NOVA SCOTIA — (Marketwire) — 07/13/12 — Ucore Rare Metals Inc. ("Ucore") (TSX VENTURE: UCU)(OTCQX: UURAF) applauds Representative Don Young (R-AK) () for his amendment to the National Strategic and Critical Minerals Production Act of 2012 (H.R. 4402, http://hdl.loc.gov/loc.uscongress/legislation.112hr4402). Mr. Young-s amendment will allow Ucore (http://ucore.com/) to accelerate the mining permit process so it can expedite development of its heavy rare earth project at Bo
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/13/12 — Granite Creek Gold Ltd. (TSX VENTURE: GCX) (the "Company") is pleased to announce that it has negotiated a revised schedule of issuance of stock to Great Quest Metals Ltd as part of the option agreement entered into on January 27, 2011 (see technical report titled -Technical Report Taseko Property, by Dr. Mathias Westphal, P.Geo- filed on SEDAR for more information) to acquire up to a 70% interest in the Taseko Property, subj
QUEBEC CITY, QUEBEC — (Marketwire) — 07/13/12 — Virginia Mines Inc. ("Virginia") (TSX: VGQ) announces that today it has granted 207,250 stock options to its directors, officers, employees and service providers.Of this number 50,000 have been granted to its directors and officers and 157,250 have been granted to its employees and service providers. Each stock option entitles its holder to subscribe to one common share of Virginia at a price of $9.00 per share, which is higher than
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/13/12 — SnipGold Corp. (TSX VENTURE: SGG) ("SnipGold" or the "Company") (formerly Skyline Gold Corporation) announces an amendment to the closing of the Share Rights Offering with additional proceeds of $12,500 for total gross proceeds of $1,646,442. Insider participation in the Rights Offering totaled just over $877,000.Pursuant to the exercise of Rights, the Company issued:Upon closing of the financing, the Company-s dire
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/13/12 — Baja Mining Corp. ("Baja") (TSX: BAJ)(OTCQX: BAJFF) provides the following update.In May, Baja retained BMO Capital Markets to assist in considering financing options and possible sources of funding. Non-disclosure agreements were signed by a number of interested parties, who were granted access to Baja-s data room and attended management presentations. A draft independent engineering report prepared by SRK was recently provi
TORONTO, ONTARIO — (Marketwire) — 07/13/12 — Auriga Gold Corp. (TSX VENTURE: AIA) ("Auriga Gold" or the "Company") announces a non-brokered private placement of up to 4,705,882 units of the Company (the "Units") at a price of $0.17 per Unit, for gross proceeds of up to $800,000 (the "Offering"). Each Unit will consist of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder
THOROLD, ON — (Marketwire) — 07/13/12 — JBI, Inc. ("JBI" or the "Company") (OTCQB: JBII) announces plans to close its subsidiary Javaco, Inc. ("JAVACO") over the next several weeks, as part of the Company-s strategic plan to focus on its core business, Plastic2Oil® ("P2O").The Company acquired JAVACO, a retail and wholesale distributor of equipment, hardware and tools for maintenance and construction in 2009. JAVACO has not been profitable since 2
TORONTO, ONTARIO — (Marketwire) — 07/13/12 — Lake Shore Gold Corp. (TSX: LSG)(NYSE MKT: LSG)(NYSE Amex: LSG) ("Lake Shore Gold" or the "Company") today announced that the Company plans to release its second quarter 2012 financial results following the market close on Thursday, August 9, 2012. The Company will then host a conference call and webcast to review its second quarter 2012 results on Friday, August 10, 2012 at 10:00 am EST. Those wishing to access the call can d
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/12/12 — Oro Mining Ltd. ("Oro" or the "Company") (TSX VENTURE: OGR) announced today that it has re-filed the Preliminary Economic Assessment ("PEA") report for its 100% held Taunus project (the "Project") in Sinaloa, Mexico to correct an error in the pre-tax net present value for the Project disclosed in the report. The original PEA report is dated June 1, 2012 and was filed on SEDAR on June 12, 2012.Dur
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/12/12 — Sandstorm Gold Ltd. ("Sandstorm" or the "Company") (TSX VENTURE: SSL) is pleased to announce the results of a 5,000 tonne bulk sample at the Bachelor Lake Mine ("Bachelor Lake") operated by Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO).Metanor processed 5,429 metric tonnes of ore from an underground bulk sample at Bachelor Lake. The ore was extracted from lateral developments made in the