VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/05/12 — Eagle Star Minerals Corp. (TSX VENTURE: EGE)(PINKSHEETS: ELGSF)(FRANKFURT: E6R) ("Eagle Star" or "the Company") is pleased to announce that composite interval channel sampling results confirm phosphate mineralization within the previously announced 7 meter mineralized package over the 15 kilometers outlined strike area (see press release dated June 21, 2012). Results for an additional eight points are still pending.
CARSON CITY, NEVADA — (Marketwire) — 07/05/12 — Gryphon Gold Corporation (the "Company" or "Gryphon Gold") (TSX: GGN)(OTCBB: GYPH), a gold exploration, development and production company focused on its Borealis Oxide Heap Leach Project in Nevada (the "Borealis Property"), regretfully announced today the death of Donald W. Gentry, a member of its Board of Directors, on Monday, July 2, 2012. Dr. Gentry, 69, had served as a director of the Company since 2005.James
DELHI, INDIA — (Marketwire) — 07/05/12 — Researched by Industrial Info Resources India (Delhi, India) — In a bid to reduce dependence on the supply of from power utilities, cement companies in India have proposed investments of about $2 billion to ramp up their captive power generation base, a move which is expected to reduce their expenses on power up to 30% and ensure a reliable power-supply. Currently, the Indian cement industry has about 4,000 megawatts (MW) of installed captive gener
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — NGEx Resources Inc. (TSX: NGQ) ("NGEx") announces that it and Namibian Copper NL ("Namibian") have signed a Termination and Mutual Release Agreement whereby they have mutually agreed to terminate the share purchase agreement signed January 17, 2012 (the "Agreement") with respect to Namibian-s acquisition of NGEx-s base metal projects in Eritrea and to mutually release each other from any and all claims reg
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — Soldi Ventures Inc. (Soldi) (TSX VENTURE: SOV) reports that further to the completion of the first tranche on April 26th 2012 of a non-brokered private placement, previously announced April 2nd 2012, the Company will be closing the financing and not proceeding with any further tranches.You can now find Soldi Ventures Inc. on Twitter at .Soldi Ventures Inc. (TSX VENTURE: SOV) is a Canadian junior exploration company focused on discoveri
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — Amarillo Gold Corp. (TSX VENTURE: AGC) ("Amarillo" or the "Company") is pleased to announce the following drill results from exploration drilling immediately to the north of the Posse deposit. Near surface gold mineralization has been encountered, partially in the planned pit wall, which is still open to the north and at depth.Results from eight holes are shown in Table 1. Notable results included 2011-MRP 0007 whic
MONTREAL, QUEBEC — (Marketwire) — 07/04/12 — Afri-Can Marine Minerals Corporation ("Afri-Can" or the "Corporation") (TSX VENTURE: AFA) announces that the Corporation will give effect to the consolidation of its common shares on the basis of four (4) pre-consolidation common shares for one (1) post-consolidation common share and that the post-consolidation common shares will commence trading on the TSX Venture Exchange at the opening of markets this Thursday, July 5, 2012
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — Minco Silver Corporation (the "Company" or "Minco Silver") (TSX: MSV)(OTCQX: MISVF)(WKN: A0ESX5) announces it has reached a settlement agreement pertaining to the break fee with Sterling ("Sterling"). The settlement of USD$675,000 has been approved by the court and was received by the Company closing the matter.About Minco SilverMinco Silver Corporation is a TSX and OTCQX listed company focusing on the acq
TORONTO, ONTARIO — (Marketwire) — 07/04/12 –Lake Shore Gold Corp. (TSX: LSG)(NYSE MKT: LSG)(NYSE Amex: LSG) ("Lake Shore Gold" or the "Company") today announced details of the Company-s operating results for the second quarter of 2012. Ore milled during the second quarter totaled 183,215 tonnes at an average grade of 4.3 gpt. The Company-s milling facility continued to perform well, with average daily mill throughput of 2,013 tonnes per day and average recoveries of 96.8%.
TORONTO, ONTARIO — (Marketwire) — 07/04/12 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") today announced the filing of its updated NI 43-101 Preliminary Economic Assessment (the "PEA") on its Eco Ridge Mine Rare Earths and Uranium Project ("Eco Ridge" or the "Project"). The PEA was prepared by Roscoe Postle Associates Inc. ("RPA") and demonstrates that Eco Ridge has excellent potential to