MONTREAL, QUEBEC — (Marketwire) — 07/04/12 — KWG Resources Inc. (TSX VENTURE: KWG) has taken delivery of a 43-101 compliant resource estimate from Sibley Basin Group. The resource estimate is an update based on a 42-hole core-drilling program totaling 13,459 metres completed in March, 2012, and managed by the project operator, Cliffs Chromite Far North Inc. The objective of the program was to upgrade resources to the indicated and measured categories, suitable for use in mine design.At a 15
Highlights include 37.5 metres of 1.38 grams gold per tonne ("g/t Au") and 25.5 metres of 1.47 g/t Au
LA PRAIRIE, QUEBEC — (Marketwire) — 07/04/12 — The management of Vantex Resources (TSX VENTURE: VAX)(FRANKFURT: UD7A)(ALPHA: VAX) is pleased to announce an intersection of 148.50 metres at 0.80 g/t Au (along the hole) including a section at 0.99 g/t Au over 48 metres in drill hole VPE12-48, located in the area of the Hendrick showing (Galloway project).The Company did two drill holes in this area to test the in-depth extension of the Hendrick zone. Drill hole VPE12-48 intersected a litholog
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — Ascot Resources Ltd. (TSX VENTURE: AOT) is pleased to announce that the Bureau of Land Management (BLM) has released an Environmental Assessment (EA) related to Ascot-s two hardrock prospecting permit applications for geological exploration on the Mt Margaret property in the St Helens Mining District of Skamania of Washington State. The EA includes a draft Finding of No Significant Impact (FONSI). The public comment period for the EA w
WEST VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — Carmax Mining Corp. ("Carmax") (TSX VENTURE: CXM) is pleased to announce that an NI 43-101 Technical Report regarding the results of an independent estimate of Mineral Resources at its Eaglehead Cu-Mo project located in northwestern British Columbia, has been filed on SEDAR under Carmax-s profile. The NI 43-101 compliant Inferred Mineral Resources were estimated by RPA of Toronto, and include only two of the six minerali
HALIFAX, NOVA SCOTIA — (Marketwire) — 07/04/12 — Ucore Rare Metals Inc. (TSX VENTURE: UCU)(OTCQX: UURAF) ("Ucore" or "the Company") is pleased to comment on the recent announcement that the Chinese government intends to implement a stockpile of critical rare earth oxides, including Dysprosium Oxide, Terbium Oxide, Europium Oxide, and Yttrium Oxide. It is expected that rare earth producers Chalco, China Minmetal, and Baotou Steel Rare Earth are to receive interest free lo
ROUYN-NORANDA, QUEBEC — (Marketwire) — 07/04/12 — Radisson Mining Resources Inc. (Radisson or the Company) (TSX VENTURE: RDS) is pleased to announce the results of the annual meeting of shareholders held on June 29, 2012, in Rouyn-Noranda, Quebec. With a high voter turnout (nearly 44%), the shareholders elected Jean-Marie Dupont, Michel David and Paul Cregheur to the Board of Directors for a two-year term. The other directors of the Company are Luc Simoneau and Donald Lacasse. The sharehold
Mill Expansion to Resume in Late 2012 or Early 2013
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/04/12 — Standard Graphite Corp. (TSX VENTURE: SGH) (the "Company") is pleased to report on the continuing success of its airborne TDEM surveys (time domain electromagnetics) aimed at characterizing the conductive signatures of the surface graphite occurrences on its projects. Interpretation of the Notre-Dame property results confirms that the surface graphite is also part of an extensive conductor outlined by the TDEM survey.The Notr
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/03/12 — Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE: TPN) is pleased to provide an update to its proposed acquisition of Lion Petroleum Corp. ("Lion") as previously announced in the Company-s press releases dated May 17th, May 31th, June 14th and June 20th 2012 (the "Transaction").Lion has reached an agreement in principle (the "Agreement") with NewAge (African Global Energy)
