VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/15/12 — Cortez Gold Corp. (TSX VENTURE: CUT) ("Cortez" or the "Company") is pleased to report that it has commenced construction to complete the gold-silver processing plant situated in Matehuala, Mexico. The Company recently closed the transaction to acquire 100% of the issued and outstanding shares of Altiplano Goldsilver S.A. de C.V. of Mexico ("Altiplano Goldsilver") by issuing 6,000,000 shares of Cortez to th
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/15/12 — War Eagle Mining Company Inc. (TSX VENTURE: WAR) ("War Eagle" or the "Company") provides an update on its corporate activities and business development strategy.Private PlacementAs previously disclosed, the Company planned to raise gross proceeds of $194,250 by way of a non-brokered private placement offering of the Company-s common shares in which Mr. Danny Wettreich would be the sole subscriber subject to his appo
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/15/12 — Starcore International Mines Ltd. (the "Company") (TSX: SAM) has filed the results for the quarter and nine months ended April 30, 2012, for the Company and its mining operations. Over the third quarter ended April 30, 2012, the Company is pleased to report revenues of $14.0 million, earnings from mining operations of $5.0 million and earnings for the period of $4.17 million, which includes a net $1.93 million gain in financi
WELLINGTON, NEW ZEALAND — (Marketwire) — 06/15/12 — Glass Earth Gold Limited (TSX VENTURE: GEL)(NZAX: GEL) ("Glass Earth") announced today that it is undertaking a non-brokered private placement financing for gross proceeds of up to C$2,200,000.The proceeds of this private placement will primarily be used to finance the purchase of 50% of the placer gold operations announced on March 15, 2012, bringing Glass Earth Gold-s ownership to 100%. This allows for improved planning and coo
MELBOURNE, AUSTRALIA — (Marketwire) — 06/14/12 — Ivanhoe Australia Limited (TSX: IVA)(ASX: IVA), is pleased to announce the first shipment of copper-gold concentrate from the Osborne Copper-Gold Project in north-western Queensland. The 10,600 wet metric tonne shipment of concentrate has been loaded and is expected to leave Townsville on 15 June 2012.The shipment of concentrate to an Asian smelter contains copper valued at approximately A$15 million and gold valued at approximately A$5 milli
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/14/12 — Mundoro Capital Inc. (TSX VENTURE: MUN) ("Mundoro" or the "Company") announced today that the Company has decided to postpone its annual general meeting of shareholders (the "Meeting"). The Meeting was originally scheduled to be held at 11:00 a.m. (Vancouver time) on Tuesday, June 26, 2012 and will now be held on Monday, August 27, 2012. The new record date for the Meeting will be July 27, 2012.As previous
TORONTO, ONTARIO — (Marketwire) — 06/14/12 — Greenock Resources Inc. (TSX VENTURE: GKR) ("Greenock") announces it continues to evaluate strategic options to advance the Needles gold / silver property in Nevada. Fieldwork based on the NI 43-101 exploration plan is dependent of finalizing financing and / or completing joint venture arrangements.The recent general market weakness in the small cap mineral development sector has resulted in a number of high quality properties that may
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/14/12 — Abzu Gold Ltd. ("Abzu" or the "Company") (TSX VENTURE: ABS)(OTCQX: ABZUF) is pleased to announce, pursuant to the provisions of its 2010 Incentive Stock Option Plan, the Board of Directors has approved the grant of incentive stock options to Mr. Timothy McCutcheon in connection with his appointment as CEO of the Company to purchase up to an aggregate of 500,000 common shares in the capital stock of the Company. The
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/14/12 — South American Silver Corp. (TSX: SAC)(PINKSHEETS: SOHAF) wishes to provide an update on recent events in Bolivia. Officials from the Bolivian Ministry of Mines recently met with the local indigenous communities near the Malku Khota project and confirmed that a small group of people carrying out illegal artisanal mining on exploration concessions owned by South American Silver have been encouraging confrontations between communities an
TORONTO, ONTARIO — (Marketwire) — 06/14/12 — Renforth Resources Inc. ("Renforth" or the "Company") (CNSX: RFR) wishes to update its shareholders on operations over the past two months. Nicole Brewster, President, CEO and Director of Renforth states:"Dear Renforth Shareholder:I am writing this note after two months as your new President and Chief Executive Officer, in order to provide an update on the recent changes and developments regarding our Company.This letter