VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/17/12 — Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) reported today that drilling on the Cerro Las Minitas project, located in Durango State, Mexico, continues to identify thick intervals of high-grade silver-polymetallic mineralization at the Blind Zone deposit. A new zone of gold and copper mineralization has been identified in drill core at the South Skarn area located approximately 1.5 kilometres south east of the B
TORONTO, ONTARIO — (Marketwire) — 05/17/12 — Pacific Gold Corp. (OTCQB: PCFG)(PINKSHEETS: PCFG).The Company-s subsidiary Nevada Rae Gold, Inc. has hired a new Operations Manager to manage the daily operations at the Black Rock Canyon Mine. The new manager began work at the mine on May 8th. The Operations Manager has been employed by the Company since 2011, responsible for permitting and environmental requirements at the mine, and will now add the Operations Manager role to his duties.The ne
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/17/12 — Esperanza Resources Corp. (TSX VENTURE: EPZ)(PINKSHEETS: ESPZF) ("Esperanza" or the "Company) is pleased to announce the addition to the Company-s management team of Mr. Daniel O-Flaherty as Executive Vice President, Corporate Development, Mr. Johannes J. Miller as Vice President, Operations and Ms. Kylie Dickson as Chief Financial Officer.Prior to his role with Esperanza, Mr. O-Flaherty was a Director in the Investment
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/17/12 — Corvus Gold Inc. ("Corvus" or the "Company") – (TSX: KOR)(OTCQX: CORVF) is pleased to announce the closing of its non-brokered private placement (the "Offering") announced on April 17, 2012 and increased on May 2, 2012.The Company sold 8,250,000 common shares at a price of $0.67 for total proceeds of $5,527,500. Over 50% of the placement was taken by management and insiders with CEO Jeff Pontius purchasing
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/17/12 — Revolver Resources Inc. (the "Company") (TSX VENTURE: RZ) is pleased to announce that is has received final TSX Venture Exchange approval to the Company-s option agreement dated February 21st, 2012 as amended by letter agreement dated May 9, 2012 with North American Exploration Ltd. to acquire a 100% interest in the Lucky North property consisting of 39 claims, the Lucky South property consisting of 48 claims and the Macho pr
MONTREAL, QUEBEC — (Marketwire) — 05/17/12 — Afri-Can Marine Minerals Corporation ("Afri-Can") (TSX VENTURE: AFA) completed its geophysical survey on Exclusive Prospecting Licence ("EPL") 3403 marine diamond concession in Namibia on May 14th, 2012.The geophysical survey has covered 1,251 line-kilometres over an area of 90 square kilometres in the south end of EPL 3403. The survey has included Depositional Areas 1, 2 and 3 already delineated by previous sampling programs
MONTREAL, QUEBEC — (Marketwire) — 05/17/12 — AMEX Exploration Ltd. (TSX VENTURE: AMX) ("Amex") would like to inform its shareholders that drill campaign at the "Chivas property" is well underway and that three holes have now been completed. The initial drill program experienced some delays due to the technical difficulties encountered by the previous drilling contractor. Therefore a second drill company was contracted and the drilling campaigned is now executed by intern
VAL D-OR, QUEBEC — (Marketwire) — 05/17/12 — Hinterland Metals Inc. (TSX VENTURE: HMI) announces the results of a drill program completed in March 2012 on the Lac Fecteau property located 120 kilometres southwest of Chibougamau, Quebec. The property is in the Barry-Urban Greenstone Belt approximately 20km east of Eagle Hill-s Windfall Lake Project and 30km northeast of Metanor Resources- Barry open pit gold mine. A total of 1,248m of NQ diameter drilling was done in eight holes to test a nu
PERTH, WESTERN AUSTRALIA — (Marketwire) — 05/17/12 — Paladin Energy Ltd. (TSX: PDN)(ASX: PDN) (Paladin or the Company) advises that discussions with the Local Staff Association (LSA) and government officials on an agreed return to work by striking Malawi employees at the Kayelekera Mine continued through Wednesday, 16 May.The LSA requested additional time to consult employees based in Karonga town, some 53 kilometres from the mine. The LSA asked to meet management on Thursday morning, 17 Ma
CORDOBA, ARGENTINA — (Marketwire) — 05/17/12 — Researched by Industrial Info Research Latin America (Córdoba, Argentina) — Minera AQM Copper Peru SAC (Lima, Peru), the joint venture between (TSV:AQM) (Vancouver, British Columbia) and (NYSE:TCK) (Vancouver) is working on the preliminary economic assessment for its Zafranal mining project, which is 90 kilometers northwest of Arequipa, in southern Peru. The $1.11 billion project consists of a high-grade copper and gold porphyry opera
