VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — As a result of a review by the British Columbia Securities Commission, Apella Resources Inc. (TSX VENTURE: APA)(OTCQX: APAFF)(FRANKFURT: NWN) wishes to clarify certain disclosures made on the Company-s website, in material made available thereon and in written material distributed by the Company concerning certain of the Company-s mineral properties.The Company-s Lac Dore Vanadium, Iron and Titanium project near Chibougamau, Quebec con
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce the closing of the previously announced transaction with Sandstorm Gold Ltd. ("Sandstorm") (see press release dated ), whereby Magellan will grant Sandstorm Gold Ltd. a 2.5% net smelter returns royalty ("NSR") on the Coringa gold project ("Coringa") and a 1.0% NSR on the Cuiu Cuiu gold project ("Cuiu Cuiu"), both of wh
TORONTO, ONTARIO — (Marketwire) — 05/15/12 — Centerra Gold Inc. (TSX: CG) announced today its first quarterly dividend. The Board of Directors has authorized a dividend of Cdn$0.04 per common share (approximately US$9.4 million at the current exchange rate). The dividend of Cdn$0.04 per common share is payable on June 15, 2012 to shareholders of record on May 31, 2012. The ex-dividend date will be May 29, 2012.The dividend is an eligible dividend for Canadian income tax purposes.In accordan
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Silvermex Resources Inc. ("Silvermex") (TSX: SLX) reported today its unaudited financial results for the quarter ended March 31, 2012.Highlights from the quarter, which should be read in conjunction with the unaudited financial statement and management-s discussion and analysis available at and , include:The Company achieved a gross profit of $96,000 for the three months ended March 31, 2012, on sales of silver and gold of $
TORONTO, ONTARIO — (Marketwire) — 05/15/12 — High River Gold Mines Ltd. (TSX: HRG) ("High River" or the "Company") is pleased to announce the appointment of Yury Lopukhin as Chief Executive Officer and Georgy Smirnov as Chief Financial Officer.Yury Lopukhin previously held the position of Chief Financial Officer at High River. Prior to that, he held the positions of Chief Financial Officer at Buryatzoloto OJSC and Senior Manager of Strategy at Severstal Resources CJSC. M
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") announces that it has closed out the hedge contracts between its wholly-owned Mexican subsidiary, Compania Minera Pena de Bernal, S.A. de C.V. ("Bernal"), and Investec Bank plc ("Investec"). Funds advanced to Starcore through the $11 million credit facility arranged with Sprott Resource Lending Corp. were used to settle St
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Sniper Resources Ltd. (TSX VENTURE: SIP)(FRANKFURT: A1H38M)Preliminary assay results have been received from Sniper-s Phase 2 drill program at the Weepah gold property located in the Walker Lane mineral belt in Esmeralda County, Nevada. Twelve holes (WP-24 through WP-35) were drilled during April with totals of 2980 feet (908 metres) drilled in the recent program. Phase 1, drilled earlier this year, comprised 8 holes (WP-16 through WP-
VAL-D-OR, QUEBEC — (Marketwire) — 05/15/12 — Cartier Resources Inc. (TSX VENTURE: ECR) ("Cartier") has received results from an IP survey covering 6.5 km2 of the La Pause property. The project is strategically located over a fault zone situated within 2 km of the Mouska Mine and proximal to two mining centers. The IP survey detected several metallic conductors within four areas () deemed to host good discovery potential on the property. Ten drill holes are proposed within the fault
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — ATAC Resources Ltd. (TSX VENTURE: ATC) ("ATAC") is pleased to announce that it has begun phase one of a two phase exploration and drilling program at its 100% owned, 1,600 sq/km Rackla Gold Project, which hosts Canada-s only Carlin-Type gold discoveries.Diamond drilling has commenced with one drill on the Isis East Zone, ramping up to three drills there within the month. Drilling at Isis East will continue testing a 450 metre
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — KGHM International Ltd., formerly Quadra FNX Mining Ltd. (the "Company" or "KGHM International"), today announced that it will hold a conference call to discuss its financial results for the first quarter of 2012 on Thursday, May 17, 2012 at 9 a.m. PT, 12:00 noon ET, 6:00 p.m. CEST. The financial statements and the MD&A will be available at as of May 15, 2012.The North American toll free number for this confere
