MONTREAL, QUEBEC — (Marketwire) — 02/13/12 — Maya Gold & Silver Inc. ("Maya" or the "Corporation") (TSX VENTURE: MYA) announces the closing of a non-brokered private placement (the "Private Placement"). Under the terms of the Private Placement, Maya issued ten units (the "Units") at a price of CAD 70,000 per Unit, for total gross proceeds of CAD 700,000. Each Unit consisted of 300,000 common shares from the share capital of Maya (the "Common
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/13/12 — Minefinders Corporation Ltd. ("Minefinders" or the "Company") (TSX: MFL)(NYSE Amex: MFN) reminds investors that the Company will release its full year 2011 financial and operating results on Thursday, February 23, 2012 after markets close.The investor conference call which was previously scheduled for Friday, February 24, 2012 will not be held due to the current Plan of Arrangement with Pan American Silver.About Min
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TORONTO, ONTARIO — (Marketwire) — 02/13/12 — Strike Minerals Inc. ("Strike") (TSX VENTURE: STK) announces that the company is proceeding with the development of the Edwards Mine, 50 km NE of Wawa, Ontario. Strike announces that is appointing Kerry D. Smith P. Eng., MBA as President of the Company.Mr. Smith is an experienced individual with more than 30 years experience in the mining business. Previously he was with Hudson Bay Mining and Smelting and Denison Mines and worked as a m
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/13/12 — Comstock Metals Ltd. (the "Company", "Comstock") (TSX VENTURE: CSL) is pleased to announce that the Company has mobilized its exploration team and commenced the first phase of a planned 7,000 metre drill program on its Corona Gold-Silver Project in the Uruachic District of Chihuahua, Mexico.As a result of Fresnillo PLC-s Orisyvo gold deposit discovery of 9.2 million ounces, the Uruachic district has demonstrated the
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/13/12 — Entourage Metals Ltd. (TSX VENTURE: EMT) is pleased to report that drill holes BR11-05 and BR11-06 intersected the Super G vein discovery extending the strike length with visible gold mineralization to 400 meters. Mineralization remains wide open for expansion in all directions. The 3000+ meter Phase II exploration/delineation drill program at the 100-percent-owned Black Raven gold property is currently underway.Full assay results of s
ST. PAUL, MINNESOTA — (Marketwire) — 02/13/12 — PolyMet Mining Corp. (TSX: POM)(NYSE Amex: PLM) ("PolyMet" or the "Company") today clarified the status of the environmental review of its NorthMet project following a misleading newspaper report on Friday. PolyMet controls 100% of the development-stage NorthMet copper-nickel-precious metals ore-body and the nearby Erie Plant, located near Hoyt Lakes in the established mining district of the Mesabi Iron Range in northeaster
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/13/12 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") is pleased to announce results from 16 new drill holes at the Magambazi gold project in Tanzania. Priority infill and extension drilling has been completed at Magambazi and the initial mineral resource estimate is on track for completion by the end of Q1. Additional drilling at Magambazi is contingent on results from ongoing geological model review
The Company-s Business Model and Product Positioning Strategy Have Earned It the End Market Confidence and Thereby, Strengthened Its Position for the Future