MELBOURNE, AUSTRALIA — (Marketwire) — 01/30/12 — Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX: IVA)(ASX: IVA), are pleased to announce that the Merlin Project development team has successfully accessed the very high grade Little Wizard ore body, approximately 75 metres below the surface at Ivanhoe Australia-s Cloncurry project site in north-western Queensland.A cross-cut completed through the Little Wizard ore body (see Figure 1) vis
LONDON, ONTARIO — (Marketwire) — 01/30/12 — iLOOKABOUT Corp. (TSX VENTURE: ILA) ("iLOOKABOUT" or "the Company") today announced that the Company has been advised by the Municipal Property Assessment Corporation ("MPAC") that iLOOKABOUT is the successful respondent to MPAC-s request for proposal RFP-487-2011, with respect to the provision of digital imagery and related products and services over a multi-year term. MPAC management has received the approval of its
THUNDER BAY, ONTARIO — (Marketwire) — 01/30/12 — Zenyatta Ventures Ltd. ("Zenyatta" or the "Company") (TSX VENTURE: ZEN) announces that pursuant to a Professional Services Agreement Mr. Robert D. Stewart-s term as Vice President Exploration has ended effective January 1, 2012. While Mr. Stewart may be engaged by the Company on an ad hoc basis in the future, the oversight of the Company-s exploration program on its Albany Project will be continued by Mr. Aubrey Eveleigh (
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/30/12 — Bisie Tin Project (70% AFM)Alphamin Resources Corp. (TSX VENTURE: AFM) ("Alphamin" or the "Company") is pleased to announce that it has completed a detailed review of all historical data on its Bisie Tin Project in the North Kivu Province, east central Democratic Republic of Congo ("DRC").The high grade Bisie tin deposit on PR 5266 is located within the Walikale District roughly 140km west-northwest of the
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/30/12 — First Quantum Minerals Ltd. ("First Quantum" or the "Company" or "FQM") (TSX: FM)(LSE: FQM) is pleased to announce the signing of a US$1 billion senior term and revolving facilities agreement by Kansanshi Mining PLC, holder of First Quantum-s 80% owned Kansanshi copper-gold project in Zambia.The five year facility featuring flexible drawing provisions will enable execution of planned capital works at the K
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/30/12 — Expedition Mining Inc. (TSX VENTURE: EXU) (the "Company") is pleased to announce that it has retained Bucher Money, Market & Analysis ("Bucher Money") as its investor relations and corporate communications service provider in Europe. Bucher has been engaged to help create a broader shareholder base with primary exposure of the Company to the Swiss financial market and the European investment community.The agreem
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/30/12 — Reservoir Capital Corp. (TSX VENTURE: REO)(BERLIN: ROC)(FRANKFURT: ROC) ("Reservoir" or the "Company") is pleased to report that on January 25, 2012, the Ministry of Infrastructure and Energy of the Republic of Serbia, granted three-year extensions for the Brodarevo-1 and Brodarevo-2 Energy Permits to the Company-s Serbian subsidiary Renewable Energy Ventures d.o.o. ("REV"). Under the terms of the new perm
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/30/12 — Lincoln Mining Corporation (TSX VENTURE: LMG) ("Lincoln" or the "Company") announces its plans to conduct a non-brokered private placement of up to 4,000,000 units at a price of $0.075 per unit ("Units") for total proceeds of up to $300,000. Each Unit will be comprised of one common share of the Company and one half of one non-transferable common share purchase warrant. Each whole purchase warrant will ent
TORONTO, ONTARIO — (Marketwire) — 01/30/12 — Red Crescent Resources Limited (TSX: RCB)(FRANKFURT: 7RC), a base metals focused mineral exploration and mine development company with operations in Turkey, announced today that it has completed the sale of 1,119,380 units for aggregate gross proceeds of CDN $279,845 under the private placement described below."Although we anticipated receiving subscriptions for around C$2m, our financing activities took place under difficult market conditio
TORONTO, ONTARIO — (Marketwire) — 01/30/12 — Timminco Limited (TSX: TIM) and its wholly-owned subsidiary Becancour Silicon Inc. (collectively, the "Company") announced that, at a motion heard on January 27, 2012, in connection with proceedings commenced by the Company under the Companies- Creditors Arrangement Act (the "CCAA Proceeding"), the Ontario Superior Court of Justice (Commercial Division) (the "Court") has granted an order extending the CCAA stay of pr
