MONTREAL, QUEBEC — (Marketwire) — 10/19/11 — Cancor Mines Inc. ("Cancor" or the "Company")(CNSX: KCR) is pleased to announce that the Company has closed a non-brokered private placement financing of $3M representing the first tranche of an equity financing of up to $5M. Under this first tranche, Cancor issued 15,000,000 common shares to Michel Chartron, a UK resident, at a price of $0.20 per share for gross proceeds of $3,000,000.Following this acquisition, Mr. Chartron
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE: LRA) is pleased to report that it has started a 5,300-metre (approximately 12 hole) drill program at the Lara Copper-Molybdenum Project in southern Peru. The program, funded through a partnership with Redzone Resources Ltd. (TSX VENTURE: REZ) ("Redzone"), aims to test the potential extensions of the porphyry system outlined by recent geological
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — Supreme Resources Ltd. (TSX VENTURE: SPR) (OTCBB: SPRWF) ("the Company") is pleased to announce the results of a Prospecting/Examination of the Company-s mineral claims situated within the historic Law-s Camp, 31 km NW of Princeton, British Columbia. Together with twelve reverted crown grants and several other mining claims acquired over the past year, the area now encompasses 333.8246 Ha within the historic mining camp.The c
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — SilverCrest Mines Inc. (TSX VENTURE: SVL)(OTCQX: STVZF) (the "Company") is pleased to announce the appointment of Michael Rapsch as Manager of Corporate Communications. Mr. Rapsch will be based out of the Vancouver head office, and will report to J. Scott Drever, President of SilverCrest.J. Scott Drever, President, stated, "SilverCrest-s rate of production at the Santa Elena Mine in Mexico is increasing, and we are aggre
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — GREAT PANTHER SILVER LIMITED (TSX: GPR)(NYSE Amex: GPL) (the "Company") is pleased to provide an update on a further 14 holes from the diamond drilling program at the Company-s wholly-owned San Ignacio property in Guanajuato, Mexico. Drill-holes ESI11-025 to ESI11-038, inclusive were drilled from section 650N to section 450N and extend the strike length of the mineralized zones by approximately 50%, or 150 metres, farther sou
HALIFAX, NOVA SCOTIA — (Marketwire) — 10/19/11 — Linear Metals Corporation (TSX: LRM) is pleased to announce that it intends to complete a non-brokered private placement ("Private Placement") of up to four million units ("Units") at a price of $0.25 per Unit for aggregate gross proceeds of up to $1,000,000. Each Unit will consist of one (1) common share of the Company ("Common Share") and one half (1/2) of one Common Share purchase warrant of the Company ("
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — Empire Mining Corporation (TSX VENTURE: EPC) ("Empire") is pleased to provide an update on its acquisition of a 100% interest in the Bursa Licences, which cover the Demirtepe and Karapinar projects in Turkey; originally announced in July.Empire and Alacer Gold Corp. ("Alacer") have further amended their purchase and sale agreement such that the parties have agreed to use best efforts to complete the transactions the
-Intersected 8 Metres Grading 1.02% V2O5 Including 3.5 Metres Grading 1.21% V2O5 on the Gulcari "A" North Zone -Intersected 9 Metres Grading 1.08% V2O5 Including 6 Metres Grading 1.25% V2O5 on the Sao Jose West Zone
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — BonTerra Resources Inc. (TSX VENTURE: BTR) (FRANKFURT: 9BR) (the "Company", "BonTerra") has received assays for holes 27, 28, 30 & 31 on the Eastern Extension property (the "Property") in Quebec. The highlight of these drill holes was BA-11-31 which assayed as high as 25.70 grams / tonne gold. The Property is situated 170km northeast of the gold mining city of Val d-Or, Quebec in the Abitibi Greenstone
TORONTO, ONTARIO — (Marketwire) — 10/18/11 — United Hunter Oil & Gas Corp. (TSX VENTURE: UHO) (the "Corporation") has granted 350,000 options to a consultant. The options have an exercise price of $0.15 per common share, will expire and vest 1/3 per year for 3 years with the first 1/3 vesting on the date of grant. All option grants are subject to regulatory approval.United Hunter Oil & Gas Corp. is a Canadian based corporation with management experienced in the oil and gas
