NEW YORK, NY — (Marketwire) — 08/02/11 — Ruby Creek Resources Inc. (OTCBB: RBYC), a gold exploration and mining company with operations in Tanzania, provides an update on the closing of the Gold Standard acquisition (See News Releases dated January 12, 2011 and May 24, 2011).Ruby Creek-s agreement with Gold Standard provides for the acquisition of a recently issued 10 sq km Mining License, two exploration joint ventures of 40 and 89 sq km, a Regional Environmental Report, an established min
GUELPH, ONTARIO — (Marketwire) — 08/02/11 — Armtec Infrastructure Inc. ("Armtec" or the "Company") (TSX: ARF)(TSX: ARF.DB) today announced that, following receipt of conditional listing approval from the TSX, it has entered into a Loan Agreement and Warrant Agreement with a Brookfield Asset Management company in connection with the $125 million credit facility previously announced by the Company on July 3, 2011. Entry into these Agreements is a requirement for the first
Gold Stocks
TORONTO, ONTARIO — (Marketwire) — 08/02/11 — AXMIN Inc. (TSX VENTURE: AXM) ("AXMIN" or the "Company") is pleased to announce that it has entered into an agreement (the "Agreement") with Polo Resources Limited (TSX: POL)(AIM: POL) ("Polo") whereby Polo will acquire a 51% interest in a wholly owned subsidiary of AXMIN, which owns AXMIN-s Sierra Leone assets, with AXMIN retaining a 49% interest ("the Project") for a cash consideration of US$7.5
TORONTO, ONTARIO — (Marketwire) — 08/02/11 — Denison Mines Corp. (TSX: DML)(NYSE Amex: DNN) ("Denison" or the "Company") is pleased to report that the ongoing summer drill program at the Wheeler River Project in the Athabasca Basin of northern Saskatchewan has expanded the previously known uranium mineralization of the Phoenix Zone A deposit.A total of 22 holes for approximately 12,000 metres has been drilled to date this summer with the major focus of the program being
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/02/11 — Southern Arc Minerals (TSX VENTURE: SA)("Southern Arc") is pleased to announce the latest drilling results from its Pelangan Prospect, located on its West Lombok Property, Indonesia.Assay results have been received for drill holes PLD015 to PLD023. Figure 1 shows the location of drill holes completed to date, Drillhole locations, azimuths, dips and depths are summarised in Table 1 and a long-section projection of drill hole m
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VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/02/11 — New Pacific Metals Corp. (TSX VENTURE: NUX) (the "Company") is pleased to report assay results of the first step out drill-hole (Raca11-01) at the Raca area of the Tagish Lake Gold-Silver Property, Yukon, Canada. The Raca area is located along the northeast structural extension of the Skukum Creek gold-silver deposit (Rainbow zone). Surface drilling at Raca is to test the extension of known historical drilling where a histori
