CALGARY, ALBERTA — (Marketwire) — 07/27/11 — Philippine Metals Inc. ("Philippine Metals" or the "Company") (TSX VENTURE: PHI)(OTCQX: PHIXF)(FRANKFURT: PM7) is pleased to report that the Panel of Arbitrators of the regional Mines and Geosciences Bureau (the "Panel") has now ruled on the formal objection to the Company-s Malitao Exploration Permit Application ("EPA"). In its ruling, the Panel upheld that Pacific Metals Canada Philippines Inc. ("PMC
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/27/11 — Gryphon Gold Corporation (TSX: GGN)(OTCBB: GYPH) ("Gryphon" or the "Company") is pleased to announce that it has closed a $3,000,000 CAD private placement of units (the "Units") at a price of $1,000 CAD per Unit. The offering was conducted by a lead agent in Canada and by a U.S. agent in the United States. Each Unit consists of $1,000 CAD principal amount of 10% secured subordinated debentures maturing Jul
MONTREAL, QUEBEC — (Marketwire) — 07/27/11 — CRITICAL ELEMENTS CORPORATION (TSX VENTURE: CRE) (OTCQX: CRECF) (FRANKFURT: F12) is pleased to report an update to the independent resource estimate for its Rose deposit, James Bay, Quebec.The Rose deposit now consists of 26,500,000 tonnes of indicated resources containing 1.30% Li2O Equivalent (Eq) or 0.98% Li2O (259,700 tonnes of Li2O or 642,238 tonnes of Li2CO3 Eq), 163 ppm of Ta2O5 (9,514,317 pounds of Ta2O5) and 10,700,000 tonnes of inferred
TORONTO, ONTARIO — (Marketwire) — 07/27/11 — Chieftain Metals Inc. (TSX: CFB) is pleased to announce the appointment of Mr. Paul Chawrun, P.Eng., as Executive Vice President of Corporate Development, effective August 3, 2011.Mr. Victor Wyprysky, President and CEO, stated "We are fortunate to have Mr. Chawrun join Chieftain Metals and welcome him to the executive team. He brings to Chieftain a tremendous amount of relevant experience and will very effectively oversee all aspects of the
TORONTO, ONTARIO — (Marketwire) — 07/27/11 — Carlisle Goldfields Ltd. (TSX: CGJ) is pleased to announce results from the first six surface diamond drill holes from its 2011 drill program at the MacLellan Mine deposit, located in Lynn Lake, Manitoba. Drilling to date has focused on expanding the defined resource at the MacLellan Mine site; and exploratory drilling in the western extension of the MacLellan area as a follow-up to the recently completed Induced Polarization survey. Significant
BURNABY, BRITISH COLUMBIA — (Marketwire) — 07/27/11 — Fancamp Exploration Ltd. (TSX VENTURE: FNC) – The following is an update on the Company-s current exploration activities:Magpie, QuebecDrilling with two machines has been underway at The Magpie Mines Inc. deposit since July 7, targeting the historic deposit #2 on which three drill holes were put down by the Company in 2008. Drilling is taking place on a series of 500 foot spaced sections originally laid out by Stratmat Inc. in 1961. Thes
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VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/27/11 — Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company") is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") of 4,250,000 units at a price of $0.28 per unit to raise gross proceeds of $1,190,000. Each unit consists of one common share and one-half of one non-transferable common share purchase warrant. Each whole share purchase warrant is exercisabl
TORONTO, ONTARIO — (Marketwire) — 07/27/11 — Augen Gold Corp. ("Augen Gold" or the "Company") (TSX VENTURE: GLD) today announced that its Board of Directors unanimously recommends that shareholders reject the unsolicited offer by Trelawney Mining and Exploration Inc. ("Trelawney") to acquire the common shares of Augen Gold. The Board determined that the Trelawney offer fails to provide full value for Augen Gold shares and is an attempt by Trelawney to acquire A
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/27/11 — Mesa Exploration Corp. (TSX VENTURE: MSA)(PINK SHEETS: MSAJF) ("Mesa") is pleased to announce that the company has commenced an exploration program on the Blawn Mountain and White Mountain potash projects in western Utah.The exploration program will involve a detailed, systematic ground geophysical survey, geological mapping and reconnaissance, with rock sampling at elevated radiometric readings and mineralization. The projec
