Cash Flow from Operating Activities Totals $24.3 Million
TORONTO, ONTARIO — (Marketwired) — 08/07/13 — MacDonald Mines Exploration (TSX VENTURE: BMK) ("MacDonald" or "the Company") has received the results from its Spring 2013 drill program targeting volcanogenic massive sulfides ("VMS") in the Ring of Fire ("ROF"). Two drill targets were tested during the program over the Butler 3 and Butler 4 targets respectively. The Butler 3 drilling did not hit appreciable copper or zinc mineralization, but did interse
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/07/13 — Tango Gold Mines Incorporated (TSX VENTURE: TGV) (the Company or TGV) is pleased to announce that Andrew Neale will join the Company as Chief Executive Officer, effective August 7th, 2013.Mr. Andrew James Neale is a mining industry executive with over 25 years of experience in international mine operations management, engineering & environmental management, community & government relations; and executive & board level expe
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/07/13 — Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE: SGN) reports initial results from its 2013 satellite deposit drilling program at the 70% owned Mineral Ridge project, located in Nevada.The 2013 satellite program commenced with infill drilling along the northwest mineralized trend that extends from the Brodie pit to the Bluelite deposit. The Brodie area lies southwest of the currently produci
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/07/13 — Gold Reach Resources Ltd. (TSX VENTURE: GRV) (Gold Reach and/or the Company) is pleased to announce that assay results for holes Ox13-76 to 79 from the Ox deposit have been received. The Ox deposit is located 4 kilometres north-northeast of the Company-s West Seel discovery, and both deposits occur on the Company-s 100% owned Ootsa Property located adjacent to the producing Huckleberry Mine south of Smithers, British Columbia.HIGHLIG
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/07/13 — Fjordland Exploration Inc. (TSX VENTURE: FEX) is pleased to announce that diamond drilling has commenced on its Dillard porphyry copper-gold project, located between Merritt and Princeton in southern British Columbia. The 2013 work programs on Dillard are part of a staged, systematic exploration program budgeted at approximately $800,000, under a recent option agreement with Sumac Mines Ltd., a subsidiary of Sumitomo Metal Mining Co.
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/07/13 — EastCoal Inc. (TSX VENTURE: ECX)(AIM: ECX) (the "Company" or "EastCoal") is pleased to announce that it is proceeding with a share consolidation of its issued and outstanding common shares further to the approval of shareholders at the Company-s annual general and special meeting held on July 26, 2013 and the approval of the TSX Venture Exchange received today.The consolidation is expected to be effective from the
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/07/13 — Nevsun Resources Ltd. (TSX: NSU)(NYSE MKT: NSU) is pleased to report its financial and operating results for the second quarter of 2013. Unless otherwise noted, with the exception of earnings per share and cash cost per ounce figures, all results are in thousands of US dollars.This release should be read in conjunction with Nevsun Resources Ltd.-s (Nevsun or the Company) condensed consolidated interim financial statements for the six
TORONTO, ONTARIO — (Marketwired) — 08/07/13 — McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to announce an updated Canadian National Instrument 43-101 resource estimate for the El Gallo 2 project in Sinaloa State, Mexico. The main objective of the Company-s drilling during the past year was to convert Inferred Resources to the Measured and Indicated categories. This was done in order to begin work on an updated El Gallo 2 reserve estimate and mine plan. McEwen Mining-s drilling has be
TORONTO, ONTARIO — (Marketwired) — 08/07/13 — Allana Potash Corp. (TSX: AAA) (OTCQX: ALLRF) ("Allana" or the "Company") provides project update and announces that it has filed a technical report entitled "Resource Update for the Danakhil Potash Deposit, Danakhil Depression, Afar State, Ethiopia" (the "Technical Report") prepared in accordance with National Instrument 43-101 in support of the June 26, 2013 news release, which outlined the updated miner
