CALGARY, ALBERTA — (Marketwired) — 06/26/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF) -Teras is pleased to report that Dr. William C. Bagby has been appointed as Technical Advisor to the Board of Directors effective June 24, 2013. Dr. Bagby, California PG 7396, AIPG CPG-11457, was engaged by the Company in February of this year to lead a highly professional technical team to conduct a comprehensive review of the recent and histori
SAGUENAY, QUEBEC — (Marketwired) — 06/26/13 — Arianne Phosphate Inc. (the "Company" or "Arianne") (TSX VENTURE: DAN)(FRANKFURT: JE9N)(OTCBB: DRRSF) is pleased to announce the appointment of Mr. Brian Kenny as its new Chief Executive Officer, effective July 3rd, 2013.Brian is a seasoned project development executive, having most recently overseen the development and completion of the 7B$ EMAL smelter project in Abu Dhabi and directed more than $10 billion in development p
ANCHORAGE, AK — (Marketwired) — 06/26/13 — (the "Company" or "Miller") (NYSE: MILL) provided an update today on its Sword #1 well. The Company-s wholly owned Alaskan subsidiary, Cook Inlet Energy ("CIE"), has begun drilling operations on its Sword # 1 well located near the Company-s West McArthur River Field (WMR). Management expects to report initial drill results in about two months.The Sword # 1 well is planned as an extended reach well intended to be drille
TORONTO, ONTARIO — (Marketwired) — 06/26/13 — Moly Mines Limited (TSX: MOL)(ASX: MOL) is pleased to provide the following update.Following the approval of the Company-s shareholders obtained at today-s General Meeting, the mine gate sale agreement for iron ore produced at the Company-s Spinifex Ridge Iron Ore Mine with Mineral Resources Limited (ASX: MIN) (MRL) (Transaction), has become unconditional. The Company and MRL have agreed that the Transaction will take effect from 1 July 2013.Und
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — Guerrero Exploration Inc. ("Guerrero" or the "Company") (TSX VENTURE: GEX)(FRANKFURT: 2GU) has received the title certificates for its 100% owned Cibola and Coatepec concessions, and expects the Olinala concession to be granted in the coming months.Collectively, the three concessions overlap a combined surface area of 137,546 Hectares in the Mixteca Terrane of eastern Guerrero State, Mexico. The Mixteca Terrane hos
(All dollars are reported in US dollars, unless otherwise specified)
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — Formation Metals Inc. (TSX: FCO) ("Formation" or "the Company") ("Formation" or "the Company") announced today that it has advised certain entities that are associated or affiliated with Waterton Global Resource Management, Inc. ("Waterton") that the agreement (the "Letter Agreement") outlined in the Company-s news release of June 6, 2013 regarding the potential sale of its S
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — First Point Minerals Corp. (TSX: FPX) ("First Point" or the "Company") is pleased to announce that field exploration has begun at its 100%-owned Mich nickel-iron alloy property in the Yukon. The Company-s overall 2013 exploration program is budgeted at $1 million and will also include exploration work at the 100%-held Orca and Wale properties in northern British Columbia, as well as continued reconnaissance explora
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — International Northair Mines Ltd. (TSX VENTURE: INM) (the "Company" or "Northair") is pleased to announce that exploration at its La Cigarra silver project (the "Property") located in north central Mexico, has identified a potentially significant mineralized zone known as La Navidad.The La Navidad Zone was discovered as part of a broad geological mapping and sampling program carried out on its 32,000 hect
PERTH, WESTERN AUSTRALIA — (Marketwired) — 06/26/13 — Paladin Energy Ltd ("Paladin" or "the Company") (TSX: PDN)(ASX: PDN) wishes to advise that the strategic initiative outcome expected to be finalised at the end of June has been delayed to mid to late August. Advanced negotiations have been ongoing with two nuclear parties regarding finalising a minority equity position in the Company-s flagship Langer Heinrich Project in Namibia.The Company is confident a sale will be