TORONTO, ONTARIO and VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/06/13 — Mega Uranium Ltd. ("Mega") (TSX: MGA) and Rockgate Capital Corp. ("Rockgate") (TSX: RGT) are pleased to announce that they have entered into a binding letter of intent (the "LOI") to combine the two companies (the "Merger") and create a diversified uranium company with advanced uranium assets in Australia and Mali, a pro forma cash balance of approximately $22 million and a
ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwired) — 06/06/13 — Red Moon Potash Inc. ("the Company" – "Red Moon") (TSX VENTURE: RMK) is pleased to announce that it has commenced drilling its Bay St. George potash/salt project as previously described in a news release dated May 16, 2013. The current program will drill two step out holes from the Captain Cook discovery. The holes will be known as Captain Cook #2 and #3. Drilling is being managed by the parent company, V
ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwired) — 06/06/13 — Vulcan Minerals Inc. ("the Company" – "Vulcan") (TSX VENTURE: VUL) is pleased to announce that its subsidiary, Red Moon Potash Inc. (Red Moon) (TSX VENTURE: RMK) has commenced drilling its Bay St. George potash/salt project. The current program will drill two step out holes from the Captain Cook discovery. The holes will be known as Captain Cook #2 and #3. Vulcan has extensive drilling experience in the a
TORONTO, ONTARIO — (Marketwired) — 06/06/13 — Asian Mineral Resources Limited ("AMR") (TSX VENTURE: ASN) is pleased to announce that its 90% owned subsidiary, Ban Phuc Nickel Mines LLC ("BPNM"), is currently in advanced negotiations with Lien Viet Post Bank ("LVPB") on the provision of a US$20 million project financing loan (the "Project Debt") for its Ban Phuc Nickel Project. As part of this proposal, and pending final credit approval of the Project
TORONTO, ONTARIO — (Marketwired) — 06/06/13 — Aura Minerals Inc. ("Aura Minerals" or the "Company") (TSX: ORA) announces an update on the mine and plant expansion at its wholly-owned Aranzazu copper project ("Aranzazu") in Zacatecas State, Mexico. All amounts are presented in United States dollars unless otherwise noted.On July 18, 2012, the Company released the results of the Preliminary Economic Assessment ("PEA") for Aranzazu, prepared by AMC Minin
QUEBEC CITY, QUEBEC — (Marketwired) — 06/06/13 — Clifton Star Resources Inc. ("Clifton Star" or "the Company") (TSX VENTURE: CFO)(FRANKFURT: C3T) is pleased to announce the assay results for an additional 30 drill holes from its 2013 Duparquet Project drill program, as well as results from its drill core resampling program of the Dumico Property.All of the drill holes listed in this press release will be included in the upcoming resource estimate update expected in early
BURNABY, BRITISH COLUMBIA — (Marketwired) — 06/06/13 — Mantra Energy Alternatives Ltd., the wholly owned subsidiary of Mantra Venture Group Ltd. (OTCQB: MVTG)(BERLIN: 5MV), has obtained a Chinese patent for its novel "Electro-Reduction of Carbon Dioxide" (ERC) process (Chinese patent No.ZL 2006 8 0037810.8). China is the second country to award a patent for ERC after India, which did so in 2012 (Indian patent No. 251493). ERC is an electrochemical carbon utilization process that c
TORONTO, ONTARIO — (Marketwired) — 06/06/13 — Black Widow Resources Inc. (TSX VENTURE: BWR) ("Black Widow" or the "Company") today announced that it has engaged CHF Investor Relations, a highly regarded Canadian investor relations firm headquartered in Toronto, as its IR partner.Mr. Neil Novak, the President and CEO of Black Widow said, "Our Board of Directors and Management team at Black Widow is pleased to have entered into this arrangement and is looking forward
Company-s Advanced Wireless Gas Detection System Enables 24/7 Real-Time, Remote Access to Instrument Readings of VOC, Toxic Gas and Radiation Threat Data
CALGARY, ALBERTA — (Marketwired) — 06/06/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF): Teras is pleased to report the results of a magnetotelluric (MT) survey recently conducted at the Cahuilla gold/silver project in Imperial County, California. The MT survey, conducted by Zonge International, is remarkably positive and has identified multiple apparent new precious metal targets including the potential location of deep high grade
