STONY BROOK, NY — (Marketwired) — 05/16/13 — Applied DNA Sciences, Inc. (OTCBB: APDN), (Twitter: @APDN), a provider of DNA-based anti-counterfeiting technology and product authentication solutions, announced its financial results for the second fiscal quarter ending March 31, 2013.For the three months ended March 31, 2013, APDN generated $344,605 in revenues from operations principally from the sales of authentication services. For the three months ended March 31, 2012, the company generated
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Baja Mining Corp. ("Baja") (TSX: BAJ)(OTCQB: BAJFF) has been informed by Minera y Metalurgica del Boleo, S.A.P.I. de C.V. ("MMB") that MMB has successfully negotiated an extension of the standstill agreement which expired on April 19, 2013.The standstill agreement extension signed with the remaining 2010 Project Financing lenders (excluding US EXIM) will expire on May 20, 2013.KORES and MMB continue to work with th
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Sandstorm Metals & Energy Ltd. ("Sandstorm") (TSX VENTURE: SND) is pleased to announce that production has commenced at the Bracemac-McLeod Mine ("Bracemac-McLeod") at an average rate of 3,000 tonnes per day. The mine operator, Glencore Xstrata plc, is now processing copper and zinc ore from the mine and Sandstorm is entitled to purchase an amount equal to 24.5% of the copper produced through its copper stream
TORONTO, ONTARIO — (Marketwired) — 05/16/13 — McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to announce that the Company will be expanding the El Gallo 1 Mine in Sinaloa, Mexico. The Company expects this expansion will significantly increase gold production for a small amount of capital."With today-s lower gold and silver prices and capital markets effectively shut to junior mining companies, one is forced to look closer at low cost alternatives in order to grow profitability. On
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Orefinders Resources Inc. (TSX VENTURE: ORX) reports additional high grade gold results from six more drill holes (1,866 m) from its phase II diamond drilling program at the Mirado Gold Project in Kirkland Lake, Ontario. Highlights include hole MD13-19 which intersected 32.54(i) g/t Au (uncut) over 5.90 meters of consistent bonanza grade mineralization (see Table 1) within an interval of 14.50 meters at an average cut grade of 8.10 g/
CALGARY, ALBERTA — (Marketwired) — 05/16/13 — Titanium Corporation Inc. (TSX VENTURE: TIC) ("Titanium" or the "Company") has been awarded the final of the three core Canadian patents that together secure its innovative green oil sands technology. The new patent is Canadian Patent No. 2662346 (Moran et al) for a novel process that recovers bitumen from froth treatment tailings."Securing this final Canadian patent is an important milestone in our intellectual property
PORTLAND, OR — (Marketwired) — 05/16/13 — Xun Energy, Inc. (OTCBB: XNRG) announced that the Company-s operator, Vencedor Energy Partners, commenced site construction on March 30, 2013 with the installation of the erosion and snake barriers. On May 3, 2013, the Pennsylvania Department of Transportation issued Permit No. 01031693 for the Highway Occupancy Permit (HOP). The HOP authorizes work only in department highway right of way for the construction of the driveway from the Mill City Road o
Hires Former ASML-s Keith Best as Director of Photolithography; Tasked With Driving Roadmap to 0.15 Microns
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — Nevsun Resources Ltd. (TSX: NSU)(NYSE MKT: NSU) (Nevsun or the Company) is pleased to advise that its Board of Directors has increased the semi-annual cash dividend by US$0.02 per common share to US$0.07 per common share (US$0.14 per common share annually). The dividend is payable on July 15, 2013 to shareholders of record as of the close of business on June 28, 2013. This is the fifth dividend payment under the Company-s progressive
KELOWNA, BRITISH COLUMBIA — (Marketwired) — 05/16/13 — FISSION URANIUM CORP. (TSX VENTURE: FCU) (the "Company" or "Fission"), the operator, and its 50% Joint Venture partner Alpha Minerals Inc., are pleased to report assay results from another nine holes in the R00E zone at its Patterson Lake South (PLS) Property. The assays show a continuous area of broad uranium mineralization at shallow depth. Of particular note is hole PLS13-043 which returned an interval of 22.0m at