VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/13/13 — Oceanic Iron Ore Corp. ("Oceanic", or the "Company") (TSX VENTURE: FEO)(OTCQX: FEOVF) announces that it has undertaken a preliminary evaluation of the announced changes to the Quebec mining tax regime and has concluded that the proposed changes do not materially affect the economics of its Hopes Advance project, based on the assumptions made in the Company-s Pre-feasibility Study released last fall.The Company-s as
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/13/13 — Sirocco Mining Inc. (TSX: SIM) ("Sirocco" or "the Company") is pleased to report financial and operating results for the three month period ended March 31, 2013. The consolidated financial statements together with Management-s Discussion and Analysis will be available on the Company-s web site () and on SEDAR ().Iodine production in the first three months of 2013 ("Q1 2013") increased 6% to 363 tonnes ove
TORONTO, ONTARIO — (Marketwired) — 05/13/13 — Canstar Resources Inc. (Canstar) (TSX VENTURE: ROX) is pleased to announce its corporate strategy under the direction of its new President and Chief Executive Officer, Danniel Oosterman.The Mary March Project remains the immediate focus of Canstar in 2013. Canstar has concluded the current exploration results from the Mary March Project justify further exploration. The 2012 drill program is under review and Mr. Oosterman has been on location at
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/13/13 — Balmoral Resources Ltd. (TSX VENTURE: BAR)(OTCQX: BALMF) -Balmoral Resources Ltd. ("Balmoral" or the "Company") today reported that widely spaced drilling has successfully extended the Bug Lake Gold Zone by 350 metres to the south, effectively doubling the known strike extent of the Zone. With the southern-most hole of the current program returning some of the strongest intercepts reported today the Zone remains op
Confirms Highly-Metallized DRI Product; 81% Metallic Iron at 89% Recovery
PORTLAND, OR — (Marketwired) — 05/13/13 — Xun Energy, Inc. (OTCBB: XNRG) (XNRG) announced that the Company engaged RMJ Consulting LLC on May 1, 2013 to provide investor relations and consulting services. RMJ Consulting will assist XNRG with its efforts to enhance investor awareness, including but not limited to expanding its shareholder base, corporate communications and overall shareholder support. The initial contract runs for a period of twelve months and is renewable at the discretion of
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/13/13 — Formation Metals Inc. (TSX: FCO) ("Formation" or "the Company") announced today that on May 9, 2013 it redeemed bond debt of US$43.6 million. The debt was made available through the Federal Stimulus Package Recovery Zone Facility Bonds ("RZFB") to complete Phase I and Phase II construction of the Company-s 100% owned Idaho Cobalt Project ("ICP"). The debt was redeemed using the Company-s cash wh
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/13/13 — CB Gold Inc. (TSX VENTURE: CBJ) ("CB Gold" or the "Company") is pleased to provide summary drilling results from its Vetas Gold Project, District of Santander, Colombia ("Vetas Gold Project"), located 10 km south of AUX-s La Bodega and La Mascota deposits. Results from 4 holes include 4 separate intercepts of 5 g/t AuEq or greater.Real Minera Sheeted Vein Zone DrillingThe company has received gold assays
MONTREAL, QUEBEC — (Marketwired) — 05/13/13 — Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Company) a company with gold ore processing operations and exploration projects in Peru, has released its unaudited condensed interim consolidated financial statements for the three-month period ended March31, 2013. The Company is pleased to report that for Q1-2013, it recorded a net income of $3.0 M ($0.08 per share) compared to $1.7 M ($0.05 per share) in Q1-2012 and cash flow from operating a
RATHWELL, MB — (Marketwired) — 05/13/13 — Hutech21Co. Ltd. (PINKSHEETS: CLGZF), d.b.a. Prairie Oil Field Services Ltd. ("Prairie Oil Field" or "the Company"), a mining, manufacturer and distributor of crushed gravel and sand materials in North America, announced today that it has entered into an agreement to acquire a 160-acre quarry in Manitoba. The quarry will provide Prairie Oil Field with new opportunities to expand its existing quantities of crushed gravel, as well a
