VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/07/13 — Cayden Resources Inc. (TSX VENTURE: CYD) ("Cayden" or the "Company") is pleased to provide a corporate update to its shareholders.Cash position and sustainabilityThe Company currently has a strong cash position with over two years of operating capital. The current treasury including near-term receivables is approximately $15 million and Cayden is budgeting to have in excess of $9 million in the treasury in December
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/07/13 — Eagle Star Minerals Corp. (TSX VENTURE: EGE)(PINKSHEETS: ELGSF)(FRANKFURT: E6R) ("Eagle Star" or "the Company") is pleased to report a newly discovered, high grade phosphate area (Target G or "Kalunga target") in the northern-most area of its Bomfim claims. This new target area contains multiple outcrops of high-grade phosphorite, which based on the company-s geological model and now also exploration expe
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MONTREAL, QUEBEC — (Marketwired) — 05/07/13 — Stornoway Diamond Corporation (TSX: SWY) welcomes the recent announcement by the Government of Quebec pertaining to future legislation for mining taxation and royalties. The announcement will help to alleviate the uncertainty around taxation that has been prevalent in the Quebec mining sector for several months. The Government of Quebec has demonstrated a balanced approach that is sensitive to the challenges facing the industry, and which recogn
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/07/13 — Orca Gold Inc. (TSX VENTURE: ORG) ("Orca Gold" or the "Company") announces that it has granted an aggregate of 600,000 incentive stock options to certain eligible persons of the Company. The options are exercisable, subject to vesting provisions, over a period of three years at a price of $0.90 per share.About OrcaOrca Gold Inc. is a Canadian resource company focussed on exploration opportunities in Africa. The Com
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MONTREAL, QUEBEC — (Marketwired) — 05/07/13 — SEMAFO Inc. (TSX: SMF)(OMX: SMF) today announced that the Corporation-s 2013 first quarter results will be released on Monday, May 13, 2013. The financial statements will be available on the Corporation-s website at or at .SEMAFO-s senior management will host a conference call to discuss the first quarter financial and operational results, as well as to provide an update on the Corporation-s activities.The conference call will be archived for r
QUEBEC CITY, QUEBEC — (Marketwired) — 05/07/13 — MONARQUES RESOURCES INC. ("Monarques" or the "Company") (TSX VENTURE: MQR) is pleased to announce the acquisition of the gold property. Located 30 km East of Val-d-Or, it comprises 53 claims for a total area of 30 km2. Underground work has been carried out on the Regcourt property in 1946-47, and we can still find a 544-foot-deep (165 m) and 1,317 feet (400 m) of drifts on it.Under the agreement with the sellers, which is
SPOKANE, WASHINGTON — (Marketwired) — 05/07/13 — Hunt Mining Corp. (the "Corporation") (TSX VENTURE: HMX) is pleased to announce it has added the La Valenciana / La Josefina project in Santa Cruz, Argentina to its Exploration Agreement with Eldorado Gold Corporation ("Eldorado"). The La Valenciana project lies to the west of and is contiguous with the Corporation-s La Josefina project.As part of Eldorado-s acceptance of the La Valenciana / La Josefina project into the Ex
