TORONTO, ONTARIO — (Marketwired) — 04/16/13 — Unigold Inc. ("Unigold") (TSX VENTURE: UGD)Highlights:The terms of the potential investment are that IFC would make a $5-million investment in the Company at a share price of a 20 day VWAP at $0.25 per share, adding to Unigold-s existing cash reserves of $5.8-million. Following this investment, IFC would hold approximately 20-million common shares in the Company, representing approximately 8.2% of the issued share capital. IFC would al
COEUR D-ALENE, IDAHO — (Marketwired) — 04/16/13 — Timberline Resources Corporation (TSX VENTURE: TBR)(NYSE Amex: TLR)(NYSE MKT: TLR) ("Timberline" or the "Company") today announced that it has filed an updated NI 43-101 technical report on SEDAR demonstrating an increase to the gold resource estimate at its Lookout Mountain Gold Project in central Nevada. Lookout Mountain is the most advanced project within Timberline-s district-scale South Eureka property, which lies wi
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — Cardero Resource Corp. ("Cardero" or the "Company") (TSX: CDU)(NYSE MKT: CDY)(FRANKFURT: CR5) announces that Cardero Coal Ltd. has been successful in negotiating an extension of the deadline to exercise the option ("Option") to acquire the shares of a private company ("Shares") that holds 4 coal licenses which form part of the Carbon Creek Metallurgical Coal Project. In addition, the Company is
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX VENTURE: BAR)(OTCQX: BALMF) announces the approval and adoption by its Board of Directors of an advance notice policy (the "Policy"). The purpose of the Policy is to provide shareholders, directors and management of Balmoral with a clear framework for nominating directors of the Company. Balmoral is committed to: (i) facilitating an orderly and ef
WINNIPEG, MANITOBA — (Marketwired) — 04/16/13 — San Gold Corporation (TSX: SGR)(OTCQX: SGRCF) today announced preliminary results of operations at its Rice Lake Mining Complex in Manitoba, Canada for the quarter ended March 31, 2013.Q1 Production HighlightsFirst Quarter 2013 Preliminary Operating ResultsSan Gold produced 17,354 ounces of gold in the first quarter. The operation mined 143,859 tons of ore at an average daily rate of 1,598 tons per day and milled 156,013 tons in the quarter at
298,000 INDICATED Au oz @ 3.08 g/t 780,000 INFERRED Au oz @ 2.81 g/t
JUPITER, FL — (Marketwired) — 04/16/13 — GelTech Solutions, Inc. (OTCBB: GLTC), creators of Soil2O Dust Control, a cost effective, environmentally friendly solution to airborne dust, and FireIce, a revolutionary water enhancing fire suppressant that has the potential to change current firefighting techniques globally, announces that Peter Cordani, GelTech-s Chief Technology Officer, recently spent four days in Colombia working with a large private international mining company to help them mi
LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR — (Marketwired) — 04/16/13 — Rambler Metals and Mining plc, the Newfoundland copper and gold producer, explorer and developer (TSX VENTURE: RAB)(AIM: RMM) ("Rambler" or "the Company") is pleased to announce that it has finalized a purchase and sale arrangement with a local exploration company for the exclusive rights to explore and develop a gold/copper property. Under the agreement, Rambler is able to immediately
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — East Asia Minerals Corporation (TSX VENTURE: EAS) ("East Asia Minerals" or "the Company") today provides update on Indonesia-s Ministry of Forestry which is close to accepting a proposal to open 1.2 million hectares of forest in Aceh province for mining, logging, and palm oil production."We are very pleased with the recent news from the Indonesian Government. These new developments are good progress and positi
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — Pancontinental Uranium Corporation (TSX VENTURE: PUC) ("Pancon" or the "Company") is pleased to announce that its Joint Venture partner, Crossland Uranium Mines Limited (ASX: CUX) ("Crossland"), issued two press releases Monday in Australia. Both are related to the publication of the JV-s JORC-compliant Charley Creek REE Scoping Study. The first is an extensive summary and review of the Scoping Study and
