CALGARY, ALBERTA — (Marketwire) — 01/04/13 — BACANORA MINERALS LTD. (TSX VENTURE: BCN) ("Bacanora" or the "Company") is pleased to announce the results of a Preliminary Economic Assessment ("PEA") on the Company-s Cajon Borate deposit in Sonora, Mexico.Highlights of the PEA for a potential colemanite mine and production facility with a mining rate of 231,100 tonnes averaging 10.5% B2O3 per annum to yield 50,000 tonnes of 40-42% colemanite concentrate per year o
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/04/13 — AuRo Resources Corp. (TSX VENTURE: ARU)(FRANKFURT: NXP3) -The Company wishes to announce that yesterday, at the annual general and special meeting of shareholders of the Company (the "AGM"), the shareholders elected Cyrus Driver, Dr. Antony Harwood, Scott McLean and Peter Tegart as directors of the Company. The new directors are successful businessmen with significant experience in geological exploration and mine development,
Gold-bearing Vein System Traced Over 520 m Strike Length
Acquisition Expands Hickory Springs Footprint in Transportation Seating Market
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/04/13 — Greg Myers, CEO and President of Caza Gold Corp. (TSX VENTURE: CZY)(OTCQX: CZGDF)(FRANKFURT: CZ6), is pleased to announce that Caza Gold has closed a non-brokered private placement equity financing for CAD$228,500 and has issued 533,439 common shares to Inversiones Ecologicas S.A. ("INECOSA") pursuant to the terms of the Los Andes option agreement dated January 31, 2011.The private placement is for 2,285,000 units at CAD$0.10
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/04/13 — Platinum Group Metals Ltd., (TSX: PTM)(NYSE Amex: PLG)(NYSE MKT: PLG) (the "Company" or "Platinum Group Metals") has closed its previously announced public offering of common shares (the "Offering"). Pursuant to the Offering, the Company issued 225,000,000 common shares at a price of C$0.80 per common share, for aggregate gross proceeds of C$180,000,000. BMO Capital Markets, RBC Capital Markets and GMP Sec
TORONTO, ONTARIO — (Marketwire) — 01/04/13 — Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE: OLV) provides an update for its exploration programs.The 2012 HOAM exploration program, reduced in scope and expenditure as a result of world financial markets, resulted in the discovery of one new kimberlite from 11 holes drilled to test nine geophysical targets. Saskatchewan Research Council reported no diamonds from 245 kilograms of kimberlite core submitted fo
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/04/13 — Empire Mining Corporation (TSX VENTURE: EPC) ("Empire") announces that its Directors have approved a name change to Columbus Copper Corporation.The change will take effect at the opening of trading on January 10, 2013 – Empire will commence trading on the TSX Venture Exchange under the new name Columbus Copper Corporation and the new ticker symbol CCU. There is no consolidation of capital.The changes emphasize Empire-s concen
WEST PERTH, AUSTRALIA — (Marketwire) — 01/04/13 — Peak Resources Limited ("Peak" or "the Company") (ASX: PEK) (OTCQX: PKRLY) today announced that a webcast discussing the highlights of the scoping study results for its 100%-owned Ngualla Rare Earth Project in Tanzania is now available.:The results of the scoping study and preliminary economic assessment released to the ASX on 3rd December 2012 indicate very low capital and operating costs compared to other rare earth proj
CALGARY, ALBERTA — (Marketwire) — 01/04/13 — MGold Resources Inc. (TSX VENTURE: MNI) ("MGold" or the "Corporation") announced today that it has signed a Letter of Intent with arm-s length third parties to purchase a 92.27% working interest in a suspended D-3 Oil Unit in central Alberta for a purchase price of $500,000. MGold expects to recomplete one of the three suspended wells in the 3rd quarter of 2013 and place it on production. MGold will be pursuing a variety of f