TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Galantas Gold Corporation (TSX VENTURE: GAL)(AIM: GAL) announces the departure of Richard Crew, Chief Operating Officer, from the Corporation. Richard is leaving to pursue other business interests and the Corporation thanks him for his contribution to the team.Galantas is 100% owner, via subsidiary Omagh Minerals Ltd, of Ireland-s only operating gold mine. The current open pit operation is drawing to a close and permitting is being sought to cont
BOUCHERVILLE, QUEBEC — (Marketwire) — 12/07/12 — Strateco Resources Inc. ("Strateco") (TSX: RSC)(FRANKFURT: RF9) is pleased to report that the indicated mineral resource at its Matoush project, located in the Otish Mountains in northern Quebec, has increased by 58% since the last mineral resource estimate was published in January 2012.The indicated resource is now estimated to be 586,000 tonnes with an average grade of 0.95 % U3O8 containing 12.33 million pounds of U3O8, compared
TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Latin American Minerals Inc. (TSX VENTURE: LAT)(OTCQX: LATNF) (the "Company") announces the commencement of CSAMT geophysical surveys at the Paso Yobai Project in Paraguay, an early start to the 2013 exploration campaign to drill the project-s multiple geochemical gold targets. The ground-based geophysical survey will initially focus on the X-Mile Trend prior to covering the Discovery Trend and multiple outlying target areas. The intens
WINNIPEG, MANITOBA — (Marketwire) — 12/07/12 — Wildcat Exploration Ltd. (TSX VENTURE: WEL) is pleased to announce that, subject to regulatory approval, it has completed a non-brokered private placement of shares to San Gold Corporation ("San Gold") for proceeds of $250,000, pursuant to renewal of the option of three properties in the Rice Lake gold camp to San Gold (see news release August 30, 2012).The option agreement with San Gold provides for private placements of $250,000 as
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/07/12 — International Montoro Resources Inc. ("Montoro") (TSX VENTURE: IMT)(PINKSHEETS: IMTFF)(FRANKFURT: O4T) has given Notice of Termination to Electric Metals Inc. (TSX VENTURE: EMI) pursuant to the terms of the Mineral Option Agreement (the "Agreement") on the Chuchinka Property dated June 9, 2010.Several terms of the Agreement had not been fulfilled on July 12/12 and following Notice of Default provided on October 29/1
TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Platinex Inc. (TSX VENTURE: PTX), has entered into an agreement with Probe Mines Limited to sell 100% interest in its Ivanhoe property. The Company will receive $80,000 as well as 50,000 common shares, and grant a net smelter royalty ("NSR") of 1.5% on the property. The securities will be subject to a restricted period of four months and one day from the date of issuance. The purchase is subject to TSX Venture Exchange approval.The Ivan
NEW YORK, NY — (Marketwire) — 12/07/12 — Crystal Research Associates, LLC announced today that it has issued an Executive Informational Overview® (EIO) on Abakan Inc. (OTCQB: ABKI). The full 76-page report is available from Crystal Research Associates at as well as from Abakan at .Abakan (or "the Company") develops, manufactures, and markets advanced nanocomposite materials, innovative fabricated metal products, and engineered metal composites for applications in oil and gas,
MONTREAL, QUEBEC — (Marketwire) — 12/07/12 — Stornoway Diamond Corporation (TSX: SWY) is pleased to announce that its wholly-owned subsidiary Les Diamants Stornoway (Canada) Inc. has completed a Financing Agreement with the Quebec Ministere des Finances et de l-Economie ("MFE") under which Stornoway will be financed to complete the construction of a mining-grade access road to the Renard Diamond Project (the "Renard Mine Road"). The Financing Agreement is pursuant to a F
MONTREAL, QUEBEC — (Marketwire) — 12/07/12 — Midland Exploration Inc. ("Midland") (TSX VENTURE: MD) is pleased to announce that it has signed an engagement letter with Laurentian Bank Securities Inc. to complete a private placement for gross proceeds of $2.5 million. The private placement will consist of 909,091 flow-through shares at $1.65 per share for an amount of $1,500,000 and 769,231 units at a price of $1.30 per unit, for an amount of $1,000,000. Each unit will be comprised
DALLAS, TX — (Marketwire) — 12/07/12 — Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") is pleased to announce the completion of the drill program at Gran Cabrera property in Cinco Minas, Mexico. 37 holes totaling 3,246m have been completed at Gran Cabrera Mine and bringing the drill density to a higher level which is more suitable for a mineral resources estimation.Assay results have been received for the first sixteen holes from Gran Cabrer
