KELOWNA, BRITISH COLUMBIA — (Marketwire) — 12/03/12 — Strathmore Minerals Corp. ("Strathmore" or the "Company") (TSX: STM)(OTCQX: STHJF) announces that it has received notice of termination of the Juniper Ridge Purchase and Sale agreement ("the Agreement") from Crosshair Energy Corporation ("Crosshair"). Crosshair has advised the Company that due to the continued deterioration in existing market conditions, it is not able to comply with the terms of t
SARATOGA SPRINGS, NY — (Marketwire) — 12/03/12 — The Board of Directors of Espey Mfg. & Electronics Corp. (NYSE MKT: ESP) has declared a special cash dividend of $1.00 per share. This special dividend is in addition to a regular quarterly dividend that has been increased from $0.225 to $0.25 of common stock per share. The dividends will be payable on December 20, 2012 to all shareholders of record on December 13, 2012.Espey-s primary business is the development, design, and production of
TORONTO, ONTARIO — (Marketwire) — 12/03/12 — Legend Gold Corp. (The "Company" or "Legend Gold") (TSX VENTURE: LGN) announces that the new Kata convention has been signed by the Minister of Mines today December 3, 2012. The Kata permit (formerly Diokeba) in Western Mali comprises 64 square km, located about 25 km southeast of the 12 Moz Au Sadiola Gold Mine, operated by Anglo-Ashanti in the Republic of Mali. It is less than 5 km from the south east corner of the Lakanfla/
MONTREAL, QUEBEC — (Marketwire) — 12/03/12 — Cabia Goldhills Inc. ("Cabia") (TSX VENTURE: CGH) is pleased to announce that it has completed on this day the second closing of a non brokered private placement pursuant to which 2,440,000 Units were issued for gross proceeds of $610,000. Each Unit is comprised of one common share of Cabia and one-half of a common share purchase warrant, each full warrant entitling the holder to acquire one Cabia common share at a price of $0.45 for a
123.94 Meters of Near Surface, Sulphide Mineralization Intercepted
TORONTO, ONTARIO — (Marketwire) — 12/03/12 — Superior Copper Corporation (TSX VENTURE: SPC) has entered into an agreement to acquire a 50% interest in the Jogran Porphyry located in Ryan Townships near Batchawana Bay, approximately 80 kilometres north of Sault Ste. Marie, Ontario, subject to regulatory approval. Superior Copper will acquire Jim Ralph-s 50% interest in the project by issuing 670,000 shares to the vendor, Jim Ralph.The Jogran Porphyry Property covers 1 unpatented mineral clai
MONTREAL, QUEBEC — (Marketwire) — 12/03/12 — Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE: CXT)(OTCQX: CRXEF)(FRANKFURT: C3X) announces that it has signed a contract to initiate up to 2,000-meter of diamond drilling on the Minto and Duggan properties. The drilling is expected to start on Tuesday, December 4.The drilling program at Minto will test the southern portion of the property in an area where a recent compilation has indicated strong similari
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/03/12 — CANGOLD LIMITED (TSX VENTURE: CLD) (the "Company") is pleased to announce that it has formally exercised its option for a 100% interest on the 4,279 hectare Plomo gold project in northern Sonora, Mexico. Pursuant to the terms of the option agreement, Cangold has made the final cash payment and share issuance to the vendor, who will retain a 2% Net Smelter Return royalty on any future production from the property.Recent geolog
TORONTO, ONTARIO — (Marketwire) — 12/03/12 — Rio Verde Minerals Development Corp. (TSX: RVD) ("Rio Verde" or the "Company") announced today that it has received a non-binding proposal to acquire the Company from B&A Mineracao S.A. ("B&A") and that it is in negotiations with B&A regarding the potential acquisition of the Company.Rio Verde has formed a special committee and has engaged financial and legal advisors to provide support with the process.R
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