TORONTO, ONTARIO — (Marketwire) — 11/02/12 — Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) is pleased to announce results from eleven diamond drill holes, totalling 2,714.14 m, completed in 2012, at 160 m intervals, over a strike length of 1,419 metres on the Kitenge prospect of the Company-s Somituri Project in north-eastern Democratic Republic of Congo ("DRC"). This prospect is 4.00 km from the Company-s 1.87moz Adumbi gold
QUEBEC CITY, QUEBEC — (Marketwire) — 11/02/12 — Monarques Resources Inc. ("Monarques" or the "Corporation") (TSX VENTURE: MQR) is pleased to release an update on its stripping and geochemistry campaign which ended on October 31, on its 100% owned Lemare property, located in the Rupert river area, in the Lower James Bay Region of Quebec.Exploration work carried out during Summer 2012 allowed to identify a gold bearing structure (Lac de la Chlorite showing, 1.6 g/t Au), lo
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HENDERSON, NV — (Marketwire) — 11/01/12 — Searchlight Minerals Corp. (OTCBB: SRCH) ("Searchlight" or the "Company") today announced the extension of the term of certain of its outstanding warrants.On November 1, 2012, the Board of Directors of the Company unilaterally determined to amend certain of the Company-s outstanding common stock purchase warrants to purchase up to an aggregate of 13,828,212 shares of common stock to extend their expiration dates through and includ
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/01/12 — Xemplar Energy Corp. (TSX VENTURE: XE)(FRANKFURT: E7R) -Mr. Simon Tam, an independent director of the Company and Chairman of the Special Committee, has today issued the following response to October 31, 2012 release by Mr. Ron Mitchell, regarding the circumstances under which the Board has removed Messrs. Mitchell and Gerry Pallotta from the Special Committee.The Special Committee was formed by the Board on October 18, 2012 for the sp
MONTREAL, QUEBEC — (Marketwire) — 11/01/12 — Niocan Inc. ("Niocan" or the "Company") (TSX: NIO) announced today developments with respect to its Great Whale Iron Property ("GWIP").A total of 320 additional claims have been staked around the three primary targets of the Company-s GWIP, bringing this project-s total claims to 460.The Company-s Board of Directors has also approved a new work program for its GWIP. A regional airborne magnetics survey will be conduc
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/01/12 — Kiska Metals Corporation ("Kiska" or "the Company") (TSX VENTURE: KSK) reports the appointment of Mr. Christopher Kerr, CGA, to the position of Chief Financial Officer effective November 1, 2012. Chris joined Kiska Metals Corporation in July, 2011 as Senior Accountant and brings over 10 years of experience to the company in the areas of accounting, audit, internal controls, finance and taxation including four years
TORONTO, CANADA — (Marketwire) — 11/01/12 — In its recent disclosure relating to the offer to acquire all of the common shares of Petaquilla Minerals LTD. ("Petaquilla"), Inmet (TSX: IMN) has referred to the rights of Minera Panama, S.A., ("MPSA"), the owner and developer of the Cobre Panama copper project, to build infrastructure necessary for the development on state-owned lands. Petaquilla, in its disclosure, has attempted to create legal ambiguity around these rights.
TORONTO, ONTARIO — (Marketwire) — 11/01/12 — Forbes & Manhattan Coal Corp. (TSX: FMC)(JSE: FMC) re-iterated today that operations at its Magdalena and Aviemore mines and coal processing plant near Dundee in South Africa-s KwaZulu-Natal province will remain suspended until such time as the safety of all employees and security of all company property can be assured.The company-s decision to suspend operations followed an incident yesterday in which two employees were injured and subsequen
TORONTO, ONTARIO — (Marketwire) — 11/01/12 — Forbes & Manhattan Coal Corp. (TSX: FMC)(JSE: FMC) announced today that it has appointed Craig Wiggill as chairman of its board of directors.Mr. Wiggill has held management, executive and directorship positions with several international mining and marketing companies in the coal sector. As CEO of Coal Americas at Anglo American plc., he was responsible for all coal activities in North and South America. He was previously Managing Director of