VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/20/12 — Eco Oro Minerals Corp. ("Eco Oro" or the "Company") (TSX: EOM) announces an update on recent corporate developments.Cost Reduction StrategyAs a result of recent prejudicial rulings relating to Eco Oro-s principal mining title, concession 3452, and the ongoing delay in defining the boundaries of the proposed Regional Park and Paramo of Santurban, the Company is implementing certain cost reduction initiatives, which i
TORONTO, ONTARIO — (Marketwire) — 09/20/12 — Strike Minerals Inc. (TSX VENTURE: STK) ("Strike" or the "Company") is pleased to announce that it will offer on a best efforts basis a non-brokered private placement of up to $500,000 in common share units and flow through units (the "Units Offering").Strike will offer a combination of up to 3,500,000 Flow-Through Units ("FT Units") at a price of $0.10 per FT Unit and up to 2,142,860 common share units (&q
TORONTO, ONTARIO — (Marketwire) — 09/20/12 — Goldeye Explorations Limited (TSX VENTURE: GGY) previously announced that it proposes to complete a partially brokered private placement for gross proceeds of up to $4,450,000 through the sale of (i) up to 10,000,000 flow-through units at $0.15 per unit for a total of up to $1,500,000 (each unit consists of one flow-through common share and one-half of one common share purchase warrant) to be offered pursuant to the accredited investor and $150,0
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/20/12 — Equinox Exploration Corp. (TSX VENTURE: EQX) (Equinox) has mobilized a reverse circulation drill rig to its Binghampton Copper Queen (BCQ) volcanogenic massive sulfide (VMS) Project near Prescott, Arizona within the Arizona Copper Belt. Key points are:Surface exploration continues at BCQ to locate additional VMS trends within the 2,032 hectare property. The HELITEM airborne survey results have been received from Fugro Surveys and Equin
TORONTO, ONTARIO — (Marketwire) — 09/20/12 — Nuinsco Resources Limited ("Nuinsco" or "the Company") (TSX: NWI) today announced that it has entered into a royalty purchase agreement with an arm-s-length third party to sell the Company-s 3% net smelter return royalty (the "Royalty") on Coventry Resource Limited-s ("Coventry") Cameron Gold Project located southeast of Kenora in northwestern Ontario for cash proceeds of $5.1 million.Conditions to closing
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/20/12 — North American Nickel Inc. (TSX VENTURE: NAN)(OTCBB: WSCRF)(CUSIP: 65704T 108) North American Nickel ("NAN") is pleased to report that it has completed its first drill campaign at its 100% owned Maniitsoq project. Drilling commenced on August 26 and was completed on September 16. Nine diamond drill holes totalling 1,550 metres were drilled.All nine holes have been logged and all mineralized intersections have been sampled. A
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/20/12 — Tajiri Resources Corp. (the "Company") (TSX VENTURE: TAJ) reports that it has amended the terms associated with warrants connected to the $0.05 units offered as part of the Company-s current $600,000 non-brokered private placement, as announced July 31, 2012. Under the new terms each whole warrant will entitle the holder to purchase an additional common share in the capital of the Company, for a period of 36 months from closi
QUEBEC CITY, QUEBEC — (Marketwire) — 09/20/12 — Clifton Star Resources Inc. ("Clifton Star" or the "Corporation") (TSX VENTURE: CFO)(FRANKFURT: C3T) reports that, subject to regulatory approval, it has signed an Agreement with Xmet Inc. ("Xmet") (TSX VENTURE: XME)(OTCQX: XMTTF) to sell its Duquesne Property. The Duquesne Property claims are located immediately adjacent, east of Xmet-s Duquesne-Ottoman Project.This agreement is scheduled to close concurrently wi
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 09/20/12 — I-Minerals Inc. (TSX VENTURE: IMA)(PINKSHEETS: IMAHF) (the "Company") has received approval of its Mine Plan of Operations ("the MPO") from Idaho Department of Lands. The MPO will allow I-Minerals, subject to bonding and completion of the 30 day comment period on the Storm Water Pollution Prevention Plan (the SWPPP), to campaign mine feldspathic sands from June through October for up to ten years. The feldspathic sa
TORONTO, ONTARIO — (Marketwire) — 09/20/12 — Loncor Resources Inc. (the "Company" or "Loncor") (TSX VENTURE: LN)(NYSE MKT: LON)(NYSE Amex: LON) announces that in connection with its previously announced marketed public offering on September 19, 2012 (the "Offering"), it has entered into an underwriting agreement with a syndicate of investment dealers (the "Underwriters") to sell 8,600,000 common shares of the Company at a price of Cdn$1.05 per common
