TORONTO, ONTARIO — (Marketwire) — 08/10/12 — Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6)(the "Company" or "AEI") is pleased to announce positive results of its Feasibility Study ("FS") conducted on the C Zone of its Roche Bay Iron Project. The FS has been completed by TetraTech Wardrop ("TetraTech") and confirms that the project has a Net Present Value of US $642 million (pre-tax). The complete report will be filed by the authors on
BOUCHERVILLE, QUEBEC — (Marketwire) — 08/10/12 — Strateco Resources Inc. (TSX: RSC)(FRANKFURT: RF9) reviewed the press release issued yesterday by the Grand Council of the Crees (Eeyou Istchee) regarding the declaration of a permanent moratorium on uranium exploration and exploitation on Eeyou Istchee territory."Although the Government of Quebec only can declare such a moratorium, the resolution underlines concerns of the Cree Nation that we have to take into account and for which we a
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/10/12 — Orex Minerals Inc. – (TSX VENTURE: REX) ("Orex") is pleased to announce the results from diamond drill Hole 1, Hole 2, Hole 3 and Hole 4 within the Avan Zone of our Barsele Project. The Barsele Gold Project is located approx. 600 km due north of Stockholm, and 40 kms southeast of Storuman, a small town situated in Vasterbottens Lan, which is a regional district of Northern Sweden.The completion of the Phase I drilling campaig
CRANFORD, NJ — (Marketwire) — 08/10/12 — Michael J. Drury, Executive Vice President and Chief Operating Officer for PGM and Lead Operations of Metalico, Inc. (NYSE MKT: MEA), will represent the company at the Global Hunter Securities Industrials Day 1×1 Series in Chicago on August 23.Mr. Drury will discuss Metalico-s performance and growth strategies as well as current market conditions in one-on-one and small group meetings through the day. The conference is meeting at the Library on the to
Modernization project to increase quality and performance is now complete.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/10/12 — Candente Gold Corp. (TSX: CDG)(PINKSHEETS: CGDXF)(BVL: CDG) ("Candente Gold" or "the Company") is pleased to announce that Goldcorp S.A. de C.V. ("Goldcorp Mexico", formerly Luismin S.A. de C.V.), a subsidiary of Goldcorp Inc., has advised the Company that it has elected to retain its 30% interest in the entirety of the El Oro Gold-Silver Project in Mexico by participating pro-rata in all future expenditur
TORONTO, ONTARIO — (Marketwire) — 08/09/12 — Ivernia Inc. ("Ivernia" or the "Company") (TSX: IVW) will report its financial results for the three month and six month period ended June 30, 2012 after the close of market (TSX) on Monday, August 13, 2012.Management will host a conference call to discuss the Company-s results at 10:00 a.m. (Eastern Time) onTuesday August 14, 2012. The call will be webcast live on the Ivernia website at .Dial-in information for the call is as
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/09/12 — Velocity Minerals Ltd. (TSX: VLC) ("the Company") announces that, further to its news release of April 16, 2012, the Company has agreed to an amendment of the option it obtained to acquire 100% of three historic Quebec graphite properties situated in southwestern Quebec in the Central Metasedimentary Belt of the Grenville Geologic Province. The properties are prospective for large flake, crystallite graphite and have a histor
COLORADO SPRINGS, CO — (Marketwire) — 08/09/12 — Gold Resource Corporation (NYSE MKT: GORO) today announced results for its second quarter ending June 30, 2012. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.17,211 ounces precious metal gold equivalent (AuEq) sold14,488 ounces AuEq produced8% AuEq production increase over prior year quarter$17.2 million mine gross profit generated$3.6 million net income, or $0.07 per share$8.2 mi
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/09/12 — Fortunate Sun Mining Company Ltd. (TSX VENTURE: FSM) (the "Company") has received the results of the recent drill program conducted at the company-s Golconda project. The results listed in the table below highlight those results from the 731 meters of diamond core drilling completed in 9 holes of HQ diameter drilling. These holes were designed to serve as due diligence drilling to confirm historical intercepts as well as test