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Minera IRL Commences Permitting on Don Nicolas Project 0

LONDON, UNITED KINGDOM and TORONTO, ONTARIO — (Marketwire) — 05/16/12 — Minera IRL Limited ("Minera IRL" or the "Company") (TSX: IRL)(AIM: MIRL)(BVLAC: MIRL), the Latin America gold mining company, is pleased to announce commencement of the permitting process for the Don Nicolas Project located in the mining friendly Santa Cruz Province, Argentina.Highlights:"The completion of the EIA and commencement of permitting marks another significant milestone in the developm

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Allied Nevada Announces Senior Note Offering for Effective Principal Amount of US$400.4 Million and an Effective Interest Rate of 8.375% per Annum 0

RENO, NEVADA — (Marketwire) — 05/16/12 — Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX: ANV)(NYSE Amex: ANV) announced today an offering of 8.75% senior unsecured notes due 2019 in an aggregate principal amount of C$400 million (the "Notes"). In connection with the offering, the Company will enter into a cross currency interest rate swap and thereby the notes will have an effective principal amount of US$400.4 million and an effective interes

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Global Technologies Group, Inc. Results of Final Mercury Emissions Testing 0

SARASOTA, FL — (Marketwire) — 05/15/12 — Global Technologies Group, Inc. (PINKSHEETS: GTGP) presents summary report dated today for the last series of Mercury emissions testing completed by MSE Technology Applications, Inc., which was conducted to determine if any acid gases, NOX or SOX will be generated using MBS with compressed air in the test system and update on MSE Acquisition.The same mercury test apparatus was used to run tests that will determine if a mercury laden gas stream that f

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Timmins Gold Reports Profit From Operations of $12.7 Million for Q1 2012 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Timmins Gold Corp. (TSX: TMM)(NYSE Amex: TGD) (the "Company") is pleased to report its first quarter of 2012 financial results for the period ended March 31, 2012. For comparative purposes, Q1 2011 below refers to the three months ended March 31, 2011. All results are presented in United States dollar unless otherwise stated. Readers should refer to the Q1 2012 management discussion and analysis (MD&A) and consolidated fi

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Oracle Mining Files First Quarter Financial Results 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX: OMN)(PINKSHEETS: OMCCF)(OTCQX: OMCCF)(FRANKFURT: OMC) announces the filing of its financial results for the quarter ended March 31, 2012. This media release should be read in conjunction with the unaudited condensed consolidated interim financial statements and notes thereto for the quarter ended March 31, 2012, and the management-s discussion & an

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Clarification of Property Disclosures 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — As a result of a review by the British Columbia Securities Commission, Apella Resources Inc. (TSX VENTURE: APA)(OTCQX: APAFF)(FRANKFURT: NWN) wishes to clarify certain disclosures made on the Company-s website, in material made available thereon and in written material distributed by the Company concerning certain of the Company-s mineral properties.The Company-s Lac Dore Vanadium, Iron and Titanium project near Chibougamau, Quebec con

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Andes Gold Corp. Releases First Quarter Results, Reports Increased Profits 0

BOCA RATON, FL — (Marketwire) — 05/15/12 — Andes Gold Corp. (PINKSHEETS: AGCZ), a gold mining company with existing operations in Ecuador, today released its financial statements for the first quarter ended March 31, 2012. The report was filed and is available on Pink Sheets.The report for the first quarter ended March 31, 2012 shows total revenues of $1,269,965 compared to revenues of $705,915 for the first quarter last year. This is an increase of $564,050 or 80% over the prior year. Net

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Magellan Closes Financing With Sandstorm Gold 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce the closing of the previously announced transaction with Sandstorm Gold Ltd. ("Sandstorm") (see press release dated ), whereby Magellan will grant Sandstorm Gold Ltd. a 2.5% net smelter returns royalty ("NSR") on the Coringa gold project ("Coringa") and a 1.0% NSR on the Cuiu Cuiu gold project ("Cuiu Cuiu"), both of wh

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Centerra Gold Announces a Dividend of Cdn$0.04 Per Share 0

TORONTO, ONTARIO — (Marketwire) — 05/15/12 — Centerra Gold Inc. (TSX: CG) announced today its first quarterly dividend. The Board of Directors has authorized a dividend of Cdn$0.04 per common share (approximately US$9.4 million at the current exchange rate). The dividend of Cdn$0.04 per common share is payable on June 15, 2012 to shareholders of record on May 31, 2012. The ex-dividend date will be May 29, 2012.The dividend is an eligible dividend for Canadian income tax purposes.In accordan

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Silvermex Resources Announces Q1 2012 Financial Results 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Silvermex Resources Inc. ("Silvermex") (TSX: SLX) reported today its unaudited financial results for the quarter ended March 31, 2012.Highlights from the quarter, which should be read in conjunction with the unaudited financial statement and management-s discussion and analysis available at and , include:The Company achieved a gross profit of $96,000 for the three months ended March 31, 2012, on sales of silver and gold of $

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