VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/21/12 — Zone Resources Inc. (Zone) (TSX VENTURE: ZNR)(FRANKFURT: 7ZR) has arranged a non-brokered private placement of up to 7,500,000 units at a price of $0.085 per unit for total proceeds of up to $637,500 subject to the approval of the TSX Venture Exchange.Up to 7,500,000 units will be issued as non flow-through units consisting of one common share and one half (1/2) share purchase warrant. One full warrant will entitle the holder to purcha
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/21/12 — Nevsun Resources Ltd. (TSX: NSU)(NYSE Amex: NSU) -2011 HIGHLIGHTSNevsun Resources Ltd. is pleased to report its financial and operating results for 2011. All figures are in United States dollars, unless otherwise indicated.Annual 2011 Operating ResultsIn 2011 the Company recorded $548 million in revenues for the year on sales of 369,900 ounces of gold for an average realized price $1,620 per ounce. With 379,000 ounces produced, gold pr
TORONTO, ONTARIO — (Marketwire) — 03/21/12 — Organic Resource Management Inc. (TSX VENTURE: ORI) ("ORMI" or "the Company"), is pleased to announce that the traffic accident claim for $31 million has been settled within the limits of the Company-s insurance coverage subject to court approval.As previously reported, the Company received a statement of claim on February 3, 2009 in the amount of $31 million pertaining to a traffic accident which occurred in September 2008. T
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/21/12 — Golden Reign Resources Ltd. (TSX VENTURE: GRR) (the "Company" or "Golden Reign") is pleased to report additional sampling results from the Las Conchitas area of its flagship San Albino-Murra Gold Property (the "Property"), Nueva Segovia, Nicaragua.A comprehensive, on-going regional prospecting and sampling program at the Property has identified several new prospects within a 4 square kilometre area of the
ROUYN-NORANDA, CANADA — (Marketwire) — 03/21/12 — Z-Gold Exploration Inc. (TSX VENTURE: ZGG) announces that its Board of Directors has approved the extension of the expiry date of the 275,000 common share purchase warrants issued on April 13, 2010 for two additional years. The warrants will now expire on April 13, 2014 and the exercise price of $0.26 remains the same. This modification is subject to approval of TSX Venture Exchange.None of these warrants has been exercised and insiders of t
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/21/12 — Sutter Gold Mining Inc. (TSX VENTURE: SGM)(OTCQX: SGMNF) ("Sutter" or "the Company") At the request of IIROC, Sutter Gold Mining Inc. wishes to confirm that the Company-s management is unaware of any undisclosed material changes in the Company-s operations that would account for the recent increase in market activity.The material in this news release has been reviewed by Matthew Collins, COO, a Qualified Person as d
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TUCSON, ARIZONA — (Marketwire) — 03/21/12 — Pacific Copper Corp. (OTCBB: PPFP) (the "Company"), a Delaware corporation with its shares of common stock registered under Section 12(g) of the United States Securities Exchange Act of 1934, as amended. The Company files annual and other reports with the United States Securities and Exchange Commission (the "SEC"). On March 8, 2012, the Company received a cease trade order (the "CTO") from the British Columbia Securi
OTTAWA, ONTARIO — (Marketwire) — 03/21/12 — Galahad Metals Inc. (TSX VENTURE: GAX) ("Galahad") is pleased to announce the completion of 2012 Phase 1 exploration at the Regcourt Property, 30 km east of Val-d-Or, Quebec. The exploration programme consisted of four diamond drill holes totaling 1572 metres. Assays are expected to be released within the next month.MRB & Associates (MRB) of Val-d-Or, QC, are managing the operations of the Regcourt Project, and have designed the 2012
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/21/12 — Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) announces that it will extend the expiry dates of certain outstanding warrants as detailed below. The subject warrants were originally issued during March, April and September, 2010 with original expiry dates of 18 months and 2 years. The new expiry dates will provide a one year extension. 223,650 of these warrants are held by
