TORONTO, ONTARIO — (Marketwire) — 03/15/12 — Quest Rare Minerals Ltd. (TSX: QRM)(NYSE Amex: QRM) is pleased to announce that it has hired two critical new operations personnel in support of the Strange Lake B-Zone rare earth development project. The new project members will report to the Vice President, Operations.Colin Lindsay, Senior Project ManagerMr. Lindsay will be responsible for the overall implementation, and execution of Quest-s prefeasibility and feasibility studies. He has a B.Sc
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/15/12 — Galaxy Capital Corp. (TSX VENTURE: GXY) (the "Company" or "Galaxy") is pleased to announce that it has signed an agreement to acquire a 100-per-cent interest in the Buckingham Graphite Property, Quebec.Buckingham Graphite PropertyThe Buckingham Graphite property comprises two former producing mines, located just east of Buckingham, QC. They are located in the highly prospective Central Metasedimentary Belt of the Gr
NEW YORK, NY — (Marketwire) — 03/15/12 — Fox Petroleum Inc. (OTCQB: FXPT) (PINKSHEETS: FXPT) announced today that it is seriously reviewing a large residual oil and acquisition currently based in Venezuela."We are being approached on a weekly basis with crude leftovers and we are beginning to see a consistent oil arbitrage plays on a global level," said James Renfro, Chief Executive Officer of Fox Petroleum. "This Venezuelan acquisition can immediately do 100,000 barrels per
Protagen AG, a specialist in in-vitro diagnostics and the Natural and Medical Sciences Institute at the University of Tübingen (NMI), have announced the signing of an agreement for joint development of multiplex assays for the diagnosis of autoimmune diseases and cancer. The planned long-term partnership is based on results from pilot studies from the past two years and focuses on the development of customized assays for personalized medicin "Protagen has a unique expertise in
BRIDGEWATER, NOVA SCOTIA — (Marketwire) — 03/15/12 — Silver Spruce Resources Inc. (TSX VENTURE: SSE)(FRANKFURT: S6Q) -Silver Spruce Resources Inc. is pleased to announce that it is continuing its option on the road-accessible MRT, Rare Earth Element (REE) and Uranium (U) property on the Trans-Labrador Highway (TLH) in southern Labrador, located approximately 35 km from Goose Bay. Terms of the agreement to earn a 100% interest subject to a 2.5% NSR with a buyback of 1.5% for $1.5M, are a tot
TORONTO, ONTARIO — (Marketwire) — 03/15/12 — Moly Mines Limited (ASX: MOL)(TSX: MOL) The Board of Moly Mines advises that Dr Derek Fisher has resigned as the Company-s Managing Director and Chief Executive Officer.On behalf of all shareholders, the Board thanks Derek for his contribution and dedicated service to the Company since its incorporation in 2003. Derek leaves the Company with a profitable iron ore mine, a strong management team and cash reserves. The Board wishes him the best in h
JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 03/15/12 — AngloGold Ashanti (NYSE: AU) is pleased to acknowledge that Moody-s Investors Service today upgraded the issuer rating of AngloGold Ashanti Limited to Baa2 from Baa3, together with upgrading the senior unsecured debt obligations of the company-s guaranteed subsidiary to Baa2, in recognition of significant improvements in the company-s balance sheet position and operational performance."We-ve come a long way in three years, with the
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/14/12 — Zone Resources Inc. (Zone) (TSX VENTURE: ZNR) is pleased to announce the engagement of Mr. Christopher Skidmore of Beat the Market Stock Picks to provide investor relations for the company, subject to TSX Venture Exchange approval.Mr. Skidmore has been retained to assist the Company with a strategic mix of corporate communications and investor relations services aimed at increasing investor awareness. Under the terms of the agreement,
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/14/12 — Encore Renaissance Resources Corporation (-The Company-) (TSX VENTURE: EZ) (FRANKFURT: OUH1) (PINKSHEETS: ERRCF) announces that an annual general and special meeting of the shareholders is scheduled for April 4, 2012 (the "Meeting"), where shareholders will be asked to approve a change of name from "Encore Renaissance Resources Corp." to "WestKam Gold Corp." (the "Name Change") and a consolidatio
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/14/12 — Valhalla Resources Ltd. (TSX VENTURE: VH) ("Valhalla" or the "Company") is pleased to announce that it has entered into a Letter of Intent (the "LOI") with Kenz Madencilik Sanayi Ve Ticaret Limited Sirketi, ("Kenz Mining") a Turkish private company.The LOI provides that Valhalla and Kenz Mining will enter into a Strategic Alliance Agreement within 60 days from the signing. Valhalla and Kenz Minin