VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/20/12 — Prominex Resource Corp. (TSX VENTURE: PXR) announces a non-brokered private placement of up to 11,000,000 ("Units") at CAD $0.05 per unit. Each unit consists of one common share ("Common Share") and one full common share purchase warrant ("Warrant"). Each warrant will be exercisable at CAD $0.10 into one common share for a period of 12 months from the Closing date.The proceeds from this financing will be u
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/20/12 — Skyline Gold Corporation (TSX VENTURE: SK) ("Skyline" or the "Company") is pleased to announce that Susan P. Craig, M.Sc., P.Geo., has joined the Company as Vice-President Corporate Development.Ms. Craig is a professional geologist with over 20 years experience in exploration and mine development in North America. She was President and founder of Northern Freegold Resources Ltd., a company which outlined multiple Na
TORONTO, ONTARIO — (Marketwire) — 01/20/12 — Millstream Mines Ltd. (TSX VENTURE: MLM)(FRANKFURT: NJD) is pleased to announce that it has completed a non-brokered private placement of $150,000 through the sale of 800,000 flow-through common shares at $0.05 each and the sale of 2,750,000 non flow-through common shares at $0.04 each. The above share issuance is subject to a four (4) month hold period.The intended use of these proceeds is for exploration and development of its Potter Mine Prope
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/20/12 — FDG Mining Inc. ("FDG" or "Company") (TSX VENTURE: FDG) is pleased to announce the deployment of a second diamond core drill for its Topacio Project exploration drilling program. Encouraging assay results from the first core hole DDH11-01 (see FDG news release dated January 16, 2012) led management to accelerate the drill program in order to quickly verify and expand the inferred resource and to begin initial testin
MagShoe to Be Exhibited at American Correctional Association Winter Conference in Phoenix, Arizona
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/20/12 — New Guinea Gold Corporation (TSX VENTURE: NGG)(FRANKFURT: NG8) (or the "Company") announces that mining and processing at its Mt Sinivit operation is steadily returning towards full production. NGG has been progressing through the normal channels for the renewal of its main Mining Lease (ML122) and the associated leases and Exploration Licenses.Due to the local Landowners- disunity that process has been repeatedly delayed. NG
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/20/12 — Edgewater Exploration Ltd. (TSX VENTURE: EDW)(OTCQX: EDWZF) -Edgewater Exploration Ltd. ("Edgewater" or the "Company") is pleased to announce the latest results from the 2011 drilling programme recently completed at the Company-s, Enchi Gold Project ("Enchi or the Project") in Ghana. In 2011 three rigs completed 223 drill holes totaling 26,911m. Drilling was focused on three main zones of gold mineralizati
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/20/12 — Passport Potash Inc. ("Passport" or the "Company") (TSX VENTURE: PPI)(OTCQX: PPRTF) announces that it has granted 4,166,642 incentive stock options to directors, officers, consultants and employees of the Company. The options are exercisable at $0.38 and will expire on January 19, 2017.About Passport Potash Inc.Passport Potash Inc. is a publicly traded corporation engaged in the exploration and development of advanc
TORONTO, ONTARIO — (Marketwire) — 01/20/12 — US Gold Corporation ("US Gold") (NYSE: UXG)(TSX: UXG) and Minera Andes Inc. ("Minera Andes") (TSX: MAI)(OTCBB: MNEAF) are pleased to announce that at each of their respective meetings on January 19, 2012, shareholders voted in favour of the proposed business combination between US Gold and Minera Andes, pursuant to which US Gold will acquire Minera Andes and be renamed McEwen Mining Inc. ("McEwen Mining").At the spec
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/20/12 — San Marco Resources (TSX VENTURE: SMN) (the Company) has completed approximately 1625m of drilling at its 100% owned Tecomate property in Sinaloa State, Mexico. Exploration to date has focused on a 200 hectare area (Main Zone) of this 12,300 hectare property. The primary target area was the Los Hondidos Zone, where recent surface exploration indicated a 60 – 80m wide mineralized shear structure. This drill campaign is the first program
